Michigan Bac Community Service And Scholarship Fund
- Assets
- $90.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Warren, MI
- Founding
- 09/2014
- Data as of
- 09/2024
- EIN
- 46-4789072
Organization Overview
Michigan Bac Community Service And Scholarship Fund is located in Warren, MI. The organization was established in 2014. 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. Michigan Bac Community Service And 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 09/2024, Michigan Bac Community Service And Scholarship Fund generated $70.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $47.8k during the year ending 09/2024. While expenses have increased by 4.5% per year over the past 5 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
2024
Describe the Organization's Program Activity:
Part 3
THE MICHIGAN BRICKLAYERS AND ALLIED CRAFTWORKERS COMMUNITY SERVICE AND SCHOLARSHIP FUND IS CRAFTED FOR THE PURPOSE OF MAKING DISTRIBUTIONS IN FURTHERANCE OF CHARITABLE, EDUCATIONAL AND OTHER PURPOSES, ON BEHALF OF THE BRICKLAYERS AND ALLIED CRAFTWORKERS LOCAL NO. 2, IN COMPLIANCE WITH SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Dunford President | 1 | $0 | |
Brett Gierak Trustee | 1 | $0 | |
Chad Morrison Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,405 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,405 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $35,500 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $11,308 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $965 |
| Total expenses | $47,773 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $90,274 |
| Other assets | $0 |
| Total assets | $90,274 |
| Total liabilities | $0 |
| Net assets or fund balances | $90,274 |