Woolrich Inc Employees Beneficial Association

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

EIN: 246018271 ✦ Woolrich, PA ✦ Designated as a 501(c)(4)

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Overview

What is Woolrich Inc Employees Beneficial Association?

The Woolrich Employees Beneficial Association is a philanthropic organization founded in the 1930s by M.B. Rich, the initial leader of Woolrich Inc. It was established through a trust from Rich's will, with the primary aim of providing aid for specific employee-related purposes. The association is renowned for maintaining a local community park, ensuring it remains clean and secure for the residents of Woolrich and its neighboring areas. Beyond this, the Woolrich Employees Beneficial Association extends its support to its members and their families in need, offering charitable contributions, scholarships, memorials, and floral tributes. The organization's mission reflects its commitment to enhancing the lives of its employees and their communities.

Is Woolrich Inc Employees Beneficial Association legitimate?

Woolrich Inc Employees Beneficial Association is a legitimate nonprofit organization registered as a 501(c)(4) entity. Woolrich Inc Employees Beneficial Association 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 Woolrich Inc Employees Beneficial Association?

The Woolrich Employees Beneficial Association, established in the 1930s, was set up through a trust from M.B. Rich, the first president of Woolrich Inc. The primary objective of the association is to utilize its income for the betterment of its employees. It manages a community park, ensuring its maintenance and safety for the benefit of residents in the local area. Beyond this, the association extends charity contributions, scholarships, memorials, and provides flowers to its members and their families in times of need.

Who is the CEO of Woolrich Inc Employees Beneficial Association?

Terri Hamberger is the President of Woolrich Inc Employees Beneficial Association.

What is the revenue of Woolrich Inc Employees Beneficial Association?

Woolrich Inc Employees Beneficial Association's revenue in 2022 was $106,192.

Who are the executives of Woolrich Inc Employees Beneficial Association and what are their salaries?


Here are 5 key members and their salaries:


Terri Hamberger (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joy Croak (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Toner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristie Healy (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Corlew (Asst Secretary Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Woolrich Inc Employees Beneficial Association?

Woolrich Inc Employees Beneficial Association's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Woolrich Inc Employees Beneficial Association

The Woolrich Employees Beneficial Association, established in the 1930s, was founded through a trust from the will of M.B. Rich, the first president of Woolrich Inc. This nonprofit organization's mission is centered around providing specific benefits to its employees and their families in need. The association demonstrates its commitment through various initiatives, such as maintaining a community park that is kept clean and safe for the residents of Woolrich and surrounding areas.

Beyond maintaining the community park, the Woolrich Employees Beneficial Association extends its support to its members through charity contributions, scholarships, memorials, and the provision of flowers. These acts of kindness are intended to uplift and assist those within its community, demonstrating a strong sense of care and community involvement. The association's efforts extend beyond its immediate community, as it also offers help to those in need, ensuring that it lives up to the legacy of its founding father.

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Impact




October, 2024

Woolrich Inc Employees Beneficial Association has a significant impact on the local community by providing crucial support and resources to its members and their families. Established in the 1930s, the association utilizes income from a trust set up by M.B. Rich, the founding president of Woolrich Inc., specifically to enhance the lives of employees.

One of its key initiatives is the management of a community park, which serves as a safe and clean space for residents of Woolrich and the surrounding areas, promoting community engagement and outdoor activities. Beyond park maintenance, the association extends its reach through charity contributions, scholarships, and memorials, offering assistance during times of need. This commitment fosters a strong sense of community and belonging, ensuring that employees and their families receive support and recognition in both joyful and challenging times.

Overall, the Woolrich Inc Employees Beneficial Association plays a vital role in enriching the lives of individuals within its community, reinforcing connections, and providing essential services that benefit the well-being of all involved.




This information is meant to be a general summary of Woolrich Inc Employees Beneficial Association. 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
$106,192 (2022)
Expenses
$64,177 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $2,545
  • Gross Receipts: $106,192

Assets and Liabilities:

  • Total Assets: $261,617
  • Total Liabilities: $17,539
  • Net Assets: $244,078

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Organization Details

Principal Officer

Terri Hamberger

Main Address

1 MILL ST, WOOLRICH, PA, 177790000

NTEE Category

Code: Y40 - Mutual benefit

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