Union Third Division Peterson Education Institute is located in Mc Cormick, SC. The organization was established in 1980. According to its NTEE Classification (B40) the organization is classified as: Higher Education, 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. Union Third Division Peterson Education Institute 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 12/2020, Union Third Division Peterson Education Institute generated $13.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $9.4k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (13.3%) per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
AWARDED FINANCIAL AID AND SCHOLARSHIPS TO 49 STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Henry Merriweather Moderator | 1 | $0 | |
Keith Gordon Vice Moderator | 1 | $0 | |
Joe Bennett Assistant Secretary | 1 | $0 | |
Verda Musier Secretary | 1 | $0 | |
Mack Ryans Treasurer | 1 | $0 | |
Willie Outzs Assistant Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $6,235 |
Total Program Service Revenue | $0 |
Membership dues | $4,235 |
Investment income | $3,123 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $13,593 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $1,582 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $500 |
Occupancy, rent, utilities, and maintenance | $597 |
Printing, publications, postage, and shipping | $75 |
Other expenses | $6,671 |
Total expenses | $9,425 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $200,469 |
Other assets | $0 |
Total assets | $204,669 |
Total liabilities | $0 |
Net assets or fund balances | $204,669 |
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Union Third Division Peterson Education Institute Mc Cormick, SC | $204,669 | $0 |