Overview
What is Evening Of Hope A Seattle Hotel Association Foundation?
Evening Of Hope A Seattle Hotel Association Foundation is a charitable organization, affiliated with the Seattle Hotel Association, that adheres to Code Section 501(c)(3). Established in 1996, their primary mission is to raise funds and contribute to various nonprofit organizations within the community, aiding those in need. One of their long-term beneficiaries is Northwest Aids. By hosting events such as the Evening of Hope Gala, they demonstrate their commitment to making a positive impact in their local area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Evening Of Hope has achieved an 83% rating from Charity Navigator, which reflects a strong score in accountability and finance. The organization has demonstrated excellence in its governance structure with a fully independent board, ensuring integrity and transparency. The absence of any material diversion of assets further highlights its commitment to proper financial management.
The charity has an impressive program expense ratio of 98.59%, indicating that nearly all of its resources are directed towards its programs and services rather than administrative costs. Additionally, the charity’s proper documentation processes for board meeting minutes and policies related to conflicts of interest contribute positively to its accountability score.
However, a notable limitation is the lack of a whistleblower policy and document retention and destruction policy, which are elements recommended for robust governance. Despite this, the overall strong performance in financial practices demonstrates a reliable commitment to its mission and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Evening Of Hope A Seattle Hotel Association Foundation legitimate?
Evening Of Hope A Seattle Hotel Association Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Evening Of Hope A Seattle Hotel Association 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 Evening Of Hope A Seattle Hotel Association Foundation?
The Evening of Hope A Seattle Hotel Association Foundation's mission is centered around raising funds for charitable organizations that fall under the category of Code Section 501(c)(3). This foundation, initiated by the Seattle Hotel Association, holds the Evening of Hope Gala annually since 1996, demonstrating its commitment to assisting those in need within the community. Notably, Northwest Aids has been a beneficiary of this event since its inception.
Who is the CEO of Evening Of Hope A Seattle Hotel Association Foundation?
Juergen Oswald is the President of Evening Of Hope A Seattle Hotel Association Foundation.
What is the revenue of Evening Of Hope A Seattle Hotel Association Foundation?
Evening Of Hope A Seattle Hotel Association Foundation's revenue in 2022 was $0.
Who are the executives of Evening Of Hope A Seattle Hotel Association Foundation and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990EZ for Evening Of Hope A Seattle Hotel Association Foundation?
Evening Of Hope A Seattle Hotel Association Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Evening Of Hope A Seattle Hotel Association Foundation
Evening of Hope A Seattle Hotel Association Foundation is a charitable organization with a mission to raise funds for other non-profit entities, as outlined in Section 501(c)(3) of the tax code. This foundation was established by the Seattle Hotel Association in 1996, with the purpose of showcasing their commitment to helping those in need within their community. One of the beneficiaries of this foundation's efforts is Northwest Aids, an organization that has been supported by Evening of Hope since its inception. The Evening of Hope A Seattle Hotel Association Foundation serves as a platform for raising significant funds that directly impact various charitable causes within their sphere.
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Impact
October, 2024
Evening of Hope A Seattle Hotel Association Foundation significantly impacts the community by raising vital funds for various charitable organizations. Since its inception in 1996, the Evening of Hope Gala has been a key fundraising event showcasing the Seattle Hotel Association's commitment to supporting individuals in need. A notable beneficiary, Northwest AIDS, has received essential support through this initiative, allowing it to provide crucial services and resources. This foundation not only strengthens the local philanthropic landscape but also fosters a sense of community and collective responsibility among its members and supporters. Through their efforts, the Evening of Hope plays a crucial role in enhancing the lives of those less fortunate in the Seattle area.
This information is meant to be a general summary of Evening Of Hope A Seattle Hotel Association 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
Assets and Liabilities:
- Total Assets: $60,593
- Total Liabilities: $0
- Net Assets: $60,593
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Organization Details
Phone
(206) 694-7250Principal Officer
Juergen Oswald
Main Address
7900 SE 28TH ST SUITE 236, MERCER ISLAND, WA, 98040
NTEE Category
Code: T30 - Philanthropy
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