Overview
What is Mylan Park Foundation Inc?
Mylan Park Foundation Inc, located in Morgantown, West Virginia, serves the students of Monongalia County Schools and the wider Morgantown community. The primary objective of this nonprofit organization is to promote and support recreational projects, aiming to provide both physical and mental enhancement opportunities for the community. This can include various recreational pursuits, self-discovery, and the fostering of social ethics and team-building skills. The foundation accomplishes this goal by soliciting, accepting, administering, and investing contributions for programs and projects. With a dedicated workforce of 49 individuals, Mylan Park Foundation Inc plays a significant role in enriching the community's recreational landscape and fostering personal growth.
Official website here: www.mylanpark.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star Rating
The Mylan Park Foundation Inc has achieved an 84% rating, which earns it a Three-Star designation, reflecting its solid performance in accountability and finance. The rating is primarily based on the organization's commitment to maintaining a majority independent board and strong financial oversight, demonstrating an effective governance structure with 100% independent members and no material diversion of assets.
However, while the foundation excels in several areas, there are some limitations. Notably, it lacks a whistleblower policy and a document retention and destruction policy, which are important for transparency and accountability. Additionally, the organization's tax form is not publicly posted on its website, which could impact accessibility for donors and stakeholders seeking to review financial documents.
Overall, Mylan Park Foundation Inc shows strong financial management and governance practices, but addressing the noted gaps in policy documentation could further enhance its accountability and transparency to the public.
This AI summary has been generated from information found on Charity Navigator.
Is Mylan Park Foundation Inc legitimate?
Mylan Park Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mylan Park Foundation 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: $151,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,271,310
For more financial information, click here
Official website here: www.mylanpark.com
What is the mission statement of Mylan Park Foundation Inc?
The Mylan Park Foundation Inc's primary purpose is to promote and support recreational projects for the community and the Monongalia County, West Virginia Board of Education. This is achieved by soliciting, accepting, administering, and investing contributions for programs and projects. These supplemental initiatives aim to offer physical and mental enhancement opportunities for the community as a whole, enabling recreational pursuits, self-discovery, and the development of social ethics and team-building skills.
Official website here: www.mylanpark.com
Who is the CEO of Mylan Park Foundation Inc?
Ron Justice is the Executive Di of Mylan Park Foundation Inc.
Official website here: www.mylanpark.com
What is the revenue of Mylan Park Foundation Inc?
Mylan Park Foundation Inc's revenue in 2022 was $4,882,702.
Official website here: www.mylanpark.com
Who are the executives of Mylan Park Foundation Inc and what are their salaries?
The average compensation at Mylan Park Foundation Inc during 2022 was $29,039. There are 49 employees at Mylan Park Foundation Inc.
Here are 32 key members and their salaries:
- Compensation: $81,600
- Related: $0
- Other: $0
- Compensation: $70,000
- 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
- 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
- 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.mylanpark.com
Where can I find the form 990 for Mylan Park Foundation Inc?
Mylan Park Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mylanpark.com
Learn more at the official website: www.mylanpark.com
Mission Statement of Mylan Park Foundation Inc
Mylan Park Foundation Inc is committed to promoting and supporting recreational projects for the community and the Monongalia County, West Virginia Board of Education. Through soliciting, accepting, administering, and investing contributions, the foundation aims to establish supplemental programs and projects. These initiatives provide both physical and mental enhancement opportunities for the community as a whole, enabling recreational pursuits, fostering self-knowledge, and cultivating social ethics and team-building skills. By implementing these projects, Mylan Park Foundation Inc seeks to contribute to the holistic development of the community, allowing individuals to engage in various recreational activities while also fostering social cohesion and personal growth.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Mylan Park Foundation Inc's impact is focused on promoting the development and support of recreational projects for the community and the Monongalia County, West Virginia Board of Education. By soliciting, accepting, administering, and investing contributions for programs and projects, the foundation facilitates physical and mental enhancement opportunities for the community as a whole. Through its operation, management, and maintenance of a multi-purpose recreational complex, Mylan Park Foundation serves the students of Monongalia County Schools and the communities of the Greater Morgantown area. This approach fosters self-knowledge, social ethics, and team-building skills while enabling recreational pursuits and community engagement.
This information is meant to be a general summary of Mylan Park Foundation 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: $821,631
- Program Service Revenue: $3,199,925
- Gross Receipts: $9,697,877
Assets and Liabilities:
- Total Assets: $66,601,846
- Total Liabilities: $36,776,487
- Net Assets: $29,825,359
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEASE REVENUE
Revenue
$2,650,275
RECREATIONAL COMPLEX REVENUE
Revenue
$497,950
ADVERTISING REVENUE
Revenue
$51,700
Organization Details
Founding Year
1999
Phone
(304) 983-2383Principal Officer
Ron Justice
Main Address
500 MYLAN PARK LANE, MORGANTOWN, WV, 26501
Website
www.mylanpark.comNTEE Category
Code: B112 - Education
If you are a representative of Mylan Park Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.