Kentwood Foundation

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

EIN: 863164300 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Kentwood Foundation?

The Kentwood Foundation is a charitable organization with a twofold objective: to assist the Kentwood community of employees and brokers internally and to support nonprofit organizations in need externally. Their primary focus lies in aiding not-for-profit organizations that are financially strained. In 2022, they conducted their largest fundraising event to aid disaster victims affected by the Boulder/Marshall fire, which devastated over 1,000 structures within 12 hours, displacing numerous individuals. The foundation successfully raised over $22,000 and remains committed to continuing its mission of providing support.


Official website here: www.kentwood.com/kentwood-cares-foundation

Is Kentwood Foundation legitimate?

Kentwood Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kentwood Foundation submitted a form 990EZ, 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.


Official website here: www.kentwood.com/kentwood-cares-foundation

What is the mission statement of Kentwood Foundation?

The Kentwood Foundation, established with a dual purpose, aims to support both its internal community of employees and brokers, as well as external nonprofit organizations in need. Its primary focus is on charities that are financially strained. In 2022, the foundation showcased its commitment by organizing its largest fundraiser to assist disaster victims of the Boulder/Marshall fire. This incident resulted in the destruction of over 1,000 structures within a 12-hour span, displacing numerous residents. The foundation managed to raise over $22,000 in funds and continues to strive towards fulfilling its mission.


Official website here: www.kentwood.com/kentwood-cares-foundation

Who is the CEO of Kentwood Foundation?

Karen Pearce is the Treasurer of Kentwood Foundation.


Official website here: www.kentwood.com/kentwood-cares-foundation

What is the revenue of Kentwood Foundation?

Kentwood Foundation's revenue in 2022 was $94,141.


Official website here: www.kentwood.com/kentwood-cares-foundation

Who are the executives of Kentwood Foundation and what are their salaries?


Here are 3 key members and their salaries:


Gretchen Rosenberg (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dierk Herbermann (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Pearce (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kentwood.com/kentwood-cares-foundation

Where can I find the form 990EZ for Kentwood Foundation?

Kentwood Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.kentwood.com/kentwood-cares-foundation

Learn more at the official website: www.kentwood.com/kentwood-cares-foundation

Mission Statement of Kentwood Foundation

The Kentwood Foundation is an organization that has been established with a dual mission. Its primary goal is to support the internal Kentwood community of employees and brokers, offering assistance and aid. However, the foundation extends its reach beyond its immediate circle, extending a helping hand to nonprofit organizations in need. In 2022, the foundation demonstrated its commitment to its mission by organizing a significant fundraiser to aid disaster victims. The Boulder/Marshall fire had devastating consequences, burning over 1,000 structures in less than 12 hours and displacing many residents. In response, the Kentwood Foundation raised over $22,000 to offer assistance to those affected by the disaster. The foundation continues to actively pursue its mission, striving to provide aid to nonprofit organizations in need.

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Impact




October, 2024

The Kentwood Foundation has made a significant impact by addressing the needs of both its internal community and nonprofit organizations in the external community. With a focus on supporting those in need, the Foundation raises funds and resources to assist various causes. In 2022, it organized a major fundraiser to aid the victims of the Boulder/Marshall fire, which resulted in over $22,000 being raised to help those displaced and affected by the disaster, where more than 1,000 structures were lost in just a few hours. This initiative exemplifies the Foundation's commitment to making a meaningful difference, as it continues to seek opportunities to support vulnerable communities and contribute to recovery efforts in times of crisis.




This information is meant to be a general summary of Kentwood 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
$94,141 (2022)
Expenses
$88,658 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $94,141

Assets and Liabilities:

  • Total Assets: $20,951
  • Total Liabilities: $0
  • Net Assets: $20,951

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Organization Details

Principal Officer

Karen Pearce

Main Address

400 NIAGARA STREET SUITE 400, DENVER, CO, 80237

NTEE Category

Code: P60 - Human services

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