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Strattec Foundation Inc

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

EIN: 391890894 ✦ Milwaukee, WI ✦ Designated as a 501(c)(3)

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Overview

What is Strattec Foundation Inc?

The Strattec Foundation is a public charitable organization, managed by Ken Robertson, situated in Milwaukee, Wisconsin. Despite having relatively modest revenues of $55,712 last year, the foundation remains active in its mission. The specific activities or mission of the Strattec Foundation, however, are not explicitly provided in the information and are indicated as "See Schedule O," suggesting further details may be available in additional documentation.

Is Strattec Foundation Inc legitimate?

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

The Strattec Foundation, functioning as a public entity, is dedicated to its mission. Although the specific details of its objectives are not provided, the foundation generates revenue to support various initiatives. The Strattec Foundation, while not disclosing its exact purpose, contributes financially to various causes, as indicated by its annual revenue of $55,712. The nature of these causes remains undisclosed, suggesting a broad scope of support.

Who is the CEO of Strattec Foundation Inc?

Ken Robertson is the President of Strattec Foundation Inc.

What is the revenue of Strattec Foundation Inc?

Strattec Foundation Inc's revenue in 2022 was $55,712.

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


Here are 7 key members and their salaries:


Frank Krejci (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick J Hansen (Vp/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Mellowes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blaine Rieke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cecelia Gore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Robertson (Assistant Treasurer)
  • Compensation: $0
  • Related: $214,320
  • Other: $28,654
Ellen Gilligan (Secretary)
  • Compensation: $0
  • Related: $335,274
  • Other: $67,319
Where can I find the form 990 for Strattec Foundation Inc?

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

Mission Statement of Strattec Foundation Inc

The Strattec Foundation, guided by Ken Robertson, serves as a public foundation. While the specific activities or mission of the foundation are not explicitly stated in the given information, the text mentions that it operates with a total revenue of $55,712 last year. This suggests that the Strattec Foundation is engaged in some form of charitable or philanthropic work, contributing to its community or causes it supports. However, the details of this work remain undefined, as the information provided is limited. Consequently, a more comprehensive understanding of the Strattec Foundation's mission cannot be ascertained from the given data.

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Impact




October, 2024

Strattec Foundation Inc plays a crucial role in enhancing the community and supporting various philanthropic efforts within Milwaukee, WI. Through its activities, the foundation aims to address local needs and foster positive change by generating financial resources that can be directed to important initiatives. With total revenues of $55,712 last year, its contributions can significantly impact local programs, services, and organizations, promoting overall community development. The foundation's oversight under Ken Robertson further ensures a strategic approach to addressing philanthropic goals and maximizing benefits for those it serves.




This information is meant to be a general summary of Strattec 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
$55,712 (2022)
Expenses
$198,710 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $55,712
  • Gross Receipts: $536,248

Assets and Liabilities:

  • Total Assets: $1,805,582
  • Total Liabilities: $0
  • Net Assets: $1,805,582

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Organization Details

Founding Year

2001

Principal Officer

Ken Robertson

Main Address

101 W PLEASANT 210, MILWAUKEE, WI, 53212

NTEE Category

Code: T22Z - Philanthropy

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