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Potato Soup Foundation

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

EIN: 203626080 ✦ Bellevue, WA ✦ Designated as a 501(c)(3)

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Overview

What is Potato Soup Foundation?

The Potato Soup Foundation is a nonprofit organization dedicated to offering financial assistance to the employees of Aegis Senior Communities LLC and its associated entities, as well as their dependents. This assistance is subject to approval by the corporation. The foundation's primary purpose is to provide a financial safety net for these eligible individuals during challenging times. The foundation's mission is centered around this financial assistance, aiming to support the well-being of its beneficiaries.

Is Potato Soup Foundation legitimate?

Potato Soup Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Potato Soup Foundation 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 Potato Soup Foundation?

The Potato Soup Foundation's mission is centered around providing financial aid. Specifically, it aims to offer financial assistance to the employees of certain approved businesses and their dependents. This organization serves as a source of financial support for the eligible individuals, contributing to their overall well-being.

Who is the CEO of Potato Soup Foundation?

Dwayne Clark is the President of Potato Soup Foundation.

What is the revenue of Potato Soup Foundation?

Potato Soup Foundation's revenue in 2022 was $121,987.

Who are the executives of Potato Soup Foundation and what are their salaries?


Here are 2 key members and their salaries:


Dwayne Clark (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Chambers (Secretary And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Potato Soup Foundation?

Potato Soup Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Potato Soup Foundation

The Potato Soup Foundation, named for its purposeful title, is dedicated to extending financial aid to a specific group of individuals. This nonprofit organization focuses on providing support to the employees of Aegis Senior Communities, LLC and its affiliated businesses, as well as their dependents, collectively referred to as "eligible persons." The foundation's mission is to offer financial assistance to these individuals in need, aiming to alleviate any financial burdens they may be facing.

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Impact




October, 2024

The Potato Soup Foundation significantly impacts the financial well-being of employees working at Aegis Senior Communities, LLC and its affiliates, as well as their dependents. By offering financial assistance, the foundation helps alleviate economic hardships, enabling eligible individuals to navigate challenging times with greater ease. This support fosters a sense of community and stability among employees, enhancing their overall well-being and allowing them to focus more on their responsibilities and care for residents. The foundation’s mission strengthens the workforce by ensuring that those who dedicate their lives to caring for others have a safety net in place, ultimately benefiting the broader community served by these committed individuals.




This information is meant to be a general summary of Potato Soup 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
$121,987 (2022)
Expenses
$97,405 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $121,987

Assets and Liabilities:

  • Total Assets: $253,870
  • Total Liabilities: $0
  • Net Assets: $253,870

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Organization Details

Principal Officer

Dwayne Clark

Main Address

415 118TH AVE SE, Bellevue, WA, 98005

NTEE Category

Code: P60 - Human services

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