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Chas Hackley Fbo Muskegon Public Schools

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

EIN: 386051400 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

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Overview

What is Chas Hackley Fbo Muskegon Public Schools?

Chas Hackley Fbo Muskegon Public Schools is a nonprofit entity based in Cincinnati, Ohio. As per the provided information, its primary mission is to manage and invest trust assets with the objective of generating income. This income, as outlined in the governing document, is then directed towards various charities. Although not explicitly mentioned, it can be inferred that the charity distributions are intended for the benefit of Muskegon Public Schools. The nonprofit's operations are governed by the specified rules and regulations outlined in the governing instrument.

Is Chas Hackley Fbo Muskegon Public Schools legitimate?

Chas Hackley Fbo Muskegon Public Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chas Hackley Fbo Muskegon Public Schools 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: $51,166
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Chas Hackley Fbo Muskegon Public Schools?

The mission of Chas Hackley FBO, as outlined, is to invest its trust assets with the aim of generating income. This income is then distributed to the charities named in the governing instrument. The primary focus is on promoting financial support for these designated charities. While not explicitly stated, it can be inferred that this support is meant to contribute positively to their objectives and causes. The distributions to Muskegon Public Schools, as per the governing document, further emphasize the commitment to supporting educational institutions.

Who is the CEO of Chas Hackley Fbo Muskegon Public Schools?

Fifth Third Bank N A is the Trustee of Chas Hackley Fbo Muskegon Public Schools.

What is the revenue of Chas Hackley Fbo Muskegon Public Schools?

Chas Hackley Fbo Muskegon Public Schools's revenue in 2023 was $195,619.

Who are the executives of Chas Hackley Fbo Muskegon Public Schools and what are their salaries?


There is 1 key member and their salary:


Fifth Third Bank N A (Trustee)
  • Compensation: $51,166
  • Related: $0
  • Other: $0
Where can I find the form 990 for Chas Hackley Fbo Muskegon Public Schools?

Chas Hackley Fbo Muskegon Public Schools's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Chas Hackley Fbo Muskegon Public Schools

Chas Hackley Fbo Muskegon Public Schools is a nonprofit organization with a unique mission. Their primary objective is to invest and manage trust assets with the goal of generating income. This income is then distributed to the charities as outlined in the governing instrument. The organization's activities are primarily focused on this financial management role, guiding the income distribution process in accordance with the provided guidelines.

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Impact




October, 2024

Chas Hackley Fbo Muskegon Public Schools significantly impacts the educational landscape by directing financial resources to Muskegon Public Schools through strategic investment of trust assets. The income generated from these investments is specifically allocated for the benefit of the schools, enabling them to enhance educational programs, provide necessary resources, and support initiatives that improve student outcomes. This targeted financial support empowers the schools to address their unique challenges, invest in quality teaching, and foster an enriching learning environment for students in the community. By fulfilling its mission, Chas Hackley Fbo Muskegon Public Schools plays a vital role in promoting educational excellence and contributing to the overall development of the community.




This information is meant to be a general summary of Chas Hackley Fbo Muskegon Public Schools. 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
$195,619 (2023)
Expenses
$477,675 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $195,619
  • Gross Receipts: $1,045,776

Assets and Liabilities:

  • Total Assets: $2,964,293
  • Total Liabilities: $0
  • Net Assets: $2,964,293

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Organization Details

Founding Year

1906

Principal Officer

Fifth Third Bank N A

Main Address

PO BOX 630858, CINCINNATI, OH, 452630858

NTEE Category

Code: B11 - Education

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