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Cottonwood Foundation Inc

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

EIN: 480990866 ✦ Lawrence, KS ✦ Designated as a 501(c)(3)

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Overview

What is Cottonwood Foundation Inc?

Cottonwood Foundation Inc, based in Lawrence, Kansas, is a nonprofit organization with a mission to enhance services and facilities associated with Cottonwood, Inc. This mission is centered around assisting individuals with disabilities to shape their own futures. By doing so, the foundation seeks to promote their independence and improve their quality of life. Although specific programs and initiatives are not mentioned in the provided information, it's clear that Cottonwood Foundation Inc is dedicated to empowering individuals with disabilities and supporting their personal growth.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Stars)

Cottonwood Foundation Inc has achieved a high rating of 94%, which signifies strong performance in accountability and finance. This rating reflects the organization’s commitment to effective governance and transparency, as evidenced by its 95% independent board members and a robust financial oversight structure. The strong program expense ratio of 85.75% indicates that the majority of its funds are directed towards its mission-driven programs.

The foundation has demonstrated exemplary practices in financial management, having scored full marks in key areas such as its audit and oversight committee, conflict of interest policy, and whistleblower policy. These factors contribute to the overall financial health and accountability of the organization, reassuring donors of responsible stewardship of their contributions.

However, while Cottonwood Foundation Inc has a commendable score in accountability, the data does not provide insights into its programmatic impact or outcomes. Potential donors may want to consider seeking more qualitative information about the effectiveness of its initiatives alongside the strong financial metrics.


This AI summary has been generated from information found on Charity Navigator.

Is Cottonwood Foundation Inc legitimate?

Cottonwood Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cottonwood 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

What is the mission statement of Cottonwood Foundation Inc?

The mission of Cottonwood Foundation Inc is centered around assisting individuals with disabilities. Their primary goal is to enable these individuals to shape their own future. To accomplish this, they work towards promoting and advancing the availability of services and facilities, often in collaboration with Cottonwood Inc. This mission aims to empower people with disabilities, providing them with the resources necessary to lead fulfilling lives.

Who is the CEO of Cottonwood Foundation Inc?

Colleen Himmelberg is the Trustee of Cottonwood Foundation Inc.

What is the revenue of Cottonwood Foundation Inc?

Cottonwood Foundation Inc's revenue in 2022 was $583,065.

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

There 20 volunteers at Cottonwood Foundation Inc.


Here are 22 key members and their salaries:


Tana Ahlen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hank Booth (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Burnside (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Vigna (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Fales (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Zinn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Smiley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Taylor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oliver Minnis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Moore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Moore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miles Schnaer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Graham (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Mock (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Parker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Eldridge (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Gonzales (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Longhurst (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Larkin (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Himmelberg (Executive V.P. (Beginning 6/3/2022))
  • Compensation: $0
  • Related: $102,837
  • Other: $9,907
Sharon Spratt (Executive V.P. (Through 6/3/2022))
  • Compensation: $0
  • Related: $116,667
  • Other: $15,766
Kurt Goeser (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cottonwood Foundation Inc?

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

Mission Statement of Cottonwood Foundation Inc

Cottonwood Foundation Inc is committed to assisting individuals with disabilities in shaping their own futures. This nonprofit organization's mission is to advance and improve the services and facilities available, either directly or in collaboration with Cottonwood Inc. By doing so, Cottonwood Foundation Inc aims to empower those with disabilities, enabling them to lead more independent and fulfilling lives. The organization's endeavors are focused on promoting the betterment of the support systems and resources available to individuals with disabilities, thereby facilitating their self-determination and self-sufficiency.

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Impact




July, 2024

Cottonwood Foundation Inc has a significant impact on empowering people with disabilities to shape their own future. By promoting and advancing services and facilities in conjunction with Cottonwood, Inc., the organization positively impacts the lives of individuals with disabilities in Lawrence, KS. Their mission to help people with disabilities determine their own path and access necessary resources makes a tangible difference in the community. The foundation's work falls under the umbrella of human services, reflecting their commitment to supporting and empowering individuals in need.




This information is meant to be a general summary of Cottonwood 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
$583,065 (2022)
Expenses
$942,970 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $252,791
  • Gross Receipts: $1,126,783

Assets and Liabilities:

  • Total Assets: $9,084,491
  • Total Liabilities: $4,027
  • Net Assets: $9,080,464

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Organization Details

Founding Year

1984

Principal Officer

Colleen Himmelberg

Main Address

2801 WEST 31ST STREET, LAWRENCE, KS, 66047

NTEE Category

Code: P120 - Human services

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