Scholarship Fund Of The Plumbers And Pipefitters Local Union No 74
- Assets
- $268.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 05/1997
- Data as of
- 06/2023
- EIN
- 51-0368359
Organization Overview
Scholarship Fund Of The Plumbers And Pipefitters Local Union No 74 is located in Wilmington, DE. The organization was established in 1997. 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. Scholarship Fund Of The Plumbers And Pipefitters Local Union No 74 is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 06/2023, Scholarship Fund Of The Plumbers And Pipefitters Local Union No 74 generated $117.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $183.1k during the year ending 06/2023. 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
PROVIDES FINANCIAL ASSISTANCE AT COLLEGES AND UNIVERSITIES TO DEPENDENT CHILDREN OF THE MEMBERS OF THE PLUMBERS & PIPEFITTERS LOCAL UNION NO. 74 WHO DEMONSTRATE OUTSTANDING QUALITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael B Hackendorn Union Truste | 2 | $0 | |
Michael S Peet Management T | 2 | $0 | |
Anthony M Papili Union Truste | 2 | $0 | |
Kyle Spence Union Truste | 2 | $0 | |
Terrence M Shannon Management T | 2 | $0 | |
Jeffrey A Sill Management T | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $112,498 |
| Membership dues | $0 |
| Investment income | $4,835 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $73 |
| Total Revenue | $117,406 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $164,486 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,598 |
| Total expenses | $183,084 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $261,088 |
| Other assets | $0 |
| Total assets | $268,136 |
| Total liabilities | $72,375 |
| Net assets or fund balances | $195,761 |