Bgcmr Qalicb

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

EIN: 852534053 ✦ Richmond, VA ✦ Designated as a 501(c)(3)

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Overview

What is Bgcmr Qalicb?

Bgcmr Qalicb is a nonprofit organization based in Richmond, Virginia, specifically at 100 Everett Street 1. Their primary mission is to support the initiatives and endeavors of Boys & Girls Clubs of Metro Richmond. To achieve this, Bgcmr Qalicb acquires and holds title to properties intended for use by the Boys & Girls Clubs. They lease these properties, collect income derived from them, and eventually transfer the associated funds to the Boys & Girls Clubs. The organization's efforts aim to contribute to the development and operations of the Boys & Girls Clubs, ultimately benefiting the community in Richmond, Virginia.


Official website here: www.bgcmr.org

Is Bgcmr Qalicb legitimate?

Bgcmr Qalicb is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bgcmr Qalicb 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


Official website here: www.bgcmr.org

What is the mission statement of Bgcmr Qalicb?

Bgcmr Qalicb's mission is centered around supporting the objectives and initiatives of Boys & Girls Clubs of Metro Richmond, specifically in relation to real estate. They aim to acquire and manage property, leasing it out and generating income from it, with the ultimate goal of contributing these funds to BGCMR's development and operations. In essence, their role is to facilitate the real estate aspect of BGCMR's mission, providing the necessary infrastructure for the organization to carry out its programs and activities.


Official website here: www.bgcmr.org

What is the revenue of Bgcmr Qalicb?

Bgcmr Qalicb's revenue in 2024 was $72,000.


Official website here: www.bgcmr.org

Who are the executives of Bgcmr Qalicb and what are their salaries?

There 5 volunteers at Bgcmr Qalicb.

Here are 5 key members and their salaries:


Will Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tad Melton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James H Reinhart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Randolph Spears (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tamatha Powell (Secretary/Treasurer)
  • Compensation: $0
  • Related: $176,159
  • Other: $10,814


Official website here: www.bgcmr.org

Where can I find the form 990 for Bgcmr Qalicb?

Bgcmr Qalicb's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.bgcmr.org

Learn more at the official website: www.bgcmr.org

Mission Statement of Bgcmr Qalicb

Bgcmr Qalicb, in its mission, supports the objectives, programs, and initiatives of Boys & Girls Clubs of Metro Richmond, particularly in relation to the development, utilization, and management of the organization's real estate. Specifically, Bgcmr Qalicb acquires and holds title to properties intended for use by Boys & Girls Clubs of Metro Richmond. It leases such properties, collects income derived from these properties, and subsequently transfers related amounts to the Boys & Girls Clubs of Metro Richmond. By performing these activities, Bgcmr Qalicb contributes to the overall mission and goals of the Boys & Girls Clubs of Metro Richmond.

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Impact




October, 2024

Bgcmr Qalicb plays a crucial role in supporting the Boys & Girls Clubs of Metro Richmond by focusing on real estate development and management. By acquiring and holding title to properties, it ensures that the facilities used for youth programs are not only well-maintained but also effectively utilized to further the mission of youth development in the community.

The organization’s ability to generate income through leasing properties and then reinvesting those funds back into the Boys & Girls Clubs enhances the sustainability of the Clubs' operations. This financial support allows for a broader range of programs and activities, directly impacting the youth in Metro Richmond by providing them with safe, enriching environments where they can grow, learn, and thrive.

Overall, Bgcmr Qalicb’s impact is significant as it strengthens the infrastructural backbone of the Boys & Girls Clubs, ensuring that the resources needed for effective youth development are in place and continually improved.




This information is meant to be a general summary of Bgcmr Qalicb. 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
$72,000 (2024)
Expenses
$245,615 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Gross Receipts: $72,000

Assets and Liabilities:

  • Total Assets: $5,783,106
  • Total Liabilities: $5,408,350
  • Net Assets: $374,756

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Organization Details

Founding Year

2020

Principal Officer

Tami Powell

NTEE Category

Code: O11 - Youth development

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