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Waterstone Support Foundation Inc

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

EIN: 841430063 ✦ Colorado springs, CO ✦ Designated as a 501(c)(3)

Overview

What is Waterstone Support Foundation Inc?

Waterstone Support Foundation Inc is a Colorado Springs, Colorado-based nonprofit organization. It operates as a supporting body for Christian Community Foundation (CCF) and National Foundation Inc, furthering their religious, charitable, and educational tax-exempt missions. The foundation raises and distributes funds to organizations under Section 501(c)(3) and administers various charitable and educational projects under its exempt purpose. Waterstone Support Foundation's role is to bolster the charitable initiatives of CCF and National Foundation Inc.


Official website here: www.waterstone.org

Is Waterstone Support Foundation Inc legitimate?

Waterstone Support Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waterstone Support 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.waterstone.org

What is the mission statement of Waterstone Support Foundation Inc?

Waterstone Support Foundation Inc is a charitable organization dedicated to furthering the religious, charitable, and educational purposes of Christian Community Foundation (CCF) and National Foundation Inc. The foundation supports these tax-exempt organizations by raising and distributing funds to qualified Section 501(C)(3) organizations and administering various charitable and educational projects. Through its efforts, Waterstone Support Foundation Inc aims to make a significant impact on these causes, working in pursuit of their noble objectives.


Official website here: www.waterstone.org

Who is the CEO of Waterstone Support Foundation Inc?

John C Mulder is the Principal Officer of Waterstone Support Foundation Inc. The CEO's salary of Waterstone Support Foundation Inc is $0 and their total compensation is $374,872.


Official website here: www.waterstone.org

What is the revenue of Waterstone Support Foundation Inc?

Waterstone Support Foundation Inc's revenue in 2022 was $45,122,757.


Official website here: www.waterstone.org

Who are the executives of Waterstone Support Foundation Inc and what are their salaries?

Here are 8 key members and their salaries (Waterstone Support Foundation Inc's CEO's salary is $0 and their total compensation is $374,872):

    Kenneth R Harrison (Chief Executive Officer) [Trustee/Director]
  • Compensation: $0
  • Related: $331,958
  • Other: $42,914

    • John Mulder (President) [Trustee/Director]
  • Compensation: $0
  • Related: $286,817
  • Other: $11,044

    • Chris Start (Treasurer)
  • Compensation: $0
  • Related: $173,256
  • Other: $47,974

    • Ruthann Witkop (Assistant Secretary)
  • Compensation: $0
  • Related: $61,918
  • Other: $44,144

    • Doug H Kiesewetter Jr (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Lavinski (Vice President/Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kattie Watson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alan Brown (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.waterstone.org

    Where can I find the form 990 for Waterstone Support Foundation Inc?

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


    Official website here: www.waterstone.org

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

    Mission Statement of Waterstone Support Foundation Inc

    Waterstone Support Foundation, a supporting organization, plays a crucial role in furthering the religious, charitable, and educational purposes of Christian Community Foundation (CCF) and National Foundation Inc. The Foundation's primary objective is to raise and distribute funds to organizations qualified under section 501(C)(3). By administering and supporting various charitable and educational projects, Waterstone Support Foundation contributes significantly to the pursuit of these exempt purposes.

    In essence, Waterstone Support Foundation serves as a vital partner to CCF and National Foundation Inc., aiding in their mission to make a positive impact on communities. The organization's commitment extends beyond fundraising, as it also supports a multitude of charity projects and ministry initiatives. By doing so, Waterstone Foundation contributes to the broader goal of improving lives and addressing the needs of those in need.

    Waterstone Support Foundation's activities are rooted in its mission to support the religious, charitable, and educational tax-exempt purposes of CCF and National Foundation Inc. The Foundation's dedication to this mission is evident in its daily operations, as it works tirelessly to distribute funds and provide administrative support to various charitable and educational projects. Through its efforts, Waterstone Support Foundation plays a crucial role in making a difference in the lives of individuals and communities, ultimately contributing to a more compassionate and caring society.

    Impact

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




    Thursday, August 15, 2024

    Waterstone Support Foundation Inc plays a crucial role in supporting the charitable and religious purposes of CCF DBA Waterstone & National Foundation Inc. By raising and distributing funds to various organizations qualifying under section 501(c)(3), the foundation administers and supports a variety of charitable and educational projects. Through its mission to support the religious, charitable, and educational tax-exempt purposes of Christian Community Foundation and National Foundation Inc, Waterstone Support Foundation Inc makes a significant impact in pursuing its exempt purpose.





    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: $2,200,950
  • Program Service Revenue: $17,758,657
  • Gross Receipts: $73,179,295

    • Assets and Liabilities:
  • Total Assets: $127,103,327
  • Total Liabilities: $70,158,283
  • Net Assets: $56,945,044
  • Programs

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

    ACTUARIAL ADJUSTMENT

    Revenue

    $12,595,965

    PARTNERSHIP DISTRIBUTION INCOME

    Revenue

    $2,939,686

    TRUSTEE FEES

    Revenue

    $2,223,006

    Organization Details

    Founding Year

    1997

    Principal Officer

    John C Mulder

    Main Address

    10807 NEW ALLEGIANCE DRIVE 240, COLORADO SPRINGS, CO, 80921

    NTEE Category

    Code: X11 - Religion related

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