Svc Foundation Corp

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

EIN: 834633381 ✦ Miami, FL ✦ Designated as a 501(c)(3)

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Overview

What is Svc Foundation Corp?

Svc Foundation Corp is a compassionate nonprofit organization situated in Miami, Florida. With a small team of two dedicated individuals, they focus on assisting families in need. Their primary activities involve collecting donations, which are then organized by volunteers into food bags and distributed to registered families each week, approximately 200 bags. The organization extends its support beyond food relief, offering aid to families with housing and utility bill payments. Additionally, they extend their reach beyond their local community, providing assistance to those in need in Venezuela, providing medical treatment and food. Overall, Svc Foundation Corp is dedicated to uplifting the lives of those facing hardships by leveraging their community, volunteers, and donations.


Official website here: www.svcfoundationcorp.com

Is Svc Foundation Corp legitimate?

Svc Foundation Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Svc Foundation Corp 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: $33,792

For more financial information, click here


Official website here: www.svcfoundationcorp.com

What is the mission statement of Svc Foundation Corp?

Svc Foundation Corp's mission is centered around assisting the less fortunate through community initiatives. The organization facilitates this by mobilizing volunteers to organize events and collect donations. These resources are then utilized to provide essential aid to families in need, such as food, housing assistance, and utility bill payments. Additionally, the foundation extends its reach beyond local boundaries, offering aid to families in crisis situations, like those in Venezuela, requiring medical treatment and food supplies.


Official website here: www.svcfoundationcorp.com

Who is the CEO of Svc Foundation Corp?

Fernando Bolanos is the Director of Svc Foundation Corp.


Official website here: www.svcfoundationcorp.com

What is the revenue of Svc Foundation Corp?

Svc Foundation Corp's revenue in 2022 was $185,336.


Official website here: www.svcfoundationcorp.com

Who are the executives of Svc Foundation Corp and what are their salaries?

The average compensation at Svc Foundation Corp during 2022 was $16,896. There are 2 employees and 15 volunteers at Svc Foundation Corp.


Here are 4 key members and their salaries:


Gerardo Guzman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Manuel J Pares (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fernando Bolanos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ana Amendolara (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.svcfoundationcorp.com

Where can I find the form 990 for Svc Foundation Corp?

Svc Foundation Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.svcfoundationcorp.com

Learn more at the official website: www.svcfoundationcorp.com

Mission Statement of Svc Foundation Corp

Svc Foundation Corp is dedicated to aiding those in need within the community. Their mission is accomplished through the organization of volunteers, who work tirelessly to arrange events and collect donations. These resources are then utilized to provide essential aid to families who are struggling financially. During the year 2022, the foundation received a substantial amount of food donations. These donations were meticulously organized by volunteers, who packaged them into food bags. These bags were then distributed to registered families in need, with approximately 200 bags being delivered each week. In addition to providing food assistance, Svc Foundation Corp also extends a helping hand to families by assisting them with housing and utility bill payments. Furthermore, the foundation has shown compassion by sending aid to Venezuela, offering medical treatment and food to those in need.

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Impact




October, 2024

Svc Foundation Corp significantly impacts the community by addressing critical needs for individuals and families facing hardships. Through organized volunteer efforts, the foundation distributes approximately 200 food bags weekly to registered families in need, ensuring they have access to essential nourishment. Additionally, Svc Foundation Corp assists with housing and utility bill payments, alleviating financial burdens for struggling families.

Moreover, the organization's outreach extends beyond local efforts, as evidenced by its aid sent to Venezuela for medical treatment and food assistance, showcasing a commitment to humanitarian support on a broader scale. By fostering community involvement and facilitating donations, Svc Foundation Corp plays a crucial role in enhancing the well-being of vulnerable populations, making a tangible difference in their lives and helping to build a stronger, more supportive community.




This information is meant to be a general summary of Svc Foundation Corp. 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
$185,336 (2022)
Expenses
$157,221 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$46
  • Gross Receipts: $188,229

Assets and Liabilities:

  • Total Assets: $125,215
  • Total Liabilities: $0
  • Net Assets: $125,215

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Organization Details

Founding Year

2019

Principal Officer

Fernando Bolanos

Main Address

2377 NW 97th AVE, Miami, FL, 33172

NTEE Category

Code: P20 - Human services

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