Deputy Chief Raymond Downey Scholarship Charity Fund
- Assets
- $89.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Commack, NY
- Founding
- 01/2003
- Data as of
- 01/2023
- EIN
- 03-0384439
Organization Overview
Deputy Chief Raymond Downey Scholarship Charity Fund is located in Commack, NY. The organization was established in 2003. 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. Deputy Chief Raymond Downey Scholarship Charity 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 01/2023, Deputy Chief Raymond Downey Scholarship Charity Fund generated $100.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $64.7k during the year ending 01/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rosalie Downey President | 1 | $0 | |
Raymond Downey Jr Treasurer | 1 | $0 | |
Charles R Downey Asst Treasur | 3 | $0 | |
Joseph Downey Vice Pres. | 2 | $0 | |
Vincent Dispasquale Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,253 |
| 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 | $100,253 |
| 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 | $1,075 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,080 |
| Other expenses | $32,001 |
| Total expenses | $64,736 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $89,155 |
| Other assets | $0 |
| Total assets | $89,155 |
| Total liabilities | $0 |
| Net assets or fund balances | $89,155 |