Bricklayers And Allied Craft Workers Local 1 Scholarship And
- Assets
- $50.3k
- Revenue
- $86.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Long Island City, NY
- Founding
- 03/2008
- Data as of
- 12/2022
- EIN
- 65-1297707
Organization Overview
Bricklayers And Allied Craft Workers Local 1 Scholarship And is located in Long Island City, NY. The organization was established in 2008. 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. Bricklayers And Allied Craft Workers Local 1 Scholarship And 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, Bricklayers And Allied Craft Workers Local 1 Scholarship And generated $86.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $92.4k during the year ending 12/2022. While expenses have increased by 3.8% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE, FOSTER & ENCOURAGE SCHOLASTIC ACHIEVEMENT, EDUCATIONAL EXCELLENCE & INTELLECTUAL ADVANCEMENT BY PROVIDING SCHOLARSHIPS TO DESERVING STUDENTS OF MEMBERS OF BRICKLAYERS & ALLIED CRAFTWORKERS LU #1 IN GOOD STANDING & TO MAKE DONATIONS TO CHARITABLE CAUSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION TO OTHER CHARITABLE ORGANIZATIONS IN FURTHERANCE OF THE ORGANIZATION'S INTENDED PURPOSE.
SCHOLARSHIP AWARDS GIVEN TO STUDENTS RELATED TO MEMBERS IN GOOD STANDING OF THE BRICKLAYERS & ALLIED CRAFTWORKERS LOCAL UNION NO. 1.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Argila Director/presid | OfficerTrustee | 2 | $0 |
Anthony Lacava Dir/secr-Treas | OfficerTrustee | 2 | $0 |
Lawrence Crovatto Director | Trustee | 1 | $0 |
Michael Barbera Director | Trustee | 1 | $0 |
John Cucciarella Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $55,077 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $31,670 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,747 |
| Total Program Service Revenue | $0 |
| Investment income | $11 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $86,758 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $51,670 |
| Grants and other assistance to domestic individuals. | $29,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $92,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $23,286 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $27,001 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $50,287 |
| Accounts payable and accrued expenses | $1,500 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,500 |
| Net assets without donor restrictions | $41,112 |
| Net assets with donor restrictions | $7,675 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $50,287 |
Grants Awarded
Over the last fiscal year, Bricklayers And Allied Craft Workers Local 1 Scholarship And has awarded $41,170 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BAC DISASTER RELIEF FUND | | | $15,170 |
BAC LOCAL UNION NO 1 | | | $16,000 |
MUSCULAR DYSTROPHY ASSOCIATIO | | | $10,000 |