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Somerville Education Foundation Inc

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

EIN: 814505509 ✦ Somerville, MA ✦ Designated as a 501(c)(3)

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Overview

What is Somerville Education Foundation Inc?

The Somerville Education Foundation Inc, situated in Somerville, is a dedicated nonprofit organization. Their primary objective is to foster learning opportunities for the entire Somerville community. They achieve this by strategically allocating local resources, ensuring that children and young people's fundamental needs are met. This commitment to community empowerment enriches the educational landscape of Somerville, promoting equitable access to learning opportunities for all residents.


Official website here: www.somervilleedfoundation.org

Is Somerville Education Foundation Inc legitimate?

Somerville Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Somerville Education Foundation Inc submitted a form 990EZ, 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: $73,369

For more financial information, click here


Official website here: www.somervilleedfoundation.org

What is the mission statement of Somerville Education Foundation Inc?

The Somerville Education Foundation's mission is centered around enhancing learning opportunities for all residents in Somerville. They focus on using community resources effectively to ensure that children and young individuals have their fundamental needs met. This mission is geared towards providing an equitable education environment for all.


Official website here: www.somervilleedfoundation.org

What is the revenue of Somerville Education Foundation Inc?

Somerville Education Foundation Inc's revenue in 2024 was $392,406.


Official website here: www.somervilleedfoundation.org

Who are the executives of Somerville Education Foundation Inc and what are their salaries?

Here are 12 key members and their salaries:


Greg Nadeau (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wilbert Pineda (Co-Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Rafkind (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marian Berkowitz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Chiu (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Saladin Islam (Co-Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Curtatone (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Adeleine Mannion (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Tate (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vladimir Benoit (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Mendoza (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Regina Carey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.somervilleedfoundation.org

Where can I find the form 990 for Somerville Education Foundation Inc?

Somerville Education Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.somervilleedfoundation.org

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

Mission Statement of Somerville Education Foundation Inc

The Somerville Education Foundation, a community-focused organization, is dedicated to enhancing learning opportunities for all residents in Somerville. Their mission revolves around prioritizing local resources to guarantee that every child and young person in the area has their fundamental needs met. By doing so, they aim to create an environment where education can thrive, ultimately fostering a community that values learning and personal growth.

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Impact




August, 2024

Somerville Education Foundation Inc's impact is evident in their dedication to promoting learning opportunities for all residents of Somerville. By prioritizing community resources and ensuring that all children and young people have their basic needs met, the foundation plays a crucial role in supporting education and development in the community. Through their mission to provide access to educational resources and support, Somerville Education Foundation Inc positively impacts the lives of individuals in Somerville, Massachusetts, fostering a culture of learning and growth for all.




This information is meant to be a general summary of Somerville Education 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
$392,406 (2024)
Expenses
$232,918 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $38,888
  • Gross Receipts: $392,406

Assets and Liabilities:

  • Total Assets: $186,077
  • Total Liabilities: $12,686
  • Net Assets: $173,391

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Programs

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

PROGRAM INCOME

Revenue

$38,888

Organization Details

Principal Officer

Barry Rafkind

NTEE Category

Code: B99 - Education

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