The Fortera Foundation Inc

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

EIN: 844066477 ✦ Clarksville, TN ✦ Designated as a 501(c)(3)

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Overview

What is The Fortera Foundation Inc?

The Fortera Foundation Inc, based in Clarksville, Tennessee, is currently in the initial stages of operation. Established with charitable intentions, the organization aims to distribute funds to exempt organizations, as per Section 501(C)(3) of the Internal Revenue Code, or its corresponding section in other jurisdictions. The Fortera Foundation's primary objective is to contribute to various charitable causes, thus positively impacting communities and individuals in need.

Is The Fortera Foundation Inc legitimate?

The Fortera Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Fortera Foundation 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 The Fortera Foundation Inc?

The Fortera Foundation Inc, established for charitable purposes, is organized to make distributions to organizations that qualify as exempt under Section 501(C)(3) of the Internal Revenue Code or its corresponding section in any other country. The foundation's primary objective is to support charitable causes by providing financial aid to eligible organizations. At this stage, the organization is still in its initial phases and has successfully met its set goals thus far.

Who is the CEO of The Fortera Foundation Inc?

Ginna Holleman is the President of The Fortera Foundation Inc.

What is the revenue of The Fortera Foundation Inc?

The Fortera Foundation Inc's revenue in 2022 was $3,275.

Who are the executives of The Fortera Foundation Inc and what are their salaries?

There 4 volunteers at The Fortera Foundation Inc.


Here are 4 key members and their salaries:


Jennifer Ventimiglia (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Peyret (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ginna Holleman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Kane (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Fortera Foundation Inc?

The Fortera Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Fortera Foundation Inc

The Fortera Foundation Inc, an organization established for charitable purposes, is primarily focused on making distributions to organizations that qualify as exempt under Section 501(C)(3) of the Internal Revenue Code or its corresponding section in any other region. In simpler terms, this foundation's mission is to support other non-profit organizations that are recognized for their charitable work. As of now, The Fortera Foundation Inc is in its initial stages of operation and has successfully achieved its set goals thus far.

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Impact




August, 2024

The Fortera Foundation Inc's impact can be seen in its focus on human services. The organization is dedicated to making charitable distributions to organizations that qualify as exempt under section 501(c)(3) of the Internal Revenue Code. Though still in the initial proceedings of start-up, The Fortera Foundation Inc has already met its goals to date, demonstrating a commitment to supporting causes that benefit communities in need.




This information is meant to be a general summary of The Fortera Foundation 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
$3,275 (2022)
Expenses
$55,203 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $3,275
  • Gross Receipts: $3,275

Assets and Liabilities:

  • Total Assets: $820,243
  • Total Liabilities: $0
  • Net Assets: $820,243

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRIBUTIONS

Revenue

$3,275

Organization Details

Founding Year

2019

Principal Officer

Ginna Holleman

Main Address

2050 LOWES DRIVE, CLARKSVILLE, TN, 37040

NTEE Category

Code: P42 - Human services

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