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Montgomery Dragon Boat Festival

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

EIN: 453514739 ✦ Montgomery, AL ✦ Designated as a 501(c)(3)

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Overview

What is Montgomery Dragon Boat Festival?

The Montgomery Dragon Boat Festival (MDBRF) is a volunteer-driven nonprofit organization, situated in Montgomery, Alabama. Established with the purpose of promoting youth leadership, cultural diversity, fitness, and cultural heritage, they mainly utilize the sport of dragon boating and paddle boarding. Their primary mission is to serve as a fundraiser, channeling proceeds from dragon boat and paddle boat racing events to eligible IRS 501-C-3 organizations selected by their board of directors. Despite the halt of activities in 2020 due to COVID-19, they plan to resume operations in 2021, focusing on fostering healthy living and leadership qualities among both youths and adults.


Official website here: www.montgomerydragonboat.org

Is Montgomery Dragon Boat Festival legitimate?

Montgomery Dragon Boat Festival is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montgomery Dragon Boat Festival 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.montgomerydragonboat.org

What is the mission statement of Montgomery Dragon Boat Festival?

The Montgomery Dragon Boat Festival, as a volunteer-led organization, is committed to promoting youth leadership, cultural diversity, fitness, and the preservation of cultural heritage. Its primary mission is to function as a fundraiser, channeling funds to eligible IRS 501-C-3 organizations, chosen by the Board of Directors, through the organization of dragon boat and paddle board racing events. These events aim to encourage healthy living and the cultivation of leadership qualities among both youths and adults. In the event of cancellation, as was the case in 2020 due to COVID-19, the organization incurs minimal expenses, primarily on depreciation of existing assets. Activities are scheduled to resume in 2021.


Official website here: www.montgomerydragonboat.org

Who is the CEO of Montgomery Dragon Boat Festival?

Edward G Reifenberg is the Principal Officer of Montgomery Dragon Boat Festival.


Official website here: www.montgomerydragonboat.org

What is the revenue of Montgomery Dragon Boat Festival?

Montgomery Dragon Boat Festival's revenue in 2020 was $0.


Official website here: www.montgomerydragonboat.org

Who are the executives of Montgomery Dragon Boat Festival and what are their salaries?


Here are 5 key members and their salaries:


Stephen Woerner (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Reifenberg (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Powell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Bartlett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Szymanski (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.montgomerydragonboat.org

Where can I find the form 990 for Montgomery Dragon Boat Festival?

Montgomery Dragon Boat Festival's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.montgomerydragonboat.org

Learn more at the official website: www.montgomerydragonboat.org

Mission Statement of Montgomery Dragon Boat Festival

Montgomery Dragon Boat Festival, a volunteer-driven organization, is committed to fostering youth leadership, promoting cultural diversity, encouraging fitness, and preserving cultural heritage. The primary mission of this nonprofit entity is to function as a fundraiser for eligible IRS 501-C-3 organizations, selected by its Board of Directors. This is achieved by organizing dragon boat racing and/or paddle board racing at a festival, which in turn serves to encourage healthier lifestyles and cultivate leadership qualities among both youths and adults. Unfortunately, due to the COVID-19 pandemic, no activities were held in 2020. However, the organization continued with minimal expenses, primarily covering depreciation on its existing assets. Montgomery Dragon Boat Festival is scheduled to resume its activities in 2021, continuing its mission to promote wellness, leadership, and cultural preservation through the engaging sport of dragon boating and paddle boarding.

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Impact




October, 2024

The Montgomery Dragon Boat Festival significantly impacts the community by promoting youth leadership, cultural diversity, and fitness through engaging activities centered on dragon boating and paddle boarding. By organizing competitive events, the festival fosters teamwork and sportsmanship among participants, enhancing social bonds and community involvement.

Additionally, it serves as a fundraising platform for qualified nonprofits, thereby supporting various charitable organizations and projects. The festival not only enriches the local culture but also emphasizes healthy living, encouraging individuals of all ages to participate in physical activities. Overall, the Montgomery Dragon Boat Festival plays a vital role in nurturing leadership qualities and fostering a sense of belonging within the community.




This information is meant to be a general summary of Montgomery Dragon Boat Festival. 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
$0 (2020)
Expenses
$1,261 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

    Assets and Liabilities:

    • Total Assets: $3,115
    • Total Liabilities: $0
    • Net Assets: $3,115

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    Organization Details

    Founding Year

    2013

    Principal Officer

    Edward G Reifenberg

    Main Address

    3252 Le Bron Road, MONTGOMERY, AL, 36106

    NTEE Category

    Code: A23 - Arts

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