Million Dollar Club-Asu Scholarship Inc

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

EIN: 852304561 ✦ Albany, GA ✦ Designated as a 501(c)(3)

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Overview

What is Million Dollar Club-Asu Scholarship Inc?

Million Dollar Club-ASU Scholarship Inc, a nonprofit organization situated in Albany, Georgia, operates under the tax-exempt status 501(c)(3). Their primary focus is on both educational and charitable purposes, demonstrating their commitment to fostering learning opportunities. The organization is renowned for granting scholarships, providing financial aid to deserving individuals seeking higher education. By doing so, they contribute significantly to the community and help further the academic pursuits of numerous individuals.

Is Million Dollar Club-Asu Scholarship Inc legitimate?

Million Dollar Club-Asu Scholarship Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Million Dollar Club-Asu Scholarship 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 Million Dollar Club-Asu Scholarship Inc?

The Million Dollar Club-ASU Scholarship Inc, being a 501(c)(3) nonprofit organization, is dedicated to serving educational and charitable purposes. Its primary mission is to award scholarships, providing financial assistance to individuals seeking higher education. By doing so, the organization aims to contribute to the broader societal goal of fostering learning and personal development. The scholarships granted by Million Dollar Club-ASU Scholarship Inc serve as a means to empower individuals, enabling them to pursue their educational aspirations and contribute positively to their communities.

Who is the CEO of Million Dollar Club-Asu Scholarship Inc?

Lorenzo L Heard is the President of Million Dollar Club-Asu Scholarship Inc.

What is the revenue of Million Dollar Club-Asu Scholarship Inc?

Million Dollar Club-Asu Scholarship Inc's revenue in 2021 was $53,012.

Who are the executives of Million Dollar Club-Asu Scholarship Inc and what are their salaries?


Here are 9 key members and their salaries:


Dr Eddie Black (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Letressa Whatley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor L Powell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Sneed (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dorothy Hubbard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Land (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorenzo L Heard (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norma Heath (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrain Ae Jenkins (Financial Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Million Dollar Club-Asu Scholarship Inc?

Million Dollar Club-Asu Scholarship Inc's most recent form 990EZ was submitted in 2021 and can be accessed here.

Mission Statement of Million Dollar Club-Asu Scholarship Inc

Million Dollar Club-ASU Scholarship is a charitable organization with a focus on education. Their primary mission, as a 501(c)(3) entity, is to serve a noble purpose by awarding scholarships to individuals in need. This nonprofit is committed to providing financial assistance to deserving students, contributing to their educational pursuits and overall development. By offering scholarships, Million Dollar Club-ASU Scholarship plays a significant role in empowering individuals, enabling them to pursue their academic goals and potentially make a positive impact in their communities and beyond.

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Impact




October, 2024

Million Dollar Club-ASU Scholarship Inc significantly impacts the Albany, GA community by focusing on educational and charitable purposes. By awarding scholarships, it empowers students to pursue higher education, alleviating financial barriers that can hinder academic success. The organization fosters a culture of learning and personal development, enabling individuals to achieve their educational aspirations and improve their future prospects. Through its commitment to educational advancement, Million Dollar Club-ASU Scholarship Inc contributes to the overall growth and prosperity of the community, promoting a cycle of giving and support that ultimately enriches the lives of many.




This information is meant to be a general summary of Million Dollar Club-Asu Scholarship 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
$53,012 (2021)
Expenses
$71,760 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $53,012

Assets and Liabilities:

  • Total Assets: $73,489
  • Total Liabilities: $0
  • Net Assets: $73,489

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Organization Details

Principal Officer

Lorenzo L Heard

Main Address

302 Adkins St, Albany, GA, 317051909

NTEE Category

Code: Z99 - Unknown

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