Pipefitters Local 274 Scholarship Tr is located in Parsippany, NJ. The organization was established in 2017. 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. Pipefitters Local 274 Scholarship Tr 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, Pipefitters Local 274 Scholarship Tr generated $11.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (26.5%) each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
FOR CHARITABLE AND EDUCATIONAL PURPOSES FOR LOCAL 274 MEMBER'S CHILDREN. TO MAKE AND AWARD DONATIONS, GIFTS, CONTRIBUTIONS, SCHOLARSHIPS AND GRANTS IN SUCH AMOUNTS AND TO SUCH RECIPIENTS AS THE SELECTION COMMITTEE MAY DETERMINE EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Timothy T Curran Trustee | 1 | $0 | |
Chester A Rozmus Trustee | 1 | $0 | |
Edward Driscoll Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $11,715 |
Membership dues | $0 |
Investment income | $15 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $11,730 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $19,000 |
Total expenses | $19,000 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $58,966 |
Other assets | $0 |
Total assets | $58,966 |
Total liabilities | $0 |
Net assets or fund balances | $58,966 |
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