Overview
What is Gfoa Endowment Corporation?
The Gfoa Endowment Corporation, situated in Chicago, Illinois, serves as a supporting organization under Section 509(a)(3) of the Internal Revenue Code. Its primary function is to benefit, perform tasks for, or carry out the purpose of the Government Finance Officers Association (GFOA). The corporation operates with this objective to advance the cause and objectives of GFOA, furthering its mission and activities.
Is Gfoa Endowment Corporation legitimate?
Gfoa Endowment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gfoa Endowment Corporation 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
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What is the mission statement of Gfoa Endowment Corporation?
The Gfoa Endowment Corporation serves as a supporting organization, following the guidelines under Section 509(a)(3) of the Internal Revenue Code. Its primary function is to benefit, perform the duties, or carry out the purpose of the Government Finance Officers Association. This corporation operates with the aim of supporting the work and objectives of the Government Finance Officers Association.
Who is the CEO of Gfoa Endowment Corporation?
Christopher P Morrill is the President of Gfoa Endowment Corporation. The CEO's salary of Gfoa Endowment Corporation is $0 and their total compensation is $454,078.
What is the revenue of Gfoa Endowment Corporation?
Gfoa Endowment Corporation's revenue in 2022 was $530,527.
Who are the executives of Gfoa Endowment Corporation and what are their salaries?
There 17 volunteers at Gfoa Endowment Corporation.
Here are 26 key members and their salaries (Gfoa Endowment Corporation's CEO's salary is $0 and their total compensation is $454,078):
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- Other: $39,272
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Where can I find the form 990 for Gfoa Endowment Corporation?
Gfoa Endowment Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Gfoa Endowment Corporation
The Gfoa Endowment Corporation serves as a supporting organization, adhering to Section 509(a)(3) of the Internal Revenue Code. Its primary function is to advance the objectives and carry out the purpose of the Government Finance Officers Association (GFOA). This corporation operates exclusively for the benefit of the GFOA, performing tasks and fulfilling roles that align with its parent organization's mission. The Gfoa Endowment Corporation plays a crucial role in supporting the GFOA's activities, ultimately contributing to its overall growth and success.
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Impact
October, 2024
The Gfoa Endowment Corporation significantly enhances the effectiveness of the Government Finance Officers Association (GFOA) by providing crucial financial support and resources. By operating as a supporting organization under Section 509(a)(3) of the Internal Revenue Code, it focuses exclusively on advancing the mission of the GFOA.
Through its activities, the corporation fosters the development and dissemination of knowledge in government finance, which ultimately benefits public agencies across the country. Its impact can be seen in improved financial practices, enhanced transparency, and the promotion of ethical standards in public finance management. By investing in research, education, and training programs, the Gfoa Endowment Corporation strengthens the capacities of government finance professionals, ensuring they are well-equipped to manage public funds effectively and responsibly. This commitment to public benefit not only uplifts individual professionals but also contributes to the overall fiscal health of communities served by these professionals.
This information is meant to be a general summary of Gfoa Endowment Corporation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $530,527
- Gross Receipts: $530,527
Assets and Liabilities:
- Total Assets: $33,873,362
- Total Liabilities: $28,633
- Net Assets: $33,844,729
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Organization Details
Founding Year
1971
Phone
(312) 977-9700Principal Officer
Christopher P Morrill
Main Address
203 N LaSalle St Suite 2700, Chicago, IL, 606011216
NTEE Category
Code: W22 - Public benefit
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