Sweetwater Action Fund

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

EIN: 843726802 ✦ Fulton, MD ✦ Designated as a 501(c)(4)

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Overview

What is Sweetwater Action Fund?

Sweetwater Action Fund is a nonprofit organization situated in Fulton, Maryland, with an address at 8171 Maple Lawn Blvd. The organization's primary objective is to promote social welfare by offering strategic and financial aid to other charitable organizations, specifically those classified under sections 501(c)(3) or 501(c)(4) of the Internal Revenue Code. At present, their focus is on setting program goals. They contribute to the sector by financially and strategically supporting other organizations that align with their mission, thereby furthering their shared objectives in the social welfare domain.

Is Sweetwater Action Fund legitimate?

Sweetwater Action Fund is a legitimate nonprofit organization registered as a 501(c)(4) entity. Sweetwater Action Fund 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 Sweetwater Action Fund?

The Sweetwater Action Fund's mission is centered around promoting social welfare. They achieve this by offering strategic and financial assistance to other organizations that share their mission and are exempt under sections 501(c)(3) or 501(c)(4). The primary goal of the organization is to support these partner organizations in their work, contributing to the betterment of society as a whole. Currently, their activities focus on setting program goals.

Who is the CEO of Sweetwater Action Fund?

Christine A Shreve is the Treasurer of Sweetwater Action Fund.

What is the revenue of Sweetwater Action Fund?

Sweetwater Action Fund's revenue in 2022 was $172,632.

Who are the executives of Sweetwater Action Fund and what are their salaries?

There 6 volunteers at Sweetwater Action Fund.


Here are 9 key members and their salaries:


Christine A Shreve (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary C Acker (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David J Korotkin (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roberta Bainum (President And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Froom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Everett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Froom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexander Froom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maluhia Froom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sweetwater Action Fund?

Sweetwater Action Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Sweetwater Action Fund

Sweetwater Action Fund, as a nonprofit organization, is committed to promoting social welfare. It achieves this by providing strategic and financial support to other organizations that share its mission and are exempt under sections 501(c)(3) or 501(c)(4). The primary goal of Sweetwater Action Fund is to strengthen these organizations and enhance their capacity to contribute positively to society. By offering strategic guidance and financial aid, the organization aims to amplify the impact of these organizations and advance the cause of social welfare. Currently, Sweetwater Action Fund is focusing on developing program goals to further its mission and maximize its influence in promoting social welfare.

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Impact




October, 2024

The Sweetwater Action Fund significantly impacts social welfare by providing strategic and financial support to 501(c)(3) and 501(c)(4) organizations. This support enhances the capacity of these organizations to further their missions, ultimately benefiting communities in need. By focusing on developing program goals, Sweetwater Action Fund helps to create a collaborative environment where resources and strategies are aligned to effect meaningful change. Operating out of Fulton, MD, the fund fosters philanthropy that strengthens the ecosystem of social welfare organizations, amplifying their efforts to improve lives and address pressing societal issues.




This information is meant to be a general summary of Sweetwater Action Fund. 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
$172,632 (2022)
Expenses
$16,742 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $172,632
  • Gross Receipts: $1,731,021

Assets and Liabilities:

  • Total Assets: $35,185,661
  • Total Liabilities: $0
  • Net Assets: $35,185,661

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Organization Details

Founding Year

2019

Principal Officer

Christine A Shreve

Main Address

8171 Maple Lawn Blvd, Fulton, MD, 20759

NTEE Category

Code: T20 - Philanthropy

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