Overview
What is Fredericksburg Social Turn Verein?
Fredericksburg Social Turn Verein was a nonprofit organization dedicated to preserving its history through social, educational, and benevolent activities. Located in Fredericksburg, Texas, the organization aimed to serve the community's past, present, and future. Unfortunately, a fire caused by arson destroyed their building in June 2016. Subsequently, the focus shifted to collecting funds for rebuilding. However, numerous fundraisers fell short, and with increasing construction costs, the decision was made to sell the property and close the organization. In October 2022, the property was sold to the City of Fredericksburg, and the sale proceeds were donated to local non-profit organizations. The organization's mission to preserve the community's history, despite the setbacks, is commendable.
Is Fredericksburg Social Turn Verein legitimate?
Fredericksburg Social Turn Verein is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fredericksburg Social Turn Verein 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 Fredericksburg Social Turn Verein?
Originally, the mission of Fredericksburg Social Turn Verein was to preserve its history through social, educational, and benevolent activities, benefiting both the past and present generations. Following an arson incident in 2016 that destroyed their building, the organization shifted its focus to raising funds for rebuilding. However, numerous fundraisers fell short, and increasing building costs eventually led to the decision to sell the property and close the organization. The property was sold to the City of Fredericksburg in October 2022, with donations being refunded to the contributors. The sale proceeds were then donated to various local non-profit organizations.
Who is the CEO of Fredericksburg Social Turn Verein?
Nichole Ransleben is the Treasurer of Fredericksburg Social Turn Verein.
What is the revenue of Fredericksburg Social Turn Verein?
Fredericksburg Social Turn Verein's revenue in 2022 was $629,887.
Who are the executives of Fredericksburg Social Turn Verein and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Fredericksburg Social Turn Verein?
Fredericksburg Social Turn Verein's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fredericksburg Social Turn Verein
The Fredericksburg Social Turn Verein, a historical organization, aimed to preserve its legacy by promoting social, educational, and benevolent activities for the past, present, and future. However, a tragic event of arson led to the loss of their building in June 2016. In response, the organization shifted its focus to raising funds for rebuilding. Despite numerous fundraisers and increasing building costs, the funds raised fell short of the required amount. Consequently, the decision was made to sell the property and close the organization. The property was sold to the City of Fredericksburg in October 2022. As a result, donations were refunded, and the sale proceeds were donated to local non-profit organizations. The Fredericksburg Social Turn Verein's mission, therefore, evolved from preserving its history through social, educational, and benevolent activities to rebuilding and then, ultimately, to supporting local non-profit organizations with the sale proceeds.
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Impact
October, 2024
Fredericksburg Social Turn Verein played a significant role in its community by focusing on social, educational, and benevolent activities. Originally established to preserve its history and promote community engagement, the organization aimed to uphold these values until its building was tragically lost to arson in June 2016. This devastating event shifted the organization's mission towards fundraising efforts to rebuild, reflecting its commitment to community heritage.
Despite numerous fundraising attempts, rising building costs made it increasingly challenging to achieve the goal of reconstruction. Ultimately, the decision to sell the property to the City of Fredericksburg in October 2022 marked a pivotal transition. This sale enabled the organization to transform its remaining resources into meaningful support for other local nonprofit organizations, as the proceeds from the sale were donated to them.
Through this transition, Fredericksburg Social Turn Verein sustained its legacy of community involvement, ensuring that even in the face of adversity, it could contribute to the welfare of the Fredericksburg area. The decision to return funds to donors and support local nonprofits illustrates a lasting impact by reinforcing the values of social responsibility and communal support, preserving its mission through alternative avenues even after its property was no longer viable for use.
This information is meant to be a general summary of Fredericksburg Social Turn Verein. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $465,090
- Gross Receipts: $1,014,986
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2018
Phone
(830) 456-1825Principal Officer
Nichole Ransleben
Main Address
PO BOX 1542, FREDERICKSBURG, TX, 78624
NTEE Category
Code: N50 - Recreation
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