Home Corporation Bishop Ackerman Holy Donuts Inc

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

EIN: 610989004 ✦ Burlington, KY ✦ Designated as a 501(c)(8)

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Overview

What is Home Corporation Bishop Ackerman Holy Donuts Inc?

Home Corporation Bishop Ackerman Holy Donuts Inc, affiliated with the Knights of Columbus 5453 Boone County, is a nonprofit organization dedicated to fostering education and charitable initiatives. They offer one new and three renewable high school academic scholarships to deserving students, considering their financial needs, academic performance, and community involvement. Besides scholarships, they extend their generosity to church and community groups by providing funds for charitable purposes. The organization's mission is centered around supporting local communities and promoting educational opportunities for young individuals.

Is Home Corporation Bishop Ackerman Holy Donuts Inc legitimate?

Home Corporation Bishop Ackerman Holy Donuts Inc is a legitimate nonprofit organization registered as a 501(c)(8) entity. Home Corporation Bishop Ackerman Holy Donuts 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Home Corporation Bishop Ackerman Holy Donuts Inc?

Home Corporation Bishop Ackerman Holy Donuts Inc, through its affiliated Knights of Columbus 5453 Boone County, fulfills its mission by focusing on education and charitable projects. The organization awards high school academic scholarships to deserving students based on their financial needs, academic performance, and community involvement. Additionally, funds are granted to various church and community organizations for charitable purposes. The scholarships and charitable contributions are meant to support the educational and social well-being of individuals within their community.

What is the revenue of Home Corporation Bishop Ackerman Holy Donuts Inc?

Home Corporation Bishop Ackerman Holy Donuts Inc's revenue in 2023 was $98,938.

Who are the executives of Home Corporation Bishop Ackerman Holy Donuts Inc and what are their salaries?

Here are 7 key members and their salaries:


Donald Redwine (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Bose (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
G Keith Cahill (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Welte (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Eibel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Isler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Home Corporation Bishop Ackerman Holy Donuts Inc?

Home Corporation Bishop Ackerman Holy Donuts Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Home Corporation Bishop Ackerman Holy Donuts Inc

Home Corporation Bishop Ackerman Holy Donuts Inc, through its affiliation with the Knights of Columbus 5453 Boone County, is committed to promoting education and charitable initiatives. Their primary mission is to offer financial assistance to deserving high school students in the form of scholarships. These scholarships are not only one-time awards but also include three renewable options, ensuring continued support for those in need. The eligibility criteria for these scholarships include academic performance, demonstrated financial need, and active involvement in the community and parish.

Beyond its scholarship program, Home Corporation Bishop Ackerman Holy Donuts Inc also extends its charitable reach to church and community organizations. The organization provides funds for various projects that aim to improve the lives of those in need. By doing so, it contributes to the betterment of the community at large, aligning with its mission to promote education and charitable projects.

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Impact




October, 2024

Home Corporation Bishop Ackerman Holy Donuts Inc plays a vital role in fostering educational opportunities and community support in Burlington, KY. By offering high school academic scholarships based on financial need, it empowers students to pursue their education, thereby uplifting families and enhancing the local community's educational landscape. The requirement for students to demonstrate academic achievement and community service encourages a culture of excellence and civic involvement.

Moreover, by providing grants to church and community groups for charitable purposes, the organization strengthens the fabric of the community, enabling various initiatives that promote social welfare. This multifaceted approach not only addresses immediate educational needs but also contributes to long-term communal growth and solidarity, making a substantial impact on both individuals and the wider society.




This information is meant to be a general summary of Home Corporation Bishop Ackerman Holy Donuts 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
$98,938 (2023)
Expenses
$65,242 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $8,667
  • Gross Receipts: $133,286

Assets and Liabilities:

  • Total Assets: $112,790
  • Total Liabilities: $0
  • Net Assets: $112,790

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Organization Details

Principal Officer

Donald Redwine

NTEE Category

Code: Y40 - Mutual benefit

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