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Dr Willard E And Ella N Romberg Supporting Foundation

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

EIN: 204245696 ✦ New ulm, MN ✦ Designated as a 501(c)(3)

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Overview

What is Dr Willard E And Ella N Romberg Supporting Foundation?

Dr. Willard E. and Ella N. Romberg Supporting Foundation is a charitable organization, headquartered in New Ulm, Minnesota. Their primary purpose is to manage and utilize their trust property to support tax-exempt organizations. This means that they provide financial aid and resources to various nonprofits, contributing to their missions and causes. By doing so, the Romberg Foundation plays a crucial role in furthering the work of these organizations and making a positive impact in various sectors.

Is Dr Willard E And Ella N Romberg Supporting Foundation legitimate?

Dr Willard E And Ella N Romberg Supporting Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dr Willard E And Ella N Romberg Supporting 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

For more financial information, click here

What is the mission statement of Dr Willard E And Ella N Romberg Supporting Foundation?

The Dr. Willard E. and Ella N. Romberg Supporting Foundation's mission is centered around managing and utilizing its trust property for the advantage of tax-exempt organizations. This foundation acts as a benefactor, contributing to the causes and initiatives of these tax-exempt organizations. The specific activities or programs supported by the foundation are not explicitly stated in the provided information, but it is clear that their mission is to contribute to the charitable work of these organizations.

What is the revenue of Dr Willard E And Ella N Romberg Supporting Foundation?

Dr Willard E And Ella N Romberg Supporting Foundation's revenue in 2023 was $138,906.

Who are the executives of Dr Willard E And Ella N Romberg Supporting Foundation and what are their salaries?

There 13 volunteers at Dr Willard E And Ella N Romberg Supporting Foundation.

Here are 14 key members and their salaries:


Rev Michael A Woldt (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Joe E Archer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Geoffrey A Kieta (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Paul H Kelm (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Timothy Luetzow (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Thomas M Klaudt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Peter M Prange (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Joel T Lauber (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Michael S Valleau (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Andrew W Van Weele (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr David J Uhlhorn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Michael A Lindemann (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Todd S Marten (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Scott D Schmudlach (Assistant Secretary)
  • Compensation: $0
  • Related: $74,029
  • Other: $18,902
Where can I find the form 990 for Dr Willard E And Ella N Romberg Supporting Foundation?

Dr Willard E And Ella N Romberg Supporting Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Dr Willard E And Ella N Romberg Supporting Foundation

The Dr. Willard E. and Ella N. Romberg Supporting Foundation is a charitable organization with a mission to manage and distribute its trust property for the benefit of tax-exempt organizations. In simpler terms, this foundation serves as a financial resource for other nonprofit organizations, providing them with the necessary funds to carry out their charitable activities. By doing so, the Dr. Willard E. and Ella N. Romberg Supporting Foundation plays a crucial role in supporting various causes and contributing to the betterment of communities. The foundation's primary objective is to make a difference in the lives of people by utilizing its resources to bolster the efforts of other charitable organizations.

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Impact




October, 2024

The Dr. Willard E And Ella N Romberg Supporting Foundation plays a crucial role in supporting tax-exempt organizations by holding and administering trust property dedicated to their benefit. Based in New Ulm, Minnesota, the foundation focuses on providing financial resources and stability to organizations that align with its mission, particularly those related to religious activities. Through its stewardship of trust assets, the foundation enables various organizations to thrive, enhancing their ability to serve the community and fulfill their missions. This impact is especially significant in fostering initiatives that align with values of faith and service.




This information is meant to be a general summary of Dr Willard E And Ella N Romberg Supporting 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
$138,906 (2023)
Expenses
$232,345 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $136,295
  • Gross Receipts: $341,757

Assets and Liabilities:

  • Total Assets: $3,973,141
  • Total Liabilities: $198,593
  • Net Assets: $3,774,548

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Organization Details

Founding Year

2006

Principal Officer

Rev Michael A Woldt

NTEE Category

Code: X122 - Religion related

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