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Clarinda Foundation Inc

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

EIN: 421285187 ✦ Clarinda, IA ✦ Designated as a 501(c)(3)

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Overview

What is Clarinda Foundation Inc?

The Clarinda Foundation Inc, located in Clarinda, Iowa, is a nonprofit organization with a mission to enhance the community by receiving donations and distributing funds to local organizations providing ongoing services. Their vision envisions a prosperous community filled with safe, thriving, and diverse individuals, supported by an active charitable sector. The foundation is dedicated to cultivating philanthropic resources, responding to changing community needs, and encouraging private giving for public good. With a team of three employees, they aim to serve as a catalyst and resource, providing flexible tax-exempt vehicles for donors with varied charitable interests and abilities. Their primary goal is to nourish a healthy and vibrant community in the greater Clarinda area, now and for future generations.


Official website here: www.clarindafoundation.com/

Is Clarinda Foundation Inc legitimate?

Clarinda Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clarinda 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: $33,475
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,719

For more financial information, click here


Official website here: www.clarindafoundation.com/

What is the mission statement of Clarinda Foundation Inc?

The Clarinda Foundation Inc envisions a prosperous community composed of safe, thriving, and diverse individuals, supported by an active charitable sector. This organization is dedicated to nourishing a healthy and vibrant community for all, now and in the future. The Clarinda Foundation encourages private giving for public good, builds and maintains permanent endowments to address evolving community needs, serves as a catalyst and resource to effectively respond to these needs, and provides flexible tax-exempt vehicles for donors with various charitable interests and giving abilities.


Official website here: www.clarindafoundation.com/

Who is the CEO of Clarinda Foundation Inc?

Rebecca Finch is the President of Clarinda Foundation Inc.


Official website here: www.clarindafoundation.com/

What is the revenue of Clarinda Foundation Inc?

Clarinda Foundation Inc's revenue in 2022 was $333,797.


Official website here: www.clarindafoundation.com/

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

The average compensation at Clarinda Foundation Inc during 2022 was $14,065. There are 3 employees at Clarinda Foundation Inc.


Here are 12 key members and their salaries:


Bobbie Jo Allbaugh (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Finch (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Wyman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Sperry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Alvarez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pallin Turner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Riedel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Brown (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Lisle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Varley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Walter (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luke Cox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.clarindafoundation.com/

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

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


Official website here: www.clarindafoundation.com/

Learn more at the official website: www.clarindafoundation.com/

Mission Statement of Clarinda Foundation Inc

The Clarinda Foundation, a dedicated nonprofit organization, envisions a prosperous community comprised of safe, thriving, and diverse individuals. This vision is underpinned by a robust charitable sector that is integral to the area's quality of life and encourages public involvement through philanthropy. The foundation's mission is to foster philanthropic resources that nourish a healthy and vibrant community for all residents of the greater Clarinda area, both now and in the future. The Clarinda Foundation is committed to encouraging private giving for public good, establishing and maintaining permanent endowments to address evolving community needs, serving as a catalyst and resource to effectively respond to community requirements, and providing tax-exempt vehicles for donors with diverse charitable interests and abilities to contribute.

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Impact




October, 2024

Clarinda Foundation Inc plays a vital role in enhancing the quality of life for the residents of Clarinda and the surrounding Southwest Iowa communities. By receiving donor contributions, it effectively distributes funds to local organizations that provide essential services, fostering a thriving and diverse population. The foundation is dedicated to promoting community preservation and supporting various projects that strengthen the social fabric of the area.

Through its commitment to cultivating philanthropic resources, Clarinda Foundation Inc addresses the evolving needs of the community, ensuring that support is available today and into the future. It serves as a catalyst for public involvement, motivating citizens to engage in philanthropy for the common good. By building and maintaining permanent endowments, the foundation ensures a sustainable response to changing community needs while providing flexible options for donors with diverse charitable interests. As a result, it nurtures a healthy and vibrant community, enriching the lives of all its members.




This information is meant to be a general summary of Clarinda 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
$333,797 (2022)
Expenses
$492,738 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $14,437
  • Program Service Revenue: $1,100
  • Gross Receipts: $333,797

Assets and Liabilities:

  • Total Assets: $5,691,346
  • Total Liabilities: $1,359
  • Net Assets: $5,689,987

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ADMIN FEES

Revenue

$1,100

Organization Details

Founding Year

1986

Principal Officer

Rebecca Finch

Main Address

114 E WASHINGTON ST, CLARINDA, IA, 51632

NTEE Category

Code: T22Z - Philanthropy

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