Piedmont Council Inc Bsa Endowment

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

EIN: 566217308 ✦ Gastonia, NC ✦ Designated as a 501(c)(3)

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Overview

What is Piedmont Council Inc Bsa Endowment?

Piedmont Council Inc Bsa Endowment is a nonprofit organization situated in Gastonia, North Carolina. Their primary focus is managing an endowment fund to optimize investment returns, acting as responsible stewards of the funds they oversee. This mission is geared towards preserving and growing the endowment for future use.


Official website here: www.piedmontcouncilbsa.org

Is Piedmont Council Inc Bsa Endowment legitimate?

Piedmont Council Inc Bsa Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Piedmont Council Inc Bsa Endowment 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.piedmontcouncilbsa.org

What is the mission statement of Piedmont Council Inc Bsa Endowment?

The mission of Piedmont Council Inc BSA Endowment is centered around the responsible management of its endowment fund. They strive to act as prudent stewards, ensuring a suitable return on investments. The primary goal of this organization is to preserve the endowment fund's integrity and longevity, ensuring it can continue to support its intended purposes indefinitely.


Official website here: www.piedmontcouncilbsa.org

Who is the CEO of Piedmont Council Inc Bsa Endowment?

Jessie C Bowes Jr is the Executive Director of Piedmont Council Inc Bsa Endowment.


Official website here: www.piedmontcouncilbsa.org

What is the revenue of Piedmont Council Inc Bsa Endowment?

Piedmont Council Inc Bsa Endowment's revenue in 2022 was -$248,870.


Official website here: www.piedmontcouncilbsa.org

Who are the executives of Piedmont Council Inc Bsa Endowment and what are their salaries?


Here are 2 key members and their salaries:


Jessie C Bowes Jr (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Wallace (Endowment)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.piedmontcouncilbsa.org

Where can I find the form 990 for Piedmont Council Inc Bsa Endowment?

Piedmont Council Inc Bsa Endowment's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.piedmontcouncilbsa.org

Learn more at the official website: www.piedmontcouncilbsa.org

Mission Statement of Piedmont Council Inc Bsa Endowment

Piedmont Council Inc BSA Endowment's mission is centered around the responsible management of its endowment fund. This nonprofit organization strives to be prudent stewards of the funds entrusted to them, ensuring a proper return on investments. By maintaining the endowment fund effectively, Piedmont Council Inc BSA Endowment contributes to the long-term sustainability of its operations and the causes it supports. The organization's commitment to financial responsibility and investment wisdom is a testament to its dedication to fulfilling its mission in a sustainable and responsible manner.

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Impact




October, 2024

Piedmont Council Inc Bsa Endowment plays a crucial role in supporting youth development by managing its endowment fund with a focus on wise stewardship. By ensuring a proper return on investments, the endowment helps sustain programs and initiatives that benefit young people in the Gastonia, NC area. This financial stability enables the continuation and growth of activities that foster leadership, friendship, and personal growth among the youth, thereby creating lasting positive impacts in the community. Through its careful management of resources, the endowment ensures that the opportunities provided to young people remain accessible and beneficial for years to come.




This information is meant to be a general summary of Piedmont Council Inc Bsa Endowment. 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
-$248,870 (2022)
Expenses
$60,478 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,130
  • Gross Receipts: $954,362

Assets and Liabilities:

  • Total Assets: $6,048,269
  • Total Liabilities: $2,822,074
  • Net Assets: $3,226,195

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Organization Details

Founding Year

1923

Principal Officer

Jessie C Bowes Jr

Main Address

P O Box 1059, Gastonia, NC, 28053

NTEE Category

Code: O40 - Youth development

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