Overview
What is Lobi?
Lobi, a nonprofit organization based in Lafayette, Louisiana, raises funds for various charities primarily through fishing tournaments. After covering expenses and initial costs, any remaining funds are donated to various causes. Notably, Lobi has contributed $50,000 and $10,000, or $40,000 and $5,000 in a different instance, to Miles Perret Cancer Center and St. Jude Children's Hospital, respectively. The dedicated group of volunteers carries out all the work associated with the organization.
Official website here: www.lobibass.com
What do the Facebook reviews say about Lobi?
While Lobi currently has only a few reviews on Facebook, the sentiment expressed is overwhelmingly positive. One reviewer mentioned that it is a "great organization," which suggests a strong appreciation for its mission and operations.
The feedback highlights well-organized tournaments, indicating that participants likely feel supported and that the events are handled effectively. This level of organization contributes to a positive experience for those involved, reinforcing the nonprofit's commitment to its activities.
Overall, it appears that Lobi is on the right track, with initial reviews reflecting satisfaction with its operations and activities.
This AI summary has been generated from reviews found on Facebook.
Is Lobi legitimate?
Lobi is a legitimate nonprofit organization registered as a 501(c)(4) entity. Lobi 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.
Official website here: www.lobibass.com
What is the mission statement of Lobi?
Lobi, an organization, raises funds primarily through fishing tournaments. Their primary objective is to support various charitable causes. After covering expenses and initial costs, the excess funds are donated to various organizations. Notably, they have contributed significantly to the Miles Perret Cancer Center and St. Jude Children's Hospital. In another instance, they donated a substantial sum to Miles Perret Cancer Center and a smaller amount to St. Jude Children's Hospital. The volunteers at Lobi perform all the required work to ensure the success of their fundraising events.
Official website here: www.lobibass.com
Who is the CEO of Lobi?
Sadi Hulin is the Vice President of Lobi. The CEO's salary of Lobi is $0 and their total compensation is $0.
Official website here: www.lobibass.com
What is the revenue of Lobi?
Lobi's revenue in 2022 was $52,178.
Official website here: www.lobibass.com
Who are the executives of Lobi and what are their salaries?
Here are 12 key members and their salaries (Lobi's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.lobibass.com
Where can I find the form 990EZ for Lobi?
Lobi's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.lobibass.com
Learn more at the official website: www.lobibass.com
Mission Statement of Lobi
Lobi, a nonprofit organization, raises funds for various charities primarily through fishing tournaments. The organization ensures that all its expenses and initial costs are covered before donating any excess funds. Lobi has demonstrated its commitment to charitable causes by donating substantial amounts to notable institutions such as the Miles Perret Cancer Center and St. Jude Children's Hospital. In one instance, the organization donated $50,000 to Miles Perret Cancer Center and $10,000 to St. Jude Children's Hospital. In another instance, the donations were slightly different, with Lobi contributing $40,000 to Miles Perret Cancer Center and $5,000 to St. Jude Children's Hospital. Lobi's charitable contributions are made possible by the hard work and dedication of its volunteers. The organization's mission is to make a positive impact in the lives of those in need by harnessing the power of fishing tournaments and the generosity of its volunteers.
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Impact
October, 2024
Lobi has a significant impact on the community by channeling funds raised through fishing tournaments into meaningful charitable contributions. Through its events, Lobi generates financial support for various organizations, including a notable $50,000 donation to the Miles Perret Cancer Center and $10,000 to St. Jude Children's Hospital. Additionally, the organization has provided funds in different instances, reflecting its ongoing commitment to supporting critical health initiatives.
By relying entirely on volunteers to manage and run its operations, Lobi maximizes the amount of money that goes directly to charities after covering necessary expenses. This grassroots approach not only fosters community engagement but also emphasizes the spirit of volunteerism and teamwork. With a mission anchored in philanthropy and recreation, Lobi effectively combines a love for fishing with a commitment to improving the lives of those in need across Lafayette, LA, and beyond.
This information is meant to be a general summary of Lobi. 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 2022.
- Investment Income: $29
- Gross Receipts: $140,456
Assets and Liabilities:
- Total Assets: $10,200
- Total Liabilities: $0
- Net Assets: $10,200
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Organization Details
Phone
(337) 280-1052Principal Officer
Sadi Hulin
Main Address
P O Box 60190, Lafayette, LA, 70596
Website
www.lobibass.comNTEE Category
Code: N50 - Recreation
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