Union Benevolent Association
- Assets
- $4.9m
- Revenue
- $479.2k
- Investments
- $4.3m
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 08/1937
- Data as of
- 12/2022
- EIN
- 23-1360861
Organization Overview
Union Benevolent Association is located in Philadelphia, PA. The organization was established in 1937. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Union Benevolent Association 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 12/2022, Union Benevolent Association generated $479.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $375.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Union Benevolent Association has awarded 474 individual grants totaling $2,040,575. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sigrid Lundby President | 2 | $0 | |
David R Fair Vice President | 2 | $0 | |
Shawn Mcgill Treasurer | 1 | $0 | |
Dynah Haubert Secretary | 2 | $0 | |
Monique Curry-Mims Board Member | 2 | $0 | |
Tivoni Devor Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,562 |
| Interest on Savings | $0 |
| Dividends & Interest | $93,313 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $377,371 |
| Capital Gain Net Income | $377,371 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $479,246 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,012 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,808 |
| Total operating and administrative expenses | $46,622 |
| Contributions, gifts, grants paid | $328,500 |
| Total expenses and disbursements | $375,122 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,535 |
| Savings and temporary cash investments | $555,599 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,949,406 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Union Benevolent Association has awarded $363,500 in support to 44 organizations.
| Grant Recipient | Amount |
|---|---|
ACHIEVEABILITY CONNECTS PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
AFFORDABLE HOUSING CENTERS OF PENNSYLVANIA PURPOSE: GENERAL OPERATING SUPPORT | $8,000 |
AFRICAN CULTURAL ALLIANCE OF NORTH AMERICA PURPOSE: GENERAL OPERATING SUPPORT | $6,000 |
AFRICAN FAMILY HEALTH ORGANIZATION PURPOSE: GENERAL OPERATING SUPPORT | $20,000 |
AIDS LAW PROJECT OF PENNSYLVANIA PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
BROAD STREET MINISTRY PURPOSE: GENERAL OPERATING SUPPORT | $7,000 |