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Sonora Area Foundation

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

EIN: 931023051 ✦ Sonora, CA ✦ Designated as a 501(c)(3)

Overview

What is Sonora Area Foundation?

The Sonora Area Foundation serves as a catalyst for community enhancement and improvement, located in Sonora, CA. By aiding donors, making grants, and offering leadership, this nonprofit organization strives to bolster its local community. The foundation awards financial assistance to tax-exempt organizations, with a focus on charitable endeavors that positively impact the community and elevate the living standards of its residents. The Sonora Area Foundation's mission is centered around its commitment to strengthening its community through philanthropy and empowering local organizations.


Official website here: www.sonora-area.org

Is Sonora Area Foundation legitimate?

Sonora Area Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sonora Area 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: $220,211

For more financial information, click here


Official website here: www.sonora-area.org

What is the mission statement of Sonora Area Foundation?

The Sonora Area Foundation serves a mission to empower its community by assisting donors, making grants, and providing leadership. It grants funds to tax-exempt organizations for charitable purposes that enhance the community and improve the quality of life for its residents. The foundation's activities aim to strengthen the community by supporting initiatives that align with its mission. By providing resources and leadership, the Sonora Area Foundation seeks to bring about positive change and improve the livelihoods of its community members. The foundation is dedicated to fostering a strong and thriving community through its philanthropic efforts.


Official website here: www.sonora-area.org

Who is the CEO of Sonora Area Foundation?

Derek Maxson is the Ceo of Sonora Area Foundation. The CEO's salary of Sonora Area Foundation is $152,000 and their total compensation is $164,449.


Official website here: www.sonora-area.org

What is the revenue of Sonora Area Foundation?

Sonora Area Foundation's revenue in 2022 was $3,834,313.


Official website here: www.sonora-area.org

Who are the executives of Sonora Area Foundation and what are their salaries?

The average compensation at Sonora Area Foundation during 2022 was $31,459. There are 7 employees at Sonora Area Foundation.

Here are 9 key members and their salaries (Sonora Area Foundation's CEO's salary is $152,000 and their total compensation is $164,449):

    Darrell Slocum (Ceo)
  • Compensation: $152,000
  • Related: $0
  • Other: $12,449

    • Vicki Albrecht (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

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

    • Derek Maxson (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dana Mayo (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Marianne Wright (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.sonora-area.org

    Where can I find the form 990 for Sonora Area Foundation?

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


    Official website here: www.sonora-area.org

    Learn more at the official website: www.sonora-area.org

    Mission Statement of Sonora Area Foundation

    The Sonora Area Foundation, a distinguished nonprofit organization, is dedicated to bolstering its community by assisting donors, making grants, and providing leadership. Its primary mission involves supporting tax-exempt organizations with charitable purposes that aim to enhance the community and improve the quality of life for its residents. By granting funds, this foundation plays a pivotal role in fostering initiatives that contribute positively to the community, ultimately contributing to its overall strength and development.

    Impact

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




    Saturday, July 20, 2024

    Sonora Area Foundation's impact is significant as it strengthens its community through assisting donors, making grants, and providing leadership. By granting funds to tax-exempt organizations for charitable purposes, the foundation enhances the community and improves residents' quality of life in Sonora, California. Through its mission of assisting donors, making grants, and providing leadership, the Sonora Area Foundation plays a crucial role in supporting and uplifting the local community.





    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: $525,161
  • Program Service Revenue: $175,906
  • Gross Receipts: $5,970,763

    • Assets and Liabilities:
  • Total Assets: $17,091,050
  • Total Liabilities: $356,421
  • Net Assets: $16,734,629
  • Programs

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

    GRANTS ADMINISTRATION

    Revenue

    $175,906

    Organization Details

    Founding Year

    1989

    Principal Officer

    Derek Maxson

    Main Address

    362 S STEWART STREET, SONORA, CA, 95370

    NTEE Category

    Code: T31Z - Philanthropy

    If you are a representative of Sonora Area 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.