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Leisure World Foundation Of Arizona Inc

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

EIN: 860789666 ✦ Mesa, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Leisure World Foundation Of Arizona Inc?

Leisure World Foundation of Arizona Inc is a charitable organization based in Mesa, Arizona, with a specific focus on providing relief to the elderly, handicapped, and distressed individuals residing in the Mesa area and its surrounding East Valley region, including Leisure World community. They generate funds through various activities and fundraisers, with the 2021 earnings amounting to $35,504.35. These funds are then distributed as grants to eligible organizations, as per the guidelines set by their board of directors, and in alignment with their mission. The foundation's mission is to alleviate distress and contribute to the wellbeing of the designated community members.


Official website here: www.leisureworldfoundation.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83%, Three-Star out of Four Star rating.

The Leisure World Foundation of Arizona Inc has been awarded an 83% rating, indicating a generally favorable assessment of its operations and financial management. The organization excels in key areas such as board independence and financial ratios, demonstrating a strong commitment to transparency and effective governance. Notably, it has a 100% independent board and a program expense ratio of 92.76%, showcasing a high level of funds directed towards its mission-driven activities.

Despite these strengths, there are some areas of concern highlighted in the rating. The organization lacks a whistleblower policy and a document retention and destruction policy, which could impact its overall governance framework. Additionally, the nonprofit has not made its tax form accessible on its website, which might limit transparency for potential donors and stakeholders who seek to understand its financial practices better.

Overall, while the Leisure World Foundation of Arizona Inc shows a solid commitment to accountability and efficient use of resources, addressing the noted governance weaknesses could enhance its credibility and foster greater trust among supporters.


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

Is Leisure World Foundation Of Arizona Inc legitimate?

Leisure World Foundation Of Arizona Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leisure World Foundation Of Arizona 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

For more financial information, click here


Official website here: www.leisureworldfoundation.com

What is the mission statement of Leisure World Foundation Of Arizona Inc?

The Leisure World Foundation of Arizona Inc's mission is centered around providing charitable relief. Their primary objective is to assist the elderly, handicapped, and distressed individuals in need, extending their reach to the Mesa, Arizona, and the surrounding East Valley area, including the Leisure World community. They achieve this mission by raising funds through various activities and distributing grants to organizations that align with their mission, as determined by their board of directors. In 2021, the foundation managed to raise $35,504.35 and allocated grants totaling $35,000.00.


Official website here: www.leisureworldfoundation.com

What is the revenue of Leisure World Foundation Of Arizona Inc?

Leisure World Foundation Of Arizona Inc's revenue in 2023 was $222,597.


Official website here: www.leisureworldfoundation.com

Who are the executives of Leisure World Foundation Of Arizona Inc and what are their salaries?

There 15 volunteers at Leisure World Foundation Of Arizona Inc.

Here are 15 key members and their salaries:


Ruth Pechmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Connlley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Lock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Jajdelski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Lehrkind (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Bickle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Rowbothum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dyan Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Reiman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norma Bryant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Cassese (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Bailey (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allanah Courson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Jacobsen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Gatzemeier (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.leisureworldfoundation.com

Where can I find the form 990 for Leisure World Foundation Of Arizona Inc?

Leisure World Foundation Of Arizona Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.leisureworldfoundation.com

Learn more at the official website: www.leisureworldfoundation.com

Mission Statement of Leisure World Foundation Of Arizona Inc

Leisure World Foundation of Arizona Inc is a charitable organization with a mission to provide relief to those in need, specifically focusing on the elderly, handicapped, and distressed individuals within the Mesa, Arizona, and the surrounding East Valley area, including the Leisure World community. By raising funds through various activities, the foundation grants money to organizations that align with its mission, as determined by its Board of Directors. In 2021, the foundation managed to raise a substantial sum of $35,504.35 and distributed grants totaling $35,000.00. This charitable work aims to support these vulnerable populations and help improve their living conditions.

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Impact




August, 2024

Leisure World Foundation Of Arizona Inc's impact is significant in providing charitable relief to help meet the needs of the elderly, handicapped, and distressed individuals in Mesa, Arizona, and the nearby East Valley area, including the Leisure World community. In 2021, the organization raised $35,504.35 through fundraising activities and allocated grants totaling $35,000. These grants are directed to organizations that align with the mission of Leisure World Foundation and meet the criteria set by the board of directors. By offering resources and support to those in vulnerable situations, the foundation plays a crucial role in enhancing the well-being and quality of life for individuals in need within the community.




This information is meant to be a general summary of Leisure World Foundation Of Arizona 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
$222,597 (2023)
Expenses
$109,745 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $106,717
  • Gross Receipts: $222,597

Assets and Liabilities:

  • Total Assets: $789,059
  • Total Liabilities: $41
  • Net Assets: $789,018

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Organization Details

Principal Officer

Kim Cassese

NTEE Category

Code: P81 - Human services

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