Senior Citizens Of Kodiak Endowment Fund Inc

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

EIN: 920121016 ✦ Kodiak, AK ✦ Designated as a 501(c)(3)

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Overview

What is Senior Citizens Of Kodiak Endowment Fund Inc?

Senior Citizens of Kodiak Endowment Fund Inc is a nonprofit organization situated in Kodiak, Alaska, specifically at 302 Erskine Avenue. The primary objective of this organization is to assist the senior citizens of Kodiak area. The earnings from their investments are transferred to another nonprofit, Senior Citizens of Kodiak Inc., to aid the elderly residents in Kodiak. This supporting organization is established to help Senior Citizens of Kodiak Inc. achieve their exempt purpose, which is not explicitly mentioned in the provided information.


Official website here: www.kodiakseniorcenter.org

Is Senior Citizens Of Kodiak Endowment Fund Inc legitimate?

Senior Citizens Of Kodiak Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Senior Citizens Of Kodiak Endowment Fund 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.kodiakseniorcenter.org

What is the mission statement of Senior Citizens Of Kodiak Endowment Fund Inc?

The Senior Citizens of Kodiak Endowment Fund Inc has a mission to aid in achieving the exempt purpose of Senior Citizens of Kodiak Inc. This is accomplished through the support of an organization established for this purpose. The earnings derived from investments are transferred to Senior Citizens of Kodiak Inc., which in turn uses these funds to assist senior citizens residing in the Kodiak area. This endowment fund serves as a vital resource, providing financial assistance to senior citizens in need.


Official website here: www.kodiakseniorcenter.org

Who is the CEO of Senior Citizens Of Kodiak Endowment Fund Inc?

William Oliver is the President of Senior Citizens Of Kodiak Endowment Fund Inc.


Official website here: www.kodiakseniorcenter.org

What is the revenue of Senior Citizens Of Kodiak Endowment Fund Inc?

Senior Citizens Of Kodiak Endowment Fund Inc's revenue in 2022 was $272,533.


Official website here: www.kodiakseniorcenter.org

Who are the executives of Senior Citizens Of Kodiak Endowment Fund Inc and what are their salaries?

There 7 volunteers at Senior Citizens Of Kodiak Endowment Fund Inc.


Here are 7 key members and their salaries:


David Bradbury (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Lonheim (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roberta Austring (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Oliver (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Jim Arneson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerome Selby (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Drabek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kodiakseniorcenter.org

Where can I find the form 990 for Senior Citizens Of Kodiak Endowment Fund Inc?

Senior Citizens Of Kodiak Endowment Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kodiakseniorcenter.org

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

Mission Statement of Senior Citizens Of Kodiak Endowment Fund Inc

The Senior Citizens of Kodiak Endowment Fund Inc is a mission-driven organization, established to aid senior citizens in the Kodiak area. This nonprofit's purpose is to support Senior Citizens of Kodiak Inc in achieving their exempt objectives. The Endowment Fund achieves this by utilizing the earnings derived from its investments. These financial gains are then transferred to Senior Citizens of Kodiak Inc, enabling them to provide assistance to the senior citizens residing in the Kodiak region. In essence, the Senior Citizens of Kodiak Endowment Fund Inc serves as a financial backbone, empowering its sister organization to cater to the needs of the senior citizens in their community.

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Impact




October, 2024

The Senior Citizens Of Kodiak Endowment Fund Inc significantly enhances the quality of life for senior citizens in the Kodiak area. By generating earnings from investments, the fund provides essential financial support to the Senior Citizens of Kodiak, Inc., enabling them to carry out vital services for the local senior community. This aid helps to address various needs such as health care, social activities, transportation, and other critical resources, ultimately fostering a supportive environment where seniors can thrive.Through this assistance, the fund plays a crucial role in ensuring that seniors in Kodiak have access to important services and can maintain a level of independence and dignity in their golden years.




This information is meant to be a general summary of Senior Citizens Of Kodiak Endowment Fund 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
$272,533 (2022)
Expenses
$18,471 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $187,533
  • Gross Receipts: $711,318

Assets and Liabilities:

  • Total Assets: $2,690,036
  • Total Liabilities: $0
  • Net Assets: $2,690,036

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Organization Details

Founding Year

1987

Principal Officer

William Oliver

Main Address

302 ERSKINE AVENUE, KODIAK, AK, 99615

NTEE Category

Code: P81 - Human services

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