Richcroft Foundation Inc

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

EIN: 863866999 ✦ Hunt valley, MD ✦ Designated as a 501(c)(3)

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Overview

What is Richcroft Foundation Inc?

Richcroft Foundation Inc, based in Hunt Valley, Maryland, serves as a philanthropic entity, primarily dedicated to aiding and strengthening the operations of Richcroft, Inc. This primary organization offers residential, educational, and various other support services to individuals dealing with intellectual and other developmental disabilities. The Richcroft Foundation's purpose is to actively contribute to and advance the mission and programs of Richcroft, Inc., ensuring their continued growth and impact in the lives of those they serve.


Official website here: www.richcroft.org

Is Richcroft Foundation Inc legitimate?

Richcroft Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richcroft Foundation 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.richcroft.org

What is the mission statement of Richcroft Foundation Inc?

The Richcroft Foundation, Inc., serves a crucial role in supporting and enhancing the mission and programs of Richcroft, Inc. This latter organization offers residential, educational, and various other forms of assistance to individuals with intellectual and developmental disabilities. The primary purpose of the Richcroft Foundation is to utilize donations in aiding the operations of Richcroft, Inc., thereby enabling it to continue providing vital services to its beneficiaries. The foundation's objective is to contribute to the betterment of the lives of individuals with intellectual and developmental disabilities by supporting the initiatives of Richcroft, Inc.


Official website here: www.richcroft.org

Who is the CEO of Richcroft Foundation Inc?

Kevin Drumheller is the Ceo of Richcroft Foundation Inc. The CEO's salary of Richcroft Foundation Inc is $0 and their total compensation is $236,398.


Official website here: www.richcroft.org

What is the revenue of Richcroft Foundation Inc?

Richcroft Foundation Inc's revenue in 2023 was $102,143.


Official website here: www.richcroft.org

Who are the executives of Richcroft Foundation Inc and what are their salaries?


Here are 4 key members and their salaries (Richcroft Foundation Inc's CEO's salary is $0 and their total compensation is $236,398):


Kevin Drumheller (Ceo)
  • Compensation: $0
  • Related: $197,633
  • Other: $38,765
Wayne Matheu (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Baker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Starr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.richcroft.org

Where can I find the form 990 for Richcroft Foundation Inc?

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


Official website here: www.richcroft.org

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

Mission Statement of Richcroft Foundation Inc

Richcroft Foundation, a nonprofit organization, is dedicated to bolstering the mission and programs of Richcroft, Inc. This parent organization provides essential residential, educational, and other support services for individuals with intellectual and other developmental disabilities. The Richcroft Foundation's primary role is to receive donations and allocate resources to aid in the operation of Richcroft, Inc., thereby enabling it to continue its vital work in assisting those in need. By supporting Richcroft, Inc., the Richcroft Foundation contributes to the betterment of the lives of individuals with developmental disabilities, ensuring they receive the care and assistance they require to live fulfilling lives.

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Impact




October, 2024

Richcroft Foundation Inc significantly enhances the quality of life for individuals with intellectual and developmental disabilities by providing essential support and resources through its programs. It raises funds to assist Richcroft, Inc., which offers residential and educational services tailored to these individuals' unique needs. By securing donations, the foundation ensures that these vital programs continue to operate effectively, thereby fostering an inclusive environment where individuals can achieve independence and personal growth. Located in Hunt Valley, MD, the foundation plays a crucial role in promoting philanthropy and community support for this underrepresented population, ultimately helping them to thrive and integrate into society.




This information is meant to be a general summary of Richcroft Foundation 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
$102,143 (2023)
Expenses
$0 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $102,143
  • Gross Receipts: $102,143

Assets and Liabilities:

  • Total Assets: $4,597,573
  • Total Liabilities: $0
  • Net Assets: $4,597,573

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Organization Details

Founding Year

2021

Principal Officer

Kevin Drumheller

Main Address

11350 MCCORMICK ROAD 700, HUNT VALLEY, MD, 21031

NTEE Category

Code: T11 - Philanthropy

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