Cosmopolitan Club Of Roanoke Foundation Incorporated

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

EIN: 546074183 ✦ Roanoke, VA ✦ Designated as a 501(c)(3)

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Overview

What is Cosmopolitan Club Of Roanoke Foundation Incorporated?

The Cosmopolitan Club of Roanoke Foundation Incorporated is a nonprofit organization that typically hosts an invitational track meet for middle, junior, and senior high school athletes in the local area. They offer two scholarships worth $3,500 each to a deserving girl and boy senior athlete. Unfortunately, due to the pandemic, they couldn't carry out the meet or provide the scholarships. As a compassionate response, they donated $6,000 and $1,000 respectively to a speech and hearing center and a diabetes research center to support their causes. Despite the interruption, the foundation remains committed to contributing to the community in various ways.

Is Cosmopolitan Club Of Roanoke Foundation Incorporated legitimate?

Cosmopolitan Club Of Roanoke Foundation Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cosmopolitan Club Of Roanoke Foundation Incorporated 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.

What is the mission statement of Cosmopolitan Club Of Roanoke Foundation Incorporated?

The Cosmopolitan Club of Roanoke Foundation Incorporated, as its mission, supports local middle, junior, and senior high school athletes by sponsoring and managing an invitational track meet. The organization also offers scholarships to a deserving boy and girl senior athlete. In normal circumstances, they provide scholarships worth $3,500 each. However, due to the pandemic, they were unable to hold the track meet or distribute the scholarships. As an alternative, they made charitable donations of $6,000 to a speech and hearing center and $1,000 to a diabetes research center. Although their primary focus is on athletics and scholarships, the foundation demonstrates its commitment to community welfare by supporting other causes in times of need.

Who is the CEO of Cosmopolitan Club Of Roanoke Foundation Incorporated?

Randy Lower is the President of Cosmopolitan Club Of Roanoke Foundation Incorporated.

What is the revenue of Cosmopolitan Club Of Roanoke Foundation Incorporated?

Cosmopolitan Club Of Roanoke Foundation Incorporated's revenue in 2022 was $47,475.

Who are the executives of Cosmopolitan Club Of Roanoke Foundation Incorporated and what are their salaries?


Here are 10 key members and their salaries:


Randy Lower (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Brenton Jr (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Keeley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Verna Hoapili-Jones (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russ Danstrom (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Prickett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Hayes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Foutz (Board Meeting)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Waskey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherwood Kasey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Cosmopolitan Club Of Roanoke Foundation Incorporated?

Cosmopolitan Club Of Roanoke Foundation Incorporated's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Cosmopolitan Club Of Roanoke Foundation Incorporated

The Cosmopolitan Club of Roanoke Foundation Incorporated is an organization that dedicates its efforts to sponsoring and managing an invitational track meet for middle, junior, and senior high school students in the local area. Their primary mission is to recognize and reward exceptional athletic talent, as they offer two scholarships worth $3,500 each to a deserving girl and boy senior athlete. However, due to the pandemic, they were unfortunately unable to carry out their annual track meet or grant these scholarships. In lieu of these activities, the foundation showed its support for the community by donating a substantial sum of $6,000 to a speech and hearing center and an additional $1,000 to a diabetes research center. This act of goodwill underscores the foundation's commitment to bettering the lives of others, even in challenging circumstances.

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Impact




October, 2024

The Cosmopolitan Club of Roanoke Foundation Incorporated significantly impacts the local community through its commitment to youth development and health initiatives. By sponsoring an invitational track meet for middle, junior, and senior high school athletes, the foundation fosters a spirit of competition and teamwork among local students, encouraging physical fitness and sportsmanship.

In addition to promoting athletic excellence, the foundation supports educational opportunities by awarding two $3,500 scholarships to outstanding senior athletes, helping them further their education. However, the challenges posed by the pandemic prompted a shift in focus, leading the foundation to respond to pressing community needs. They redirected their resources by donating $6,000 to a speech and hearing center and $1,000 to a diabetes research center, demonstrating their flexibility and commitment to addressing the health and well-being of the Roanoke community. Overall, their initiatives not only uplift young athletes but also contribute positively to broader public health efforts.




This information is meant to be a general summary of Cosmopolitan Club Of Roanoke Foundation Incorporated. 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
$47,475 (2022)
Expenses
$43,952 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3
  • Gross Receipts: $47,475

Assets and Liabilities:

  • Total Assets: $12,159
  • Total Liabilities: $0
  • Net Assets: $12,159

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Organization Details

Principal Officer

Randy Lower

Main Address

3104 WEST RIDGE RD SW, ROANOKE, VA, 24014

NTEE Category

Code: N40 - Recreation

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