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Labor Day Future Inc

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

EIN: 363898610 ✦ Toluca, IL ✦ Designated as a 501(c)(4)

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Overview

What is Labor Day Future Inc?

Labor Day Future Inc is a nonprofit organization that annually hosts a community event over Labor Day Weekend. Established in 1950, this event spans four days and attracts a substantial crowd of over 21,000 individuals. The organization's primary focus is on organizing this annual community gathering, offering an opportunity for people to come together and celebrate.


Official website here: www.tolucalaborday.com

Is Labor Day Future Inc legitimate?

Labor Day Future Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Labor Day Future Inc 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.


Official website here: www.tolucalaborday.com

What is the mission statement of Labor Day Future Inc?

Labor Day Future Inc organizes an annual community event during Labor Day Weekend. This tradition has been upheld since 1950, drawing over 21,000 individuals each year. The event spans four days, offering a variety of activities that attract a diverse crowd. While the JSON data does not provide a specific mission statement, it implies that the organization's purpose is to host this annual community event, fostering unity and engagement during Labor Day.


Official website here: www.tolucalaborday.com

Who is the CEO of Labor Day Future Inc?

James P Ghiglieri Jr is the President of Labor Day Future Inc.


Official website here: www.tolucalaborday.com

What is the revenue of Labor Day Future Inc?

Labor Day Future Inc's revenue in 2022 was $65,773.


Official website here: www.tolucalaborday.com

Who are the executives of Labor Day Future Inc and what are their salaries?


Here are 4 key members and their salaries:


James P Ghiglieri Jr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judi Jesse (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carla O'Connor (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Alden (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tolucalaborday.com

Where can I find the form 990EZ for Labor Day Future Inc?

Labor Day Future Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.tolucalaborday.com

Learn more at the official website: www.tolucalaborday.com

Mission Statement of Labor Day Future Inc

Labor Day Future Inc, an organization named after the annual community event held over Labor Day Weekend, has a mission that extends beyond the celebration. Since its inception in 1950, this entity has been organizing a four-day event that attracts over 21,000 individuals each year. Although the mission description in the provided information is not explicitly stated, it can be inferred that Labor Day Future Inc's mission likely revolves around the successful execution and growth of this annual community event. This event serves as a gathering point for the community, providing an opportunity for people to connect, engage, and celebrate together. The organization's commitment to this annual event underscores its dedication to fostering community spirit and togetherness.

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Impact




October, 2024

Labor Day Future Inc significantly impacts the community of Toluca, IL, through its annual Labor Day event, which has been a cornerstone of local culture since 1950. This four-day celebration draws over 21,000 attendees, fostering a sense of community and bringing people together to share in the festivities. The event features various activities centered around arts, promoting local artists and enriching the cultural fabric of the area.

By creating an opportunity for residents and visitors alike to celebrate over the Labor Day weekend, Labor Day Future Inc stimulates local businesses and boosts tourism. The influx of visitors also encourages community engagement and collaboration among local organizations, enhancing the overall vitality of Toluca.

Moreover, the longstanding tradition of this event contributes to preserving cultural heritage and strengthening community identity, making it a vital celebration that resonates with both longtime residents and newcomers. Through its sustained efforts, Labor Day Future Inc ensures that the spirit of unity, creativity, and shared experiences continues to flourish in Toluca each year.




This information is meant to be a general summary of Labor Day Future Inc. 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
$65,773 (2022)
Expenses
$52,391 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $65,773

Assets and Liabilities:

  • Total Assets: $39,432
  • Total Liabilities: $0
  • Net Assets: $39,432

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Organization Details

Principal Officer

James P Ghiglieri Jr

Main Address

701 atchison ave PO Box 331, toluca, IL, 61369

NTEE Category

Code: A23 - Arts

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