Overview
What is Watco Charities Inc?
Watco Charities Inc is a nonprofit organization that gathers donations from Watco Manufacturing Company and its employees. These funds are then allocated to various local tax-exempt charities, categorized into three distinct sectors: basic needs, self-sufficiency, and child development. The organization's mission is to support these chosen charities, aiming to address essential necessities, promote self-reliance, and foster the growth and development of children within the community.
Is Watco Charities Inc legitimate?
Watco Charities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Watco Charities 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 Watco Charities Inc?
Watco Charities Inc's mission is centered around collecting donations from Watco Manufacturing Company and its employees. These contributions are then distributed to selected local tax-exempt charities, categorized into three key areas: basic needs, self-sufficiency, and child development. By supporting these charities, Watco Charities aims to make a positive impact on the community, focusing on essential necessities, fostering independence, and nurturing the growth and development of children.
Who is the CEO of Watco Charities Inc?
Kevin G Fink is the Treasurer of Watco Charities Inc.
What is the revenue of Watco Charities Inc?
Watco Charities Inc's revenue in 2022 was $140,189.
Who are the executives of Watco Charities Inc and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990EZ for Watco Charities Inc?
Watco Charities Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Watco Charities Inc
Watco Charities Inc, a charitable organization, gathers donations from Watco Manufacturing Company and its employees. The collected funds are then distributed to a selection of local tax-exempt charities. These charities are categorized into three distinct groups: those addressing basic needs, those promoting self-sufficiency, and those focusing on child development. By supporting these charities, Watco Charities Inc aims to contribute to the betterment of the community in various ways, ensuring that essential needs are met, individuals can work towards independence, and children have the opportunity to thrive.
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Impact
October, 2024
Watco Charities Inc has made a significant impact by collecting contributions from Watco Manufacturing Company and its employees to support selected local tax-exempt charities. By strategically distributing funds, the organization addresses critical community needs across three distinct areas: basic needs, self-sufficiency, and child development. This targeted approach not only meets immediate necessities but also fosters long-term growth and stability within the community. The emphasis on basic needs ensures that individuals have access to essential resources, while efforts toward self-sufficiency empower individuals and families to achieve independence. Furthermore, initiatives focused on child development contribute to a brighter future for the younger generation, nurturing their potential and well-being in Colorado Springs, CO. Through these efforts, Watco Charities Inc plays a vital role in enhancing the lives of residents and cultivating a stronger, more resilient community.
This information is meant to be a general summary of Watco Charities 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $140,189
Assets and Liabilities:
- Total Assets: $9,020
- Total Liabilities: $9,020
- Net Assets: $0
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Organization Details
Phone
(719) 574-0600Principal Officer
Kevin G Fink
Main Address
2121 WAYNOKA ROAD, COLORADO SPRINGS, CO, 80915
NTEE Category
Code: T30 - Philanthropy
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