Overview
What is West Central Initiative?
West Central Initiative is a community foundation situated in Fergus Falls, Minnesota. Their primary role is to manage and establish dedicated permanent funds, addressing specific charitable purposes. They refer to these funds as "component funds," which are integral to their mission and asset valuation. In the recent fiscal year, they added 14 new component funds to their portfolio. Their activities and mission are centered around improving West Central Minnesota by offering grants, programs, and technical assistance. By harnessing various resources, they aim to support families, communities, organizations, and businesses in the region, contributing to a better tomorrow. Their vision aligns with the United Nations' Sustainable Development Goals, striving for a vibrant, inclusive, and sustainable world, beginning in West Central Minnesota. They have a workforce of 28 individuals dedicated to their cause.
Official website here: www.wcif.org
Is West Central Initiative legitimate?
West Central Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Central Initiative 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.
Here are some key statistics you may want to consider:
Executive Compensation: $212,186
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,524,940
For more financial information, click here
What is the mission statement of West Central Initiative?
The West Central Initiative's mission is to enhance West Central Minnesota by providing funding, programs, and technical assistance. This organization unites various ideas and resources to help individuals and communities build a better future. Their vision of a vibrant, inclusive, and sustainable world begins in West Central Minnesota. As a community foundation, they establish and manage dedicated permanent funds to address specific charitable purposes. These funds, known as component funds, are integral to their mission and asset valuation. In fiscal year 2023, they added 14 new component funds to their portfolio. Grants are just one of the many resources they offer to support families, communities, organizations, and businesses in their region. During the current year, they awarded over $3 million in grants.
Official website here: www.wcif.org
Who is the CEO of West Central Initiative?
What is the revenue of West Central Initiative?
Who are the executives of West Central Initiative and what are their salaries?
The average compensation at West Central Initiative during 2023 was $62,040. There are 28 employees and 663 volunteers at West Central Initiative.
Here are 13 key members and their salaries:
- Anna Wasescha (President)
- Nicole Fernholz (Secretary) [Trustee/Director]
- Corey Kratcha (Director)
- John Dahlseng (Treasurer) [Trustee/Director]
- Yoke-Sim Gunaratne (Chairperson) [Trustee/Director]
- Jackie Buboltz (Vice Chairperson) [Trustee/Director]
- Laura Jb Schmidt (Director)
- Barbara J Fabre (Director)
- Kari Kreft (Director)
- Eric Newell (Director)
- Elizabeth Pihlaja (Director)
- Tyler Wirth (Director)
- David Schornack (Director)
Official website here: www.wcif.org
Where can I find the form 990 for West Central Initiative?
The West Central Initiative’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.wcif.org
Learn more at the official website: www.wcif.org
Mission Statement of West Central Initiative
West Central Initiative, a community foundation, is committed to improving the welfare of West Central Minnesota through various means. Their mission is multifaceted, encompassing the provision of funding, programs, and technical assistance. By unitedly leveraging ideas and resources, they aim to help individuals and communities create a more prosperous future. This mission is underpinned by a vision of a vibrant, inclusive, and sustainable world, with the belief that this vision can take root in West Central Minnesota.
At its core, West Central Initiative's role as a community foundation involves establishing and managing dedicated permanent funds that cater to specific charitable purposes. They refer to these funds as "component funds," as they are integral to their mission and asset valuation. In the recent fiscal year (FY23), they added 14 new component funds to their portfolio, demonstrating their commitment to supporting their region's families, communities, organizations, and businesses. Through grants, along with other resources, they seek to empower their community, contributing significantly to their region's overall development. During the current year, they awarded over $3 million in grants, further emphasizing their dedication to bettering West Central Minnesota.
Impact
This information is meant to be a general summary of West Central Initiative. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
West Central Initiative's impact is substantial in improving West Central Minnesota through funding, programs, and technical assistance. By uniting ideas and resources, this organization helps people and communities create a better tomorrow. Through their community and foundation grantmaking efforts, they establish and manage dedicated permanent funds that address specific charitable purposes. In the current year, they added 14 new component funds to their portfolio and awarded over $3 million in grants. This impactful work is aligned with their vision of a vibrant, inclusive, and sustainable world that starts right here in West Central Minnesota.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LENDING REVENUE
Revenue
$293,897
PROGRAM SERVICE FEES
Revenue
$196,188
OTHER INCOME
Revenue
$67,405
Organization Details
Founding Year
1986
Phone
(218) 739-2239
Principal Officer
Anna Wasescha
Main Address
PO BOX 318, FERGUS FALLS, MN, 565380318
Website
www.wcif.org
NTEE Category
Code: T310 - Philanthropy
If you are a representative of West Central Initiative and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.