Overview
What is Alano Foundation Of The South Bay Inc?
Alano Foundation of the South Bay Inc is a nonprofit organization that offers housing and meeting room facilities specifically designed for individuals in the recovery process from alcohol addiction. This foundation received significant financial support in the form of donations from the Torrance-Lomita Alano Club, amounting to $54,010 in 2019 and $7,300 in 2022. The primary mission of Alano Foundation of the South Bay Inc is to provide a supportive environment for these individuals, enabling them to maintain their sobriety and continue their recovery journey.
Is Alano Foundation Of The South Bay Inc legitimate?
Alano Foundation Of The South Bay Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alano Foundation Of The South Bay 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 Alano Foundation Of The South Bay Inc?
The Alano Foundation of the South Bay Inc is committed to providing housing and meeting room facilities for individuals in the recovery process from alcoholism. The foundation's mission is to offer a supportive environment for these individuals, aiming to aid their journey towards sobriety. In 2019, the Torrance-Lomita Alano Club donated $54,010 to the foundation, and in 2022, an additional $7,300 was contributed.
Who is the CEO of Alano Foundation Of The South Bay Inc?
Joe Foti is the Treasurer of Alano Foundation Of The South Bay Inc.
What is the revenue of Alano Foundation Of The South Bay Inc?
Alano Foundation Of The South Bay Inc's revenue in 2022 was $7,300.
Who are the executives of Alano Foundation Of The South Bay Inc and what are their salaries?
Here are 2 key members and their salaries:
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- Related: $0
- Other: $0
- Compensation: $0
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Where can I find the form 990 for Alano Foundation Of The South Bay Inc?
Alano Foundation Of The South Bay Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alano Foundation Of The South Bay Inc
The Alano Foundation of the South Bay is a dedicated organization that aims to provide housing and meeting room facilities for individuals in the process of recovering from alcoholism. This nonprofit's mission is centered around offering a supportive environment where individuals can focus on their recovery and rebuild their lives. Through its offerings, the Alano Foundation of the South Bay plays a significant role in aiding those grappling with alcohol addiction, offering them the necessary resources to embark on a journey towards sobriety. In 2019, the foundation received a generous donation of $54,010 from the Torrance-Lomita Alano Club, further underscoring its commitment to supporting recovering alcoholics. This contribution was followed by an additional $7,300 in 2022, demonstrating ongoing support for the foundation's mission.
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Impact
August, 2024
Alano Foundation of the South Bay Inc provides essential housing and meeting room facilities for individuals on the path to recovery from alcoholism. The foundation's impact is evident in its ability to offer a supportive environment for those seeking sobriety, fostering a sense of community and healing. Through donations from organizations like the Torrance-Lomita Alano Club, Alano Foundation of the South Bay continues to make a difference in the lives of recovering alcoholics, providing a crucial resource for those in need in the Torrance, CA area.
This information is meant to be a general summary of Alano Foundation Of The South Bay 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: $7,300
Assets and Liabilities:
- Total Assets: $200,426
- Total Liabilities: $0
- Net Assets: $200,426
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Organization Details
Phone
(310) 400-2774Principal Officer
Joe Foti
Main Address
1645 ARLINGTON AVE SUITE B, TORRANCE, CA, 90501
NTEE Category
Code: T20Z - Philanthropy
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