Lester Petrillo Memorial Trust Fund For Disabled Musicians

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

EIN: 136121367 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Lester Petrillo Memorial Trust Fund For Disabled Musicians?

The Lester Petrillo Memorial Trust Fund for Disabled Musicians is a charitable organization dedicated to assisting disabled musicians. Based on the information provided, the trust fund supports 50 members of the American Federation of Musicians who face physical disabilities, impacting their ability to earn a living as musicians. By providing benefit payments, this nonprofit organization aims to alleviate financial hardships and enable these musicians to continue pursuing their passion for music, despite their challenges.


Official website here: www.afm.org

Is Lester Petrillo Memorial Trust Fund For Disabled Musicians legitimate?

Lester Petrillo Memorial Trust Fund For Disabled Musicians is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lester Petrillo Memorial Trust Fund For Disabled Musicians 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


Official website here: www.afm.org

What is the mission statement of Lester Petrillo Memorial Trust Fund For Disabled Musicians?

The Lester Petrillo Memorial Trust Fund for Disabled Musicians is dedicated to providing support for musicians who have physical disabilities. This fund offers benefit payments to 50 members of the American Federation of Musicians, enabling these musicians, whose conditions hinder their ability to earn a living through music, to receive financial assistance. The primary objective of this organization is to alleviate the financial hardships faced by disabled musicians, thereby allowing them to maintain their connection with music. By providing this support, the fund aims to ensure that these musicians' talents and contributions to the music industry are not lost due to their physical limitations.


Official website here: www.afm.org

Who is the CEO of Lester Petrillo Memorial Trust Fund For Disabled Musicians?

Raymond M Hair Jr is the President of Lester Petrillo Memorial Trust Fund For Disabled Musicians.


Official website here: www.afm.org

What is the revenue of Lester Petrillo Memorial Trust Fund For Disabled Musicians?

Lester Petrillo Memorial Trust Fund For Disabled Musicians's revenue in 2022 was $29,090.


Official website here: www.afm.org

Who are the executives of Lester Petrillo Memorial Trust Fund For Disabled Musicians and what are their salaries?


Here are 9 key members and their salaries:


Raymond M Hair Jr (President)
  • Compensation: $0
  • Related: $172,051
  • Other: $37,023
Jay Blumenthal (Secretary, Treasurer)
  • Compensation: $0
  • Related: $137,099
  • Other: $47,798
Alan Willaert (Vice President)
  • Compensation: $0
  • Related: $137,099
  • Other: $23,241
Bruce Fife (Vice President)
  • Compensation: $0
  • Related: $21,000
  • Other: $8,706
John Acosta (Executive Committee)
  • Compensation: $0
  • Related: $17,004
  • Other: $2,243
Edgardo Malaga (Executive Committee)
  • Compensation: $0
  • Related: $17,004
  • Other: $2,243
Mary C Morrison (Executive Committee)
  • Compensation: $0
  • Related: $17,004
  • Other: $2,243
Dave Pomeroy (Executive Committee)
  • Compensation: $0
  • Related: $17,004
  • Other: $2,243
Terryl Jares Woltjen (Executive Committee)
  • Compensation: $0
  • Related: $17,004
  • Other: $2,243


Official website here: www.afm.org

Where can I find the form 990 for Lester Petrillo Memorial Trust Fund For Disabled Musicians?

Lester Petrillo Memorial Trust Fund For Disabled Musicians's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.afm.org

Learn more at the official website: www.afm.org

Mission Statement of Lester Petrillo Memorial Trust Fund For Disabled Musicians

The Lester Petrillo Memorial Trust Fund For Disabled Musicians is a dedicated organization that aims to extend assistance to disabled musicians. Their mission is to offer financial support in the form of benefit payments to 50 members of the American Federation of Musicians who encounter challenges in earning a living due to their physical disabilities, preventing them from pursuing their careers as musicians. This nonprofit organization plays a significant role in uplifting the lives of these individuals, enabling them to continue their passion for music despite their circumstances.

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Impact




October, 2024

The Lester Petrillo Memorial Trust Fund for Disabled Musicians significantly impacts the lives of disabled musicians by providing critical financial support to those unable to earn a living due to physical disabilities. By offering benefit payments to 50 members of the American Federation of Musicians, the Fund alleviates financial burdens and enables these artists to continue participating in the musical community. This assistance not only helps meet essential living expenses but also fosters a sense of dignity and inclusion among musicians who might otherwise face isolation due to their challenges. The Trust Fund plays a crucial role in preserving the contributions of these talented individuals to the arts, ensuring that their voices are heard and their artistry can continue to enrich society.




This information is meant to be a general summary of Lester Petrillo Memorial Trust Fund For Disabled Musicians. 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
$29,090 (2022)
Expenses
$33,444 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7,028
  • Gross Receipts: $29,090

Assets and Liabilities:

  • Total Assets: $586,873
  • Total Liabilities: $0
  • Net Assets: $586,873

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Organization Details

Founding Year

1951

Principal Officer

Raymond M Hair Jr

Main Address

1501 BROADWAY 9TH FLOOR, NEW YORK, NY, 10036

NTEE Category

Code: A68 - Arts

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