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Cvec Foundation Inc

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

EIN: 731553974 ✦ Seminole, OK ✦ Designated as a 501(c)(3)

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Overview

What is Cvec Foundation Inc?

The Cvec Foundation Inc, headquartered unspecified, is a charitable organization that primarily relies on funds from the CVEC Roundup Program. Their primary mission is to distribute these funds for the betterment of individuals and communities, addressing both personal and communal needs. The foundation plays a crucial role in allocating financial resources, contributing to the improvement of lives and communities.

Is Cvec Foundation Inc legitimate?

Cvec Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cvec Foundation Inc 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.

What is the mission statement of Cvec Foundation Inc?

The Cvec Foundation's mission revolves around distributing funds primarily sourced from the CVEC Roundup Program. This is done to address both personal and communal benevolent needs, ultimately aiming to improve the lives of individuals and communities by facilitating the allocation of financial resources for their betterment.

Who is the CEO of Cvec Foundation Inc?

Dian Dawson is the President of Cvec Foundation Inc.

What is the revenue of Cvec Foundation Inc?

Cvec Foundation Inc's revenue in 2022 was $113,965.

Who are the executives of Cvec Foundation Inc and what are their salaries?


Here are 8 key members and their salaries:


Dian Dawson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Mikles (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley Boren (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Matlock (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Spoonemore (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Guy (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benny Floyd (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gene Wilcox (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Cvec Foundation Inc?

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

Mission Statement of Cvec Foundation Inc

The Cvec Foundation, a notable organization, primarily utilizes funds gathered through the CVEC Roundup Program to address both personal and communal benevolent needs. By facilitating the distribution of these financial resources, the foundation aims to contribute positively to the betterment of individuals and communities. Its mission is to channel these funds effectively, thereby making a significant impact on the lives of those in need.

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Impact




October, 2024

Cvec Foundation Inc has a significant impact on individuals and communities by facilitating the allocation of financial resources to address personal and communal needs. By disbursing funds primarily from the CVEC Roundup Program, the foundation plays a vital role in enhancing the quality of life for those it serves. Its mission focuses on benevolent outreach, ensuring that essential support reaches those in need, thereby fostering a stronger, more resilient community in Seminole, OK. The foundation's efforts contribute to various philanthropic initiatives, effectively addressing gaps and challenges faced by individuals, ultimately promoting greater social well-being and community cohesion.




This information is meant to be a general summary of Cvec 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
$113,965 (2022)
Expenses
$80,738 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,102
  • Gross Receipts: $113,965

Assets and Liabilities:

  • Total Assets: $305,378
  • Total Liabilities: $24,228
  • Net Assets: $281,150

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Organization Details

Principal Officer

Dian Dawson

Main Address

11277 N Hwy 99, Seminole, OK, 74868

NTEE Category

Code: T30 - Philanthropy

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