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Christmas Magic Inc C/O Charles C Russo

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

EIN: 113420933 ✦ Hauppauge, NY ✦ Designated as a 501(c)(3)

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Overview

What is Christmas Magic Inc C/O Charles C Russo?

Christmas Magic Inc C/O Charles C Russo is a nonprofit organization based in Hauppauge, New York. Their primary mission is to solicit charitable contributions from the general public. The funds raised enable the organization to purchase and distribute toys as Christmas presents for hundreds of needy children during the holiday season. They visit family shelters and individual families to distribute these gifts, bringing joy and cheer to less fortunate children. The organization's activities are centered around this annual campaign, aiming to spread holiday cheer and support for underprivileged children in the community.

Is Christmas Magic Inc C/O Charles C Russo legitimate?

Christmas Magic Inc C/O Charles C Russo is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christmas Magic Inc C/O Charles C Russo 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: $0

For more financial information, click here

What is the mission statement of Christmas Magic Inc C/O Charles C Russo?

Christmas Magic Inc., during the holiday season, aims to collect charitable contributions from the public. These contributions are utilized to purchase toys, which are then distributed to needy children. The organization visits family shelters and individual families during the holiday season to distribute these toys. Their mission can be summarized as seeking financial support from the general public to purchase and distribute toys to underprivileged children during the festive season.

Who is the CEO of Christmas Magic Inc C/O Charles C Russo?

Charles Russo is the President/Chairman of Christmas Magic Inc C/O Charles C Russo.

What is the revenue of Christmas Magic Inc C/O Charles C Russo?

Christmas Magic Inc C/O Charles C Russo's revenue in 2022 was $226,694.

Who are the executives of Christmas Magic Inc C/O Charles C Russo and what are their salaries?


Here are 4 key members and their salaries:


Charles C Russo (President/Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Labelle (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elisa Russell (Treasurer)
  • Compensation: $5,800
  • Related: $0
  • Other: $0
Michael Cosgrove (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Christmas Magic Inc C/O Charles C Russo?

Christmas Magic Inc C/O Charles C Russo's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Christmas Magic Inc C/O Charles C Russo

Christmas Magic Inc C/O Charles C Russo, as per its mission, seeks charitable contributions from the general public to purchase and distribute toys to needy children during the holiday season. The organization's primary goal is to collect funds to ensure that less fortunate children receive gifts during this joyous time of year. They visit family shelters and individual families during the holiday season to distribute these toys, bringing a smile to the faces of many children in need. By soliciting charitable contributions, Christmas Magic Inc C/O Charles C Russo is able to purchase and distribute Christmas presents to hundreds of children, bringing a sense of joy and happiness to their lives during the holiday season.

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Impact




October, 2024

Christmas Magic Inc, led by Charles C Russo, plays a significant role in spreading joy and hope during the holiday season. The organization focuses on purchasing and distributing toys to children in need, ensuring that they experience the magic of Christmas. By actively engaging with family shelters and individual families, Christmas Magic Inc brings happiness to those who might otherwise go without during this festive time.

Through community support and charitable contributions, the organization can acquire gifts for hundreds of children, making a tangible difference in their lives. This initiative not only provides tangible presents but also fosters a sense of community and empathy, encouraging others to participate in the spirit of giving. The impact of Christmas Magic Inc extends beyond the distribution of toys; it cultivates hope and happiness in the hearts of children and families during a time that is often difficult for many.




This information is meant to be a general summary of Christmas Magic Inc C/O Charles C Russo. 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
$226,694 (2022)
Expenses
$332,993 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $129
  • Program Service Revenue: $272
  • Gross Receipts: $228,094

Assets and Liabilities:

  • Total Assets: $220,861
  • Total Liabilities: $13,906
  • Net Assets: $206,955

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Organization Details

Founding Year

1998

Principal Officer

Charles Russo

Main Address

400 TOWN LINE ROAD, HAUPPAUGE, NY, 117882830

NTEE Category

Code: P20 - Human services

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