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Summit Luminary Fund

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

EIN: 263328391 ✦ Summit, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Summit Luminary Fund?

The Summit Luminary Fund is a charitable organization, led by Barbara Romano, that actively raises funds for local causes. They achieve this by selling luminaries and subsequently distributing the collected funds to various foundations. Operating as a philanthropic entity, the organization relies on volunteers to execute its mission. The Summit Luminary Fund serves as a conduit for donations, channeling resources to support a variety of community initiatives.

Is Summit Luminary Fund legitimate?

Summit Luminary Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Summit Luminary Fund 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 Summit Luminary Fund?

The Summit Luminary Fund, functioning as a philanthropic organization, aims to raise funds for local charities through the sale of luminaries. It distributes these funds to various foundations, contributing to their charitable efforts. The organization's primary mission is to support these causes and contribute to the betterment of the communities they serve. By operating on a volunteer basis, the Summit Luminary Fund demonstrates a commitment to giving back and making a difference in people's lives.

Who is the CEO of Summit Luminary Fund?

Barbara Romano is the President of Summit Luminary Fund.

What is the revenue of Summit Luminary Fund?

Summit Luminary Fund's revenue in 2023 was $136,819.

Who are the executives of Summit Luminary Fund and what are their salaries?


Here are 3 key members and their salaries:


Barbara Romano (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina Romano (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Kuhn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Summit Luminary Fund?

Summit Luminary Fund's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Summit Luminary Fund

The Summit Luminary Fund is a philanthropic organization, led by Barbara Romano, that raises funds for local charities through the sale of luminaries. Its primary mission is to distribute these funds to other foundations, contributing to various causes within the community. By operating as a seller of luminaries, the Summit Luminary Fund serves as a platform for charitable giving, allowing individuals to contribute to worthy causes while also adding a touch of light and beauty to their surroundings. The organization's actions, led by Barbara Romano, embody a commitment to community betterment and support for other charitable organizations.

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Impact




October, 2024

The Summit Luminary Fund generates significant impact by selling luminaries, with the proceeds directed towards supporting local charities. Through this initiative, the organization fosters community involvement and supports various foundations by distributing funds efficiently. Led by Barbara Romano, the effort not only raises essential resources but also promotes a spirit of philanthropy, encouraging volunteers to actively participate in giving back to the community. The focus on local charities ensures that the funds have a direct and uplifting effect on those in need within Summit, NJ, amplifying both awareness and support for vital causes in the area.




This information is meant to be a general summary of Summit Luminary Fund. 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
$136,819 (2023)
Expenses
$126,117 (2023)
Efficiency

Other financial information:

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

  • Gross Receipts: $156,925

Assets and Liabilities:

  • Total Assets: $23,199
  • Total Liabilities: $0
  • Net Assets: $23,199

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Organization Details

Principal Officer

Barbara Romano

Main Address

10 Westminster Road, Summit, NJ, 07901

NTEE Category

Code: T123 - Philanthropy

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