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Loyal Christian Benefit Association Foundation

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

EIN: 251894136 ✦ Erie, PA ✦ Designated as a 501(c)(3)

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Overview

What is Loyal Christian Benefit Association Foundation?

The Loyal Christian Benefit Association Foundation is a nonprofit organization that focuses on providing educational scholarships. In 2021, they extended their support to two local universities by pre-funding scholarships for three consecutive years. Each year, two deserving students majoring in Insurance/Risk Management will be awarded scholarships worth $1,250. The foundation's mission is to empower future professionals in this field.

Is Loyal Christian Benefit Association Foundation legitimate?

Loyal Christian Benefit Association Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Loyal Christian Benefit Association Foundation 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.


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 Loyal Christian Benefit Association Foundation?

The Loyal Christian Benefit Association Foundation focuses on providing educational scholarships. In 2021, they contributed funds to two local universities, ensuring the availability of scholarships for three consecutive years. These scholarships are awarded annually to students pursuing degrees in Insurance/Risk Management, with each recipient receiving a sum of $1,250. The foundation's mission is centered around supporting the academic pursuits of students in this field.

What is the revenue of Loyal Christian Benefit Association Foundation?

Loyal Christian Benefit Association Foundation's revenue in 2023 was $100.

Who are the executives of Loyal Christian Benefit Association Foundation and what are their salaries?

Here are 11 key members and their salaries:


Robert Muth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Sweigart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Dupee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Courtad (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Kenny (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Balaban (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Dicesare (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Suchan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Levert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Tuttle (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Hagmaier (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Loyal Christian Benefit Association Foundation?

Loyal Christian Benefit Association Foundation's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Loyal Christian Benefit Association Foundation

The Loyal Christian Benefit Association Foundation is dedicated to offering educational scholarships. In the year 2021, this organization took a significant step by providing scholarship funds to two local universities. These funds were intended to pre-fund the LCBA Scholarship for a period of three years. The scholarship is specifically designed for students enrolled in Insurance/Risk Management programs. Every year, two deserving students will be awarded scholarships worth $1,250 each. By providing these scholarships, the Loyal Christian Benefit Association Foundation is making a substantial contribution to the education of future professionals in the field of Insurance/Risk Management.

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Impact




October, 2024

The Loyal Christian Benefit Association Foundation significantly impacts education and career development for students pursuing degrees in Insurance and Risk Management. By providing substantial scholarship funding to local universities, the foundation has set up a sustainable support system that will award two $1,250 scholarships annually for three years. This initiative not only alleviates financial burdens for students but also fosters growth in a vital industry by encouraging new talent to enter the field. The commitment to these educational scholarships enhances the community in Erie, PA, by investing in the future success of students and, ultimately, the insurance sector.




This information is meant to be a general summary of Loyal Christian Benefit Association 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.

Revenue
$100 (2023)
Expenses
$0 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $100

Assets and Liabilities:

  • Total Assets: $26,172
  • Total Liabilities: $0
  • Net Assets: $26,172

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Organization Details

Principal Officer

Douglas Tuttle

NTEE Category

Code: K30 - Food

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