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Washington State Elks Association Charitable Trust

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

EIN: 943195000 ✦ Tacoma, WA ✦ Designated as a 501(c)(3)

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Overview

What is Washington State Elks Association Charitable Trust?

The Washington State Elks Association Charitable Trust is a nonprofit organization situated in Tacoma, Washington. Primarily funded by grants from the Elks National Foundation and public contributions, its primary mission is to support various charitable programs under the Elks Association, such as the Washington Elks Therapy Program. The trust's activities mainly involve providing scholarships and grants to eligible individuals and contributing to the betterment of the community through these programs.


Official website here: www.waelks.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 78%, Three-Star out of Four Star rating.

The Washington State Elks Association Charitable Trust has achieved a solid Three-Star rating from Charity Navigator, indicating a relatively strong performance in areas of accountability and impact. The organization scored 76 in Accountability & Finance and 80 in Impact & Measurement, reflecting a commitment to transparency and effectiveness in their operations.

One of the notable strengths of this nonprofit is its efficient use of funds, with every dollar spent contributing significantly to the financial support of scholarship recipients. The trust reportedly increases income for these recipients by between $0.85 and $1.50 for every dollar spent, demonstrating a strong return on investment in their scholarship programs.

However, while the overall rating is commendable, there is room for improvement in the Accountability & Finance category, which scored lower than the Impact & Measurement category. Enhancing financial practices and reporting could further strengthen the organization's standing and assure donors of its fiscal responsibility.


This AI summary has been generated from information found on Charity Navigator.

Is Washington State Elks Association Charitable Trust legitimate?

Washington State Elks Association Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Washington State Elks Association Charitable Trust 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.waelks.org

What is the mission statement of Washington State Elks Association Charitable Trust?

The Washington State Elks Association Charitable Trust's mission is centered around receiving grants from the Elks National Foundation and public contributions. These funds are then utilized to support a variety of programs, as outlined in the Trust's declaration. Primarily, the Trust provides scholarships and grants, and it also contributes to the Washington Elks Therapy Program and other Elks-affiliated initiatives. The mission of the Charitable Trust is to contribute to the betterment of the community through these various programs.


Official website here: www.waelks.org

Who is the CEO of Washington State Elks Association Charitable Trust?

Steven Scholz is the President of Washington State Elks Association Charitable Trust.


Official website here: www.waelks.org

What is the revenue of Washington State Elks Association Charitable Trust?

Washington State Elks Association Charitable Trust's revenue in 2022 was $470,051.


Official website here: www.waelks.org

Who are the executives of Washington State Elks Association Charitable Trust and what are their salaries?

There 60 volunteers at Washington State Elks Association Charitable Trust.


Here are 8 key members and their salaries:


Dave Richcreek (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Balint (President-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Walker (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Dahl (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Rainey (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven J Scholz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Jaquish (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Kennedy (Jr. Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.waelks.org

Where can I find the form 990 for Washington State Elks Association Charitable Trust?

Washington State Elks Association Charitable Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.waelks.org

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

Mission Statement of Washington State Elks Association Charitable Trust

The Washington State Elks Association Charitable Trust, in line with its mission, receives grants from both the Elks National Foundation and public contributions. This nonprofit organization utilizes these funds primarily for two main purposes: providing scholarships and grants, and supporting various programs under the Washington Elks Therapy Program and other Elks initiatives. The Trust's primary role is to channel these resources towards uplifting the community and supporting various charitable programs, as outlined in its Declaration of Trust.

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Impact




July, 2024

Washington State Elks Association Charitable Trust's impact is significant in supporting Elks charitable programs. The Trust receives grants from the Elks National Foundation and public contributions, primarily focusing on providing scholarships, grants, and supporting the Washington Elks Therapy Program. These efforts contribute to fulfilling the Trust's mission of receiving grants to support various programs outlined in its declaration of trust, making a valuable impact in the community, particularly in the field of education.




This information is meant to be a general summary of Washington State Elks Association Charitable Trust. 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
$470,051 (2022)
Expenses
$348,589 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $128,311
  • Gross Receipts: $681,425

Assets and Liabilities:

  • Total Assets: $1,639,993
  • Total Liabilities: $336,752
  • Net Assets: $1,303,241

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Organization Details

Founding Year

1994

Principal Officer

Steven Scholz

Main Address

PO BOX 110760, TACOMA, WA, 984110760

NTEE Category

Code: B82Z - Education

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