Nevada Gold Mines Heritage Fund

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

EIN: 853161924 ✦ Elko, NV ✦ Designated as a 501(c)(3)

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Overview

What is Nevada Gold Mines Heritage Fund?

The Nevada Gold Mines Heritage Fund is a nonprofit organization located in Elko, Nevada. Serving as the fiscal agent for a community campaign and endowment fund, it is driven by Nevada Gold Mines LLC employees. The fund encourages and supports local non-profits in the communities where these employees reside and work. Its primary function involves managing funds specifically for non-profit purposes, aiming to contribute positively to these communities.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 16% - Zero-Star out of Four Star rating.

The Nevada Gold Mines Heritage Fund has received a low rating of 16% from Charity Navigator, highlighting significant concerns regarding its accountability and financial practices. The lack of independent board members and missing financial statements raise questions about governance and transparency. Additionally, the organization has not made its tax form accessible on its website, which further diminishes its financial accountability.

On a positive note, the fund does have a conflict of interest policy in place and maintains documented board meeting minutes, indicating some level of operational structure. However, the absence of critical policies like a whistleblower policy and document retention guidelines undermines overall governance effectiveness. The program expense ratio of only 7.22% suggests that a minimal portion of its funds is being allocated towards its intended programs.

Overall, the deficits in fiscal management and transparency overshadow the organization's strengths, leading to significant skepticism about its operational integrity. Potential donors and stakeholders may want to consider these factors carefully before engaging with the Nevada Gold Mines Heritage Fund.


This AI summary has been generated from information found on Charity Navigator.

Is Nevada Gold Mines Heritage Fund legitimate?

Nevada Gold Mines Heritage Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nevada Gold Mines Heritage 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 Nevada Gold Mines Heritage Fund?

The Nevada Gold Mines Heritage Fund serves as a fiscal agent for an employee-driven community campaign and endowment fund. Its primary purpose is to support non-profit organizations in the areas where Nevada Gold Mines LLC employees reside and work. The organization manages revenue and expenses specifically for non-profit purposes, aiming to enhance the well-being of these communities. By acting as an intermediary, it facilitates charitable giving and community involvement, fostering a sense of corporate social responsibility within the company and its employees.

Who is the CEO of Nevada Gold Mines Heritage Fund?

Hiliary Wilson is the President And Director of Nevada Gold Mines Heritage Fund.

What is the revenue of Nevada Gold Mines Heritage Fund?

Nevada Gold Mines Heritage Fund's revenue in 2022 was $4,221,734.

Who are the executives of Nevada Gold Mines Heritage Fund and what are their salaries?

There 10 volunteers at Nevada Gold Mines Heritage Fund.


Here are 10 key members and their salaries:


Jaymie Donovan (President And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mikayla Morfin (Vice President And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hiliary Wilson (Secretary And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon L Powell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas M De Caro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Staszak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julius Stieger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Galen Hope (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Boggio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Mcghee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Nevada Gold Mines Heritage Fund?

Nevada Gold Mines Heritage Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Nevada Gold Mines Heritage Fund

The Nevada Gold Mines Heritage Fund serves as a crucial facilitator in supporting various non-profit organizations. Acting as the fiscal agent for an employee-driven campaign and endowment fund, this organization is committed to aiding non-profits that make a significant impact in the communities where Nevada Gold Mines LLC employees reside and work. By managing revenue and expenses specifically for non-profit purposes, the Nevada Gold Mines Heritage Fund plays a pivotal role in fostering growth and development within these communities, ultimately enriching the lives of those who live there.

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Impact




July, 2024

The Nevada Gold Mines Heritage Fund has a significant impact on supporting non-profits in the communities where Nevada Gold Mines LLC employees reside and work. As the fiscal agent for an employee-driven community campaign and endowment fund, this organization plays a vital role in managing revenue and expenses specifically for non-profit purposes in Elko, NV. By encouraging and facilitating philanthropic efforts, the fund directly contributes to enhancing the well-being and development of the local community.




This information is meant to be a general summary of Nevada Gold Mines Heritage 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
$4,221,734 (2022)
Expenses
$15,357 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $50,837
  • Gross Receipts: $4,340,688

Assets and Liabilities:

  • Total Assets: $4,557,628
  • Total Liabilities: $0
  • Net Assets: $4,557,628

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Organization Details

Founding Year

2020

Principal Officer

Hiliary Wilson

Main Address

1655 Mountain City Highway, Elko, NV, 89801

NTEE Category

Code: T31 - Philanthropy

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