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Hickory Nut Gorge Olympiad

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

EIN: 202150818 ✦ Lake lure, NC ✦ Designated as a 501(c)(3)

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Overview

What is Hickory Nut Gorge Olympiad?

Hickory Nut Gorge Olympiad is a nonprofit organization that organizes an event, likely a sports competition, where athletes pay participation fees. The primary objective of this event is to raise funds, which are then donated to 14 diverse charities and service organizations. Although the information does not specify the exact number of individuals benefiting from these donations, the total amount given is $19,000. The event's primary mission is to support local charities and service organizations by raising funds through athlete fees, covering expenses, and donating the remaining amount.


Official website here: www.lakelureolympiad.org

Is Hickory Nut Gorge Olympiad legitimate?

Hickory Nut Gorge Olympiad is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hickory Nut Gorge Olympiad submitted a form 990EZ, 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.


Official website here: www.lakelureolympiad.org

What is the mission statement of Hickory Nut Gorge Olympiad?

The Hickory Nut Gorge Olympiad's mission is centered around raising funds through athlete fees. These funds are then distributed to various charities and service organizations. The objective of this event is to support and contribute to the well-being of these organizations and the people they serve. The exact number of individuals benefiting from these donations cannot be ascertained. However, a significant sum of $20,000 was donated, with the event incurring expenses totaling $35,640. Ultimately, the event managed to donate $19,000 after deducting its expenses, thereby supporting local charities and service organizations.


Official website here: www.lakelureolympiad.org

Who is the CEO of Hickory Nut Gorge Olympiad?

Joanne Ellingson is the Treasurer of Hickory Nut Gorge Olympiad.


Official website here: www.lakelureolympiad.org

What is the revenue of Hickory Nut Gorge Olympiad?

Hickory Nut Gorge Olympiad's revenue in 2022 was $36,344.


Official website here: www.lakelureolympiad.org

Who are the executives of Hickory Nut Gorge Olympiad and what are their salaries?


Here are 2 key members and their salaries:


Kay Dittmer (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Ellingson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lakelureolympiad.org

Where can I find the form 990EZ for Hickory Nut Gorge Olympiad?

Hickory Nut Gorge Olympiad's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.lakelureolympiad.org

Learn more at the official website: www.lakelureolympiad.org

Mission Statement of Hickory Nut Gorge Olympiad

The Hickory Nut Gorge Olympiad, an event that charges fees from participating athletes, dedicates a portion of its earnings to supporting 14 different charities and service organizations. This nonprofit organization operates with a mission to raise funds for local charities and service organizations, aiming to make a positive impact on the lives of numerous individuals in the community. Although the exact number of people benefitting from these donations remains undetermined, the Hickory Nut Gorge Olympiad has successfully distributed a total of $20,000 to various organizations. The event's total expenses amounted to $35,640, leaving a net donation of $19,000 for the supported charities and services. The Hickory Nut Gorge Olympiad's primary objective is to generate revenue through athlete fees, which it then uses to contribute to the well-being of its community by supporting a diverse range of charities and service organizations.

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Impact




August, 2024

The Hickory Nut Gorge Olympiad has had a significant impact on the Lake Lure community by raising funds to support local charities and service organizations. Through athlete fees and donations, the organization was able to distribute $19,000 to 14 different charities and service organizations. While we may not have specific numbers on the individuals affected by these donations, the overall contribution towards community improvement is evident. This demonstrates the Olympiad's commitment to making a positive difference in the lives of those in need within the Lake Lure area.




This information is meant to be a general summary of Hickory Nut Gorge Olympiad. 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
$36,344 (2022)
Expenses
$41,237 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $36,344

Assets and Liabilities:

  • Total Assets: $4,662
  • Total Liabilities: $0
  • Net Assets: $4,662

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Organization Details

Principal Officer

Joanne Ellingson

Main Address

P O Box 123, Lake Lure, NC, 28746

NTEE Category

Code: S12 - Community improvement

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