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Nemra Education Foundation

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

EIN: 133523027 ✦ Carmel, IN ✦ Designated as a 501(c)(3)

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Overview

What is Nemra Education Foundation?

The Nemra Education Foundation, located at 1905 South New Market Street, Carmel, Indiana 46032, is a nonprofit organization that focuses on providing professional development programs, continuing educational opportunities, and fostering relationships between manufacturers' representatives. Its primary mission is to recognize and reward the academic excellence of the children of its members and their employees. The foundation offers a range of initiatives to achieve these goals.


Official website here: www.nemra.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Star rating)

The Nemra Education Foundation has received a commendable Four-Star rating from Charity Navigator, indicating strong accountability and financial health. Their overall score is based solely on their accountability and finance metrics, reflecting a focus on responsible management of resources. With a score of 94% in this category, the organization demonstrates a commitment to transparency and effective governance.

Key strengths include a fully independent board, with 80% of its members being independent, ensuring unbiased decision-making. The foundation also adheres to best practices in transparency, evidenced by policies related to conflicts of interest, whistleblower protections, and documented board meeting minutes. Their strong financial health is further indicated by a liabilities to assets ratio of 0.00%, showcasing sound financial management.

While the program expense ratio of 67.77% is solid, it does suggest that there is room for improvement in terms of how funds are directed toward direct program services versus administrative costs. Overall, the Nemra Education Foundation stands out as a well-managed nonprofit committed to its mission while maintaining high standards of accountability.


This AI summary has been generated from information found on Charity Navigator.

Is Nemra Education Foundation legitimate?

Nemra Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nemra Education 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.


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.nemra.org

What is the mission statement of Nemra Education Foundation?

The Nemra Education Foundation's primary mission is centered around recognizing and rewarding the academic achievements of the children of its members and their employees. This organization is committed to this objective, aiming to foster a sense of accomplishment and encourage academic excellence within this specific community. In addition to its main mission, the foundation also offers opportunities for professional development and continuing education, as well as guidance in building relationships between manufacturers' representatives.


Official website here: www.nemra.org

Who is the CEO of Nemra Education Foundation?

James Johnson is the Chairman of Nemra Education Foundation.


Official website here: www.nemra.org

What is the revenue of Nemra Education Foundation?

Nemra Education Foundation's revenue in 2023 was $26,077.


Official website here: www.nemra.org

Who are the executives of Nemra Education Foundation and what are their salaries?


Here are 5 key members and their salaries:


Corey Collins (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Mcauliffe (Chairman Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Johnson (Secretary/President)
  • Compensation: $0
  • Related: $422,637
  • Other: $15,255
Tim Klei (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Bates (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nemra.org

Where can I find the form 990 for Nemra Education Foundation?

Nemra Education Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.nemra.org

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

Mission Statement of Nemra Education Foundation

The Nemra Education Foundation, a distinguished organization, is primarily dedicated to recognizing and celebrating the academic achievements of the children and dependents of its members and their employees. Its primary mission involves honoring the exceptional academic prowess displayed by these individuals, demonstrating a commitment to nurturing and inspiring intellectual growth within the community it serves. In addition to its core mission, the Nemra Education Foundation also offers professional development programs, continuing educational opportunities, and resources for fostering relationships between manufacturers' representatives. These initiatives aim to empower and equip individuals within the organization, contributing to their personal and professional growth.

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Impact




August, 2024

Nemra Education Foundation's impact can be seen in the opportunities it provides for the academic achievement of the children of Nemra members and their employees. By offering rewards for academic excellence, professional development programs, and continuing educational opportunities, the foundation is actively supporting the growth and development of individuals within the Nemra community. Additionally, the foundation's focus on building relationships between manufacturers representatives fosters a stronger network within the industry. Overall, Nemra Education Foundation's efforts contribute to the educational advancement and professional success of its members and their families.




This information is meant to be a general summary of Nemra Education Foundation. 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
$26,077 (2023)
Expenses
$33,076 (2023)
Efficiency

Other financial information:

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

  • Investment Income: -$32,838
  • Gross Receipts: $533,735

Assets and Liabilities:

  • Total Assets: $542,171
  • Total Liabilities: $0
  • Net Assets: $542,171

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Organization Details

Founding Year

1989

Principal Officer

James Johnson

Main Address

1905 SOUTH NEW MARKET STREET 257, CARMEL, IN, 46032

NTEE Category

Code: B80Z - Education

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