First Rate Foundation Inc

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

EIN: 871380673 ✦ Anchorage, AK ✦ Designated as a 501(c)(3)

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Overview

What is First Rate Foundation Inc?

First Rate Foundation Inc is a compassionate nonprofit organization, situated within its community, that aims to positively impact its team members, referral partners, and clients. The foundation's primary objective is to offer financial assistance to individuals who have a direct connection to First Rate and can significantly benefit from their support. By providing funding for these individuals' needs, the First Rate Foundation contributes to the betterment of its local community.

Is First Rate Foundation Inc legitimate?

First Rate Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Rate Foundation Inc 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.

What is the mission statement of First Rate Foundation Inc?

The First Rate Foundation's mission is centered around making a positive impact in the community. They aim to support individuals directly connected to First Rate, such as team members, referral partners, and clients, who can significantly benefit from their funding. The foundation focuses on meeting the needs of these individuals by providing financial aid. Their objective is to contribute positively to the lives of these individuals and enrich their communities.

Who is the CEO of First Rate Foundation Inc?

Jason Wooten is the President of First Rate Foundation Inc.

What is the revenue of First Rate Foundation Inc?

First Rate Foundation Inc's revenue in 2022 was $107,975.

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


Here are 3 key members and their salaries:


Jason Wooten (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Harris (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Heafner (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for First Rate Foundation Inc?

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

Mission Statement of First Rate Foundation Inc

The First Rate Foundation, a nonprofit organization, is committed to making a positive impact in its community and extending support to individuals who are directly connected to First Rate. This includes team members, referral partners, and clients. The foundation's mission is to provide funding for the needs of these individuals, recognizing that they can significantly benefit from such support. The First Rate Foundation seeks to positively influence its community by extending a helping hand to those in need.

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Impact




October, 2024

First Rate Foundation Inc actively enhances the lives of individuals connected to the First Rate community, including team members, referral partners, and clients, through targeted funding initiatives. By addressing specific needs within this community, the foundation fosters a supportive environment that contributes to the overall well-being of its members. Its efforts aim to create lasting positive effects in Anchorage, AK, helping to uplift those who directly engage with First Rate and ensuring they have the resources necessary to thrive. Through its mission, the foundation strengthens community ties and empowers individuals to overcome challenges, reinforcing its commitment to making a meaningful difference.




This information is meant to be a general summary of First Rate 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
$107,975 (2022)
Expenses
$77,783 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $206
  • Gross Receipts: $107,975

Assets and Liabilities:

  • Total Assets: $51,796
  • Total Liabilities: $0
  • Net Assets: $51,796

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Organization Details

Principal Officer

Jason Wooten

Main Address

3150 C STREET SUITE 150, ANCHORAGE, AK, 99503

NTEE Category

Code: Z99 - Unknown

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