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Spearhead Corporation

O'Loughlin Center

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

EIN: 752281974 ✦ Spearman, TX ✦ Designated as a 501(c)(3)

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Overview

What is Spearhead Corporation?

Spearhead Corporation, established in Spearman, Texas, was formed with the intention of constructing and managing a community center. This center serves as a hub for various groups, including youth, adults, and senior citizens, offering amenities such as a gym, meeting rooms, and a kitchen. The center positively impacts approximately 50,000 individuals within the community and directly serves over 1,773 through its programs. Spearhead Corporation's mission is to provide high-quality facilities and a wide range of programming to enhance the quality of life for the surrounding area's citizens. This is achieved through the guidance of an active and visionary board, which sets policies and procedures to ensure the organization's long-term financial stability, known as the O'Loughlin Center.

Is Spearhead Corporation legitimate?

Spearhead Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spearhead Corporation 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: $51,106
Professional Fundraising Fees: $0
Other Salaries and Wages: $53,246

For more financial information, click here

What is the mission statement of Spearhead Corporation?

Spearhead Corporation's mission is centered around providing a high-quality community facility and diverse programming for the benefit of all citizens in the surrounding area. This aim is achieved through strategic leadership, establishing policies and procedures that ensure the organization's long-term financial stability. The community center, operated by Spearhead Corporation, boasts a gym, meeting rooms, and a kitchen, which are utilized by various youth, adult, and senior citizen groups. The center serves approximately 50,000 individuals within the community and directly engages with over 1,773 through its programs.

Who is the CEO of Spearhead Corporation?

Keilee Goodheart is the Executive Di of Spearhead Corporation.

What is the revenue of Spearhead Corporation?

Spearhead Corporation's revenue in 2022 was $172,384.

Who are the executives of Spearhead Corporation and what are their salaries?

The average compensation at Spearhead Corporation during 2022 was $8,027. There are 13 employees and 90 volunteers at Spearhead Corporation.


Here are 15 key members and their salaries:


Keilee Goodheart (Executive Di)
  • Compensation: $51,106
  • Related: $0
  • Other: $0
Cari Beauchamp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashlyn Grotegut (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sammie Harkey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jayli Hughes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timber Lomeli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Manny Mendoza (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Parker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Parsley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Pearson (Executive Co)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Pearson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tindle Ramon (Corp. Presid)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patti Schnell (Executive Co)
  • Compensation: $0
  • Related: $0
  • Other: $0
Verna Lee Shirley (Executive Am)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angie Sonnenberg (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Spearhead Corporation?

Spearhead Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Spearhead Corporation

Spearhead Corporation, a nonprofit organization, is committed to serving the community by providing a high-quality facility and a wide array of programming. Their mission, as led by an active and visionary board, is to enhance the quality of life for all citizens in the surrounding area. To achieve this, they establish policies and procedures that ensure the long-term financial security of the organization. Spearhead Corporation's community center houses a gym, meeting rooms, and a kitchen, which are utilized by various groups, including youth, adults, and senior citizens. Approximately 50,000 individuals in the community benefit from these facilities, with over 1,773 directly engaged in programs within the center. The organization's efforts aim to contribute positively to the community's well-being.

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Impact




October, 2024

Spearhead Corporation significantly enhances the quality of life for citizens in Spearman, Texas, through the development and operation of the O'Loughlin Center, a hub for community engagement and recreation. The center features a gym, meeting rooms, and a kitchen, catering to various groups including youth, adults, and seniors. By providing a space for diverse activities, it serves approximately 50,000 individuals in the community and directly impacts over 1,773 participants through its programming.

The center's mission focuses on offering quality facilities and broad-based programming that foster community well-being. Through their commitment to visionary leadership, Spearhead Corporation aims to establish long-term financial stability for the center, ensuring that it can continue to provide vital services for years to come. This creates not only a gathering place for leisure and learning but also strengthens communal bonds and supports social development in the area.




This information is meant to be a general summary of Spearhead Corporation. 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
$172,384 (2022)
Expenses
$243,885 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10,357
  • Program Service Revenue: $21,867
  • Gross Receipts: $200,908

Assets and Liabilities:

  • Total Assets: $990,709
  • Total Liabilities: $5,715
  • Net Assets: $984,994

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Programs

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

MEMBERSHIP DUES

Revenue

$19,570

USAGE FEES

Revenue

$1,776

VENDING

Revenue

$270

T-SHIRTS & MISC SALES

Revenue

$251

Organization Details

Founding Year

1989

Principal Officer

Keilee Goodheart

Main Address

PO BOX 733, SPEARMAN, TX, 79081

NTEE Category

Code: N31I - Recreation

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