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Laurel Montana Community Foundation Inc

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

EIN: 473756434 ✦ Laurel, MT ✦ Designated as a 501(c)(3)

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Overview

What is Laurel Montana Community Foundation Inc?

Laurel Montana Community Foundation Inc is a nonprofit organization situated in Laurel, Montana. Their primary aim is to facilitate the renovation of the Kid's Kingdom playground at Kiwanis Park through fiscal sponsorship, leveraging private contributions and in-kind donations. This initiative serves to provide a philanthropic opportunity, foster community benefits, and empower local youth. Beyond this project, the foundation's mission extends to helping Laurel, Montana build community wealth by accepting tax-deductible donations of money, property, and securities. They also provide fiscal sponsorship for local programs, enabling philanthropic goals within the community and empowering local youth through educational grants. The ultimate goal is to enhance the quality of life for residents and sponsor projects that encourage local activities, arts, and culture promotion.


Official website here: www.laurelcommunity.org

Is Laurel Montana Community Foundation Inc legitimate?

Laurel Montana Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laurel Montana Community 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.laurelcommunity.org

What is the mission statement of Laurel Montana Community Foundation Inc?

The Laurel Community Foundation Inc's mission is to contribute to community prosperity by accepting tax-deductible donations of money, property, and securities. The organization's goal is to serve as a fiscal sponsor for local programs, providing an avenue for philanthropic objectives within the community. Additionally, the foundation aims to empower local youth by offering educational grants. Its mission also involves improving the quality of life for residents and sponsoring projects that encourage local activities, particularly in the fields of arts and culture.


Official website here: www.laurelcommunity.org

Who is the CEO of Laurel Montana Community Foundation Inc?

Jon Rutt is the President, Director of Laurel Montana Community Foundation Inc.


Official website here: www.laurelcommunity.org

What is the revenue of Laurel Montana Community Foundation Inc?

Laurel Montana Community Foundation Inc's revenue in 2022 was $214,464.


Official website here: www.laurelcommunity.org

Who are the executives of Laurel Montana Community Foundation Inc and what are their salaries?

There 13 volunteers at Laurel Montana Community Foundation Inc.


Here are 11 key members and their salaries:


Jon Rutt (President, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Bauer (Secretary, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Mullaney (Treasurer, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Olson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Kerr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Adkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Goldsby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Rankin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cami Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evan Bruce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jasmine Hansen (Social Media, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.laurelcommunity.org

Where can I find the form 990 for Laurel Montana Community Foundation Inc?

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


Official website here: www.laurelcommunity.org

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

Mission Statement of Laurel Montana Community Foundation Inc

Laurel Montana Community Foundation Inc is an organization committed to supporting the growth of community wealth in Laurel, Montana. They achieve this by providing a platform for tax-deductible donations of money, property, and securities. This philanthropic opportunity not only benefits the community but also enables the foundation to offer fiscal sponsorship for local programs.

The mission of Laurel Montana Community Foundation Inc extends beyond financial support. It aims to empower local youth by providing educational grants. By doing so, they contribute to the improvement of the community's quality of life and sponsor projects that promote local activities and arts and culture. In essence, Laurel Montana Community Foundation Inc serves as a catalyst for community development, philanthropic goals, and youth empowerment in Laurel, Montana.

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Impact




October, 2024

The Laurel Montana Community Foundation Inc significantly enhances the quality of life in Laurel, Montana, by fostering community development and empowering local youth. Through effective fiscal sponsorship, it has mobilized resources for vital community projects, such as the renovation of the Kid's Kingdom playground at Kiwanis Park. This initiative, funded by private contributions and in-kind donations, provides a safe and engaging space for children to play and grow.

By facilitating tax-deductible donations, the foundation helps build community wealth, allowing local residents to invest in development projects that reflect their philanthropic goals. This commitment to strengthening the community not only supports specific initiatives but also promotes broader cultural and educational opportunities, enriching the lives of residents and inspiring future generations. Overall, the foundation plays a crucial role in community improvement, ensuring that Laurel remains a vibrant place for all its inhabitants.




This information is meant to be a general summary of Laurel Montana Community 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
$214,464 (2022)
Expenses
$239,255 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $115
  • Program Service Revenue: $78,248
  • Gross Receipts: $232,843

Assets and Liabilities:

  • Total Assets: $531,930
  • Total Liabilities: $0
  • Net Assets: $531,930

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Programs

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

TOWN SQUARE PARK

Revenue

$30,515

SPLASH PARK PROJECT

Revenue

$23,590

SCHOLARSHIPS

Revenue

$15,267

KID'S KINGDOM PLAYGROUND PROJECT

Revenue

$6,061

SKATE PARK PROJECT

Revenue

$1,565

Organization Details

Founding Year

2015

Principal Officer

Jon Rutt

Main Address

PO BOX 1138, LAUREL, MT, 59044

NTEE Category

Code: S12 - Community improvement

If you are a representative of Laurel Montana Community Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.