Rhode Island Carpenters Scholarship Fund
- Assets
- $287.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Warwick, RI
- Founding
- 03/1989
- Data as of
- 12/2023
- EIN
- 05-0436957
Organization Overview
Rhode Island Carpenters Scholarship Fund is located in Warwick, RI. The organization was established in 1989. 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. Rhode Island Carpenters 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 12/2023, Rhode Island Carpenters Scholarship Fund generated $1.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (41.4%) each year. All expenses for the organization totaled $32.4k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
FOR THE PURPOSE OF PROVIDING EDUCATIONAL BENEFITS TO THE ELIGIBLE DEPENDENTS OF ELIGIBLE MEMBERS. THE NUMBER OF APPLICANTS AWARDED SCHOLARSHIPS WAS 16 AND RANGED IN AMOUNT FROM $600 TO $1,600.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Elgar Trustee | 1 | $0 | |
Robert Morris Trustee | 1 | $0 | |
Michael Holmes Chairman | 1 | $0 | |
Matthew Medeiros Trustee | 1 | $0 | |
Zachary Mcquesten Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,068 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,068 |
| 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 | $9,125 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $23,232 |
| Total expenses | $32,357 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $287,916 |
| Other assets | $0 |
| Total assets | $287,916 |
| Total liabilities | $0 |
| Net assets or fund balances | $287,916 |