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Edenton-Chowan Community Foundation

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

EIN: 561807407 ✦ Edenton, NC ✦ Designated as a 501(c)(3)

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Overview

What is Edenton-Chowan Community Foundation?

The Edenton-Chowan Community Foundation is a nonprofit organization situated in Edenton, North Carolina. Its primary function involves managing various expenses, such as advertising and promotion, legal services, office supplies, meals, insurance, bank fees, interest, and foreign taxes, which totaled $6,736. The foundation also engages in charitable activities, as evident by its financial contribution of $19,100 to the Edenton Steamers, a program under its umbrella. The foundation's purpose is to foster community development and support local initiatives.

Is Edenton-Chowan Community Foundation legitimate?

Edenton-Chowan Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edenton-Chowan Community Foundation submitted a form 990EZ, 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.

What is the mission statement of Edenton-Chowan Community Foundation?

The Edenton-Chowan Community Foundation does not explicitly state a mission statement in the provided information. However, based on their activities, it can be inferred that their mission likely involves supporting community initiatives and programs. One of their programs is the Edenton Steamers, to which they made a significant cash contribution. Their expenses include various operational costs such as advertising, legal services, office supplies, meals, insurance, and bank service charges. While they do not have a publicly stated mission, their actions suggest a commitment to enhancing their community through financial support and resources.

Who is the CEO of Edenton-Chowan Community Foundation?

William Bass is the President of Edenton-Chowan Community Foundation.

What is the revenue of Edenton-Chowan Community Foundation?

Edenton-Chowan Community Foundation's revenue in 2022 was $30,271.

Who are the executives of Edenton-Chowan Community Foundation and what are their salaries?


Here are 5 key members and their salaries:


William Bass (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Turner (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Bass (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Roth (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allan Fredd (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Edenton-Chowan Community Foundation?

Edenton-Chowan Community Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Edenton-Chowan Community Foundation

The Edenton-Chowan Community Foundation, in its mission, allocates funds towards various expenses such as advertising, legal services, office supplies, meals, insurance, bank charges, interest, and foreign taxes, totaling $6,736. One of its significant initiatives includes supporting the Edenton Steamers with a cash contribution of $19,100. Although the provided information does not explicitly mention the foundation's core objective, it can be inferred that the Edenton-Chowan Community Foundation aims to contribute financially to worthy causes and initiatives within its capacity, as demonstrated by its support for the Edenton Steamers. The foundation's activities may extend beyond these specific expenses and contributions, but the data provided does not offer further insight into that aspect.

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Impact




August, 2024

The Edenton-Chowan Community Foundation is making a tangible impact in the local community by supporting programs like the Edenton Steamers with a generous cash contribution of $19,100. Through its philanthropic efforts, this foundation is actively investing in initiatives that benefit and enrich the Edenton-Chowan area.




This information is meant to be a general summary of Edenton-Chowan Community 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
$30,271 (2022)
Expenses
$38,280 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,606
  • Gross Receipts: $54,323

Assets and Liabilities:

  • Total Assets: $390,539
  • Total Liabilities: $0
  • Net Assets: $390,539

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Organization Details

Principal Officer

William Bass

Main Address

PO BOX 521, EDENTON, NC, 27932

NTEE Category

Code: T31I - Philanthropy

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