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Verland Endowment

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

EIN: 251440467 ✦ Sewickley, PA ✦ Designated as a 501(c)(3)

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Overview

What is Verland Endowment?

Verland Endowment is a charitable organization based in Sewickley, Pennsylvania. Its primary role involves raising funds, maintaining, and investing in an endowment for the benefit of the Verland System. This endowment serves as a financial resource, enabling the organization to make capital contributions, grants, and loans to support facility maintenance within the Verland System. The endowment's purpose is to contribute to the overall financial stability and improvement of the facilities within the system.


Official website here: www.verland.org

Is Verland Endowment legitimate?

Verland Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Verland Endowment 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


Official website here: www.verland.org

What is the mission statement of Verland Endowment?

The Verland Endowment supports the Verland System by managing an endowment fund for capital contributions, grants, and loans. This fund is utilized primarily for facility maintenance purposes, aiming to enhance the financial system of the Verland System's members. By soliciting, maintaining, and investing this endowment, the Verland Endowment aims to contribute to the upkeep and maintenance of facilities within the system.


Official website here: www.verland.org

Who is the CEO of Verland Endowment?

William F Harriger is the President & Ceo of Verland Endowment. The CEO's salary of Verland Endowment is $0 and their total compensation is $121,124.


Official website here: www.verland.org

What is the revenue of Verland Endowment?

Verland Endowment's revenue in 2022 was $723,074.


Official website here: www.verland.org

Who are the executives of Verland Endowment and what are their salaries?

There 9 volunteers at Verland Endowment.


Here are 13 key members and their salaries (Verland Endowment's CEO's salary is $0 and their total compensation is $121,124):


William F Harriger (President & Ceo)
  • Compensation: $0
  • Related: $233,654
  • Other: $41,919
Carol B Mitchell (Deputy Ceo)
  • Compensation: $0
  • Related: $117,620
  • Other: $3,504
Daniel O'Malley (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
David P Duessel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul B Long (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Huber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon M Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Pietrusinski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Bilodeau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Devlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Gaertner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Helon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Bogats (Cfo)
  • Compensation: $0
  • Related: $138,503
  • Other: $35,549


Official website here: www.verland.org

Where can I find the form 990 for Verland Endowment?

Verland Endowment's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.verland.org

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

Mission Statement of Verland Endowment

The Verland Endowment, as a supporting organization, plays a crucial role in upholding the financial wellbeing of the Verland System. Their mission is to cultivate and manage an endowment fund, which is a collection of funds from various sources. This fund is utilized to make capital contributions, grants, and loans, primarily for the purpose of maintaining and enhancing the facilities within the Verland System. By providing financial support in this manner, the Verland Endowment aids in ensuring the overall financial stability of the system, thereby contributing to its continued success.

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Impact




October, 2024

The Verland Endowment significantly enhances the Verland System's ability to maintain and improve its facilities, ensuring a high standard of care and support for its members. By soliciting, maintaining, and investing its endowment fund, it generates the necessary resources to make capital contributions, grants, and loans that directly impact facility maintenance and operations. This proactive financial strategy not only addresses immediate needs but also fosters long-term stability and sustainability for the services provided to the community in Sewickley, PA. Through its dedicated efforts, the Verland Endowment plays a crucial role in strengthening the overall financial system, thereby ensuring that the needs of its members are met effectively and efficiently.




This information is meant to be a general summary of Verland Endowment. 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
$723,074 (2022)
Expenses
$658,159 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $699,216
  • Gross Receipts: $723,074

Assets and Liabilities:

  • Total Assets: $14,633,834
  • Total Liabilities: $0
  • Net Assets: $14,633,834

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Organization Details

Founding Year

1978

Principal Officer

William F Harriger

Main Address

212 IRIS ROAD, SEWICKLEY, PA, 15143

NTEE Category

Code: T99Z - Philanthropy

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