Overview
What is Cas Foundation Inc?
The Cas Foundation Inc, based in Connecticut, is a nonprofit organization dedicated to supporting secondary schools. They accomplish this mission by managing and reinvesting funds received as donations, contributions, or grants from the Connecticut Schools Corporation and its subsidiaries. Their primary role is to ensure these funds are utilized effectively in secondary education, thereby contributing to the overall development of these schools.
Is Cas Foundation Inc legitimate?
Cas Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cas 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: $190,634
For more financial information, click here
What is the mission statement of Cas Foundation Inc?
The Cas Foundation, in its mission, supports secondary schools by managing and utilizing funds received through contributions, donations, and grants. It holds, invests, and reinvested these funds on behalf of the Connecticut Schools Corporation and its subsidiaries, aiming to enhance the educational experience for secondary school students. The foundation's role is primarily focused on financially supporting these educational institutions.
Who is the CEO of Cas Foundation Inc?
Glenn Lungarini is the Executive Dir. of Cas Foundation Inc.
What is the revenue of Cas Foundation Inc?
Cas Foundation Inc's revenue in 2022 was $380,719.
Who are the executives of Cas Foundation Inc and what are their salaries?
There 5 volunteers at Cas Foundation Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $225,702
- Other: $27,592
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Cas Foundation Inc?
Cas Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cas Foundation Inc
The Cas Foundation, a nonprofit organization, is committed to supporting secondary schools. It accomplishes this mission by holding, investing, and reinvesting all funds received as contributions, donations, or grants from the Connecticut Schools Corporation and its subsidiaries. The foundation then administers these funds to benefit secondary educational institutions. By carrying out this role, the Cas Foundation contributes significantly to the development and enhancement of secondary education in its capacity, thereby playing a vital role in fostering the academic growth of future generations.
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Impact
October, 2024
Cas Foundation Inc has a significant impact on secondary education by providing financial stability and resources to schools in Cheshire, CT. By holding, investing, and administering funds received from various contributions, donations, and grants, the foundation ensures that educational institutions have the capital necessary to enhance programs and services. This financial support enables schools to invest in critical areas such as technology, facilities, and extracurricular activities, which ultimately fosters a more enriching educational environment for students. By strengthening the financial capacity of secondary schools, Cas Foundation Inc plays a vital role in enhancing the quality of education and supporting the overall development of the community.
This information is meant to be a general summary of Cas 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $52,970
- Gross Receipts: $380,719
Assets and Liabilities:
- Total Assets: $3,382,328
- Total Liabilities: $41,226
- Net Assets: $3,341,102
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Organization Details
Founding Year
1995
Phone
(203) 250-1111Principal Officer
Glenn Lungarini
Main Address
30 REALTY DRIVE, CHESHIRE, CT, 06410
NTEE Category
Code: B90Z - Education
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