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Bco Benevolence Fund

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

EIN: 562501835 ✦ Jacksonville, FL ✦ Designated as a 501(c)(3)

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Overview

What is Bco Benevolence Fund?

The Bco Benevolence Fund is a nonprofit organization, specifically established to offer emergency financial aid during times of hardship to Business Capacity Owners (BCOs) who are contracted with Landstar System, Inc. and its affiliates, as well as to their immediate family members. This charity's mission is to provide vital assistance during challenging circumstances, ensuring support for those who contribute to Landstar's operations.

Is Bco Benevolence Fund legitimate?

Bco Benevolence Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bco Benevolence Fund 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 Bco Benevolence Fund?

The Bco Benevolence Fund, established with a specific purpose, aims to offer emergency hardship aid to Business Capacity Owners (BCOs) who are contracted with Landstar System, Inc. and its subsidiaries, as well as their immediate family members. The fund's mission is centered around providing essential assistance during challenging times, thereby offering support during periods of financial distress. The Bco Benevolence Fund serves as a safety net for those BCOs, helping them navigate through tough situations and maintain their financial stability.

Who is the CEO of Bco Benevolence Fund?

James P Todd is the Vice President of Bco Benevolence Fund.

What is the revenue of Bco Benevolence Fund?

Bco Benevolence Fund's revenue in 2022 was $119,062.

Who are the executives of Bco Benevolence Fund and what are their salaries?


Here are 7 key members and their salaries:


Gregg R Nelson (President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael K Kneller (Vice President/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rocco A Davanzo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie L Kortus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James P Todd (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph R Nichols (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick J Murphy (Vp/Treasurer (Thru 3/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Bco Benevolence Fund?

Bco Benevolence Fund's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Bco Benevolence Fund

The Bco Benevolence Fund, established with a noble purpose, aims to offer emergency hardship aid to Business Capacity Owners (BCOs) who are under contract with Landstar System, Inc. and its subsidiaries, as well as their immediate family members. This nonprofit organization is committed to providing essential assistance during times of financial crisis.

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Impact




October, 2024

The Bco Benevolence Fund has a significant impact by providing emergency hardship assistance to business capacity owners (BCOs) associated with Landstar System, Inc. and their immediate families. This support ensures that individuals facing financial challenges due to unforeseen circumstances can receive vital aid, allowing them to navigate tough times without losing their capacity to operate effectively. By focusing on this specific group, the fund fosters a strong sense of community and resilience among BCOs, enabling them to maintain their livelihoods and support their families during emergencies. This targeted assistance helps sustain the economic stability of those involved while promoting a culture of philanthropy within the broader business network.




This information is meant to be a general summary of Bco Benevolence Fund. 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
$119,062 (2022)
Expenses
$50,419 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,250
  • Gross Receipts: $119,062

Assets and Liabilities:

  • Total Assets: $179,811
  • Total Liabilities: $0
  • Net Assets: $179,811

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Organization Details

Principal Officer

James P Todd

Main Address

C/O CORP TAX DEPT PO BOX 19135, JACKSONVILLE, FL, 322459135

NTEE Category

Code: T21 - Philanthropy

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