Oc Hauber Rotary Foundation Inc

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

EIN: 716052690 ✦ White hall, AR ✦ Designated as a 501(c)(3)

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Overview

What is Oc Hauber Rotary Foundation Inc?

Oc Hauber Rotary Foundation Inc, based in White Hall, Arkansas, is a nonprofit organization primarily dedicated to providing educational loans and scholarships to deserving and financially needy students. Throughout the year, the foundation extends support to a dozen students, partly in the form of loans and scholarships. Their mission aligns with the betterment of education, aiming to foster opportunities for students, thereby contributing to their academic growth and future.

Is Oc Hauber Rotary Foundation Inc legitimate?

Oc Hauber Rotary Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oc Hauber Rotary 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 Oc Hauber Rotary Foundation Inc?

The Oc Hauber Rotary Foundation Inc's primary mission is centered around education, with a focus on providing loans and scholarships to financially disadvantaged and deserving students. This organization's primary exempt purpose is to support the educational pursuits of these students, as evidenced by the educational loans and scholarships they have disbursed. During the year, the foundation made service loans to 12 students and awarded scholarships to qualified individuals.

Who is the CEO of Oc Hauber Rotary Foundation Inc?

Joe W Clement Iii is the President of Oc Hauber Rotary Foundation Inc.

What is the revenue of Oc Hauber Rotary Foundation Inc?

Oc Hauber Rotary Foundation Inc's revenue in 2023 was -$44,608.

Who are the executives of Oc Hauber Rotary Foundation Inc and what are their salaries?

There 5 volunteers at Oc Hauber Rotary Foundation Inc.


Here are 5 key members and their salaries:


Gary D Kelly (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe W Clement Iii (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frederick H Reed (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cary E Young (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Ferrell (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Oc Hauber Rotary Foundation Inc?

Oc Hauber Rotary Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Oc Hauber Rotary Foundation Inc

The Oc Hauber Rotary Foundation Inc, as per its primary exempt purpose, is dedicated to providing educational loans and scholarships to deserving and financially struggling students. This nonprofit organization's mission is to assist individuals in furthering their education by offering them the necessary financial aid. During a given period, the foundation extended service loans to twelve students and awarded scholarships to qualified candidates.

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Impact




October, 2024

Oc Hauber Rotary Foundation Inc significantly impacts the community by providing educational loans and scholarships to needy and qualified students. Based in White Hall, Arkansas, the organization focuses on easing the financial burden of education for students who may not have other means of support. By awarding scholarships and offering service loans, they help ensure that deserving students have the opportunity to pursue their academic goals. In the past year, the foundation has supported 12 students through its loans while also providing additional scholarships to further assist students in their educational journeys. This commitment to fostering education plays a vital role in community improvement and the development of future leaders.




This information is meant to be a general summary of Oc Hauber Rotary 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
-$44,608 (2023)
Expenses
$566,095 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: -$44,755
  • Program Service Revenue: $122
  • Gross Receipts: $533,558

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOAN INTEREST

Revenue

$122

Organization Details

Founding Year

1959

Principal Officer

Joe W Clement Iii

Main Address

7300 DOLLARWAY RD SUITE 103, WHITE HALL, AR, 71602

NTEE Category

Code: S12 - Community improvement

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