Universal Metal Products Employee Foundation Inc is located in Wickliffe, OH. The organization was established in 2004. According to its NTEE Classification (T30) the organization is classified as: Public 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. Universal Metal Products Employee 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 12/2023, Universal Metal Products Employee Foundation Inc generated $8.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $7.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.6%) per year over the past 6 years. 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
2023
Describe the Organization's Program Activity:
Part 3
BEYOND SERVING AS AN ENTITY THROUGH WHICH EMPLOYEES OF UNIVERSAL METAL PRODUCTS POOL THEIR PAYROLL DEDUCTIONS TO CONTRIBUTE TO VARIOUS CHARITABLE ENTITIES, THE FOUNDATION ALSO SERVES AS A FOCAL POINT TO COORDINATE EMPLOYEE CHARITABLE ACTIVITIES THROUGHOUT THE YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Hugh Scott Seaholm President | 0.5 | $0 | |
Francine Tiedman Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $8,813 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $8,813 |
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 | $975 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $7,217 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $9,855 |
Other assets | $0 |
Total assets | $9,855 |
Total liabilities | $0 |
Net assets or fund balances | $9,855 |