Njcpa Scholarship Fund

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

EIN: 222291384 ✦ Roseland, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Njcpa Scholarship Fund?

The Njcpa Scholarship Fund is a charitable organization situated in Roseland, New Jersey. Its primary mission is to support and encourage students pursuing undergraduate or graduate degrees in accounting by providing scholarships. During the specified filing period, the fund granted scholarships to 106 deserving students. Moreover, the Njcpa Scholarship Fund collaborates with like-minded organizations to support the educational aspirations of minority accounting students, aiming to attract talented individuals into the accounting profession and help them attain the Certified Public Accountant (CPA) designation.


Official website here: www.njcpa.org/give-back/scholarship-fund

Is Njcpa Scholarship Fund legitimate?

Njcpa Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Njcpa 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: $21,238
Professional Fundraising Fees: $0
Other Salaries and Wages: $41,469

For more financial information, click here


Official website here: www.njcpa.org/give-back/scholarship-fund

What is the mission statement of Njcpa Scholarship Fund?

The NJCPA Scholarship Fund's mission is centered around attracting top New Jersey students and residents into the accounting profession and supporting them in achieving the Certified Public Accountant (CPA) designation. The primary objective of the scholarship fund is to provide financial aid to students pursuing undergraduate or graduate degrees in accounting. During the filing period, the fund awarded scholarships to 106 deserving students. Additionally, the scholarship fund supports like-minded organizations, contributing to the advancement of minority accounting students.


Official website here: www.njcpa.org/give-back/scholarship-fund

Who is the CEO of Njcpa Scholarship Fund?

Ralph Albert Thomas is the Vice President of Njcpa Scholarship Fund.


Official website here: www.njcpa.org/give-back/scholarship-fund

What is the revenue of Njcpa Scholarship Fund?

Njcpa Scholarship Fund's revenue in 2022 was $328,200.


Official website here: www.njcpa.org/give-back/scholarship-fund

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

There 270 volunteers at Njcpa Scholarship Fund.


Here are 14 key members and their salaries:


Ralph Albert Thomas (Vice President)
  • Compensation: $7,659
  • Related: $363,773
  • Other: $39,589
Gordon C Smith (Cfo)
  • Compensation: $8,475
  • Related: $186,445
  • Other: $11,634
Henrietta G Fuchs (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer R Peoples (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan D Gola (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerard Abbattista (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristina Bresa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert A Fodera (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Garofalo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bayaan A Oluyadi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Pedersen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen F Powers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanette Ramos-Alexander (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry Wills (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.njcpa.org/give-back/scholarship-fund

Where can I find the form 990 for Njcpa Scholarship Fund?

Njcpa Scholarship Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.njcpa.org/give-back/scholarship-fund

Learn more at the official website: www.njcpa.org/give-back/scholarship-fund

Mission Statement of Njcpa Scholarship Fund

The NJCPA Scholarship Fund is committed to attracting the brightest and most talented individuals from New Jersey into the accounting profession. Their mission is to support these students and residents in achieving the Certified Public Accountant (CPA) designation. The scholarship fund provides financial assistance to students pursuing undergraduate or graduate degrees in accounting, aiming to encourage a strong presence of future accountants in the state. Additionally, the NJCPA Scholarship Fund collaborates with like-minded organizations to support minority accounting students, further diversifying the accounting field.

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Impact




October, 2024

The Njcpa Scholarship Fund significantly impacts the future of the accounting profession by providing critical financial support to students pursuing undergraduate or graduate degrees in accounting. During the most recent filing period, the fund awarded scholarships to 106 deserving students, directly helping them to further their education and career aspirations.

This initiative not only fosters academic achievement but also plays a vital role in attracting some of the best talent in New Jersey to the accounting field. By supporting these students, the fund contributes to a stronger, more diverse workforce in accounting, particularly benefiting minority students through its collaborations with like-minded organizations. This comprehensive approach ensures a continual influx of dedicated professionals ready to attain their CPA designation and enhance the accounting landscape in New Jersey.




This information is meant to be a general summary of Njcpa 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
$328,200 (2022)
Expenses
$446,843 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $123,694
  • Gross Receipts: $1,034,890

Assets and Liabilities:

  • Total Assets: $2,746,310
  • Total Liabilities: $242,564
  • Net Assets: $2,503,746

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Organization Details

Founding Year

1960

Principal Officer

Ralph Albert Thomas

Main Address

105 EISENHOWER PARKWAY 300, ROSELAND, NJ, 07068

NTEE Category

Code: B82 - Education

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