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Penick Village Foundation Inc

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

EIN: 201055492 ✦ Southern pines, NC ✦ Designated as a 501(c)(3)

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Overview

What is Penick Village Foundation Inc?

Penick Village Foundation Inc, located in Southern Pines, North Carolina, serves as a charitable organization with a primary mission to raise and distribute funds in support of Penick Village, Inc. The foundation's role is essential in advancing the organization's goals and vision. By fundraising, the foundation ensures the continuation of Penick Village's noble work, which may include various social services, community programs, or other charitable activities. The foundation's commitment to Penick Village extends its ability to make a positive impact in the community, contributing to the betterment of lives.


Official website here: www.penickvillage.org/penick-village-foundation

Is Penick Village Foundation Inc legitimate?

Penick Village Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Penick Village 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: $0

For more financial information, click here


Official website here: www.penickvillage.org/penick-village-foundation

What is the mission statement of Penick Village Foundation Inc?

The Penick Village Foundation Inc's mission is centered around raising and distributing funds. This endeavor is primarily aimed at supporting the charitable work, mission, and vision of Penick Village Inc. By successfully executing this mission, the foundation contributes to enhancing the impact and reach of the services provided by Penick Village Inc. The funds raised are instrumental in advancing the organization's objectives and ensuring its continued operation and success.


Official website here: www.penickvillage.org/penick-village-foundation

Who is the CEO of Penick Village Foundation Inc?

Alva S Cromartie Iii is the Board Member of Penick Village Foundation Inc. The CEO's salary of Penick Village Foundation Inc is $0 and their total compensation is $74,561.


Official website here: www.penickvillage.org/penick-village-foundation

What is the revenue of Penick Village Foundation Inc?

Penick Village Foundation Inc's revenue in 2022 was $733,887.


Official website here: www.penickvillage.org/penick-village-foundation

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

There 55 volunteers at Penick Village Foundation Inc.


Here are 20 key members and their salaries (Penick Village Foundation Inc's CEO's salary is $0 and their total compensation is $74,561):


Kay Bozarth (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Davis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patty Pottle (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hugh Bingham (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Earp (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susanna Kiluk (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Chandley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Darst (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Dixon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Heisey (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Holderby (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adair Woronoff (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lane West (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Micah Niebauer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynne Healy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Frizzell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alva Cromartie (Ceo)
  • Compensation: $0
  • Related: $64,363
  • Other: $10,198
Terry Kees (Cfo)
  • Compensation: $0
  • Related: $185,621
  • Other: $8,078
Caroline Eddy (Cdo)
  • Compensation: $0
  • Related: $94,244
  • Other: $0
Jeffrey I Hutchins (Former Ceo)
  • Compensation: $0
  • Related: $113,514
  • Other: $2,262


Official website here: www.penickvillage.org/penick-village-foundation

Where can I find the form 990 for Penick Village Foundation Inc?

Penick Village Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.penickvillage.org/penick-village-foundation

Learn more at the official website: www.penickvillage.org/penick-village-foundation

Mission Statement of Penick Village Foundation Inc

Penick Village Foundation Inc is committed to raising and distributing funds to support the charitable endeavors, mission, and vision of Penick Village, Inc. This foundation plays a crucial role in ensuring the continuity and success of the work carried out by Penick Village, Inc., which is dedicated to improving the lives of its beneficiaries. By raising funds, Penick Village Foundation Inc contributes to the sustenance and expansion of the charitable initiatives undertaken by Penick Village, Inc., thereby enabling it to make a greater impact in the lives of those it serves.

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Impact




October, 2024

Penick Village Foundation Inc significantly impacts its community by raising and distributing funds to support the vital work of Penick Village, Inc. Situated in Southern Pines, North Carolina, the foundation plays a crucial role in ensuring that residents have access to essential services and resources that enhance their quality of life. Through its fundraising efforts, the organization helps sustain housing initiatives and charitable programs that align with the mission and vision of Penick Village. This commitment not only fosters a supportive environment for individuals in need but also strengthens the overall welfare of the Southern Pines community, promoting a greater sense of security and belonging among its residents.




This information is meant to be a general summary of Penick Village 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
$733,887 (2022)
Expenses
$713,449 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $103,615
  • Gross Receipts: $790,086

Assets and Liabilities:

  • Total Assets: $1,996,780
  • Total Liabilities: $310,935
  • Net Assets: $1,685,845

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Organization Details

Founding Year

2003

Principal Officer

Alva S Cromartie Iii

Main Address

500 EAST RHODE ISLAND AVENUE, SOUTHERN PINES, NC, 28387

NTEE Category

Code: L112 - Housing

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