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American Rental Association Foundation

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

EIN: 362897310 ✦ Moline, IL ✦ Designated as a 501(c)(3)

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Overview

What is American Rental Association Foundation?

The American Rental Association Foundation is a nonprofit organization situated in Moline, Illinois. Its primary focus is to foster educational opportunities and strengthen connections within the rental industry. They accomplish this by managing a scholarship program, distributing applications, evaluating submissions, and granting awards to individuals associated with the rental business. The foundation's mission is to develop and implement programs that ultimately benefit and support the rental industry.


Official website here: www.arafoundation.org

Is American Rental Association Foundation legitimate?

American Rental Association Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Rental Association 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.arafoundation.org

What is the mission statement of American Rental Association Foundation?

The American Rental Association Foundation's mission is centered around developing and implementing programs. These initiatives aim to create educational opportunities, foster relationships, and support the rental industry. One of their key activities involves offering scholarships to individuals associated with the rental business. They facilitate the application process, evaluate applications, and award scholarships to eligible candidates. The Foundation's primary goal is to contribute to the growth and development of the rental industry through educational programs and relationships.


Official website here: www.arafoundation.org

Who is the CEO of American Rental Association Foundation?

Marcy Wright is the Trustee-At-Large of American Rental Association Foundation. The CEO's salary of American Rental Association Foundation is $0 and their total compensation is $0.


Official website here: www.arafoundation.org

What is the revenue of American Rental Association Foundation?

American Rental Association Foundation's revenue in 2022 was $153,165.


Official website here: www.arafoundation.org

Who are the executives of American Rental Association Foundation and what are their salaries?

There 12 volunteers at American Rental Association Foundation.


Here are 12 key members and their salaries (American Rental Association Foundation's CEO's salary is $0 and their total compensation is $0):


Fred Dupy (Trustee-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Hooks (Trustee/Ara Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Davis (Trustee-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rafael Garzarelli (Trustee-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Andrews (Trustee-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Mau (Trustee/Ara President-Elec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Conant (Trustee/Ara Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Wright (Chair/Trustee-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Dwyer (Vice Chair/ Trustee-At-Lar)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcy Wright (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Carlin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Johannsen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.arafoundation.org

Where can I find the form 990 for American Rental Association Foundation?

American Rental Association Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.arafoundation.org

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

Mission Statement of American Rental Association Foundation

The American Rental Association Foundation is committed to its mission of creating educational opportunities, fostering relationships, and aiding the rental industry. To accomplish this, the organization develops and implements various programs. This mission is achieved by offering scholarships to individuals associated with the rental business. The Foundation collects applications, evaluates them, and awards scholarships to deserving candidates. By doing so, the American Rental Association Foundation plays a significant role in supporting the growth and development of individuals within the rental industry.

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Impact




October, 2024

The American Rental Association Foundation significantly impacts the rental industry by developing and implementing programs that enhance educational opportunities and foster relationships within the sector. Through its scholarship program, the foundation provides financial assistance to individuals associated with the rental business, thereby promoting professional development and career growth. By marketing and distributing scholarship applications, collecting and evaluating submissions, and awarding financial support, the foundation helps cultivate a skilled workforce equipped to meet the industry's evolving needs. This commitment not only aids individuals in advancing their careers but also strengthens the overall rental industry by investing in its future talent.




This information is meant to be a general summary of American Rental Association 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
$153,165 (2022)
Expenses
$346,138 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $35,491
  • Gross Receipts: $404,182

Assets and Liabilities:

  • Total Assets: $1,435,171
  • Total Liabilities: $16,567
  • Net Assets: $1,418,604

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Organization Details

Founding Year

1977

Principal Officer

Marcy Wright

Main Address

1900 19TH STREET, MOLINE, IL, 61265

NTEE Category

Code: J00B - Employment

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