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Rio Rancho Community Foundation Inc

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

EIN: 261266139 ✦ Rio rancho, NM ✦ Designated as a 501(c)(3)

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Overview

What is Rio Rancho Community Foundation Inc?

The Rio Rancho Community Foundation serves as a bridge between individuals, non-profit organizations, and resources in Sandoval County. Their primary function is to promote philanthropy, collaborating with non-profits and benefactors to generate funds for various organizations. The foundation's initiatives are particularly geared towards assisting youth and families in crisis, offering financial aid through grant programs. By connecting various resources, the Rio Rancho Community Foundation plays a vital role in supporting the well-being of its community.

Is Rio Rancho Community Foundation Inc legitimate?

Rio Rancho Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rio Rancho Community Foundation Inc submitted a form 990EZ, 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.

What is the mission statement of Rio Rancho Community Foundation Inc?

The Rio Rancho Community Foundation, in its mission, bridges the gap between individuals, non-profit organizations, and resources in the philanthropic sphere. It collaborates closely with non-profits and philanthropists to amass funds for organizations that cater to the needs of youth and families within their locality. The foundation's primary activity is extending financial aid through grants to these organizations. Its goal is to contribute positively to the well-being of the community by supporting initiatives that foster growth and development for the less fortunate.

Who is the CEO of Rio Rancho Community Foundation Inc?

Gerald Schalow is the Executive Director of Rio Rancho Community Foundation Inc.

What is the revenue of Rio Rancho Community Foundation Inc?

Rio Rancho Community Foundation Inc's revenue in 2022 was $113,318.

Who are the executives of Rio Rancho Community Foundation Inc and what are their salaries?


Here are 7 key members and their salaries:


Gerald Schalow (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carey Plant (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Stanage (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Strebe (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Kemper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Garcia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Rio Rancho Community Foundation Inc?

Rio Rancho Community Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Rio Rancho Community Foundation Inc

The Rio Rancho Community Foundation, a philanthropic organization, plays a crucial role in connecting individuals, non-profits, and resources in Sandoval County. Its mission is to serve as a bridge between these entities, with a primary focus on supporting non-profits that benefit youth and families in need within the region. The foundation accomplishes this by collaborating with non-profits and philanthropists to raise funds for these organizations. By doing so, the Rio Rancho Community Foundation contributes to the betterment of the community, particularly by addressing the needs of youth and families who are less fortunate.

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Impact




October, 2024

The Rio Rancho Community Foundation Inc significantly impacts Sandoval County by fostering collaboration among individuals, non-profits, and resources through philanthropy. By acting as a bridge between philanthropists and community organizations, the Foundation successfully raises funds and supports initiatives that address the pressing needs of youth and families within the region.

Through their grant programs, the Foundation directly aids non-profits that focus on improving the lives of those in need, promoting positive changes in the community. Their efforts not only empower local organizations but also enhance resources available for vulnerable populations, ensuring that essential services and support reach those who require them the most. Overall, the Rio Rancho Community Foundation plays a pivotal role in strengthening community ties and elevating the well-being of families and youth in Sandoval County.




This information is meant to be a general summary of Rio Rancho Community Foundation Inc. 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
$113,318 (2022)
Expenses
$116,893 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $13
  • Program Service Revenue: $1,251
  • Gross Receipts: $124,981

Assets and Liabilities:

  • Total Assets: $158,971
  • Total Liabilities: $0
  • Net Assets: $158,971

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Organization Details

Principal Officer

Gerald Schalow

Main Address

4201 Crestview SE, Rio Rancho, NM, 87124

NTEE Category

Code: T31 - Philanthropy

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