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Bloomfield Educational Foundation

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

EIN: 223621312 ✦ Bloomfield, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Bloomfield Educational Foundation?

The Bloomfield Educational Foundation is a nonprofit organization primarily dedicated to supporting the educational sector in Bloomfield, New Jersey. They accomplish this by providing grants to local public schools, teachers, and students. Additionally, they offer scholarships to graduating high school students from Bloomfield, aiming to ease the financial burden of further education. The foundation also extends its support to college-bound students, furthering its commitment to educational advancement within the community.


Official website here: www.bloomfieldeducationalfoundation.org

Is Bloomfield Educational Foundation legitimate?

Bloomfield Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bloomfield Educational Foundation 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.bloomfieldeducationalfoundation.org

What is the mission statement of Bloomfield Educational Foundation?

The Bloomfield Educational Foundation's mission is centered around providing support to public schools and higher education. Specifically, they offer grants to teachers and students within these schools, aiming to enhance educational experiences. Furthermore, the foundation provides scholarships to graduates from Bloomfield High School, assisting them in pursuing higher education. In essence, the Bloomfield Educational Foundation is committed to enriching educational opportunities and fostering academic growth.


Official website here: www.bloomfieldeducationalfoundation.org

Who is the CEO of Bloomfield Educational Foundation?

Terence Mullane is the Executive Di of Bloomfield Educational Foundation.


Official website here: www.bloomfieldeducationalfoundation.org

What is the revenue of Bloomfield Educational Foundation?

Bloomfield Educational Foundation's revenue in 2022 was $137,603.


Official website here: www.bloomfieldeducationalfoundation.org

Who are the executives of Bloomfield Educational Foundation and what are their salaries?


Here are 14 key members and their salaries:


Ann Dassing (Executive Di)
  • Compensation: $21,600
  • Related: $0
  • Other: $0
Howard Friedman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Giuliano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Fetterly Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Kliminski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Jean Monahan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Sceurman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Storm (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Tice (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Todaro (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Vigna (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Koscielak (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terence Mullane (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Madeline Wollner (Vice-Chairwo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bloomfieldeducationalfoundation.org

Where can I find the form 990 for Bloomfield Educational Foundation?

Bloomfield Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bloomfieldeducationalfoundation.org

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

Mission Statement of Bloomfield Educational Foundation

The Bloomfield Educational Foundation is committed to supporting the educational needs of its community. Its primary mission involves providing grants to teachers, students, and public schools within Bloomfield, New Jersey. Furthermore, the foundation extends its support to high school graduates by offering scholarships. By doing so, the Bloomfield Educational Foundation aims to bolster the educational landscape and empower its future leaders.

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Impact




October, 2024

The Bloomfield Educational Foundation significantly enhances the educational landscape in Bloomfield, NJ, through targeted grants and scholarships. By providing financial support to local public schools, teachers, and students, the foundation helps to enrich the learning experience and equip educators with the resources they need to succeed.

Its impact is particularly evident in the annual scholarships awarded to Bloomfield High School graduates, enabling students to pursue higher education and realize their academic and career ambitions. This investment in education not only supports individual growth but also contributes to the development of a more educated community. Overall, the foundation plays a crucial role in fostering a culture of learning and achievement within Bloomfield, creating opportunities that empower both teachers and students alike.




This information is meant to be a general summary of Bloomfield Educational Foundation. 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
$137,603 (2022)
Expenses
$103,771 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $23,510
  • Gross Receipts: $170,374

Assets and Liabilities:

  • Total Assets: $722,452
  • Total Liabilities: $29,486
  • Net Assets: $692,966

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Organization Details

Founding Year

1998

Principal Officer

Terence Mullane

Main Address

PO BOX 1358, BLOOMFIELD, NJ, 070031358

NTEE Category

Code: B11 - Education

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