Mike Geltrude Foundation Inc

Organization Overview

Mike Geltrude Foundation Inc is located in Nutley, NJ. The organization was established in 2006. According to its NTEE Classification (G30) the organization is classified as: Cancer, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mike Geltrude Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Mike Geltrude Foundation Inc generated $70.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $61.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE CORPORATION IS FORMED FOR CHARITABLE, SCIENTIFIC, LITERARY, AND EDUCATIONAL PURPOSES TO SUPPORT EUCATION, AWARENESS, AND RESEARCH OF MALIGNANT MELANOMA AND CREATION OF EDUCATIONAL SCHOLARSHIP PROGRAMS

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANT OF $25,000 WAS AWARDED TO THE PENN STATE UNIVERSITY - MELANOMA RESEARCH. THIS INSTITUTION IS A QUALIFYING ORGANIZATION UNDER THE SECTION 501(C)3 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, OR THE CORRESPONDING PROVISIONS OF ANY SUBSQUENT FEDERAL LAWS.


GRANT OF $1,000 WAS AWARDED TO THE ROBERT LOUNGO ALS FUND. THIS INSTITUTION IS A QUALIFYING ORGANIZATION UNDER SECTION 501(C)3 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, OR THE CORRESPONDING PROVISIONS OF ANY SUBSEQUENT FEDERAL LAWS.


GRANT OF $1,300 WAS AWARDED TO THE TEAM HILL FOUNDATION. THIS INSTITUTION IS A QUALIFYING ORGANIZATION UNDER SECTION 501(C)3 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, OR THE CORRESPONDING PROVISIONS OF ANY SUBSEQUENT FEDERAL LAWS.


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Board, Officers & Key Employees

Name (title)Compensation
Jack Lynch
Pres/director
$0
Salvatore Cocco Jr
Vp/director
$0
Kevin Fiore
Vp/director
$0
Carmella Priolo
Tres/director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$69,337
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$69,337
Total Program Service Revenue$0
Investment income $1,006
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $70,343

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