Overview
What is Friends Of Recreation Inc?
Friends of Recreation Inc is a nonprofit organization situated in Palm Beach, Florida, specifically at 251 Royal Palm Way Ste 400. Their primary mission is to financially assist the Town of Palm Beach, with a focus on the Mandel Center. By raising funds, they aim to contribute towards the construction and maintenance costs of this center. The funds raised by Friends of Recreation Inc will help match a $4.6 million challenge grant from the Mandel Foundation. Beyond just construction, the organization also intends to provide ongoing financial support for the recreational programs operated by the Town of Palm Beach, thereby enhancing the community's leisure activities.
Is Friends Of Recreation Inc legitimate?
Friends Of Recreation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Recreation 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.
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What is the mission statement of Friends Of Recreation Inc?
Friends of Recreation Inc's mission is to facilitate the realization of a recreation center by securing funds to match a significant grant from the Mandel Foundation. Once established, the organization aims to provide ongoing financial support for the center's recreational programs. In essence, Friends of Recreation Inc is dedicated to boosting the community's recreational offerings by contributing financially to the construction and operation of the Mandel Recreation Center.
Who is the CEO of Friends Of Recreation Inc?
Michael Ainslie is the Chairman, Executive Comm Member of Friends Of Recreation Inc.
What is the revenue of Friends Of Recreation Inc?
Friends Of Recreation Inc's revenue in 2022 was $141,584.
Who are the executives of Friends Of Recreation Inc and what are their salaries?
There 18 volunteers at Friends Of Recreation Inc.
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Where can I find the form 990 for Friends Of Recreation Inc?
Friends Of Recreation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friends Of Recreation Inc
Friends of Recreation Inc, as an organization, is committed to fulfilling a significant mission. Their primary goal is to raise funds to contribute towards the construction and ongoing operations of the Mandel Recreation Center. This mission is not only about providing financial support but also about ensuring the successful realization of the Mandel Foundation's challenge grant, worth $4.6 million. The organization's role extends beyond the initial construction phase, as they also commit to providing ongoing financial assistance for the recreational programs within The Town of Palm Beach. By undertaking these tasks, Friends of Recreation Inc plays a crucial role in enhancing the recreational facilities and opportunities within their community.
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Impact
October, 2024
Friends Of Recreation Inc plays a vital role in enhancing community well-being through its financial support for the Mandel Recreation Center in Palm Beach, FL. By raising funds to meet the $4.6 million challenge grant from the Mandel Foundation, the organization is directly contributing to the construction and ongoing operations of this vital community hub.
Their efforts ensure that the Mandel Center can provide a variety of recreational programs and services that foster community engagement, health, and wellness for residents of all ages. This support not only helps to create a state-of-the-art facility but also promotes an active lifestyle, social interaction, and a sense of belonging among community members. Overall, Friends Of Recreation Inc significantly enriches the fabric of the Palm Beach community by making recreational opportunities more accessible and sustainable.
This information is meant to be a general summary of Friends Of Recreation 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: $4,247
- Gross Receipts: $141,584
Assets and Liabilities:
- Total Assets: $705,522
- Total Liabilities: $13,687
- Net Assets: $691,835
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Organization Details
Founding Year
2016
Phone
(561) 835-1313Principal Officer
Michael Ainslie
Main Address
251 Royal Palm Way Ste 400, Palm Beach, FL, 33480
NTEE Category
Code: T30 - Philanthropy
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