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Banks Community Foundation

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

EIN: 710956226 ✦ Banks, OR ✦ Designated as a 501(c)(3)

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Overview

What is Banks Community Foundation?

The Banks Community Foundation is a nonprofit organization situated in Banks, Oregon, and its surrounding areas. Its primary mission is to foster cultural, social, and economic growth in the region. To achieve this goal, the foundation funds necessary expenses related to compliance with regulations and laws. Additionally, they honor the memory of Dan Hilger by offering a scholarship annually. Moreover, the foundation extends its support by granting funds to the City of Banks once a year.


Official website here: www.banksfoundation.org

Is Banks Community Foundation legitimate?

Banks Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Banks Community Foundation submitted a form 990EZ, 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.


Official website here: www.banksfoundation.org

What is the mission statement of Banks Community Foundation?

The Banks Community Foundation is dedicated to promoting cultural, social, and economic growth in its surrounding communities. It accomplishes this by adhering to mandatory laws and regulations, granting a Dan Hilger Memorial Scholarship, and providing financial aid to a single entity within the area, specifically the City of Banks. The foundation's mission focuses on enhancing the overall well-being and development of its community.


Official website here: www.banksfoundation.org

Who is the CEO of Banks Community Foundation?

Denise Holmes is the Treasurer of Banks Community Foundation.


Official website here: www.banksfoundation.org

What is the revenue of Banks Community Foundation?

Banks Community Foundation's revenue in 2022 was $2,500.


Official website here: www.banksfoundation.org

Who are the executives of Banks Community Foundation and what are their salaries?


Here are 5 key members and their salaries:


Denise Holmes (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Dethlefs (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Holland (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mel Clark (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Clark (Member At La)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.banksfoundation.org

Where can I find the form 990EZ for Banks Community Foundation?

Banks Community Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.banksfoundation.org

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

Mission Statement of Banks Community Foundation

The Banks Community Foundation is dedicated to fostering cultural, social, and economic growth in its community and its surrounding areas. This nonprofit organization carries out its mission by covering the necessary expenses for adhering to laws and regulations, as well as by granting the Dan Hilger Memorial Scholarship and providing one grant to the City of Banks. The foundation's commitment extends beyond these specific programs, aiming to contribute positively to the overall development of the community it serves.

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Impact




August, 2024

The impact of Banks Community Foundation is significant in enhancing cultural, social, and economic development in Banks, Oregon and surrounding communities. The foundation funds expenses required for compliance with laws and regulations, provides the Dan Hilger Memorial Scholarship, and awards a grant to the City of Banks. This support helps improve the overall quality of life and opportunities for individuals and organizations in the community.




This information is meant to be a general summary of Banks Community Foundation. 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
$2,500 (2022)
Expenses
$2,984 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1
  • Gross Receipts: $2,500

Assets and Liabilities:

  • Total Assets: $20,568
  • Total Liabilities: $0
  • Net Assets: $20,568

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Organization Details

Principal Officer

Denise Holmes

Main Address

P O BOX 355, BANKS, OR, 97106

NTEE Category

Code: S21 - Community improvement

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