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Emerald Gems Foundation Inc

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

EIN: 474087767 ✦ Minnetonka, MN ✦ Designated as a 501(c)(3)

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Overview

What is Emerald Gems Foundation Inc?

Emerald Gems Foundation Inc is a charitable organization primarily known for its annual free U.S. Virgin Islands (USVI) Youth Basketball Camps. These events, typically held in August, are a significant part of their mission, providing a platform for youth engagement and skill development in basketball. However, the 2021 edition faced numerous challenges due to the pandemic. Despite these hurdles, the foundation continues to uphold its commitment to these camps as a cornerstone of its activities.


Official website here: www.emeraldgemsfoundation.com

Is Emerald Gems Foundation Inc legitimate?

Emerald Gems Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Emerald Gems 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.emeraldgemsfoundation.com

What is the mission statement of Emerald Gems Foundation Inc?

The Emerald Gems Foundation Inc's primary mission revolves around hosting free annual youth basketball camps. This initiative, known as the Emerald Gems Annual U.S.V.I. Youth Basketball Camps, is typically held in August. Due to the challenges posed by the pandemic, the foundation faced numerous obstacles in executing this annual event in 2021. However, despite the hurdles, the foundation remains committed to promoting youth development through basketball. The camps are designed to provide a fun and engaging environment for young participants, fostering teamwork, sportsmanship, and a love for the game. The foundation's mission goes beyond just the camps, but details about this aspect are not provided in the given information.


Official website here: www.emeraldgemsfoundation.com

Who is the CEO of Emerald Gems Foundation Inc?

Unavailable


Official website here: www.emeraldgemsfoundation.com

What is the revenue of Emerald Gems Foundation Inc?

Emerald Gems Foundation Inc's revenue in 2021 was $42,593.


Official website here: www.emeraldgemsfoundation.com

Who are the executives of Emerald Gems Foundation Inc and what are their salaries?


Here are 9 key members and their salaries:


Milton M Newton (Co-Founder, Executive Director, President & Camp Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shalaun Newton (Co-Founder, Vice President & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Tapscott (Secretary & Camp Coach)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Baker (Camp Coach)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Greenaway (Camp Coach)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Gayler (Camp Coach)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Newman-Beck (Camp Coach)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Flood (Website Administrator)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenny Matthias (Assisted With Camp And Shoe Distribution At Ivanna Eudora Kean Hs)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.emeraldgemsfoundation.com

Where can I find the form 990EZ for Emerald Gems Foundation Inc?

Emerald Gems Foundation Inc's most recent form 990EZ was submitted in 2021 and can be accessed here.


Official website here: www.emeraldgemsfoundation.com

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

Mission Statement of Emerald Gems Foundation Inc

Emerald Gems Foundation Inc, a nonprofit organization, is renowned for its annual U.S.V.I. Youth Basketball Camps. This cornerstone event, held traditionally in August, is offered completely free of charge. The mission of Emerald Gems Foundation Inc is centered around these basketball camps, aiming to provide a platform for youth development and community engagement. However, due to the challenges posed by the pandemic in 2021, the organization had to overcome numerous obstacles to ensure the continuation of these camps. Despite the difficulties, Emerald Gems Foundation Inc remained committed to its mission, demonstrating its dedication to the growth and wellbeing of the youth in its community.

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Impact




August, 2024

Emerald Gems Foundation Inc's impact can be seen through their annual free youth basketball camps held in the U.S. Virgin Islands. These camps provide an opportunity for young individuals to engage in sports, learn valuable skills, and foster a sense of community and teamwork. Despite facing challenges due to the pandemic, Emerald Gems continues to make a positive impact on the lives of youth through their recreational programs.




This information is meant to be a general summary of Emerald Gems 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
$42,593 (2021)
Expenses
$53,313 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $42,593

Assets and Liabilities:

  • Total Assets: $34,932
  • Total Liabilities: $0
  • Net Assets: $34,932

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Organization Details

Main Address

PO Box 1818, Minnetonka, MN, 55345

NTEE Category

Code: N62 - Recreation

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