Overview
What is Monarch Diamond Club?
The Monarch Diamond Club is a nonprofit organization that primarily generates funds through its weekly bingo games held on Mondays and Saturdays. The earned revenue is then distributed to various causes, notably supporting the Marysville High School baseball program and its summer players participating in American Legion baseball teams. Moreover, the club contributes financially to the general Marysville High School Athletic Booster Club, thereby aiding other sports teams within the institution.
Is Monarch Diamond Club legitimate?
Monarch Diamond Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monarch Diamond Club 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Monarch Diamond Club?
The Monarch Diamond Club, through its weekly bingo games on Mondays and Saturdays, generates funds. This revenue is then allocated to support the Marysville High School baseball program and its summer players participating in American Legion baseball teams. Additionally, the club extends its financial assistance to the general Marsyville High School athletic booster club, aiding other sports teams at the school.
Who is the CEO of Monarch Diamond Club?
Chad Kesterson is the President of Monarch Diamond Club.
What is the revenue of Monarch Diamond Club?
Monarch Diamond Club's revenue in 2023 was $163,081.
Who are the executives of Monarch Diamond Club and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Monarch Diamond Club?
Monarch Diamond Club's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Monarch Diamond Club
Monarch Diamond Club, a nonprofit organization, earns funds primarily through regular bingo sessions held on Mondays and Saturdays. The earnings generated from these activities are then channeled towards supporting various athletic programs at Marysville High School (MHS). This includes providing financial assistance to the school's baseball team and its American Legion counterpart during the summer. Furthermore, the club extends its support to the general MHS Athletic Booster Club, aiding other sports teams within the school.
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Impact
October, 2024
The Monarch Diamond Club significantly impacts the Marysville community by generating funds through its weekly bingo games, held every Monday and Saturday. The proceeds from these events play a crucial role in supporting the Marysville High School baseball program and assisting summer players on the American Legion baseball teams. Additionally, the club extends its support to other sports teams at Marysville High School through donations to the general Marysville High School Athletic Booster Club. This philanthropic effort not only enhances the athletic programs but also fosters community spirit and engagement in local sports initiatives.
This information is meant to be a general summary of Monarch Diamond Club. 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 2023.
- Investment Income: $144
- Program Service Revenue: $2,873
- Gross Receipts: $2,065,429
Assets and Liabilities:
- Total Assets: $238,455
- Total Liabilities: $0
- Net Assets: $238,455
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BASEBALL CAMP
Revenue
$1,995
HAYS/HOEHN MEMORIAL
Revenue
$878
Organization Details
Founding Year
1988
Phone
(937) 642-0010Principal Officer
Chad Kesterson
Main Address
PO BOX 643, MARYSVILLE, OH, 43040
NTEE Category
Code: T20 - Philanthropy
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