Maryland Chess Association Inc

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

EIN: 521035369 ✦ Towson, MD ✦ Designated as a 501(c)(3)

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Overview

What is Maryland Chess Association Inc?

The Maryland Chess Association Inc is a nonprofit organization that actively encourages and cultivates chess as an educational and cultural pursuit. They accomplish this by organizing scholastic tournaments, offering financial aid to the top-performing participants to attend national championships, and hosting events like a 16-player local tournament, awarding the victor with a university scholarship. Furthermore, the association has orchestrated the Washington International Chess Festival, attracting 160 participants from worldwide, providing a platform for US players to obtain international titles and Maryland players to engage with global competitors.


Official website here: www.mdchess.com

Is Maryland Chess Association Inc legitimate?

Maryland Chess Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maryland Chess Association 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.


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


Official website here: www.mdchess.com

What is the mission statement of Maryland Chess Association Inc?

The Maryland Chess Association, in its mission, advocates for chess as a valuable educational and cultural activity. They achieve this by organizing various initiatives, such as scholastic tournaments, offering stipends to top winners for national championship participation. Additionally, they host events like a 16-player tournament and award scholarships to the victor. Furthermore, the association has orchestrated events like the Washington International Chess Festival, inviting over 160 participants globally, which enables US players to earn international titles and exposes Maryland players to international competition.


Official website here: www.mdchess.com

What is the revenue of Maryland Chess Association Inc?

Maryland Chess Association Inc's revenue in 2023 was $139,929.


Official website here: www.mdchess.com

Who are the executives of Maryland Chess Association Inc and what are their salaries?

Here are 4 key members and their salaries:


Chris Kim (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John D Rockefeller V (Vp For Scholastic Chess)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Regan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Layer (Secretary)
  • Compensation: $2,000
  • Related: $0
  • Other: $0


Official website here: www.mdchess.com

Where can I find the form 990EZ for Maryland Chess Association Inc?

Maryland Chess Association Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.mdchess.com

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

Mission Statement of Maryland Chess Association Inc

The Maryland Chess Association, a nonprofit organization, is dedicated to promoting chess as a valuable educational and cultural activity. Through various initiatives, it strives to achieve this mission. The association has organized scholastic tournaments, offering stipends to the top performers to participate in national championships. This not only encourages local talent but also provides them with an opportunity to compete on a global stage. Furthermore, the Maryland Chess Association hosted a 16-player tournament within Maryland, awarding the victor with a scholarship to attend a prestigious university.

Beyond organizing tournaments, the Maryland Chess Association also hosted the Washington International Chess Festival, inviting over 160 participants from around the world. This event provided an excellent platform for US players to earn international titles and exposed Maryland players to global competitors. The festival served as a testament to the association's commitment to fostering a strong chess community and promoting the game on a larger scale.

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Impact




October, 2024

The Maryland Chess Association Inc significantly enhances the educational and cultural landscape of Maryland through a variety of chess-related initiatives. By organizing scholastic tournaments, the association provides young players with valuable opportunities to compete at higher levels, while offering stipends to top performers to attend national championships.

Their commitment to fostering talent extends to hosting exclusive events, such as a 16-player tournament where the winner was awarded a scholarship to university, further incentivizing academic and competitive excellence. The association also played a vital role in the Washington International Chess Festival, drawing 160 participants from around the globe, thereby facilitating a platform for local players to compete against international talent.

These initiatives not only help players earn prestigious titles but also contribute to a vibrant chess community in Maryland, promoting recreational engagement and cultural exchange. Through their continuous efforts, the Maryland Chess Association Inc is instrumental in elevating the profile of chess as a vital educational tool and a means of personal growth within the community.




This information is meant to be a general summary of Maryland Chess Association 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
$139,929 (2023)
Expenses
$151,365 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $139,929
  • Gross Receipts: $139,929

Assets and Liabilities:

  • Total Assets: $39,038
  • Total Liabilities: $0
  • Net Assets: $39,038

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Organization Details

Principal Officer

Chris Kim

NTEE Category

Code: N03 - Recreation

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