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General Electric Employees Community Service Fund

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

EIN: 316049266 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

Overview

What is General Electric Employees Community Service Fund?

The General Electric Employees Community Service Fund is a charitable organization established by contributions from GE employees. Its primary purpose is to utilize the generated income for philanthropic activities, specifically by making donations to tax-exempt organizations. The fund, as mentioned in the provided information, has granted funding for the year 2022 to the Mary Magdalen House, alongside other eligible charities. The GE Employees Community Service Fund's mission is to channel employee contributions towards beneficial causes, thereby strengthening the community and promoting social welfare.


Is General Electric Employees Community Service Fund legitimate?

General Electric Employees Community Service Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. General Electric Employees Community Service Fund 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of General Electric Employees Community Service Fund?
Who is the CEO of General Electric Employees Community Service Fund?
What is the revenue of General Electric Employees Community Service Fund?
Who are the executives of General Electric Employees Community Service Fund and what are their salaries?
Where can I find the form 990 for General Electric Employees Community Service Fund?

Mission Statement of General Electric Employees Community Service Fund

The General Electric Employees Community Service Fund is a charitable organization established with the collective contributions of GE employees. Its primary mission is to accumulate and manage funds for charitable purposes. This is accomplished by making contributions to qualified tax-exempt organizations. The fund serves as a platform for channeling the generosity of GE employees towards various philanthropic causes, demonstrating the company's commitment to social responsibility. The General Electric Employees Community Service Fund has granted funding in 2022 to Mary Magdalen House and other deserving organizations, further solidifying its role in supporting community initiatives and uplifting those in need.

Impact

This information is meant to be a general summary of General Electric Employees Community Service Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The General Electric Employees Community Service Fund has a significant impact on the communities it serves through its programs and funding initiatives. By receiving and maintaining funds from personal contributions made by GE employees, the organization is able to support various charitable purposes and contribute to tax-exempt organizations. In 2022, the fund allocated funding to Mary Magdalen House and other organizations, highlighting its commitment to making a difference in society. The fund's mission of utilizing income for charitable purposes underscores its dedication to philanthropy and community service.





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: $553
  • Program Service Revenue: $0
  • Gross Receipts: $2,001,381

    • Assets and Liabilities:
  • Total Assets: $739,607
  • Total Liabilities: $0
  • Net Assets: $739,607
  • Organization Details

    Founding Year

    1959

    Principal Officer

    Stephen Graves

    Main Address

    One Neumann Way, Cincinnati, OH, 45215

    NTEE Category

    Code: T70Z - Philanthropy

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