Regroup Carolinas

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

EIN: 853371659 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is Regroup Carolinas?

Regroup Carolinas is a nonprofit organization situated in the Carolinas, dedicated to supporting local charities within the community. They fulfill this mission by organizing various fundraising events. One of their key initiatives involves partnering with Charlotte Toolbank, a nonprofit tool-lending program. This collaboration provides charitable organizations with uninterrupted access to an inventory of necessary tools, ensuring they can carry out their projects effectively. Regroup Carolinas' goals are geared towards uplifting and empowering local charities in the Carolinas.

Is Regroup Carolinas legitimate?

Regroup Carolinas is a legitimate nonprofit organization registered as a 501(c)(3) entity. Regroup Carolinas 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 Regroup Carolinas?

Regroup Carolinas, as an organization, is dedicated to supporting public charities operating within the Carolinas. Their primary activity involves raising funds to benefit these local charities. One of their initiatives includes collaborating with Charlotte Toolbank, a nonprofit tool-lending program, to provide year-round access to tools for charitable organizations. In essence, Regroup Carolinas' mission is centered around enhancing the work of charities within their community by facilitating financial resources.

Who is the CEO of Regroup Carolinas?

Patrick Faulkner is the Treasurer of Regroup Carolinas.

What is the revenue of Regroup Carolinas?

Regroup Carolinas's revenue in 2022 was $46,092.

Who are the executives of Regroup Carolinas and what are their salaries?


Here are 6 key members and their salaries:


Jim Rhodes (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Tettambel (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Faulkner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Brewster (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Socha (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Tropsha (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Regroup Carolinas?

Regroup Carolinas's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Regroup Carolinas

Regroup Carolinas, as a dedicated organization, is committed to carrying out a series of fundraising initiatives. Its primary mission is to bolster public charities operating within the Carolinas' communities. In pursuit of this objective, Regroup Carolinas extends its support to Charlotte Toolbank, a nonprofit tool-lending program. This program offers charitable organizations in the region year-round access to a comprehensive inventory of tools, enabling them to carry out their various community projects efficiently. By supporting Charlotte Toolbank, Regroup Carolinas plays a crucial role in empowering local charities and contributing to the betterment of communities in the Carolinas.

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Impact




August, 2024

Regroup Carolinas has a significant impact on communities throughout the Carolinas by engaging in various fundraising activities to support public charities. One of the organizations it benefits is Charlotte Toolbank, a nonprofit tool-lending program that provides charitable organizations with essential tools year-round. Through its efforts, Regroup Carolinas helps local charities thrive and make a positive difference in the community, particularly in the area of housing assistance.




This information is meant to be a general summary of Regroup Carolinas. 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
$46,092 (2022)
Expenses
$40 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1
  • Gross Receipts: $63,936

Assets and Liabilities:

  • Total Assets: $47,132
  • Total Liabilities: $0
  • Net Assets: $47,132

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Organization Details

Principal Officer

Patrick Faulkner

Main Address

2300 TATTERSALL DR, CHARLOTTE, NC, 28210

NTEE Category

Code: L12 - Housing

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