Overview
What is St Louis Alumni Association Inc?
St. Louis Alumni Association Inc is a nonprofit organization situated in Biddeford, Maine. Its primary focus is on uplifting the local youth community by providing financial support to youth sports programs and fostering academic growth. They achieve this by granting scholarships to talented youth pursuing higher education, thereby enhancing their scholastic opportunities. The association's initiatives aim to empower the next generation and contribute positively to their development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The St Louis Alumni Association Inc received a Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. This high score reflects the charity's effective use of resources and sound financial management practices, which are crucial for ensuring donor trust and organizational sustainability.
One of the notable strengths of the organization is the composition of its board, comprised entirely of independent members, which enhances oversight and mitigates conflicts of interest. Additionally, the absence of any material diversion of assets and the comprehensive policies in place for conflict of interest, whistleblower protections, and document retention further underscore the organization’s commitment to transparency and ethical governance.
Despite its strengths, the rating is based solely on accountability and finance, with no information available regarding program effectiveness or impact metrics. Potential donors may want to seek additional insights into the association's program outcomes to fully assess its overall effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is St Louis Alumni Association Inc legitimate?
St Louis Alumni Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Louis Alumni Association 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.
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What is the mission statement of St Louis Alumni Association Inc?
The St. Louis Alumni Association Inc. is committed to supporting youth in the area by providing financial assistance to local sports programs and fostering scholastic opportunities. They accomplish this by awarding academic scholarships to young individuals who are pursuing higher education. Through these initiatives, the organization aims to empower the next generation and broaden their educational prospects.
Who is the CEO of St Louis Alumni Association Inc?
Paul Therrien is the Chairman of St Louis Alumni Association Inc.
What is the revenue of St Louis Alumni Association Inc?
St Louis Alumni Association Inc's revenue in 2022 was $31,745.
Who are the executives of St Louis Alumni Association Inc and what are their salaries?
Here are 15 key members and their salaries:
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Where can I find the form 990 for St Louis Alumni Association Inc?
St Louis Alumni Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Louis Alumni Association Inc
St. Louis Alumni Association Inc, as a nonprofit organization, is committed to supporting the educational and athletic pursuits of local youth. This is achieved through two primary means: providing financial aid to youth sports programs and offering academic scholarships to young individuals who are continuing their education beyond high school. By doing so, the association aims to broaden the scholastic opportunities available to these young people, thereby empowering them to reach their full potential. Through these initiatives, St. Louis Alumni Association Inc plays a significant role in fostering the growth and development of the area's youth, contributing to a stronger and more educated community.
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Impact
August, 2024
St Louis Alumni Association Inc makes a significant impact by providing crucial financial support to area youth sports programs and offering scholastic opportunities for local youth. Through the awarding of academic scholarships to deserving youth pursuing higher education, the organization plays a vital role in helping students achieve their academic goals and access opportunities that may have otherwise been out of reach. This support not only benefits the individual recipients but also contributes to the overall development and success of the community.
This information is meant to be a general summary of St Louis Alumni Association 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $25,504
- Program Service Revenue: $5,526
- Gross Receipts: $31,745
Assets and Liabilities:
- Total Assets: $1,068,721
- Total Liabilities: $0
- Net Assets: $1,068,721
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FROM CSA IMPORT
Revenue
$5,526
Organization Details
Founding Year
1946
Phone
(207) 282-2285Principal Officer
Paul Therrien
Main Address
PO BOX 493, BIDDEFORD, ME, 04005
NTEE Category
Code: B19 - Education
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