Gte Federal Credit Union Charitable Tr 11142002 is located in Tampa, FL. The organization was established in 2003. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Gte Federal Credit Union Charitable Tr 11142002 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, Gte Federal Credit Union Charitable Tr 11142002 generated $87.1k 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 (5.5%) each year. All expenses for the organization totaled $162.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Gte Federal Credit Union Charitable Tr 11142002 has awarded 326 individual grants totaling $1,561,685. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED $2,500 SCHOLARSHIPS TO 24 GTE FINANCIAL STUDENT MEMBERS TO SUPPORT EDUCATION AND REWARD YOUNG ADULTS WHO ARE DEDICATED TO ACEDEMIC PURSUITS AND COMMUNITY INVOLVEMENT. EXPENSES INCURRED IN CONNECTION WITH THIS ACTIVITY APPROXIMATED $30,970.
PROVIDED $15,000 TO THE YMCA- CAMPO. THIS CHARITABLE ORGANIZATION'S MISSION IS TO PUT JUDEO-CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND, AND BODY FOR ALL. YMCA- CAMPO SERVES HILLSBOROUGH AND EAST PASCO COUNTIES. THE CAMPO FAMILY YMCA SERVES SOUTH BRANDON, VALRICO, BLOOMINGDALE, AND FISH HAWK. THESE FUNDS WILL AID IN MAKING IMPROVEMENTS TO THE YOUTH ZONE AT THE CAMPO FAMILY YMCA.
EAST AREA ADULT SCHOOL RECEIVED $11,450. THIS CHARITABLE ORGANIZATION'S MISSION IS TO PROVIDE RIGOROUS AND RELEVANT LEARNING EXPERIENCES WHICH SERVE THE EDUCATION NEEDS OF ADULTS THROUGH LITERACY, HIGH SCHOOL COMPLETION, WORKFORCE PREPARATION, PERSONAL ENRICHMENT, AND TECHNOLOGY. EAST AREA ADULT SCHOOL SERVES THE EAST SIDE OF POLK COUNTY WITH MANY SATELLITE LOCALES IN THE NEEDIEST NEIGHBORHOODS. THEY PROVIDE SCHOLARSHIPS FOR STUDENTS WHO GO ON TO ATTEND TRAVIS OR RIDGE TECHNICAL COLLEGE.
ENTERPRISING LATINAS, INC RECEIVED $10,000. THIS CHARITABLE ORGANIZATION'S MISSION IS TO CREATE PATHWAYS OF OPPORTUNITIES FOR LATINAS IN TAMPA BAY. ENTERPRISING LATINAS SERVES MAINLY TAMPA BAY, BUT ALSO FOCUSES ON THE PREDOMINANT LOW-INCOME AGRICULTURAL COMMUNITY OF WIMAUMA, FLORIDA IN SOUTH HILLSBOROUGH COUNTY. THEY USE THESE FUNDS IN CONJUNCTION WITH OTHER GRANT MONIES RAISED TO SUPPORT, OVER THE COURSE OF ONE YEAR, APPROXIMATELY 15 LOANS OF AN AVERAGE OF $2,000 EACH. THESE LOANS ARE EXPECTED TO BE PAID BACK WITHIN 6-12 MONTHS, AT ZERO INTEREST.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Vickie Thompson Chair | 1 | $0 | |
Brian Best Trustee | 1 | $0 | |
Mandy Zurbrick Trustee | 1 | $0 | |
Brad Baker Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $30,523 |
Interest on Savings | $57 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $3,750 |
Profit on Inventory Sales | $0 |
Other Income | $56,530 |
Total Revenue | $87,110 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $34,734 |
Total operating and administrative expenses | $34,734 |
Contributions, gifts, grants paid | $127,700 |
Total expenses and disbursements | $162,434 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
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 | $0 |
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 |
Over the last fiscal year, Gte Federal Credit Union Charitable Tr 11142002 has awarded $127,700 in support to 17 organizations.
Grant Recipient | Amount |
---|---|
EAST AREA ADULT SCHOOL PURPOSE: SCHOLARSHIP | $11,450 |
FUND FOR CHARITABLE DEVELOPMENT PURPOSE: FINANCIAL SUPPORT | $10,000 |
HOPE VILLAGES OF AMERICA PURPOSE: FINANCIAL SUPPORT | $7,500 |
ENTERPRISING LATINAS INC PURPOSE: FINANCIAL SUPPORT | $10,000 |
FLORIDA STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $10,000 |
GEORGIA INSTITUE OF TECHNOLOGY PURPOSE: SCHOLARSHIP | $2,500 |