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Lynn Vocational Technical Alumni Association Inc

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

EIN: 222986698 ✦ Lynn, MA ✦ Designated as a 501(c)(3)

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Overview

What is Lynn Vocational Technical Alumni Association Inc?

Lynn Vocational Technical Alumni Association Inc is a nonprofit organization that plays a significant role in supporting the education sector. Their primary mission is to provide scholarships to graduating students, aiming to expand their opportunities beyond the school and its related affiliates. Additionally, they contribute to the development of educational programs within the school, aiming to enhance the overall learning environment. The association offers various scholarship and award programs to accomplish these objectives.

Is Lynn Vocational Technical Alumni Association Inc legitimate?

Lynn Vocational Technical Alumni Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lynn Vocational Technical Alumni Association Inc 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: $102,494

For more financial information, click here

What is the mission statement of Lynn Vocational Technical Alumni Association Inc?

The Lynn Vocational Technical Alumni Association's mission is centered around providing financial assistance to graduating students in the form of scholarships. Additionally, they aim to enhance educational opportunities within the school and its related affiliates by developing and implementing relevant programs. This initiative strives to increase the scope of possibilities for students and the institution as a whole. The association also offers various scholarship and award programs to support their mission.

Who is the CEO of Lynn Vocational Technical Alumni Association Inc?

James Ward is the Clerk of Lynn Vocational Technical Alumni Association Inc.

What is the revenue of Lynn Vocational Technical Alumni Association Inc?

Lynn Vocational Technical Alumni Association Inc's revenue in 2023 was $179,185.

Who are the executives of Lynn Vocational Technical Alumni Association Inc and what are their salaries?

The average compensation at Lynn Vocational Technical Alumni Association Inc during 2023 was $12,812. There are 8 employees at Lynn Vocational Technical Alumni Association Inc.


Here are 3 key members and their salaries:


Shannon Molea (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Starbard (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Ward (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lynn Vocational Technical Alumni Association Inc?

Lynn Vocational Technical Alumni Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Lynn Vocational Technical Alumni Association Inc

Lynn Vocational Technical Alumni Association Inc is dedicated to two primary objectives. Firstly, it aims to offer scholarships to graduating students, providing them with financial assistance to pursue their educational goals. Secondly, the organization focuses on enhancing educational opportunities within the school and its affiliated entities. By developing and implementing various educational programs, Lynn Vocational Technical Alumni Association Inc strives to broaden the scope of possibilities for its students and associated institutions.

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Impact




October, 2024

The Lynn Vocational Technical Alumni Association Inc significantly impacts the local community by providing scholarships to graduating students, empowering them to pursue their educational ambitions. By facilitating financial support, the association alleviates the burden of educational costs, enabling students to focus on their studies and career preparations.

Additionally, the association plays a vital role in the development of educational programs that enhance the quality of learning and opportunities available within the school and its related affiliates. This commitment not only enriches the educational environment but also fosters a culture of continuous improvement and innovation, ultimately leading to better outcomes for students.

Through its various scholarship programs and awards, the association nurtures talent and helps cultivate a skilled workforce that is prepared to meet the demands of the increasingly competitive job market. By investing in the future of its students, the Lynn Vocational Technical Alumni Association Inc contributes to the broader goals of economic growth and community development in Lynn, MA.




This information is meant to be a general summary of Lynn Vocational Technical Alumni Association 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
$179,185 (2023)
Expenses
$158,786 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $18
  • Program Service Revenue: $122,082
  • Gross Receipts: $190,395

Assets and Liabilities:

  • Total Assets: $325,785
  • Total Liabilities: $9,542
  • Net Assets: $316,243

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

APPRENTICE PROGRAM TUITION

Revenue

$122,082

Organization Details

Principal Officer

James Ward

Main Address

PO BOX 2142, LYNN, MA, 01902

NTEE Category

Code: B11 - Education

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