Overview
What is Disc Village Foundation Inc?
Disc Village Foundation Inc, based in Tallahassee, Florida, is a nonprofit organization with a focus on generating income through investing activities. The primary objective of this foundation is to support Disc Village Inc, a charitable and educational organization exempt under IRS Section 501(C)(3), by raising funds and engaging in investing activities. The revenues produced are then utilized for Disc Village Inc's activities, which aim to assist individuals dealing with substance abuse problems. With a small team of three employees, Disc Village Foundation Inc is dedicated to making a difference in this area.
Is Disc Village Foundation Inc legitimate?
Disc Village Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Disc Village 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: $199,620
Professional Fundraising Fees: $0
Other Salaries and Wages: $101,667
For more financial information, click here
What is the mission statement of Disc Village Foundation Inc?
The Disc Village Foundation Inc's mission is centered around supporting the activities of Disc Village Inc, a non-profit organization under IRS Section 501(C)(3). This support is primarily achieved through fundraising and investing activities, aiming to generate revenues for Disc Village Inc. The income generated from these activities is then utilized to further the charitable and educational purposes of Disc Village Inc, specifically in assisting individuals dealing with substance abuse problems.
Who is the CEO of Disc Village Foundation Inc?
Tom Olk is the President of Disc Village Foundation Inc. The CEO's salary of Disc Village Foundation Inc is $190,994 and their total compensation is $197,236.
What is the revenue of Disc Village Foundation Inc?
Disc Village Foundation Inc's revenue in 2022 was $1,838,063.
Who are the executives of Disc Village Foundation Inc and what are their salaries?
The average compensation at Disc Village Foundation Inc during 2022 was $100,429. There are 3 employees at Disc Village Foundation Inc.
Here are 3 key members and their salaries (Disc Village Foundation Inc's CEO's salary is $190,994 and their total compensation is $197,236):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $190,994
- Related: $0
- Other: $6,242
Where can I find the form 990 for Disc Village Foundation Inc?
Disc Village Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Disc Village Foundation Inc
Disc Village Foundation Inc is a charitable organization, exempt under IRS Section 501(C)(3), dedicated to supporting the activities of Disc Village, another nonprofit entity. Their mission is achieved through fundraising and investing activities designed to produce revenues. These revenues are then utilized to further the charitable and educational purposes of Disc Village Inc. Specifically, Disc Village Foundation Inc employs its income generated by investing activities to assist individuals struggling with substance abuse problems. By doing so, they contribute to the overall goal of Disc Village Inc, without providing specific details about the nature of this organization's work or its objectives beyond substance abuse assistance.
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Impact
October, 2024
Disc Village Foundation Inc plays a crucial role in supporting individuals facing substance abuse challenges by generating revenue through fundraising and investment activities. The income produced is strategically reinvested to enhance the charitable and educational endeavors of Disc Village, Inc., which directly assists those in need of recovery services. Based in Tallahassee, Florida, the Foundation focuses on creating sustainable funding sources that empower communities through education and support initiatives, ultimately leading to improved outcomes for individuals grappling with addiction.
This information is meant to be a general summary of Disc Village 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,613,063
- Gross Receipts: $2,138,063
Assets and Liabilities:
- Total Assets: $18,383,975
- Total Liabilities: $8,661
- Net Assets: $18,375,314
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Organization Details
Founding Year
2001
Phone
(850) 575-4388Principal Officer
Tom Olk
Main Address
3333 W PENSACOLA ST 330, TALLAHASSEE, FL, 323042888
NTEE Category
Code: T90 - Philanthropy
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