Overview
What is Wheels & Keels Foundation Inc?
Wheels & Keels Foundation Inc, based in Vero Beach, Florida, is a nonprofit organization primarily known for its annual fundraising event, which includes a dinner followed by a car and boat show. The foundation's primary mission is to support lesser-known charitable organizations that strive to enhance the lives of children and adults in the Treasure Coast community. They concentrate on organizations that may struggle to attract support from larger charitable organizations. Through their fundraising activities, such as the car and boat show, Wheels & Keels Foundation, Inc. aims to improve and strengthen their local community. In the 2022 event, they benefited eight 501(c)(3) organizations, including the Arc of IRC, Crossover Mission, and several others.
Official website here: www.wkvero.com
Is Wheels & Keels Foundation Inc legitimate?
Wheels & Keels Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wheels & Keels 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
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Official website here: www.wkvero.com
What is the mission statement of Wheels & Keels Foundation Inc?
The Wheels & Keels Foundation Inc, established with the aim of enhancing the lives of children and adults in their community, provides funding to organizations that struggle to secure support from larger charitable organizations. Their mission is to improve and strengthen the local community by financially supporting activities that have visible impacts. The foundation raises funds primarily through an annual event, which includes a fundraising dinner and an antique and exotic car and boat show. In 2022, the event benefited eight charitable organizations.
Official website here: www.wkvero.com
Who is the CEO of Wheels & Keels Foundation Inc?
Gavin Ruotolo is the Chief Executive Officer of Wheels & Keels Foundation Inc. The CEO's salary of Wheels & Keels Foundation Inc is $0 and their total compensation is $0.
Official website here: www.wkvero.com
What is the revenue of Wheels & Keels Foundation Inc?
Wheels & Keels Foundation Inc's revenue in 2022 was $218,024.
Official website here: www.wkvero.com
Who are the executives of Wheels & Keels Foundation Inc and what are their salaries?
There 25 volunteers at Wheels & Keels Foundation Inc.
Here are 7 key members and their salaries (Wheels & Keels Foundation Inc's CEO's salary is $0 and their total compensation is $0):
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- Other: $0
Official website here: www.wkvero.com
Where can I find the form 990 for Wheels & Keels Foundation Inc?
Wheels & Keels Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wkvero.com
Learn more at the official website: www.wkvero.com
Mission Statement of Wheels & Keels Foundation Inc
Wheels & Keels Foundation Inc, a philanthropic organization, was established with a mission to improve the lives of children and adults in their community. Recognizing the challenges faced by smaller charitable organizations in attracting support, Wheels & Keels Foundation Inc aims to fill this gap by providing funding to such organizations. Their activities are focused on supporting those organizations that are often overlooked by larger charitable organizations.
The foundation's mission is visibly demonstrated through its annual fundraising events. One of these events is a car and boat show, accompanied by a fundraising dinner. In the year 2022, this event benefited eight local charitable organizations, including ARC of IRC, Crossover Mission, Lines in the Lagoon, Moorings Education Foundation, US Navy Seal-Trident House Charities, Special Equestrians, Vero Beach Rowing, and Youth Sailing Foundation of IRC. By supporting these organizations, Wheels & Keels Foundation Inc contributes to the betterment of their community, strengthening it through various initiatives.
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Impact
October, 2024
Wheels & Keels Foundation Inc significantly impacts the Treasure Coast community by providing essential funding to organizations dedicated to enhancing the lives of individuals, particularly children and adults facing challenges. By focusing on organizations that struggle to secure larger charitable support, the foundation plays a crucial role in strengthening the local community's social fabric.
Through their annual fundraising dinner and the popular car and boat show, the foundation raises vital resources which directly benefit several local charitable organizations. In 2022, this event supported eight notable organizations, including ARC of IRC, Crossover Mission, and the Youth Sailing Foundation of IRC, among others. Each of these beneficiaries is committed to diverse causes, from education and mentorship to health and wellness, thereby creating a ripple effect of positive change.
The foundation's mission to visibly improve and strengthen the community is evident as they channel funds into initiatives that directly impact the lives of local residents. By drawing attention to the needs of less prominent organizations, Wheels & Keels Foundation Inc fosters a spirit of collaboration and support that enhances the overall quality of life in Vero Beach and surrounding areas.
This information is meant to be a general summary of Wheels & Keels 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.
- Gross Receipts: $318,689
Assets and Liabilities:
- Total Assets: $219,800
- Total Liabilities: $66,480
- Net Assets: $153,320
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Organization Details
Founding Year
2015
Phone
(772) 559-9758Principal Officer
Gavin Ruotolo
Main Address
PO BOX 643158, VERO BEACH, FL, 32964
Website
www.wkvero.comNTEE Category
Code: P20 - Human services
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