Panama Canal Society Inc

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

EIN: 596138491 ✦ Odessa, FL ✦ Designated as a 501(c)(4)

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Overview

What is Panama Canal Society Inc?

Panama Canal Society Inc, headquartered in Odessa, Florida, is a small-scale nonprofit organization with a dedicated workforce of just two individuals. The primary focus of this organization is the education of its members, with an emphasis on fostering relationships that were established in the Panama Canal Zone. The Society's mission is to promote and strengthen these connections, contributing to a sense of community among its members. The organization's activities and mission remain centered around this core objective, with the primary goal of nurturing and maintaining relationships from the Panama Canal Zone.


Official website here: www.pancanalsociety.org

Is Panama Canal Society Inc legitimate?

Panama Canal Society Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Panama Canal Society 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $30,887

For more financial information, click here


Official website here: www.pancanalsociety.org

What is the mission statement of Panama Canal Society Inc?

The Panama Canal Society Inc's mission is focused on fostering relationships within the Panama Canal Zone. They aim to achieve this by educating their members about the society and its significance. The organization's main objective is to promote camaraderie and shared understanding among its members, thereby strengthening the bond within the Panama Canal community. Their activities primarily revolve around providing knowledge and resources related to the Panama Canal, thereby enriching their members' experience.


Official website here: www.pancanalsociety.org

Who is the CEO of Panama Canal Society Inc?

William Mclaughlin is the President of Panama Canal Society Inc.


Official website here: www.pancanalsociety.org

What is the revenue of Panama Canal Society Inc?

Panama Canal Society Inc's revenue in 2022 was $181,628.


Official website here: www.pancanalsociety.org

Who are the executives of Panama Canal Society Inc and what are their salaries?

The average compensation at Panama Canal Society Inc during 2022 was $15,444. There are 2 employees at Panama Canal Society Inc.


Here are 9 key members and their salaries:


William Mclaughlin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Orvis (1St Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Penny Canamas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Alderman (Past Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine Lewis (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Kosik (2Nd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alejandro Hoyte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Mclaughlin (Director-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pancanalsociety.org

Where can I find the form 990 for Panama Canal Society Inc?

Panama Canal Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pancanalsociety.org

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

Mission Statement of Panama Canal Society Inc

The Panama Canal Society Inc, as a nonprofit organization, is dedicated to fostering connections that originate from the Panama Canal Zone. At its core, its mission is geared towards promoting these relationships. To achieve this, the society focuses on educating its members about the Panama Canal Society. By doing so, it fosters a sense of camaraderie and shared knowledge among its members, ultimately strengthening the relationships formed within the Panama Canal Zone community.

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Impact




October, 2024

Panama Canal Society Inc plays a significant role in fostering community and preserving the history of the Panama Canal Zone. It facilitates connections among individuals who share a common background or have been impacted by experiences in the Canal Zone. Through various educational initiatives, the organization informs its members about the unique heritage and culture associated with the Panama Canal, thereby strengthening bonds and promoting a sense of belonging.

The society also serves as a recreational hub, offering opportunities for social interaction and camaraderie among members in Odessa, FL, and beyond. By organizing events, gatherings, and programs centered on their shared past, Panama Canal Society Inc helps ensure that the legacy of the Canal Zone endures for future generations. Overall, its impact is seen in the vibrant relationships it nurtures and the ongoing education it provides for those interested in the rich history of the Panama Canal.




This information is meant to be a general summary of Panama Canal Society 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.

Revenue
$181,628 (2022)
Expenses
$223,658 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $85
  • Program Service Revenue: $180,336
  • Gross Receipts: $181,628

Assets and Liabilities:

  • Total Assets: $324,533
  • Total Liabilities: $117,113
  • Net Assets: $207,420

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Organization Details

Founding Year

1966

Principal Officer

William Mclaughlin

Main Address

15131 Ogden Loop, Odessa, FL, 335564633

NTEE Category

Code: N03 - Recreation

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