L Robert And Della M Nessler Memorial Scholarship Charitable
- Assets
- $0.0
- Revenue
- $21.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Rochester, NY
- Founding
- Data as of
- 12/2022
- EIN
- 84-6813423
Organization Overview
L Robert And Della M Nessler Memorial Scholarship Charitable is located in Rochester, NY. 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. L Robert And Della M Nessler Memorial Scholarship Charitable 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, L Robert And Della M Nessler Memorial Scholarship Charitable generated $21.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (47.4%) each year. All expenses for the organization totaled $114.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas Hendee Trustee | 10 | $0 | |
Vanessa I Valez-Rivera Trustee | 10 | $7,000 | |
Scott Schwind Trustee | 10 | $7,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $13,884 |
| Dividends & Interest | $92,941 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$84,990 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $21,835 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $14,000 |
| 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 | $656 |
| Total operating and administrative expenses | $16,479 |
| Contributions, gifts, grants paid | $98,000 |
| Total expenses and disbursements | $114,479 |
| 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 |
Grants Awarded
Over the last fiscal year, L Robert And Della M Nessler Memorial Scholarship Charitable has awarded $100,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ROCHESTER CHILDFIRST NETWORK PURPOSE: PROVIDE SCHOLARSHIPS AND AID TO INDIVIDUALS FOR EDUCATION. MANY INDIVIDUALS BENEFITTED FROM THIS PROJECT | $60,000 |
ROCHESTER CHILDRENS SCHOLARSHIP FUND INC PURPOSE: PROVIDE SCHOLARSHIPS AND AID TO INDIVIDUALS FOR EDUCATION. MANY INDIVIDUALS BENEFITTED FROM THIS PROJECT | $40,000 |