Local Union No 1556 Scholarship Fund
- Assets
- $207.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- Data as of
- 06/2022
- EIN
- 46-0743713
Organization Overview
Local Union No 1556 Scholarship Fund is located in New York, NY. 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 Union No 1556 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 06/2022, Local Union No 1556 Scholarship Fund generated $61.2k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $61.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 3 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE EDUCATIONAL SCHOLARSHIPS AND GRANTS TO THE CHILD OR CHILDREN OF MEMBERS OF THE INTERNATIONAL BROTHERHOOD OF CARPENTERS AND JOINERS OF AMERICA LOCAL UNION NO. 1556.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Mclauglin Trustee | 1 | $0 | |
Carl Zanchelli Trustee | 1 | $0 | |
Thomas King Trustee | 1 | $0 | |
Adam Harkin Trustee | 1 | $0 | |
Robert Rieche Trustee | 1 | $0 | |
Victor Saume Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $61,246 |
| Other Revenue | $0 |
| Total Revenue | $61,246 |
| 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 | $11,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,457 |
| Other expenses | $6,050 |
| Total expenses | $61,757 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $207,614 |
| Other assets | $0 |
| Total assets | $207,614 |
| Total liabilities | $155,908 |
| Net assets or fund balances | $51,706 |