Overview
What is Cfb Foundation Inc?
Cfb Foundation Inc, located at 31 Evans Terminal Road, Hillside, New Jersey 07205, is a nonprofit organization with a mission to support and strengthen the capacity of New Jersey-based 501(c)(3) organizations that focus on aiding the less fortunate and alleviating hunger. By providing resources and assistance, the foundation aims to bolster the capabilities and impact of these organizations in their respective communities. Although the information does not specify the number of employees or the duration of its operations, it is clear that the foundation's primary focus is on empowering nonprofits that prioritize helping the poor and hungry.
Is Cfb Foundation Inc legitimate?
Cfb Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cfb Foundation Inc 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
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What is the mission statement of Cfb Foundation Inc?
The Cfb Foundation Inc's mission was centered around capacity building for New Jersey-based non-profit organizations, specifically those classified as 501(C)(3) and dedicated to aiding the less fortunate and the hungry. The organization aimed to provide support to enhance their capabilities, thereby enabling them to better serve their intended communities. Unfortunately, the Cfb Foundation Inc ceased operations as of May 1, 2020, and its assets were subsequently distributed to its related organization, the Community Food Bank of New Jersey, Inc.
Who is the CEO of Cfb Foundation Inc?
Jeffrey Mott is the President of Cfb Foundation Inc.
What is the revenue of Cfb Foundation Inc?
Cfb Foundation Inc's revenue in 2020 was $77,810.
Who are the executives of Cfb Foundation Inc and what are their salaries?
There 7 volunteers at Cfb Foundation Inc.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $324,635
- Other: $10,485
- Compensation: $0
- Related: $184,714
- Other: $10,625
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Cfb Foundation Inc?
Cfb Foundation Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Cfb Foundation Inc
Cfb Foundation Inc, a non-profit organization, was dedicated to initiating and supporting capacity building for fellow 501(C)(3) organizations in New Jersey. These organizations focused on providing assistance to the less fortunate and combating hunger in their communities. The mission of Cfb Foundation Inc was to strengthen these organizations' capabilities, enabling them to better serve those in need. Regrettably, the foundation ceased operations on May 1, 2020, and its assets were transferred to its related organization, the Community Food Bank of New Jersey, Inc. (See Schedules I and N).
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Impact
October, 2024
Cfb Foundation Inc significantly impacted New Jersey’s nonprofit landscape by focusing on capacity building for organizations that assist the poor and hungry. By supporting the development of 501(c)(3) entities, the foundation empowered these organizations to enhance their outreach and effectiveness, ultimately benefiting vulnerable populations.
Although its operations terminated on May 1, 2020, Cfb Foundation Inc strategically distributed its assets to the Community Food Bank of New Jersey, ensuring a continuation of support for food assistance initiatives. This transfer reinforced the commitment to alleviate hunger and improve food security in the state. The foundation's efforts have had lasting effects on the nonprofit sector, promoting a robust network of organizations dedicated to addressing the challenges faced by those in need.
This information is meant to be a general summary of Cfb 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Investment Income: $63,818
- Gross Receipts: $2,514,338
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2009
Phone
(908) 355-3663Principal Officer
Jeffrey Mott
Main Address
31 Evans Terminal Road, Hillside, NJ, 07205
NTEE Category
Code: K123 - Food
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