Overview
What is Columbus Club Of New Bern Inc?
Columbus Club of New Bern Inc is a nonprofit organization situated in New Bern, North Carolina. Their primary objective is to maintain ownership of property and distribute the income generated from it to another charitable entity. Their primary exempt purpose is to manage property, collect income, and subsequently transfer the net income, following deduction of expenses, to another tax-exempt organization. The organization's mission is firmly rooted in New Bern, NC.
Is Columbus Club Of New Bern Inc legitimate?
Columbus Club Of New Bern Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Columbus Club Of New Bern Inc 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.
Heare are some key statistics you may want to consider:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Columbus Club Of New Bern Inc?
The Columbus Club of New Bern's primary mission is centered around holding property title and generating income from it. This income, after deducting expenses, is then transferred in entirety to a charitable organization. The club's primary objective, therefore, serves to support exempt organizations by providing them with financial resources.
What is the revenue of Columbus Club Of New Bern Inc?
Columbus Club Of New Bern Inc's revenue in 2024 was $79,372.
Who are the executives of Columbus Club Of New Bern Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990EZ for Columbus Club Of New Bern Inc?
Columbus Club Of New Bern Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.
Mission Statement of Columbus Club Of New Bern Inc
Columbus Club of New Bern is dedicated to serving a higher purpose by holding title to property and generating income from it. This nonprofit organization's primary objective is to channel the entire income, after deducting expenses, to another exempt organization. By carrying out this mission, Columbus Club of New Bern contributes to the broader charitable sector, ensuring that resources are effectively utilized for the betterment of the community. The specifics of the exempt organization benefiting from Columbus Club of New Bern's activities are not provided in the information, but the mission statement highlights the organization's commitment to supporting the charitable sector as a whole.
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Impact
October, 2024
Columbus Club of New Bern Inc plays a significant role in the community by managing properties and generating income that supports local organizations. By holding title to property and ensuring that the income produced is directed to exempt organizations, it helps foster community improvement initiatives. This financial backing allows these organizations to focus on their missions, whether that's providing services, hosting events, or supporting those in need. The club's focused efforts not only sustain its own operational structure but also enhance the overall well-being of the New Bern community through its contributions to various exempt causes.
This information is meant to be a general summary of Columbus Club Of New Bern 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 2024.
- Investment Income: $39,772
- Program Service Revenue: $840
- Gross Receipts: $79,372
Assets and Liabilities:
- Total Assets: $263,747
- Total Liabilities: $2,850
- Net Assets: $260,897
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Organization Details
Principal Officer
Donald Hanson
NTEE Category
Code: S47 - Community improvement
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