Overview
What is Odc Foundation Inc?
Odc Foundation Inc is a nonprofit organization established to ensure the long-term management of its assets and properties. The primary goal of this foundation is to support Opportunity Development Centers, Inc., a separate entity. By creating and maintaining a perpetual foundation, Odc Foundation Inc aims to contribute to the betterment of Opportunity Development Centers, Inc., ultimately benefiting the organization as a whole. The foundation's mission is steadfast, focusing on the provision of permanent and ongoing support to its designated beneficiary.
Is Odc Foundation Inc legitimate?
Odc Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Odc 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
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What is the mission statement of Odc Foundation Inc?
The Odc Foundation Inc's mission is centered around supporting Opportunity Development Centers Inc. Specifically, the organization's role is to manage and preserve all assets, securities, and properties entrusted to it, with the aim of establishing a permanent and perpetual foundation. This foundation is intended for the exclusive benefit of Opportunity Development Centers Inc. In essence, the Odc Foundation Inc's purpose is to aid and sustain Opportunity Development Centers Inc. for its continued operation and growth.
Who is the CEO of Odc Foundation Inc?
Julie Strenn is the Director of Odc Foundation Inc.
What is the revenue of Odc Foundation Inc?
Odc Foundation Inc's revenue in 2022 was $303,314.
Who are the executives of Odc Foundation Inc and what are their salaries?
Here are 6 key members and their salaries:
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- Related: $147,000
- Other: $5,145
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Where can I find the form 990 for Odc Foundation Inc?
Odc Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Odc Foundation Inc
Odc Foundation Inc, as per its stated mission, is established with the primary objective of ensuring the long-term management and preservation of its assets for the sole benefit of Opportunity Development Centers Inc. The organization's purpose is to create and maintain a perpetual foundation, serving as a reliable source of support for Opportunity Development Centers Inc. This foundation's role is to administer all types of property, securities, and assets placed under its care, thereby contributing to the ongoing success and growth of Opportunity Development Centers Inc. In essence, Odc Foundation Inc serves as a steward, safeguarding resources for the advantage of its affiliated organization, Opportunity Development Centers Inc.
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Impact
October, 2024
Odc Foundation Inc plays a crucial role in fostering the sustainability and growth of Opportunity Development Centers, Inc. by ensuring the effective management of assets and resources. The foundation’s commitment to creating and maintaining a lasting support system allows Opportunity Development Centers to focus on their primary mission of providing essential human services. This, in turn, enhances their ability to offer developmental opportunities and assistance to those in need within the community.
By establishing a permanent foundation, Odc Foundation Inc not only secures essential funding but also promotes ongoing support for programs that empower individuals and families. Their work facilitates the continuous delivery of services that address various social challenges, ultimately contributing to the overall well-being of the Wisconsin Rapids community and beyond. Through strategic stewardship of resources, Odc Foundation Inc ensures that the benefits of Opportunity Development Centers can be felt for generations to come.
This information is meant to be a general summary of Odc 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $88,478
- Gross Receipts: $1,858,314
Assets and Liabilities:
- Total Assets: $3,015,223
- Total Liabilities: $0
- Net Assets: $3,015,223
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Organization Details
Founding Year
2020
Phone
(715) 424-2712Principal Officer
Julie Strenn
Main Address
1191 HUNTINGTON AVENUE, WISCONSIN RAPIDS, WI, 54494
NTEE Category
Code: P19 - Human services
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