Teamsters Union Local No 710 Scholarship Fund
- Assets
- $16.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mokena, IL
- Founding
- Data as of
- 12/2021
- EIN
- 84-4788416
Organization Overview
Teamsters Union Local No 710 Scholarship Fund is located in Mokena, IL. 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. Teamsters Union Local No 710 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 12/2021, Teamsters Union Local No 710 Scholarship Fund generated $17.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (55.2%) each year. All expenses for the organization totaled $53.3k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
FUND SCHOLARSHIPS FOR THE DEPENDENTS OF TEAMSTERS LOCAL UNION NO. 710 MEMBERS IN GOOD STANDING SO THAT THEY MAY ATTEND ACCREDITED COLLEGES, UNIVERSITIES, AND TRADE SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Burcham Director - Chair | 1 | $0 | |
John Rule Director | 1 | $0 | |
Robert Downey Director | 1 | $0 | |
Philip Reams Director | 1 | $0 | |
Neil Mckinney President | 1 | $0 | |
Joy Petrusich Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,865 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $17,865 |
| 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 | $250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $200 |
| Other expenses | $76 |
| Total expenses | $53,252 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,676 |
| Other assets | $0 |
| Total assets | $16,676 |
| Total liabilities | $0 |
| Net assets or fund balances | $16,676 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Teamsters Union Local No 710 Scholarship Fund has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
International Brotherhood Of Teamsters Mokena, IL PURPOSE: GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |
Alfred I Dupont Awards Foundation Chicago, IL | $0 | $4,985,997 |
Accenture Foundation Inc Chicago, IL | $134,926,823 | $15,596,009 |
Rooted Alliance Inc Chicago, IL | $2,335,555 | $4,487,602 |
Rsm Us Foundation Davenport, IA | $13,920,904 | $7,669,329 |
Cleveland Avenue Foundation For Education Group Chicago, IL | $12,236,345 | $15,309,295 |
Western Illinois Regional Council Community Action Agency Macomb, IL | $2,081,443 | $6,378,655 |
Pleasant T Rowland Foundation Brookfield, WI | $94,312,384 | $11,804,849 |
Catholic Education Foundation Inc Louisville, KY | $34,954,329 | $8,681,774 |
Guaranteed Rate Foundation Nfp Chicago, IL | $1,798,790 | $5,812,096 |
Foundation For The Realization Of Human Potential Nfp Chicago, IL | $6,540,045 | $5,725,099 |