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Lieutenants Benevolent Assoc Charitable & Scholarship Fund Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010960059 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Lieutenants Benevolent Assoc Charitable & Scholarship Fund Inc?

The Lieutenants Benevolent Assoc Charitable & Scholarship Fund Inc is a nonprofit organization committed to supporting education and fostering artistic, cultural, and educational growth. It was established to provide scholarships for deserving students and contribute financially to various individuals, groups, institutions, and organizations that share similar objectives. The fund achieves this goal by offering grants, bequests, gifts, or other forms of aid to promote learning and creativity. The organization's mission is to encourage, stimulate, and foster these activities, contributing positively to the communities it serves.


Official website here: www.nypd-lba.org/scholarship-fund/

Is Lieutenants Benevolent Assoc Charitable & Scholarship Fund Inc legitimate?

Lieutenants Benevolent Assoc Charitable & Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lieutenants Benevolent Assoc Charitable & Scholarship Fund Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.nypd-lba.org/scholarship-fund/

What is the mission statement of Lieutenants Benevolent Assoc Charitable & Scholarship Fund Inc?

The Lieutenants Benevolent Association Charitable and Scholarship Fund was established with the mission to establish a scholarship fund for deserving students and to encourage, foster, and promote artistic, cultural, and educational activities. This is accomplished through providing grants, bequests, gifts, or other forms of aid to individuals, groups, institutions, and organizations that align with these objectives.


Official website here: www.nypd-lba.org/scholarship-fund/

Who is the CEO of Lieutenants Benevolent Assoc Charitable & Scholarship Fund Inc?

Louis Turco is the President of Lieutenants Benevolent Assoc Charitable & Scholarship Fund Inc.


Official website here: www.nypd-lba.org/scholarship-fund/

What is the revenue of Lieutenants Benevolent Assoc Charitable & Scholarship Fund Inc?

Lieutenants Benevolent Assoc Charitable & Scholarship Fund Inc's revenue in 2022 was $142,146.


Official website here: www.nypd-lba.org/scholarship-fund/

Who are the executives of Lieutenants Benevolent Assoc Charitable & Scholarship Fund Inc and what are their salaries?


Here are 4 key members and their salaries:


Louis Turco (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Beattie (1St Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Cantelmi (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Swinton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nypd-lba.org/scholarship-fund/

Where can I find the form 990EZ for Lieutenants Benevolent Assoc Charitable & Scholarship Fund Inc?

Lieutenants Benevolent Assoc Charitable & Scholarship Fund Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.nypd-lba.org/scholarship-fund/

Learn more at the official website: www.nypd-lba.org/scholarship-fund/

Mission Statement of Lieutenants Benevolent Assoc Charitable & Scholarship Fund Inc

The Lieutenants Benevolent Assoc Charitable & Scholarship Fund Inc was established with a mission to create a scholarship fund for deserving students and to support, motivate, and advance artistic, cultural, and educational activities. The organization accomplishes this by distributing grants, bequests, gifts, or donations to individuals, groups, institutions, and organizations that align with these objectives. By doing so, the Lieutenants Benevolent Assoc Charitable & Scholarship Fund Inc aims to foster growth and development in various areas, ultimately benefiting a wide range of recipients.

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Impact




October, 2024

Lieutenants Benevolent Assoc Charitable & Scholarship Fund Inc plays a crucial role in supporting the educational aspirations of deserving students while simultaneously promoting artistic, cultural, and educational initiatives in the community. By establishing a scholarship fund, it provides financial assistance to students, facilitating their pursuit of higher education and helping to alleviate the financial burdens associated with it.

Moreover, the organization actively contributes to the cultural landscape by offering grants and resources to various individuals, groups, institutions, and organizations. This support fosters artistic expression and cultural enrichment, creating a vibrant community atmosphere. Through its initiatives, the Fund not only empowers students but also enriches the overall quality of life, making a significant impact in New York and beyond.




This information is meant to be a general summary of Lieutenants Benevolent Assoc Charitable & Scholarship Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$142,146 (2022)
Expenses
$100,822 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7,711
  • Program Service Revenue: $31,927
  • Gross Receipts: $184,100

Assets and Liabilities:

  • Total Assets: $375,730
  • Total Liabilities: $0
  • Net Assets: $375,730

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Organization Details

Principal Officer

Louis Turco

Main Address

40 PECK SLIP, NEW YORK, NY, 10038

NTEE Category

Code: B82 - Education

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