Vera Arterburn Memorial Scholarship Fund Inc
- Assets
- $46.6k
- Revenue
- $10.0
- Investments
- $0.0
- Employees
- 0
- Location
- Middletown, CT
- Founding
- 07/1996
- Data as of
- 12/2022
- EIN
- 06-1432302
Organization Overview
Vera Arterburn Memorial Scholarship Fund Inc is located in Middletown, CT. The organization was established in 1996. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vera Arterburn Memorial Scholarship 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 12/2022, Vera Arterburn Memorial Scholarship Fund Inc generated $10.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (64.5%) each year. All expenses for the organization totaled $1.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FUND PROVIDES SCHOLARSHIPS TO INDIVIDUALS WHO ARE PURSUING A COURSE OF STUDY IN NURSING OR THE ALLIED HEALTH PROFESSIONS LEADING TO THE DELIVERY OF PATIENT CARE SERVICES TO PATIENTS OF LONG-TERM CARE INSTITUTIONS. THE INDIVIDUAL HAS TO BE A DEGREE CANDIDATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Barrett President | 0.25 | $0 | |
Toni M Fatone Vice President | 0.5 | $0 | |
Richard Brown Treasurer | 1 | $0 | |
Adriana Manning Secretary | 0.5 | $0 | |
John Horstman Director | 0.25 | $0 | |
Gerlinde Kehlenbach Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $10 |
| 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 | $10 |
| 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 | $0 |
| Total operating and administrative expenses | $1,250 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,250 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,912 |
| Savings and temporary cash investments | $1,067 |
| 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 | $1,576 |
| 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 | $46,555 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Vera Arterburn Memorial Scholarship Fund Inc has awarded $7,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
MELISA LATIFI CO GLEN HILL CENTER PURPOSE: SCHOLARSHIP FOR HIGHER EDUCATION IN NURSING | $500 |
ANTOINETTE GDOVIN CO LORD CHAMBERLA PURPOSE: SCHOLARSHIP FOR HIGHER EDUCATION IN NURSING | $500 |
MONICA MARTIN CO WEST HARTFORD HEAL PURPOSE: SCHOLARSHIP FOR HIGHER EDUCATION IN NURSING | $500 |
SHANNON MERRICK CO WESTSIDE CARE CE PURPOSE: SCHOLARSHIP FOR HIGHER EDUCATION IN NURSING | $1,000 |
CHELSY LOPARDO CO SHARON HEALTH CAR PURPOSE: SCHOLARSHIP FOR HIGHER EDUCATION IN NURSING | $500 |
MARINA ODACKAL CO TOUCHPOINTS AT MA PURPOSE: SCHOLARSHIP FOR HIGHER EDUCATION IN NURSING | $1,000 |