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Cei Foundation Fka Fund For Elder's Independence

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

EIN: 611655955 ✦ Oakland, CA ✦ Designated as a 501(c)(3)

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Overview

What is Cei Foundation Fka Fund For Elder's Independence?

Cei Foundation, formerly known as Fund for Elder's Independence, is a small, dedicated nonprofit organization based in Oakland, California. With just two employees, its primary focus is to support the mission of the Center for Elder's Independence (CEI). This support primarily involves fundraising and executing projects and activities aimed at financially benefiting CEI's mission and strategic plans. The Cei Foundation carries out functions and fulfills purposes aligned with CEI, a California nonprofit public benefit corporation, aiming to contribute positively to the elderly community's independence.


Official website here: www.cei.elders.org

Is Cei Foundation Fka Fund For Elder's Independence legitimate?

Cei Foundation Fka Fund For Elder's Independence is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cei Foundation Fka Fund For Elder's Independence 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: $68,923
Professional Fundraising Fees: $32,537
Other Salaries and Wages: $87,104

For more financial information, click here


Official website here: www.cei.elders.org

What is the mission statement of Cei Foundation Fka Fund For Elder's Independence?

The Cei Foundation, formerly known as Fund for Elder's Independence, is committed to supporting the mission of the Center for Elder's Independence (CEI). This involvement primarily includes fundraising and developing and executing fundraising projects and activities. The primary objective is to enhance the financial well-being of CEI's mission and strategic plans. The Cei Foundation operates under the purview of CEI, a California nonprofit public benefit corporation, and is dedicated to carrying out its purposes. The foundation's initial year of activity spans from July 1, 2021, to June 30, 2022.


Official website here: www.cei.elders.org

Who is the CEO of Cei Foundation Fka Fund For Elder's Independence?

Thomas Hyland is the Principal Officer of Cei Foundation Fka Fund For Elder's Independence.


Official website here: www.cei.elders.org

What is the revenue of Cei Foundation Fka Fund For Elder's Independence?

Cei Foundation Fka Fund For Elder's Independence's revenue in 2022 was $298,794.


Official website here: www.cei.elders.org

Who are the executives of Cei Foundation Fka Fund For Elder's Independence and what are their salaries?

The average compensation at Cei Foundation Fka Fund For Elder's Independence during 2022 was $78,014. There are 2 employees and 8 volunteers at Cei Foundation Fka Fund For Elder's Independence.


Here are 9 key members and their salaries:


Carol Leytem (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Kimmel (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexis Burke (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Flo Raskin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Sherrer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pello Walker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Young-Williams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nader Shabahangi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Hyland (Director Of Fund Development)
  • Compensation: $61,852
  • Related: $61,713
  • Other: $20,385


Official website here: www.cei.elders.org

Where can I find the form 990 for Cei Foundation Fka Fund For Elder's Independence?

Cei Foundation Fka Fund For Elder's Independence's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cei.elders.org

Learn more at the official website: www.cei.elders.org

Mission Statement of Cei Foundation Fka Fund For Elder's Independence

The Cei Foundation, formerly known as the Fund for Elder's Independence, is committed to upholding certain functions and carrying out the objectives of the Center for Elder's Independence (CEI), a California-based nonprofit public benefit corporation. This organization's mission is centered around supporting CEI, particularly by raising funds and developing and executing fundraising projects and activities. These initiatives are aimed at financially benefiting CEI's mission and strategic plans. The Cei Foundation began its activities on July 1, 2021, marking its first year of operation.

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Impact




October, 2024

Cei Foundation Fka Fund For Elder's Independence significantly impacts the lives of older adults by supporting the mission of the Center for Elder's Independence (CEI) through effective fundraising and development activities. Its primary focus is on enhancing the financial resources that ensure elders can maintain their independence and quality of life.

By executing strategic projects aimed at securing funding, the foundation enables CEI to provide essential services and programs designed for elder care and support. These initiatives help foster an environment where elderly individuals can live with dignity, receive necessary health and social services, and engage in their communities.

In its inaugural year, the foundation's activities have already begun laying the groundwork for sustaining and expanding support for elder independence. This dedication not only responds to immediate needs but also plans for long-term sustainability, ensuring that resources remain available for future generations of older adults. The foundation's work directly contributes to enhancing the overall well-being of seniors in the Oakland area and beyond, aligning with a broader commitment to human services.




This information is meant to be a general summary of Cei Foundation Fka Fund For Elder's Independence. 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
$298,794 (2022)
Expenses
$379,953 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $349,168

Assets and Liabilities:

  • Total Assets: $163,993
  • Total Liabilities: $245,152
  • Net Assets: -$81,159

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Organization Details

Founding Year

2013

Principal Officer

Thomas Hyland

Main Address

510 17TH STREET 3RD FL, OAKLAND, CA, 94612

NTEE Category

Code: P20 - Human services

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