Quaker Ridge Employee Charity Fund Inc
- Assets
- $182.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Scarsdale, NY
- Founding
- 10/2015
- Data as of
- 12/2022
- EIN
- 47-4039293
Organization Overview
Quaker Ridge Employee Charity Fund Inc is located in Scarsdale, NY. The organization was established in 2015. 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. Quaker Ridge Employee Charity Fund Inc 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 12/2022, Quaker Ridge Employee Charity Fund Inc generated $91.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $91.7k during the year ending 12/2022. 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
THE MISSION OF THE QUAKER RIDGE EMPLOYEE CHARITY FUND, INC. (THE "FUND") IS TO CREATE, FORM AND ESTABLISH A SCHOLARSHIP FUND TO BENEFIT EMPLOYEES AND/OR THE EMPLOYEES' FAMILIES OF THE QUAKER RIDGE GOLF CLUB AND OTHER GOLF CLUBS IN WESTCHESTER COUNTY; TO PROVIDE FINANCIAL ASSISTANCE, TO PROMOTE, FOSTER AND ENCOURAGE SCHOLASTIC ACHIEVEMENT, EDUCATIONAL EXCELLENCE AND INTELLECTUAL ADVANCEMENT BY PROVIDING FUNDS FOR CONTINUING EDUCATION; TO AID, ENCOURAGE, STIMULATE, FOSTER AND PROMOTE EDUCATIONAL DEVELOPMENT THROUGH GRANTS, STIPENDS, SCHOLORSHIPS AND FINANCIAL ASSISTANCE TO DESERVING STUDENTS; TO PROVIDE FINANCIAL ASSISTANCE TO THE EMPLOYEES, VOLUNTEERS AND FAMILY MEMBERS OF THE SCARSDALE FIRE DEPARTMENT, SCARSDALE POLICE DEPARTMENT AND OTHER ORGAIZATIONS THAT PROVIDE EMERGENCY SERVICES TO THE QUAKER RIDGE GOLF CLUB AND THE SURROUNDING AREA; TO SOLICIT DONATIONS FROM INTERESTED INDIVIDUALS, CHARITABLE AND EDUCATIONAL ORGANIZATIONS, CORPORATIONS, AGENCIES AND OTHER INTERESTED INTUITIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Spiegel President | 1 | $0 | |
Mark Hauser Treasurer | 1 | $0 | |
Robert Musich Secretary | 1 | $0 | |
Jeffrey Shapiro Director | 1 | $0 | |
Jeffrey Golenbock Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,150 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,703 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $91,853 |
| 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 | $2,200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $69 |
| Total expenses | $91,656 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $182,429 |
| Other assets | $0 |
| Total assets | $182,429 |
| Total liabilities | $0 |
| Net assets or fund balances | $182,429 |