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Kovar Corporation

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

EIN: 237337216 ✦ Roanoke, VA ✦ Designated as a 501(c)(3)

Overview

What is Kovar Corporation?

Kovar Corporation is a nonprofit organization situated in Roanoke, Virginia, with a postal address at PO Box 20872. Their primary mission is to extend financial aid in the form of grants and loans to charitable organizations within Virginia. These organizations specialize in providing training and assistance to individuals with intellectual disabilities. By offering this support, Kovar Corporation aims to empower and improve the lives of these citizens, thereby contributing positively to the community.


Official website here: www.kovarva.org

Is Kovar Corporation legitimate?

Kovar Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kovar 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $10,524
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.kovarva.org

What is the mission statement of Kovar Corporation?

Kovar Corporation's mission is centered around providing financial aid in the form of grants and loans to charitable organizations. These organizations, in turn, offer training and assistance to individuals with intellectual disabilities residing in Virginia. By doing so, Kovar Corporation aims to empower these organizations to effectively cater to the needs of these individuals, thereby enhancing their quality of life. The corporation's mission is instrumental in fostering growth and development opportunities for individuals with intellectual disabilities, thereby promoting a more inclusive society.


Official website here: www.kovarva.org

Who is the CEO of Kovar Corporation?

Edward S Whitlock Iii is the Member of Kovar Corporation.


Official website here: www.kovarva.org

What is the revenue of Kovar Corporation?

Kovar Corporation's revenue in 2023 was $661,470.


Official website here: www.kovarva.org

Who are the executives of Kovar Corporation and what are their salaries?

Here are 15 key members and their salaries:

    John Cochran (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Francis Holland (Vp - Fundrai) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Wheeler (Vp - Grants) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward S Whitlock Iii (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J Charles Curran (Vp - Audits) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Hoffmeier (Vp - Info Te) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Carducci (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Douglas Blair (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Ripple (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Doyle (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Parry (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy Shea (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vance F Stewart Iii (Vp -- Financ) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Szablak (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Witty (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.kovarva.org

    Where can I find the form 990 for Kovar Corporation?

    The Kovar Corporation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.kovarva.org

    Learn more at the official website: www.kovarva.org

    Mission Statement of Kovar Corporation

    Kovar Corporation, a notable entity, is dedicated to offering financial aid in the form of grants and loans to charitable organizations. The primary objective of these funds is to support organizations that provide training and assistance to individuals with intellectual disabilities within the Commonwealth of Virginia. By providing this financial assistance, Kovar Corporation aims to empower these charitable organizations to effectively carry out their mission, ultimately benefiting the citizens with intellectual disabilities they serve. The corporation's mission is an essential contribution to the community, as it ensures that these individuals have access to the necessary resources and opportunities for growth and development.

    Impact

    This information is meant to be a general summary of Kovar Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Kovar Corporation's impact lies in its commitment to providing financial assistance through grants and loans to charitable organizations that offer training and assistance to citizens with intellectual disabilities in the Commonwealth of Virginia. By supporting these organizations, Kovar Corporation directly contributes to improving the lives and opportunities available to individuals with intellectual disabilities in the region. Ultimately, their efforts help to promote inclusivity, support, and empowerment within the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $29,462
  • Program Service Revenue: $27,526
  • Gross Receipts: $815,685

    • Assets and Liabilities:
  • Total Assets: $2,839,722
  • Total Liabilities: $129,152
  • Net Assets: $2,710,570
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    IMPUTED INTEREST - NOTES RECV

    Revenue

    $27,526

    Organization Details

    Founding Year

    1971

    Principal Officer

    Edward S Whitlock Iii

    Main Address

    PO BOX 20872, ROANOKE, VA, 24018

    NTEE Category

    Code: P82J - Human services

    If you are a representative of Kovar Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.