Overview
What is Wlcc Foundation Inc?
Wlcc Foundation Inc, located in Petskey, Michigan, is a nonprofit organization with a mission to support the Walloon Lake Country Club community. They provide financial assistance and need-based scholarships for the employees and their families, including children and grandchildren. Additionally, the foundation contributes financially to the beautification and maintenance of the public land, egreses, and surrounding areas adjacent to the club in Walloon Lake, Michigan. By doing so, Wlcc Foundation Inc aims to enhance the well-being of its local community and the Walloon Lake Country Club.
Is Wlcc Foundation Inc legitimate?
Wlcc Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wlcc 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
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What is the mission statement of Wlcc Foundation Inc?
The Wlcc Foundation Inc's mission encompasses two key areas. Firstly, it aims to offer financial assistance and need-based scholarships to the employees and their familial dependents, specifically children and grandchildren, of the Walloon Lake Country Club. Secondly, the foundation is committed to providing financial aid for the beautification and maintenance of public land, egresses, and surrounding areas near the club, located in Walloon Lake, Michigan.
What is the revenue of Wlcc Foundation Inc?
Wlcc Foundation Inc's revenue in 2024 was $87,513.
Who are the executives of Wlcc Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990EZ for Wlcc Foundation Inc?
Wlcc Foundation Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.
Mission Statement of Wlcc Foundation Inc
The Wlcc Foundation Inc is committed to providing financial assistance in two key areas. Firstly, it aims to offer need-based scholarships to employees of the Walloon Lake Country Club and their descendants, including children and grandchildren. This initiative aims to support the education and well-being of the foundation's workforce and their families.
Secondly, the Wlcc Foundation Inc is dedicated to improving the aesthetic appeal and maintenance of public land, egresses, and surrounding areas adjacent to the club in Walloon Lake, Michigan. This mission is focused on enhancing the community's environment and making it more attractive and well-maintained for the benefit of all its residents. The foundation's efforts in this area contribute to the overall appeal and value of the community, making it a more enjoyable and livable place for its residents.
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Impact
October, 2024
Wlcc Foundation Inc. significantly impacts the community by providing essential financial assistance and need-based scholarships to employees of Walloon Lake Country Club and their families. This support fosters educational growth and development, enabling children and grandchildren of club employees to pursue academic opportunities that might otherwise be inaccessible.
In addition to its educational initiatives, the organization is committed to enhancing the local environment through financial assistance dedicated to the beautification and maintenance of public spaces surrounding Walloon Lake. This not only improves the aesthetic appeal of the area but also contributes to the overall well-being of the community, promoting a sense of pride and connection among residents and visitors alike. Through these efforts, Wlcc Foundation Inc. plays a crucial role in enriching the lives of individuals while also preserving the beauty of the local environment.
This information is meant to be a general summary of Wlcc 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $13,113
- Gross Receipts: $87,513
Assets and Liabilities:
- Total Assets: $307,644
- Total Liabilities: $0
- Net Assets: $307,644
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Organization Details
Founding Year
2021
Principal Officer
Terry Graessle
NTEE Category
Code: B12 - Education
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