Galena Foundation Inc

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

EIN: 883733495 ✦ Galena, OH ✦ Designated as a 501(c)(3)

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Overview

What is Galena Foundation Inc?

Galena Foundation Inc, based in the Village of Galena, Ohio, is a nonprofit organization that plays a crucial role in raising funds for the local community. Established and reinstated on March 7, 2022, the foundation demonstrates its commitment to the area by providing substantial financial aid. One of its significant contributions was a sum of $15,000 obtained from the 2022 Galena Festival, acknowledged on February 1, 2023. This nonprofit organization's primary objective is to support the Village of Galena through fundraising activities, contributing to the overall well-being and development of the community.

Is Galena Foundation Inc legitimate?

Galena Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Galena Foundation 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 Galena Foundation Inc?

The Galena Foundation's primary role is to offer fundraising support. After being reinstated in March 2022, they received a significant contribution of $15,000 from the Galena Festival held on October 15, 2022, which was handed over to them on February 1, 2023. However, the information provided does not specify an explicit mission statement for the foundation, detailing its objectives or the causes it supports. Consequently, due to the lack of such information, it is unavailable to provide a comprehensive mission statement summary.

Who is the CEO of Galena Foundation Inc?

Kenneth Molnar is the President of Galena Foundation Inc.

What is the revenue of Galena Foundation Inc?

Galena Foundation Inc's revenue in 2022 was $0.

Who are the executives of Galena Foundation Inc and what are their salaries?


Here are 2 key members and their salaries:


Kenneth Molnar (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Roy (Secretary-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Galena Foundation Inc?

Galena Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Galena Foundation Inc

Galena Foundation Inc, reinstated in March 2022, is committed to raising funds to support various initiatives. Their primary role is to provide financial assistance to various projects, as demonstrated by the $15,000 they received from the Galena Festival in October 2022. This nonprofit organization's mission is to contribute to the betterment of various causes, although specific details about the causes they support are not provided in the information provided. The Galena Foundation Inc's efforts contribute to the enhancement of various projects and initiatives, making a positive impact in various communities.

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Impact




October, 2024

Galena Foundation Inc significantly impacts the Village of Galena, OH, by providing essential fundraising support to enhance community initiatives and projects. Reinstated on March 7, 2022, the foundation plays a vital role in organizing events that foster community spirit and engagement. For instance, the Galena Festival held on October 15, 2022, successfully generated $15,000 in fundraising support, which will contribute to various local programs and services. Through these efforts, Galena Foundation Inc strengthens the community's resources, promoting public benefit and enhancing the quality of life for its residents.




This information is meant to be a general summary of Galena Foundation 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
$0 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

    Assets and Liabilities:

    • Total Assets: $0
    • Total Liabilities: $0
    • Net Assets: $0

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    Organization Details

    Principal Officer

    Kenneth Molnar

    Main Address

    21 MIDDLE ST, GALENA, OH, 43021

    NTEE Category

    Code: W99 - Public benefit

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