Springdale Endowment Foundation Inc

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

EIN: 391619202 ✦ Mount horeb, WI ✦ Designated as a 501(c)(3)

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Overview

What is Springdale Endowment Foundation Inc?

The Springdale Endowment Foundation Inc is a charitable organization situated in Mount Horeb, Wisconsin. Its primary purpose is to provide financial support to Springdale Lutheran Church through accounting expenses, demonstrating a strong connection to religious institutions. The foundation's mission is centered around addressing the financial needs of Springdale Lutheran Church, ensuring its continued operation and growth.

Is Springdale Endowment Foundation Inc legitimate?

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

The Springdale Endowment Foundation's mission is centered around providing financial support for Springdale Lutheran Church. In essence, the foundation aims to alleviate the church's financial needs, contributing to its overall stability and operations. This religious organization, based on the provided information, focuses its activities primarily on accounting expenses to support Springdale Lutheran Church.

Who is the CEO of Springdale Endowment Foundation Inc?

Sue Bakken is the President of Springdale Endowment Foundation Inc.

What is the revenue of Springdale Endowment Foundation Inc?

Springdale Endowment Foundation Inc's revenue in 2022 was $6,052.

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

There 7 volunteers at Springdale Endowment Foundation Inc.


Here are 7 key members and their salaries:


Sue Bakken (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Arnold (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marion Ringenberg (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqueline Sale (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherri Hefty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Laufenberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kay Midthun (Council Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Springdale Endowment Foundation Inc?

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

Mission Statement of Springdale Endowment Foundation Inc

Springdale Endowment Foundation is an organization dedicated to fulfilling the financial needs of Springdale Lutheran Church. Its primary mission revolves around providing essential financial support to the church, ensuring its sustained operation and growth. This nonprofit entity is instrumental in covering accounting expenses for Springdale Lutheran Church, thereby alleviating some of the financial burden and enabling the church to focus on its core religious activities. The Springdale Endowment Foundation plays a crucial role in supporting the church's financial well-being, thereby contributing to its overall success and continuity.

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Impact




October, 2024

Springdale Endowment Foundation Inc significantly impacts the financial stability of Springdale Lutheran Church in Mount Horeb, WI. By addressing accounting expenses and other financial needs, the foundation ensures that the church can focus on its mission and community engagement without the burden of financial instability. This support allows the church to allocate resources effectively towards religious services, community outreach, and fostering a welcoming environment for its congregation. The foundation plays a crucial role in sustaining the church's operations, ultimately enriching the spiritual and communal life of its members.




This information is meant to be a general summary of Springdale Endowment 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
$6,052 (2022)
Expenses
$300 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,052
  • Gross Receipts: $6,052

Assets and Liabilities:

  • Total Assets: $764,915
  • Total Liabilities: $0
  • Net Assets: $764,915

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Organization Details

Founding Year

1988

Principal Officer

Sue Bakken

Main Address

2752 Town Hall Road, Mount Horeb, WI, 53572

NTEE Category

Code: X22 - Religion related

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