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The Nacs Foundation

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

EIN: 541723339 ✦ Alexandria, VA ✦ Designated as a 501(c)(3)

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Overview

What is The Nacs Foundation?

The Nacs Foundation, located at 1600 Duke St 700, Alexandria, VA 22314, is a nonprofit organization with a mission to support the convenience store industry. Their primary objective is to promote education and research that strengthens industry capabilities, knowledge, image, and positive impacts in the communities they serve. To accomplish this, The Nacs Foundation educates its members and the public on the various issues affecting the convenience store industry. The foundation's Community and Industry Advancement Program aims to contribute to the industry's growth and development, ultimately benefiting the communities they serve.


Official website here: www.conveniencecares.org

Is The Nacs Foundation legitimate?

The Nacs Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Nacs 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


Official website here: www.conveniencecares.org

What is the mission statement of The Nacs Foundation?

The Nacs Foundation's mission is centered around education, aiming to inform its members and the public about matters pertinent to the convenience store industry. To expand upon this, the organization's primary goal is to support education and research that enhances industry capabilities, knowledge, and positive impacts on the communities they serve. Their Community and Industry Advancement Program is instrumental in achieving this, with a focus on building a robust and positive image for the industry.


Official website here: www.conveniencecares.org

What is the revenue of The Nacs Foundation?

The Nacs Foundation's revenue in 2023 was $1,466,696.


Official website here: www.conveniencecares.org

Who are the executives of The Nacs Foundation and what are their salaries?

There 10 volunteers at The Nacs Foundation.

Here are 15 key members and their salaries:


Henry Ogden Armour (Trustee)
  • Compensation: $0
  • Related: $5,219,063
  • Other: $69,687
Brian Kimmel (Trustee)
  • Compensation: $0
  • Related: $762,765
  • Other: $63,854
Jose Victor Pardo Paterno (Trustee, Chairman (As Of 10/23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald R Rhoads (Chair (Thru 10/23), Past Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Scheeler (Past Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Dell'Alba (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Hannasch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Gauthier (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Varish Goyal (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles C Mcilvaine (Trustee (As Of 10/23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Lonnie Mcquirter (Trustee (As Of 10/23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Miller (Trustee (As Of 10/23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Smartt (Past Chairman (Thru 10/23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Parent (Trustee (Thru 10/23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Maggelet (Trustee (Thru 10/23))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.conveniencecares.org

Where can I find the form 990 for The Nacs Foundation?

The Nacs Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.conveniencecares.org

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

Mission Statement of The Nacs Foundation

The Nacs Foundation, a nonprofit organization, is dedicated to enlightening its members and the public about the issues that impact the convenience store industry. Its mission is centered around education, aiming to build industry capabilities, increase knowledge, enhance the industry's image, and foster positive impacts in the communities they serve. The Community and Industry Advancement Program, one of their initiatives, supports research and education that contributes to these goals. By doing so, The Nacs Foundation aims to contribute to the growth and development of the convenience store industry, while also making a positive impact on the communities it serves.

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Impact




October, 2024

The Nacs Foundation significantly influences the convenience store industry by enhancing education and awareness surrounding key issues affecting this sector. Through its Community and Industry Advancement Program, it supports educational initiatives and research that bolster industry capabilities and knowledge. This commitment not only improves the operational standards and image of the convenience store sector but also fosters positive impacts within the communities they serve. The foundation's efforts contribute to a more informed workforce and public, thus improving employment prospects and industry viability.




This information is meant to be a general summary of The Nacs 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
$1,466,696 (2023)
Expenses
$1,458,593 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $5,213
  • Gross Receipts: $1,470,330

Assets and Liabilities:

  • Total Assets: $519,274
  • Total Liabilities: $377,464
  • Net Assets: $141,810

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Organization Details

Founding Year

1994

Principal Officer

Henry O Armour

NTEE Category

Code: J11 - Employment

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