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Concord Rotary Club Foundation Inc

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

EIN: 270830881 ✦ Concord, NC ✦ Designated as a 501(c)(3)

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Overview

What is Concord Rotary Club Foundation Inc?

Concord Rotary Club Foundation Inc is a nonprofit organization whose primary objective is to support the initiatives of the Concord Rotary Club. This encompasses offering financial assistance or resources to this organization and various 501(c)(3) charities. Beyond this, the foundation has an ambitious goal to install a Rotary clock as part of the revitalization project in downtown Concord, North Carolina. In essence, Concord Rotary Club Foundation Inc plays a crucial role in fostering community development and charitable giving.

Is Concord Rotary Club Foundation Inc legitimate?

Concord Rotary Club Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concord Rotary Club Foundation Inc 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 Concord Rotary Club Foundation Inc?

The Concord Rotary Club Foundation's mission is primarily focused on supporting the four key areas of service initiated by the Concord Rotary Club. This involves providing financial aid or utilizing funds to further this organization, as well as extending support to various non-profit entities classified under 501(c)(3). Additionally, the foundation has an objective to install a Rotary clock as part of the rejuvenation project in a downtown area, although the specific location is not specified in the provided information.

Who is the CEO of Concord Rotary Club Foundation Inc?

William Bill Hughes is the President of Concord Rotary Club Foundation Inc.

What is the revenue of Concord Rotary Club Foundation Inc?

Concord Rotary Club Foundation Inc's revenue in 2022 was $14,857.

Who are the executives of Concord Rotary Club Foundation Inc and what are their salaries?


Here are 6 key members and their salaries:


Venetia Skahen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Bill Hughes (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Rankin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Gay (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Belk (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Rockett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Concord Rotary Club Foundation Inc?

Concord Rotary Club Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Concord Rotary Club Foundation Inc

The Concord Rotary Club Foundation's mission is centered around supporting the four avenues of service of the Concord Rotary Club. This support extends to providing financial aid to this organization itself, as well as to various 501(c)(3) entities. Beyond financial assistance, the foundation also has a vision to install a Rotary clock as part of a revitalization project in downtown Concord, North Carolina. This initiative aims to contribute to the overall enhancement and revitalization of the area. The Concord Rotary Club Foundation's mission is thus multifaceted, encompassing both financial support for various organizations and community-focused projects aimed at improving public spaces.

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Impact




August, 2024

Concord Rotary Club Foundation Inc's impact is significant in supporting the four avenues of service of the Concord Rotary Club. It provides crucial funds to both the Concord Rotary Club and various 501(c)(3) organizations, contributing to community improvement efforts. Furthermore, the foundation's commitment to installing a Rotary clock as part of the downtown revitalization project in Concord, North Carolina, highlights its dedication to enhancing the local environment and fostering community pride.




This information is meant to be a general summary of Concord Rotary Club 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.

Revenue
$14,857 (2022)
Expenses
$27,636 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $14,857

Assets and Liabilities:

  • Total Assets: $20,196
  • Total Liabilities: $0
  • Net Assets: $20,196

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Organization Details

Principal Officer

William Bill Hughes

Main Address

PO BOX 1387, CONCORD, NC, 28026

NTEE Category

Code: S128 - Community improvement

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