Overview
What is San Angelo Stock Show & Rodeo Foundation?
The San Angelo Stock Show & Rodeo Foundation is a nonprofit organization situated in San Angelo, Texas. With a single employee, its primary goal is to support the operations and scholarship funds of the San Angelo Stock Show and Rodeo Association. The foundation's mission is to aid the association in fulfilling its exempt purpose, which includes promoting agricultural education, community involvement, and supporting local youth through scholarships. The resources for the foundation's activities primarily come from the association, investment income, and donations.
Is San Angelo Stock Show & Rodeo Foundation legitimate?
San Angelo Stock Show & Rodeo Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. San Angelo Stock Show & Rodeo Foundation 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: $23,100
For more financial information, click here
What is the mission statement of San Angelo Stock Show & Rodeo Foundation?
The San Angelo Stock Show & Rodeo Foundation's mission is to aid the San Angelo Stock Show and Rodeo Association in accomplishing its exempt objectives. The primary resources for the foundation's activities are mainly provided by the association itself, investment income, and donations. The foundation's purpose is to support the association in its operations and scholarship funds.
In essence, the San Angelo Stock Show & Rodeo Foundation serves to strengthen the San Angelo Stock Show and Rodeo Association, assisting in its operations and providing financial support for scholarships.
The foundation primarily relies on resources from the association, investment income, and contributions to carry out its mission. This includes supporting the association's exempt purpose and contributing to its scholarship funds.
Who is the CEO of San Angelo Stock Show & Rodeo Foundation?
Justin Jonas is the President of San Angelo Stock Show & Rodeo Foundation.
What is the revenue of San Angelo Stock Show & Rodeo Foundation?
San Angelo Stock Show & Rodeo Foundation's revenue in 2022 was $1,404,195.
Who are the executives of San Angelo Stock Show & Rodeo Foundation and what are their salaries?
The average compensation at San Angelo Stock Show & Rodeo Foundation during 2022 was $23,100. There is 1 employee and 12 volunteers at San Angelo Stock Show & Rodeo Foundation.
Here are 12 key members and their salaries:
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- Compensation: $23,100
- Related: $158,059
- Other: $5,936
Where can I find the form 990 for San Angelo Stock Show & Rodeo Foundation?
San Angelo Stock Show & Rodeo Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of San Angelo Stock Show & Rodeo Foundation
The San Angelo Stock Show & Rodeo Foundation is dedicated to supporting the San Angelo Stock Show and Rodeo Association in fulfilling its charitable objectives. The foundation's primary role is to provide resources for the association's activities, primarily through contributions, investment income, and support from the association itself. Its mission is geared towards aiding the association in carrying out its exempt purpose, which encompasses the operations of the stock show and rodeo, as well as scholarship funds. The San Angelo Stock Show & Rodeo Foundation serves as a crucial partner in the association's endeavors, contributing to its success and the broader community it serves.
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Impact
October, 2024
The San Angelo Stock Show & Rodeo Foundation plays a crucial role in supporting the San Angelo Stock Show and Rodeo Association's operations, particularly in facilitating educational initiatives and providing scholarship funds. By enhancing the financial resources available to the association, the foundation ensures the continuity and growth of this cherished community event, which not only preserves agricultural heritage but also fosters local engagement.
The foundation's efforts directly impact the region by empowering students through educational scholarships, promoting agricultural education, and encouraging youth involvement in agriculture-related activities. This commitment strengthens community ties and invests in the future of the next generation, enriching both individual lives and the broader San Angelo community.
Through its various programs and initiatives, the foundation reinforces the importance of agriculture and livestock in local culture while facilitating a platform for showcasing talent and hard work. Its reliance on contributions and investment income further allows for sustainable operations, ensuring that the Stock Show and Rodeo continues to thrive for years to come.
This information is meant to be a general summary of San Angelo Stock Show & Rodeo Foundation. 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: $869,516
- Gross Receipts: $10,205,327
Assets and Liabilities:
- Total Assets: $16,808,927
- Total Liabilities: $3,113,522
- Net Assets: $13,695,405
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Organization Details
Founding Year
2002
Phone
(325) 653-7785Principal Officer
Justin Jonas
Main Address
200 WEST 43RD STREET, SAN ANGELO, TX, 76903
NTEE Category
Code: B82 - Education
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