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Oceanside Rotary Club Foundation

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

EIN: 330689355 ✦ Carlsbad, CA ✦ Designated as a 501(c)(3)

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Overview

What is Oceanside Rotary Club Foundation?

The Oceanside Rotary Club Foundation is a charitable organization situated in Carlsbad, California. Its primary objective is to enhance the well-being of the local community by establishing an endowment fund. After reaching a substantial threshold, the foundation began its gifting process and plans to continue this practice in subsequent years. By contributing to this fund, the organization aims to make a lasting impact on the city's welfare.

Is Oceanside Rotary Club Foundation legitimate?

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

The Oceanside Rotary Club Foundation's mission is centered around enhancing the community's well-being. They have established an endowment fund, which has reached a sufficient amount to commence gifting. The foundation plans to continue providing contributions in the subsequent years. Its primary objective is to improve the general welfare of the community it serves. The foundation does not disclose specific areas of focus, but its contributions are aimed at making a positive impact.

Who is the CEO of Oceanside Rotary Club Foundation?

Bill Dern is the President of Oceanside Rotary Club Foundation.

What is the revenue of Oceanside Rotary Club Foundation?

Oceanside Rotary Club Foundation's revenue in 2023 was $19,335.

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


Here are 8 key members and their salaries:


Renee Richardson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie C Newquist (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Schroder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Pickrel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Dern (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Hatter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vickie Prosser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ernie Mascitti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Oceanside Rotary Club Foundation?

Oceanside Rotary Club Foundation's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Oceanside Rotary Club Foundation

The Oceanside Rotary Club Foundation is dedicated to enhancing the well-being of its community. By establishing an endowment fund, the foundation has amassed sufficient resources to initiate its charitable activities. This philanthropic organization aims to continue its generous contributions in the forthcoming years. The mission of the Oceanside Rotary Club Foundation is centered around improving the general welfare of its community. Although the specific programs and initiatives of the foundation are not detailed in the provided information, it is clear that the organization is committed to making a positive impact in its community.

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Impact




August, 2024

The impact of the Oceanside Rotary Club Foundation is significant in contributing to the general welfare of the City of Carlsbad, CA. Through the creation of an endowment fund, the foundation has reached the amount required to begin gifting back to the community. This ongoing support will continue to make a positive difference in the city in various areas for years to come.




This information is meant to be a general summary of Oceanside Rotary Club 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
$19,335 (2023)
Expenses
$10,633 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $17,216
  • Gross Receipts: $19,335

Assets and Liabilities:

  • Total Assets: $234,072
  • Total Liabilities: $0
  • Net Assets: $234,072

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Organization Details

Principal Officer

Bill Dern

Main Address

7922 La Capela Place, Carlsbad, CA, 92009

NTEE Category

Code: T70 - Philanthropy

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