Overview
What is Nebraska Trucking Foundation Inc?
Nebraska Trucking Foundation Inc, situated in Lincoln, Nebraska, is a nonprofit organization dedicated to supporting the motor carriers industry. Their primary activities include offering scholarships and grants to individuals or organizations involved in this sector. The foundation's mission is to enhance and promote programs related to the motor carriers industry, aiming to contribute positively to its development and growth.
Official website here: www.nebtrucking.com/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating
The Nebraska Trucking Foundation Inc has achieved a remarkable 97% rating from Charity Navigator, which reflects its strong performance in accountability and finance. This four-star rating is based entirely on a single beacon score, highlighting the organization’s commitment to transparency and responsible financial management.
The foundation exhibits solid governance with a fully independent board of directors, ensuring unbiased decision-making. Critical policies regarding conflict of interest, whistleblower protections, and document retention are in place, demonstrating a comprehensive approach to ethical operations. Additionally, the organization maintains a high program expense ratio of 75.14%, indicating that a significant portion of its budget is directed towards programs rather than administrative costs.
Despite its impressive rating and strengths, potential donors may want to consider that the foundation’s score is derived solely from financial metrics. While financial accountability is crucial, additional insights into the foundation's impact and program effectiveness would provide a more complete picture of its overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Nebraska Trucking Foundation Inc legitimate?
Nebraska Trucking Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nebraska Trucking 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.nebtrucking.com/foundation
What is the mission statement of Nebraska Trucking Foundation Inc?
The Nebraska Trucking Foundation Inc is committed to supporting programs related to the motor carriers industry. Its mission, as stated, is to offer assistance through scholarships and grants for this particular sector. The foundation's activities are geared towards enhancing the motor carriers industry by providing necessary resources. While the specifics of these programs are not detailed in the provided information, it's clear that the foundation aims to contribute positively to this industry's growth and development.
Official website here: www.nebtrucking.com/foundation
Who is the CEO of Nebraska Trucking Foundation Inc?
Wm Lee Merritt is the Chairman of Nebraska Trucking Foundation Inc.
Official website here: www.nebtrucking.com/foundation
What is the revenue of Nebraska Trucking Foundation Inc?
Nebraska Trucking Foundation Inc's revenue in 2022 was $47,222.
Official website here: www.nebtrucking.com/foundation
Who are the executives of Nebraska Trucking Foundation Inc and what are their salaries?
There 10 volunteers at Nebraska Trucking Foundation Inc.
Here are 8 key members and their salaries:
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- Related: $168,500
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Official website here: www.nebtrucking.com/foundation
Where can I find the form 990 for Nebraska Trucking Foundation Inc?
Nebraska Trucking Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nebtrucking.com/foundation
Learn more at the official website: www.nebtrucking.com/foundation
Mission Statement of Nebraska Trucking Foundation Inc
Nebraska Trucking Foundation Inc is dedicated to supporting programs related to the motor carriers industry. Their mission, in simple terms, is to provide assistance and resources to this specific sector. This support comes in various forms, such as scholarships and grants, aimed at bolstering the motor carriers industry. By providing these resources, Nebraska Trucking Foundation Inc contributes to the overall strength and development of this industry, ensuring its continued growth and success.
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Impact
October, 2024
Nebraska Trucking Foundation Inc significantly impacts the motor carriers industry by providing essential support through various programs. It focuses on enhancing educational opportunities and workforce development within the sector. By offering scholarships and grants, the foundation helps cultivate a skilled workforce that is vital for the industry's growth and sustainability. Located in Lincoln, Nebraska, its mission is centered on fostering a strong connection to the motor carriers industry, ensuring that individuals have access to resources that promote career advancement and industry knowledge. This commitment to education not only benefits individuals but also strengthens the overall industry, contributing to its ongoing success and innovation.
This information is meant to be a general summary of Nebraska Trucking 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $46,307
- Gross Receipts: $47,222
Assets and Liabilities:
- Total Assets: $949,082
- Total Liabilities: $12,000
- Net Assets: $937,082
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Organization Details
Founding Year
1981
Phone
(402) 476-8504Principal Officer
Wm Lee Merritt
Main Address
1701 K ST, LINCOLN, NE, 68508
NTEE Category
Code: B99 - Education
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