Overview
What is Teamsters Local 399 Charity Fund Inc?
Teamsters Local 399 Charity Fund Inc is a nonprofit organization situated in North Hollywood, California. Their primary mission is to raise funds for educational scholarships and make donations to charitable organizations that support the well-being of working people and the underprivileged in Los Angeles County. They achieve this by hosting events, such as a recent golf fundraiser, where the net proceeds are allocated for scholarships and charitable contributions. This year, they awarded ten scholarships worth $50,000 and donated an additional $147,500 to various charitable organizations.
Is Teamsters Local 399 Charity Fund Inc legitimate?
Teamsters Local 399 Charity Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Teamsters Local 399 Charity Fund Inc 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 Teamsters Local 399 Charity Fund Inc?
Teamsters Local 399 Charity Fund Inc's mission is focused on raising funds for educational scholarships and making charitable donations. The primary objective of these donations is to support organizations that promote the well-being of working people and assist those who are less fortunate, including the poor, distressed, and underprivileged. Additionally, the charity engages in other lawful charitable activities.
Who is the CEO of Teamsters Local 399 Charity Fund Inc?
Richard Bennetti is the President of Teamsters Local 399 Charity Fund Inc.
What is the revenue of Teamsters Local 399 Charity Fund Inc?
Teamsters Local 399 Charity Fund Inc's revenue in 2022 was $223,171.
Who are the executives of Teamsters Local 399 Charity Fund Inc and what are their salaries?
There 4 volunteers at Teamsters Local 399 Charity Fund Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Teamsters Local 399 Charity Fund Inc?
Teamsters Local 399 Charity Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Teamsters Local 399 Charity Fund Inc
Teamsters Local 399 Charity Fund Inc is dedicated to serving a noble cause. Its primary mission is twofold: firstly, it aims to raise funds for educational scholarships to support deserving high school graduates. Secondly, the organization extends its charitable contributions to organizations that promote the well-being and welfare of working people, the poor, distressed, and underprivileged individuals in their community. By engaging in such activities, Teamsters Local 399 Charity Fund Inc seeks to contribute to the betterment of society at large, aligning itself with the common good.
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Impact
October, 2024
Teamsters Local 399 Charity Fund Inc plays a significant role in enhancing the lives of students and supporting various charitable causes. By providing scholarships to graduating high school seniors, the Fund empowers young individuals to pursue their educational goals, with a noteworthy total of $50,000 allocated to ten deserving recipients this year alone.
Moreover, the Fund's commitment to community welfare extends well beyond scholarships. Through fundraising events, such as their recent golf tournament, they raised substantial funds that were directed towards various charitable organizations, totaling $147,500 in donations to 50 different groups. This support not only addresses immediate needs within the community but also fosters the overall well-being of working people in Los Angeles County, California.
By focusing on education and collaborative charitable efforts, Teamsters Local 399 Charity Fund Inc actively promotes the common good, ensuring aid reaches those who are underserved or in distress and reinforcing a strong sense of community solidarity.
This information is meant to be a general summary of Teamsters Local 399 Charity Fund 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $223,171
Assets and Liabilities:
- Total Assets: $23,727
- Total Liabilities: $0
- Net Assets: $23,727
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Organization Details
Founding Year
2022
Phone
(347) 559-3089Principal Officer
Richard Bennetti
Main Address
4821 Lankershim Blvd F588, North Hollywood, CA, 91601
NTEE Category
Code: T20 - Philanthropy
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