Vector Industries Foundation

Organization Overview

Vector Industries Foundation is located in Waynesboro, VA. The organization was established in 2012. According to its NTEE Classification (J11) the organization is classified as: Single Organization Support, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vector Industries Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Vector Industries Foundation generated $67.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.2% each year.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

VECTOR INDUSTRIES FOUNDATION WAS FORMED TO PROVIDE FOR THE LONG TERM CAPITAL NEEDS OF VECTOR INDUSTRIES, INC WHICH PROVIDES TRAINING AND EMPLOYMENT TO APPROXIMATELY 100 DISABLED INDIVIDUALS.

Describe the Organization's Program Activity:

VECTOR INDUSTIES FOUNDATION WAS FORMED TO PROVIDE FOR THE LONG TERM CAPITAL NEEDS OF VECTOR INDUSTRIES, INC WHICH PROVIDES TRAINING AND EMPLOYMENT TO APPROXIMATELY 100 DISABLED PERSONS.


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Board, Officers & Key Employees

Name (title)Compensation
Richard Baldwin
Director
$0
Kodi Frye
Vice Chair
$0
Bill Hausrath
Director
$0
Robert Wade Jr
Chair
$0
Tyler Hoffman
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $75,508
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$537
Net Gain/Loss on Asset Sales -$16,892
Net Income from Fundraising Events $9,125
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $67,204

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