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Strada Education Foundation Inc

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

EIN: 473044430 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

Overview

What is Strada Education Foundation Inc?

The Strada Education Foundation Inc, located in Indianapolis, Indiana, functions as a 501(C)(3) organization and a supporting organization to Strada Collaborative Inc, with a workforce of approximately 139 employees. Their mission centers around strengthening the link between education and employment in the United States, particularly for individuals who have encountered significant obstacles in accessing opportunities through post-secondary education or training. They achieve this aim through financial and in-kind support of Strada Collaborative Inc, as well as grants to compatible public charities, such as post-secondary educational institutions. Additionally, Strada Education Foundation Inc engages in research, communications, convenings, mission-aligned investments, and various other activities that further their mission.


Official website here: www.stradaeducation.org

Is Strada Education Foundation Inc legitimate?

Strada Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Strada Education Foundation Inc 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: $6,680,993
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,373,017

For more financial information, click here


Official website here: www.stradaeducation.org

What is the mission statement of Strada Education Foundation Inc?

The Strada Education Foundation Inc is dedicated to strengthening the link between education and employment in the United States, with a particular emphasis on aiding individuals who have encountered significant obstacles in securing opportunities through post-secondary education or training. This mission is accomplished through the financial and in-kind support of Strada Collaborative Inc and grants to public charities with similar objectives, as well as through research, communications, convenings, mission-aligned investments, and various other activities.


Official website here: www.stradaeducation.org

Who is the CEO of Strada Education Foundation Inc?

Stephen Moret is the Ceo & President (Beg 1/1/22) of Strada Education Foundation Inc. The CEO's salary of Strada Education Foundation Inc is $1,033,088 and their total compensation is $1,107,352.


Official website here: www.stradaeducation.org

What is the revenue of Strada Education Foundation Inc?

Strada Education Foundation Inc's revenue in 2022 was $89,606,480.


Official website here: www.stradaeducation.org

Who are the executives of Strada Education Foundation Inc and what are their salaries?

The average compensation at Strada Education Foundation Inc during 2022 was $165,856. There are 139 employees at Strada Education Foundation Inc.

Here are 30 key members and their salaries (Strada Education Foundation Inc's CEO's salary is $1,033,088 and their total compensation is $1,107,352):

    William Hansen (Former Officer)
  • Compensation: $1,631,677
  • Related: $0
  • Other: $0

    • Stephen Moret (Ceo & President (Beg 1/1/22)) [Trustee/Director]
  • Compensation: $1,033,088
  • Related: $0
  • Other: $74,264

    • Larry Lutz (Evp, Corp Dev & Secretary)
  • Compensation: $811,517
  • Related: $0
  • Other: $72,300

    • Thomas Dawson (Evp)
  • Compensation: $792,572
  • Related: $0
  • Other: $75,150

    • Ruth Watkins (Evp, President Post Ed)
  • Compensation: $701,129
  • Related: $0
  • Other: $65,467

    • Michael Austin (Svp, Oper Plan/Analysis & Inter Cfo)
  • Compensation: $665,639
  • Related: $0
  • Other: $75,150

    • David Clayton (Svp, Consumer Insights)
  • Compensation: $545,404
  • Related: $0
  • Other: $73,500

    • Jessica Hinkle (Svp, Strategic Investments)
  • Compensation: $525,410
  • Related: $0
  • Other: $75,150

    • Thomas R Ertel (Svp & Cao)
  • Compensation: $510,857
  • Related: $0
  • Other: $49,497

    • Leonard Gurin (Svp, Investments)
  • Compensation: $483,331
  • Related: $0
  • Other: $70,822

    • Terry Holloway (Former Officer)
  • Compensation: $462,874
  • Related: $0
  • Other: $72,300

    • Courtney Mcbeth (Svp, Chief Program Officer)
  • Compensation: $430,207
  • Related: $0
  • Other: $72,900

    • Daryl Graham (Former Officer)
  • Compensation: $440,614
  • Related: $0
  • Other: $57,157

    • Christopher Meyer (Svp, Strat. & Innovation)
  • Compensation: $422,231
  • Related: $0
  • Other: $72,366

    • Julie Ragsdale (Interim General Counsel)
  • Compensation: $309,611
  • Related: $0
  • Other: $29,147

    • Carol D'Amico (Former Officer)
  • Compensation: $146,730
  • Related: $0
  • Other: $0

    • Scott Fleming (Former Officer)
  • Compensation: $133,189
  • Related: $0
  • Other: $0

    • Marlene Coulis (Chairman) [Trustee/Director]
  • Compensation: $115,000
  • Related: $0
  • Other: $0

    • Edward Schmidt (Board Member) [Trustee/Director]
  • Compensation: $98,511
  • Related: $0
  • Other: $0

    • Thomas Mangas (Board Member) [Trustee/Director]
  • Compensation: $98,011
  • Related: $0
  • Other: $0

    • Miriam Strouse (Board Member) [Trustee/Director]
  • Compensation: $97,000
  • Related: $0
  • Other: $0

    • Sureel Choksi (Board Member) [Trustee/Director]
  • Compensation: $97,000
  • Related: $0
  • Other: $0

    • Wade Dyke (Board Member) [Trustee/Director]
  • Compensation: $97,000
  • Related: $0
  • Other: $0

    • Nicole Jenkins (Board Member) [Trustee/Director]
  • Compensation: $86,012
  • Related: $0
  • Other: $0

    • Aminta Breaux (Board Member) [Trustee/Director]
  • Compensation: $85,838
  • Related: $0
  • Other: $0

    • Ernest Newborn Ii (Board Member) [Trustee/Director]
  • Compensation: $85,838
  • Related: $0
  • Other: $0

    • Erik Moreno (Board Member) [Trustee/Director]
  • Compensation: $85,000
  • Related: $0
  • Other: $0

    • Gerard Olinger (Board Member) [Trustee/Director]
  • Compensation: $85,000
  • Related: $0
  • Other: $0

    • Michael King (Board Member) [Trustee/Director]
  • Compensation: $85,000
  • Related: $0
  • Other: $0

    • William Neale (Board Member) [Trustee/Director]
  • Compensation: $85,000
  • Related: $0
  • Other: $0


  • Official website here: www.stradaeducation.org

    Where can I find the form 990 for Strada Education Foundation Inc?

    The Strada Education Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.stradaeducation.org

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

    Mission Statement of Strada Education Foundation Inc

    Strada Education Foundation, Inc. is a philanthropic organization dedicated to fortifying the link between education and employment in the United States. With a particular focus on assisting individuals who have encountered significant barriers in accessing opportunities through post-secondary education or training, Strada Education Foundation, Inc. pursues this mission through various means.

    Financially and in-kind, Strada Education Foundation, Inc. supports Strada Collaborative, Inc., an affiliated organization, and grants to other charities with complementary missions, such as post-secondary educational institutions. The foundation's commitment extends beyond financial aid, as they also engage in research, communications, convenings, mission-aligned investments, and other activities to further strengthen the connection between education and employment in the country. Through these efforts, Strada Education Foundation, Inc. seeks to empower those who have faced the greatest challenges in securing opportunities for personal and professional growth.

    Impact

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




    Thursday, August 15, 2024

    Strada Education Foundation Inc's impact is focused on strengthening connections between education and employment in the U.S., with a special emphasis on assisting individuals who have encountered significant challenges in accessing opportunities through postsecondary education or training. The foundation achieves this by providing financial and in-kind support to Strada Collaborative Inc. and granting funds to other public charities that share a similar mission. Additionally, Strada Education Foundation Inc engages in research, communications, convenings, mission-aligned investments, and other activities to further its objective of enhancing the pathway from education to employment for those in need.





    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: $50,413,730
  • Program Service Revenue: $0
  • Gross Receipts: $524,064,185

    • Assets and Liabilities:
  • Total Assets: $1,944,963,967
  • Total Liabilities: $60,011,532
  • Net Assets: $1,884,952,435
  • Organization Details

    Founding Year

    2015

    Principal Officer

    Stephen Moret

    Main Address

    10 WEST MARKET STREET SUITE 1100, INDIANAPOLIS, IN, 46204

    NTEE Category

    Code: B90 - Education

    If you are a representative of Strada Education Foundation Inc 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.