Scottish Rite Foundation Of South Carolina Inc

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

EIN: 570808599 ✦ Spartanburg, SC ✦ Designated as a 501(c)(3)

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Overview

What is Scottish Rite Foundation Of South Carolina Inc?

The Scottish Rite Foundation of South Carolina Inc, located in Spartanburg, South Carolina, is a nonprofit organization with a single employee. Their primary focus is to operate childhood language disorder clinics in Columbia, Greenville, and Charleston, South Carolina. These clinics aim to evaluate and promote professional speech and language therapy services for children suffering from language disorders. In line with their mission, the foundation establishes and maintains funds for religious, charitable, scientific, literary, and educational purposes, using the income generated for these causes.


Official website here: www.scottishritesc.org

Is Scottish Rite Foundation Of South Carolina Inc legitimate?

Scottish Rite Foundation Of South Carolina Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scottish Rite Foundation Of South Carolina 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: $16,955

For more financial information, click here


Official website here: www.scottishritesc.org

What is the mission statement of Scottish Rite Foundation Of South Carolina Inc?

The Scottish Rite Foundation of South Carolina Inc. is dedicated to establishing and maintaining funds for religious, charitable, scientific, literary, and educational purposes. These funds are utilized alongside their earned income to support various initiatives that align with these categories. In addition to this, the foundation operates childhood language disorder clinics in Columbia, Greenville, and Charleston, South Carolina. These clinics aim to evaluate and promote professional speech and language therapy for children facing language disorders. The primary goal is to contribute positively to these specific areas, improving the lives of those in need.


Official website here: www.scottishritesc.org

What is the revenue of Scottish Rite Foundation Of South Carolina Inc?

Scottish Rite Foundation Of South Carolina Inc's revenue in 2023 was $360,852.


Official website here: www.scottishritesc.org

Who are the executives of Scottish Rite Foundation Of South Carolina Inc and what are their salaries?

The average compensation at Scottish Rite Foundation Of South Carolina Inc during 2023 was $16,955. There is 1 employee at Scottish Rite Foundation Of South Carolina Inc.

Here are 4 key members and their salaries:


Michael Broom (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce A Chennery (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip S Reichner Iii (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John R Marcussi (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.scottishritesc.org

Where can I find the form 990 for Scottish Rite Foundation Of South Carolina Inc?

Scottish Rite Foundation Of South Carolina Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.scottishritesc.org

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

Mission Statement of Scottish Rite Foundation Of South Carolina Inc

Scottish Rite Foundation of South Carolina Inc is committed to establishing and maintaining funds for use in religious, charitable, scientific, literary, and educational purposes. Their mission is to utilize these funds alongside the income generated, to make a significant impact in these respective sectors. The organization's objective is not just limited to the funds themselves, but also the income derived from these funds, which they intend to channel towards these noble causes.

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Impact




October, 2024

The Scottish Rite Foundation of South Carolina Inc. significantly impacts the lives of children suffering from language disorders by operating specialized clinics in Columbia, Greenville, and Charleston. Through these clinics, the Foundation evaluates and promotes professional speech and language therapy, providing essential support to children in need of communication assistance. This initiative not only addresses immediate therapeutic needs but also fosters long-term developmental benefits, enhancing the children's ability to engage effectively in their educational and social environments. By focusing on both charitable and educational purposes, the Foundation helps to create a stronger community where children can overcome challenges related to language disorders, ultimately contributing to their overall well-being and future opportunities.




This information is meant to be a general summary of Scottish Rite Foundation Of South Carolina 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
$360,852 (2023)
Expenses
$234,700 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $51,482
  • Gross Receipts: $360,852

Assets and Liabilities:

  • Total Assets: $2,153,895
  • Total Liabilities: $0
  • Net Assets: $2,153,895

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Organization Details

Founding Year

1985

Principal Officer

Michael Broom

NTEE Category

Code: Y40Z - Mutual benefit

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