U F C W Severance Pay Fund Local 50-627
- Assets
- $479.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mineola, NY
- Founding
- 08/1972
- Data as of
- 12/2018
- EIN
- 13-6415226
Organization Overview
U F C W Severance Pay Fund Local 50-627 is located in Mineola, NY. The organization was established in 1972. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. U F C W Severance Pay Fund Local 50-627 is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2018, U F C W Severance Pay Fund Local 50-627 generated $21.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $9.7k during the year ending 12/2018. 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
2018
Describe the Organization's Program Activity:
Part 3
TO PROVIDE UNEMPLOYEMENT BENEFITS FOR ELIGIBLE PARTICIPANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Squicciarini Trustee | 1 | $0 | |
Lisa O'leary Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $18,571 |
| Membership dues | $0 |
| Investment income | $2,558 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $21,129 |
| 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 | $4,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,698 |
| Total expenses | $9,698 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $477,046 |
| Other assets | $0 |
| Total assets | $479,897 |
| Total liabilities | $0 |
| Net assets or fund balances | $479,897 |
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