Overview
What is Middletown Area Chamber Foundation?
The Middletown Area Chamber Foundation is a nonprofit organization located at 1500 Central Avenue, Middletown, Ohio. Their primary activity is the annual Ohio Challenge Hot-Air Balloon Festival. Proceeds from this event, managed by their board of directors, are utilized for charitable purposes, including scholarships. The foundation's mission is to contribute to the community by directing these funds towards worthy causes, thereby enriching the lives of its residents.
Is Middletown Area Chamber Foundation legitimate?
Middletown Area Chamber Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Middletown Area Chamber Foundation 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 Middletown Area Chamber Foundation?
The Middletown Area Chamber Foundation hosts an annual hot-air balloon festival called The Ohio Challenge. The earnings from this event are managed by their board of directors, who allocate the funds towards scholarships and various worthwhile charitable causes. This non-profit organization's mission is to contribute to the education and well-being of individuals and communities through financial aid and charitable contributions.
Who is the CEO of Middletown Area Chamber Foundation?
David Pearce is the President of Middletown Area Chamber Foundation.
What is the revenue of Middletown Area Chamber Foundation?
Middletown Area Chamber Foundation's revenue in 2023 was $236,398.
Who are the executives of Middletown Area Chamber Foundation and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Middletown Area Chamber Foundation?
Middletown Area Chamber Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Middletown Area Chamber Foundation
The Middletown Area Chamber Foundation, a nonprofit organization, annually hosts the Ohio Challenge, a hot-air balloon festival. The proceeds from this event are meticulously managed by their board of directors, who direct the funds towards scholarships and various charitable causes. This mission of the foundation aims to support the educational aspirations of individuals and contribute to numerous worthy charitable initiatives.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Middletown Area Chamber Foundation significantly impacts the community through its annual event, the Ohio Challenge, a celebrated hot-air balloon festival. This vibrant festival not only provides a unique recreational experience for attendees but also serves a greater purpose by channeling its proceeds toward scholarships and various charitable initiatives. By enhancing educational opportunities and supporting local needs, the foundation plays a crucial role in fostering community growth and wellbeing in Middletown.
This information is meant to be a general summary of Middletown Area Chamber Foundation. 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 2023.
- Investment Income: $80
- Program Service Revenue: $147,469
- Gross Receipts: $258,024
Assets and Liabilities:
- Total Assets: $256,209
- Total Liabilities: $0
- Net Assets: $256,209
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BALLON INCOME
Revenue
$138,783
SKILLS 2 CAREERS SUBSCR
Revenue
$8,686
Organization Details
Founding Year
1996
Principal Officer
David Pearce
Main Address
1500 CENTRAL AVE, MIDDLETOWN, OH, 45042
NTEE Category
Code: N00 - Recreation
If you are a representative of Middletown Area Chamber Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.