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Malone Recreation Foundation Inc

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

EIN: 823516869 ✦ Malone, NY ✦ Designated as a 501(c)(3)

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Overview

What is Malone Recreation Foundation Inc?

Malone Recreation Foundation Inc is a nonprofit organization, situated in the larger Malone area. Their primary purpose is to enhance and maintain recreational facilities for the local community. This includes continuous improvement and upkeep of these facilities, ensuring that the citizens of the area have access to well-maintained recreational spaces. The Foundation's mission is steadfastly dedicated to serving the community by providing top-notch recreational facilities.

Is Malone Recreation Foundation Inc legitimate?

Malone Recreation Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Malone Recreation Foundation 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Malone Recreation Foundation Inc?

The Malone Recreation Foundation Inc's mission is centered around enhancing and preserving recreational facilities for the benefit of the community residing in a broader Malone area. In essence, their goal is to maintain and upgrade these recreational spaces, ensuring they remain accessible and useful for the local citizenry. This mission is carried out through dedicated efforts to improve and sustain the quality of these facilities.

What is the revenue of Malone Recreation Foundation Inc?

Malone Recreation Foundation Inc's revenue in 2023 was $228,776.

Who are the executives of Malone Recreation Foundation Inc and what are their salaries?

There is 1 key member and their salary:


Gerald Cahill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Malone Recreation Foundation Inc?

Malone Recreation Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Malone Recreation Foundation Inc

The Malone Recreation Foundation Inc is dedicated to enhancing and preserving recreational facilities within the greater Malone community. Their mission is centered around improving and maintaining these facilities, ensuring they remain accessible and beneficial for the local citizens. By undertaking these tasks, the foundation aims to contribute positively to the well-being and leisure activities of the community members.

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Impact




October, 2024

Malone Recreation Foundation Inc significantly enhances the quality of life for residents in the greater Malone area through the improvement and maintenance of recreational facilities. By focusing on creating and sustaining accessible spaces for recreation, the foundation fosters community engagement and promotes healthy lifestyles among citizens. These facilities serve as vital hubs for social interaction, physical activity, and outdoor enjoyment, contributing to the overall well-being of individuals and families. Ultimately, the foundation’s efforts create a vibrant community where residents can come together, build connections, and enjoy a variety of recreational activities.




This information is meant to be a general summary of Malone Recreation Foundation 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
$228,776 (2023)
Expenses
$157,826 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $228,776

Assets and Liabilities:

  • Total Assets: $241,796
  • Total Liabilities: $0
  • Net Assets: $241,796

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Organization Details

Founding Year

2018

Principal Officer

Gerald Cahill

NTEE Category

Code: N11 - Recreation

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