Overview
What is Somerset Collection Charitable Foundation?
The Somerset Collection Charitable Foundation is a nonprofit organization situated in Troy, Michigan. Its primary mission is to raise funds and distribute the net proceeds to various tax-exempt organizations. During 2022, they contributed a total of 224,331 dollars to 35 such organizations, with individual contributions ranging from 250 to 65,380 dollars. The foundation undertakes numerous activities to raise funds, primarily in the state of Michigan, to support these tax-exempt organizations.
Is Somerset Collection Charitable Foundation legitimate?
Somerset Collection Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Somerset Collection Charitable 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
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What is the mission statement of Somerset Collection Charitable Foundation?
The Somerset Collection Charitable Foundation's mission involves undertaking various fundraising activities with the goal of distributing the net proceeds to various tax-exempt organizations, primarily within Michigan. The organization's primary purpose is to raise money and distribute it to numerous tax-exempt organizations. In 2022, the foundation contributed a total of 224,331 dollars to 35 different tax-exempt organizations, with the contributions ranging from 250 to 65,380 dollars. The Somerset Collection Charitable Foundation serves to support other tax-exempt organizations by providing them with financial assistance.
Who is the CEO of Somerset Collection Charitable Foundation?
Linda Mcintosh is the President of Somerset Collection Charitable Foundation.
What is the revenue of Somerset Collection Charitable Foundation?
Somerset Collection Charitable Foundation's revenue in 2022 was $337,320.
Who are the executives of Somerset Collection Charitable Foundation and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Somerset Collection Charitable Foundation?
Somerset Collection Charitable Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Somerset Collection Charitable Foundation
The Somerset Collection Charitable Foundation is committed to undertaking various activities with the primary objective of raising funds. This nonprofit organization aims to distribute the net proceeds from these fundraising efforts primarily to tax-exempt organizations within Michigan. In 2022, the foundation contributed a total of 224,331 dollars to 35 different tax-exempt organizations, with the contributions ranging from 250 to 65,380 dollars. The Somerset Collection Charitable Foundation serves as a vital source of financial support for numerous tax-exempt organizations, contributing to their mission and initiatives.
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Impact
October, 2024
The Somerset Collection Charitable Foundation has made a significant impact by raising funds to support various tax-exempt organizations, primarily in Michigan. In 2022 alone, the foundation contributed $224,331 to 35 different organizations, with individual contributions ranging from $250 to $65,380. This vital support enables these organizations to continue their work and serve communities effectively. By undertaking numerous fundraising activities, the foundation not only generates financial assistance but also fosters a spirit of philanthropy that benefits the region as a whole. The collaborative efforts of the foundation and its beneficiaries enhance social welfare, address local needs, and create a ripple effect of positive change within the community.
This information is meant to be a general summary of Somerset Collection Charitable 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $1,643,913
Assets and Liabilities:
- Total Assets: $554,357
- Total Liabilities: $0
- Net Assets: $554,357
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Organization Details
Founding Year
2004
Phone
(248) 643-6360Principal Officer
Linda Mcintosh
Main Address
2800 WEST BIG BEAVER ROAD RM 300, TROY, MI, 48084
NTEE Category
Code: T30 - Philanthropy
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