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St Nicholas Endowment Foundation Inc

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

EIN: 203757062 ✦ Portsmouth, NH ✦ Designated as a 501(c)(3)

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Overview

What is St Nicholas Endowment Foundation Inc?

St. Nicholas Endowment Foundation Inc is a nonprofit organization with the primary objective of ensuring the financial stability of St. Nicholas Greek Orthodox Church in Portsmouth, New Hampshire. They have achieved this by funding various projects, such as the purchase of a new gas fire boiler for the church's heating system, a new walk-in freezer, and contributing towards the construction costs of an elevator. Furthermore, they have aided in renovations of the church hall. The endowment foundation's mission is to establish and maintain a fund that will secure the church's future, ensuring its continued presence and service to the community.

Is St Nicholas Endowment Foundation Inc legitimate?

St Nicholas Endowment Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Nicholas Endowment 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

What is the mission statement of St Nicholas Endowment Foundation Inc?

The St. Nicholas Endowment Foundation Inc's mission is centered around establishing an endowment fund to strengthen the financial stability of a Greek Orthodox church. The foundation has supported various church-related projects, such as funding a new gas fire boiler for the heating system, a walk-in freezer, and contributing towards construction costs of an elevator. Additionally, the foundation has also contributed to renovations of the church hall. The primary objective of the St. Nicholas Endowment Foundation Inc is to ensure the financial security of the church, thereby contributing to its long-term sustainability.

Who is the CEO of St Nicholas Endowment Foundation Inc?

Richard Rizza is the Board Member of St Nicholas Endowment Foundation Inc.

What is the revenue of St Nicholas Endowment Foundation Inc?

St Nicholas Endowment Foundation Inc's revenue in 2022 was $37,128.

Who are the executives of St Nicholas Endowment Foundation Inc and what are their salaries?

There 6 volunteers at St Nicholas Endowment Foundation Inc.


Here are 4 key members and their salaries:


Stephen Galbadis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Walker (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leon Nicholas (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Rizza (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for St Nicholas Endowment Foundation Inc?

St Nicholas Endowment Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of St Nicholas Endowment Foundation Inc

St. Nicholas Endowment Foundation Inc is a nonprofit organization with a mission to secure the financial future of the St. Nicholas Greek Orthodox Church in Portsmouth, New Hampshire. In line with this objective, the foundation has contributed towards various projects, including the purchase of a new gas fire boiler for the church's heating system, the acquisition of a new walk-in freezer, and donations towards the construction costs of an elevator. Furthermore, the foundation has also supported the renovation of the church hall. The primary goal of St. Nicholas Endowment Foundation Inc is to establish an endowment fund that will ensure the long-term financial stability of the St. Nicholas Greek Orthodox Church.

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Impact




October, 2024

St. Nicholas Endowment Foundation Inc has made a significant impact on the St. Nicholas Greek Orthodox Church in Portsmouth, NH, by ensuring its long-term financial stability. The foundation's efforts have led to the establishment of an endowment fund that supports various essential projects for the church.

One notable accomplishment is the funding for a new gas fire boiler, which enhances the church's heating system, ensuring a comfortable environment for services and community gatherings. Additionally, the foundation contributed to the acquisition of a new walk-in freezer, which supports the church's kitchen operations and enhances its ability to host events.

The foundation has also played a crucial role in supporting facility improvements, including donating toward the construction costs of an elevator, making the church more accessible to all members of the community. Moreover, the funding for hall renovations has revitalized the church's communal spaces, fostering a welcoming atmosphere for worship and social activities.

Through its financial contributions and strategic initiatives, the St. Nicholas Endowment Foundation Inc not only bolsters the church's infrastructure but also strengthens its role as a hub of community and faith in Portsmouth.




This information is meant to be a general summary of St Nicholas Endowment 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
$37,128 (2022)
Expenses
$81,854 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $29,641
  • Gross Receipts: $37,128

Assets and Liabilities:

  • Total Assets: $520,539
  • Total Liabilities: $0
  • Net Assets: $520,539

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Organization Details

Founding Year

2005

Principal Officer

Richard Rizza

Main Address

40 Andrew Jarvis Drive, Portsmouth, NH, 03801

NTEE Category

Code: X112 - Religion related

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