Tenth Mountain Endowment Fund Inc

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

EIN: 841210074 ✦ Aspen, CO ✦ Designated as a 501(c)(3)

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Overview

What is Tenth Mountain Endowment Fund Inc?

Tenth Mountain Endowment Fund Inc is a nonprofit organization, recognized as a 501(C)3 entity, with a mission to support the Tenth Mountain Division Hut Association. Based in Aspen, Colorado, their primary focus is to raise funds for various projects, including hut improvements, an internship program, and other initiatives that align with the association's objectives. The endowment fund, governed by a board of directors, serves as a crucial resource to facilitate these endeavors.

Is Tenth Mountain Endowment Fund Inc legitimate?

Tenth Mountain Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tenth Mountain 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.


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 Tenth Mountain Endowment Fund Inc?

The Tenth Mountain Endowment Fund Inc. supports the Tenth Mountain Division Hut Association, a non-profit organization, by providing endowment funds for various projects. These projects include improving huts, supporting an internship program, and undertaking other initiatives as approved by the board of directors. The fund's mission is to contribute financially to the association's objectives, thereby aiding in the enhancement of its facilities and programs. The endowment fund also plays a role in supporting the association's operational expenses and other requests, subject to the board's approval. In essence, the Tenth Mountain Endowment Fund Inc. aims to bolster the Tenth Mountain Division Hut Association's operations and initiatives.

Who is the CEO of Tenth Mountain Endowment Fund Inc?

John Wells is the Director of Tenth Mountain Endowment Fund Inc.

What is the revenue of Tenth Mountain Endowment Fund Inc?

Tenth Mountain Endowment Fund Inc's revenue in 2022 was $556,728.

Who are the executives of Tenth Mountain Endowment Fund Inc and what are their salaries?


Here are 6 key members and their salaries:


Caleb Gates (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Hames (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howell Mallory (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Wells (President/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter A Looram (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas J Todd (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Tenth Mountain Endowment Fund Inc?

Tenth Mountain Endowment Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Tenth Mountain Endowment Fund Inc

Tenth Mountain Endowment Fund Inc is dedicated to supporting the Tenth Mountain Division Hut Association, a non-profit organization, through endowment funds. This support extends to various projects, including hut improvements and the internship program, as approved by the Board of Directors. The fund's primary mission is to contribute financially to the betterment of the Tenth Mountain Division Hut Association and its initiatives, thereby fostering their growth and development. The Endowment Fund serves as a vital source of funding for the association, enabling it to undertake various projects and programs that align with its objectives. By providing financial support, Tenth Mountain Endowment Fund Inc plays a crucial role in the continued success and development of the Tenth Mountain Division Hut Association.

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Impact




October, 2024

Tenth Mountain Endowment Fund Inc plays a crucial role in enhancing the infrastructure and programs of the Tenth Mountain Division Hut Association. By providing endowment funds, it supports essential hut improvements that enhance the outdoor experience for visitors. The organization also funds an internship program, which cultivates future leaders and contributes to the conservation and maintenance of the huts. Additionally, it offers operational support and addresses specific project requests approved by its Board of Directors, ensuring the sustainability and growth of these vital resources for the community. Overall, its impact is reflected in improved facilities, enriched educational opportunities, and a strengthened connection between outdoor enthusiasts and nature.




This information is meant to be a general summary of Tenth Mountain 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.

Revenue
$556,728 (2022)
Expenses
$82,610 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $554,728
  • Gross Receipts: $2,858,877

Assets and Liabilities:

  • Total Assets: $8,531,324
  • Total Liabilities: $16,443
  • Net Assets: $8,514,881

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Organization Details

Founding Year

1992

Principal Officer

John Wells

Main Address

PO BOX 9454, ASPEN, CO, 81612

NTEE Category

Code: T11 - Philanthropy

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