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Lexington Community Foundation

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

EIN: 470794760 ✦ Lexington, NE ✦ Designated as a 501(c)(3)

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Overview

What is Lexington Community Foundation?

The Lexington Community Foundation is a charitable organization, established with the purpose of improving living, working, educational, and economic conditions in Dawson County, Nebraska, and its surrounding areas. This nonprofit, headquartered in Lexington, NE, primarily focuses on assisting and providing relief to its community members, irrespective of race, color, or creed. The foundation achieves its goals through grant distribution to local community and charitable organizations. Furthermore, it engages volunteers to support its fundraising activities. With a modest team of two dedicated individuals, the Lexington Community Foundation strives to contribute to the overall well-being of its community.


Official website here: www.lexfoundation.org

What do the Facebook reviews say about Lexington Community Foundation?

100% of 15 reviewers on Facebook recommend the Lexington Community Foundation. Here is a summary of their reviews:

Supporters express their enthusiasm for the foundation, highlighting it as a meaningful avenue to contribute positively to the community. The consensus indicates that the organization successfully facilitates impactful initiatives that benefit the town and its residents.

Overall, the sentiment is overwhelmingly positive, with users appreciating the chance to engage with and support a nonprofit that aligns closely with their community values. The foundation appears to effectively deliver on its mission, fostering satisfaction among those involved.


This AI summary has been generated from reviews found on Facebook.

Is Lexington Community Foundation legitimate?

Lexington Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lexington Community 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: $102,564
Professional Fundraising Fees: $0
Other Salaries and Wages: $38,422

For more financial information, click here


Official website here: www.lexfoundation.org

What is the mission statement of Lexington Community Foundation?

The Lexington Community Foundation was established for charitable and educational purposes, with a focus on benefiting the local community and its surrounding areas. Its mission is to contribute to the mental, moral, intellectual, and physical improvement of its inhabitants, irrespective of race, color, or creed. The foundation primarily aims to provide assistance and relief in these areas, working towards the betterment of living, working, education, and economic conditions. It accomplishes this by granting funds to local community and charitable organizations.


Official website here: www.lexfoundation.org

Who is the CEO of Lexington Community Foundation?

Barry Mcfarland is the Board Member of Lexington Community Foundation.


Official website here: www.lexfoundation.org

What is the revenue of Lexington Community Foundation?

Lexington Community Foundation's revenue in 2022 was $303,155.


Official website here: www.lexfoundation.org

Who are the executives of Lexington Community Foundation and what are their salaries?

The average compensation at Lexington Community Foundation during 2022 was $70,493. There are 2 employees and 135 volunteers at Lexington Community Foundation.


Here are 26 key members and their salaries:


Tom Alexander (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Anderson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Audrey Beck-Downey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Biehl-Owens (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Booth (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abby Brecks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Carpenter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Clark (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Denker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mag Fagot (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Birgitte Hays (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Heldt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Maloley (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patty Mandelko (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Mcfarland (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tod A Mckeone (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Naprstek (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Reynolds (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curt Rickertsen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Roemmich (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Stenberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah De La Torre (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Wightman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis Wright (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Hain (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqueline Berke (Executive Director)
  • Compensation: $99,624
  • Related: $0
  • Other: $2,940


Official website here: www.lexfoundation.org

Where can I find the form 990 for Lexington Community Foundation?

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


Official website here: www.lexfoundation.org

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

Mission Statement of Lexington Community Foundation

The Lexington Community Foundation, established for charitable and educational purposes, aims to contribute to the betterment of various aspects of life for the inhabitants of its surrounding counties. Primarily focusing on Dawson County, NE, this organization strives to enhance mental, moral, intellectual, and physical well-being, as well as provide assistance and relief to the community members, irrespective of their race, color, or creed. To achieve this mission, the Lexington Community Foundation grants funds to local community and charitable organizations. These grants aim to improve living conditions, facilitate better working environments, enhance educational opportunities, and bolster the local economy. In essence, the Lexington Community Foundation functions as a catalyst for change, aiming to uplift the community as a whole.

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Impact




October, 2024

The Lexington Community Foundation significantly enhances the quality of life in Dawson County, Nebraska, and its surrounding areas by providing vital financial support to local community and charitable organizations. Through its strategic grants, the Foundation contributes to improved living, working, educational, and economic conditions for residents. Volunteers play a crucial role in this effort, assisting with fundraising activities that help to amplify the Foundation's impact.

Focused on charitable and educational purposes, the Foundation is dedicated to fostering mental, moral, intellectual, and physical improvements in the community. By prioritizing the needs of all inhabitants, regardless of race, color, or creed, the Lexington Community Foundation promotes inclusivity and accessibility for essential services and opportunities.




This information is meant to be a general summary of Lexington Community 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
$303,155 (2022)
Expenses
$389,019 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $77,759
  • Program Service Revenue: $56,826
  • Gross Receipts: $506,598

Assets and Liabilities:

  • Total Assets: $7,718,782
  • Total Liabilities: $4,126,609
  • Net Assets: $3,592,173

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ADMINISTRATIVE FEES

Revenue

$56,826

Organization Details

Founding Year

1982

Principal Officer

Barry Mcfarland

Main Address

PO BOX 422, LEXINGTON, NE, 688500422

NTEE Category

Code: T31 - Philanthropy

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