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Lincoln County Foundation

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

EIN: 936030371 ✦ Newport, OR ✦ Designated as a 501(c)(3)

Overview

What is Lincoln County Foundation?

The Lincoln County Foundation is a charitable organization situated in Newport, Oregon. Established with the purpose of aiding the community, particularly its youth, the foundation collects and manages funds and assets to provide support through grants and scholarships. Over the year, it has disbursed a significant sum of 69,058 dollars to 17 local governmental agencies, nonprofit organizations, and other entities. These recipients utilize the funds to sustain their operations and deliver essential services to the public. The foundation's mission is deeply rooted in uplifting the well-being of the community's residents, with a special focus on supporting young people.


Official website here: www.lincf.org

Is Lincoln County Foundation legitimate?

Lincoln County Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lincoln County 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: $48,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.lincf.org

What is the mission statement of Lincoln County Foundation?

The Lincoln County Foundation is an organization with a mission to aid people, particularly the young, in Lincoln County, Oregon. It achieves this by receiving, administering, and dispersing funds and other resources, primarily through grant and scholarship programs. By doing so, the foundation aims to support various initiatives and services that benefit the local community. Recently, the foundation distributed grants to 17 organizations in the region, totaling $69,058, to enhance their operations and the public services they provide.


Official website here: www.lincf.org

Who is the CEO of Lincoln County Foundation?

Lori Arce-Torres is the President of Lincoln County Foundation.


Official website here: www.lincf.org

What is the revenue of Lincoln County Foundation?

Lincoln County Foundation's revenue in 2022 was $1,726,637.


Official website here: www.lincf.org

Who are the executives of Lincoln County Foundation and what are their salaries?

The average compensation at Lincoln County Foundation during 2022 was $48,000. There are 1 employees and 7 volunteers at Lincoln County Foundation.

Here are 9 key members and their salaries:

    Jon Zagel Cpa (Executive Di)
  • Compensation: $48,000
  • Related: $0
  • Other: $0

    • Lori Arce-Torres (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Keith Nelson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deborah Trusty (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Hanrahan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jean Turner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Wahlke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marcia Buckley (Director Par)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lincf.org

    Where can I find the form 990 for Lincoln County Foundation?

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


    Official website here: www.lincf.org

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

    Mission Statement of Lincoln County Foundation

    The Lincoln County Foundation is an established organization with a mission to support the community, particularly focusing on the youth of Lincoln County, Oregon. This is achieved by receiving, managing, and distributing funds and other assets. The primary objective of these resources is to aid various organizations, non-profit entities, and other relevant bodies, thereby enhancing their operations and the public services they provide. Although the specifics of how these grants are allocated are not detailed in the provided information, it is clear that the Lincoln County Foundation is committed to assisting its local community, with a special focus on fostering opportunities for young people.

    Impact

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




    Saturday, July 20, 2024

    The Lincoln County Foundation's impact is significant in supporting the people of Lincoln County, Oregon, especially the youth, through grants and scholarships. In the past year, the foundation has provided grants to various governmental agencies, organizations, and other groups in the amount of $69,058 to support their operations and services to the public. This demonstrates the foundation's dedication to enhancing the lives of individuals in the community and fostering growth and development, particularly among the younger population.





    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: $916,221
  • Program Service Revenue: $156,315
  • Gross Receipts: $2,920,513

    • Assets and Liabilities:
  • Total Assets: $7,497,037
  • Total Liabilities: $746,899
  • Net Assets: $6,750,138
  • Programs

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

    UNUSED SCHOLARSHIPS

    Revenue

    $156,315

    Organization Details

    Founding Year

    1965

    Principal Officer

    Lori Arce-Torres

    Main Address

    PO BOX 622, NEWPORT, OR, 973650622

    NTEE Category

    Code: T31Z - Philanthropy

    If you are a representative of Lincoln County 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.