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Hanscom Fcu Charitable Foundation Inc

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

EIN: 454352496 ✦ Littleton, MA ✦ Designated as a 501(c)(3)

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Overview

What is Hanscom Fcu Charitable Foundation Inc?

Hanscom Federal Credit Union Charitable Foundation Inc, located at 25 Porter Road, Littleton, Massachusetts, is a nonprofit organization dedicated to supporting veteran programs. Their mission involves raising funds through various activities and utilizing both human and financial resources to make a significant impact in the community. The foundation guarantees that 100% of the proceeds received will go directly towards their causes, as they do not deduct any administrative expenses. Volunteer time and services are also donated to further their cause.


Official website here: www.hfcucharity.org

Is Hanscom Fcu Charitable Foundation Inc legitimate?

Hanscom Fcu Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hanscom Fcu Charitable 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


Official website here: www.hfcucharity.org

What is the mission statement of Hanscom Fcu Charitable Foundation Inc?

The Hanscom Federal Credit Union Charitable Foundation's mission is centered around providing aid, leveraging both financial and human resources. Their primary goal is to offer assistance where it can make the most significant impact in the community. Notably, the foundation ensures that 100% of the proceeds they receive are directly distributed for their intended purposes, without any deductions for administrative expenses. Additionally, they contribute their time and services to their charitable initiatives. The foundation has demonstrated this commitment by raising funds for various veteran programs through various fundraising activities.


Official website here: www.hfcucharity.org

Who is the CEO of Hanscom Fcu Charitable Foundation Inc?

Peter Rice is the Executive Director of Hanscom Fcu Charitable Foundation Inc.


Official website here: www.hfcucharity.org

What is the revenue of Hanscom Fcu Charitable Foundation Inc?

Hanscom Fcu Charitable Foundation Inc's revenue in 2022 was $292,164.


Official website here: www.hfcucharity.org

Who are the executives of Hanscom Fcu Charitable Foundation Inc and what are their salaries?

There 10 volunteers at Hanscom Fcu Charitable Foundation Inc.


Here are 9 key members and their salaries:


Teresa Conrad (Chairperson Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Sprague (Vice Chairman Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Broda (Treasure Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Pronchick (Secretary Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Detora (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Rice (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Houle (Accountant)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Potter (Coo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Mooney (Social Responsibility Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hfcucharity.org

Where can I find the form 990 for Hanscom Fcu Charitable Foundation Inc?

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


Official website here: www.hfcucharity.org

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

Mission Statement of Hanscom Fcu Charitable Foundation Inc

Hanscom FCU Charitable Foundation Inc is committed to making a positive impact in the community by distributing 100% of the proceeds it raises, without any deductions for administrative expenses. This charitable organization focuses on leveraging both human and financial resources to offer assistance where it can make the most significant difference. The foundation's mission is to donate its time and services, in addition to financial contributions, towards improving the well-being of the community. By prioritizing the distribution of all funds received, Hanscom FCU Charitable Foundation Inc demonstrates its dedication to supporting various causes and veterans' programs through a variety of fundraising activities.

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Impact




October, 2024

Hanscom FCU Charitable Foundation Inc has a significant impact on the community, particularly in supporting veteran programs. By effectively marshaling both human and financial resources, the foundation undertakes a variety of fundraising activities designed to raise money for those in need. Their commitment to distributing 100% of proceeds ensures that every dollar raised directly benefits community initiatives, without administrative costs siphoning off funds.

Through its efforts, the foundation not only provides financial assistance but also fosters a spirit of community service, as time and services are donated by volunteers. This holistic approach amplifies the effectiveness of their contributions, allowing them to do the most good in areas of high need. The result is a strengthened community, especially for veterans, who receive the support and resources necessary for reintegration and stability.




This information is meant to be a general summary of Hanscom Fcu Charitable 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
$292,164 (2022)
Expenses
$323,500 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $369,611

Assets and Liabilities:

  • Total Assets: $166,540
  • Total Liabilities: $5,900
  • Net Assets: $160,640

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Organization Details

Founding Year

2012

Principal Officer

Peter Rice

Main Address

25 Porter Road, Littleton, MA, 01460

NTEE Category

Code: T123 - Philanthropy

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