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Toledo Urban Foundation Inc

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

EIN: 454650966 ✦ Toledo, OH ✦ Designated as a 501(c)(3)

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Overview

What is Toledo Urban Foundation Inc?

Toledo Urban Foundation Inc is a community development credit union situated in the heart of Toledo, Ohio, specifically at 1441 Dorr Street. Their primary mission is to serve low to moderate income individuals residing in central Toledo. By operating as a credit union, they provide essential financial services, seeking to uplift and empower the local community through economic opportunities.

Is Toledo Urban Foundation Inc legitimate?

Toledo Urban Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Toledo Urban 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

What is the mission statement of Toledo Urban Foundation Inc?

The Toledo Urban Foundation Inc. is committed to establishing a community development credit union that caters to individuals with moderate to low income residing in central Toledo. The primary mission of this organization is to provide financial services that empower and uplift this demographic, thereby contributing to the overall development of the community. By operating as a credit union, the foundation aims to offer affordable and accessible financial solutions, promoting financial inclusion and economic mobility for its members. The institution's activities are focused on serving the financial needs of this specific income group, thereby contributing to their financial stability and overall well-being.

Who is the CEO of Toledo Urban Foundation Inc?

Suzette Cowell is the Board Member of Toledo Urban Foundation Inc.

What is the revenue of Toledo Urban Foundation Inc?

Toledo Urban Foundation Inc's revenue in 2020 was $7.

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


Here are 7 key members and their salaries:


James Weber (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Cantrell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Killian (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzetter Cowell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Lavalley Jr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Beyer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frances Smith (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Toledo Urban Foundation Inc?

Toledo Urban Foundation Inc's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Toledo Urban Foundation Inc

Toledo Urban Foundation Inc, as a community development credit union, is dedicated to serving low to moderate income individuals in central Toledo. The nonprofit's mission is centered around providing financial and economic opportunities to this specific demographic, aiming to foster growth and improve their livelihoods. By operating as a credit union, Toledo Urban Foundation Inc offers a range of financial services, including loans, savings accounts, and other banking solutions, tailored to the needs of its members. The organization's mission is essential in promoting financial stability and empowering individuals in central Toledo, contributing to the overall development of the community.

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Impact




October, 2024

Toledo Urban Foundation Inc makes a significant impact by providing essential financial services through a community development credit union tailored for low to moderate income individuals in Central Toledo. By targeting this demographic, the foundation addresses critical barriers to financial access, empowering residents with the tools they need to achieve economic stability and growth.

The credit union facilitates financial literacy, savings, and access to affordable loans, helping community members build credit, manage their finances effectively, and work towards their financial goals. This not only enhances individual economic empowerment but also fosters broader community development by promoting financial inclusion.

By concentrating its efforts in Central Toledo, the foundation contributes to revitalizing the local economy, strengthening social ties, and improving overall quality of life for those it serves. Through these initiatives, Toledo Urban Foundation Inc plays a vital role in creating a vibrant and resilient community.




This information is meant to be a general summary of Toledo Urban 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
$7 (2020)
Expenses
$323,433 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $7

Assets and Liabilities:

  • Total Assets: $12
  • Total Liabilities: $0
  • Net Assets: $12

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Organization Details

Founding Year

2012

Principal Officer

Suzette Cowell

Main Address

1441 DORR STREET, TOLEDO, OH, 43607

NTEE Category

Code: W11 - Public benefit

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