Royal Palms Employee Fund

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

EIN: 473235814 ✦ Largo, FL ✦ Designated as a 501(c)(4)

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Overview

What is Royal Palms Employee Fund?

The Royal Palms Employee Fund is a charitable organization, primarily focused on supporting the employees of Royal Palms through resident contributions. Their primary mission involves soliciting contributions to provide various gifts to a significant number of employees, specifically 64 individuals, as mentioned in the data. The organization also manages its operations efficiently, with an administrative expense of $73. This fund serves as a token of appreciation and recognition for the hard work and dedication of the employees at Royal Palms.

Is Royal Palms Employee Fund legitimate?

Royal Palms Employee Fund is a legitimate nonprofit organization registered as a 501(c)(4) entity. Royal Palms Employee Fund 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.

What is the mission statement of Royal Palms Employee Fund?

The Royal Palms Employee Fund's mission is centered around showing appreciation to its employees. This is achieved by soliciting contributions from the fund's residents. The primary objective of the fund is to distribute gifts to these employees. The organization managed to provide gifts to 64 employees, with an administrative expense of $73. The Royal Palms Employee Appreciation Fund is specifically designed to enhance the morale of its workers by recognizing their contributions through thoughtful gifts.

Who is the CEO of Royal Palms Employee Fund?

Ann Myers is the President of Royal Palms Employee Fund.

What is the revenue of Royal Palms Employee Fund?

Royal Palms Employee Fund's revenue in 2022 was $85,831.

Who are the executives of Royal Palms Employee Fund and what are their salaries?


Here are 7 key members and their salaries:


Ann Myers (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Riddler (Vice President / Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Brennen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley Panek (Chair - Food)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlene Long (Chair - Sunshine)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alison North (Chair - Welcome)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Peller (Chair - Safety)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Royal Palms Employee Fund?

Royal Palms Employee Fund's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Royal Palms Employee Fund

The Royal Palms Employee Fund is a mission-driven organization dedicated to showing appreciation towards its employees. Its primary goal is to provide gifts to the employees of Royal Palms, facilitated by soliciting contributions from the residents. The fund is not just about financial aid but also about fostering a sense of camaraderie and recognition among the employees. In addition to its primary mission, the Royal Palms Employee Fund also incurs administrative expenses, as indicated by the $73 mentioned in the information. These expenses are likely related to the coordination and execution of the gift-giving program. Overall, the Royal Palms Employee Fund serves as a testament to the organization's commitment to its employees, recognizing their contributions and promoting a positive work environment.

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Impact




October, 2024

The Royal Palms Employee Fund significantly enhances the work environment for employees by providing meaningful recognition through gifts. By soliciting contributions from residents, the fund successfully distributed gifts to 64 employees, fostering a sense of appreciation and belonging within the community. With minimal administrative expenses, the majority of the contributions directly support the employees, showcasing a strong commitment to valuing their hard work and dedication. This initiative not only boosts employee morale but also strengthens the overall community spirit at Royal Palms.




This information is meant to be a general summary of Royal Palms Employee Fund. 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
$85,831 (2022)
Expenses
$89,211 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $85,831
  • Gross Receipts: $85,831

Assets and Liabilities:

  • Total Assets: $11,412
  • Total Liabilities: $0
  • Net Assets: $11,412

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Organization Details

Principal Officer

Ann Myers

Main Address

200 Lake Ave NE, Largo, FL, 337711657

NTEE Category

Code: L00 - Housing

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