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The Freedom Foundation

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

EIN: 463280693 ✦ Cedar rapids, IA ✦ Designated as a 501(c)(3)

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Overview

What is The Freedom Foundation?

The Freedom Foundation is a nonprofit organization situated in Cedar Rapids, Iowa, specifically at 4001 Center Point Rd NE. They primarily cater to the needs of active duty, reserve, and honorably discharged military veterans. This organization serves as a platform for veterans to connect with each other, fostering camaraderie they experienced while serving the country. The Freedom Foundation diligently collaborates with other organizations to provide various forms of assistance to veterans, including lodging, food, transportation, and medical support, both physical and mental. Their center acts as a resource hub, offering guidance to help veterans navigate their individual needs. The foundation also offers emergency financial assistance for various necessities such as rent, utilities, medical expenses, and transportation, helping 87 veterans in 2022.


Official website here: www.usfreedomfoundation.org

Is The Freedom Foundation legitimate?

The Freedom Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Freedom Foundation 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: $54,919
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.usfreedomfoundation.org

What is the mission statement of The Freedom Foundation?

The Freedom Foundation serves the needs of active duty, reserve, and honorably discharged military veterans. It offers a space for veterans to connect with their fellow service members, fostering a sense of camaraderie. The organization diligently works with various organizations to assist veterans with various needs, such as lodging, food, transportation, financial aid, and medical assistance, both physical and mental. The Freedom Foundation's center serves as a resource center, providing guidance to help veterans navigate the best path for their individual needs. The organization strives to build strong, trusting relationships and provide an emotional safety net for all veterans.


Official website here: www.usfreedomfoundation.org

Who is the CEO of The Freedom Foundation?

Lexi Coberly is the Executive Director of The Freedom Foundation.


Official website here: www.usfreedomfoundation.org

What is the revenue of The Freedom Foundation?

The Freedom Foundation's revenue in 2022 was $344,359.


Official website here: www.usfreedomfoundation.org

Who are the executives of The Freedom Foundation and what are their salaries?

There 195 volunteers at The Freedom Foundation.


Here are 11 key members and their salaries:


Lexi Coberly (Executive Director)
  • Compensation: $54,919
  • Related: $0
  • Other: $0
Jim Neal (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Jensen (Board Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Lambert (Secretary (Until 11/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Eschen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Brant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derrick Claye (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Dlouhy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alicia Faust (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Klein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Wheeler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.usfreedomfoundation.org

Where can I find the form 990 for The Freedom Foundation?

The Freedom Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.usfreedomfoundation.org

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

Mission Statement of The Freedom Foundation

The Freedom Foundation serves the needs of active duty, reserve, and honorably discharged military veterans. Its mission is twofold. Firstly, it provides a platform for veterans to connect with their fellow servicemen and women, fostering a sense of camaraderie that they shared during their dedicated service to the country. Secondly, the organization diligently works with both its own resources and other organizations to assist veterans with various necessities, including lodging, food, transportation, financial aid, and medical care, both physical and mental. The Freedom Foundation's center serves as a resource center, offering guidance to help veterans navigate the best path for their individual needs. The organization strives to build close, personal relationships, trust, and an emotional safety net with all its veterans.

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Impact




October, 2024

The Freedom Foundation significantly impacts the lives of active duty, reserve, and honorably discharged military veterans by offering comprehensive support tailored to their unique needs. This organization creates a welcoming environment where veterans can engage with one another, fostering camaraderie reminiscent of their service experiences.

The foundation addresses key challenges faced by veterans, such as housing instability and financial hardships, through its Veterans Emergency Assistance Program. This initiative provided emergency support to 87 veterans in 2022, helping with essential needs like rent, utility bills, medical transportation, auto repairs, and more. Such assistance not only prevents eviction but also alleviates the financial stress that often accompanies post-military life.

Furthermore, The Freedom Foundation plays a crucial role in establishing a resource center that guides veterans in navigating various services available to them. It emphasizes building interpersonal relationships and trust, creating an emotional safety net for veterans who may be facing difficulties adjusting to civilian life. By connecting veterans with necessary resources like food, lodging, and medical assistance, The Freedom Foundation fosters a supportive community that prioritizes their well-being.




This information is meant to be a general summary of The Freedom Foundation. 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
$344,359 (2022)
Expenses
$191,825 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $648
  • Gross Receipts: $346,593

Assets and Liabilities:

  • Total Assets: $803,094
  • Total Liabilities: $0
  • Net Assets: $803,094

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Organization Details

Founding Year

2013

Principal Officer

Lexi Coberly

Main Address

4001 CENTER POINT RD NE, CEDAR RAPIDS, IA, 52402

NTEE Category

Code: P50 - Human services

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