Smcu Community Fund

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

EIN: 850663372 ✦ Redwood city, CA ✦ Designated as a 501(c)(3)

Overview

What is Smcu Community Fund?

The Smcu Community Fund is a 501(C)(3) nonprofit organization established by San Mateo Credit Union. Based in Redwood City, California, this charity focuses on supporting child care centers and family child care homes through funding derived from local government and foundation contributions. The organization's mission aligns with San Mateo Credit Union's commitment to financial wellness within the community.


Official website here: www.smcucommunityfund.org

Is Smcu Community Fund legitimate?

Smcu Community Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Smcu Community Fund 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.smcucommunityfund.org

What is the mission statement of Smcu Community Fund?

The Smcu Community Fund is a 501(c)(3) nonprofit organization established by San Mateo Credit Union. Its primary mission is to promote financial wellness within the community. The fund supports this commitment by providing financial aid to child care centers and family child care homes. The funding is acquired from both local government and foundation contributions.


Official website here: www.smcucommunityfund.org

Who is the CEO of Smcu Community Fund?

Wade Painter is the President of Smcu Community Fund.


Official website here: www.smcucommunityfund.org

What is the revenue of Smcu Community Fund?

Smcu Community Fund's revenue in 2022 was $12,185,125.


Official website here: www.smcucommunityfund.org

Who are the executives of Smcu Community Fund and what are their salaries?

Here are 4 key members and their salaries:

    Wade Painter (President) [Trustee/Director]
  • Compensation: $0
  • Related: $801,842
  • Other: $22,500

    • Valerie Alsip (Director)
  • Compensation: $0
  • Related: $559,420
  • Other: $14,845

    • David Diamond (Cfo & Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $401,435
  • Other: $15,736

    • Suzanne Knowlton (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $215,497
  • Other: $23,134


  • Official website here: www.smcucommunityfund.org

    Where can I find the form 990 for Smcu Community Fund?

    The Smcu Community Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.smcucommunityfund.org

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

    Mission Statement of Smcu Community Fund

    The Smcu Community Fund, a 501(C)(3) nonprofit organization, was established by San Mateo Credit Union with a mission to bolster financial wellness within their community. They prioritize this commitment by providing essential funding for child care centers and family child care homes.

    This nonprofit fund's dedication to child care stems from a combination of local government and foundation contributions. By investing in these facilities, the Smcu Community Fund plays a vital role in ensuring the availability and accessibility of quality child care services for families in need. These critical resources enable parents to focus on their employment and personal growth, ultimately strengthening their financial situation and fostering long-term stability for their families.

    Impact

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




    Thursday, August 15, 2024

    The impact of the Smcu Community Fund is evident in the support it provides to child care centers and family child care homes in Redwood City, CA. By offering funding derived from local government and foundation contributions, the fund plays a vital role in ensuring access to quality child care services in the community. This not only facilitates working parents but also contributes to the overall well-being of families by promoting financial stability. The fund's dedication to enhancing financial wellness aligns with its mission to uplift the community and foster sustainable improvements. Through its initiatives, the Smcu Community Fund makes a tangible difference in enhancing the quality of life for residents while championing community improvement efforts.





    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: $1,316
  • Program Service Revenue: $0
  • Gross Receipts: $12,185,125

    • Assets and Liabilities:
  • Total Assets: $1,552,950
  • Total Liabilities: $885,000
  • Net Assets: $667,950
  • Organization Details

    Founding Year

    2020

    Principal Officer

    Wade Painter

    Main Address

    350 CONVENTION WAY, REDWOOD CITY, CA, 94063

    NTEE Category

    Code: S30 - Community improvement

    If you are a representative of Smcu Community Fund 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.