Soaring Society Of America Foundation

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

EIN: 270934003 ✦ Hobbs, NM ✦ Designated as a 501(c)(3)

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Overview

What is Soaring Society Of America Foundation?

The Soaring Society of America Foundation is a charitable organization, headquartered in Hobbs, New Mexico, with a postal address of PO Box 2100. Its primary purpose is to support its affiliated nonprofit, the Soaring Society of America Inc., which falls under the 501(c)(3) category. The foundation's role involves soliciting, collecting, and administering funds for this related organization. The Soaring Society of America Inc. is not specified further in the provided information, but it can be inferred that the foundation shares the same mission and vision as its affiliate, contributing to their collective efforts and goals.


Official website here: www.ssa.org

What do the Facebook reviews say about Soaring Society Of America Foundation?

94% of 29 reviewers on Facebook recommend the Soaring Society of America Foundation. Here is a summary of their reviews:

Many individuals note the impressive pictures associated with the foundation, which showcase the beauty and excitement of soaring. The positive atmosphere is further emphasized, with users commonly mentioning the friendliness of the people involved, contributing to a community feel.

Overall, the nonprofit is well-regarded, with users expressing satisfaction towards their experiences, suggesting that the organization successfully promotes its mission while fostering a welcoming environment.


This AI summary has been generated from reviews found on Facebook.

Is Soaring Society Of America Foundation legitimate?

Soaring Society Of America Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Soaring Society Of America 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.ssa.org

What is the mission statement of Soaring Society Of America Foundation?

The Soaring Society of America Foundation's primary role is to gather, manage, and disburse funds for the benefit of the Soaring Society of America Inc., a related 501(c)(3) organization. Its mission is to provide financial support to this organization, which aims to promote and advance the sport of soaring and related activities. The foundation's purpose is to contribute financially to the society's initiatives, thereby furthering its goals and objectives.


Official website here: www.ssa.org

Who is the CEO of Soaring Society Of America Foundation?

Phillip Umphres is the Chairperson of Soaring Society Of America Foundation.


Official website here: www.ssa.org

What is the revenue of Soaring Society Of America Foundation?

Soaring Society Of America Foundation's revenue in 2022 was $1,142,742.


Official website here: www.ssa.org

Who are the executives of Soaring Society Of America Foundation and what are their salaries?

There 6 volunteers at Soaring Society Of America Foundation.


Here are 7 key members and their salaries:


Phillip Umphres (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Davis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Blackburn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Cochrane (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Brown (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Rose (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Layton (Executive Director)
  • Compensation: $0
  • Related: $122,802
  • Other: $18,553


Official website here: www.ssa.org

Where can I find the form 990 for Soaring Society Of America Foundation?

Soaring Society Of America Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ssa.org

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

Mission Statement of Soaring Society Of America Foundation

The Soaring Society of America Foundation is committed to raising, collecting, and distributing funds on behalf of the Soaring Society of America, Inc., a 501(c)(3) organization. Its mission is to support the Soaring Society of America Inc., providing financial assistance and resources to help it achieve its objectives. The foundation serves as a crucial financial backbone, enabling the Soaring Society of America Inc. to fulfill its mission effectively. By soliciting and managing funds, the Soaring Society of America Foundation contributes to the overall success and impact of the Soaring Society of America Inc. in its field.

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Impact




October, 2024

The Soaring Society of America Foundation plays a vital role in supporting the Soaring Society of America, which enhances the sport of soaring and fosters its growth and accessibility. By soliciting, receiving, collecting, holding, administering, and distributing funds, the foundation directly contributes to various initiatives that promote educational programs, safety standards, and the advancement of soaring as a recreational activity.

Through financial support, the foundation enables more individuals to experience the joys of soaring, whether through training opportunities, scholarships, or community events. This impact not only enriches the lives of pilots and enthusiasts but also strengthens the community around the sport, fostering a shared passion and commitment to soaring. In doing so, the foundation helps to ensure that soaring remains a vibrant and accessible pursuit for future generations.




This information is meant to be a general summary of Soaring Society Of America 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
$1,142,742 (2022)
Expenses
$186,750 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $135,742
  • Gross Receipts: $1,325,669

Assets and Liabilities:

  • Total Assets: $6,627,593
  • Total Liabilities: $50,194
  • Net Assets: $6,577,399

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Organization Details

Founding Year

1998

Principal Officer

Phillip Umphres

Main Address

PO BOX 2100, HOBBS, NM, 88241

NTEE Category

Code: N11 - Recreation

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