Overview
What is Norfolk Naval Base&City Of Norfolk Rec & Welfare Perpetual Fund Inc?
Norfolk Naval Base & City of Norfolk Rec & Welfare Perpetual Fund Inc is a tax-exempt organization, recognized by the US District Court for the Eastern District. Established with initial funding from Coca-Cola Enterprises, Inc., its mission is to enrich the lives of deserving US Navy members in Norfolk, Virginia, by offering superior entertainment, dining, and recreational experiences. The organization's purpose is to provide meaningful and enjoyable leisure activities for these servicemen and women, allowing them to unwind and enjoy their downtime in the city. Recipients of these award packages are chosen by their respective military commands, offering them a range of top-tier entertainment, dining, and recreational options in Norfolk.
Is Norfolk Naval Base&City Of Norfolk Rec & Welfare Perpetual Fund Inc legitimate?
Norfolk Naval Base&City Of Norfolk Rec & Welfare Perpetual Fund Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Norfolk Naval Base&City Of Norfolk Rec & Welfare Perpetual 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:
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What is the mission statement of Norfolk Naval Base&City Of Norfolk Rec & Welfare Perpetual Fund Inc?
The Norfolk Naval Base & City of Norfolk Rec & Welfare Perpetual Fund Inc., as a tax-exempt organization, is established to provide enjoyable entertainment, dining, and recreational experiences for the deserving members of the United States Navy. The fund's primary objective is to enhance the leisure time of these individuals, offering them a break from their daily duties. This non-profit organization aims to contribute positively to the well-being of the Navy personnel, offering them a chance to relax and socialize.
What is the revenue of Norfolk Naval Base&City Of Norfolk Rec & Welfare Perpetual Fund Inc?
Norfolk Naval Base&City Of Norfolk Rec & Welfare Perpetual Fund Inc's revenue in 2023 was $19,551.
Who are the executives of Norfolk Naval Base&City Of Norfolk Rec & Welfare Perpetual Fund Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Norfolk Naval Base&City Of Norfolk Rec & Welfare Perpetual Fund Inc?
Norfolk Naval Base&City Of Norfolk Rec & Welfare Perpetual Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Norfolk Naval Base&City Of Norfolk Rec & Welfare Perpetual Fund Inc
Norfolk Naval Base & City of Norfolk Rec & Welfare Perpetual Fund Inc, as a tax-exempt organization, is committed to providing enriching entertainment, dining, and recreational experiences for the deserving members of the United States Navy in Norfolk, Virginia. The foundation's mission, as per an order from the US District Court for the Eastern District, is to cater to the leisure and recreational needs of these navy personnel, offering them meaningful experiences that contribute to their overall well-being. This nonprofit organization aims to enhance the quality of life for these service members by providing them with opportunities to unwind and engage in enjoyable activities, thereby fostering a sense of camaraderie and morale within the naval community.
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Impact
October, 2024
Norfolk Naval Base & City of Norfolk Recreation & Welfare Perpetual Fund Inc significantly enhances the quality of life for deserving members of the U.S. Navy stationed in Norfolk, Virginia. By offering meaningful entertainment, dining, and recreational experiences, the fund plays a crucial role in promoting morale and well-being among military personnel and their families.
The fund allows recipients, selected by their respective military commands, to choose from a wide variety of award packages that feature some of the best local options. This initiative not only provides leisure opportunities but also fosters a sense of community and support among service members. Furthermore, by partnering with local businesses, the fund stimulates the local economy, making it a valuable asset to both the military community and the Norfolk region. Overall, the fund acts as a bridge to enriching experiences that help service members unwind and enjoy their time away from duty.
This information is meant to be a general summary of Norfolk Naval Base&City Of Norfolk Rec & Welfare Perpetual 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $21,413
- Gross Receipts: $24,057
Assets and Liabilities:
- Total Assets: $965,128
- Total Liabilities: $1,552
- Net Assets: $963,576
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Organization Details
Founding Year
1991
Principal Officer
Karen Franklin
NTEE Category
Code: Z99 - Unknown
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