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Are Rico Memorial Foundation Ltd

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

EIN: 810600701 ✦ Center moriches, NY ✦ Designated as a 501(c)(3)

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Overview

What is Are Rico Memorial Foundation Ltd?

The Are Rico Memorial Foundation is a nonprofit organization that actively supports and advocates for charitable causes. They achieve this by providing grants, funding, and financial assistance to various institutions, organizations, and individuals. The foundation also encourages artistic and cultural endeavors by offering grants. Their primary source of funding comes from annual donations collected through a golf outing event. These funds are then distributed to the community, guided by the organization's assessment of the most pressing needs.

Is Are Rico Memorial Foundation Ltd legitimate?

Are Rico Memorial Foundation Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Are Rico Memorial Foundation Ltd 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.

What is the mission statement of Are Rico Memorial Foundation Ltd?

The Are Rico Memorial Foundation's mission is centered around promoting and supporting charitable activities by providing grants, funding, and financial assistance to various institutions, organizations, and individuals. This non-profit organization additionally invests in artistic and cultural initiatives through grant allocations. Annual donations, accumulated from individual and organizational contributions and a golf outing event, are then distributed to the community based on its needs.

Who is the CEO of Are Rico Memorial Foundation Ltd?

Anthony Eaderesto is the President of Are Rico Memorial Foundation Ltd.

What is the revenue of Are Rico Memorial Foundation Ltd?

Are Rico Memorial Foundation Ltd's revenue in 2022 was $71,104.

Who are the executives of Are Rico Memorial Foundation Ltd and what are their salaries?


Here are 3 key members and their salaries:


Anthony Eaderesto (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Magg (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annette Eaderesto (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Are Rico Memorial Foundation Ltd?

Are Rico Memorial Foundation Ltd's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Are Rico Memorial Foundation Ltd

The Are Rico Memorial Foundation, in its mission, seeks to boost, endorse, motivate, and strengthen charitable endeavors by providing financial aid and grants to institutions, organizations, and individuals. Beyond charitable activities, the foundation also supports artistic and cultural initiatives through monetary assistance. The organization raises funds annually through a golf outing event, and these funds, alongside other donations, are distributed to the community based on its needs.

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Impact




August, 2024

The Are Rico Memorial Foundation Ltd has a significant impact on promoting, supporting, and encouraging charitable activities through grants and financial assistance. Additionally, the organization plays a vital role in fostering artistic and cultural endeavors by providing grants in these areas. Through its fundraising efforts, including an annual golf outing event and donations from individuals and organizations, the foundation is able to contribute to the community by directing funds to areas of need. This philanthropic work makes a positive difference in the lives of individuals, institutions, and organizations within the community.




This information is meant to be a general summary of Are Rico Memorial Foundation Ltd. 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
$71,104 (2022)
Expenses
$67,353 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $100,783

Assets and Liabilities:

  • Total Assets: $31,309
  • Total Liabilities: $0
  • Net Assets: $31,309

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Organization Details

Principal Officer

Anthony Eaderesto

Main Address

18 RAILROAD AVENUE, CENTER MORICHES, NY, 11934

NTEE Category

Code: T30 - Philanthropy

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