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The Nobilo Foundation Inc

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

EIN: 453454562 ✦ Cleveland, OH ✦ Designated as a 501(c)(3)

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Overview

What is The Nobilo Foundation Inc?

The Nobilo Foundation Inc, a nonprofit organization, focuses on spreading holiday cheer by providing Christmas presents to disadvantaged children in the local community. Beyond this, they also contribute financially and emotionally to 'our scholars,' a non-profit organization that supports young women with promising futures who face financial challenges during their college journey. The Foundation's programs additionally involve distributing gift cards to individuals in need. (120 words)

Is The Nobilo Foundation Inc legitimate?

The Nobilo Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Nobilo Foundation Inc 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

What is the mission statement of The Nobilo Foundation Inc?

The Nobilo Foundation's mission is centered around providing holiday cheer to underprivileged children in the local community. Specifically, they organize initiatives to distribute Christmas presents to these children. Beyond this, the foundation also extends its support to a non-profit organization, offering financial and emotional assistance to disadvantaged young women pursuing higher education. Their programs include providing gift cards to various individuals in need.

Who is the CEO of The Nobilo Foundation Inc?

Frank Nobilo is the Vice President And Directo of The Nobilo Foundation Inc.

What is the revenue of The Nobilo Foundation Inc?

The Nobilo Foundation Inc's revenue in 2022 was $171,698.

Who are the executives of The Nobilo Foundation Inc and what are their salaries?


Here are 7 key members and their salaries:


Selena Nobilo (Vice President And Directo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Del Cragin (Treasurer And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Bentubo (Secretary And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Lightner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Conte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Sands (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Nobilo (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Nobilo Foundation Inc?

The Nobilo Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Nobilo Foundation Inc

The Nobilo Foundation, a charitable organization, is dedicated to spreading holiday cheer among local underprivileged children by providing them with Christmas presents. This mission is a central part of the foundation's activities, aiming to bring joy and a sense of hope to children who may otherwise go without during the festive season. Additionally, The Nobilo Foundation supports a non-profit organization called Scholars, which offers financial and emotional assistance to disadvantaged young women with exceptional potential during their college journey. The foundation's programs extend beyond Christmas gifts, as they also distribute gift cards to various underprivileged individuals, further demonstrating their commitment to helping those in need.

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Impact




October, 2024

The Nobilo Foundation Inc significantly impacts the community by ensuring that local underprivileged children experience the joy of Christmas through the provision of gifts. By focusing on distributing presents, the foundation enhances the holiday spirit for those in need, fostering a sense of belonging and happiness during a time that can be challenging for disadvantaged families.

In addition to holiday support, The Nobilo Foundation plays a crucial role in empowering young women through its donations to support scholars. By providing financial and emotional assistance to those with exceptional potential, the foundation helps these women navigate the challenges of their college journey, ultimately contributing to their academic and personal success.

Furthermore, the foundation's initiative to distribute gift cards to indigent individuals addresses immediate needs within the community, ensuring that essential resources are available to those facing hardships. Overall, The Nobilo Foundation Inc creates a ripple effect of positivity, support, and opportunity in Cleveland, Ohio, uplifting the lives of many through its targeted programs and actions.




This information is meant to be a general summary of The Nobilo Foundation 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
$171,698 (2022)
Expenses
$168,269 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $257
  • Gross Receipts: $245,416

Assets and Liabilities:

  • Total Assets: $341,614
  • Total Liabilities: $0
  • Net Assets: $341,614

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Organization Details

Founding Year

2012

Principal Officer

Frank Nobilo

Main Address

22901 MILLCREEK BLVD 225, CLEVELAND, OH, 44122

NTEE Category

Code: P12 - Human services

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