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Quincy Retired Teachers Association Scholarship Fund Inc

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

EIN: 042686298 ✦ Walpole, MA ✦ Designated as a 501(c)(3)

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Overview

What is Quincy Retired Teachers Association Scholarship Fund Inc?

The Quincy Retired Teachers Association Scholarship Fund Inc, situated in Walpole, MA, is a charitable organization dedicated to supporting the educational aspirations of graduating seniors from public high schools in Quincy, MA. Their primary mission is to provide financial assistance in the form of scholarships, aiming to alleviate some of the financial burdens associated with higher education. This nonprofit organization plays a significant role in fostering educational opportunities for deserving students in the Quincy community.

Is Quincy Retired Teachers Association Scholarship Fund Inc legitimate?

Quincy Retired Teachers Association Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Quincy Retired Teachers Association Scholarship Fund Inc submitted a form 990, 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Quincy Retired Teachers Association Scholarship Fund Inc?

The Quincy Retired Teachers Association Scholarship Fund Inc is dedicated to providing financial aid to deserving graduating seniors hailing from the public high schools within Quincy, Massachusetts. This organization's mission is centered around offering scholarships, aiming to support the educational aspirations of young individuals in their transition towards higher education. By granting these scholarships, the Quincy Retired Teachers Association Scholarship Fund Inc aims to contribute to the community's future leaders and intellectuals. The program operates out of Walpole, MA, but its focus remains on supporting students from Quincy's public high schools.

Who is the CEO of Quincy Retired Teachers Association Scholarship Fund Inc?

George Umscheid is the Director of Quincy Retired Teachers Association Scholarship Fund Inc.

What is the revenue of Quincy Retired Teachers Association Scholarship Fund Inc?

Quincy Retired Teachers Association Scholarship Fund Inc's revenue in 2022 was $90,668.

Who are the executives of Quincy Retired Teachers Association Scholarship Fund Inc and what are their salaries?


Here are 10 key members and their salaries:


Margaret Brownell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gayle Macdonald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita Mckenna (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret O'Neill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Umscheid (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maragaret Walker (Recording Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Lew-Hanson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Foster (Corresponding Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judith Gorin (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Barrett (President, Qrta Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Quincy Retired Teachers Association Scholarship Fund Inc?

Quincy Retired Teachers Association Scholarship Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Quincy Retired Teachers Association Scholarship Fund Inc

The Quincy Retired Teachers Association Scholarship Fund, as its name suggests, is an organization committed to providing scholarships for deserving graduating seniors hailing from the public high schools located within Quincy, Massachusetts. This nonprofit body's primary mission is to financially support these students, enabling them to pursue higher education after completing their high school journey. By providing scholarships, the Quincy Retired Teachers Association Scholarship Fund contributes to the overall development of the community by fostering education and knowledge, thereby empowering the youth to build a better future for themselves. This initiative not only benefits the individual recipients but also contributes to the broader societal progress, as educated individuals often contribute positively to their communities and the world at large.

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Impact




October, 2024

The Quincy Retired Teachers Association Scholarship Fund Inc significantly impacts the community by providing essential financial support to graduating seniors from the public high schools in Quincy, MA. Through its scholarship program, it enables students to pursue higher education, alleviating some of the financial burdens that often accompany college expenses. This initiative not only promotes educational advancement but also fosters a culture of support and encouragement within the community. By investing in the futures of local students, the fund contributes to the overall growth and development of the community, empowering young minds to achieve their academic and professional goals.




This information is meant to be a general summary of Quincy Retired Teachers Association 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
$90,668 (2022)
Expenses
$138,955 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $45,238
  • Gross Receipts: $1,093,110

Assets and Liabilities:

  • Total Assets: $2,315,957
  • Total Liabilities: $30,900
  • Net Assets: $2,285,057

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Organization Details

Founding Year

1979

Principal Officer

George Umscheid

Main Address

180 MAIN STREET UNIT C330, WALPOLE, MA, 020814052

NTEE Category

Code: B82 - Education

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