Local 707 Scholarship Fund

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

EIN: 112965531 ✦ Hempstead, NY ✦ Designated as a 501(c)(3)

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Overview

What is Local 707 Scholarship Fund?

The Local 707 Scholarship Fund is a charitable organization that offers college scholarships to children whose parents are affiliated with a union. This nonprofit organization's mission is to financially support the higher education of these dependent students, contributing to their future success. The information does not provide details regarding the specific union or the number of employees involved in the fund. However, it is clear that the Local 707 Scholarship Fund aims to make higher education more accessible to union families by providing financial assistance.

Is Local 707 Scholarship Fund legitimate?

Local 707 Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Local 707 Scholarship Fund 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 Local 707 Scholarship Fund?

The Local 707 Scholarship Fund's mission is centered around offering educational assistance. Specifically, it provides college scholarships for students who are dependents of Union members. By offering these scholarships, the fund aims to support the higher education of these students, thereby contributing to their future prospects and well-being. The fund's mission reflects a commitment to investing in the next generation, recognizing the importance of education in personal growth and societal development.

Who is the CEO of Local 707 Scholarship Fund?

Kevin Mccaffrey is the Trustee of Local 707 Scholarship Fund.

What is the revenue of Local 707 Scholarship Fund?

Local 707 Scholarship Fund's revenue in 2020 was -$8,399.

Who are the executives of Local 707 Scholarship Fund and what are their salaries?


Here are 2 key members and their salaries:


Kevin Mccaffrey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Zirpoli (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Local 707 Scholarship Fund?

Local 707 Scholarship Fund's most recent form 990EZ was submitted in 2020 and can be accessed here.

Mission Statement of Local 707 Scholarship Fund

The Local 707 Scholarship Fund is an organization dedicated to providing college scholarships for students. Specifically, it focuses on supporting the educational aspirations of children who depend on Union members. This nonprofit's mission is to alleviate the financial burden of higher education for these students, enabling them to pursue their academic goals and potentially contribute positively to society in the future.

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Impact




October, 2024

The Local 707 Scholarship Fund significantly impacts the lives of students who are dependent children of Union members by providing essential financial support for their college education. By offering scholarships, the Fund helps to alleviate the financial burden of higher education, making it more accessible for students from Union families. This assistance not only encourages academic achievement but also fosters a sense of community and support among Union members.

As a result, recipients are empowered to pursue their educational and career goals, which can lead to improved economic outcomes for families and stronger representation within the workforce. The Local 707 Scholarship Fund thus plays a crucial role in promoting education and opportunity within the Union community in Hempstead, NY.




This information is meant to be a general summary of Local 707 Scholarship Fund. 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
-$8,399 (2020)
Expenses
$19,688 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $1,033
  • Gross Receipts: $1,033

Assets and Liabilities:

  • Total Assets: $272,177
  • Total Liabilities: $0
  • Net Assets: $272,177

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Organization Details

Principal Officer

Kevin Mccaffrey

Main Address

14 FRONT STREET, HEMPSTEAD, NY, 11550

NTEE Category

Code: Z99 - Unknown

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