Overview
What is Group 1 Foundation Inc?
Group 1 Foundation Inc is a charitable organization headquartered in Houston, dedicated to supporting Group 1 Automotive employees experiencing hardships caused by natural disasters, injuries, or illnesses. The foundation demonstrates its commitment by providing financial aid, as evidenced by its contribution of $26,500 during Hurricane Harvey relief efforts. The organization's mission is to offer assistance to its employees in need, demonstrating a strong sense of community and empathy.
Is Group 1 Foundation Inc legitimate?
Group 1 Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Group 1 Foundation Inc 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.
What is the mission statement of Group 1 Foundation Inc?
Group 1 Foundation Inc's mission is centered around providing assistance to employees of Group 1 Automotive during periods of hardship, resulting from natural disasters, injuries, or illnesses. The foundation has demonstrated its commitment by providing relief funds, such as the $26,500 allocated for Hurricane Harvey recovery. The primary objective of Group 1 Foundation Inc is to offer support during challenging times, aiming to alleviate the burden and facilitate recovery for its beneficiaries.
Who is the CEO of Group 1 Foundation Inc?
Unavailable
What is the revenue of Group 1 Foundation Inc?
Group 1 Foundation Inc's revenue in 2022 was $138,314.
Who are the executives of Group 1 Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Group 1 Foundation Inc?
Group 1 Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Group 1 Foundation Inc
Group 1 Foundation Inc, a charitable organization, is committed to aiding Group 1 Automotive employees who encounter hardships due to natural disasters, injuries, or illnesses. The foundation's mission lies in providing financial assistance during these challenging times. As an example, Group 1 Foundation Inc offered relief amounting to $26,500 during the aftermath of Hurricane Harvey. The foundation's operations are not specified in the information provided, but its primary focus is on supporting the employees of Group 1 Automotive in their time of need.
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Impact
October, 2024
Group 1 Foundation Inc significantly impacts its community by providing essential support to employees of Group 1 Automotive facing hardships caused by natural disasters, injury, or illness. Based in Houston, the Foundation has been instrumental in delivering financial aid during critical times, such as offering $26,500 in relief for Hurricane Harvey. This assistance not only alleviates immediate financial burdens but also fosters a sense of safety and stability among employees, reinforcing a supportive culture within the workplace. Through its efforts, Group 1 Foundation Inc contributes to public safety by ensuring that employees can recover and rebuild their lives after devastating events.
This information is meant to be a general summary of Group 1 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $138,314
Assets and Liabilities:
- Total Assets: $169,267
- Total Liabilities: $0
- Net Assets: $169,267
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Organization Details
Phone
(713) 647-5700Main Address
800 GESSNER 500, HOUSTON, TX, 77024
NTEE Category
Code: M20 - Public safety
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