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Simpson Foundation Inc

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

EIN: 383374978 ✦ Hillsdale, MI ✦ Designated as a 501(c)(3)

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Overview

What is Simpson Foundation Inc?

Simpson Foundation Inc., based in Hillsdale, Michigan, functions as a nonprofit organization, adhering to the guidelines set forth in Section 501(C)(3) of the Internal Revenue Code of 1986. Their primary objective is to support the Hillsdale County Community Foundation, channeling and managing resources to serve this particular community. By doing so, Simpson Foundation Inc. contributes to the betterment of the local area, fulfilling its mission to promote and encourage charitable activities within Hillsdale County.

Is Simpson Foundation Inc legitimate?

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

The Simpson Foundation Inc. is organized with the primary objective of managing funds under Section 501(C)(3) of the Internal Revenue Code of 1986. Its mission is to support the Hillsdale County Community Foundation specifically. The foundation's role is to receive and manage these funds, contributing to causes that align with the guidelines set forth in Section 501(C)(3). The Simpson Foundation Inc. is dedicated to enhancing the community in Hillsdale County through the strategic administration of these funds.

Who is the CEO of Simpson Foundation Inc?

Sharon Bisher is the Vice Chair of Simpson Foundation Inc. The CEO's salary of Simpson Foundation Inc is $0 and their total compensation is $0.

What is the revenue of Simpson Foundation Inc?

Simpson Foundation Inc's revenue in 2023 was $254,348.

Who are the executives of Simpson Foundation Inc and what are their salaries?


Here are 15 key members and their salaries (Simpson Foundation Inc's CEO's salary is $0 and their total compensation is $0):


Gary Beach (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Draper (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Flannery (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karlye Horton (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Jordan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Lantis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zach Miller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trent Morris (Member At La)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abigail Nevins (Youth Truste)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Nevins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck North (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Roberts (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maxine Vanlerberg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Bisher (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Simpson Foundation Inc?

Simpson Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Simpson Foundation Inc

The Simpson Foundation Inc is an established organization, dedicated to supporting the Hillsdale County Community Foundation. Its mission, as outlined in Section 501(C)(3) of the Internal Revenue Code of 1986, is to administer funds exclusively for this purpose. The foundation's role is to contribute to the betterment of its community by channeling resources towards the Hillsdale County Community Foundation's initiatives. By doing so, the Simpson Foundation Inc aims to make a significant impact in its community, contributing to its overall development and well-being.

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Impact




October, 2024

Simpson Foundation Inc significantly enhances the Hillsdale County community by managing and distributing funds that support local initiatives and the Hillsdale County Community Foundation. Through its organized efforts, it facilitates philanthropic activities, ensuring that financial resources are effectively allocated to various projects and programs that benefit the community. This support fosters growth, development, and the overall well-being of Hillsdale County residents, creating a positive impact in areas such as education, health, and social services. By nurturing these initiatives, Simpson Foundation Inc contributes to the prosperity and resilience of the local community.




This information is meant to be a general summary of Simpson Foundation Inc. 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
$254,348 (2023)
Expenses
$338,115 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $254,348
  • Gross Receipts: $1,445,093

Assets and Liabilities:

  • Total Assets: $8,026,714
  • Total Liabilities: $0
  • Net Assets: $8,026,714

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Organization Details

Founding Year

1997

Principal Officer

Sharon Bisher

Main Address

PO BOX 276, HILLSDALE, MI, 49242

NTEE Category

Code: T70I - Philanthropy

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