Joliet Memorial Band Endowment Fund Inc is located in New Lenox, IL. The organization was established in 1999. According to its NTEE Classification (W11) the organization is classified as: Single Organization Support, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Joliet Memorial Band Endowment Fund 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 07/2022, Joliet Memorial Band Endowment Fund Inc generated $32.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $18.5k during the year ending 07/2022. While expenses have increased by 12.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE SUPPORT TO THE JOLIET AMERICAN LEGION BAND WHEN NEEDED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph Zolecki Director | 1 | $0 | |
John Cryder Treasurer | 1 | $0 | |
Edward Periu President | 1 | $0 | |
James Harmon Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $27,564 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $32,564 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $10 |
Total expenses | $18,510 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $417,485 |
Other assets | $0 |
Total assets | $417,485 |
Total liabilities | $0 |
Net assets or fund balances | $417,485 |
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