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Father Wasson Legacy Endowment Inc

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

EIN: 912005679 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Father Wasson Legacy Endowment Inc?

Father Wasson Legacy Endowment Inc is a nonprofit organization, headquartered at 134 N LASALLE STREET 500, Chicago, Illinois. Its primary objective is to generate income and ensure long-term financial stability for Nuestros Pequenos Hermanos, an organization that serves the needs of orphans and abandoned children across Latin America and the Caribbean. They achieve this by supporting their nine orphanages through the endowment fund. The organization's mission is deeply rooted in providing a stable future for these children, thereby contributing to their overall well-being.

Is Father Wasson Legacy Endowment Inc legitimate?

Father Wasson Legacy Endowment Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Father Wasson Legacy Endowment 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

What is the mission statement of Father Wasson Legacy Endowment Inc?

The Father Wasson Legacy Endowment Inc's mission is centered around generating income to ensure long-term financial stability. This stability is aimed at supporting Nuestros Pequenos Hermanos, an organization that caters to the needs of orphans and abandoned children. The endowment achieves this through its nine orphanages located in Latin America and the Caribbean. The goal is to provide a stable and secure future for these vulnerable children.

Who is the CEO of Father Wasson Legacy Endowment Inc?

John Deinhart is the Past President of Father Wasson Legacy Endowment Inc.

What is the revenue of Father Wasson Legacy Endowment Inc?

Father Wasson Legacy Endowment Inc's revenue in 2022 was $10,174,195.

Who are the executives of Father Wasson Legacy Endowment Inc and what are their salaries?


Here are 13 key members and their salaries:


Nellie Johnson (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Knupp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Deinhart (Director (Ex Officio))
  • Compensation: $0
  • Related: $0
  • Other: $0
Miguel Venegas (Director (Ex Officio))
  • Compensation: $0
  • Related: $0
  • Other: $0
Gabe Gonzales (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Hart (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Kuntz (Governance Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Hansen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Garino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Iberle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clarire Topp (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Meyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Nichols (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Father Wasson Legacy Endowment Inc?

Father Wasson Legacy Endowment Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Father Wasson Legacy Endowment Inc

Father Wasson Legacy Endowment Inc is dedicated to generating income and ensuring long-term financial stability for its affiliated organization, Nuestros Pequeños Hermanos. This nonprofit serves the needs of orphaned and abandoned children by operating nine orphanages across Latin America and the Caribbean. Its primary mission is to provide these children with a stable financial future, aiming to enhance their lives and care.

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Impact




October, 2024

Father Wasson Legacy Endowment Inc plays a crucial role in ensuring the long-term financial stability of Nuestros Pequeños Hermanos, an organization dedicated to the care and support of orphans and abandoned children across nine orphanages in Latin America and the Caribbean. By generating income, it directly contributes to the sustainability of these crucial services, empowering vulnerable communities and providing essential resources—such as food, education, and healthcare—to children in need. This endowment not only secures a better future for these children but also fosters a sense of hope and belonging, transforming lives and promoting community resilience in the regions served. The impact is profound, as it enables children to grow up in nurturing environments where they can thrive and pursue their dreams.




This information is meant to be a general summary of Father Wasson Legacy Endowment 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
$10,174,195 (2022)
Expenses
$1,099,915 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9,903,930
  • Gross Receipts: $21,687,838

Assets and Liabilities:

  • Total Assets: $16,686,542
  • Total Liabilities: $50,402
  • Net Assets: $16,636,140

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Organization Details

Founding Year

1995

Principal Officer

John Deinhart

Main Address

134 N LASALLE STREET 500, CHICAGO, IL, 606021036

NTEE Category

Code: Q123 - International

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