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Joliet Memorial Band Endowment Fund Inc

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

EIN: 364306211 ✦ New lenox, IL ✦ Designated as a 501(c)(3)

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Overview

What is Joliet Memorial Band Endowment Fund Inc?

Joliet Memorial Band Endowment Fund Inc is a nonprofit organization, recognized under section 501(C)(3), with the mission to establish and sustain an endowment fund. This fund aims to perpetuate the Joliet American Legion Band, a qualified entity. The primary objective is to provide financial assistance and support to the band when necessary. The nonprofit achieves this by granting funds directly to the Joliet American Legion Band, demonstrating a benevolent commitment to its preservation and well-being.

Is Joliet Memorial Band Endowment Fund Inc legitimate?

Joliet Memorial Band Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Joliet Memorial Band Endowment Fund 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.

What is the mission statement of Joliet Memorial Band Endowment Fund Inc?

The Joliet Memorial Band Endowment Fund Inc's mission is centered around establishing and maintaining an endowment fund. This fund aims to support and perpetuate the Joliet American Legion Band, a non-profit organization as recognized by 501(C)(3). The fund is designed to provide assistance to the band when needed and make grants to the Joliet American Legion Band. The overarching goal is to offer benevolent support to the band, ensuring its continued existence and prosperity.

Who is the CEO of Joliet Memorial Band Endowment Fund Inc?

Edward Periu is the President of Joliet Memorial Band Endowment Fund Inc.

What is the revenue of Joliet Memorial Band Endowment Fund Inc?

Joliet Memorial Band Endowment Fund Inc's revenue in 2022 was $32,564.

Who are the executives of Joliet Memorial Band Endowment Fund Inc and what are their salaries?


Here are 4 key members and their salaries:


Edward Periu (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Harmon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Cryder (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Zolecki (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Joliet Memorial Band Endowment Fund Inc?

Joliet Memorial Band Endowment Fund Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Joliet Memorial Band Endowment Fund Inc

The Joliet Memorial Band Endowment Fund Inc is a charitable organization with a mission to establish an endowment fund. This fund is intended to perpetuate the Joliet American Legion Band, a group recognized under the 501(C)(3) tax-exempt status with the EIN number XXX-XX-XXXX. The primary objective of this fund is to provide support to the Joliet American Legion Band when necessary. Furthermore, the Endowment Fund grants funds to the Joliet American Legion Band, demonstrating its benevolent nature. In essence, the Joliet Memorial Band Endowment Fund Inc aims to ensure the continuity of the Joliet American Legion Band and offer financial assistance whenever required.

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Impact




October, 2024

The Joliet Memorial Band Endowment Fund Inc plays a crucial role in preserving and promoting the Joliet American Legion Band, ensuring its continued legacy in the community. By establishing an endowment fund, it provides a sustainable source of financial support, enabling the band to thrive and maintain its musical traditions.

This support is vital for the band’s operations, allowing for consistent programming and performances that enrich the cultural landscape of New Lenox, IL. The endowment fund ensures that the band can continue to engage with the community, offering concerts and events that foster a sense of unity and celebration among residents.

In addition to supporting musical endeavors, the fund embodies a commitment to benevolence, providing grants to enhance the band's activities and outreach. This impact extends beyond music, as it cultivates community pride and honors the contributions of veterans through the band’s performances. Through its efforts, the Joliet Memorial Band Endowment Fund Inc not only sustains artistic expression but also strengthens community bonds and preserves a vital piece of local heritage.




This information is meant to be a general summary of Joliet Memorial Band Endowment Fund 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
$32,564 (2022)
Expenses
$18,510 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $27,564
  • Gross Receipts: $32,564

Assets and Liabilities:

  • Total Assets: $417,485
  • Total Liabilities: $0
  • Net Assets: $417,485

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Organization Details

Principal Officer

Edward Periu

Main Address

704 Tara Street, New Lenox, IL, 60451

NTEE Category

Code: W11 - Public benefit

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