Overview
What is Local Union 45 Ubc&Ja Scholarship Fund?
Local Union 45 Ubc&Ja Scholarship Fund is a nonprofit organization situated in Floral Park, New York. Its primary mission is to accumulate funds to offer scholarships to the children of UBC Local 45 members, enabling them to pursue higher education in colleges and post-secondary schools. The organization's activities are solely dedicated to this objective, raising funds through various means to support the educational aspirations of these young individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
The Local Union 45 Ubc&Ja Scholarship Fund has received a rating of 73%, indicating a moderate level of financial health and accountability. The organization is assessed primarily on its accountability and finance, where it excels, particularly with a program expense ratio of 96.80%. This high ratio suggests that the majority of its funding is directed towards its core mission rather than administrative costs.
Strengths of the organization include having a fully independent board, which is important for governance and oversight. They also demonstrate a strong commitment to transparency, as evidenced by their documentation of board meeting minutes. With no reported material diversion of assets and a liabilities to assets ratio of 0.00%, the fund appears to be in a stable financial position, showcasing sound management practices.
However, the overall Two-Star rating indicates that while the organization performs well in key financial metrics, there may be areas for improvement in broadening its impact or demonstrating effectiveness in its programming. Continued attention to operational and strategic initiatives will be essential for enhancing its rating and showcasing its overall effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Local Union 45 Ubc&Ja Scholarship Fund legitimate?
Local Union 45 Ubc&Ja Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Local Union 45 Ubc&Ja Scholarship Fund 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 Local Union 45 Ubc&Ja Scholarship Fund?
The Local Union 45 UBC&JA Scholarship Fund is established with the primary objective of raising funds to offer scholarships for the children of its affiliated UBC Local 45 members. This organization aims to support the higher education of these children, providing them with financial assistance to attend college and post-secondary schools. By doing so, it aims to contribute to their future success and well-being. The funds raised are specifically allocated for this purpose, demonstrating the organization's commitment to the educational growth of its members' families.
Who is the CEO of Local Union 45 Ubc&Ja Scholarship Fund?
Michael Rodin is the Committee Me of Local Union 45 Ubc&Ja Scholarship Fund.
What is the revenue of Local Union 45 Ubc&Ja Scholarship Fund?
Local Union 45 Ubc&Ja Scholarship Fund's revenue in 2023 was $54,549.
Who are the executives of Local Union 45 Ubc&Ja Scholarship Fund and what are their salaries?
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Local Union 45 Ubc&Ja Scholarship Fund?
Local Union 45 Ubc&Ja Scholarship Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Local Union 45 Ubc&Ja Scholarship Fund
Local Union 45 UBC&JA Scholarship Fund is an organization dedicated to raising funds with the primary objective of providing scholarships for the children of its member union, UBC Local 45. This nonprofit aims to support these children in their pursuit of higher education, whether it be college or post-secondary schools. By offering scholarships, the fund hopes to alleviate some of the financial burden that comes with furthering one's education, thereby enabling these children to have a better chance at a successful future. The fund's mission is a testament to its commitment to the well-being and success of the families of its union members, fostering a sense of community and investment in the next generation.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
The Local Union 45 Ubc&Ja Scholarship Fund directly impacts the educational opportunities of children of UBC Local 45 members by providing scholarships for college and post-secondary schools. The fund plays a crucial role in supporting the academic pursuits of these individuals, enabling them to access higher education and further their careers. Additionally, by investing in the education of these students, the fund contributes to the development of a skilled and knowledgeable workforce within the community. Overall, the impact of the Local Union 45 Ubc&Ja Scholarship Fund can be seen in the increased access to education and the broader opportunities it creates for the recipients.
This information is meant to be a general summary of Local Union 45 Ubc&Ja 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $11,155
- Gross Receipts: $119,450
Assets and Liabilities:
- Total Assets: $525,539
- Total Liabilities: $0
- Net Assets: $525,539
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2005
Phone
(718) 464-6016Principal Officer
Michael Rodin
Main Address
114 JERICHO TURNPIKE SUITE 3, FLORAL PARK, NY, 11001
NTEE Category
Code: B82 - Education
If you are a representative of Local Union 45 Ubc&Ja Scholarship Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.