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American Gelbvieh Foundation

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

EIN: 841184716 ✦ Lincoln, NE ✦ Designated as a 501(c)(3)

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Overview

What is American Gelbvieh Foundation?

The American Gelbvieh Foundation, located at 1001 S 70TH STREET SUITE 215, Lincoln, NE 68510, is a nonprofit organization dedicated to preserving and advancing Gelbvieh genetics. Their mission is threefold: securing, growing, and responsibly distributing assets for research, member education, and youth development. This endeavor aims to sustain and expand Gelbvieh genetics, benefiting the foundation's members and future generations.


Official website here: www.gelbvieh.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 65%)

The American Gelbvieh Foundation has received a "Needs Improvement" rating from Charity Navigator, indicating concerns regarding their accountability and financial practices. Although the organization has a fully independent board and has demonstrated strong management regarding asset diversion and liability ratios, there are significant gaps in their policy documentation which have contributed to their lower overall score.

While the foundation shows a reasonable program expense ratio of 61.58%, signaling that a majority of its expenses are directed toward its programs, the absence of essential policies such as a conflict of interest policy, whistleblower policy, and document retention guidelines raises red flags. These missing elements can hinder transparency and accountability, crucial for building trust with donors and stakeholders.

The organization's commitment to maintaining its board's independence is commendable, but without addressing the identified weaknesses in their policy framework and improving their financial reporting practices, the foundation may struggle to enhance its credibility and donor confidence in the future.


This AI summary has been generated from information found on Charity Navigator.

Is American Gelbvieh Foundation legitimate?

American Gelbvieh Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Gelbvieh 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.


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


Official website here: www.gelbvieh.org

What is the mission statement of American Gelbvieh Foundation?

The American Gelbvieh Foundation is dedicated to safeguarding, expanding, and thoughtfully dispersing resources for research, member education, and youth development. The primary goal is to sustain and foster the growth of Gelbvieh genetics. By doing so, the foundation aims to contribute to the advancement of the Gelbvieh breed and the knowledge surrounding it. The organization also focuses on providing educational opportunities for its members and nurturing the development of youth involved in the Gelbvieh industry.


Official website here: www.gelbvieh.org

Who is the CEO of American Gelbvieh Foundation?

Megan Slater is the Director of American Gelbvieh Foundation.


Official website here: www.gelbvieh.org

What is the revenue of American Gelbvieh Foundation?

American Gelbvieh Foundation's revenue in 2022 was $54,731.


Official website here: www.gelbvieh.org

Who are the executives of American Gelbvieh Foundation and what are their salaries?

There 12 volunteers at American Gelbvieh Foundation.


Here are 13 key members and their salaries:


Tanner Aherin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Arnold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Beastrom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Carrel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Dunn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Goes (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Knapp (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Knapp (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Leonhardt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Wade (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Wehner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Slater (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gelbvieh.org

Where can I find the form 990 for American Gelbvieh Foundation?

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


Official website here: www.gelbvieh.org

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

Mission Statement of American Gelbvieh Foundation

The American Gelbvieh Foundation is dedicated to safeguarding, expanding, and judiciously dispensing resources for research, educational programs, and youth development. Its primary objective is to sustain and advance Gelbvieh genetics. By securing and growing these assets, the foundation aims to foster continued improvement and progress in the field, ultimately benefiting its members. In essence, the American Gelbvieh Foundation serves as a catalyst for growth and innovation, ensuring the longevity and success of Gelbvieh genetics.

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Impact




August, 2024

The American Gelbvieh Foundation plays a significant role in securing, growing, and responsibly distributing assets for research, member education, and youth development within the Gelbvieh genetics community. Through its efforts, the foundation aims to sustain and expand the genetic resources of Gelbvieh cattle. This impact is essential for the advancement of the Gelbvieh breed and the overall improvement of the livestock industry.




This information is meant to be a general summary of American Gelbvieh 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
$54,731 (2022)
Expenses
$26,744 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $31,523
  • Gross Receipts: $64,354

Assets and Liabilities:

  • Total Assets: $1,028,077
  • Total Liabilities: $1,150
  • Net Assets: $1,026,927

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Organization Details

Founding Year

1991

Principal Officer

Megan Slater

Main Address

1001 S 70TH STREET SUITE 215, LINCOLN, NE, 68510

NTEE Category

Code: B99Z - Education

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