Oregon Telecommunications Association Scholarship Foundation is located in Salem, OR. The organization was established in 1999. 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. Oregon Telecommunications Association Scholarship Foundation 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 12/2017, Oregon Telecommunications Association Scholarship Foundation generated $11.1k 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 (5.5%) each year. All expenses for the organization totaled $13.0k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by 0.0% per year over the past 3 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
2017
Describe the Organization's Program Activity:
Part 3
OTA SCHOLARSHIP FOUNDATION PROVIDES SCHOLARSHIPS TO QUALIFIED HIGH SCHOOL GRADUATES TO FURTHER THEIR EDUCATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marlene Muhs President | 1 | $0 | |
Geri Fraijo Director | 1 | $0 | |
Kathy Gordon Secretary/treasurer | 1 | $0 | |
Debbie Jewell Director | 1 | $0 | |
Renee Willer Director | 1 | $0 | |
Roselle Potts Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $6,900 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $752 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $3,421 |
Other Revenue | $0 |
Total Revenue | $11,073 |
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 | $1,050 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $921 |
Total expenses | $12,971 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $96,528 |
Other assets | $0 |
Total assets | $96,528 |
Total liabilities | $0 |
Net assets or fund balances | $96,528 |
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