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Seafair Charitable Foundation

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

EIN: 830783366 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

Overview

What is Seafair Charitable Foundation?

The Seafair Charitable Foundation, based in Seattle, Washington, is a nonprofit organization dedicated to promoting social, cultural, and community activities. Their primary objective is to offer affordable fun and bring communities together. Despite the cancellation of all events in 2021 due to the COVID-19 pandemic, the foundation successfully resumed its activities in 2022, featuring the Seafair Summer 4th, Torchlight Parade and Run, Seafair Weekend Airshow and Hydroplane Races, and a floating concert. The foundation contributed to resuming 30 community festivals and parades in the greater Seattle area, furthering its mission of creating memorable experiences, providing affordable entertainment, and fostering a sense of community unity. The Seafair Charitable Foundation, with a workforce of 14 individuals, has made a significant impact in the Seattle area by organizing engaging events that cater to a wide range of audiences.


Official website here: www.seafair.org

Is Seafair Charitable Foundation legitimate?

Seafair Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seafair Charitable 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.

Here are some key statistics you may want to consider:

Executive Compensation: $180,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $401,977

For more financial information, click here


Official website here: www.seafair.org

What is the mission statement of Seafair Charitable Foundation?

The Seafair Charitable Foundation's mission is centered around promoting social, cultural, and community activities in a broader context. Their objective is to create cherished memories, offer affordable fun, and foster a sense of unity within communities. Despite the cancellation of all events in 2021 due to COVID-19, the foundation managed to resume its activities in 2022. This included the Seafair Summer 4th, Torchlight Parade and Run, the Seafair Weekend Airshow and Hydroplane Races, and a floating concert that attracted boaters for a day filled with live music and water activities. Lastly, Seafair played a significant role in resuming over 30 community festivals and parades in 2022.


Official website here: www.seafair.org

Who is the CEO of Seafair Charitable Foundation?

Eric Corning is the Chair of Seafair Charitable Foundation. The CEO's salary of Seafair Charitable Foundation is $180,000 and their total compensation is $180,000.


Official website here: www.seafair.org

What is the revenue of Seafair Charitable Foundation?

Seafair Charitable Foundation's revenue in 2022 was $3,771,011.


Official website here: www.seafair.org

Who are the executives of Seafair Charitable Foundation and what are their salaries?

The average compensation at Seafair Charitable Foundation during 2022 was $41,570. There are 14 employees and 2,000 volunteers at Seafair Charitable Foundation.

Here are 20 key members and their salaries (Seafair Charitable Foundation's CEO's salary is $180,000 and their total compensation is $180,000):

    Eric Corning (President/Ceo)
  • Compensation: $180,000
  • Related: $0
  • Other: $0

    • Phontel Shami (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Delmas Whittaker (Chair-Elect) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Emily Hayes (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria Tringali (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deanne Ederer Emmons (Past-Chair/Governance) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Crump (Government Affairs) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Rudd (Alumni Advisory) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joel Andrus (Member-At-Large) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pam Anderson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lance Ball (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jimmy Collins (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jaymelina Esmele (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Gleason (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ken Grant (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ron Higgs (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Kaslik (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Sposari (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Delee Shoemaker (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Taylor (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.seafair.org

    Where can I find the form 990 for Seafair Charitable Foundation?

    The Seafair Charitable Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.seafair.org

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

    Mission Statement of Seafair Charitable Foundation

    Seafair Charitable Foundation, a nonprofit organization, is dedicated to promoting social, cultural, and community activities in the greater Seattle area. Their mission is multifaceted, aiming to create memorable experiences, provide affordable fun, and foster a sense of unity within the communities. In 2021, all events were canceled due to the COVID-19 pandemic, but the foundation made a comeback in 2022. The Seafair Summer 4th, Torchlight Parade and Run, and the Seafair Weekend Airshow and Hydroplane Races returned, bringing joy and excitement back to the community. Moreover, a floating concert was organized, attracting boaters of all kinds to enjoy a day filled with live music and water activities. Seafair also played a significant role in resuming the 30 community festivals and parades in 2022, contributing to the revitalization of community spirit and togetherness.

    Impact

    This information is meant to be a general summary of Seafair Charitable Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Seafair Charitable Foundation's impact lies in promoting social, cultural, and community activities in the greater Seattle area. By organizing events such as the Seafair Summer 4th, Torchlight Parade and Run, and the Seafair Weekend Airshow and Hydroplane Races, Seafair creates opportunities for affordable fun and community cohesion. Even in the face of challenges like the cancellation of events in 2021 due to COVID-19, Seafair has contributed to the resumption of 30 community festivals and parades in 2022, fostering a sense of togetherness and shared experiences among residents. Through initiatives like the floating concert that brought boaters together for a day of live music and water activities, Seafair continues to play a vital role in uniting communities and creating lasting memories for all participants.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $294
  • Program Service Revenue: $1,201,637
  • Gross Receipts: $4,028,367

    • Assets and Liabilities:
  • Total Assets: $1,049,430
  • Total Liabilities: $1,081,292
  • Net Assets: -$31,862
  • Programs

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

    ENTRY FEES

    Revenue

    $1,201,637

    Organization Details

    Founding Year

    2018

    Principal Officer

    Eric Corning

    Main Address

    1455 NW LEARY WAY 400, SEATTLE, WA, 98121

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of Seafair Charitable Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.