Toledo Classic Inc Dba Marathon Classi

Marathon Classic

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

EIN: 341499072 ✦ Toledo, OH ✦ Designated as a 501(c)(3)

Overview

What is Toledo Classic Inc Dba Marathon Classi?

Toledo Classic Inc, doing business as Marathon Classic, is a nonprofit organization situated in Toledo, Ohio. Their primary activity involves hosting the annual Marathon Classic golf tournament. The net revenues surpassing any undistributed tournament equity from this event are then allocated to various charitable organizations within the Toledo area, serving charitable purposes. The organization operates with a team of nine individuals, contributing to the betterment of the local community.


Official website here: www.marathonclassic.com

Is Toledo Classic Inc Dba Marathon Classi legitimate?

Toledo Classic Inc Dba Marathon Classi is a legitimate nonprofit organization registered as a 501(c)(3) entity. Toledo Classic Inc Dba Marathon Classi 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: $316,710
Professional Fundraising Fees: $0
Other Salaries and Wages: $311,302

For more financial information, click here


Official website here: www.marathonclassic.com

What is the mission statement of Toledo Classic Inc Dba Marathon Classi?

The Toledo Classic Inc, operating under the name Marathon Classic, is primarily known for conducting the Marathon Classic event. The primary objective of this event is to generate net proceeds, which are then distributed to various charitable organizations in the Toledo area. These charitable funds are intended for use towards charitable purposes. In the case of the 2022 Marathon Classic Ladies Professional Golf Association tournament, the net revenues in excess of undistributed tournament equity were distributed to several charitable organizations in the Toledo area. Essentially, the Toledo Classic Inc plays a significant role in channeling resources towards charitable causes within their local community.


Official website here: www.marathonclassic.com

Who is the CEO of Toledo Classic Inc Dba Marathon Classi?

Judd Silverman is the Director of Toledo Classic Inc Dba Marathon Classi.


Official website here: www.marathonclassic.com

What is the revenue of Toledo Classic Inc Dba Marathon Classi?

Toledo Classic Inc Dba Marathon Classi's revenue in 2022 was $5,711,148.


Official website here: www.marathonclassic.com

Who are the executives of Toledo Classic Inc Dba Marathon Classi and what are their salaries?

The average compensation at Toledo Classic Inc Dba Marathon Classi during 2022 was $69,779. There are 9 employees and 700 volunteers at Toledo Classic Inc Dba Marathon Classi.

Here are 27 key members and their salaries:

    Judd Silverman (President) [Trustee/Director]
  • Compensation: $301,154
  • Related: $0
  • Other: $28,519

    • Kurt Manz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sydney Spraw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marc Stockwell (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Poturalski (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tony Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Collins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Geiger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Cole (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharon Gillespie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jamie Happ (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Kasper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Knierim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Kornowa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gayle Lampkowski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Weidner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Rice (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dirk Vanheyst (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Don Rettig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brad Mefferd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Schueller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Gerken (Chairman Of The Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Gwyn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Denman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Gurcsik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Loss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.marathonclassic.com

    Where can I find the form 990 for Toledo Classic Inc Dba Marathon Classi?

    The Toledo Classic Inc Dba Marathon Classi’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.marathonclassic.com

    Learn more at the official website: www.marathonclassic.com

    Mission Statement of Toledo Classic Inc Dba Marathon Classi

    Toledo Classic Inc Dba Marathon Classic is an organization with a mission to conduct the Marathon Classic. This event serves as a platform for raising funds, with the net proceeds being distributed to various children's charities in the Toledo area. These charitable funds are intended for use in supporting charitable purposes, thereby contributing to the betterment of the local community's children. In the recent 2022 Marathon Classic Ladies Professional Golf Association tournament, net revenues in excess of undistributed tournament equity were distributed to these charitable organizations, further underscoring Toledo Classic Inc Dba Marathon Classic's commitment to supporting children's charities in the Toledo area.

    Impact

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




    Thursday, August 15, 2024

    Toledo Classic Inc Dba Marathon Classi's impact can be seen through its annual event, the Marathon Classic. The net proceeds from this event are distributed to Toledo area children's charities for charitable purposes. This means that the organization is able to positively impact the lives of children in the Toledo community by providing support and resources through the funds generated from the Marathon Classic. Through their efforts, Toledo Classic Inc Dba Marathon Classi is able to make a meaningful difference in the lives of children and contribute to the well-being of the local community.





    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: $14,903
  • Program Service Revenue: $5,696,245
  • Gross Receipts: $5,711,148

    • Assets and Liabilities:
  • Total Assets: $1,236,342
  • Total Liabilities: $400,000
  • Net Assets: $836,342
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    GOLF TOURNAMENT

    Revenue

    $5,696,245

    Organization Details

    Founding Year

    1984

    Principal Officer

    Judd Silverman

    Main Address

    3400 EXECUTIVE PKWY STE 1A, TOLEDO, OH, 43606

    NTEE Category

    Code: N70 - Recreation

    If you are a representative of Toledo Classic Inc Dba Marathon Classi 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.