Overview
What is United States Power Squadrons Endowment Fund Inc?
United States Power Squadrons Endowment Fund Inc is a nonprofit organization, primarily established to financially support the United States Power Squadrons, Inc. (USPS). Located in Raleigh, North Carolina, the Endowment Fund's purpose aligns with USPS's mission to promote and enhance recreational boating safety and education. The Endowment Fund collects, manages, and distributes funds to USPS for general needs and specific projects. Its operations are regulated under sections 509(A)(3) and 501(C)(3) of the Internal Revenue Code, aiming to support USPS in its endeavors to advance boating safety and education.
Official website here: www.uspsendowment.fund
Is United States Power Squadrons Endowment Fund Inc legitimate?
United States Power Squadrons Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United States Power Squadrons Endowment Fund 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.
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Official website here: www.uspsendowment.fund
What is the mission statement of United States Power Squadrons Endowment Fund Inc?
The United States Power Squadrons Endowment Fund Inc., established under sections 509(A)(3) and 501(C)(3) of the Internal Revenue Code, exclusively supports the United States Power Squadrons, Inc. Its mission, as outlined in the schedule O, is to primarily contribute to the well-being of the United States Power Squadrons, Inc., a North Carolina corporation also operating under section 501(C)(3) of the Internal Revenue Code. The Endowment Fund's role is to bolster the activities and operations of the United States Power Squadrons, Inc., providing it with necessary support to carry out its mission. The exact nature of this support or mission details are not disclosed in the provided information.
Official website here: www.uspsendowment.fund
What is the revenue of United States Power Squadrons Endowment Fund Inc?
United States Power Squadrons Endowment Fund Inc's revenue in 2023 was $165,700.
Official website here: www.uspsendowment.fund
Who are the executives of United States Power Squadrons Endowment Fund Inc and what are their salaries?
There 17848 volunteers at United States Power Squadrons Endowment Fund Inc.
Here are 10 key members and their salaries:
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- Related: $109,317
- Other: $792
Official website here: www.uspsendowment.fund
Where can I find the form 990 for United States Power Squadrons Endowment Fund Inc?
United States Power Squadrons Endowment Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.uspsendowment.fund
Learn more at the official website: www.uspsendowment.fund
Mission Statement of United States Power Squadrons Endowment Fund Inc
The United States Power Squadrons Endowment Fund Inc is established with a specific purpose, operating under sections 509(A)(3) and 501(C)(3) of the Internal Revenue Code of 1986. Its primary mission is to provide support to the United States Power Squadrons, Inc., a North Carolina corporation operating under section 501(C)(3) of the same code. The Endowment Fund's role is to aid and strengthen the United States Power Squadrons, an organization dedicated to promoting boating safety and education. By providing financial support, the Endowment Fund helps the United States Power Squadrons in its mission to enhance the boating experience for its members and the wider boating community.
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Impact
October, 2024
The United States Power Squadrons Endowment Fund Inc significantly impacts boating safety and education. By providing financial support to the United States Power Squadrons (USPS), the fund helps to enhance recreational boating safety initiatives and educational programs. This includes the development and delivery of training courses designed to improve the knowledge and skills of boaters, ultimately fostering safer waterways.
Moreover, the endowment fund plays a crucial role in sustaining USPS operations and initiatives through the solicitation, holding, and investment of funds. This financial backing ensures that USPS can undertake various projects aimed at promoting safe boating practices, thereby contributing to the overall safety and enjoyment of recreational boating in the United States.
The organization's efforts not only help to create a more educated boating community but also aim to reduce accidents and enhance the overall experience for recreational boaters. In essence, the United States Power Squadrons Endowment Fund Inc serves as a vital resource for empowering USPS in its mission to advocate for safe and responsible boating.
This information is meant to be a general summary of United States Power Squadrons Endowment Fund 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 2023.
- Investment Income: $55,771
- Gross Receipts: $403,222
Assets and Liabilities:
- Total Assets: $2,182,424
- Total Liabilities: $939
- Net Assets: $2,181,485
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Organization Details
Founding Year
2017
Principal Officer
Robert Baldridge
Website
www.uspsendowment.fundNTEE Category
Code: Z99 - Unknown
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