Epworth By The Sea Endowment Foundation Incorporated

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

EIN: 582109680 ✦ St simons island, GA ✦ Designated as a 501(c)(3)

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Overview

What is Epworth By The Sea Endowment Foundation Incorporated?

Epworth By The Sea Endowment Foundation Incorporated, based in St. Simons Island, Georgia, is a nonprofit organization with a primary objective of soliciting donations. The money collected is managed and invested by its directors, with the ultimate goal of supporting its affiliated organizations. The foundation's mission is to encourage contributions, aiming to benefit the organizations it supports financially. Its activities are centered around this mission, encouraging individuals to donate funds that will be utilized for the betterment of the selected organizations.

Is Epworth By The Sea Endowment Foundation Incorporated legitimate?

Epworth By The Sea Endowment Foundation Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Epworth By The Sea Endowment Foundation Incorporated 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 Epworth By The Sea Endowment Foundation Incorporated?

The Epworth By The Sea Endowment Foundation Incorporated's mission is centered around encouraging donations. The primary objective of the foundation is to accumulate and invest these donations for the benefit of its supported organization. By doing so, the foundation aims to contribute to the cause championed by the supported organization, without specifying the specific cause or organization in question. The foundation's role is to facilitate financial support, utilizing its resources to make a positive impact.

Who is the CEO of Epworth By The Sea Endowment Foundation Incorporated?

Russell Jacobs Iii is the Director of Epworth By The Sea Endowment Foundation Incorporated.

What is the revenue of Epworth By The Sea Endowment Foundation Incorporated?

Epworth By The Sea Endowment Foundation Incorporated's revenue in 2022 was $752,065.

Who are the executives of Epworth By The Sea Endowment Foundation Incorporated and what are their salaries?


Here are 9 key members and their salaries:


Joel Willis (Director)
  • Compensation: $0
  • Related: $162,060
  • Other: $9,596
Wayne Racz (President)
  • Compensation: $0
  • Related: $88,498
  • Other: $25,000
Bill Daniel Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Jernigan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Jacobs Iii (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mallery Hale (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Massee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Epworth By The Sea Endowment Foundation Incorporated?

Epworth By The Sea Endowment Foundation Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Epworth By The Sea Endowment Foundation Incorporated

Epworth By The Sea Endowment Foundation Incorporated is dedicated to its mission of encouraging donations to benefit its supported organization. The primary objective of this foundation is to hold and invest the donations received, with the ultimate goal of benefiting its chosen organization. By encouraging contributions, Epworth By The Sea Endowment Foundation Incorporated aims to contribute positively to the cause it supports, leveraging the power of collective giving for a greater impact.

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Impact




October, 2024

Epworth By The Sea Endowment Foundation Incorporated effectively fosters a culture of philanthropy, generating crucial support for its affiliated organization. By encouraging donations, it ensures that funds are strategically held and invested for maximum impact. This commitment not only enhances the financial stability of the supported organization but also facilitates ongoing programs and services that benefit the community. Located in St. Simons Island, GA, the Foundation plays a vital role in strengthening community ties and supporting lifelong initiatives through sustainable funding. Its efforts create a lasting legacy, enabling the supported organization to thrive and respond to the needs of those it serves.




This information is meant to be a general summary of Epworth By The Sea Endowment Foundation Incorporated. 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
$752,065 (2022)
Expenses
$648,398 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $477,109
  • Gross Receipts: $4,849,138

Assets and Liabilities:

  • Total Assets: $16,143,309
  • Total Liabilities: $4,630,708
  • Net Assets: $11,512,601

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Organization Details

Founding Year

1993

Principal Officer

Russell Jacobs Iii

Main Address

PO Box 20407, St Simons Island, GA, 31522

NTEE Category

Code: T00 - Philanthropy

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