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Holyoke Rotary Foundation Inc

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

EIN: 043530408 ✦ Holyoke, MA ✦ Designated as a 501(c)(3)

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Overview

What is Holyoke Rotary Foundation Inc?

The Holyoke Rotary Foundation is a benevolent organization, headquartered with undisclosed details, that is committed to uplifting the community. They offer financial aid in the form of scholarships to deserving high school graduates, aiming to aid them in their higher education journey. Furthermore, they grant funds to 501(c)(3) organizations that focus on education, family support, peace, and community development. Additionally, the foundation extends its assistance to local needy families and children, providing them with essential aid. Furthermore, the Holyoke Rotary Foundation supports high school students through the Rotary Youth Leadership Program, empowering youth to lead and make a difference.

Is Holyoke Rotary Foundation Inc legitimate?

Holyoke Rotary Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holyoke Rotary Foundation Inc submitted a form 990EZ, 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.

What is the mission statement of Holyoke Rotary Foundation Inc?

The Holyoke Rotary Foundation's mission is centered around providing assistance to deserving high school graduates pursuing higher education through scholarships and supporting 501(c)(3) organizations in various sectors such as education, families, peace, and community development. The foundation also extends its aid to local needy families and children, and it plays a role in the Rotary Youth Leadership Program for high school students. Additionally, the Holyoke Rotary Foundation grants funds to organizations that align with its mission and aims to uplift the community in various ways.

Who is the CEO of Holyoke Rotary Foundation Inc?

Arthur Lobdell is the Vice President of Holyoke Rotary Foundation Inc.

What is the revenue of Holyoke Rotary Foundation Inc?

Holyoke Rotary Foundation Inc's revenue in 2023 was $11,311.

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


Here are 14 key members and their salaries:


Wayne Gass (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cappie Glica (Co-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert B Mckay (Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Woodill (Secretary/Director)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Kerry Parsons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Mccarron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Veins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Erickson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Kagan-Levine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Baran (Co-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Corrigan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Eger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Sheedy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Lobdell (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Holyoke Rotary Foundation Inc?

Holyoke Rotary Foundation Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Holyoke Rotary Foundation Inc

The Holyoke Rotary Foundation, a distinguished organization, is dedicated to providing assistance in various capacities. Its primary mission revolves around offering scholarships to deserving high school graduates to aid them in their pursuit of higher education. Beyond this, the foundation extends its generosity to 501(c)(3) organizations, focusing on sectors such as education, family support, peace, and community development. Furthermore, the foundation demonstrates its commitment to the local community by providing aid to needy families and children.

In addition to these endeavors, the Holyoke Rotary Foundation also supports high school students through the Rotary Youth Leadership Program. This initiative empowers young individuals, fostering leadership skills and personal growth. Furthermore, the foundation extends a helping hand to needy families and children directly, offering them the necessary support during challenging times.

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Impact




August, 2024

The Holyoke Rotary Foundation Inc's impact is significant in supporting the educational pursuits of needy and deserving high school graduates through scholarships. Additionally, the foundation provides grants to 501(c)(3) organizations focusing on education, families, peace, and community development. They also lend a helping hand to local needy families and children, as well as supporting high school students in the Rotary Youth Leadership Program. This diverse range of initiatives showcases the foundation's commitment to making a positive difference in the community, particularly in the areas of education and family welfare.




This information is meant to be a general summary of Holyoke Rotary 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
$11,311 (2023)
Expenses
$35,476 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $966
  • Program Service Revenue: $2,500
  • Gross Receipts: $11,311

Assets and Liabilities:

  • Total Assets: $44,519
  • Total Liabilities: $0
  • Net Assets: $44,519

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Organization Details

Principal Officer

Arthur Lobdell

Main Address

PO Box 1396, Holyoke, MA, 01041

NTEE Category

Code: B82 - Education

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