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Bassett Foundation Inc

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

EIN: 470756046 ✦ Bassett, NE ✦ Designated as a 501(c)(3)

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Overview

What is Bassett Foundation Inc?

Bassett Foundation Inc is a nonprofit organization dedicated to bettering the community of Rock County. They achieve this through financial aid programs, offering low-interest loans and down payment assistance. Their primary mission is to stimulate economic growth and enhance community development for the locals. By providing such financial assistance, the foundation aims to make homeownership more accessible, thereby improving the overall well-being of the community.

Is Bassett Foundation Inc legitimate?

Bassett Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bassett Foundation Inc submitted a form 990EZ, 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.

What is the mission statement of Bassett Foundation Inc?

The Bassett Foundation Inc's mission is centered around community enhancement. They aim to accomplish this by providing low-interest loans and down payment assistance. This strategy is employed to foster economic development and encourage improvements within the community, particularly benefiting the citizens of Rock County.

Who is the CEO of Bassett Foundation Inc?

Cheryl Hart is the President of Bassett Foundation Inc.

What is the revenue of Bassett Foundation Inc?

Bassett Foundation Inc's revenue in 2020 was $8,554.

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


Here are 5 key members and their salaries:


Justin Blessin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristy Beard (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Turpin (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Hart (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Friedrich (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Bassett Foundation Inc?

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

Mission Statement of Bassett Foundation Inc

Bassett Foundation Inc is dedicated to the betterment of communities by offering low-interest loans and down payment assistance programs. The organization's mission is to stimulate economic development and enhance the living conditions of Rock County citizens. By providing these financial aid options, Bassett Foundation Inc aims to foster growth and improvement within the community, ultimately contributing to a more prosperous and thriving society.

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Impact




October, 2024

Bassett Foundation Inc significantly impacts the community by promoting economic development and enhancing the quality of life for Rock County citizens. Through its low-interest loans and down payment assistance programs, the foundation facilitates homeownership and alleviates financial barriers for residents. This not only fosters individual economic stability but also stimulates local growth, creating a more vibrant community. By focusing on community improvement, Bassett Foundation Inc plays a crucial role in empowering residents and encouraging sustainable development in the region.




This information is meant to be a general summary of Bassett 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
$8,554 (2020)
Expenses
$1,160 (2020)
Efficiency

Other financial information:

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

  • Investment Income: $1,179
  • Program Service Revenue: $3,980
  • Gross Receipts: $8,554

Assets and Liabilities:

  • Total Assets: $484,589
  • Total Liabilities: $259,748
  • Net Assets: $224,841

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Organization Details

Principal Officer

Cheryl Hart

Main Address

PO BOX 383, BASSETT, NE, 68714

NTEE Category

Code: T30 - Philanthropy

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