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New Braunfels Area Community Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 455342842 ✦ New braunfels, TX ✦ Designated as a 501(c)(3)

Overview

What is New Braunfels Area Community Foundation?

The New Braunfels Area Community Foundation is a local nonprofit organization situated in New Braunfels, Texas. Its primary role is to facilitate charitable and philanthropic endeavors for donors by offering a range of fund options. This foundation encourages philanthropy by managing gifts, distributing funds, investing assets, and granting to charitable organizations on behalf of donors, ultimately benefiting the community at large. With a small team of two dedicated individuals, the New Braunfels Area Community Foundation plays a significant role in promoting philanthropy and fostering positive change in the area.


Official website here: www.nbacf.org

Is New Braunfels Area Community Foundation legitimate?

New Braunfels Area Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Braunfels Area Community Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $51,594

For more financial information, click here


Official website here: www.nbacf.org

What is the mission statement of New Braunfels Area Community Foundation?

The New Braunfels Area Community Foundation promotes philanthropy by accepting donations, managing funds, investing assets, and granting money to charitable organizations. Their mission is to enhance the community's welfare by acting on behalf of donors, ultimately benefiting the area as a whole. The foundation provides various fund options to assist donors in their charitable and philanthropic pursuits. By accepting gifts and administering funds, they encourage a culture of giving and contribute to the betterment of the community.


Official website here: www.nbacf.org

Who is the CEO of New Braunfels Area Community Foundation?

Brit King is the Past Chair of New Braunfels Area Community Foundation. The CEO's salary of New Braunfels Area Community Foundation is $111,943 and their total compensation is $111,943.


Official website here: www.nbacf.org

What is the revenue of New Braunfels Area Community Foundation?

New Braunfels Area Community Foundation's revenue in 2022 was $3,377,443.


Official website here: www.nbacf.org

Who are the executives of New Braunfels Area Community Foundation and what are their salaries?

The average compensation at New Braunfels Area Community Foundation during 2022 was $25,797. There are 2 employees at New Braunfels Area Community Foundation.

Here are 16 key members and their salaries (New Braunfels Area Community Foundation's CEO's salary is $111,943 and their total compensation is $111,943):

    Brit King (President/Ceo)
  • Compensation: $111,943
  • Related: $0
  • Other: $0

    • Cecil Eager (Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karl Hittle (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brenda Chapman (Co Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Cox (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Hammonds (Co Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Barr (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Wood (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Kahlig (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Kyle (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Seals (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Meek (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Quinn Holtman (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen Finck (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barry Williams (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Pinto (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nbacf.org

    Where can I find the form 990 for New Braunfels Area Community Foundation?

    The New Braunfels Area Community Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nbacf.org

    Learn more at the official website: www.nbacf.org

    Mission Statement of New Braunfels Area Community Foundation

    The New Braunfels Area Community Foundation plays a significant role in fostering a culture of philanthropy. They accomplish this by accepting donations, managing funds, investing assets, and making grants to charitable organizations on behalf of donors. Their ultimate goal is to benefit the community as a whole. The foundation encourages philanthropic efforts by providing a range of fund options, assisting donors in their charitable and benevolent pursuits.

    Impact

    This information is meant to be a general summary of New Braunfels Area Community Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The New Braunfels Area Community Foundation plays a vital role in developing and encouraging a culture of philanthropy in the area. By accepting gifts, administering funds, investing assets, and making grants to charitable organizations on behalf of donors, the foundation significantly contributes to the greater benefit of the community. Through its services to donors, providing various fund options, the foundation assists individuals in their charitable and philanthropic endeavors, thereby fostering a spirit of giving and community improvement in New Braunfels.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $657,148
  • Program Service Revenue: $153,838
  • Gross Receipts: $5,830,455

    • Assets and Liabilities:
  • Total Assets: $11,809,419
  • Total Liabilities: $1,782,429
  • Net Assets: $10,026,990
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ADMINISTRATIVE FEES

    Revenue

    $153,838

    Organization Details

    Founding Year

    2012

    Principal Officer

    Brit King

    Main Address

    801 W SAN ANTONIO ST, NEW BRAUNFELS, TX, 78130

    NTEE Category

    Code: S20 - Community improvement

    If you are a representative of New Braunfels Area Community Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.