Corwine Foundation Inc C/O Freestore Foodbank

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

EIN: 311243534 ✦ Cincinnati, OH ✦ Designated as a 501(c)(2)

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Overview

What is Corwine Foundation Inc C/O Freestore Foodbank?

Corwine Foundation Inc C/O Freestore Foodbank is a real estate holding company, specifically established for Freestore Foodbank, Inc. This nonprofit entity's primary mission is to support Freestore Foodbank in its operations by managing its real estate assets. Located in Cincinnati, Ohio, this foundation's role is crucial in ensuring the continuity and success of Freestore Foodbank, an organization dedicated to alleviating hunger and improving the lives of individuals and families in need by providing food, essential items, and services.

Is Corwine Foundation Inc C/O Freestore Foodbank legitimate?

Corwine Foundation Inc C/O Freestore Foodbank is a legitimate nonprofit organization registered as a 501(c)(2) entity. Corwine Foundation Inc C/O Freestore Foodbank 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

What is the mission statement of Corwine Foundation Inc C/O Freestore Foodbank?

The Corwine Foundation Inc, functioning as a real estate holding company for Freestore Foodbank Inc., is primarily dedicated to managing and maintaining property for this organization. While the mission statement explicitly mentions real estate holding, it is implied that the ultimate goal is to support the operations and success of Freestore Foodbank Inc., which is a non-profit organization focused on alleviating hunger and providing essential resources to those in need. The Corwine Foundation Inc's role as a real estate holding company serves to contribute to Freestore Foodbank Inc.'s mission of addressing food insecurity and supporting the community.

Who is the CEO of Corwine Foundation Inc C/O Freestore Foodbank?

Kurt Reiber is the Principal Officer of Corwine Foundation Inc C/O Freestore Foodbank. The CEO's salary of Corwine Foundation Inc C/O Freestore Foodbank is $0 and their total compensation is $357,685.

What is the revenue of Corwine Foundation Inc C/O Freestore Foodbank?

Corwine Foundation Inc C/O Freestore Foodbank's revenue in 2023 was $3,002,170.

Who are the executives of Corwine Foundation Inc C/O Freestore Foodbank and what are their salaries?

There 10 volunteers at Corwine Foundation Inc C/O Freestore Foodbank.


Here are 12 key members and their salaries (Corwine Foundation Inc C/O Freestore Foodbank's CEO's salary is $0 and their total compensation is $357,685):


Tom Powers (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Vaughan (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grant Hesser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Neises (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Millard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty Dunn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Habel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Kirkwood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ramon Rodriguez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Berling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt L Reiber (Ceo / President)
  • Compensation: $0
  • Related: $326,425
  • Other: $31,260
Timothy Weidner (Chief Financial Officer)
  • Compensation: $0
  • Related: $255,341
  • Other: $29,900
Where can I find the form 990 for Corwine Foundation Inc C/O Freestore Foodbank?

Corwine Foundation Inc C/O Freestore Foodbank's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Corwine Foundation Inc C/O Freestore Foodbank

Corwine Foundation Inc C/O Freestore Foodbank serves as the real estate holding company for Freestore Foodbank, Inc. In this role, the foundation is responsible for managing and maintaining the property assets that support the operations of the Freestore Foodbank, a nonprofit organization dedicated to alleviating hunger and promoting food security in the community. By providing a stable and suitable physical environment, Corwine Foundation Inc C/O Freestore Foodbank enables Freestore Foodbank to successfully carry out its mission of providing food and resources to those in need. The foundation's primary activity involves the holding and management of real estate, ensuring that the Freestore Foodbank has the necessary facilities to effectively serve its clientele and fulfill its mission.

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Impact




October, 2024

Corwine Foundation Inc, operating as a real estate holding company for Freestore Foodbank, plays a crucial role in enhancing community welfare in Cincinnati, Ohio. By managing real estate assets for Freestore Foodbank, it ensures the food bank can efficiently support its mission to alleviate hunger and provide essential resources to those in need.

The foundation's efforts facilitate the expansion and maintenance of facilities that enable the food bank to store, distribute, and serve food and other critical services. This directly impacts the community by improving access to nutritious food for vulnerable populations, helping to reduce food insecurity, and promoting overall community improvement.

Through its real estate holdings, Corwine Foundation Inc supports the infrastructure necessary for Freestore Foodbank to operate effectively, allowing the organization to respond swiftly to the needs of the community and provide consistent assistance to individuals and families facing hardships.




This information is meant to be a general summary of Corwine Foundation Inc C/O Freestore Foodbank. 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
$3,002,170 (2023)
Expenses
$4,411,859 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,585,318
  • Program Service Revenue: $416,852
  • Gross Receipts: $4,244,002

Assets and Liabilities:

  • Total Assets: $6,582,349
  • Total Liabilities: $6,230
  • Net Assets: $6,576,119

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$416,852

Organization Details

Founding Year

1988

Principal Officer

Kurt Reiber

Main Address

3401 ROSENTHAL WAY, CINCINNATI, OH, 45204

NTEE Category

Code: S47 - Community improvement

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