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Security Mutual Life Foundation

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

EIN: 453302040 ✦ Binghamton, NY ✦ Designated as a 501(c)(3)

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Overview

What is Security Mutual Life Foundation?

The Security Mutual Life Foundation, based in Binghamton, New York, is a charitable organization that aids financially distressed cancer patients and their families. Through their Sock Out Cancer initiative, they provide grants to hospital foundations and affiliated charitable organizations to cover non-medical expenses, such as food, transportation, and housing. By doing so, the foundation allows these individuals to focus on their health battles, rather than worrying about their basic needs. In addition to this financial assistance, the Security Mutual Life Foundation aims to raise public awareness about the financial challenges faced by cancer-affected families.


Official website here: www.sockoutcancer.org

What do the Facebook reviews say about Security Mutual Life Foundation?

92% of nine reviewers on Facebook recommend the Security Mutual Life Foundation. Here is a summary of their reviews:

The overwhelming sentiment among supporters highlights a strong belief in the foundation's mission, indicating that it addresses a cause that resonates widely with individuals. Many users express pride in being associated with the foundation, demonstrating a sense of community and collective responsibility.

Moreover, the positive remarks emphasize the foundation's impact, suggesting that it effectively engages its supporters and encourages participation. Overall, the reviews reflect a commitment to the cause and a shared enthusiasm for the initiatives championed by the foundation.


This AI summary has been generated from reviews found on Facebook.

Is Security Mutual Life Foundation legitimate?

Security Mutual Life Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Security Mutual Life 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


Official website here: www.sockoutcancer.org

What is the mission statement of Security Mutual Life Foundation?

The Security Mutual Life Foundation, through its Sock Out Cancer initiative, aims to assist financially distressed cancer patients and their families by covering non-medical expenses such as food, transportation, and housing. This initiative also works towards raising public awareness about the financial struggles that families facing cancer often encounter. To accomplish this, the foundation provides grants to hospital foundations and affiliated charitable organizations. These grants help alleviate the financial burden, allowing cancer patients to focus their energy on fighting the disease rather than managing their day-to-day needs.


Official website here: www.sockoutcancer.org

Who is the CEO of Security Mutual Life Foundation?

Kevin Mckeown is the Trustee of Security Mutual Life Foundation.


Official website here: www.sockoutcancer.org

What is the revenue of Security Mutual Life Foundation?

Security Mutual Life Foundation's revenue in 2022 was $276,496.


Official website here: www.sockoutcancer.org

Who are the executives of Security Mutual Life Foundation and what are their salaries?


Here are 6 key members and their salaries:


Bruce Boyea (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirk R Gravely (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Mckeown (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frederick L Wortman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ward (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey M Jacobs (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sockoutcancer.org

Where can I find the form 990 for Security Mutual Life Foundation?

Security Mutual Life Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sockoutcancer.org

Learn more at the official website: www.sockoutcancer.org

Mission Statement of Security Mutual Life Foundation

The Security Mutual Life Foundation, through their Sock Out Cancer initiative, aims to provide financial assistance to cancer patients and their families who are facing financial hardships. This aid is utilized to cover non-medical expenses such as food, transportation, and housing, allowing these individuals to focus their energy on battling their illness. Furthermore, the Sock Out Cancer initiative is also committed to raising public awareness about the financial difficulties that families affected by cancer often encounter. The foundation accomplishes this by providing grants to hospital foundations and affiliated charitable organizations to support these families in need.

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Impact




October, 2024

Security Mutual Life Foundation makes a significant impact through its Sock Out Cancer initiative, which focuses on alleviating the financial burdens faced by cancer patients and their families. By providing grants to hospital foundations and various charitable organizations, the foundation helps cover essential non-medical expenses such as food, transportation, and housing. This support enables patients to prioritize their health and dedicate their energy to fighting cancer rather than worrying about their financial difficulties. Additionally, the foundation plays a crucial role in raising public awareness about the economic challenges that families affected by cancer endure, fostering a community of understanding and support around this critical issue. Through these efforts, Security Mutual Life Foundation positively influences the lives of many individuals dealing with the hardships of cancer.




This information is meant to be a general summary of Security Mutual Life 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
$276,496 (2022)
Expenses
$381,770 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,224
  • Gross Receipts: $443,118

Assets and Liabilities:

  • Total Assets: $556,460
  • Total Liabilities: $15,837
  • Net Assets: $540,623

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Organization Details

Founding Year

2011

Principal Officer

Kevin Mckeown

Main Address

80 EXCHANGE STREET 2ND FLOOR MAILRO, BINGHAMTON, NY, 13901

NTEE Category

Code: T21 - Philanthropy

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