Overview
What is Caa Endowment Fund Inc?
Caa Endowment Fund Inc is a nonprofit organization with a primary mission to support Congregation Agudas Achim, a religious, charitable organization exempt under Section 501(C)(3) of the Internal Revenue Code. Located in San Antonio, Texas, the endowment fund provides investment management services for assets received from Congregation Agudas Achim. The surplus earnings from these investments, beyond permanently restricted net assets, are made available to the congregation to further its charitable, educational, and religious mission. The fund also provides programmatic support by expenditures from the endowment funds for program expenses incurred by the congregation.
Is Caa Endowment Fund Inc legitimate?
Caa Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caa Endowment Fund 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:
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What is the mission statement of Caa Endowment Fund Inc?
The Caa Endowment Fund Inc is established to serve the charitable functions and purposes of Congregation Agudas Achim, a religious organization exempt under Section 501(C)(3) of the Internal Revenue Code. Its primary objective is to support and carry out the aims of Congregation Agudas Achim, without engaging in activities that do not align with these objectives. The fund is dedicated to furthering the cause of Congregation Agudas Achim, which is a charitable organization in its own right.
Who is the CEO of Caa Endowment Fund Inc?
Marc Ross is the President of Caa Endowment Fund Inc.
What is the revenue of Caa Endowment Fund Inc?
Caa Endowment Fund Inc's revenue in 2022 was $116,532.
Who are the executives of Caa Endowment Fund Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Caa Endowment Fund Inc?
Caa Endowment Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Caa Endowment Fund Inc
Caa Endowment Fund Inc, as a charitable entity, is dedicated to serving the interests and carrying out the objectives of Congregation Agudas Achim. This religious organization, which is exempt under Section 501(C)(3) of the Internal Revenue Code, is the primary beneficiary of Caa Endowment Fund Inc. The corporation's purpose is strictly limited to supporting the activities and furthering the cause of Congregation Agudas Achim. It is crucial to note that Caa Endowment Fund Inc is prohibited from engaging in any activities that are not aligned with the purposes of Congregation Agudas Achim. This organization serves as a vital partner, ensuring the charitable functions and purposes of Congregation Agudas Achim are met effectively.
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Impact
October, 2024
Caa Endowment Fund Inc plays a crucial role in supporting Congregation Agudas Achim by effectively managing its investment assets. The surplus earnings from these investments, which exceed the permanently restricted net assets, are allocated to the congregation to further its charitable, educational, and religious mission. This strategic financial support enables Congregation Agudas Achim to sustain and expand its programs, directly impacting the community it serves in San Antonio, TX.
Through prudent investment management and the expenditure of endowment funds, Caa Endowment Fund Inc facilitates programmatic support that enhances the congregation's outreach and engagement activities. This not only strengthens the congregation's ability to fulfill its mission but also fosters a sense of community and provides essential resources for various initiatives. By ensuring the long-term financial health of the congregation, Caa Endowment Fund Inc contributes significantly to the overall growth and sustainability of its religious and charitable activities.
This information is meant to be a general summary of Caa Endowment Fund 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $101,840
- Gross Receipts: $321,182
Assets and Liabilities:
- Total Assets: $1,955,909
- Total Liabilities: $45,726
- Net Assets: $1,910,183
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Organization Details
Founding Year
2006
Phone
(210) 479-0307Principal Officer
Marc Ross
Main Address
16550 HUEBNER ROAD, SAN ANTONIO, TX, 78248
NTEE Category
Code: X30 - Religion related
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