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Children's Home Foundation Inc

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

EIN: 752622657 ✦ Lubbock, TX ✦ Designated as a 501(c)(3)

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Overview

What is Children's Home Foundation Inc?

Children's Home Foundation Inc, based in Lubbock, Texas, is a nonprofit organization dedicated to supporting the Children's Home of Lubbock. Their mission is to secure and manage funds for this entity, which provides care for disadvantaged children. The foundation's commitment is to safeguard and nurture these children, allowing them to grow and contribute positively to society. With a focus on excellence in childcare, the Children's Home Foundation aims to manifest Christ's love through its work. Currently, the organization has a modest workforce of two individuals.


Official website here: www.chfinc.org

Is Children's Home Foundation Inc legitimate?

Children's Home Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children's Home Foundation 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:

Executive Compensation: $98,598
Professional Fundraising Fees: $0
Other Salaries and Wages: $72,477

For more financial information, click here


Official website here: www.chfinc.org

What is the mission statement of Children's Home Foundation Inc?

The Children's Home Foundation's mission is to ensure and manage funds for the sole benefit of the Children's Home of Lubbock. The foundation's directors are committed to upholding the goals of the Children's Home of Lubbock, which is to provide a safe and loving environment for children who find themselves in challenging circumstances. By pledging their support, the foundation aims to help these children grow and develop, so they can contribute their unique talents to the world. Essentially, the Children's Home Foundation supports the work of the Children's Home of Lubbock, which is dedicated to manifesting Christ through excellence in child care.


Official website here: www.chfinc.org

Who is the CEO of Children's Home Foundation Inc?

Eric Creel is the Director of Children's Home Foundation Inc.


Official website here: www.chfinc.org

What is the revenue of Children's Home Foundation Inc?

Children's Home Foundation Inc's revenue in 2023 was $2,679,490.


Official website here: www.chfinc.org

Who are the executives of Children's Home Foundation Inc and what are their salaries?

The average compensation at Children's Home Foundation Inc during 2023 was $85,538. There are 2 employees and 12 volunteers at Children's Home Foundation Inc.


Here are 13 key members and their salaries:


Jimmy Moore (Director)
  • Compensation: $0
  • Related: $148,493
  • Other: $22,793
Eric Creel (President)
  • Compensation: $88,416
  • Related: $0
  • Other: $10,182
Jim Henson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Betts (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Hines (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ada Rummel 0222 - 1122 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristi Payne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Ellison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Harms (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norton Baker 222 - 522 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Stumbo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Johnston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Sigle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.chfinc.org

Where can I find the form 990 for Children's Home Foundation Inc?

Children's Home Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.chfinc.org

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

Mission Statement of Children's Home Foundation Inc

The Children's Home Foundation plays a crucial role in ensuring the well-being of a children's home, specifically referring to The Children's Home of Lubbock. The mission of this foundation is twofold: securing and managing funds for the sole benefit of the children's home, and pledging commitment to the goals of the children's home. This commitment is geared towards providing a safe and loving environment for children who find themselves in challenging circumstances. The Children's Home Foundation strives to enable these children to grow and develop their unique talents, ultimately contributing positively to the world. In essence, the foundation's mission is to support the children's home and its endeavor to manifest Christ through excellence in child care.

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Impact




October, 2024

Children's Home Foundation Inc plays a crucial role in supporting the Children's Home of Lubbock, ensuring that disadvantaged children receive the care and protection they need. By managing and securing funds, the foundation contributes significantly to creating a safe and loving environment for these children, helping them grow and thrive despite challenging circumstances.

Through its commitment to excellence in childcare, the foundation not only meets immediate needs but also fosters long-term positive outcomes for the children in its care. This mission of providing protection and nurturing allows these young individuals to realize their unique potential and eventually share their gifts with the world. The impact of the Children's Home Foundation Inc extends beyond mere funding; it is a lifeline for those affected by life's difficulties, reinforcing values of compassion, support, and hope.




This information is meant to be a general summary of Children's Home 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
$2,679,490 (2023)
Expenses
$1,370,058 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,160,723
  • Program Service Revenue: $18,000
  • Gross Receipts: $15,490,245

Assets and Liabilities:

  • Total Assets: $29,205,298
  • Total Liabilities: $302,761
  • Net Assets: $28,902,537

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Programs

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

CONSULTING

Revenue

$18,000

Organization Details

Founding Year

1995

Principal Officer

Eric Creel

Main Address

PO BOX 2449, LUBBOCK, TX, 79408

NTEE Category

Code: T30I - Philanthropy

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