Uerm 87 Foundation Inc is located in Henderson, NV. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Uerm 87 Foundation Inc 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, Uerm 87 Foundation Inc generated $20.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $18.8k during the year ending 12/2022. While expenses have increased by 22.7% per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE ECONOMIC SUPPORT FOR HEALTHCARE NEEDS OF POOR COMMUNITIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Luis Teopengco President | 1 | $0 | |
Dennis B Bernardo Secretary | 1 | $0 | |
Socorro Ureta-Raroque Treasurer | 1 | $0 | |
Paul Jeffrey Parcon Co-Treasurer | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,876 |
| Total Program Service Revenue | $11,662 |
| Membership dues | $6,300 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,840 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $13,646 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,520 |
| Occupancy, rent, utilities, and maintenance | $1,867 |
| Printing, publications, postage, and shipping | $1,717 |
| Other expenses | $0 |
| Total expenses | $18,750 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,168 |
| Other assets | $0 |
| Total assets | $45,168 |
| Total liabilities | $0 |
| Net assets or fund balances | $45,168 |