Local 371-Robert Burke Petronella Memorial Scholarship Fund is located in Westport, CT. The organization was established in 1973. 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. Local 371-Robert Burke Petronella Memorial 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 12/2019, Local 371-Robert Burke Petronella Memorial Scholarship Fund generated $31.6k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $30.0k during the year ending 12/2019. While expenses have increased by 0.0% per year over the past 2 years. They've been increasing with an increasing level of total revenue. 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
2019
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS WERE PROVIDED TO 20 QUALIFIED INDIVIDUALS TOWARDS THEIR COLLEGE TUITION.THESE INDIVIDUALS ATTENDED 18 DIFFERENT COLLEGES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Wilkinson Trustee | 1 | $0 | |
Ronald Petronella Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $72 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $31,572 |
| Statement of Expenses | |
|---|---|
| Total expenses | $30,025 |
| Balance Sheet | |
|---|---|
| Total assets | $13,199 |
| Total liabilities | $0 |
| Net assets or fund balances | $13,199 |