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Chester County Balloon Festival

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

EIN: 461781843 ✦ Chester springs, PA ✦ Designated as a 501(c)(4)

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Overview

What is Chester County Balloon Festival?

The Chester County Balloon Festival is a charitable event that blends hot air ballooning with a lively festival atmosphere. Its primary goal is to generate funds, which are then donated to local charitable organizations. This annual event involves significant expenses in its preparation and execution, although it did not take place in 2022. This unique event combines the thrill of hot air ballooning with community engagement, contributing positively to the local community.


Official website here: www.ccballoonfest.com

Is Chester County Balloon Festival legitimate?

Chester County Balloon Festival is a legitimate nonprofit organization registered as a 501(c)(4) entity. Chester County Balloon Festival 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.ccballoonfest.com

What is the mission statement of Chester County Balloon Festival?

The Chester County Balloon Festival's mission is centered around organizing hot air balloon events and creating a festival-like atmosphere primarily to raise funds for local charitable causes. The event aims to pool resources and suspend its operations temporarily in certain years, such as 2022. The primary objective remains to contribute to the well-being of the local community through these charitable donations.


Official website here: www.ccballoonfest.com

Who is the CEO of Chester County Balloon Festival?

Fredrick Schimpf is the President of Chester County Balloon Festival.


Official website here: www.ccballoonfest.com

What is the revenue of Chester County Balloon Festival?

Chester County Balloon Festival's revenue in 2022 was $0.


Official website here: www.ccballoonfest.com

Who are the executives of Chester County Balloon Festival and what are their salaries?


Here are 4 key members and their salaries:


Fredrick Schimpf (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lois Tierney (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Judge (Operations Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Cazillo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ccballoonfest.com

Where can I find the form 990EZ for Chester County Balloon Festival?

Chester County Balloon Festival's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.ccballoonfest.com

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

Mission Statement of Chester County Balloon Festival

The Chester County Balloon Festival, a nonprofit organization, aims to bring together the thrill of hot air ballooning and the excitement of a festival to generate funds for local charities. This event, although it did not take place in 2022, typically serves as a platform for raising funds by blending the captivating spectacle of hot air balloons with the lively atmosphere of a festival. The primary objective of the Chester County Balloon Festival is to channel these funds towards supporting various local charities, thereby contributing to the wellbeing of the community.

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Impact




October, 2024

The Chester County Balloon Festival significantly impacts the local community by fostering a vibrant festival atmosphere centered around hot air ballooning. This unique event not only draws visitors from near and far, but also creates an opportunity for local charities to benefit from the funds raised during the festival. Although the festival did not take place in 2022, its history of supporting community improvement initiatives underscores its relevance to the area. The festival promotes community engagement, enhances local tourism, and generates economic activity, thereby enriching the cultural fabric of Chester Springs, PA. Through its focus on charitable giving, the festival strengthens community ties and promotes a spirit of generosity among attendees and participants alike.




This information is meant to be a general summary of Chester County Balloon 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 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

    Assets and Liabilities:

    • Total Assets: $26,746
    • Total Liabilities: $0
    • Net Assets: $26,746

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    Organization Details

    Principal Officer

    Fredrick Schimpf

    Main Address

    152 Byers Rd, Chester Springs, PA, 19425

    NTEE Category

    Code: S20 - Community improvement

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