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Queensboro Unico Foundation Inc

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

EIN: 201758057 ✦ Manhasset, NY ✦ Designated as a 501(c)(3)

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Overview

What is Queensboro Unico Foundation Inc?

The Queensboro Unico Foundation is a nonprofit organization situated in Manhasset, New York, dedicated to preserving Italo-American culture and furthering education. They offer scholarships to students transitioning into high school and college, while also extending support to local underprivileged individuals, charities, and first responders. The foundation demonstrates a special concern for members of the Italian American community who suffer from Long QT Syndrome, contributing to Mayo Clinic's research to develop treatments and a potential cure. Furthermore, they organize a fundraising event to aid members of this community battling Alzheimer's Disease.

Is Queensboro Unico Foundation Inc legitimate?

Queensboro Unico Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Queensboro Unico Foundation 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 Queensboro Unico Foundation Inc?

The Queensboro Unico Foundation's mission is centered around promoting Italian-American culture and education. It provides financial aid for students transitioning into high school and college. The foundation also extends its support to local charities, needy individuals, and first responders within the community. In addition, the organization has a special focus on assisting individuals from the Italian American community who are affected by Long QT Syndrome, funding research at the Mayo Clinic to advance treatments and potential cures. Furthermore, the foundation organizes a fundraiser for the Alzheimer's Foundation to aid members of the Italian American community battling Alzheimer's Disease.

Who is the CEO of Queensboro Unico Foundation Inc?

Frank Fabrico is the President of Queensboro Unico Foundation Inc.

What is the revenue of Queensboro Unico Foundation Inc?

Queensboro Unico Foundation Inc's revenue in 2022 was $39,917.

Who are the executives of Queensboro Unico Foundation Inc and what are their salaries?


Here are 4 key members and their salaries:


Frank Fabrico (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Corsini (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Vessio (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Bonventre (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Queensboro Unico Foundation Inc?

Queensboro Unico Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Queensboro Unico Foundation Inc

Queensboro Unico Foundation, a nonprofit organization, is dedicated to preserving and promoting Italo-American culture and education. It achieves this mission by offering scholarships to high school and college-bound students, thereby encouraging academic excellence within the Italian American community. Beyond education, the foundation extends its support to local charities and needy individuals, demonstrating its commitment to community welfare. In addition to these initiatives, Queensboro Unico Foundation plays a significant role in assisting individuals affected by Long QT Syndrome, a heart condition, by funding research at the Mayo Clinic to find a cure. Furthermore, the foundation organizes a fundraising event for the Alzheimer's Foundation, aiming to provide aid to Italian American community members suffering from Alzheimer's Disease.

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Impact




August, 2024

Queensboro Unico Foundation Inc has a significant impact on promoting Italo-American culture and education, providing scholarships for students entering high school and college, and supporting local needy individuals, charities, and first responders. Additionally, the foundation assists members of the Italian American community who have Long QT Syndrome by supporting Mayo Clinic's research to treat and cure the disease. They also organize fundraisers for the Alzheimer Foundation to help members of the Italian American community who have Alzheimer's Disease. This organization based in Manhasset, NY, plays a crucial role in philanthropy and community support.




This information is meant to be a general summary of Queensboro Unico Foundation 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
$39,917 (2022)
Expenses
$50,885 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,564
  • Gross Receipts: $58,168

Assets and Liabilities:

  • Total Assets: $196,046
  • Total Liabilities: $3,955
  • Net Assets: $192,091

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Organization Details

Principal Officer

Frank Fabrico

Main Address

C/O BONVENTRE 78 DARTMOUTH RD, MANHASSET, NY, 11030

NTEE Category

Code: T31 - Philanthropy

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