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Elmwood Educational Foundation

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

EIN: 363707624 ✦ Elmwood, IL ✦ Designated as a 501(c)(3)

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Overview

What is Elmwood Educational Foundation?

Elmwood Educational Foundation is a nonprofit organization situated in Elmwood, Illinois, with an address at 118 W MAIN ST. Their primary mission is to grant scholarships to students who excel or surpass a specific point system for scholarship eligibility. This foundation is committed to supporting academic growth and recognizing outstanding achievements among the local student community.

Is Elmwood Educational Foundation legitimate?

Elmwood Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elmwood Educational 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 Elmwood Educational Foundation?

The Elmwood Educational Foundation's mission is centered around providing scholarships to deserving students. This is achieved by setting up a cumulative point system, and only those students who meet or exceed this threshold become eligible for the scholarships. By doing so, the foundation aims to support the educational aspirations of these students, thereby contributing to their overall personal growth and development.

Who is the CEO of Elmwood Educational Foundation?

W Mark Davis is the President of Elmwood Educational Foundation.

What is the revenue of Elmwood Educational Foundation?

Elmwood Educational Foundation's revenue in 2021 was $45,061.

Who are the executives of Elmwood Educational Foundation and what are their salaries?


Here are 11 key members and their salaries:


Kenneth Blum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Butler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Colgan (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Mark Davis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gordon Inskeep (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin May (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janelle Meyers (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Warner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Elmwood Educational Foundation?

Elmwood Educational Foundation's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Elmwood Educational Foundation

The Elmwood Educational Foundation, as its name suggests, is an organization dedicated to providing scholarships. Its mission is centered around awarding scholarships to deserving students who have achieved or surpassed a specific cumulative point system. By offering financial assistance, this foundation aims to support the educational pursuits of these students, potentially opening up opportunities for their future. The foundation's mission is a testament to its commitment towards fostering academic excellence and recognizing the achievements of its scholars.

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Impact




October, 2024

Elmwood Educational Foundation significantly enhances educational opportunities by providing scholarships to deserving students who meet or exceed the established cumulative point system. This initiative empowers students in Elmwood, IL, to pursue their academic goals, alleviating financial barriers and enabling them to further their education. By investing in the potential of these students, the foundation fosters a culture of achievement and encourages academic excellence within the community.




This information is meant to be a general summary of Elmwood Educational 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
$45,061 (2021)
Expenses
$41,456 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $38,813
  • Program Service Revenue: $22
  • Gross Receipts: $45,061

Assets and Liabilities:

  • Total Assets: $1,289,352
  • Total Liabilities: $0
  • Net Assets: $1,289,352

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Programs

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

MEMBER DUES

Revenue

$22

Organization Details

Founding Year

1990

Principal Officer

W Mark Davis

Main Address

118 W MAIN ST, ELMWOOD, IL, 61529

NTEE Category

Code: B82 - Education

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