Overview
What is South Padre Island Community Endowment Foundation Inc?
South Padre Island Community Endowment Foundation Inc is a charitable organization situated in South Padre Island, Texas. Their primary mission is to offer financial assistance to the South Padre Island Community Foundation, Inc., aiding in supplementing its operating income. This ongoing support ensures the foundation's continued operations and sustainability. The foundation's goals contribute to the overall well-being and development of the South Padre Island community.
Is South Padre Island Community Endowment Foundation Inc legitimate?
South Padre Island Community Endowment Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Padre Island Community Endowment 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of South Padre Island Community Endowment Foundation Inc?
The South Padre Island Community Endowment Foundation Inc's mission is centered around providing financial assistance to enhance the operational capacity of a related organization. This support aims to ensure the foundation's sustained operations, thereby contributing to its long-term viability. This financial aid serves to supplement the foundation's income, thereby securing its continued existence and ability to carry out its objectives.
Who is the CEO of South Padre Island Community Endowment Foundation Inc?
Dennis Franke is the President of South Padre Island Community Endowment Foundation Inc.
What is the revenue of South Padre Island Community Endowment Foundation Inc?
South Padre Island Community Endowment Foundation Inc's revenue in 2022 was $43,647.
Who are the executives of South Padre Island Community Endowment Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for South Padre Island Community Endowment Foundation Inc?
South Padre Island Community Endowment Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of South Padre Island Community Endowment Foundation Inc
South Padre Island Community Endowment Foundation Inc, as its mission statement suggests, is dedicated to providing financial support to enhance the operational income of the South Padre Island Community Foundation Inc. This financial aid serves to ensure the continued operations of the community foundation. By doing so, the endowment foundation aims to contribute significantly to the sustainability and growth of the community foundation, thereby benefitting the wider community it serves.
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Impact
October, 2024
The South Padre Island Community Endowment Foundation Inc plays a crucial role in enhancing the sustainability and effectiveness of the South Padre Island Community Foundation. By providing essential financial support, it ensures that the foundation can continue its operations, contributing to the overall well-being of the South Padre Island community. This financial backing allows for the continuation of programs and initiatives that address local needs, fostering development, enhancing quality of life, and promoting philanthropy within the community. The foundation’s commitment to supporting the community enables various projects and services to thrive, making a lasting impact on the residents of South Padre Island.
This information is meant to be a general summary of South Padre Island Community Endowment 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $43,647
- Gross Receipts: $112,979
Assets and Liabilities:
- Total Assets: $1,388,681
- Total Liabilities: $0
- Net Assets: $1,388,681
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Organization Details
Founding Year
2002
Phone
(956) 761-2606Principal Officer
Dennis Franke
Main Address
P O BOX 2108, SOUTH PADRE ISLAND, TX, 78597
NTEE Category
Code: T11 - Philanthropy
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