New Hanover Community Endowment Inc

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

EIN: 853563370 ✦ Wilmington, NC ✦ Designated as a 501(c)(3)

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Overview

What is New Hanover Community Endowment Inc?

New Hanover Community Endowment Inc, based in Wilmington, North Carolina, is a nonprofit organization with a mission to enhance the well-being of its local community. Its primary focus areas include promoting education at various levels, advocating for health and social equity, fostering community development, and ensuring community safety. The organization strives to improve the overall health, education, safety, and economic prospects of every individual residing in the area, aligning with its mission statement. With a dedicated workforce of six individuals, New Hanover Community Endowment Inc actively works towards these objectives, contributing financially to support the betterment of New Hanover County and its region.


Official website here: www.nhcendowment.org

Is New Hanover Community Endowment Inc legitimate?

New Hanover Community Endowment Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Hanover Community Endowment 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: $458,959
Professional Fundraising Fees: $0
Other Salaries and Wages: $80,027

For more financial information, click here


Official website here: www.nhcendowment.org

What is the mission statement of New Hanover Community Endowment Inc?

The mission of New Hanover Community Endowment Inc. is centered around enhancing the well-being of individuals in their community. Their primary focus areas include promoting quality education at various levels, advancing health equity, fostering community development, and ensuring community safety. By providing financial support in these sectors, they aim to contribute positively to the initiatives and overall mission of their community.


Official website here: www.nhcendowment.org

Who is the CEO of New Hanover Community Endowment Inc?

Bill Cameron is the Director/Assistant Treasurer of New Hanover Community Endowment Inc.


Official website here: www.nhcendowment.org

What is the revenue of New Hanover Community Endowment Inc?

New Hanover Community Endowment Inc's revenue in 2022 was -$36,712,168.


Official website here: www.nhcendowment.org

Who are the executives of New Hanover Community Endowment Inc and what are their salaries?

The average compensation at New Hanover Community Endowment Inc during 2022 was $89,831. There are 6 employees and 13 volunteers at New Hanover Community Endowment Inc.


Here are 16 key members and their salaries:


Spence Broadhurst (Director/Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hannah Gage (Director/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia Adams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Boney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Cameron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cedric Dickerson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Holbrook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Maguire (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Khadijia Tribie Reid (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edel Segovia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Sprunt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stedman Stevens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Winslow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Buster (President)
  • Compensation: $329,167
  • Related: $0
  • Other: $0
Lakesha Mcday (Vice President)
  • Compensation: $72,917
  • Related: $0
  • Other: $0
Joel Beeson (Treasurer)
  • Compensation: $56,875
  • Related: $0
  • Other: $0


Official website here: www.nhcendowment.org

Where can I find the form 990 for New Hanover Community Endowment Inc?

New Hanover Community Endowment Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nhcendowment.org

Learn more at the official website: www.nhcendowment.org

Mission Statement of New Hanover Community Endowment Inc

New Hanover Community Endowment, a nonprofit organization, is committed to enhancing the well-being of every individual in its community. Its mission is threefold, encompassing improvements in health, education, safety, and economic opportunities. This mission is aimed at uplifting the lives of each resident, ensuring a community where everyone has access to essential resources and opportunities.

In the realm of education, New Hanover Community Endowment focuses on supporting primary, secondary, and post-secondary institutions. By doing so, the organization seeks to provide a solid educational foundation for the community's youth, enabling them to grow and succeed in their future endeavors.

In addition to education, New Hanover Community Endowment is dedicated to promoting health and social equity. This includes initiatives aimed at addressing health disparities and fostering a sense of fairness and equality within the community. By focusing on health, the organization aims to improve the overall well-being of its community members.

Furthermore, New Hanover Community Endowment's mission extends to community development and safety. Through initiatives in these areas, the organization works to create a safe and thriving community where residents can live, work, and grow. This includes supporting initiatives that promote economic opportunities and foster a sense of community.

In summary, New Hanover Community Endowment is a nonprofit organization dedicated to improving the lives of its community members. Its mission encompasses support for education, health and social equity, community development, and community safety, with the ultimate goal of creating a thriving community where every individual has access to essential resources and opportunities.

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Impact




October, 2024

New Hanover Community Endowment Inc plays a crucial role in enhancing the well-being of individuals in the New Hanover County region by focusing on key areas such as education, health, community development, and safety. By providing financial support, the organization works to elevate public primary, secondary, and post-secondary education, ensuring that residents have access to quality educational opportunities.

Moreover, it addresses health and social equity, striving to eliminate disparities and promote wellness for all community members. The group’s commitment to community development fosters economic opportunities, helping to create a thriving environment that benefits everyone. Additionally, prioritizing community safety contributes to a more secure living space, reinforcing the overall quality of life.

Through these initiatives, New Hanover Community Endowment Inc significantly impacts the community, empowering individuals and cultivating a healthier, more equitable society in Wilmington, NC.




This information is meant to be a general summary of New Hanover Community Endowment 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
-$36,712,168 (2022)
Expenses
$10,626,455 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$36,712,168
  • Gross Receipts: $1,558,927,716

Assets and Liabilities:

  • Total Assets: $1,208,160,901
  • Total Liabilities: $326,377
  • Net Assets: $1,207,834,524

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Organization Details

Founding Year

2020

Principal Officer

Bill Cameron

Main Address

PO Box 4730, Wilmington, NC, 284061730

NTEE Category

Code: T31 - Philanthropy

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