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Alma Area Foundation

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

EIN: 481147950 ✦ Alma, KS ✦ Designated as a 501(c)(3)

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Overview

What is Alma Area Foundation?

The Alma Area Foundation is a nonprofit organization based in Alma, Kansas. Its primary mission is to administer scholarships and contribute to public improvements, with the aim of boosting tourism in the area. The foundation manages multiple high school scholarships annually, making a positive impact on Wabaunsee High School's graduating class, typically around 30 students. These scholarships help several students cover their college expenses each year, with one scholarship being renewable for three years. Beyond scholarships, the foundation utilized a bequest to purchase the building that houses the local library, ensuring its continuation and service to the community.

Is Alma Area Foundation legitimate?

Alma Area Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alma Area 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Alma Area Foundation?

The Alma Area Foundation's mission is centered around administering scholarships and public improvements with the aim of promoting tourism. This organization actively manages various high school scholarships, contributing positively to the graduating class at Wabunsee High School annually. With an average class size of around 30 students, they are able to grant scholarships to several students each year. Beyond high school scholarships, they also offer three other scholarships for college students who are graduates of Wabunsee High School, providing assistance to around 4-5 students annually with their college expenses, as one of the scholarships is renewable for three years. Furthermore, due to a bequest left to the Alma Area Foundation, they were able to purchase a building that houses the library in Alma, ensuring its continuity and service to the community's needs.

Who is the CEO of Alma Area Foundation?

Patricia Ringel is the President of Alma Area Foundation.

What is the revenue of Alma Area Foundation?

Alma Area Foundation's revenue in 2022 was -$22.

Who are the executives of Alma Area Foundation and what are their salaries?

There 7 volunteers at Alma Area Foundation.


Here are 7 key members and their salaries:


Ervan Stuewe (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Miller (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Ringel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Wertzberger (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Miller (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Winkler (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tonia Michaelis (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Alma Area Foundation?

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

Mission Statement of Alma Area Foundation

The Alma Area Foundation, a nonprofit organization, is committed to administering scholarships and public improvements with the aim of promoting tourism. Its primary mission is to make a positive impact on the graduating class of Wabaunsee High School annually. This is achieved through the provision of numerous scholarships to deserving students, allowing a significant number of them to pursue higher education each year. In addition to high school scholarships, the foundation offers three more scholarships to college students who are alumni of Wabaunsee High School. Due to the structure of these scholarships, the foundation is able to assist around 4-5 college students annually with their tuition expenses, with one scholarship being renewable for three years.

Beyond scholarships, the Alma Area Foundation has also made a significant contribution to the community by purchasing the building that houses the library in Alma. This action ensured the library's continuity and its ability to continue serving the needs of the community. By administering scholarships and investing in public improvements, the Alma Area Foundation seeks to enhance the community and provide opportunities for its members, contributing to the promotion of tourism in the process.

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Impact




October, 2024

The Alma Area Foundation significantly impacts the community through its focused initiatives on education and public improvements. By administering multiple scholarships, it directly supports students at Wabaunsee High School, where approximately 30 graduates each year benefit from financial assistance to further their education. The foundation not only aids high school students but also extends its support to college-level alumni through additional scholarships, helping 4-5 college students each year manage their expenses, with some scholarships renewable for up to three years.

Furthermore, the foundation ensures the preservation and accessibility of vital community resources, such as the local library, by purchasing and maintaining its building. This strategic move guarantees that the library remains a cornerstone for education and community engagement in Alma and the surrounding area. By promoting education and enhancing public infrastructure, the Alma Area Foundation plays a crucial role in elevating the quality of life and promoting tourism in the region.




This information is meant to be a general summary of Alma Area 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
-$22 (2022)
Expenses
$44,719 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,883
  • Gross Receipts: $70,727

Assets and Liabilities:

  • Total Assets: $948,959
  • Total Liabilities: $0
  • Net Assets: $948,959

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Organization Details

Founding Year

1994

Principal Officer

Patricia Ringel

Main Address

CO PRESIDENT PO BOX 192, ALMA, KS, 66401

NTEE Category

Code: B82 - Education

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