Pete And Jameer Nelson Foundation
- Assets
- $6.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bryn Mawr, PA
- Founding
- 11/2009
- Data as of
- 12/2021
- EIN
- 26-4187020
Organization Overview
Pete And Jameer Nelson Foundation is located in Bryn Mawr, PA. The organization was established in 2009. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pete And Jameer Nelson Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION SPONSORS 4 YOUTH (AAU) BASKETBALL TEAMS, STRESSING EDUCATION,PERSONAL GROWTH, AND TEAMWORK. THISSPONSORSHIP ENABLES THE TEAMS TO COMPETE IN TOURNAMENTS
(CONT.) BY FUNDING NOT ONLY THE ENTRY FEES, BUT ALSO UNIFORMS, EQUIPMENT AND RELATED TRAVEL EXPENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jameer Nelson President | 2.5 | $0 | |
Stephen Mountain Vice President | 2.5 | $0 | |
Marc Ost Director | 7.5 | $0 | |
Chris Mcnelis Treasurer/secretary | 5 | $0 | |
Johnny Walker Board Member | 2.5 | $0 | |
Myah Givens Board Member | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,515 |
| Total operating and administrative expenses | $4,515 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $4,515 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,084 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,084 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $3,430 |
| Total liabilities | $3,430 |