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Utah Association Of Financial Services Foundation

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

EIN: 263154283 ✦ Salt lake city, UT ✦ Designated as a 501(c)(3)

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Overview

What is Utah Association Of Financial Services Foundation?

The Utah Association of Financial Services Foundation is a nonprofit entity dedicated to providing financial support to qualified charities and nonprofit organizations. Their primary mission revolves around making donations to these entities, aiming to contribute positively to various communities. Additionally, the foundation aligns itself with the Community Reinvestment Act (CRA), demonstrating a commitment to community development and investment.

Is Utah Association Of Financial Services Foundation legitimate?

Utah Association Of Financial Services Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Utah Association Of Financial Services Foundation 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 Utah Association Of Financial Services Foundation?

The Utah Association of Financial Services Foundation's mission is centered around making donations to eligible charities and non-profit organizations. Their primary goal is to offer financial assistance to these organizations, thereby contributing to their causes. Moreover, the foundation supports the Community Reinvestment Act (CRA), an initiative aimed at encouraging depository institutions to help meet the credit needs of the local communities in which they operate, including low- and moderate-income neighborhoods. In essence, the foundation's mission is to contribute to the betterment of communities through charitable donations and support for CRA initiatives.

Who is the CEO of Utah Association Of Financial Services Foundation?

Frank Pignanelli is the Executive Director of Utah Association Of Financial Services Foundation.

What is the revenue of Utah Association Of Financial Services Foundation?

Utah Association Of Financial Services Foundation's revenue in 2022 was $105,004.

Who are the executives of Utah Association Of Financial Services Foundation and what are their salaries?


Here are 10 key members and their salaries:


Sherrie Rees (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Moss (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Haidenthaller (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reese Howell (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Specht (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Taylor (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Donnelly (Secretarytreasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lew Goodwin (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christi Palmer (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Pignanelli (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Utah Association Of Financial Services Foundation?

Utah Association Of Financial Services Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Utah Association Of Financial Services Foundation

The Utah Association of Financial Services Foundation is dedicated to making contributions to eligible charities and non-profit organizations. Their mission is centered around providing financial assistance to these organizations, thereby contributing to the betterment of their communities. The foundation's activities are aligned with the Community Reinvestment Act (CRA), a regulatory framework that encourages financial institutions to support the communities where they operate. By donating to charities and non-profits, the Utah Association of Financial Services Foundation aims to support various initiatives and foster societal development.

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Impact




October, 2024

The Utah Association of Financial Services Foundation significantly impacts the community through its financial support of qualified charities and nonprofit organizations. By providing donations, it enhances the resources available to these organizations, enabling them to deliver essential services and programs that benefit various community needs. Furthermore, the foundation's commitment to supporting the Community Reinvestment Act (CRA) fosters economic development and improves access to financial resources for underserved populations. This holistic approach not only promotes philanthropy but also strengthens the overall community fabric, making it more resilient and inclusive.




This information is meant to be a general summary of Utah Association Of Financial Services 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
$105,004 (2022)
Expenses
$106,000 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4
  • Gross Receipts: $105,004

Assets and Liabilities:

  • Total Assets: $5,016
  • Total Liabilities: $0
  • Net Assets: $5,016

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Organization Details

Principal Officer

Frank Pignanelli

Main Address

60 S 600 E STE 150, Salt Lake City, UT, 84102

NTEE Category

Code: T30 - Philanthropy

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