Overview
What is Michaels Cares?
Michaels Cares is a nonprofit organization that offers financial aid to employees of Michaels Stores, Inc. in the United States who face hardships due to natural disasters, fires, or personal challenges. The organization provides financial assistance to cover expenses and also reimburses the company for administrative costs related to the program. Based in Irving, Texas, Michaels Cares serves as a safety net for its employees in times of need, ensuring they can overcome difficult circumstances with some financial support.
Official website here: www.michaels.com
Is Michaels Cares legitimate?
Michaels Cares is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michaels Cares 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.michaels.com
What is the mission statement of Michaels Cares?
Michaels Cares, as an organization, is dedicated to providing financial assistance to employees of Michaels Stores Inc. in the United States who encounter hardships due to natural disasters, fires, or personal difficulties. This aid is intended to alleviate the financial burdens faced by these individuals, including expenses related to such events, as well as in the case of personal tragedies such as the death of a family member. Furthermore, Michaels Cares also reimburses Michaels Stores Inc. for salary expenses associated with program administration. The primary goal of Michaels Cares is to offer support and financial relief to its employees during times of need.
Official website here: www.michaels.com
Who is the CEO of Michaels Cares?
April Nevarez is the President of Michaels Cares.
Official website here: www.michaels.com
What is the revenue of Michaels Cares?
Michaels Cares's revenue in 2022 was $183,818.
Official website here: www.michaels.com
Who are the executives of Michaels Cares and what are their salaries?
There 9 volunteers at Michaels Cares.
Here are 9 key members and their salaries:
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Official website here: www.michaels.com
Where can I find the form 990 for Michaels Cares?
Michaels Cares's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.michaels.com
Learn more at the official website: www.michaels.com
Mission Statement of Michaels Cares
Michaels Cares, a nonprofit organization, is dedicated to providing financial assistance to employees of Michaels Stores, Inc. in the United States who are facing challenges due to natural disasters, fires, or personal difficulties. The mission of Michaels Cares is to offer a helping hand to its employees during their times of need. This assistance can range from helping cover expenses related to these hardships to reimbursing Michaels Stores, Inc. for salary expenses associated with program administration. By providing this support, Michaels Cares aims to alleviate some of the financial burden faced by its employees during challenging times, demonstrating its commitment to the well-being of its workforce.
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Impact
October, 2024
Michaels Cares delivers significant support by providing financial assistance to employees of Michaels Stores, Inc. across the United States who face hardships due to natural disasters, fires, or personal difficulties. This support is crucial for individuals experiencing crises, such as the loss of a household family member, enabling them to navigate their challenges with a little less financial strain. By offering this type of assistance, Michaels Cares helps to foster a sense of community and resilience among employees, ensuring that they can access the resources they need during difficult times. The program also covers salary expenses for its administration, illustrating its commitment to effectively managing assistance resources. Overall, Michaels Cares creates a positive impact by prioritizing the well-being of its employees in times of crisis.
This information is meant to be a general summary of Michaels Cares. 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.
- Gross Receipts: $183,818
Assets and Liabilities:
- Total Assets: $734,372
- Total Liabilities: $0
- Net Assets: $734,372
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Organization Details
Founding Year
2006
Phone
(972) 409-5858Principal Officer
April Nevarez
Main Address
3939 W JOHN CARPENTER FRWY, IRVING, TX, 75063
Website
www.michaels.comNTEE Category
Code: P20 - Human services
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