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The Bair Investment Corporation

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

EIN: 251753367 ✦ New wilmington, PA ✦ Designated as a 501(c)(3)

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Overview

What is The Bair Investment Corporation?

The Bair Investment Corporation serves as a manager for an endowment fund, with the primary objective of supporting and promoting the charitable endeavors of several Bair Foundation branches. These organizations, including the Bair Foundation of Pennsylvania, Texas, Virginia, and Georgia, are all exempt and provide therapeutic foster care services to children in need. The corporation's role is to ensure the fund's growth and allocation towards furthering these organizations' exempt purposes, thereby contributing to the well-being of vulnerable children.


Official website here: www.bair.org

Is The Bair Investment Corporation legitimate?

The Bair Investment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bair Investment 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

For more financial information, click here


Official website here: www.bair.org

What is the mission statement of The Bair Investment Corporation?

The Bair Investment Corporation manages an endowment fund with the primary objective of advancing and supporting the exempt purposes of the Bair Foundation and its affiliated organizations. These organizations provide therapeutic foster care services to children in need. The corporation's mission is to utilize this endowment fund to promote and enhance the work of these organizations, thereby contributing to the well-being of vulnerable children. The Bair Investment Corporation's activities are centered around providing financial support to these organizations, thereby enabling them to continue providing essential therapeutic foster care services.


Official website here: www.bair.org

Who is the CEO of The Bair Investment Corporation?

Susan J Miklos is the Board Member of The Bair Investment Corporation.


Official website here: www.bair.org

What is the revenue of The Bair Investment Corporation?

The Bair Investment Corporation's revenue in 2022 was $2,660,249.


Official website here: www.bair.org

Who are the executives of The Bair Investment Corporation and what are their salaries?

There 6 volunteers at The Bair Investment Corporation.


Here are 8 key members and their salaries:


Jeffrey Carmichael (Board Member)
  • Compensation: $0
  • Related: $1,450
  • Other: $0
Sanford Kulkin (Board Member)
  • Compensation: $0
  • Related: $40,000
  • Other: $0
Bradley Smith (Board Member)
  • Compensation: $0
  • Related: $1,000
  • Other: $0
Hasheen Wilson (Board Member)
  • Compensation: $0
  • Related: $500
  • Other: $0
James Sebastian (Chairman)
  • Compensation: $0
  • Related: $1,000
  • Other: $0
Kimberly Thomas (Secretary/Treasurer)
  • Compensation: $0
  • Related: $1,500
  • Other: $0
Susan J Miklos (Executive Director Of Mgmt)
  • Compensation: $0
  • Related: $290,742
  • Other: $32,037
Donna Egbert (Chief Financial Officer)
  • Compensation: $0
  • Related: $122,834
  • Other: $26,711


Official website here: www.bair.org

Where can I find the form 990 for The Bair Investment Corporation?

The Bair Investment Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bair.org

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

Mission Statement of The Bair Investment Corporation

The Bair Investment Corporation is dedicated to managing an endowment fund with the primary objective of advancing and promoting the exempt purposes of the Bair Foundation and its affiliated organizations. These organizations specialize in providing therapeutic foster care services to children in need. By managing this fund, The Bair Investment Corporation plays a crucial role in supporting the mission of these organizations, thereby contributing to the well-being and care of vulnerable children. The Corporation's role is to ensure the sustainability and growth of these organizations, thereby enabling them to continue their vital work in providing therapeutic foster care services.

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Impact




October, 2024

The Bair Investment Corporation plays a crucial role in supporting the welfare of children through its management of an endowment fund. This financial resource is instrumental in advancing and promoting the missions of the Bair Foundation and its affiliated organizations across various states, including Pennsylvania, Texas, Virginia, and Georgia. By ensuring a stable funding source, The Bair Investment Corporation enhances the capacity of these organizations to deliver therapeutic foster care services, which are vital for children in need.

Through effective financial stewardship, The Bair Investment Corporation not only secures resources for immediate services but also contributes to the long-term sustainability of initiatives aimed at improving the lives of vulnerable youth. Its impact extends beyond financial support, fostering a network of organizations dedicated to nurturing and safeguarding the well-being of children. Ultimately, the corporation’s efforts are essential in creating a stable environment where children can thrive and receive the care they deserve.




This information is meant to be a general summary of The Bair Investment 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.

Revenue
$2,660,249 (2022)
Expenses
$84,486 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,660,249
  • Gross Receipts: $8,174,444

Assets and Liabilities:

  • Total Assets: $16,038,729
  • Total Liabilities: $10,274
  • Net Assets: $16,028,455

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Organization Details

Founding Year

1994

Principal Officer

Susan J Miklos

Main Address

241 HIGH STREET, NEW WILMINGTON, PA, 16142

NTEE Category

Code: T22 - Philanthropy

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