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Hungarian American Citizens Club

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

EIN: 221916246 ✦ Woodbridge, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Hungarian American Citizens Club?

The Hungarian American Citizens Club was a nonprofit organization dedicated to fostering a thorough appreciation of Hungarian culture. Its mission encompassed three key areas: promoting Hungarian heritage, developing and maintaining scholarship funds to help members excel as American citizens, and performing their civic duties. The club also aimed to contribute to charitable causes that served a wide range of American citizens. Unfortunately, due to a decline in membership, the organization was dissolved in November 2022 in accordance with New Jersey state rules. Upon disbandment, all remaining assets were distributed as grants to qualified nonprofit organizations, aligning with the club's mission.

Is Hungarian American Citizens Club legitimate?

Hungarian American Citizens Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hungarian American Citizens Club 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 Hungarian American Citizens Club?

The Hungarian American Citizens Club's mission was centered around promoting a genuine understanding of Hungarian culture. They also aimed to establish and maintain scholarship funds to help their members become better-equipped American citizens and fulfill their civic duties. Furthermore, the club was dedicated to preserving Hungarian heritage. Besides these primary objectives, the club also contributed to approved charitable causes that served a wide range of American citizens. Regrettably, due to a decline in membership, the club was dissolved in November 2022, in accordance with New Jersey's state rules. The remaining assets were distributed as grants to qualified non-profit organizations, in line with the club's mission.

Who is the CEO of Hungarian American Citizens Club?

Magdolna Tussay is the Principal Officer of Hungarian American Citizens Club.

What is the revenue of Hungarian American Citizens Club?

Hungarian American Citizens Club's revenue in 2022 was $3.

Who are the executives of Hungarian American Citizens Club and what are their salaries?


Here are 2 key members and their salaries:


Magnolna Tussay (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Moricz (Treasurer/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hungarian American Citizens Club?

Hungarian American Citizens Club's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Hungarian American Citizens Club

The Hungarian American Citizens Club, in its mission, aimed to foster a deep understanding of Hungarian culture. This was accomplished by developing and maintaining scholarship funds, aiming to help its members become better American citizens and fulfill their civic duties. In addition to this, the club sought to preserve Hungarian heritage. The organization also extended its efforts to contribute to approved charitable causes, serving a wide range of American citizens. Unfortunately, due to a decline in membership, the club was dissolved in November 2022, in accordance with the rules of the State of New Jersey. All remaining assets were paid out via grants to qualified non-profit organizations, aligning with the mission of the Hungarian American Citizens Club.

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Impact




October, 2024

The Hungarian American Citizens Club had a significant impact on the local community by promoting a true understanding of Hungarian culture and fostering a sense of heritage among its members. Through various activities and programs, the club aimed to develop and maintain scholarship funds that assisted members in becoming better American citizens and active participants in their civic duties.

By prioritizing cultural education and civic engagement, the club not only preserved Hungarian traditions but also encouraged integration and contribution to the broader American society. Its commitment to charitable causes allowed members to engage with and support a diverse range of community needs, enhancing the social fabric of Woodbridge, NJ.

Although the club has ceased operations due to a decline in membership, its legacy persists through the support provided to qualified nonprofit organizations via remaining assets. This distribution of funds aligned with its mission, ensuring that the values of cultural appreciation and civic responsibility continue to resonate within the community.




This information is meant to be a general summary of Hungarian American Citizens Club. 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
$3 (2022)
Expenses
$173,612 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3
  • Gross Receipts: $3

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

1925

Principal Officer

Magdolna Tussay

Main Address

PO BOX 1013, WOODBRIDGE, NJ, 070951013

NTEE Category

Code: S80Z - Community improvement

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