Overview
What is Project 40 31 Inc?
Project 40 31 Inc is a nonprofit organization situated in Hobbs, New Mexico, known for its annual golf tournament and charity auction. Their primary mission is to raise funds for various IRS-approved nonprofit entities that support terminally ill individuals, underprivileged children, and people with special needs, as well as those battling drug abuse and homelessness. Through these events, Project 40 31 Inc distributes all net proceeds to various charities, such as Make-A-Wish, Boys and Girls Club, Palmer Drug Abuse, and Habitat for Humanity, to name a few. Notably, the organization's team, including board members and volunteers, does not receive any compensation or reimbursement for their efforts.
Is Project 40 31 Inc legitimate?
Project 40 31 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project 40 31 Inc submitted a form 990, 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.
Here 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
Mission Statement of Project 40 31 Inc
Project 40:31 Inc is a dedicated organization that raises funds for various IRS-approved non-profit entities. Its mission is centered around supporting individuals and groups in need, including the terminally ill, underprivileged children, and individuals with special needs. Additionally, the organization extends its assistance to those battling drug abuse. Project 40:31 Inc achieves its mission through an annual golf tournament and charity auction. The net proceeds from these events are distributed to selected non-profit entities, such as Make-A-Wish, Boys and Girls Club, Palmer Drug Abuse, and Habitat for Humanity. These beneficiaries use the funds to serve their respective causes, including providing aid to the terminally ill, supporting underprivileged children, addressing drug dependency, and offering shelter and resources to the homeless. Notably, Project 40:31 Inc operates on a volunteer-based model, ensuring that no board members, volunteers, or other contributors receive compensation or reimbursement for their time and efforts.
Impact
This information is meant to be a general summary of Project 40 31 Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Wednesday, July 24, 2024
Project 40 31 Inc's impact is significant in supporting various IRS-approved nonprofit organizations that serve the terminally ill, underprivileged children, individuals with special needs or drug abuse issues, and other underserved populations. Through their annual golf tournament and charity auction, the organization raises funds that are distributed to reputable nonprofits such as Make-A-Wish, Boys and Girls Club, Palmer Drug Abuse, and Habitat for Humanity, among others. By providing financial support to these organizations, Project 40 31 Inc is directly contributing to improving the lives of those in need and making a positive difference in the community.
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 2023.
- Assets and Liabilities:
Organization Details
Founding Year
2010
Phone
(575) 631-8270
Principal Officer
Lee Roberson
Main Address
122 W TAYLOR ST, HOBBS, NM, 88240
NTEE Category
Code: T00 - Philanthropy
If you are a representative of Project 40 31 Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.