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Ablelight Foundation Inc

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

EIN: 391336413 ✦ Watertown, WI ✦ Designated as a 501(c)(3)

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Overview

What is Ablelight Foundation Inc?

Ablelight Foundation Inc, based in Watertown, Wisconsin, serves as a charitable, religious, and educational organization. Its primary function involves managing, investing, and allocating endowment funds, gifts, grants, and bequests, adhering to donors' directions or conditions. These resources are primarily utilized to support Ablelight Inc of Watertown, Wisconsin, and its related charitable, religious, or educational initiatives and programs deemed appropriate by the foundation's board of directors. The foundation's exact mission and activities remain undisclosed in the provided information, as it refers to supplemental details in Schedule O.


Official website here: www.ablelight.org

Is Ablelight Foundation Inc legitimate?

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


Official website here: www.ablelight.org

What is the mission statement of Ablelight Foundation Inc?

The Ablelight Foundation Inc. serves as a charitable, religious, and educational organization. Its primary purpose is to manage, invest, and utilize endowment funds, gifts, grants, and bequests, subject to donors' directions or conditions. The main objective is to support Ablelight Inc. in Watertown, Wisconsin, as well as its related charitable, religious, or educational programs and activities, as deemed suitable and appropriate by the Foundation's board of directors. The Foundation's role is to ensure the maintenance and benefit of Ablelight Inc., thereby contributing to its ongoing operations.


Official website here: www.ablelight.org

Who is the CEO of Ablelight Foundation Inc?

Keith Jones is the Principal Officer of Ablelight Foundation Inc. The CEO's salary of Ablelight Foundation Inc is $0 and their total compensation is $319,807.


Official website here: www.ablelight.org

What is the revenue of Ablelight Foundation Inc?

Ablelight Foundation Inc's revenue in 2022 was $5,209,016.


Official website here: www.ablelight.org

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


Here are 13 key members and their salaries (Ablelight Foundation Inc's CEO's salary is $0 and their total compensation is $319,807):


Jeffrey Kaczmarski (Evp And Vp Legal)
  • Compensation: $0
  • Related: $365,386
  • Other: $12,326
David Sneddon (Chief Operating Officer)
  • Compensation: $0
  • Related: $348,977
  • Other: $21,381
Diane Ekstrand (Chief Human Resources Officer)
  • Compensation: $0
  • Related: $301,882
  • Other: $22,042
Dr Michael Thirtle (Former President And Ceo)
  • Compensation: $0
  • Related: $313,073
  • Other: $6,734
Thomas Campbell (Former Vp Real Estate)
  • Compensation: $0
  • Related: $293,150
  • Other: $19,742
Brian Savoie (Chief Financial Officer)
  • Compensation: $0
  • Related: $281,998
  • Other: $22,513
Cindy Moon-Mogush (Chief Marketing And Communications Officer)
  • Compensation: $0
  • Related: $275,637
  • Other: $19,742
Sri Nagarajan (Chief Technology & Innovation Officer)
  • Compensation: $0
  • Related: $258,276
  • Other: $1,812
Juli Frank (Vp Retail Operations)
  • Compensation: $0
  • Related: $209,022
  • Other: $8,866
Randall Odzer (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Malcolm Conner (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thor Misko (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Tyler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ablelight.org

Where can I find the form 990 for Ablelight Foundation Inc?

Ablelight Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ablelight.org

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

Mission Statement of Ablelight Foundation Inc

Ablelight Foundation Inc is a charitable, religious, and educational organization with a mission to collect, manage, invest, and utilize endowment funds and other donations, grants, and bequests. These funds are intended to support Ablelight Inc of Watertown, Wisconsin, as well as any suitable and appropriate charitable, religious, or educational programs or activities that the Foundation's board of directors deems fitting. The primary objective of Ablelight Foundation Inc is to provide financial support to Ablelight Inc and its related initiatives, ensuring their continued operation and growth.

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Impact




October, 2024

Ablelight Foundation Inc plays a vital role in enhancing the quality of life for individuals through its charitable, religious, and educational initiatives. By managing and investing endowment funds, as well as soliciting and allocating gifts, grants, and bequests, the Foundation supports a variety of programs and activities aimed at benefiting Ablelight Inc. in Watertown, Wisconsin.

The Foundation's impact is centered around its commitment to nurturing and maintaining programs that promote health and well-being. By funding initiatives that may include community services, educational opportunities, and resources for individuals, Ablelight Foundation Inc actively fosters an environment that prioritizes holistic care and support. This dedication to improving health and providing meaningful services not only enriches the lives of those it serves but also strengthens the fabric of the community in which they operate. Through its strategic allocation of resources, the Foundation ensures that essential services continue to thrive, making a lasting difference in the lives of many.




This information is meant to be a general summary of Ablelight 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
$5,209,016 (2022)
Expenses
$425,850 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,002,195
  • Gross Receipts: $7,431,288

Assets and Liabilities:

  • Total Assets: $111,508,964
  • Total Liabilities: $5,906,732
  • Net Assets: $105,602,232

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Organization Details

Founding Year

1979

Principal Officer

Keith Jones

Main Address

600 Hoffmann Dr, Watertown, WI, 53094

NTEE Category

Code: E110 - Health

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