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Lake Arrowhead Rotary Foundation

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

EIN: 330628741 ✦ Lake arrowhead, CA ✦ Designated as a 501(c)(3)

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Overview

What is Lake Arrowhead Rotary Foundation?

Lake Arrowhead Rotary Foundation is a charitable organization situated in Lake Arrowhead, California. Its primary mission involves raising funds within the community to support local non-profit and tax-exempt organizations, furthering their charitable objectives. Additionally, the foundation contributes to community projects and acquisitions for various charitable organizations, thereby enhancing public facilities. Furthermore, the Lake Arrowhead Rotary Foundation provides scholarships to local youth, investing in their future education.

Is Lake Arrowhead Rotary Foundation legitimate?

Lake Arrowhead Rotary Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Arrowhead Rotary 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

What is the mission statement of Lake Arrowhead Rotary Foundation?

The Lake Arrowhead Rotary Foundation's mission is centered around raising funds within the community. This financial support is primarily directed towards local charities and scholarships for the youth in the area. The funds collected are channeled to various community-based non-profit and tax-exempt organizations, enabling them to further their charitable objectives. Beyond this, the foundation also contributes to community projects and purchases for other charitable organizations, aiming to enhance public facilities. Furthermore, a significant portion of the funds is allocated for providing scholarships to local youth, thereby supporting their educational aspirations.

Who is the CEO of Lake Arrowhead Rotary Foundation?

Stacey Lippert is the Principal Officer of Lake Arrowhead Rotary Foundation.

What is the revenue of Lake Arrowhead Rotary Foundation?

Lake Arrowhead Rotary Foundation's revenue in 2023 was $150,600.

Who are the executives of Lake Arrowhead Rotary Foundation and what are their salaries?

There 50 volunteers at Lake Arrowhead Rotary Foundation.


Here are 11 key members and their salaries:


Terry Ebert (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Gladwell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeri Simpson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Ostlie (President Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Venturini (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Yap (Public Relations Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Lavin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Gladwell (Membership Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norton Marks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Moxley (Foundation And International Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Hoy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lake Arrowhead Rotary Foundation?

Lake Arrowhead Rotary Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Lake Arrowhead Rotary Foundation

Lake Arrowhead Rotary Foundation is dedicated to raising funds within the community to support local charities and provide scholarships for the area's youth. The organization's mission involves channeling funds to various community-based non-profit and tax-exempt organizations, enabling them to advance their charitable objectives. Beyond this, the foundation also contributes to community projects and purchases for other charitable organizations, aiming to enhance public facilities and improve the overall community. Furthermore, Lake Arrowhead Rotary Foundation extends its support by offering scholarships to local youth, contributing to their educational pursuits and future prospects.

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Impact




October, 2024

Lake Arrowhead Rotary Foundation has a significant impact on the local community by raising funds to support various charities and provide scholarships for area youth. Its initiatives enable financial assistance to multiple community-based organizations, furthering their charitable missions and enhancing public facilities. This support not only empowers local nonprofits but also invests in the future of young individuals through educational scholarships. By fostering community projects and collaborations, the foundation plays a crucial role in strengthening the social fabric of Lake Arrowhead, enriching lives and creating lasting positive change.




This information is meant to be a general summary of Lake Arrowhead Rotary 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
$150,600 (2023)
2011201220132014201520162017201820192020202120222023$0$70,000$140k$210k$280k
Expenses
$153,469 (2023)
2011201220132014201520162017201820192020202120222023$0$40,000$80,000$120k$160k
Efficiency
20112012201320142015201620172018201920202021202220230%0.2%0.4%0.6%0.8%1%

Other financial information:

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

  • Investment Income: $28,993
  • Gross Receipts: $179,764

Assets and Liabilities:

  • Total Assets: $1,100,434
  • Total Liabilities: $17,374
  • Net Assets: $1,083,060

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Organization Details

Founding Year

1994

Principal Officer

Stacey Lippert

Main Address

PO BOX 686, LAKE ARROWHEAD, CA, 92352

NTEE Category

Code: T70Z - Philanthropy

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