Scholarship Committee Incorporated Of The Salem High School Alumni As

Organization Overview

Scholarship Committee Incorporated Of The Salem High School Alumni As is located in Salem, OH. The organization was established in 1943. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2021, Scholarship Committee Incorporated Of The Salem High School Alumni As employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Scholarship Committee Incorporated Of The Salem High School Alumni As 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, Scholarship Committee Incorporated Of The Salem High School Alumni As generated $846.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $555.3k during the year ending 12/2021. While expenses have increased by 2.7% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE GRANTING OF POST-SECONDARY EDUCATION SCHOLARSHIPS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS PROVIDED TO SALEM HIGH SCHOOL GRADUATES ATTENDING POST SECONDARY INSTITUTIONS. SCHOLARSHIPS ARE GRANTED BASED ON ESTABLISHED CRITERIA, AND RECIPIENTS ARE SELECTED BY AN INDEPENDENT COMMITTEE OF THE BOARD OF TRUSTEES.


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Board, Officers & Key Employees

Name (title)Compensation
Frank Zamarelli
President
$0
Madeline Patton Shivers
Secretary
$0
Mickey Cope Weaver
2nd Vice Pre
$0
Wendy L Saltsman CPA
Treasurer
$0
Jean Kiliman Esposito
1st Vice Pre
$0
Mary Winch-Korff
President El
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$375,512
Noncash contributions included in lines 1a–1f $19,050
Total Revenue from Contributions, Gifts, Grants & Similar$375,512
Total Program Service Revenue$10,540
Investment income $199,935
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $260,754
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $846,781

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Scholarship Committee Incorporated Of The Salem High School Alumni As has recieved totaling $541.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$541
View Grant Recipient Profile

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