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Termax Charities

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

EIN: 474109715 ✦ Lake zurich, IL ✦ Designated as a 501(c)(3)

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Overview

What is Termax Charities?

Termax Charities is a nonprofit organization situated in Lake Zurich, Illinois. Their primary mission is to gather and allocate funds for youth development. They achieve this by supporting organizations that offer adult mentoring, life skills training, and community reintegration programs for young adults. These organizations help young men and women build resilience and adapt to societal expectations. Termax Charities achieves their goals by organizing and hosting various fundraising events annually. The funds raised are then granted to eligible organizations, thereby extending their reach and impact.


Official website here: www.termax.com

Is Termax Charities legitimate?

Termax Charities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Termax Charities 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.termax.com

What is the mission statement of Termax Charities?

Termax Charities is committed to raising and distributing funds aimed at promoting youth development. The organization supports organizations that provide mentoring, life skills training, and community reintegration for young men and women. To achieve this, Termax Charities organizes and runs various fundraising events throughout the year. These funds are then granted to organizations that offer these vital services. In essence, Termax Charities plays a crucial role in empowering and equipping young individuals, preparing them for adult life and reintegrating them into their communities.


Official website here: www.termax.com

Who is the CEO of Termax Charities?

Unavailable


Official website here: www.termax.com

What is the revenue of Termax Charities?

Termax Charities's revenue in 2022 was $41,347.


Official website here: www.termax.com

Who are the executives of Termax Charities and what are their salaries?


Here are 5 key members and their salaries:


John Hoeksema (Treasurer & Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wes Gardocki (Director, Secretary & Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Boss (Director & Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Rediger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Smith (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.termax.com

Where can I find the form 990EZ for Termax Charities?

Termax Charities's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.termax.com

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

Mission Statement of Termax Charities

Termax Charities is an organization dedicated to raising and distributing funds, with a primary focus on youth development. Their mission involves supporting organizations that offer adult mentoring, life skills training, and community reintegration programs for young men and women. This nonprofit organization actively organizes and hosts various fundraising events throughout the year to provide grants to these service-providing organizations. By doing so, Termax Charities plays a significant role in empowering and aiding young individuals in their personal growth and reintegration into the community.

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Impact




August, 2024

Termax Charities positively impacts the youth by raising and distributing funds for youth development and supporting organizations that provide adult mentoring, life training skills, and community reintegration for young men and women. The organization's fundraising events throughout the year help provide grants to organizations offering these vital services. Through its work, Termax Charities plays a significant role in empowering and uplifting the next generation, contributing to the overall well-being and success of young individuals in the community.




This information is meant to be a general summary of Termax Charities. 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
$41,347 (2022)
Expenses
$94,000 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $87,007

Assets and Liabilities:

  • Total Assets: $58,954
  • Total Liabilities: $0
  • Net Assets: $58,954

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Organization Details

Main Address

1155 Rose Road, Lake Zurich, IL, 60047

NTEE Category

Code: O12 - Youth development

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