Overview
What is Comerica Cares Fund?
The Comerica Cares Fund is a charitable organization, functioning under the guidelines of section 501(c)(3) of the Internal Revenue Code. Its primary objective is to offer aid to Comerica Bank employees who are experiencing hardships, either due to unforeseen disasters or personal struggles. In 2021, the fund demonstrated its commitment by granting assistance to 61 employees, providing a total of $78,550. The fund's mission aligns with its charitable purpose, providing relief during challenging times for the bank's employees.
Is Comerica Cares Fund legitimate?
Comerica Cares Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Comerica Cares Fund 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Comerica Cares Fund?
The Comerica Cares Fund is dedicated to serving as a charitable entity, adhering to the guidelines set by section 501(c)(3) of the Internal Revenue Code. Its primary purpose is to offer assistance to employees of Comerica Bank who are encountering difficulties due to personal hardships or disasters. In 2021, the fund successfully granted aid to 61 individuals, totaling $78,550. The mission of the Comerica Cares Fund is to provide relief during challenging times, contributing to the well-being of its beneficiaries.
What is the revenue of Comerica Cares Fund?
Comerica Cares Fund's revenue in 2024 was $124,083.
Who are the executives of Comerica Cares Fund and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Comerica Cares Fund?
Comerica Cares Fund's most recent form 990EZ was submitted in 2024 and can be accessed here.
Mission Statement of Comerica Cares Fund
Comerica Cares Fund is a charitable organization with a mission to offer assistance to employees of Comerica Bank who are facing challenges due to disasters or personal hardships. The fund is organized and operated in accordance with section 501(c)(3) of the Internal Revenue Code, signifying its status as a nonprofit entity dedicated to charitable pursuits. In 2021, Comerica Cares Fund demonstrated its commitment by awarding 61 grants, totaling $78,550, to eligible employees in need. The grants provided by this fund serve as a testament to its mission of offering relief during difficult times, thereby showcasing its compassionate and supportive nature.
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Impact
October, 2024
The Comerica Cares Fund offers crucial support to employees of Comerica Bank facing personal hardships or disaster situations. By providing financial assistance, the fund alleviates the strain on individuals during challenging times. In 2021, it made a significant impact by awarding 61 grants that totaled $78,550, directly aiding employees in need. The program reflects a commitment to employee welfare, ensuring that support is available when it matters most, fostering resilience and community within the workplace.
This information is meant to be a general summary of Comerica Cares Fund. 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 2024.
- Gross Receipts: $124,083
Assets and Liabilities:
- Total Assets: $174,230
- Total Liabilities: $0
- Net Assets: $174,230
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Organization Details
Principal Officer
Wendi Herrick
NTEE Category
Code: B90 - Education
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