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Rotary Club Of Pearland Foundation

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

EIN: 822459734 ✦ Pearland, TX ✦ Designated as a 501(c)(3)

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Overview

What is Rotary Club Of Pearland Foundation?

The Rotary Club Of Pearland Foundation is a nonprofit organization that was established to support the Rotary Club of Pearland. In 2022, they successfully raised a significant amount of funds, totaling 606, with the intention of transferring these funds to the Rotary Club of Pearland. Regrettably, the funds were not transferred during that particular year. The primary mission of this foundation is to contribute financially to the Rotary Club of Pearland, aiming to enhance its operations and initiatives.

Is Rotary Club Of Pearland Foundation legitimate?

Rotary Club Of Pearland Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rotary Club Of Pearland Foundation 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: $0

For more financial information, click here

What is the mission statement of Rotary Club Of Pearland Foundation?

The Rotary Club Of Pearland Foundation's primary objective is to accumulate funds for the benefit of The Rotary Club of Pearland. Despite raising a substantial sum of 606 during 2022, the collected funds were not transferred to the Rotary Club of Pearland during that year. The organization's main purpose remains to contribute financially to the Rotary Club of Pearland, aiming to support its operations and initiatives.

What is the revenue of Rotary Club Of Pearland Foundation?

Rotary Club Of Pearland Foundation's revenue in 2024 was $21,496.

Who are the executives of Rotary Club Of Pearland Foundation and what are their salaries?

Here are 4 key members and their salaries:


Mike Schmit (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Fessenden (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derrick Taylor (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Vaught (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Rotary Club Of Pearland Foundation?

Rotary Club Of Pearland Foundation's most recent form 990EZ was submitted in 2024 and can be accessed here.

Mission Statement of Rotary Club Of Pearland Foundation

The Rotary Club Of Pearland Foundation is committed to raising funds for the Rotary Club of Pearland. Despite raising an impressive sum of 606 during 2022, the funds raised were unfortunately not transferred to the Rotary Club of Pearland during the same year. The mission of this foundation, therefore, is centered around supporting its parent organization, the Rotary Club of Pearland, financially. This support is essential for the Rotary Club of Pearland to carry out its own charitable activities and initiatives. The Rotary Club Of Pearland Foundation serves as a crucial financial backbone, enabling the Rotary Club of Pearland to continue its mission of making a positive impact in its community and beyond.

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Impact




August, 2024

The Rotary Club of Pearland Foundation has had a notable impact through its fundraising efforts for the Rotary Club of Pearland. In 2022, the foundation successfully raised $606 towards supporting the activities and initiatives of the Rotary Club of Pearland. This collaboration has enabled the Rotary Club of Pearland to further its mission and deliver vital human services to the community.




This information is meant to be a general summary of Rotary Club Of Pearland 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.

Revenue
$21,496 (2024)
Expenses
$0 (2024)
Efficiency

Other financial information:

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

  • Gross Receipts: $21,496

Assets and Liabilities:

  • Total Assets: $787
  • Total Liabilities: $0
  • Net Assets: $787

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Organization Details

Principal Officer

Mike Schmit

NTEE Category

Code: P20 - Human services

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