Aeras Foundation Inc

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

EIN: 851405836 ✦ Winter park, FL ✦ Designated as a 501(c)(3)

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Overview

What is Aeras Foundation Inc?

Aeras Foundation Inc, located in Winter Park, Florida, is a nonprofit organization dedicated to bridging the technology gap. They accomplish this by accepting donations of used IT equipment from individuals, companies, and organizations. This equipment is then distributed to students and non-profit organizations, thereby empowering these entities with the necessary digital tools. With a small team of five employees, Aeras Foundation Inc plays a significant role in enhancing digital accessibility, contributing to the overall success of the students and non-profits they serve.

Is Aeras Foundation Inc legitimate?

Aeras Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aeras 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: $69,334
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,869

For more financial information, click here

What is the mission statement of Aeras Foundation Inc?

The Aeras Foundation Inc's mission is centered around providing technology resources. They accomplish this by encouraging individual, corporate, and organizational donations of used IT equipment. This initiative aims to equip students and non-profit organizations with the necessary technology, thereby enhancing their capabilities and opportunities. The foundation's activities contribute to bridging the digital gap and fostering equitable access to technology in various sectors.

Who is the CEO of Aeras Foundation Inc?

David Collins is the CEO of Aeras Foundation Inc The CEO's salary of Aeras Foundation Inc is $20,000 and their total compensation is $20,000.

What is the revenue of Aeras Foundation Inc?

Aeras Foundation Inc's revenue in 2023 was $120,334.

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

The average compensation at Aeras Foundation Inc during 2023 was $59,102. There are 2 employees at Aeras Foundation Inc.

Here are 12 key members and their salaries (Aeras Foundation Inc's CEO's salary is $20,000 and their total compensation is $20,000):


David Collins (Board Chair/Ceo)
  • Compensation: $20,000
  • Related: $0
  • Other: $0
Gerald Sutton (Bod Treasurer/Cfo)
  • Compensation: $10,834
  • Related: $0
  • Other: $0
Michelle Leeper (Bod Vice Chair)
  • Compensation: $38,500
  • Related: $0
  • Other: $0
Brett Jarnagin (Bod Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuan Avery (Bod Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Kennedy (Bod Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Landra Wormack (Bod Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jasmine Flores (Bod Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Moffatt (Bod Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kamin Atchley (Bod Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Demory (Bod Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Mcneil (Bod Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Aeras Foundation Inc?

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

Mission Statement of Aeras Foundation Inc

Aeras Foundation Inc, a non-profit organization, is dedicated to fulfilling its mission by supplying technology resources to both students and non-profit organizations. This mission is accomplished through the collection of used IT equipment from individuals, companies, and organizations. The foundation aims to bridge the digital divide, ensuring that under-resourced entities have access to the necessary technology tools to thrive in today's digital age. By facilitating the donation and redistribution of used IT equipment, Aeras Foundation Inc empowers these organizations to enhance their operational efficiency and improve the services they offer to their communities.

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Impact




October, 2024

Aeras Foundation Inc significantly impacts education and community development by providing technology to students and nonprofit organizations. By facilitating the donation of used IT equipment from individuals, companies, and organizations, Aeras helps bridge the digital divide, ensuring that those in need have access to the tools necessary for learning and operational efficiency. This initiative not only enhances the educational experience for students but also empowers nonprofits, enabling them to fulfill their missions more effectively. Operating from Winter Park, FL, Aeras embodies a commitment to philanthropy, driving positive change through the redistribution of technology and resources.




This information is meant to be a general summary of Aeras 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
$120,334 (2023)
Expenses
$157,565 (2023)
Efficiency

Other financial information:

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

  • Gross Receipts: $120,334

Assets and Liabilities:

  • Total Assets: $126,114
  • Total Liabilities: $3,464
  • Net Assets: $122,650

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Organization Details

Founding Year

2020

Principal Officer

David Collins

NTEE Category

Code: T30 - Philanthropy

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