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The Great Mates Inc

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

EIN: 462471938 ✦ Palmetto, FL ✦ Designated as a 501(c)(3)

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Overview

What is The Great Mates Inc?

The Great Mates Inc, a 501(c)3 organization situated in Palmetto, Florida, is dedicated to making a positive impact on its community. Their mission is multifaceted, encompassing the betterment of their members, the yachting community, and the community at large. They achieve this by supporting various charitable organizations and offering scholarships to deserving high school graduates from Manatee County and employees of the Bradenton Yacht Club pursuing higher education. Further, they extend their support to Children's Guardian Fund, an organization that aids children in foster care. By engaging in these initiatives, The Great Mates Inc strives to contribute positively to the lives of individuals in its vicinity.

Is The Great Mates Inc legitimate?

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


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 Great Mates Inc?

The Great Mates Inc, as a 501(c)3 organization, is committed to enriching lives. Its mission extends to the members of the yachting community and the broader community at large. The organization supports various charitable initiatives and awards scholarships to high school graduates and employees of a specific yacht club, who are pursuing higher education. Furthermore, The Great Mates Inc contributes financially to the Children's Guardian Fund, an organization that aids children in the foster care system. The organization's location is not specified in the provided information.

What is the revenue of The Great Mates Inc?

The Great Mates Inc's revenue in 2024 was $72,778.

Who are the executives of The Great Mates Inc and what are their salaries?

Here are 2 key members and their salaries:


Linda Gressin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jann Knighton (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for The Great Mates Inc?

The Great Mates Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.

Mission Statement of The Great Mates Inc

The Great Mates Inc, a 501(c)3 organization, is committed to enhancing the lives of its members, the yachting community, and the broader community. Its mission is multifaceted. Primarily, The Great Mates Inc supports various charitable organizations. Beyond this, the organization extends its generosity by awarding scholarships to high school graduates hailing from Manatee County and employees of the Bradenton Yacht Club who are pursuing higher education.

In addition to its charitable and educational endeavors, The Great Mates Inc also contributes financially to the Children's Guardian Fund. This organization is instrumental in assisting children in the foster care system, providing them with the necessary support during a challenging period of their lives. By engaging in these activities, The Great Mates Inc not only enriches its own community but also extends its reach to those in need, demonstrating its commitment to giving back.

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Impact




October, 2024

The Great Mates Inc. significantly enhances the lives of individuals in the yachting community and the surrounding areas by providing vital support and resources. They award scholarships to high school graduates in Manatee County, empowering students to pursue higher education and realize their academic goals. Their commitment extends to the employees of the Bradenton Yacht Club, ensuring that those within the local yachting community also have access to educational opportunities.

In addition to educational support, The Great Mates Inc. plays a crucial role in assisting vulnerable populations by financially supporting the Children's Guardian Fund, which aids children in the foster care system. This dual focus on education and community welfare allows The Great Mates Inc. to foster positive change and uplift both individuals and families in need, making a lasting impact in Palmetto, FL, and beyond.




This information is meant to be a general summary of The Great Mates 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
$72,778 (2024)
Expenses
$74,539 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $633
  • Gross Receipts: $82,494

Assets and Liabilities:

  • Total Assets: $24,144
  • Total Liabilities: $0
  • Net Assets: $24,144

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Organization Details

Principal Officer

Linda Gressin

NTEE Category

Code: B99 - Education

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