Hoover Price N Canton Com Bldg Y

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

EIN: 346832742 ✦ Brooklyn, OH ✦ Designated as a 501(c)(3)

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Overview

What is Hoover Price N Canton Com Bldg Y?

Hoover Price N Canton Com Bldg Y is a nonprofit organization that receives grants from KeyBank, as per a trust agreement dated December 31, 1984. The primary beneficiary of these grants is the North Canton Community Building YMCA. Keybank's role is to ensure that the funds are distributed in a manner that supports the YMCA's mission, demonstrating responsiveness to its needs and activities. The North Canton Community Building YMCA, in turn, utilizes these grants for its operational expenses. The specific nature and scope of the YMCA's programs or services are not detailed in the provided information.

Is Hoover Price N Canton Com Bldg Y legitimate?

Hoover Price N Canton Com Bldg Y is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hoover Price N Canton Com Bldg Y 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: $33,163
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Hoover Price N Canton Com Bldg Y?

The organization, referred to as Hoover Price N Canton Com Bldg Y, distributes grants according to a trust agreement from December 31, 1984. Keybank, serving as the trustee, disperses these funds to the North Canton Community Building YMCA. The bank maintains a responsiveness to the needs and activities of each beneficiary organization, ensuring they can achieve their respective missions. Grants are provided to the North Canton YMCA for operating expenses, indicating a support system in place for the organization's day-to-day operations.

Who is the CEO of Hoover Price N Canton Com Bldg Y?

Keybank N A is the Principal Officer of Hoover Price N Canton Com Bldg Y.

What is the revenue of Hoover Price N Canton Com Bldg Y?

Hoover Price N Canton Com Bldg Y's revenue in 2022 was $130,170.

Who are the executives of Hoover Price N Canton Com Bldg Y and what are their salaries?


Here are 4 key members and their salaries:


Thomas T Orr (Distribution Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James J Baker (Distribution Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles J Tyburski (Distribution Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keybank N A (Trustee)
  • Compensation: $33,163
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hoover Price N Canton Com Bldg Y?

Hoover Price N Canton Com Bldg Y's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Hoover Price N Canton Com Bldg Y

Hoover Price N Canton Com Bldg Y, as a beneficiary organization, receives grants according to a trust agreement dated December 31, 1984. KeyBank, acting as the trustee, distributes these funds to the North Canton Community Building YMCA. KeyBank maintains a responsiveness towards the needs and activities of each beneficiary organization, ensuring they can effectively achieve their mission. In this context, the mission of Hoover Price N Canton Com Bldg Y is to support the North Canton Community Building YMCA by providing necessary funds for operational expenses. The goal is to allow the YMCA to continue its mission and serve the community effectively.

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Impact




October, 2024

Hoover Price N Canton Com Bldg Y plays a crucial role in supporting the North Canton Community Building YMCA through its grant distribution model. Established under a trust agreement dated December 31, 1984, the organization ensures that the YMCA receives financial resources for its operating expenses, facilitating its ability to serve the community effectively.

By channeling funds from KeyBank, the trustee, the organization maintains a focus on the specific needs and activities of the YMCA, allowing it to adapt and thrive in a changing social environment. This funding supports a wide range of human services initiatives that the YMCA undertakes, from youth outreach programs to community fitness and wellness activities.

In this way, Hoover Price N Canton Com Bldg Y significantly impacts the North Canton community by enabling the YMCA to fulfill its mission, thus enhancing overall community health and well-being. The reliability of this funding helps the YMCA provide essential services and programs, ultimately contributing to a stronger, more connected community.




This information is meant to be a general summary of Hoover Price N Canton Com Bldg Y. 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
$130,170 (2022)
Expenses
$68,253 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $130,170
  • Gross Receipts: $381,007

Assets and Liabilities:

  • Total Assets: $4,235,014
  • Total Liabilities: $0
  • Net Assets: $4,235,014

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Organization Details

Founding Year

1984

Principal Officer

Keybank N A

Main Address

4900 TIEDEMAN ROAD OH-01-49-0381, BROOKLYN, OH, 44144

NTEE Category

Code: P20 - Human services

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