Folds Of Honor - Motor City Inc

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

EIN: 834371614 ✦ Canton, MI ✦ Designated as a 501(c)(3)

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Overview

What is Folds Of Honor - Motor City Inc?

Folds Of Honor - Motor City Inc is a local chapter situated in Canton, Michigan, dedicated to supporting the national organization's mission. Their primary goal is to raise funds for the Folds of Honor Foundation, an entity that offers educational scholarships to the spouses and children of American service members who have lost their lives, been killed in action, or suffered severe injuries during their service. These scholarships help cover various educational expenses, such as tuition, books, fees, and on-campus accommodations. By doing so, Folds Of Honor - Motor City Inc plays a crucial role in assisting the families of fallen or disabled service members in overcoming financial challenges and pursuing higher education.

Is Folds Of Honor - Motor City Inc legitimate?

Folds Of Honor - Motor City Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Folds Of Honor - Motor City 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 Folds Of Honor - Motor City Inc?

Folds of Honor - Motor City Inc's primary mission is to support the Folds of Honor Foundation, which provides educational financial aid to the spouses and children of fallen and disabled service members in the United States. The chapter raises funds, contributing to scholarships that cover tuition, books, fees, room and board, tutoring, and other educational expenses for these families. By doing so, Folds of Honor - Motor City Inc plays a significant role in ensuring that the children and spouses of these brave individuals have access to quality education, honoring their sacrifices and contributing to their future well-being.

Who is the CEO of Folds Of Honor - Motor City Inc?

Matt Hemmelgarn is the Board Member of Folds Of Honor - Motor City Inc.

What is the revenue of Folds Of Honor - Motor City Inc?

Folds Of Honor - Motor City Inc's revenue in 2022 was $300,478.

Who are the executives of Folds Of Honor - Motor City Inc and what are their salaries?


Here are 9 key members and their salaries:


Russell Bruner Iii (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Pelletier (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Vella (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Newcomb (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Flohr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Silva (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Hemmelgarn (Treausrer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Bruner (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Powers (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Folds Of Honor - Motor City Inc?

Folds Of Honor - Motor City Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Folds Of Honor - Motor City Inc

Folds of Honor - Motor City Inc is a dedicated organization with a mission to support the educational needs of the families left behind by fallen or disabled service members in the United States. The nonprofit raises funds for the Folds of Honor Foundation, an entity that provides financial assistance for higher education scholarships and educational expenses for the spouses and children of these fallen or disabled heroes. The funds granted by Folds of Honor - Motor City Inc help to cover various costs, including tuition, schoolbooks, fees, on-campus room and board, educational tutoring, and other approved educational expenses. By providing this financial aid, Folds of Honor - Motor City Inc enables the bereaved families to continue their education and secure a brighter future, honoring the sacrifice made by their loved ones.

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Impact




October, 2024

Folds Of Honor - Motor City Inc significantly impacts the lives of spouses and children of America's fallen and disabled service members by providing critical financial assistance for education. Through their fundraising efforts, they enable recipients to access higher education scholarships and children's funds scholarships, ensuring that those left behind by service members who were killed in action or suffered severe injuries can continue their education.

The scholarships offered by Folds Of Honor - Motor City Inc are pivotal in covering essential educational expenses. These include tuition, schoolbooks, fees, and on-campus room and board, as well as approved tutoring services. By alleviating the financial burden of education, the organization empowers families to pursue academic and vocational goals, fostering a sense of stability and hope.

In Canton, MI, this chapter plays a vital role in connecting local communities to the national mission, reinforcing the societal commitment to honor and support military families. Overall, their efforts not only help to transform lives through education but also contribute to the broader recognition and appreciation of the sacrifices made by service members and their families.




This information is meant to be a general summary of Folds Of Honor - Motor City 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
$300,478 (2022)
Expenses
$299,771 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $384,067

Assets and Liabilities:

  • Total Assets: $24,725
  • Total Liabilities: $0
  • Net Assets: $24,725

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Organization Details

Founding Year

2007

Principal Officer

Matt Hemmelgarn

Main Address

329 KINGS WAY, CANTON, MI, 48188

NTEE Category

Code: B12 - Education

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