Local 812 Scholarship Fund is located in College Point, NY. The organization was established in 2007. 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. Local 812 Scholarship Fund 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 12/2021, Local 812 Scholarship Fund generated $39.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (19.3%) each year. All expenses for the organization totaled $41.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.4%) per year over the past 5 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDES SCHOLARSHIPS TO DEPENDENTS OF ELIGIBLE ACTIVE AND RETIRED MEMBERS OF IBT LOCAL UNION NO. 812.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Staszewski Trustee | 2 | $0 | |
Joseph Geremina Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $29,570 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $10,010 |
Other Revenue | $0 |
Total Revenue | $39,580 |
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 | $1,053 |
Other expenses | $3,411 |
Total expenses | $41,464 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $109,714 |
Other assets | $0 |
Total assets | $109,714 |
Total liabilities | $0 |
Net assets or fund balances | $109,714 |