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Etcf Support Foundation

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

EIN: 270679342 ✦ Tyler, TX ✦ Designated as a 501(c)(3)

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Overview

What is Etcf Support Foundation?

The Etcf Support Foundation is a nonprofit entity established to safeguard assets that could potentially pose a liability or risk of loss for East Texas Communities Foundation. Its primary purpose is to support and advantage East Texas Communities Foundation. The foundation's mission is to protect its associated organization from potential financial and legal hazards, thereby ensuring its continued success and impact in the East Texas community.


Official website here: www.etcf.org

Is Etcf Support Foundation legitimate?

Etcf Support Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Etcf Support 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


Official website here: www.etcf.org

What is the mission statement of Etcf Support Foundation?

The Etcf Support Foundation was established with a mission to safeguard the assets of East Texas Communities Foundation, potentially shielding it from potential liabilities or losses. Its primary objective is to support and benefit East Texas Communities Foundation in its operations. In simpler terms, the foundation's purpose is to aid and advance the interests of East Texas Communities Foundation.


Official website here: www.etcf.org

Who is the CEO of Etcf Support Foundation?

Kyle Penney is the President of Etcf Support Foundation.


Official website here: www.etcf.org

What is the revenue of Etcf Support Foundation?

Etcf Support Foundation's revenue in 2022 was $1,303,355.


Official website here: www.etcf.org

Who are the executives of Etcf Support Foundation and what are their salaries?

There 2 volunteers at Etcf Support Foundation.


Here are 4 key members and their salaries:


Kyle Penney (President)
  • Compensation: $0
  • Related: $201,470
  • Other: $5,805
Marvin L Sneed (Finance Director)
  • Compensation: $0
  • Related: $124,617
  • Other: $3,436
Craig Adams (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gordon Northcutt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.etcf.org

Where can I find the form 990 for Etcf Support Foundation?

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


Official website here: www.etcf.org

Learn more at the official website: www.etcf.org

Mission Statement of Etcf Support Foundation

Etcf Support Foundation, as its name suggests, was established with a mission to support East Texas Communities Foundation. The organization's primary role is to safeguard assets that, if not properly managed, could potentially lead to liability or loss for East Texas Communities Foundation. This protective role is a testament to Etcf Support Foundation's commitment to ensuring the continued success and stability of its parent organization. By managing these assets, Etcf Support Foundation effectively contributes to the overall benefit of East Texas Communities Foundation, thus indirectly benefiting the wider East Texas communities.

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Impact




October, 2024

The Etcf Support Foundation significantly impacts East Texas by safeguarding and managing assets that could pose risks of liability or loss to the East Texas Communities Foundation. By holding these assets, the foundation enhances the stability and sustainability of initiatives aimed at benefiting local communities. Its mission is focused on supporting the East Texas Communities Foundation, which fosters philanthropic efforts in the region. Through this strategic asset management, the foundation plays a crucial role in promoting community development and ensuring the long-term effectiveness of charitable activities in East Texas.




This information is meant to be a general summary of Etcf Support 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
$1,303,355 (2022)
Expenses
$113,208 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $27,712
  • Gross Receipts: $1,303,355

Assets and Liabilities:

  • Total Assets: $6,081,737
  • Total Liabilities: $0
  • Net Assets: $6,081,737

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Organization Details

Founding Year

2009

Principal Officer

Kyle Penney

Main Address

315 N Broadway Ave 210, Tyler, TX, 75702

NTEE Category

Code: T113 - Philanthropy

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