Overview
What is Bear Mountain Coal Co?
Bear Mountain Coal Company is a nonprofit organization established on December 14, 1933, with a unique mission. Their primary objective is to serve as a financial resource for the Western Reserve Academy, an educational institution that caters to boys and young men. This financial support comes from the specific holding of coal surface and mineral rights in West Virginia. The company's purpose is to secure funds for the academy's operations, ensuring its continued provision of quality education.
Is Bear Mountain Coal Co legitimate?
Bear Mountain Coal Co is a legitimate nonprofit organization registered as a 501(c)(2) entity. Bear Mountain Coal Co 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 Bear Mountain Coal Co?
Bear Mountain Coal Company's mission is centered around providing a financial resource for the Western Reserve Academy, an educational institution for boys and young men. Incorporated in December 1933, the company's primary objective is to manage West Virginia's coal surface and mineral rights. This revenue stream is intended to support the academy's operations and educational programs.
Who is the CEO of Bear Mountain Coal Co?
Thomas Arnold is the President of Bear Mountain Coal Co.
What is the revenue of Bear Mountain Coal Co?
Bear Mountain Coal Co's revenue in 2022 was $10,656.
Who are the executives of Bear Mountain Coal Co and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $6,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Bear Mountain Coal Co?
Bear Mountain Coal Co's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Bear Mountain Coal Co
Bear Mountain Coal Company, established in 1933, was incorporated with a specific mission in mind. This mission revolves around providing a stable source of funds for the Western Reserve Academy, a learning institution primarily catering to boys and young men. The unique aspect of Bear Mountain's mission lies in the nature of these funds. They are derived from the holding of West Virginia's coal surface and mineral rights. This financial support serves as a crucial lifeline, enabling the Western Reserve Academy to continue its educational pursuits and provide opportunities for young learners.
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Impact
October, 2024
Bear Mountain Coal Co has significantly impacted the educational landscape by providing a dedicated financial resource for the Western Reserve Academy, its sole beneficiary. Since its incorporation on December 14, 1933, the organization has focused on the unique holding of West Virginia coal surface and mineral rights, which generates funding crucial for the academy's operations. This financial support enables the Western Reserve Academy to maintain and enhance its programs for boys and young men, fostering a nurturing environment for education and personal development. By securing a sustainable income stream through its coal holdings, Bear Mountain Coal Co plays a vital role in ensuring that the academy can continue its mission of academic excellence and community improvement.
This information is meant to be a general summary of Bear Mountain Coal Co. 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: $10,656
- Gross Receipts: $10,656
Assets and Liabilities:
- Total Assets: $17,439
- Total Liabilities: $0
- Net Assets: $17,439
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Organization Details
Phone
(330) 650-9713Principal Officer
Thomas Arnold
Main Address
4900 TIEDEMAN ROAD OH-01-49-0381, BROOKLYN, OH, 44144
NTEE Category
Code: S47 - Community improvement
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