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Cbit Education Inc

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

EIN: 800574679 ✦ Garden city, NY ✦ Designated as a 501(c)(3)

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Overview

What is Cbit Education Inc?

Cbit Education Inc is a nonprofit organization that annually hosts tax-related events, providing educational presentations on tax, legal, and judicial updates. Their 34th and 35th annual spring tax days attracted approximately 0 and 45 attendees, respectively, despite the COVID-19 situation affecting the first event. The organization's primary mission is to educate its members about tax matters, contributing to their financial literacy and understanding.


Official website here: www.cbit-usa.org

Is Cbit Education Inc legitimate?

Cbit Education Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cbit Education 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.


Official website here: www.cbit-usa.org

What is the mission statement of Cbit Education Inc?

Cbit Education Inc's mission is centered around providing tax education to its members. They conduct annual tax-related presentations, featuring updates on legal and judicial matters. The attendance varies, with around 45 attendees in one of their meetings, while another was held virtually due to COVID-19 with no attendees recorded. The primary focus of these events is to educate their members about taxes and related legal matters.


Official website here: www.cbit-usa.org

Who is the CEO of Cbit Education Inc?

Alan J Gabel is the Treasurer of Cbit Education Inc.


Official website here: www.cbit-usa.org

What is the revenue of Cbit Education Inc?

Cbit Education Inc's revenue in 2022 was $1,715.


Official website here: www.cbit-usa.org

Who are the executives of Cbit Education Inc and what are their salaries?


Here are 3 key members and their salaries:


Mark Taccetta (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Lebron (Vice-Pres/Se)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan J Gabel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cbit-usa.org

Where can I find the form 990EZ for Cbit Education Inc?

Cbit Education Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.cbit-usa.org

Learn more at the official website: www.cbit-usa.org

Mission Statement of Cbit Education Inc

Cbit Education Inc, as stated in its provided information, focuses on providing tax education to its members. This is achieved through annual tax day events, where legal and judicial updates are presented. The 34th annual event saw no attendees due to COVID-19, while the 35th event attracted approximately 45 individuals. The organization's mission revolves around equipping its members with tax-related knowledge, thereby enhancing their understanding in this area.

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Impact




October, 2024

Cbit Education Inc plays a significant role in the ongoing education and professional development of its members, particularly in the realm of tax law and legal updates. Through its annual Spring Tax Day event, Cbit provides critical presentations that inform participants about the latest developments and changes in tax legislation, legal frameworks, and judicial practices.

Despite the challenges posed by the COVID-19 pandemic, which led to a significant reduction in attendance during the 34th event, there was a notable recovery in participation for the 35th annual Spring Tax Day, with approximately 45 attendees. This indicates a renewed interest and commitment among professionals to stay informed and engaged in tax education. By fostering a platform for discussion and knowledge-sharing, Cbit Education Inc enhances the expertise of its members, ultimately contributing to more informed decision-making in their professional practices.




This information is meant to be a general summary of Cbit Education 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
$1,715 (2022)
Expenses
$6,575 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $1,715
  • Gross Receipts: $1,715

Assets and Liabilities:

  • Total Assets: $8,787
  • Total Liabilities: $0
  • Net Assets: $8,787

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Organization Details

Principal Officer

Alan J Gabel

Main Address

1225 FRANKLIN AVE ROOM 500, GARDEN CITY, NY, 11530

NTEE Category

Code: B116 - Education

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