Local 15 Operating Engineers Scholarship Fund
- Assets
- $33.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Long Island City, NY
- Founding
- 08/2010
- Data as of
- 06/2023
- EIN
- 26-4778236
Organization Overview
Local 15 Operating Engineers Scholarship Fund is located in Long Island City, NY. The organization was established in 2010. 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 15 Operating Engineers 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 06/2023, Local 15 Operating Engineers Scholarship Fund generated $136.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $114.6k during the year ending 06/2023. While expenses have increased by 14.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE SCHOLARSHIPS TO ELIGIBLE CHILDREN OF MEMBERS OF THE INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 15, 15A, 15B, 15C, 15D, 15G, 15H, AFL-CIO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James T Callahan Chairman | 0.25 | $0 | |
Thomas A Callahan Director | 0.25 | $0 | |
William Tyson Director | 0.25 | $0 | |
Michael Salgo Director | 0.25 | $0 | |
Christopher Thomas President | 0.25 | $0 | |
John Mcnamara Vice President | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $120,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $67 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $16,010 |
| Other Revenue | $0 |
| Total Revenue | $136,077 |
| 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 | $9,010 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $13,361 |
| Other expenses | $0 |
| Total expenses | $114,621 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,419 |
| Other assets | $0 |
| Total assets | $33,419 |
| Total liabilities | $9,010 |
| Net assets or fund balances | $24,409 |