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St Mary's Catholic Education Foundation

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

EIN: 841516506 ✦ Colorado springs, CO ✦ Designated as a 501(c)(3)

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Overview

What is St Mary's Catholic Education Foundation?

St. Mary's Catholic Education Foundation, located in Colorado Springs, Colorado (specifically at 2501 E Yampa St), serves as a dedicated nonprofit organization. Its primary mission is to foster opportunities in Catholic education by offering financial aid to local schools and providing tuition assistance to individuals who wish to attend these institutions. The foundation aims to support secondary education in the Colorado Springs area and its surroundings, working tirelessly to enhance accessibility and affordability for Catholic education.

Is St Mary's Catholic Education Foundation legitimate?

St Mary's Catholic Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Mary's Catholic Education 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

What is the mission statement of St Mary's Catholic Education Foundation?

The St Mary's Catholic Education Foundation's mission is centered around providing financial aid to advance secondary Catholic education. This mission encompasses offering financial support to Catholic schools and providing tuition assistance to students attending these institutions in the Colorado Springs area and its surroundings. In essence, the foundation's objective is to create opportunities for Catholic education, ensuring that it remains accessible to a wider population.

What is the revenue of St Mary's Catholic Education Foundation?

St Mary's Catholic Education Foundation's revenue in 2024 was $235,784.

Who are the executives of St Mary's Catholic Education Foundation and what are their salaries?

Here are 5 key members and their salaries:


Randy Cloud (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim O'Connor (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leroy Hoelting (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Bodnar (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nate Lenz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for St Mary's Catholic Education Foundation?

St Mary's Catholic Education Foundation's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of St Mary's Catholic Education Foundation

St. Mary's Catholic Education Foundation is an organization dedicated to advancing secondary Catholic education in a specific region, which includes Colorado Springs and its surrounding areas. Their primary mission is to provide financial assistance, serving as a crucial financial backbone for Catholic schools in the area. Beyond this, they also offer tuition aid to individuals pursuing their education in these very same Catholic institutions. In essence, St. Mary's Catholic Education Foundation is committed to expanding opportunities for Catholic education, ensuring that financial constraints do not hinder students from accessing this form of education.

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Impact




October, 2024

St Mary's Catholic Education Foundation significantly enhances access to secondary Catholic education in Colorado Springs and the surrounding area. By providing financial support to Catholic schools and tuition assistance to individuals, the foundation opens doors for students and families who might otherwise be unable to afford a Catholic education. This commitment to educational opportunity fosters a strong community rooted in shared values and faith, enabling students to thrive academically and personally. The foundation's efforts ensure that quality Catholic education remains an achievable goal for many, contributing to the development of well-rounded individuals who are equipped to make positive impacts in their communities.




This information is meant to be a general summary of St Mary's Catholic Education 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
$235,784 (2024)
Expenses
$63,278 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $36,208
  • Gross Receipts: $239,231

Assets and Liabilities:

  • Total Assets: $859,176
  • Total Liabilities: $0
  • Net Assets: $859,176

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Organization Details

Founding Year

2000

Principal Officer

Tim O'Connor

NTEE Category

Code: B82 - Education

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