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Waterstone Supporting Org Trust 2

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

EIN: 454295983 ✦ Colorado springs, CO ✦ Designated as a 501(c)(3)

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Overview

What is Waterstone Supporting Org Trust 2?

Waterstone Supporting Org Trust 2 is a nonprofit organization primarily established to support the Christian Community Foundation, known as WaterStone, and other public charities. Its mission aligns with WaterStone's purpose by managing charitable contributions to bolster these organizations' initiatives. This foundation operates from Colorado Springs, Colorado, and its main goal is to strengthen the work of those organizations that share WaterStone's values and objectives. By receiving and managing contributions, Waterstone Supporting Org Trust 2 contributes to the broader mission of the Christian Community Foundation DBA WaterStone.

Is Waterstone Supporting Org Trust 2 legitimate?

Waterstone Supporting Org Trust 2 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waterstone Supporting Org Trust 2 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 Waterstone Supporting Org Trust 2?

Waterstone Supporting Org Trust 2's mission is to align with the purpose of Christian Community Foundation DBA WaterStone and other public charities. The primary objective is to receive and manage charitable contributions, ultimately supporting the ministries that share the same objectives as WaterStone. The foundation's role is to strengthen these organizations and further their work in the broader community. By doing so, it aims to contribute positively to the causes and initiatives that Christian Community Foundation DBA WaterStone is involved in. This approach allows Waterstone Supporting Org Trust 2 to effectively support its chosen charities and advance their respective missions.

Who is the CEO of Waterstone Supporting Org Trust 2?

Rick Vongnechten is the Trustee of Waterstone Supporting Org Trust 2.

What is the revenue of Waterstone Supporting Org Trust 2?

Waterstone Supporting Org Trust 2's revenue in 2022 was $5,584,910.

Who are the executives of Waterstone Supporting Org Trust 2 and what are their salaries?


Here are 3 key members and their salaries:


Rick Vongnechten (Trustee)
  • Compensation: $0
  • Related: $244,865
  • Other: $36,502
Chris Start (Trustee)
  • Compensation: $0
  • Related: $213,808
  • Other: $47,018
Richard Lavinski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Waterstone Supporting Org Trust 2?

Waterstone Supporting Org Trust 2's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Waterstone Supporting Org Trust 2

Waterstone Supporting Org Trust 2 is an organization with a mission to support the purpose of Christian Community Foundation DBA WaterStone. In simpler terms, this trust is established to aid and collaborate with Christian Community Foundation, known as WaterStone, and other public charities that align with WaterStone's objectives. The Foundation's role is to receive and manage charitable contributions, channeling them towards these aligned ministries to further their cause. This support can take various forms, such as funding, resources, or other forms of assistance, all aimed at advancing the goals of WaterStone and its partnering public charities.

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Impact




October, 2024

Waterstone Supporting Org Trust 2 plays a crucial role in enhancing the mission of the Christian Community Foundation, known as WaterStone. By receiving and managing charitable contributions, it strengthens various ministries and public charities aligned with WaterStone's objectives. This support not only aids in the financial sustainability of these organizations but also amplifies their impact in the community and beyond. The focus on facilitating charitable giving fosters a culture of philanthropy that enables numerous religious and community initiatives to thrive. Overall, the Trust contributes significantly to the advancement and outreach of mission-driven projects within the faith-based community.




This information is meant to be a general summary of Waterstone Supporting Org Trust 2. 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
$5,584,910 (2022)
Expenses
$719,123 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $744,064
  • Gross Receipts: $5,584,910

Assets and Liabilities:

  • Total Assets: $25,511,145
  • Total Liabilities: $0
  • Net Assets: $25,511,145

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Organization Details

Founding Year

2003

Principal Officer

Rick Vongnechten

Main Address

10807 New Allegiance Drive 240, Colorado Springs, CO, 80921

NTEE Category

Code: X11 - Religion related

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