Salvage Assurance 3-23 Inc
Salvage Assurance 3-23 Inc is a private foundation focused on Public, Societal Benefit, based in CULLMAN, AL. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $318 in total assets. In 2022, it made $2K in qualifying distributions.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
$318
-49.5% YoY
Revenue
$2K
-13.0% YoY
Qualifying Distributions
$2K
-0.9% YoY
Expenses
$2K
+0.4% YoY
Under IRS private-foundation payout rules, Salvage Assurance 3-23 Inc reported a distributable amount of $60 for 2022 — the minimum it must pay out in qualifying distributions.
About Salvage Assurance 3-23 Inc
Based on IRS filings
Salvage Assurance 3-23 Inc is a private foundation focused on Public, Societal Benefit, based in CULLMAN, AL. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $318 in total assets. In 2022, it made $2K in qualifying distributions.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $318 | $630 | $633 |
| Revenue | $2,000 | $2,300 | $2,123 |
| Expenses | $2,312 | $2,303 | $1,471 |
| Qualifying Distributions | $1,837 | $1,853 | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $60 | $18 | $12 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2022
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2022.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HEATHER GUDGER | PRESIDENT | 1 | — |
| GARLAN GUDGER JR | VICE PRESIDE | 1 | — |
| TRENA PIERCE | SECRETARY/TR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Salvage Assurance 3-23 Inc?
Salvage Assurance 3-23 Inc is a private foundation focused on Public, Societal Benefit, based in CULLMAN, AL. It holds $318 in total assets as of 2022.
How large is Salvage Assurance 3-23 Inc?
As of 2022, Salvage Assurance 3-23 Inc holds $318 in total assets with $2K in annual revenue.
How much is Salvage Assurance 3-23 Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, Salvage Assurance 3-23 Inc reported a distributable amount of $60 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Salvage Assurance 3-23 Inc's EIN?
Salvage Assurance 3-23 Inc's EIN (Employer Identification Number) is 46-4233797. IRS Form 990 filing data is available on this page for 2020–2022.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.