Ibew Local 41 Charitable Foundation Inc is located in Orchard Park, NY. The organization was established in 2016. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ibew Local 41 Charitable Foundation 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, Ibew Local 41 Charitable Foundation Inc generated $70.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $63.8k during the year ending 12/2022. While expenses have increased by 4.3% per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
CHARITABLE FUNDRAISING ORGANIZATION IN SUPPORT OF WESTERN NEW YORK CHARITIES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher M Bove Director | 0.5 | $0 | |
Matthew M Gaiser Director | 0.5 | $0 | |
Gregory R Inglut Director | 0.5 | $0 | |
James F Devany Director | 0.5 | $0 | |
James P Chmura Director | 0.5 | $0 | |
Nicholas Peters Director | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,791 |
| 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 | $70,791 |
| 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 | $1,100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $62,655 |
| Total expenses | $63,755 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,456 |
| Other assets | $0 |
| Total assets | $30,456 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,456 |