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Jose Lopez Memorial Scholarship Fund Inc

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

EIN: 113119551 ✦ Deer park, NY ✦ Designated as a 501(c)(3)

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Overview

What is Jose Lopez Memorial Scholarship Fund Inc?

The Jose Lopez Memorial Scholarship Fund Inc is a prominent nonprofit organization situated in Deer Park, New York. Its primary mission is to offer financial assistance to college students, granting scholarships of $1,000 annually for a four-year period, amounting to a total of $4,000. Through this initiative, the Fund has generously awarded scholarships to seven deserving students. The organization's objective is to support and empower higher education, contributing to the personal and professional growth of young individuals.

Is Jose Lopez Memorial Scholarship Fund Inc legitimate?

Jose Lopez Memorial Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jose Lopez Memorial 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.

What is the mission statement of Jose Lopez Memorial Scholarship Fund Inc?

The Jose Lopez Memorial Scholarship Fund's primary objective is to offer financial aid to deserving students. Specifically, it grants scholarships worth $1,000 annually for four consecutive years, totalling $4,000. Since its establishment, the fund has generously awarded scholarships to a total of seven students. Despite the absence of a stated broader mission or vision, the organization's primary activity is clearly focused on providing educational support to students in need.

Who is the CEO of Jose Lopez Memorial Scholarship Fund Inc?

Erland Castillo is the President of Jose Lopez Memorial Scholarship Fund Inc.

What is the revenue of Jose Lopez Memorial Scholarship Fund Inc?

Jose Lopez Memorial Scholarship Fund Inc's revenue in 2022 was $4,769.

Who are the executives of Jose Lopez Memorial Scholarship Fund Inc and what are their salaries?


Here are 3 key members and their salaries:


Erland Castillo (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Felipe (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Martin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Jose Lopez Memorial Scholarship Fund Inc?

Jose Lopez Memorial Scholarship Fund Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Jose Lopez Memorial Scholarship Fund Inc

The Jose Lopez Memorial Scholarship Fund is an organization dedicated to providing financial assistance to deserving students. Its mission is to award scholarships worth $1,000 annually for a period of four years, totaling $4,000 in financial aid to students entering their fifth year of college. The fund has demonstrated its commitment to this cause by supporting seven students with these scholarships. The organization's mission is aimed at alleviating the financial burden of higher education, thereby enabling talented students to complete their studies and contribute to society in various capacities.

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Impact




August, 2024

The Jose Lopez Memorial Scholarship Fund has had a significant impact on students pursuing higher education. By awarding scholarships totaling $4,000 over four years to students in their fifth year of college, the organization has provided financial support to seven deserving individuals. This assistance not only helps students achieve their educational goals but also alleviates some of the financial burdens associated with pursuing higher education. Overall, the Jose Lopez Memorial Scholarship Fund's impact is evident in the lives of the recipients who have been able to further their education with the organization's support.




This information is meant to be a general summary of Jose Lopez Memorial 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
$4,769 (2022)
Expenses
$6,500 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,169
  • Gross Receipts: $4,769

Assets and Liabilities:

  • Total Assets: $147,456
  • Total Liabilities: $0
  • Net Assets: $147,456

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Organization Details

Principal Officer

Erland Castillo

Main Address

47 WEST 18TH STREET, DEER PARK, NY, 117293905

NTEE Category

Code: B82 - Education

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