Vekter Foundation

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

EIN: 843627635 ✦ Gadsden, AL ✦ Designated as a 501(c)(3)

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Overview

What is Vekter Foundation?

The Vekter Foundation is a nonprofit organization, its primary objective being to offer need-based scholarships. Beyond this, the foundation aims to strengthen education, healthcare, housing, and support services for individuals. To achieve these goals, they collaborate with other nonprofit organizations and resources. The foundation's mission extends to providing educational services and scholarships, contributing positively to the community by addressing various essential needs.

Is Vekter Foundation legitimate?

Vekter Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vekter Foundation submitted a form 990EZ, 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.

What is the mission statement of Vekter Foundation?

The Vekter Foundation's primary mission is initially focused on providing need-based scholarships. Beyond this, the organization aims to expand its scope by collaborating with other nonprofits and resources to improve education, healthcare, housing, and services for individuals. Their additional activities aim to enhance the overall well-being of individuals by enhancing these essential sectors.

Who is the CEO of Vekter Foundation?

Phillip Carr is the President of Vekter Foundation.

What is the revenue of Vekter Foundation?

Vekter Foundation's revenue in 2023 was $40,216.

Who are the executives of Vekter Foundation and what are their salaries?


Here are 3 key members and their salaries:


Phillip Carr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rhonda Carr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyler Carr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Vekter Foundation?

Vekter Foundation's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Vekter Foundation

The Vekter Foundation, in its mission, primarily focuses on providing need-based scholarships to individuals. Beyond this, the organization intends to expand its scope by collaborating with other nonprofits and resources to improve education, healthcare, housing, and services for those in need. By engaging in these additional activities, the Vekter Foundation aims to enhance the overall well-being and opportunities for individuals, contributing to a more supportive and empowered community.

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Impact




August, 2024

Vekter Foundation's impact lies in providing need-based scholarships and working towards enhancing education, healthcare, housing, and services for individuals. By partnering with other nonprofits and leveraging available resources, the foundation extends its reach to support a wider range of initiatives that positively impact the community. Through its educational services and scholarship programs, Vekter Foundation plays a vital role in empowering individuals and fostering a brighter future for many.




This information is meant to be a general summary of Vekter 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
$40,216 (2023)
Expenses
$14,080 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $29
  • Program Service Revenue: $40,187
  • Gross Receipts: $40,216

Assets and Liabilities:

  • Total Assets: $52,194
  • Total Liabilities: $0
  • Net Assets: $52,194

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Organization Details

Principal Officer

Phillip Carr

Main Address

400 BROAD STREET, GADSDEN, AL, 35901

NTEE Category

Code: T22 - Philanthropy

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