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North Branford Scholarship Association Inc

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

EIN: 066077238 ✦ North branford, CT ✦ Designated as a 501(c)(3)

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Overview

What is North Branford Scholarship Association Inc?

North Branford Scholarship Association Inc is a nonprofit organization that actively seeks funds to support academic pursuits. They accomplish this by reaching out to businesses, organizations, and families through letter campaigns and canvassing. Additionally, the organization earns income through investments in Certificates of Deposit (CDs) and money markets. In 2022, they successfully distributed scholarships ranging from 150 to 1000 dollars to 64 deserving students. The primary mission of North Branford Scholarship Association Inc is to financially aid students in their educational journeys, thereby contributing to their future success.

Is North Branford Scholarship Association Inc legitimate?

North Branford Scholarship Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Branford Scholarship Association 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.

What is the mission statement of North Branford Scholarship Association Inc?

The North Branford Scholarship Association Inc's primary mission is to raise funds for scholarships. They accomplish this through various means such as canvassing, sending letters to businesses and organizations, and earning interest on CDs and money markets. Their funds are then distributed as scholarships to deserving students, with amounts ranging between 150 and 1000 dollars. In total, they awarded 25,650 to 64 students in the recent year.

Who is the CEO of North Branford Scholarship Association Inc?

Lars Selander is the President of North Branford Scholarship Association Inc.

What is the revenue of North Branford Scholarship Association Inc?

North Branford Scholarship Association Inc's revenue in 2022 was $29,417.

Who are the executives of North Branford Scholarship Association Inc and what are their salaries?


Here are 4 key members and their salaries:


Lars Selander (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Mezerewski (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Kilburn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorraine Wentworth (Tresurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for North Branford Scholarship Association Inc?

North Branford Scholarship Association Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of North Branford Scholarship Association Inc

The North Branford Scholarship Association Inc is an organization dedicated to raising funds for scholarships. They achieve this by soliciting contributions from businesses, organizations, and families, as well as earning interest on certificates of deposit (CDs) and money markets. Their primary mission is to award scholarships to deserving students, providing financial assistance in the range of $150 to $1000 to a total of 64 students in a year. The association plays a crucial role in supporting the educational aspirations of these students, helping them pursue their academic goals and achieve their full potential.

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Impact




August, 2024

The North Branford Scholarship Association Inc has directly impacted the lives of 64 students by awarding them scholarships totaling $25,650 in 2022. This support provides financial assistance to students ranging from $150 to $1000, helping them pursue their educational goals. Through their fundraising efforts, which include canvassing, sending letters to businesses, organizations, and families, as well as earning interest on CDs and money markets, the association is making a tangible difference in the community by investing in the education of its youth.




This information is meant to be a general summary of North Branford Scholarship Association 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
$29,417 (2022)
Expenses
$28,362 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $313
  • Gross Receipts: $29,417

Assets and Liabilities:

  • Total Assets: $218,712
  • Total Liabilities: $0
  • Net Assets: $218,712

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Organization Details

Principal Officer

Lars Selander

Main Address

PO BOX 241, NORTH BRANFORD, CT, 06471

NTEE Category

Code: B82Z - Education

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