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Traer Community Foundation

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

EIN: 421366419 ✦ Traer, IA ✦ Designated as a 501(c)(3)

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Overview

What is Traer Community Foundation?

The Traer Community Foundation is a nonprofit organization situated in Traer, Iowa. Its primary objective is to collect and manage property for charitable, educational, cultural, or benevolent purposes, ultimately aiming to improve the well-being of residents within the Traer metropolitan area. The organization's main function involves accepting and utilizing property donations to further enrich the quality of life in the area.

Is Traer Community Foundation legitimate?

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

The Traer Community Foundation's primary role is to receive and accept property for noble purposes. Its mission is geared towards enhancing the quality of life in its community by dedicating these resources to educational, cultural, charitable, or benevolent causes. The foundation operates with the objective of benefitting the residents of the Traer metropolitan area. It accomplishes this by utilizing the received property for initiatives that align with these purposes, thereby contributing positively to the community.

Who is the CEO of Traer Community Foundation?

Don Stansbery is the Director of Traer Community Foundation.

What is the revenue of Traer Community Foundation?

Traer Community Foundation's revenue in 2022 was $91,515.

Who are the executives of Traer Community Foundation and what are their salaries?


Here are 7 key members and their salaries:


Val Bradley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Panfil (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Hulme (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Podhajsky (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Stansbery (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darlys Hulme (Trust Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Reinders (Secretary/Legal Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Traer Community Foundation?

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

Mission Statement of Traer Community Foundation

Traer Community Foundation, as an organization, is dedicated to accepting and receiving property for the betterment of its community. Its most significant activity involves accepting property solely for educational, cultural, charitable, or benevolent purposes. The primary aim of this foundation is to enhance the quality of life in the area it serves, benefiting the residents of the Traer metropolitan area. By accepting and utilizing property in this manner, Traer Community Foundation plays a crucial role in uplifting its community, fostering growth and development in various sectors.

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Impact




October, 2024

The Traer Community Foundation significantly enhances the quality of life for residents in the Traer, Iowa metropolitan area by receiving and managing property for educational, cultural, charitable, and benevolent purposes. Its activities focus on benefiting the community, contributing to a stronger and more vibrant environment for all residents. Through its initiatives, the Foundation fosters local development, supports various community programs, and promotes cultural enrichment, ultimately strengthening community ties and improving the overall well-being of its residents.




This information is meant to be a general summary of Traer Community Foundation. 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
$91,515 (2022)
Expenses
$86,686 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $55,258
  • Gross Receipts: $262,979

Assets and Liabilities:

  • Total Assets: $1,965,912
  • Total Liabilities: $0
  • Net Assets: $1,965,912

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Organization Details

Founding Year

1990

Principal Officer

Don Stansbery

Main Address

611 SECOND STREET, TRAER, IA, 50675

NTEE Category

Code: T31 - Philanthropy

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