Overview
What is Credit Union Miracle Day Inc?
Credit Union Miracle Day Inc, based in Washington D.C., is a dedicated nonprofit organization that supports Children's Miracle Network (CMN) hospitals through annual races. Thousands of runners participate annually, with the majority being credit union members and business sponsors. The event's primary objective is to raise funds for local CMN-affiliated hospitals, after covering race, title, and minimal operating costs. The remaining funds are then redistributed back to these hospitals, ensuring that every dollar contributed directly benefits the children's healthcare services in the respective communities.
Official website here: www.miracleday.org
Is Credit Union Miracle Day Inc legitimate?
Credit Union Miracle Day Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Credit Union Miracle Day 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
Official website here: www.miracleday.org
What is the mission statement of Credit Union Miracle Day Inc?
Credit Union Miracle Day Inc's mission is centered around raising funds for Children's Miracle Network (CMN) hospitals. After covering race, title, sponsorship fees, and minimal operating costs, all generated funds are redistributed to the CMN-affiliated hospitals serving local communities. This means that every dollar contributed through the organization goes directly towards supporting children's hospitals in the donors' local areas. The organization organizes an annual race, which attracts over 16,000 runners sponsored by credit unions and businesses. The post-event proceeds, after deducting title sponsorship fees and minimal operational expenses, are then donated to the children's hospitals.
Official website here: www.miracleday.org
Who is the CEO of Credit Union Miracle Day Inc?
John Bratsakis is the Executive Di of Credit Union Miracle Day Inc.
Official website here: www.miracleday.org
What is the revenue of Credit Union Miracle Day Inc?
Credit Union Miracle Day Inc's revenue in 2022 was $370,937.
Official website here: www.miracleday.org
Who are the executives of Credit Union Miracle Day Inc and what are their salaries?
There 12 volunteers at Credit Union Miracle Day Inc.
Here are 8 key members and their salaries:
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- Related: $51,000
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Official website here: www.miracleday.org
Where can I find the form 990 for Credit Union Miracle Day Inc?
Credit Union Miracle Day Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.miracleday.org
Learn more at the official website: www.miracleday.org
Mission Statement of Credit Union Miracle Day Inc
Credit Union Miracle Day Inc, as a nonprofit organization, raises funds for Children's Miracle Network (CMN) hospitals. Their primary mission involves collecting funds, post the deduction of race, title, sponsorship fees, and minimal operating costs. A significant aspect of their mission is that every dollar generated is redistributed to the CMN affiliated hospitals serving local communities. The funds collected through their annual race event, which attracts over 16,000 runners sponsored by credit unions and businesses, are a significant source of their funding. Their involvement in this race is a testament to their commitment to supporting children's hospitals, ensuring that each donor's local community reaps the benefits.
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Impact
October, 2024
Credit Union Miracle Day Inc plays a significant role in supporting Children's Miracle Network Hospitals through fundraising initiatives linked to community participation. Every year, it organizes a major race that attracts over 16,000 runners, generating substantial financial support for children's hospitals. After covering necessary expenses like title sponsorship fees and minimal operational costs, all funds raised are directed back to CMN affiliated hospitals in the donors' local areas.
This model ensures that the money is reinvested into communities, providing essential resources for children's healthcare. By partnering with credit unions and business sponsors, the organization amplifies its reach and impact, fostering a collaborative spirit focused on philanthropy and community well-being. The initiative not only raises funds but also raises awareness about the needs of children's hospitals, making a lasting difference in the lives of patients and their families.
This information is meant to be a general summary of Credit Union Miracle Day 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: $350
- Gross Receipts: $370,937
Assets and Liabilities:
- Total Assets: $339,683
- Total Liabilities: $241,122
- Net Assets: $98,561
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Organization Details
Founding Year
2001
Phone
(703) 573-0970Principal Officer
John Bratsakis
Main Address
PO BOX 27637, WASHINGTON, DC, 20038
Website
www.miracleday.orgNTEE Category
Code: T21 - Philanthropy
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