Dormie Network Foundation

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

EIN: 852206355 ✦ Lincoln, NE ✦ Designated as a 501(c)(3)

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Overview

What is Dormie Network Foundation?

The Dormie Network Foundation is a charitable organization, headquartered in Lincoln, Nebraska. Its primary goal is to enhance the communities where Dormie Network, LLC operates, resides, and collaborates. They achieve this objective through various fundraising initiatives, such as hosting golf events, selling merchandise, and making direct donations using funds from their membership. The foundation's mission is to financially support nonprofit organizations, contributing to their efforts to improve the overall well-being of these communities.

Is Dormie Network Foundation legitimate?

Dormie Network Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dormie Network Foundation 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 Dormie Network Foundation?

The Dormie Network Foundation's mission is centered around providing financial assistance to nonprofit organizations. Their goal is to enhance the communities where the Dormie Network LLC operates, resides, and collaborates. They achieve this through various fundraising initiatives, such as golf events, merchandise sales, and contributions from their membership base. The primary objective is to improve the communities by offering financial support to these nonprofit organizations.

What is the revenue of Dormie Network Foundation?

Dormie Network Foundation's revenue in 2023 was $43,316.

Who are the executives of Dormie Network Foundation and what are their salaries?

Here are 5 key members and their salaries:


Brian Schenk (Treasurer/Secretary)
  • Compensation: $0
  • Related: $298,157
  • Other: $4,630
Zach Peed (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Morgan Peed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rhonda Peed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Peed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Dormie Network Foundation?

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

Mission Statement of Dormie Network Foundation

The Dormie Network Foundation, a philanthropic entity, is dedicated to providing financial assistance to nonprofit organizations. Its mission is to enhance the communities where the Dormie Network, LLC operates, resides, and collaborates. This is accomplished through various fundraising initiatives, such as golf events, merchandise sales, and direct contributions from the membership of the Dormie Network. The primary goal of the foundation is to utilize these fundraising ventures to bolster the fiscal capabilities of these nonprofit organizations, ultimately aiming to improve the overall well-being of the communities they serve.

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Impact




October, 2024

Dormie Network Foundation significantly enhances the well-being of communities by providing vital financial support to various nonprofits. Through innovative fundraising initiatives, such as golf events and merchandise sales, the Foundation mobilizes resources that directly benefit local organizations. This approach not only fosters community engagement but also reinforces the connection between Dormie Network, LLC, and the areas it serves. By channeling contributions from its membership, the Foundation plays a crucial role in driving positive change and improving the quality of life for residents in those communities.




This information is meant to be a general summary of Dormie Network 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
$43,316 (2023)
Expenses
$156,150 (2023)
Efficiency

Other financial information:

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

  • Gross Receipts: $71,351

Assets and Liabilities:

  • Total Assets: $141,705
  • Total Liabilities: $1,942
  • Net Assets: $139,763

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Organization Details

Founding Year

2020

Principal Officer

Brian Schenk

NTEE Category

Code: T20 - Philanthropy

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