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Betty Babjak Memorial Fund Inc

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

EIN: 813526101 ✦ Ocean, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Betty Babjak Memorial Fund Inc?

Betty Babjak Memorial Fund Inc is a nonprofit organization dedicated to fostering musical education for budding artists. They achieve this objective by raising funds through charitable contributions and benefit concerts performed by the Smithereens. The funds collected are then utilized to issue scholarships to promising future students of the musical arts. Their mission is to provide financial support and opportunities for the growth and development of talented musicians, ensuring the continuation and enrichment of the artistic community.

Is Betty Babjak Memorial Fund Inc legitimate?

Betty Babjak Memorial Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Betty Babjak Memorial Fund 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.

What is the mission statement of Betty Babjak Memorial Fund Inc?

The Betty Babjak Memorial Fund Inc's mission is centered around supporting the advancement of musical education for future art students. They achieve this by providing scholarships and raising funds through benefit concerts performed by the Smithereens. The primary activities of the organization involve issuing financial aid to prospective musicians and organizing these musical events to collect donations. The goal is to contribute to the growth and success of the next generation of artists in the field of music.

Who is the CEO of Betty Babjak Memorial Fund Inc?

James Babjak is the President of Betty Babjak Memorial Fund Inc.

What is the revenue of Betty Babjak Memorial Fund Inc?

Betty Babjak Memorial Fund Inc's revenue in 2022 was $260.

Who are the executives of Betty Babjak Memorial Fund Inc and what are their salaries?


Here are 3 key members and their salaries:


James Babjak (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Babjak (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Krant (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Betty Babjak Memorial Fund Inc?

Betty Babjak Memorial Fund Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Betty Babjak Memorial Fund Inc

Betty Babjak Memorial Fund Inc is committed to advancing the musical education of upcoming artists. The organization achieves this goal by leveraging charitable contributions, primarily through benefit concerts performed by the Smithereens. The primary mission of Betty Babjak Memorial Fund Inc is to provide financial aid in the form of scholarships to aspiring musicians. Moreover, the organization raises funds for these scholarships through the musical performances by the Smithereens. The funds raised are instrumental in nurturing the talents of future musicians in the arts, thereby contributing to the richness and diversity of the musical landscape.

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Impact




October, 2024

The Betty Babjak Memorial Fund Inc plays a vital role in fostering the future of musical education. By raising funds through benefit concerts performed by the Smithereens, the organization channels resources directly into scholarships for aspiring students of the arts. This initiative not only provides essential financial support to young musicians but also raises awareness about the importance of arts education in shaping creative futures. The impact is felt not only through the scholarships awarded but also through the community engagement that these concerts inspire, fostering a deeper appreciation for the arts and encouraging the next generation of musical talent. Through its mission, the fund ensures that the legacy of musical education continues to thrive, empowering students to pursue their passion for music.




This information is meant to be a general summary of Betty Babjak Memorial Fund 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
$260 (2022)
Expenses
$96 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $260

Assets and Liabilities:

  • Total Assets: $16,091
  • Total Liabilities: $0
  • Net Assets: $16,091

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Organization Details

Principal Officer

James Babjak

Main Address

C/O ADEPTUS PARTNERS 733 RT 35 N ST, OCEAN, NJ, 07712

NTEE Category

Code: B82 - Education

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