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Ums-Wright Foundation Inc

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

EIN: 631045391 ✦ Mobile, AL ✦ Designated as a 501(c)(3)

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Overview

What is Ums-Wright Foundation Inc?

Ums-Wright Foundation Inc, located at 65 Mobile Street, Mobile, Alabama, is a nonprofit organization that primarily focuses on providing financial aid to students attending Ums-Wright Preparatory School. This 501(c)(3) institution also contributes funds towards capital improvements and repairs of the school's facilities. The foundation's mission is to support the educational endeavors of its students, ensuring they have access to quality education within their community.

Is Ums-Wright Foundation Inc legitimate?

Ums-Wright Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ums-Wright 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Ums-Wright Foundation Inc?

The Ums-Wright Foundation Inc is dedicated to supporting students of Ums-Wright Preparatory School, a 501(C)(3) organization, by providing financial aid. Additionally, the foundation contributes funds for capital improvements and repairs of the school's facilities. Its primary mission is to offer financial assistance to students, thereby contributing to the betterment of the school's infrastructure. The foundation's contributions aim to make education more accessible and improve the learning environment for the students.

Who is the CEO of Ums-Wright Foundation Inc?

Victor H Lott is the Principal Officer of Ums-Wright Foundation Inc.

What is the revenue of Ums-Wright Foundation Inc?

Ums-Wright Foundation Inc's revenue in 2022 was $1,226,997.

Who are the executives of Ums-Wright Foundation Inc and what are their salaries?


Here are 12 key members and their salaries:


Robert M Hope (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor H Lott Jr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Davis Pilot Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Madeleine L Downing (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marietta M Urquhart (Vice President/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John S Mcclelland (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
F Mckinley Bell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura M Clark (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Mitchell Shackelford (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paige B Plash (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert C Baird (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Barber (Head Of School)
  • Compensation: $233,500
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ums-Wright Foundation Inc?

Ums-Wright Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ums-Wright Foundation Inc

Ums-Wright Foundation Inc is committed to supporting Ums-Wright Preparatory School, a 501(C)(3) organization, by providing financial aid for its students and funding for capital improvements and repairs to school facilities. The mission of Ums-Wright Foundation Inc lies in its dedication to assisting the students of Ums-Wright Preparatory School financially, ensuring they have access to quality education regardless of their financial circumstances. Additionally, the foundation invests in the upkeep and improvement of the school's facilities, ensuring a conducive learning environment for its students.

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Impact




October, 2024

Ums-Wright Foundation Inc significantly impacts education by providing essential financial aid to students of UMS-Wright Preparatory School. This support enables deserving students to access quality education, fostering an inclusive learning environment. Additionally, the foundation contributes to the institution's growth and maintenance through funding capital improvements and repairs of school facilities. This dual approach not only enhances the educational experience for students but also ensures that the school's infrastructure remains conducive to learning. By addressing both financial barriers and facility needs, Ums-Wright Foundation Inc plays a crucial role in shaping the educational landscape in Mobile, Alabama.




This information is meant to be a general summary of Ums-Wright 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.

Revenue
$1,226,997 (2022)
Expenses
$691,108 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $373,899
  • Gross Receipts: $3,392,897

Assets and Liabilities:

  • Total Assets: $11,134,953
  • Total Liabilities: $0
  • Net Assets: $11,134,953

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Organization Details

Founding Year

1991

Principal Officer

Victor H Lott

Main Address

65 MOBILE STREET, MOBILE, AL, 36607

NTEE Category

Code: B25I - Education

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