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Rivera Memorial Foundation Inc

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

EIN: 061536766 ✦ Waterbury, CT ✦ Designated as a 501(c)(3)

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Overview

What is Rivera Memorial Foundation Inc?

The Rivera Memorial Foundation is a nonprofit organization with a mission to combat juvenile delinquency. They achieved this in their recent fiscal year by granting 13 scholarships for diverse youth sports activities, including cheerleading and basketball, benefiting over 250 children. The foundation's efforts extend beyond sports, focusing on after-school programs and various youth initiatives tailored for children from underprivileged areas.

Is Rivera Memorial Foundation Inc legitimate?

Rivera Memorial Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rivera Memorial Foundation 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $90,340

For more financial information, click here

What is the mission statement of Rivera Memorial Foundation Inc?

The Rivera Memorial Foundation's mission is centered around reducing juvenile delinquency. To achieve this, the foundation awards scholarships for youth sports programs, such as cheerleading and basketball, which served around 250 children in the previous fiscal year. The foundation places a strong focus on after-school programs and various youth initiatives, targeting children from disadvantaged backgrounds.

Who is the CEO of Rivera Memorial Foundation Inc?

Jessica Ocasio is the Executive Director of Rivera Memorial Foundation Inc.

What is the revenue of Rivera Memorial Foundation Inc?

Rivera Memorial Foundation Inc's revenue in 2023 was $336,736.

Who are the executives of Rivera Memorial Foundation Inc and what are their salaries?

The average compensation at Rivera Memorial Foundation Inc during 2023 was $12,906. There are 7 employees at Rivera Memorial Foundation Inc.


Here are 4 key members and their salaries:


Jinny Kilimas (Executive Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Ocasio (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maritza Rivera (Executive President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Magdalena Valentine-Campos (Executive Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Rivera Memorial Foundation Inc?

Rivera Memorial Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Rivera Memorial Foundation Inc

The Rivera Memorial Foundation is an organization that is committed to reducing juvenile delinquency. In line with this mission, the foundation has been actively involved in supporting youth sports programs. During the recent fiscal year, it awarded scholarships to 13 deserving youths, enabling them to participate in activities such as cheerleading and basketball. This initiative served over 250 children, providing them with a positive outlet and opportunities for personal growth. The Rivera Memorial Foundation emphasizes its focus on after-school programs and various youth initiatives, aiming to engage and support children from the community.

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Impact




October, 2024

The Rivera Memorial Foundation Inc significantly impacts the community by addressing juvenile delinquency through targeted youth programs. In fiscal year 2022, the foundation awarded 13 scholarships specifically for youth sports programs, including cheerleading and basketball, effectively engaging children in constructive activities. Over the past year, more than 250 children have benefited from its initiatives, which focus on after-school programs and various activities designed to foster youth development. By providing these opportunities, the foundation not only promotes physical health and teamwork but also helps cultivate a sense of belonging and purpose among young individuals in the Waterbury, CT area.




This information is meant to be a general summary of Rivera Memorial Foundation 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.

Revenue
$336,736 (2023)
Expenses
$249,129 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $48,094
  • Gross Receipts: $336,736

Assets and Liabilities:

  • Total Assets: $277,953
  • Total Liabilities: $0
  • Net Assets: $277,953

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

AFTER SCHOOL

Revenue

$48,094

Organization Details

Founding Year

1996

Principal Officer

Jessica Ocasio

Main Address

186 CHERRY ST, Waterbury, CT, 06702

NTEE Category

Code: O50 - Youth development

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