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Blank Park Endowment Corporation

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

EIN: 460705129 ✦ Des moines, IA ✦ Designated as a 501(c)(3)

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Overview

What is Blank Park Endowment Corporation?

The Blank Park Endowment Corporation is a nonprofit organization established to support and aid the Blank Park Zoo Foundation, Inc. Their primary focus is to collect donations, gifts, and funds to manage the Blank Park Zoo Endowment Fund. This corporation operates solely for the advantage of the Blank Park Zoo Foundation, contributing to its objectives and missions.

What are the reviews and ratings of this charity?

Charity Navigator Rating 94% - Four-Star out of Four Star rating

The Blank Park Endowment Corporation has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity's score is solely derived from its accountability and finance metrics, which are crucial indicators of transparency and effective management. With a score of 94%, the organization demonstrates a commitment to maintaining high standards in these areas.

One of the notable strengths of the Blank Park Endowment Corporation is its governance structure. The organization boasts a fully independent board, with 12 members, ensuring that decision-making is free from conflicts of interest. Additionally, the presence of comprehensive policies regarding conflict of interest, whistleblower protections, and document retention underscores its dedication to ethical practices.

Financially, the charity exhibits a robust program expense ratio of 92.87%, indicating that a significant portion of its funds is directed toward its programs rather than administrative overhead. The liability to assets ratio of just 2.16% further illustrates its financial health. Overall, the Blank Park Endowment Corporation presents a solid case for donor trust, though ongoing transparency and accountability will remain essential as it continues its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Blank Park Endowment Corporation legitimate?

Blank Park Endowment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blank Park Endowment Corporation 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 Blank Park Endowment Corporation?

The Blank Park Endowment Corporation was established to exclusively support and aid the Blank Park Zoo Foundation in carrying out its objectives. Its primary focus is on fundraising by soliciting and accepting contributions, gifts, and funds. These resources are then managed and administered as part of the Blank Park Zoo Endowment Fund. By providing financial assistance, the Blank Park Endowment Corporation plays a crucial role in enhancing the capabilities of the Blank Park Zoo Foundation. The ultimate goal is to ensure the ongoing success and effectiveness of the organization dedicated to preserving and promoting wildlife and education.

Who is the CEO of Blank Park Endowment Corporation?

Jim Hagenbucher is the Chairperson of Blank Park Endowment Corporation. The CEO's salary of Blank Park Endowment Corporation is $0 and their total compensation is $29,538.

What is the revenue of Blank Park Endowment Corporation?

Blank Park Endowment Corporation's revenue in 2022 was $487,434.

Who are the executives of Blank Park Endowment Corporation and what are their salaries?


Here are 17 key members and their salaries (Blank Park Endowment Corporation's CEO's salary is $0 and their total compensation is $29,538):


Jim Hagenbucher (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Kennedy (Immediate Past Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Smith (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Gustafson (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Prust (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Jaacks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Toby Joseph (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Irving (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rochelle Burnett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peg Armstrong-Gustafson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Schwarz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Whitaker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Karch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Henson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Vukovich (Director & Former Foundation Ceo)
  • Compensation: $0
  • Related: $28,604
  • Other: $934
Anne Shimerdla (Foundation Ceo)
  • Compensation: $0
  • Related: $138,872
  • Other: $12,396
Gary Tucker (Foundation Cfo)
  • Compensation: $0
  • Related: $70,905
  • Other: $8,376
Where can I find the form 990 for Blank Park Endowment Corporation?

Blank Park Endowment Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Blank Park Endowment Corporation

Blank Park Endowment Corporation, a nonprofit organization, was established with the sole intention of aiding and supporting the Blank Park Zoo Foundation, Inc. This corporation operates exclusively with the primary goal of soliciting and managing contributions, gifts, and funds to enhance the Blank Park Zoo Endowment Fund. The organization's mission is geared towards furthering the functions of the Blank Park Zoo Foundation, ensuring its long-term success and growth.

By providing essential financial resources, the Blank Park Endowment Corporation strengthens the Blank Park Zoo Foundation's capacity to carry out its purpose effectively. This collaboration ensures the ongoing success and sustainability of the Blank Park Zoo, allowing it to continue its mission of promoting wildlife conservation, education, and research. The endowment fund, managed by the corporation, acts as a financial safety net, ensuring the zoo's continued operation and success in the face of economic challenges.

Through its commitment to soliciting and managing contributions, the Blank Park Endowment Corporation plays a vital role in the Blank Park Zoo Foundation's mission. Its dedication to growing the endowment fund enables the foundation to invest in the zoo's infrastructure, programs, and initiatives, ultimately benefiting the community and the wildlife it cares for. The corporation acts as a steadfast partner, supporting the Blank Park Zoo Foundation in its efforts to inspire, educate, and engage the public in the preservation of wildlife and their habitats.

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Impact




October, 2024

The Blank Park Endowment Corporation significantly enhances the operations and sustainability of the Blank Park Zoo Foundation. By focusing on soliciting and accepting contributions, gifts, and funds, it plays a crucial role in administering the Blank Park Zoo Endowment Fund. This support ensures that the zoo can effectively carry out its mission, which includes the care and conservation of animals, educational programs for the community, and the preservation of wildlife.

Through the financial backing provided by the endowment, the corporation helps maintain and upgrade zoo facilities, fosters animal care and habitat enrichment, and supports various wildlife conservation initiatives. The impact is felt not just within the zoo but also throughout the Des Moines community, as educational programs and activities promote awareness about wildlife conservation and environmental stewardship. Overall, the Blank Park Endowment Corporation contributes significantly to the mission and vision of the Blank Park Zoo, ensuring that it can continue to inspire and educate future generations about the importance of animal preservation and environmental responsibility.




This information is meant to be a general summary of Blank Park Endowment Corporation. 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
$487,434 (2022)
Expenses
$509,143 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $404,642
  • Gross Receipts: $756,307

Assets and Liabilities:

  • Total Assets: $9,855,398
  • Total Liabilities: $225,946
  • Net Assets: $9,629,452

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Organization Details

Founding Year

2012

Principal Officer

Jim Hagenbucher

Main Address

7401 SW 9TH STREET, DES MOINES, IA, 50315

NTEE Category

Code: D115 - Animals

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