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262 Foundation Inc

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

EIN: 043279990 ✦ Hopkinton, MA ✦ Designated as a 501(c)(3)

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Overview

What is 262 Foundation Inc?

262 Foundation Inc, based in Hopkinton, Massachusetts, is a nonprofit organization with a primary focus on promoting health, recreation, and enhancing the civic image within the Hopkinton and Metrowest community. They aim to achieve this by supporting local community-building programs through strategic investments in various projects and initiatives, with a particular emphasis on health, recreation, and civic image. As per the provided information, they are currently conducting a feasibility study regarding the establishment of a Marathon Hall of Fame in Hopkinton, MA.


Official website here: www.26-2.org

Is 262 Foundation Inc legitimate?

262 Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 262 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.


Heare 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.26-2.org

What is the mission statement of 262 Foundation Inc?

The 262 Foundation Inc, as per its mission statement, is committed to supporting community-building programs in various sectors. It achieves this objective through strategic investments in local projects and programs, with a specific focus on health, recreation, and civic image. The foundation's activities are geared towards promoting a positive image in the community. One of their initiatives includes conducting a feasibility study regarding the establishment of a Marathon Hall of Fame in Hopkinton, MA.


Official website here: www.26-2.org

Who is the CEO of 262 Foundation Inc?

Caitlin Jacques is the President of 262 Foundation Inc. The CEO's salary of 262 Foundation Inc is $0 and their total compensation is $0.


Official website here: www.26-2.org

What is the revenue of 262 Foundation Inc?

262 Foundation Inc's revenue in 2022 was $146,141.


Official website here: www.26-2.org

Who are the executives of 262 Foundation Inc and what are their salaries?


Here are 4 key members and their salaries (262 Foundation Inc's CEO's salary is $0 and their total compensation is $0):


Timothy Kilduff (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caitlyn Jacques (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Whelan (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Neece (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.26-2.org

Where can I find the form 990 for 262 Foundation Inc?

262 Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.26-2.org

Learn more at the official website: www.26-2.org

Mission Statement of 262 Foundation Inc

The 262 Foundation Inc is committed to promoting health, recreation, and enhancing the civic image within the Hopkinton and Metrowest community. Its mission is to support local community-building programs through strategic investment in local projects and initiatives, with a particular focus on health, recreation, and civic improvement. The organization strives to uplift the community by backing initiatives that align with these core areas, thereby contributing to a thriving and vibrant community.

To achieve its mission, the 262 Foundation Inc conducts comprehensive studies, such as a feasibility study for establishing a Marathon Hall of Fame in Hopkinton, MA. By undertaking such studies, the foundation aims to identify and support projects that have the potential to positively impact the community's health, recreation, and civic image. Through its initiatives and strategic investments, the 262 Foundation Inc plays a significant role in fostering a sense of community and improving the overall well-being of its residents.

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Impact




October, 2024

262 Foundation Inc has made a significant impact in the Hopkinton and MetroWest community by enhancing health, recreation, and civic pride. Through its strategic initiatives, the organization promotes a strong community identity and actively supports local projects that foster social connections.

One of the key initiatives is the feasibility study for establishing a Marathon Hall of Fame in Hopkinton, MA, which highlights the town's historic connection to running and the iconic Boston Marathon. This project not only aims to celebrate athletic achievement but also serves as a catalyst for local tourism, economic development, and community engagement.

By investing in social programs and recreational activities, 262 Foundation Inc cultivates a vibrant community atmosphere, encouraging residents to participate in healthful and recreational pursuits. Overall, the foundation plays a vital role in reinforcing the civic image of Hopkinton and creating a healthier, more connected community.




This information is meant to be a general summary of 262 Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$146,141 (2022)
Expenses
$139,420 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $180
  • Gross Receipts: $146,141

Assets and Liabilities:

  • Total Assets: $1,010,538
  • Total Liabilities: $563,123
  • Net Assets: $447,415

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Organization Details

Founding Year

1995

Principal Officer

Caitlin Jacques

Main Address

PO BOX 820, HOPKINTON, MA, 01748

NTEE Category

Code: B99 - Education

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