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Galena Territory Foundation

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

EIN: 364421972 ✦ Galena, IL ✦ Designated as a 501(c)(3)

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Overview

What is Galena Territory Foundation?

Galena Territory Foundation is a nonprofit organization, situated in an unspecified location, primarily focused on education support. It provides scholarships to various numbers of high school students in the local area, ranging from eleven to seventeen annually. Moreover, the foundation demonstrates its commitment to education in Jo Daviess County by offering additional financial aid. In essence, the Galena Territory Foundation strives to empower local youth by investing in their educational pursuits.

Is Galena Territory Foundation legitimate?

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

The Galena Territory Foundation's primary mission is to support education in its local community. This support is demonstrated through the provision of scholarships to various numbers of high school students annually, ranging from nine to seventeen. The foundation's aim is to contribute to the education sector in Jo Daviess County.

Who is the CEO of Galena Territory Foundation?

Lisa Binder is the President of Galena Territory Foundation.

What is the revenue of Galena Territory Foundation?

Galena Territory Foundation's revenue in 2022 was $50,193.

Who are the executives of Galena Territory Foundation and what are their salaries?


Here are 5 key members and their salaries:


Sarah Roodhouse (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Rector (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Olivia Maple (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dar Howland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Binder (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Galena Territory Foundation?

Galena Territory Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Galena Territory Foundation

The Galena Territory Foundation, a nonprofit organization, is committed to supporting education in its local community, specifically Jo Daviess County. One of its primary initiatives involves awarding scholarships to numerous high school students from the area. These scholarships are granted to fourteen, fifteen, twelve, eleven, nine, and seventeen students annually, demonstrating the foundation's dedication to assisting young individuals in furthering their education. Beyond providing financial aid, the Galena Territory Foundation also contributes to the overall improvement of education within Jo Daviess County.

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Impact




August, 2024

The impact of the Galena Territory Foundation is evident in the scholarships it provides to high school students in the Jo Daviess County area. With a commitment to supporting education, the foundation has awarded scholarships to numerous students over the years, ranging from nine to seventeen recipients annually. This support not only aids in the academic pursuits of the students but also contributes to the development of talent and potential within the community.




This information is meant to be a general summary of Galena Territory 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
$50,193 (2022)
Expenses
$46,904 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $811
  • Program Service Revenue: $300
  • Gross Receipts: $50,193

Assets and Liabilities:

  • Total Assets: $144,737
  • Total Liabilities: $0
  • Net Assets: $144,737

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Organization Details

Principal Officer

Lisa Binder

Main Address

2000 TERRITORY DRIVE, GALENA, IL, 61036

NTEE Category

Code: B11 - Education

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