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Mercadien Foundation Inc

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

EIN: 223740144 ✦ Hamilton, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Mercadien Foundation Inc?

Mercadien Foundation Inc is a charitable organization affiliated with the Mercadien group. Employees can dress casually at work by donating a minimum of $5.00 to the foundation, with the funds directed towards a selected, deserving community-based charity. The foundation's primary objective is to positively impact the community by initiating, managing, and sustaining initiatives and projects that are solely focused on charitable or educational purposes. The goal is to contribute to the betterment of the community through these undertakings.


Official website here: www.mercadien.com

Is Mercadien Foundation Inc legitimate?

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


Official website here: www.mercadien.com

What is the mission statement of Mercadien Foundation Inc?

The Mercadien Foundation Inc, as stated in its mission description, aims to make a positive impact on the community. This is achieved by allowing associates of the Mercadien group to wear casual attire at work, provided they contribute a minimum of $5.00 to the Foundation. The collected funds are then distributed to a pre-selected and eligible charitable organization within the community. The Foundation's primary purpose is to carry out undertakings and activities that are exclusively charitable or educational in nature, with the ultimate goal of serving and enhancing the community.


Official website here: www.mercadien.com

Who is the CEO of Mercadien Foundation Inc?

Unavailable


Official website here: www.mercadien.com

What is the revenue of Mercadien Foundation Inc?

Mercadien Foundation Inc's revenue in 2021 was $10,595.


Official website here: www.mercadien.com

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


Here are 6 key members and their salaries:


Conrad Druker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Fein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marguerite Mount (Director / President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherise Ritter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Digesh Patel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eleanor Horne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mercadien.com

Where can I find the form 990EZ for Mercadien Foundation Inc?

Mercadien Foundation Inc's most recent form 990EZ was submitted in 2021 and can be accessed here.


Official website here: www.mercadien.com

Learn more at the official website: www.mercadien.com

Mission Statement of Mercadien Foundation Inc

Mercadien Foundation Inc, an organization associated with the Mercadien group, encourages its associates to wear casual attire to work, subject to a minimum contribution of $5.00 towards the Foundation. This contribution is then distributed to a pre-selected, worthy charitable organization within the community. The Foundation's primary objective is to make a significant impact on the community by supporting and funding charitable or educational initiatives. By doing so, Mercadien Foundation Inc aims to contribute positively to the community's well-being and betterment. The Foundation's mission is to establish, conduct, maintain, and support undertakings and activities that are exclusively charitable or educational in nature, thereby promoting social welfare and community development.

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Impact




August, 2024

The impact of Mercadien Foundation Inc is felt through its unique initiative called Casual for a Cause, where associates of the Mercadien group can wear jeans to work by contributing $5.00 to the Foundation. This money is then distributed to pre-designated and qualified public charities in the community. Through this program, Mercadien Foundation Inc aims to make a positive impact on the community by supporting charitable and educational activities. This commitment to philanthropy demonstrates their dedication to giving back and supporting those in need.




This information is meant to be a general summary of Mercadien 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
$10,595 (2021)
Expenses
$5,849 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $10,595

Assets and Liabilities:

  • Total Assets: $9,351
  • Total Liabilities: $0
  • Net Assets: $9,351

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Organization Details

Main Address

3625 QUAKERBRIDGE ROAD, HAMILTON, NJ, 08619

NTEE Category

Code: T20 - Philanthropy

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