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The Cloud Fund

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

EIN: 263656679 ✦ Blacksburg, VA ✦ Designated as a 501(c)(3)

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Overview

What is The Cloud Fund?

The Cloud Fund is a charitable entity that serves the Blue Ridge Soaring Society, a recognized 501(c)(3) organization situated in Blacksburg, Virginia. Its primary role is to manage and distribute funds on behalf of the society, ensuring the proper handling of its assets. The Cloud Fund plays a crucial role in supporting the society's objectives and operations by soliciting, collecting, and administering donations and funds for its use. Its mission is centered around the responsible management of resources for the betterment of the Blue Ridge Soaring Society.

Is The Cloud Fund legitimate?

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

The Cloud Fund's mission is to manage and distribute funds on behalf of the Blue Ridge Soaring Society, a non-profit organization. Its primary role is to collect, store, and dispense funds intended for the society's use. The Cloud Fund serves as a financial intermediary, ensuring the proper allocation of funds for the benefit of the Blue Ridge Soaring Society. This organization's purpose is to effectively handle assets that have been set aside for the society.

Who is the CEO of The Cloud Fund?

Unavailable

What is the revenue of The Cloud Fund?

The Cloud Fund's revenue in 2023 was $0.

Who are the executives of The Cloud Fund and what are their salaries?


Here are 3 key members and their salaries:


Kevin Kochersberger (Chairmantreasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Zaboji (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
John T Molumphy Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for The Cloud Fund?

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

Mission Statement of The Cloud Fund

The Cloud Fund serves a crucial role in managing funds for the Blue Ridge Soaring Society, a 501(c)(3) organization. Its mission is to collect, hold, and distribute assets on behalf of this organization, ensuring their financial wellbeing and smooth operations. By handling these funds, The Cloud Fund acts as a reliable steward, ensuring that the Blue Ridge Soaring Society can focus on its primary objectives.

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Impact




October, 2024

The Cloud Fund plays a vital role in supporting the Blue Ridge Soaring Society by managing and distributing funds essential for its operations. Located in Blacksburg, VA, The Cloud Fund ensures that the financial resources necessary for promoting youth development through soaring activities are effectively solicited, collected, and allocated. By administering these assets, the fund aids in fostering skills in aviation and providing educational opportunities for young people, ultimately enriching their lives and enhancing community engagement in the sport of soaring.




This information is meant to be a general summary of The Cloud 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
$0 (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.

    Assets and Liabilities:

    • Total Assets: $125,580
    • Total Liabilities: $0
    • Net Assets: $125,580

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    Organization Details

    Main Address

    4734 MOUNT TABOR RD, BLACKSBURG, VA, 24060

    NTEE Category

    Code: O125 - Youth development

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