Overview
What is Lasalle Council Inc Boy Scouts Of America 165 Trust?
Lasalle Council Inc Boy Scouts Of America 165 Trust is a nonprofit organization whose primary mission is to financially support the operational and capital requirements of Lasalle Council, a local chapter of the Boy Scouts of America #165. The trust achieves this by investing funds and distributing the profits in accordance with rules established in the statute. This financial assistance enables the council to operate and maintain its facilities effectively.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Stars
Lasalle Council Inc Boy Scouts Of America 165 Trust has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The charity's score is based entirely on its performance in Accountability & Finance, with a perfect 100% from multiple indicators, demonstrating a high level of transparency and effective governance.
The organization boasts a fully independent board of directors, which enhances its credibility and oversight capabilities. With a program expense ratio of 91.40%, the majority of its funding is allocated directly to its programs, ensuring that resources are utilized effectively to support its mission. Additionally, the charity has established robust policies on conflict of interest, whistleblower protection, and document retention, reinforcing its operational integrity.
Despite the strong performance metrics, the summary did not highlight any specific areas for improvement. Overall, Lasalle Council Inc Boy Scouts Of America 165 Trust appears to be a well-managed nonprofit with a clear focus on its goals and a commitment to responsible financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Lasalle Council Inc Boy Scouts Of America 165 Trust legitimate?
Lasalle Council Inc Boy Scouts Of America #165 Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lasalle Council Inc Boy Scouts Of America #165 Trust 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:
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Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Lasalle Council Inc Boy Scouts Of America 165 Trust?
The Lasalle Council Inc Boy Scouts Of America 165 Trust's mission is centered around providing financial aid, both for the day-to-day operations and any necessary infrastructure improvements, for the Lasalle Council, a part of Boy Scouts of America #165. This support is facilitated through strategic investments, with the stipulation that funds can be disbursed in accordance with regulations outlined in the governing statute.
Who is the CEO of Lasalle Council Inc Boy Scouts Of America 165 Trust?
John Cary is the Director of Lasalle Council Inc Boy Scouts Of America #165 Trust. The CEO's salary of Lasalle Council Inc Boy Scouts Of America 165 Trust is $0 and their total compensation is $152,239.
What is the revenue of Lasalle Council Inc Boy Scouts Of America 165 Trust?
Lasalle Council Inc Boy Scouts Of America 165 Trust's revenue in 2022 was $44,624.
Who are the executives of Lasalle Council Inc Boy Scouts Of America 165 Trust and what are their salaries?
Here are 50 key members and their salaries (Lasalle Council Inc Boy Scouts Of America 165 Trust's CEO's salary is $0 and their total compensation is $152,239):
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- Related: $130,123
- Other: $22,116
Where can I find the form 990 for Lasalle Council Inc Boy Scouts Of America 165 Trust?
Lasalle Council Inc Boy Scouts Of America 165 Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lasalle Council Inc Boy Scouts Of America 165 Trust
The Lasalle Council Inc Boy Scouts Of America 165 Trust is dedicated to enhancing the financial support for the operational and capital needs of Lasalle Council Inc, Boy Scouts of America #165. This trust accomplishes this by investing funds and dispensing the proceeds in part, in accordance with the regulations set forth in the statute. The primary objective of the trust is to strengthen the financial position of the Boy Scouts of America council, thereby ensuring its continued operation and growth. The trust serves as a vital financial resource, enabling the council to carry out its mission of fostering values, leadership, and character development in young individuals, as part of the Boy Scouts of America organization.
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Impact
August, 2024
Lasalle Council Inc Boy Scouts Of America 165 Trust's impact is significant in providing increasing financial support for the operating and capital needs of Lasalle Council, Inc., Boy Scouts of America #165. By generating funds through investments and disbursing proceeds according to established rules, the Trust plays a crucial role in ensuring the sustainability and growth of youth development programs offered by the Boy Scouts in South Bend, Indiana.
This information is meant to be a general summary of Lasalle Council Inc Boy Scouts Of America 165 Trust. 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: $41,364
- Gross Receipts: $206,714
Assets and Liabilities:
- Total Assets: $2,310,524
- Total Liabilities: $0
- Net Assets: $2,310,524
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Organization Details
Founding Year
1974
Phone
(574) 289-0337Principal Officer
John Cary
Main Address
1340 SOUTH BEND AVE, SOUTH BEND, IN, 46617
NTEE Category
Code: O40 - Youth development
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