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Madison Jaycees Foundation Inc

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

EIN: 461693707 ✦ Madison, CT ✦ Designated as a 501(c)(3)

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Overview

What is Madison Jaycees Foundation Inc?

The Madison Jaycees Foundation is a nonprofit organization that focuses on cultivating funds for charitable community projects. It encourages youth leadership and education, fostering involvement in civic service and charitable endeavors. The foundation extends its support by awarding scholarship grants to local students, helping them cover their post-high school education expenses. Moreover, the organization plays a significant role in funding various charitable community projects and aiding other local non-profit organizations financially. In summary, the Madison Jaycees Foundation is dedicated to uplifting the community, nurturing youth, and providing financial assistance to deserving students and local charitable initiatives.


Official website here: www.madisonjc.com

Is Madison Jaycees Foundation Inc legitimate?

Madison Jaycees Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison Jaycees Foundation Inc submitted a form 990EZ, 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.


Official website here: www.madisonjc.com

What is the mission statement of Madison Jaycees Foundation Inc?

The Madison Jaycees Foundation's mission is centered around fundraising and community outreach. It develops funds for charitable projects, promoting leadership and education in civic service and charitable endeavors. The organization offers scholarship grants to aid local students in their post-secondary education expenses. Furthermore, the foundation supports various charitable community projects and extends financial assistance to other local non-profit organizations.


Official website here: www.madisonjc.com

Who is the CEO of Madison Jaycees Foundation Inc?

Wes Barnes is the President of Madison Jaycees Foundation Inc.


Official website here: www.madisonjc.com

What is the revenue of Madison Jaycees Foundation Inc?

Madison Jaycees Foundation Inc's revenue in 2023 was $42,110.


Official website here: www.madisonjc.com

Who are the executives of Madison Jaycees Foundation Inc and what are their salaries?


Here are 3 key members and their salaries:


Wes Barnes (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Hustis (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Lowell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.madisonjc.com

Where can I find the form 990EZ for Madison Jaycees Foundation Inc?

Madison Jaycees Foundation Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.madisonjc.com

Learn more at the official website: www.madisonjc.com

Mission Statement of Madison Jaycees Foundation Inc

The Madison Jaycees Foundation, an esteemed organization, is committed to two primary objectives. Firstly, it focuses on developing and raising funds for charitable community projects. This involves identifying and supporting various initiatives that aim to improve the well-being of the local community. Secondly, the foundation promotes youth leadership and education, encouraging young individuals to engage in civic service and charitable pursuits. It achieves this by providing scholarship grants to deserving students in the region. These grants help alleviate the financial burden of post-high school education, enabling these students to pursue their academic goals. Furthermore, the Madison Jaycees Foundation extends its support to other local not-for-profit organizations by funding their charitable projects. In essence, the organization's mission is to contribute to the betterment of the community through its financial contributions and encouragement of youth leadership.

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Impact




August, 2024

Madison Jaycees Foundation Inc has a significant impact on the community of MADISON, CT. The organization develops and raises funds for charitable community projects, promotes youth leadership and education for civic service and charitable pursuits, and provides financial assistance through scholarship grants. Local students benefit from scholarships to help with their post-high school education costs, while various charitable community projects receive funding. Additionally, the foundation supports other local not-for-profit organizations, contributing to the overall well-being and development of the community.




This information is meant to be a general summary of Madison Jaycees 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
$42,110 (2023)
Expenses
$29,850 (2023)
Efficiency

Other financial information:

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

  • Gross Receipts: $83,129

Assets and Liabilities:

  • Total Assets: $64,517
  • Total Liabilities: $0
  • Net Assets: $64,517

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Organization Details

Principal Officer

Wes Barnes

Main Address

PO BOX 128, MADISON, CT, 06443

NTEE Category

Code: T31 - Philanthropy

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