Local 295 851 Scholarship Fund
- Assets
- $260.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Valley Stream, NY
- Founding
- 03/2011
- Data as of
- 12/2023
- EIN
- 65-1274724
Organization Overview
Local 295 851 Scholarship Fund is located in Valley Stream, NY. The organization was established in 2011. 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 295 851 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, Local 295 851 Scholarship Fund generated $63.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $57.7k during the year ending 12/2023. While expenses have increased by 0.0% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
TO AWARD SCHOLARSHIPS TO DESERVING COLLEGE STUDENTS THAT ARE DEPENDENTS OF LOCAL 295 INTERNATIONAL BROTHERHOOD OF TEAMSTERS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Valerie Orsaris Trustee | 1 | $0 | |
Louis Calemine Trustee | 1 | $0 | |
Vincent Bruno Trustee | 1 | $0 | |
Jack Ruggiero Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,200 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,580 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $63,780 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $710 |
| Other expenses | $2,951 |
| Total expenses | $57,661 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $260,921 |
| Other assets | $0 |
| Total assets | $260,921 |
| Total liabilities | $0 |
| Net assets or fund balances | $260,921 |