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The Fund For Covington Inc

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

EIN: 461870633 ✦ Covington, KY ✦ Designated as a 501(c)(3)

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Overview

What is The Fund For Covington Inc?

The Fund for Covington Inc, located at 20 West Pike Street, Covington, Kentucky, is a nonprofit organization committed to enhancing the resources available to the City of Covington's residents. By acting as a fiscal agent and partner, they aim to extend the city's capacity to serve its residents more effectively. Their philanthropic efforts extend to various community projects, such as supporting the Latino Center of NKY, sponsoring events like the Groundwell Summit and the Pride parade, and contributing to initiatives like Electric Alley and park benches. Their mission is to broaden access to resources for the community, making life better for its citizens.


Official website here: www.covingtonky.gov/government/boards-commissions/the-fund-for-covington-inc

Is The Fund For Covington Inc legitimate?

The Fund For Covington Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Fund For Covington 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.covingtonky.gov/government/boards-commissions/the-fund-for-covington-inc

What is the mission statement of The Fund For Covington Inc?

The Fund for Covington Inc's mission is centered around enhancing the capacity of a city to cater to its residents. They achieve this by serving as a fiscal agent and collaborator, facilitating the acquisition of resources to benefit the citizenry. This organization's primary goal is to expand the city's service capabilities, thereby improving the accessibility of resources for its residents. The Fund for Covington Inc has demonstrated its commitment to this mission through various contributions, such as donations to community initiatives and sponsorships for local events.


Official website here: www.covingtonky.gov/government/boards-commissions/the-fund-for-covington-inc

What is the revenue of The Fund For Covington Inc?

The Fund For Covington Inc's revenue in 2023 was $191,419.


Official website here: www.covingtonky.gov/government/boards-commissions/the-fund-for-covington-inc

Who are the executives of The Fund For Covington Inc and what are their salaries?

Here are 5 key members and their salaries:


Ken Smith (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Webb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Oldiges (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Holmes (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom West (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.covingtonky.gov/government/boards-commissions/the-fund-for-covington-inc

Where can I find the form 990EZ for The Fund For Covington Inc?

The Fund For Covington Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.covingtonky.gov/government/boards-commissions/the-fund-for-covington-inc

Mission Statement of The Fund For Covington Inc

The Fund for Covington Inc, as a dedicated organization, aims to enhance the capacity of the City of Covington to cater to its residents by amplifying the availability of resources. Acting as a fiscal agent and collaborator, the organization strives to mobilize resources for the benefit of the community. Its mission is centered around expanding the city's capabilities to serve its citizens more effectively, ensuring that essential resources are within reach for all residents. The Fund for Covington Inc serves as a bridge, partnering with various entities to maximize the impact of available resources, thereby contributing to a more enriched living environment for the community.

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Impact




October, 2024

The Fund for Covington, Inc. plays a pivotal role in enhancing the quality of life for residents of Covington, Kentucky, by expanding access to essential resources and fostering community engagement. Through its initiatives, the organization acts as a vital partner, leveraging funds and support to benefit citizens directly.

Significant contributions include donations to local organizations such as the Latino Center of NKY, which fosters cultural inclusion and support for the Latino community. The Fund has also sponsored impactful events like the Groundwell Summit, aimed at community development and engagement.

Moreover, the organization has invested in projects that enhance the public space, such as the Electric Alley project, which revitalizes urban areas to create welcoming environments for residents and visitors alike. Additionally, contributions to local infrastructure, including park benches, enrich recreational opportunities and promote community interaction.

The Fund for Covington also supports cultural events, exemplified by its sponsorship of the Pride Parade, reinforcing inclusivity and celebrating diversity within the community. Through these efforts, The Fund for Covington, Inc. significantly contributes to the growth and vibrancy of Covington, enhancing the services available to its residents and fostering a strong sense of community.




This information is meant to be a general summary of The Fund For Covington 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
$191,419 (2023)
Expenses
$75,770 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $198,019

Assets and Liabilities:

  • Total Assets: $63,791
  • Total Liabilities: $0
  • Net Assets: $63,791

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Organization Details

Founding Year

2012

Principal Officer

Ben Oldiges

NTEE Category

Code: N30 - Recreation

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