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Oakland Franklin Lakes Rotary Club Foundation Inc

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

EIN: 203267879 ✦ Oakland, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Oakland Franklin Lakes Rotary Club Foundation Inc?

Oakland Franklin Lakes Rotary Club Foundation Inc is a nonprofit organization dedicated to promoting charitable activities within the community. It aims to collect contributions in various forms, including services, money, and property, and uses these resources to support charitable causes that it deems beneficial for the community. The foundation provides grants to various charitable organizations, contributing to their initiatives and missions. Its ultimate goal is to contribute positively to the community's well-being and betterment.

Is Oakland Franklin Lakes Rotary Club Foundation Inc legitimate?

Oakland Franklin Lakes Rotary Club Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oakland Franklin Lakes Rotary Club 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 Oakland Franklin Lakes Rotary Club Foundation Inc?

The Oakland Franklin Lakes Rotary Club Foundation Inc's mission is centered around encouraging, acquiring, and utilizing various forms of contributions for charitable purposes. This includes soliciting and accepting services, money, and property, both restricted and unrestricted. The foundation's primary objective is to apply these resources in a manner that benefits the general community, with a focus on providing grants to support charitable organizations and causes.

Who is the CEO of Oakland Franklin Lakes Rotary Club Foundation Inc?

Alan Margreither is the President of Oakland Franklin Lakes Rotary Club Foundation Inc.

What is the revenue of Oakland Franklin Lakes Rotary Club Foundation Inc?

Oakland Franklin Lakes Rotary Club Foundation Inc's revenue in 2023 was $13,115.

Who are the executives of Oakland Franklin Lakes Rotary Club Foundation Inc and what are their salaries?


Here are 2 key members and their salaries:


Alan Margreither (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Russo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Oakland Franklin Lakes Rotary Club Foundation Inc?

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

Mission Statement of Oakland Franklin Lakes Rotary Club Foundation Inc

The Oakland Franklin Lakes Rotary Club Foundation Inc is a charitable organization with a mission to contribute to the betterment of its community. They aim to collect and utilize resources, such as services, money, and properties, in various forms, for charitable purposes that they deem beneficial to the general public. The foundation focuses on providing grants to support various charitable organizations and causes, contributing to a wide range of charitable activities. This nonprofit entity is dedicated to making a positive impact on its community by utilizing its financial resources and encouraging contributions from others.

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Impact




August, 2024

The impact of the Oakland Franklin Lakes Rotary Club Foundation Inc is evident in its dedication to supporting charitable organizations and causes that contribute to the improvement of the community. Through grants and contributions of services and resources, the foundation actively works towards enhancing the well-being of the general community. By encouraging and accepting donations, both financial and in-kind, the foundation demonstrates a commitment to fostering positive change and making a difference in the lives of those in need.




This information is meant to be a general summary of Oakland Franklin Lakes Rotary Club 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
$13,115 (2023)
Expenses
$24,267 (2023)
Efficiency

Other financial information:

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

  • Gross Receipts: $25,242

Assets and Liabilities:

  • Total Assets: $6,333
  • Total Liabilities: $0
  • Net Assets: $6,333

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Organization Details

Principal Officer

Alan Margreither

Main Address

PO BOX 42, OAKLAND, NJ, 07436

NTEE Category

Code: S80 - Community improvement

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