Overview
What is Algodon Club Inc?
Algodon Club Inc is a nonprofit organization dedicated to supporting the cotton industry. They achieve this goal by fostering public understanding and enhancing community knowledge. One of their primary methods is by granting scholarships to local students, thereby investing in their education. Algodon Club has demonstrated its commitment to this cause by bestowing scholarships in Harlingen, Texas.
Is Algodon Club Inc legitimate?
Algodon Club Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Algodon Club 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.
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What is the mission statement of Algodon Club Inc?
Algodon Club Inc serves a mission to foster the cotton industry by increasing public awareness and providing education to the community. They achieve this objective by granting scholarships to local students, thereby supporting their higher education. As part of their initiatives, Algodon Club has awarded scholarships in various locations, such as Harlingen, TX. The organization aims to contribute to the community's understanding and appreciation of the cotton industry while investing in the future of its youth.
What is the revenue of Algodon Club Inc?
Algodon Club Inc's revenue in 2022 was $80,431.
Who are the executives of Algodon Club Inc and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990EZ for Algodon Club Inc?
Algodon Club Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Algodon Club Inc
Algodon Club, a business league, is dedicated to advocating for the cotton industry and enlightening the public about its significance. They achieve this mission by granting scholarships to local students, thereby fostering their education. Algodon Club's initiatives extend to Harlingen, Texas, where they have granted scholarships as part of their commitment to supporting the community and the cotton industry's future leaders. By focusing on education, Algodon Club plays a vital role in promoting awareness and appreciation for the cotton industry.
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Impact
October, 2024
Algodon Club Inc significantly impacts the cotton industry and the local community in Harlingen, TX, through its dedicated efforts to promote awareness and education. By generating public interest in cotton, they help elevate the profile of this crucial industry. Their commitment to the future is evident in their scholarship program, which supports area students in furthering their education. These scholarships not only enhance individual opportunities but also contribute to the overall growth and development of the community. Through these initiatives, Algodon Club Inc plays a pivotal role in fostering educational advancement and community improvement.
This information is meant to be a general summary of Algodon Club 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 2022.
- Investment Income: $252
- Gross Receipts: $152,982
Assets and Liabilities:
- Total Assets: $227,376
- Total Liabilities: $0
- Net Assets: $227,376
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Organization Details
NTEE Category
Code: S41 - Community improvement
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