Overview
What is Mt Vernon Kofc Club Inc?
Mt Vernon Kofc Club Inc, based in Alexandria, Virginia, is a nonprofit organization primarily focused on operating Bingo games. The primary objective of these games is to support the upkeep of their premises and subsequently donate the surplus funds to various charitable causes. Furthermore, the club rents out their hall to individuals and charitable organizations for hosting religious and community events and celebrations. In line with their charitable mission, Mt Vernon Kofc Club Inc. is organized to contribute to socially beneficial purposes and makes distributions to other organizations. With a dedicated team of 19 employees, the club strives to contribute positively to their community.
Official website here: www.mvkofcclubinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Mt Vernon Kofc Club Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization scored 96% in this category, showcasing its sound financial practices and transparency. This high score is particularly significant as it suggests that the charity effectively uses its resources for its intended purposes.
The organization demonstrates notable strengths, including having an entirely independent board of directors and a solid program expense ratio of 77.70%. The absence of any material diversion of assets and the presence of comprehensive policies on conflict of interest, whistleblower protections, and document retention further underscore its commitment to ethical governance and operational integrity.
While the organization has excelled in its financial and accountability practices, ongoing efforts to maintain and enhance these standards will be crucial as it continues to operate in the charitable sector. Overall, Mt Vernon Kofc Club Inc appears to be responsibly managed, making it a trustworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Mt Vernon Kofc Club Inc legitimate?
Mt Vernon Kofc Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mt Vernon Kofc Club 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: $35,028
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,017
For more financial information, click here
Official website here: www.mvkofcclubinc.org
What is the mission statement of Mt Vernon Kofc Club Inc?
The Mount Vernon Columbus Club Inc, as outlined in its mission, is dedicated to serving charitable, religious, educational, and scientific purposes. This organization is established to make distributions to other organizations that share similar objectives. The primary activity of the Mount Vernon Columbus Club Inc involves operating Bingo games, with the net profits donated to charitable causes. Additionally, the club rents out its hall to individuals and charitable organizations for religious events and community celebrations.
Official website here: www.mvkofcclubinc.org
Who is the CEO of Mt Vernon Kofc Club Inc?
Michael Murphy is the Business Manager of Mt Vernon Kofc Club Inc.
Official website here: www.mvkofcclubinc.org
What is the revenue of Mt Vernon Kofc Club Inc?
Mt Vernon Kofc Club Inc's revenue in 2022 was $612,423.
Official website here: www.mvkofcclubinc.org
Who are the executives of Mt Vernon Kofc Club Inc and what are their salaries?
The average compensation at Mt Vernon Kofc Club Inc during 2022 was $2,687. There are 19 employees and 10 volunteers at Mt Vernon Kofc Club Inc.
Here are 13 key members and their salaries:
- Compensation: $32,924
- Related: $0
- Other: $0
- Compensation: $12,532
- Related: $0
- Other: $0
- Compensation: $7,088
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mvkofcclubinc.org
Where can I find the form 990 for Mt Vernon Kofc Club Inc?
Mt Vernon Kofc Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mvkofcclubinc.org
Learn more at the official website: www.mvkofcclubinc.org
Mission Statement of Mt Vernon Kofc Club Inc
The Mount Vernon Columbus Club Inc, as a nonprofit organization, is established with a multifaceted mission. Primarily, it is dedicated to serving charitable, religious, educational, and scientific purposes. In line with this mission, the club makes distributions to other organizations that align with these causes. Additionally, the Mount Vernon Columbus Club Inc operates Bingo games as a means to maintain its facility and generate funds. The net earnings from these games are then donated to various charitable organizations, further extending its reach and impact. Furthermore, the club rents out its hall to individuals and charitable organizations for religious and community events and celebrations, contributing to the broader community in various ways.
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Impact
July, 2024
The impact of Mt Vernon Kofc Club Inc, also known as The Mount Vernon Columbus Club, Inc, extends far and wide. Through its activities such as operating bingo games to raise funds for charitable causes, maintaining a community building, and supporting various organizations, this club plays a crucial role in supporting philanthropic endeavors. By donating net proceeds to charities and providing a space for religious and community events, the club significantly contributes to the betterment of the local community in Alexandria, VA. Its mission to serve charitable, religious, educational, and scientific purposes underscores its dedication to making a positive impact on society.
This information is meant to be a general summary of Mt Vernon Kofc Club 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $142
- Gross Receipts: $3,087,452
Assets and Liabilities:
- Total Assets: $1,137,696
- Total Liabilities: $26,268
- Net Assets: $1,111,428
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Organization Details
Founding Year
1970
Phone
(703) 360-1964Principal Officer
Michael Murphy
Main Address
8592 Richmond Highway, Alexandria, VA, 22309
Website
www.mvkofcclubinc.orgNTEE Category
Code: T90Z - Philanthropy
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