Evergreen Foundation Inc

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

EIN: 391388991 ✦ Oshkosh, WI ✦ Designated as a 501(c)(3)

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Overview

What is Evergreen Foundation Inc?

Evergreen Foundation Inc is a charitable organization based in Oshkosh, Wisconsin, dedicated to supporting the Evergreen Retirement Community's vision of offering enriching experiences and choices to its residents. They achieve this goal through various means, including charitable contributions, leave a legacy designations, and volunteer involvement. The foundation's role is primarily to utilize and secure resources in support of the Evergreen Retirement Community, enhancing living environments, experiences, and activities for its residents. It also administers and invests funds, as well as disburses payments for specific projects or needs on behalf of the retirement community.


Official website here: www.evergreenoshkosh.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88% (Three-Star out of Four Star rating)

Evergreen Foundation Inc has received a solid Three-Star rating from Charity Navigator, with a score of 88%. This rating reflects strong accountability and financial practices, which are vital for nonprofit organizations. The charity scored particularly high in areas such as independent board membership and financial oversight, showcasing its commitment to transparency and ethical governance.

The foundation demonstrates an effective use of its resources, with a program expense ratio of 75.01%. This indicates that a significant portion of its funds is allocated directly to program activities rather than administrative costs. The organization also maintains a clean record regarding asset management, with no material diversions noted in the most recent fiscal year.

However, there are areas where Evergreen Foundation Inc could improve, particularly in its governance policies. The absence of a whistleblower policy and a document retention and destruction policy were noted, which might limit its overall accountability framework. Addressing these gaps could enhance its operational integrity and public trust.


This AI summary has been generated from information found on Charity Navigator.

Is Evergreen Foundation Inc legitimate?

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

What is the mission statement of Evergreen Foundation Inc?

The Evergreen Foundation Inc's primary mission is to support the vision of the Evergreen Retirement Community. This is achieved by receiving donations, fundraising for specific projects or needs, managing and investing funds, and making payments on behalf of the community. The foundation contributes to enhancing the living experiences and environments for the community's residents by providing dignified care, comfort, and security. It also aids in improving the activities and programs enjoyed by the residents.

In essence, the Evergreen Foundation Inc works towards realizing the Evergreen Retirement Community's vision of being a vibrant community offering a rich array of programs, services, and environments for its residents, thereby enriching their lives. This is accomplished through charitable contributions, legacies, and volunteer involvement.


Official website here: www.evergreenoshkosh.com

Who is the CEO of Evergreen Foundation Inc?

Kenneth A Arneson is the Principal Officer of Evergreen Foundation Inc. The CEO's salary of Evergreen Foundation Inc is $0 and their total compensation is $282,435.


Official website here: www.evergreenoshkosh.com

What is the revenue of Evergreen Foundation Inc?

Evergreen Foundation Inc's revenue in 2022 was $1,740,291.


Official website here: www.evergreenoshkosh.com

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

There 8 volunteers at Evergreen Foundation Inc.


Here are 10 key members and their salaries (Evergreen Foundation Inc's CEO's salary is $0 and their total compensation is $282,435):


Mary Hansen (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vicki Tessmer (Secretary)
  • Compensation: $0
  • Related: $34,431
  • Other: $19,640
Wayne Oehler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Schorse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Wintheiser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Propp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Filipova (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barb Knutzen (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Arneson (President/Ceo)
  • Compensation: $0
  • Related: $266,169
  • Other: $16,266
Billie Jo Higgins (Vp Finance And Is/Treasure)
  • Compensation: $0
  • Related: $156,404
  • Other: $9,555


Official website here: www.evergreenoshkosh.com

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

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


Official website here: www.evergreenoshkosh.com

Learn more at the official website: www.evergreenoshkosh.com

Mission Statement of Evergreen Foundation Inc

Evergreen Foundation Inc, in its mission, aims to utilize and secure resources in support of Evergreen Retirement Community's vision. This nonprofit organization receives gifts and bequests, raises funds for specific projects or needs, administers and invests funds, and makes payments on behalf of Evergreen Retirement Community Inc. The primary objective of Evergreen Foundation Inc is to enhance the living experiences and environments offered to its residents, providing them with dignity, comfort, and security. Through charitable contributions, leave a legacy designations, and volunteer involvement, the foundation contributes significantly to realizing Evergreen Retirement Community's vision of being a vibrant community that offers a rich array of life experiences, programs, services, and choices for its residents.

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Impact




July, 2024

Evergreen Foundation Inc's impact is felt through its unwavering support of the Evergreen Retirement Community's vision to create a vibrant community that offers rich life experiences and choices in programs, services, and environments for those it serves. By using and securing resources through charitable contributions, leave a legacy designations, and volunteer involvement, the Evergreen Foundation plays a crucial role in providing dignity, comfort, and security for those who call Evergreen home. Additionally, they enhance the living environments and experiences offered to residents and support the activities that residents enjoy. Through their mission-driven work, Evergreen Foundation positively influences the lives of those within the Evergreen Retirement Community in Oshkosh, WI.




This information is meant to be a general summary of Evergreen 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
$1,740,291 (2022)
Expenses
$1,029,959 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $985,483
  • Gross Receipts: $7,215,594

Assets and Liabilities:

  • Total Assets: $19,987,827
  • Total Liabilities: $121,329
  • Net Assets: $19,866,498

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Organization Details

Founding Year

1981

Principal Officer

Kenneth A Arneson

Main Address

1130 NORTH WESTFIELD STREET, OSHKOSH, WI, 549023217

NTEE Category

Code: T00 - Philanthropy

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