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Hartsprings Foundation Inc

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

EIN: 043378672 ✦ West springfield, MA ✦ Designated as a 501(c)(3)

Overview

What is Hartsprings Foundation Inc?

Hartsprings Foundation Inc, located in West Springfield, Massachusetts, is a nonprofit organization dedicated to raising funds for Big Brothers Big Sisters organizations. They accomplish this by collecting and selling donated clothing and household items in bulk. During the past year, the foundation distributed a significant amount of funds to various Big Brothers Big Sisters chapters across Massachusetts and Connecticut, including Hampden County, Central Massachusetts/Metrowest, Franklin County, Berkshire County, and Southwestern Connecticut. With a team of 31 employees, Hartsprings Foundation Inc. is committed to supporting these organizations and the vital work they do in local communities.


Official website here: www.hartsprings.org

Is Hartsprings Foundation Inc legitimate?

Hartsprings Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hartsprings 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: $90,375
Professional Fundraising Fees: $0
Other Salaries and Wages: $547,435

For more financial information, click here


Official website here: www.hartsprings.org

What is the mission statement of Hartsprings Foundation Inc?

Hartsprings Foundation Inc's mission is centered around fundraising for Big Brothers Big Sisters organizations. They achieve this by collecting used clothing and household items from the public and selling them in bulk. The primary beneficiaries of these funds are Big Brothers Big Sisters of Hampden County and Nutmeg Big Brothers Big Sisters, both being 501(c)(3) public charities. The foundation has successfully collected and delivered over 100,000 cubic feet of donated items, using the proceeds to distribute funds to various Big Brothers Big Sisters organizations across Massachusetts and Connecticut.


Official website here: www.hartsprings.org

Who is the CEO of Hartsprings Foundation Inc?

Michael P Buckmaster is the Secretary of Hartsprings Foundation Inc.


Official website here: www.hartsprings.org

What is the revenue of Hartsprings Foundation Inc?

Hartsprings Foundation Inc's revenue in 2022 was $1,924,306.


Official website here: www.hartsprings.org

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

The average compensation at Hartsprings Foundation Inc during 2022 was $20,575. There are 31 employees and 6 volunteers at Hartsprings Foundation Inc.

Here are 8 key members and their salaries:

    David Parkinson (Operations Manager)
  • Compensation: $75,342
  • Related: $0
  • Other: $1,685

    • David Beturne (Secretary) [Trustee/Director]
  • Compensation: $14,500
  • Related: $0
  • Other: $0

    • Daniel Morrill (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Oleksak (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louis Scungio (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna Wexler (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael P Buckmaster (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Devine (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hartsprings.org

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

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


    Official website here: www.hartsprings.org

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

    Mission Statement of Hartsprings Foundation Inc

    Hartsprings Foundation Inc is dedicated to raising funds for Big Brothers Big Sisters organizations. To accomplish this, the foundation collects and sells used clothing and household items obtained from the public in bulk. The primary beneficiaries of these funds are Big Brothers Big Sisters of Hampden County and Nutmeg Big Brothers Big Sisters, both being 501(c)(3) public charities. The foundation has successfully delivered over 100,000 cubic feet of donated items to a contracted carrier, resulting in significant financial support to various Big Brothers Big Sisters affiliates across Massachusetts and Connecticut. These funds contribute to the essential services and programs provided by these organizations, ultimately supporting the positive growth and development of children in need of mentorship.

    Impact

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




    Saturday, July 20, 2024

    Hartsprings Foundation Inc has made a significant impact by collecting and delivering over 100,000 cubic feet of donated clothing and household items to its contracted carrier. Through this effort, the foundation was able to distribute $121,346 to various Big Brothers Big Sisters organizations, including those in Massachusetts and Connecticut. The foundation's focus on soliciting and selling items in bulk has enabled them to raise funds primarily for Big Brothers Big Sisters of Hampden County and Nutmeg Big Brothers Big Sisters, contributing to the support and growth of these important organizations.





    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: $219
  • Program Service Revenue: $0
  • Gross Receipts: $1,924,306

    • Assets and Liabilities:
  • Total Assets: $285,963
  • Total Liabilities: $74,402
  • Net Assets: $211,561
  • Organization Details

    Founding Year

    1997

    Principal Officer

    Michael P Buckmaster

    Main Address

    266 COLD SPRING AVENUE, WEST SPRINGFIELD, MA, 01089

    NTEE Category

    Code: T30Z - Philanthropy

    If you are a representative of Hartsprings Foundation Inc 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.