Pennsylvania Food Merchants Education Trust

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

EIN: 232241930 ✦ Wormleysburg, PA ✦ Designated as a 501(c)(3)

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Overview

What is Pennsylvania Food Merchants Education Trust?

Pennsylvania Food Merchants Education Trust is a nonprofit organization situated in Wormleysburg, Pennsylvania. Their primary focus is to promote education within the food industry by granting scholarships to various high schools, universities, and colleges. During the 2022-2023 academic year, they awarded 32 scholarships to help offset the costs of higher education. Their mission involves providing scholarships and grants, encouraging continuing education, supporting programs in high schools, technical and vocational schools, and universities, and occasionally offering lectures, symposiums, seminars, or grants-in-aid to further their cause.


Official website here: www.pfma.org/scholarships

Is Pennsylvania Food Merchants Education Trust legitimate?

Pennsylvania Food Merchants Education Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pennsylvania Food Merchants Education Trust 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.pfma.org/scholarships

What is the mission statement of Pennsylvania Food Merchants Education Trust?

The Pennsylvania Food Merchants Education Trust aims to promote education within the food industry. They accomplish this by providing scholarships and grants, supporting continuing education, and encouraging learning through various means such as lectures, symposiums, seminars, or grants-in-aid. The trust grants scholarship funds to various high schools, universities, and colleges, with thirty-two scholarships awarded for the 2022-2023 academic year. These scholarships help cover the expenses of secondary education. The trust's mission is to foster education and growth in the food industry, thereby aiding in the development of future professionals in this sector.


Official website here: www.pfma.org/scholarships

Who is the CEO of Pennsylvania Food Merchants Education Trust?

Alex Baloga is the Chairman of Pennsylvania Food Merchants Education Trust.


Official website here: www.pfma.org/scholarships

What is the revenue of Pennsylvania Food Merchants Education Trust?

Pennsylvania Food Merchants Education Trust's revenue in 2023 was $46,340.


Official website here: www.pfma.org/scholarships

Who are the executives of Pennsylvania Food Merchants Education Trust and what are their salaries?

There 6 volunteers at Pennsylvania Food Merchants Education Trust.


Here are 6 key members and their salaries:


Scott Hartman (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caron Sanders (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Baloga (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Karns (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Kempf (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwight Cromer (Controller)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pfma.org/scholarships

Where can I find the form 990 for Pennsylvania Food Merchants Education Trust?

Pennsylvania Food Merchants Education Trust's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.pfma.org/scholarships

Learn more at the official website: www.pfma.org/scholarships

Mission Statement of Pennsylvania Food Merchants Education Trust

Pennsylvania Food Merchants Education Trust is committed to advancing education within the food industry. This is achieved through various means, including offering scholarships and grants to individuals pursuing higher education in high schools, universities, colleges, technical, and vocational schools. The trust's mission is to promote learning and continuous education within this sector. They achieve this by providing scholarship funds, organizing lectures, symposiums, seminars, or offering grants-in-aid.

During the 2022-2023 academic year, the trust awarded thirty-two scholarships to deserving recipients. These scholarships served to offset the financial burden of secondary education, paying directly to the recipients' educational institutions upon the start of the academic year. The Pennsylvania Food Merchants Education Trust's mission underscores its dedication to supporting the education of individuals involved in the food industry, thereby contributing to the overall growth and development of this sector.

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Impact




October, 2024

The Pennsylvania Food Merchants Education Trust significantly impacts the food industry by fostering educational opportunities through scholarships and grants. By providing funds to high schools, universities, and colleges, the Trust directly supports the academic pursuits of students passionate about the food sector. In the 2022-2023 academic year, thirty-two scholarships were awarded, alleviating the financial burden of secondary education for recipients and enhancing their ability to pursue careers in the food industry.

Moreover, the Trust promotes ongoing education by supporting programs at technical and vocational schools and universities. It encourages knowledge-sharing through initiatives such as lecture series, symposiums, and seminars. This holistic approach not only enriches the educational landscape for aspiring professionals but also strengthens the food industry as a whole by ensuring a well-educated workforce ready to meet its evolving challenges and opportunities.




This information is meant to be a general summary of Pennsylvania Food Merchants Education Trust. 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
$46,340 (2023)
Expenses
$94,676 (2023)
Efficiency

Other financial information:

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

  • Investment Income: -$15,593
  • Gross Receipts: $1,230,204

Assets and Liabilities:

  • Total Assets: $723,425
  • Total Liabilities: $0
  • Net Assets: $723,425

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Organization Details

Founding Year

1983

Principal Officer

Alex Baloga

Main Address

1029 MUMMA ROAD, WORMLEYSBURG, PA, 17043

NTEE Category

Code: B82 - Education

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