Highpoint Community Bank Scholarship Fund
- Assets
- $36.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hastings, MI
- Founding
- 02/2019
- Data as of
- 12/2020
- EIN
- 83-2820495
Organization Overview
Highpoint Community Bank Scholarship Fund is located in Hastings, MI. The organization was established in 2019. 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. Highpoint Community Bank Scholarship Fund 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, Highpoint Community Bank Scholarship Fund generated $881.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (56.4%) each year. All expenses for the organization totaled $4.0k during the year ending 12/2020. 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
ORGANIZATION PROVIDES FUNDING TO AWARD SCHOLARSHIPS TO DESERVING FINANCE STUDENTS PURSUING SECONDARY EDUCATION PROGRAMS.
ORGANIZATION PROVIDES FUNDING TO AWARD SCHOLARSHIPS TO DESERVING FINANCE STUDENTS PURSUING SECONDARY EDUCATION PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randoulph L Teegardin President | 2 | $0 | |
Nancy Goodin VP And Secre | 2 | $0 | |
Amanda Currier Treasurer | 2 | $0 | |
Mark A Kolanowski Vice Preside | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $685 |
| Gain or Loss | $196 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $881 |
| 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 | $0 |
| Total expenses | $4,000 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,519 |
| Other assets | $0 |
| Total assets | $36,519 |
| Total liabilities | $0 |
| Net assets or fund balances | $36,519 |
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