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Valvoline Instant Oil Change Hands On Assistance Fund Inc

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

EIN: 475169550 ✦ Lexington, KY ✦ Designated as a 501(c)(3)

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Overview

What is Valvoline Instant Oil Change Hands On Assistance Fund Inc?

Valvoline Instant Oil Change Hands On Assistance Fund Inc, based in Lexington, Kentucky, is a nonprofit organization that aims to assist individuals experiencing financial difficulties. Through their employee assistance fund, known as the Hands on Assistance (HOA) Fund, they provide grants to eligible individuals in need. The HOA Fund serves as a support system, offering financial relief to those who require it. The organization's focus is on helping people navigate through tough financial situations.

Is Valvoline Instant Oil Change Hands On Assistance Fund Inc legitimate?

Valvoline Instant Oil Change Hands On Assistance Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valvoline Instant Oil Change Hands On Assistance Fund Inc submitted a form 990, 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 Valvoline Instant Oil Change Hands On Assistance Fund Inc?

The Valvoline Instant Oil Change Hands On Assistance Fund Inc serves as an employee assistance program, providing grants to individuals who are experiencing financial difficulties. The primary mission of this fund is to offer financial aid, aiming to alleviate the financial burden faced by those in need. The Hands On Assistance Fund has issued 81 grants to assist individuals in overcoming their financial hardships.

Who is the CEO of Valvoline Instant Oil Change Hands On Assistance Fund Inc?

Kyle Mcmahon is the President of Valvoline Instant Oil Change Hands On Assistance Fund Inc.

What is the revenue of Valvoline Instant Oil Change Hands On Assistance Fund Inc?

Valvoline Instant Oil Change Hands On Assistance Fund Inc's revenue in 2022 was $134,144.

Who are the executives of Valvoline Instant Oil Change Hands On Assistance Fund Inc and what are their salaries?

There 11 volunteers at Valvoline Instant Oil Change Hands On Assistance Fund Inc.


Here are 4 key members and their salaries:


Kyle Mcmahon (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam C Worsham (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Austina J Wilson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Bickett (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Valvoline Instant Oil Change Hands On Assistance Fund Inc?

Valvoline Instant Oil Change Hands On Assistance Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Valvoline Instant Oil Change Hands On Assistance Fund Inc

Valvoline Instant Oil Change Hands On Assistance Fund Inc, often referred to as the HOA Fund, serves as an employee assistance fund. Its primary mission is to extend financial aid to individuals who are currently dealing with financial hardships. By issuing grants, this nonprofit organization aims to provide a much-needed financial cushion, helping those in need to navigate through their difficult periods. The HOA Fund has demonstrated its commitment to this mission by granting 81 such aids to individuals in need, demonstrating its dedication to making a positive impact in people's lives.

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Impact




October, 2024

Valvoline Instant Oil Change Hands On Assistance Fund Inc has made a significant impact by providing essential financial support to employees confronting economic difficulties. Through its Hands on Assistance (HOA) Fund, the organization granted 81 individual grants to those in need, offering critical relief during challenging times. Located in Lexington, KY, the fund plays a vital role in fostering a supportive work environment by helping individuals overcome financial hardships, ultimately contributing to their overall well-being and job stability. By prioritizing employee assistance, the fund helps ensure that team members can focus on their work without the burden of financial stress.




This information is meant to be a general summary of Valvoline Instant Oil Change Hands On Assistance Fund 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
$134,144 (2022)
Expenses
$204,687 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $226
  • Gross Receipts: $134,144

Assets and Liabilities:

  • Total Assets: $115,317
  • Total Liabilities: $0
  • Net Assets: $115,317

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Organization Details

Founding Year

2015

Principal Officer

Kyle Mcmahon

Main Address

100 Valvoline Way, Lexington, KY, 405092714

NTEE Category

Code: J11 - Employment

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