Overview
What is Achievement Center Endowment Fd Inc Midwest Bank?
Achievement Center Endowment Fd Inc Midwest Bank is a nonprofit organization situated in Monmouth, Illinois. Their primary role is to support another not-for-profit entity by offering property and equipment leasing services and providing capital support. In essence, they lend their resources to other charitable organizations, helping them to operate effectively. This collaboration allows the leased organizations to allocate their funds more efficiently towards their core missions.
Is Achievement Center Endowment Fd Inc Midwest Bank legitimate?
Achievement Center Endowment Fd Inc % Midwest Bank is a legitimate nonprofit organization registered as a 501(c)(3) entity. Achievement Center Endowment Fd Inc % Midwest Bank 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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What is the mission statement of Achievement Center Endowment Fd Inc Midwest Bank?
The Achievement Center Endowment Fund Inc, in association with Midwest Bank, has a mission to support other non-profit organizations. They achieve this by leasing property and equipment to these organizations. This service not only provides them with the necessary facilities but also offers capital support. The primary objective is to assist these non-profit entities in delivering their services and benefiting the community at large. By leasing property and equipment, the Achievement Center Endowment Fund Inc Midwest Bank is contributing to the success of various non-profit organizations, thereby positively impacting the communities they serve.
Who is the CEO of Achievement Center Endowment Fd Inc Midwest Bank?
Amy Thompson is the Director of Achievement Center Endowment Fd Inc % Midwest Bank.
What is the revenue of Achievement Center Endowment Fd Inc Midwest Bank?
Achievement Center Endowment Fd Inc Midwest Bank's revenue in 2023 was $319,876.
Who are the executives of Achievement Center Endowment Fd Inc Midwest Bank and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Achievement Center Endowment Fd Inc Midwest Bank?
Achievement Center Endowment Fd Inc Midwest Bank's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Achievement Center Endowment Fd Inc Midwest Bank
The Achievement Center Endowment Fd Inc Midwest Bank is committed to providing support to other not-for-profit entities. Their mission, in essence, revolves around leasing property and essential equipment to these organizations. This strategic approach allows not-for-profits to access necessary resources without incurring substantial upfront costs. Moreover, the bank extends capital support to these organizations, further enhancing their ability to deliver services and benefits to their respective communities. By leasing property and equipment, the Achievement Center Endowment Fd Inc Midwest Bank plays a crucial role in empowering not-for-profits, enabling them to focus on their primary missions and make a meaningful impact in their respective fields.
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Impact
October, 2024
Achievement Center Endowment Fund Inc Midwest Bank plays a crucial role in supporting other nonprofit organizations by leasing property and equipment. This initiative enables various nonprofits to access essential resources without the heavy financial burden of purchasing or maintaining assets. By providing capital support and facilitating the leasing of equipment, the organization enhances the operational capabilities of these nonprofits, allowing them to focus on delivering their services and benefits to the communities they serve. Based in Monmouth, IL, this effort contributes to the overall strength and effectiveness of the nonprofit sector in the region, fostering collaboration and resource sharing to amplify impact.
This information is meant to be a general summary of Achievement Center Endowment Fd Inc Midwest Bank. 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 2023.
- Investment Income: $62,094
- Program Service Revenue: $113,280
- Gross Receipts: $390,032
Assets and Liabilities:
- Total Assets: $7,678,361
- Total Liabilities: $0
- Net Assets: $7,678,361
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT FROM WAC
Revenue
$113,280
Organization Details
Principal Officer
Amy Thompson
Main Address
PO BOX 440, MONMOUTH, IL, 61462
NTEE Category
Code: Z99 - Unknown
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