Local 812 Scholarship Fund
- Assets
- $109.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- College Point, NY
- Founding
- 06/2007
- Data as of
- 12/2021
- EIN
- 20-0909204
Organization Overview
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 7 years, the organization has seen revenues fall by an average of (14.2%) 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 (6.8%) per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Staszewski Trustee | 2 | $0 | |
Joseph Geremina Trustee | 2 | $0 |
Financial Statements
| 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 |
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|---|---|---|
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