Overview
What is Amarillo Bingo Association?
The Amarillo Bingo Association serves as a commercial lessor for five non-profit organizations, facilitating their Bingo fundraising activities under Texas gaming laws. Located at 8308 Makenna Court, Amarillo, TX 79119, this association operates as a payroll advertising office, offering contract services, license sales, and handling tax obligations, including payroll taxes. Its primary mission is to provide operational efficiencies for the participating organizations, which in turn, allows them to raise more funds through Bingo events held at a single location managed by the association. Any distributions made by the association are limited to these participating organizations.
Is Amarillo Bingo Association legitimate?
Amarillo Bingo Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Amarillo Bingo Association 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: $45,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Amarillo Bingo Association?
The Amarillo Bingo Association serves as a commercial lessor under Texas gaming laws, supporting five non-profit organizations in their bingo fundraising activities. By providing a central location for these organizations, the Association aims to enhance operational efficiencies, leading to increased fundraising revenue. The Association's mission is to distribute, if any, funds solely to these participating organizations.
Who is the CEO of Amarillo Bingo Association?
Richard Parker is the President of Amarillo Bingo Association.
What is the revenue of Amarillo Bingo Association?
Amarillo Bingo Association's revenue in 2022 was $79,768.
Who are the executives of Amarillo Bingo Association and what are their salaries?
The average compensation at Amarillo Bingo Association during 2022 was $45,200. There is 1 employee and 1 volunteer at Amarillo Bingo Association.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $45,200
- Related: $45,200
- Other: $0
Where can I find the form 990 for Amarillo Bingo Association?
Amarillo Bingo Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Amarillo Bingo Association
The Amarillo Bingo Association serves as a commercial lessor, adhering to Texas gaming laws, for a group of five non-profit organizations. In this role, it provides a central location for these organizations to conduct legal bingo fundraising activities, acting as a facilitator to optimize operational efficiency and boost their income-generating potential. The association's mission is to distribute any earnings, if any, solely to these participating non-profit organizations. This partnership allows these organizations to focus on their primary objectives while leveraging the efficiency of the centralized bingo operation, ultimately contributing to their fundraising efforts.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Amarillo Bingo Association plays a crucial role in enhancing the fundraising capabilities of multiple nonprofit organizations in Amarillo, Texas. By operating as a commercial lessor under Texas gaming laws, the Association streamlines bingo fundraising activities for five 501(c)(3) organizations. This consolidation into a single location allows for greater operational efficiencies, ultimately leading to increased fundraising income for these organizations.
Through the provision of essential services such as payroll management, advertising, office supplies, and contract services, the Association supports its partners in maximizing their revenue potential. The funds raised from these bingo activities are critical for the participating nonprofits, enabling them to further their missions in the community. Furthermore, any distributions from the Association are exclusively directed back to these organizations, reinforcing the collaborative effort to benefit local human services initiatives. In summary, the Amarillo Bingo Association significantly impacts the Amarillo community by facilitating effective fundraising for vital nonprofit services.
This information is meant to be a general summary of Amarillo Bingo Association. 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: $1,554
- Gross Receipts: $337,854
Assets and Liabilities:
- Total Assets: $117,007
- Total Liabilities: $0
- Net Assets: $117,007
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2005
Phone
(806) 584-3002Principal Officer
Richard Parker
Main Address
8308 Makenna Court, AMARILLO, TX, 79119
NTEE Category
Code: P02 - Human services
If you are a representative of Amarillo Bingo Association and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.