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The Mennowood Foundation

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

EIN: 261688983 ✦ Newport news, VA ✦ Designated as a 501(c)(3)

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Overview

What is The Mennowood Foundation?

The Mennowood Foundation is a charitable organization based in Newport News, Virginia. Its primary objective is to create and sustain a robust financial base for the benefit of the Mennowood Retirement Community and other affiliated organizations. By doing so, the foundation aims to provide ongoing support to these entities, ultimately contributing to their overall well-being and success. Established with a clear mission, the Mennowood Foundation serves as a vital financial pillar for the Mennowood Retirement Community and its allied organizations.

Is The Mennowood Foundation legitimate?

The Mennowood Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Mennowood Foundation 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

What is the mission statement of The Mennowood Foundation?

The Mennowood Foundation's mission is to foster a robust financial foundation. This mission primarily serves the benefit of the Mennowood Retirement Community, but it also extends to organizations that support or are affiliated with the community. The goal is to establish and maintain this financial foundation, aiming to strengthen its capabilities and resources.

Who is the CEO of The Mennowood Foundation?

Dewey L Stinson Iii is the President/Treasurer of The Mennowood Foundation.

What is the revenue of The Mennowood Foundation?

The Mennowood Foundation's revenue in 2022 was $142,890.

Who are the executives of The Mennowood Foundation and what are their salaries?

There 15 volunteers at The Mennowood Foundation.


Here are 5 key members and their salaries:


Dewey Stinson Iii (President/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharman Allan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheri Nice (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lois Kirby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Mericle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Mennowood Foundation?

The Mennowood Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Mennowood Foundation

The Mennowood Foundation, with a clear mission, strives to establish and sustain a financially robust foundation. This mission serves two primary purposes: firstly, to bolster the wellbeing of the Mennowood Retirement Community, and secondly, to support other organizations that share affiliations or associations with this retirement community. By establishing a strong financial foundation, The Mennowood Foundation aims to contribute positively to the entities it supports, ensuring their continued growth and success.

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Impact




October, 2024

The Mennowood Foundation plays a crucial role in enhancing the quality of life for residents of the Mennowood Retirement Community in Newport News, VA. By establishing and maintaining a strong financial foundation, the organization ensures that essential services and support systems remain robust and effective. This financial backing not only benefits the retirement community itself but also extends to other affiliated organizations that contribute to the well-being of its residents.

Through its efforts, the foundation enables the delivery of human services that enrich the lives of older adults, fostering a supportive environment where they can thrive. The commitment to building sustainable financial resources translates into improved facilities, enhanced programs, and overall advancement of community welfare, positively impacting both residents and the broader network of support organizations connected to Mennowood.




This information is meant to be a general summary of The Mennowood Foundation. 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
$142,890 (2022)
Expenses
$12,059 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $142,890
  • Gross Receipts: $142,890

Assets and Liabilities:

  • Total Assets: $1,908,853
  • Total Liabilities: $0
  • Net Assets: $1,908,853

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Organization Details

Founding Year

2008

Principal Officer

Dewey L Stinson Iii

Main Address

13030 WARWICK BOULEVARD, NEWPORT NEWS, VA, 23602

NTEE Category

Code: P75 - Human services

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