Program areas at Ablelight Foundation
The corporation is a charitable, religious and educational organization, the purpose of which is to solicit, hold, manage, invest and expend endowment funds and other gifts, grants and bequests, whether consisting of real or personal property, and whether subject to directions or conditions imposed by donors, exclusively for the maintenance and benefit of Ablelight Inc of watertown, Wisconsin and such of its charitable, religious or educational programs or activities as the board of directors of this corporation from time to time deem to be suitable and appropriate.
Who funds Ablelight Foundation
Grants from foundations and other nonprofits
Personnel at Ablelight Foundation
| Name | Title | Compensation | Date of data |
|---|
| David Sneddon | Chief Operating Officer | $0 | 2022-08-31 |
| Brian Savoie | Chief Financial Officer | $0 | 2023-07-17 |
| Cindy Moon-Mogush | Chief Marketing and Communications Officer | $0 | 2022-08-31 |
| Sri Nagarajan | Chief Technology and Innovation Officer | $0 | 2022-08-31 |
| Diane Ekstrand | Chief Human Resources Officer | $0 | 2022-08-31 |
| ...and 20 more key personnel |
Financials for Ablelight Foundation
| Revenues | FYE 08/2023 | FYE 08/2022 | % Change |
|---|
| Total grants, contributions, etc. | $385,595 | $2,206,481 | -82.5% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $2,263,005 | $1,858,131 | 21.8% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $4,390,306 | $1,144,064 | 283.7% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $340 | -100% |
| Total revenues | $7,038,906 | $5,209,016 | 35.1% |
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|---|
| Trinitas Foundation | 501(c)(3) | Oceanport, NJ | $3,689,344 |
| Capital Health System Foundation | 501(c)(3) | Trenton, NJ | $3,688,334 |
| Foundation for Womans | 501(c)(3) | Baton Rouge, LA | $3,546,634 |
| Meritus Healthcare Foundation | 501(c)(3) | Hagerstown, MD | $10,015,612 |
| Licking Memorial Health Foundation | 501(c)(3) | Newark, OH | $5,044,067 |
| Beebe Medical Foundation | 501(c)(3) | Lewes, DE | $14,370,624 |
| Valley Hospital Foundation (VHF) | 501(c)(3) | Ridgewood, NJ | $12,118,940 |
| Lakeland Regional Medical Center Foundation | 501(c)(3) | Lakeland, FL | $10,634,946 |
| University of Maryland St Joseph Medical Center Foundation | 501(c)(3) | Towson, MD | $7,728,380 |
| Englewood Health Foundation | 501(c)(3) | Englewood, NJ | $13,128,037 |
Data update history
August 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 19, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 19, 2023
Updated personnel
Identified 4 new personnel
August 7, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 26, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Hospital foundationsGrantmaking organizationsHealth organizationsChapter / child organizationsCharities
Issues
HealthEducation
Characteristics
Funds one specific organizationNational levelEndowed supportFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employeesAccepts online donations
General information
- Address
- 600 Hoffmann Dr
- Watertown, WI 53094
- County
- Jefferson County, WI
- Website URL
- ablelight.org/Â
- Phone
- (920) 261-3050
IRS details
- EIN
- 39-1336413
- Fiscal year end
- August
- Taxreturn type
- Form 990
- Year formed
- 1979
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- E11: Health Care Single Organization Support
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Subordinate organization
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