Union Mutual Foundation
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tenafly, NJ
- Founding
- 04/1984
- Data as of
- 12/2023
- EIN
- 23-7358092
Organization Overview
Union Mutual Foundation is located in Tenafly, NJ. The organization was established in 1984. 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 Mutual 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 12/2023, Union Mutual Foundation generated $5.7k 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 (25.7%) each year. All expenses for the organization totaled $30.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (20.3%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
RESEARCH, PREPARATION, PRINTING, AND DISTRIBUTION OF A MONTHLY NEWSLETTER THAT REPORTS NEWS BRIEFS AND CUTTING EDGE MEDICAL INFORMATION OF INTEREST TO RETIRED PERSONS. IT IS HOPED THAT THE KNOWLEDGE GAINED FROM THIS NEWSLETTER WILL ENHANCE AND PROLONG THE LIVES OF ITS READERS BY MANY YEARS BY MAKING THEM MORE INFORMED ABOUT NUTRITION, AREAS OF CURRENT RESEARCH, AND NEW PROCEDURES THAT MAY AFFECT THEIR LIVES. THE FOUNDATION CEASED OPERATIONS ON DECEMBER 1, 2023.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stanley Gollins Trustee | 1 | $500 | |
Aurea Medina Trustee | 1 | $500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $612 |
| Gain or Loss | -$944 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,668 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,000 |
| Professional fees and other payments to independent contractors | $23,924 |
| Occupancy, rent, utilities, and maintenance | $2,174 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,025 |
| Total expenses | $30,123 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |