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The Weld Trust

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

EIN: 742358522 ✦ Greeley, CO ✦ Designated as a 501(c)(3)

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Overview

What is The Weld Trust?

The Weld Trust is a philanthropic organization based in Greeley, Colorado, with a headquarters located at 815 8th Avenue, ZIP code 80631. With a team of 23 employees, their mission is to enrich the health and educational quality of Weld County citizens. They achieve this by distributing grants to various nonprofit organizations, schools, and government entities. By positively impacting these sectors, The Weld Trust aims to enhance the overall well-being of the community in Weld County.


Official website here: www.weldtrust.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Stars)

The Weld Trust has received a commendable Four-Star rating from Charity Navigator, showcasing strong performance particularly in the Accountability & Finance category, which significantly influences their overall score. The charity demonstrates robust governance with an entirely independent board, indicating a commitment to transparency and ethical management.

Strengths include high marks for various financial practices, including an impressive program expense ratio of 75.73%, reflecting a substantial portion of funds directed towards its mission. Additionally, the charity maintains rigorous oversight measures, evidenced by a well-structured audit and oversight committee, along with no reported material diversion of assets.

However, there is a noted absence of a whistleblower policy, which could be seen as a limitation in their governance practices. Despite this, the overall financial health and accountability standards suggest that The Weld Trust is well-managed and dedicated to its charitable objectives.


This AI summary has been generated from information found on Charity Navigator.

Is The Weld Trust legitimate?

The Weld Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Weld Trust 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: $668,175
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,056,892

For more financial information, click here


Official website here: www.weldtrust.org

What is the mission statement of The Weld Trust?

The Weld Trust is a philanthropic organization dedicated to enhancing the health and education quality of citizens in their community. By providing grants to nonprofit organizations, schools, and government entities, the trust aims to positively impact the education and wellbeing of the recipients. The Weld Trust's mission is to contribute philanthropically towards improving the overall health and educational standards in the community. Through its grant initiatives, the organization strives to make a significant difference in the lives of individuals, ensuring they receive the necessary resources for optimal learning and wellness.


Official website here: www.weldtrust.org

Who is the CEO of The Weld Trust?

Tom Grant is the President & Chair of The Weld Trust. The CEO's salary of The Weld Trust is $191,837 and their total compensation is $210,972.


Official website here: www.weldtrust.org

What is the revenue of The Weld Trust?

The Weld Trust's revenue in 2022 was $14,144,129.


Official website here: www.weldtrust.org

Who are the executives of The Weld Trust and what are their salaries?

The average compensation at The Weld Trust during 2022 was $75,003. There are 23 employees and 11 volunteers at The Weld Trust.


Here are 16 key members and their salaries (The Weld Trust's CEO's salary is $191,837 and their total compensation is $210,972):


Tom Grant (President & Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Houtchens (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Murphy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Lawley (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vicki Wilson Phd Rn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Simone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis Gillmore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rose Stoller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Yeater (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Dollarhide (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Brynteson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Carlson (Chief Executive Officer)
  • Compensation: $191,837
  • Related: $0
  • Other: $19,135
Ramon Serrano (Chief Financial Officer)
  • Compensation: $136,671
  • Related: $0
  • Other: $20,293
Mike Bond (Chief Operating Officer)
  • Compensation: $150,818
  • Related: $0
  • Other: $19,613
Rhonda Morehead (Director Of Communications)
  • Compensation: $139,914
  • Related: $0
  • Other: $17,097
Kyle Holman (Director Of Health Grants)
  • Compensation: $118,054
  • Related: $0
  • Other: $20,069


Official website here: www.weldtrust.org

Where can I find the form 990 for The Weld Trust?

The Weld Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.weldtrust.org

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

Mission Statement of The Weld Trust

The Weld Trust is a philanthropic organization that strives to make a positive impact on the health and education of citizens in Weld County. By providing grants to various nonprofit organizations, schools, and government entities, The Weld Trust aims to enhance the quality of education and wellness in the community.

Established with a mission to contribute to the betterment of Weld County, The Weld Trust focuses on improving the lives of local residents through its grant-giving initiatives. The organization's efforts are geared towards supporting a range of programs and projects that address both health and educational needs. These grants help to fund essential services, resources, and infrastructure that enable organizations to make a meaningful difference in the community.

The Weld Trust's commitment to the wellbeing of Weld County is demonstrated through its support of various nonprofit organizations. These groups, in turn, work tirelessly to address the unique challenges faced by the community. By providing vital resources and funding, The Weld Trust enables these organizations to create lasting change and improve the lives of countless residents.

Moreover, The Weld Trust's grants to schools play a crucial role in ensuring that students receive a high-quality education. With the organization's support, schools can invest in innovative teaching methods, modern facilities, and essential learning materials. By focusing on education, The Weld Trust is helping to create a future where the next generation of Weld County residents will be well-equipped to succeed.

In summary, The Weld Trust is a philanthropic organization that is dedicated to positively impacting the health and education of Weld County residents. By providing grants to nonprofit organizations, schools, and government entities, The Weld Trust is making a significant difference in the lives of countless individuals and working towards a brighter future for the community.

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Impact




October, 2024

The Weld Trust significantly enhances the health, education, and overall wellness of Weld County residents. Through its philanthropic contributions, it provides essential grants to local organizations, schools, and government entities, aiming to improve the quality of education and health services in the community. This targeted support fosters better educational outcomes and promotes healthier lifestyles among citizens, ultimately creating a more vibrant and resilient Weld County.




This information is meant to be a general summary of The Weld Trust. 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
$14,144,129 (2022)
Expenses
$18,928,462 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $14,324,633
  • Gross Receipts: $413,148,923

Assets and Liabilities:

  • Total Assets: $511,590,784
  • Total Liabilities: $26,225,189
  • Net Assets: $485,365,595

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Organization Details

Founding Year

1984

Principal Officer

Tom Grant

Main Address

815 8TH AVENUE, GREELEY, CO, 80631

NTEE Category

Code: E11 - Health

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