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Oglebay 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: 550750128 ✦ Wheeling, WV ✦ Designated as a 501(c)(3)

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Overview

What is Oglebay Foundation Inc?

Oglebay Foundation Inc, located at 255 Mansion Drive, Wheeling, West Virginia, 26003, is a dedicated nonprofit organization. Its primary mission is to enhance the welfare, maintenance, and future development of Oglebay and Wheeling Parks in Wheeling, West Virginia. By raising private funds, the foundation supports the affiliated organizations and programs associated with these parks. With a workforce of six individuals, Oglebay Foundation Inc actively works to improve the social well-being of the citizens in Ohio County.


Official website here: www.oglebayfoundation.org

What are the reviews and ratings of this charity?

**Oglebay Foundation Inc – 97% Rating from Charity Navigator**

Oglebay Foundation Inc received an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting a robust 97% score primarily based on its accountability and financial health. The organization demonstrates exemplary governance, with an independent board comprising 93% of its members and an independent board size of 15. It has established strong financial oversight, evidenced by its absence of material diversion of assets and solid financial ratios, indicating effective management and sustainability.

The organization excels in its financial performance, allocating a significant 86.75% of its expenses directly to programs, highlighting its commitment to impactful community service. With a fundraising efficiency ratio of just $0.09, it showcases an effective approach to resource mobilization, ensuring that a majority of funds raised directly support its initiatives. Such metrics indicate a responsible use of donor contributions and a well-structured organizational framework.

Unfortunately, user reviews from GreatNonprofits could not be retrieved, so insights into public sentiment about the foundation's impact and effectiveness remain unavailable. Overall, the financial health and strong governance structure position Oglebay Foundation Inc as a trustworthy nonprofit dedicated to its mission.


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

Is Oglebay Foundation Inc legitimate?

Oglebay Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oglebay 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: $184,968
Professional Fundraising Fees: $0
Other Salaries and Wages: $341,865

For more financial information, click here


Official website here: www.oglebayfoundation.org

What is the mission statement of Oglebay Foundation Inc?

The Oglebay Foundation's mission is to raise private funds for the welfare, maintenance, and future development of Oglebay and Wheeling Parks, as well as their affiliated organizations and programs. This non-profit organization is dedicated to promoting the development, maintenance, and improvement of these parks, ultimately benefiting the social welfare of the community. The foundation's efforts aim to ensure the parks continue to thrive and serve as valuable resources for the citizens.


Official website here: www.oglebayfoundation.org

Who is the CEO of Oglebay Foundation Inc?

Eriks Janelsins is the Chair of Oglebay Foundation Inc. The CEO's salary of Oglebay Foundation Inc is $184,969 and their total compensation is $184,969.


Official website here: www.oglebayfoundation.org

What is the revenue of Oglebay Foundation Inc?

Oglebay Foundation Inc's revenue in 2022 was $7,064,669.


Official website here: www.oglebayfoundation.org

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

The average compensation at Oglebay Foundation Inc during 2022 was $87,806. There are 6 employees and 15 volunteers at Oglebay Foundation Inc.


Here are 20 key members and their salaries (Oglebay Foundation Inc's CEO's salary is $184,969 and their total compensation is $184,969):


Lisa Allen (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad H Remp (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carter A Kenamond (Secretary/ Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
D Lyn Dotson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Eddy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Seibert Farnsworth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Freeman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Rohrig Gaiser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wilbur S Jones Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Gregory Mcdermott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David H Mckinley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Dean Riley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin B Seibert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Stamp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David M Weaver (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eriks Janelsins (President / Ceo)
  • Compensation: $184,969
  • Related: $0
  • Other: $0
G Ogden Nutting (Emeritus Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary West (Emeritus Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
G Randolph Worls (Chairman Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roland L Hobbs (Emeritus Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.oglebayfoundation.org

Where can I find the form 990 for Oglebay Foundation Inc?

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


Official website here: www.oglebayfoundation.org

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

Mission Statement of Oglebay Foundation Inc

The Oglebay Foundation is committed to raising private funds for the welfare, maintenance, and future development of Oglebay and Wheeling Parks in Wheeling, West Virginia, as well as their affiliated organizations and programs. This nonprofit organization's mission is to promote the development, maintenance, and improvement of these parks, aiming to benefit and enhance the social welfare of the citizens in the area. By dedicating its efforts to this cause, the Oglebay Foundation plays a significant role in preserving and enhancing these valuable green spaces for future generations to enjoy.

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Impact




July, 2024

The impact of Oglebay Foundation Inc is focused on the development, maintenance, and improvement of Oglebay and Wheeling Parks in Ohio County, West Virginia. By raising private funds, the foundation supports the welfare, upkeep, and future growth of these parks, benefiting the citizens of Ohio County. This effort ultimately enhances recreational opportunities, preserves natural spaces, and contributes to the social welfare of the community.




This information is meant to be a general summary of Oglebay 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
$7,064,669 (2022)
Expenses
$7,268,459 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $419,162
  • Gross Receipts: $7,064,669

Assets and Liabilities:

  • Total Assets: $18,847,027
  • Total Liabilities: $4,919,180
  • Net Assets: $13,927,847

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Organization Details

Founding Year

1996

Principal Officer

Eriks Janelsins

Main Address

255 MANSION DRIVE, WHEELING, WV, 26003

NTEE Category

Code: N30 - Recreation

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