Overview
What is Waco Lions Den?
Waco Lions Den is a nonprofit entity based in Waco, Texas, specifically at 1716 N 42ND STREET. Its primary function is to support the Waco Founders Lions Club, a 501(C)(4) organization, by holding the title to and operating a meeting hall facility. The Lions Den generates revenue from renting out this facility to the public annually, and after deducting related expenses, the remaining funds are transferred to the Waco Founders Lions Club. This partnership allows the Lions Club to further its charitable activities in the community.
Is Waco Lions Den legitimate?
Waco Lions Den is a legitimate nonprofit organization registered as a 501(c)(2) entity. Waco Lions Den 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
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What is the mission statement of Waco Lions Den?
The Waco Lions Den serves to support a 501(C)(4) organization named the Waco Founders Lions Club. They accomplish this by holding the title to and operating a meeting hall, collecting revenues from its rental, and then remitting these revenues, after deducting related expenses, to the club on an annual basis. Essentially, the Waco Lions Den acts as a benefactor, providing a venue and financial assistance to the Waco Founders Lions Club.
Who is the CEO of Waco Lions Den?
John Tipton is the Director of Waco Lions Den.
What is the revenue of Waco Lions Den?
Waco Lions Den's revenue in 2022 was $82,175.
Who are the executives of Waco Lions Den and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Waco Lions Den?
Waco Lions Den's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Waco Lions Den
The Waco Lions Den, as a supportive entity, is dedicated to aiding the Waco Founders Lions Club, a 501(C)(4) organization. Its primary mission involves holding the title to and operating a meeting hall. This facility is then rented out to the public, with the revenue generated, less related expenses, being remitted to the Waco Founders Lions Club at least annually. In essence, the Waco Lions Den serves as a financial ally to this organization, contributing to its operations by sharing the revenue generated from the meeting hall.
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Impact
October, 2024
Waco Lions Den plays a vital role in supporting community activities and fostering local engagement through its operation of a meeting hall. By leasing the facility to various groups and individuals, the Lions Den serves as a hub for gatherings, events, and initiatives that promote social cohesion and community development in Waco, Texas. The revenue generated from these rentals is redirected to the Waco Founders Lions Club, enabling a sustainable model that bolsters the club's mission and enhances its ability to serve the community.
This partnership not only ensures the maintenance and accessibility of the meeting hall but also amplifies the impact of the Lions Club's charitable efforts in the area. By providing a dedicated space for meetings and events, the Waco Lions Den helps facilitate community connections, encouraging collaboration among local organizations and residents. Through these efforts, it contributes significantly to the vibrancy and well-being of the Waco community.
This information is meant to be a general summary of Waco Lions Den. 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 2022.
- Program Service Revenue: $19,019
- Gross Receipts: $82,175
Assets and Liabilities:
- Total Assets: $59,795
- Total Liabilities: $0
- Net Assets: $59,795
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEN RENTALS
Revenue
$19,019
Organization Details
Founding Year
2021
Principal Officer
John Tipton
Main Address
1716 N 42ND STREET, WACO, TX, 76710
NTEE Category
Code: Z99 - Unknown
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