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Elyria Charities Inc

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

EIN: 300277860 ✦ Elyria, OH ✦ Designated as a 501(c)(3)

Overview

What is Elyria Charities Inc?

Elyria Charities Inc, located at 134 Kenwood Street, Elyria, Ohio 44035, is a nonprofit organization with a dedicated workforce of two individuals. Their primary mission is to foster higher education in Northeast Ohio. They accomplish this by providing grants to various schools and organizations, which in turn benefit approximately 525,000 individuals annually. Elyria Charities Inc extends its financial support to both educational and health-related organizations in the region, aiming to contribute positively to the community.


Official website here: www.elyriacharities.org

Is Elyria Charities Inc legitimate?

Elyria Charities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elyria Charities 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.

Here are some key statistics you may want to consider:

Executive Compensation: $112,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.elyriacharities.org

What is the mission statement of Elyria Charities Inc?

Elyria Charities Inc, as a philanthropic organization, is committed to providing financial assistance to educational and health institutions across Northeast Ohio. Its mission is to empower these organizations by offering financial support, thereby contributing to the advancement of education and healthcare in the region. In 2022, approximately 525,000 individuals benefited from the grants provided by Elyria Charities Inc, which were utilized for various initiatives, including promoting higher education and establishing an early childhood classroom. The organization's contributions aim to enhance the quality of education and healthcare services in Northeast Ohio.


Official website here: www.elyriacharities.org

Who is the CEO of Elyria Charities Inc?

William T Speidel is the Director, Secretary/Treas. Exe.Dir of Elyria Charities Inc.


Official website here: www.elyriacharities.org

What is the revenue of Elyria Charities Inc?

Elyria Charities Inc's revenue in 2022 was $770,356.


Official website here: www.elyriacharities.org

Who are the executives of Elyria Charities Inc and what are their salaries?

The average compensation at Elyria Charities Inc during 2022 was $56,000. There are 2 employees at Elyria Charities Inc.

Here are 5 key members and their salaries:

    William Speidel (Director, Secretary/Treas. Exe.Dir)
  • Compensation: $58,000
  • Related: $0
  • Other: $0

    • Teri Spiedel (Director/Trustee)
  • Compensation: $54,000
  • Related: $0
  • Other: $0

    • Rachael Speidel (Director/President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Kelly (Director/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Russell Miller (Director/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.elyriacharities.org

    Where can I find the form 990 for Elyria Charities Inc?

    The Elyria Charities Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.elyriacharities.org

    Learn more at the official website: www.elyriacharities.org

    Mission Statement of Elyria Charities Inc

    Elyria Charities Inc, a nonprofit organization, is dedicated to supporting educational and health institutions across Northeast Ohio. Their primary mission is to provide financial aid to these organizations, thereby contributing to the promotion of higher education in the region. In 2022, this philanthropic endeavor benefited approximately 525,000 individuals, extending its reach and impact significantly. One of the noteworthy initiatives undertaken by Elyria Charities Inc was the funding of an early childhood classroom, demonstrating their commitment to nurturing the education of young learners.

    Impact

    This information is meant to be a general summary of Elyria Charities Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Elyria Charities Inc's impact is significant in promoting higher education and supporting health organizations throughout Northeast Ohio. By providing financial support to schools and other organizations, the charity helps enhance educational opportunities for individuals in the region. In 2022, approximately 525,000 people benefited from the grants provided by Elyria Charities, including support for an early childhood classroom. Through its mission of supporting education and health initiatives, Elyria Charities is making a tangible difference in the lives of many individuals in Northeast Ohio.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $6,082
  • Program Service Revenue: $0
  • Gross Receipts: $1,386,870

    • Assets and Liabilities:
  • Total Assets: $1,854,545
  • Total Liabilities: $756
  • Net Assets: $1,853,789
  • Organization Details

    Founding Year

    2004

    Principal Officer

    William T Speidel

    Main Address

    134 KENWOOD STREET, ELYRIA, OH, 44035

    NTEE Category

    Code: P30 - Human services

    If you are a representative of Elyria Charities Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.