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Croatian Fraternal Union Scholarship Foundation Inc

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

EIN: 256066985 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(3)

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Overview

What is Croatian Fraternal Union Scholarship Foundation Inc?

The Croatian Fraternal Union Scholarship Foundation Inc is a nonprofit organization that offers financial aid in the form of scholarships to its members who are in need. Their primary mission is to award scholarships to deserving students who are part of the organization and are currently facing financial hardships. Through their scholarship programs, the foundation aims to support the educational pursuits of its members and contribute to their overall development.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82%, Three-Star out of Four Star rating.

The Croatian Fraternal Union Scholarship Foundation Inc has achieved a solid score of 82%, reflecting strong performance primarily in accountability and finance. This rating is derived entirely from its accountability metrics, indicating a high level of financial responsibility and transparency in its operations. The organization boasts an independent board comprising 100% independent members, ensuring that decision-making is free from conflicts of interest.

The foundation has demonstrated excellent financial practices, including a perfect score for its financial statements audit and no reported material diversion of assets. Additionally, its liabilities to assets ratio stands at 0.00%, highlighting a robust financial status without debt. The organization also effectively documents board meeting minutes, reinforcing its commitment to governance.

With a program expense ratio of 100%, the foundation directs all its resources towards its mission, which is dedicated to providing scholarships. While the overall score reflects a commendable commitment to financial integrity, it is important to continuously monitor the broad impact of its programs to ensure long-term effectiveness and sustainability.


This AI summary has been generated from information found on Charity Navigator.

Is Croatian Fraternal Union Scholarship Foundation Inc legitimate?

Croatian Fraternal Union Scholarship Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Croatian Fraternal Union Scholarship Foundation 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: $0

For more financial information, click here

What is the mission statement of Croatian Fraternal Union Scholarship Foundation Inc?

The Croatian Fraternal Union Scholarship Foundation's primary mission is to award scholarship grants to financially struggling students who are part of the organization. Through their scholarship programs, the foundation aims to provide financial aid to these individuals, thereby empowering them to pursue their education. The foundation's activities are centered around this mission, focusing on providing financial support to its member students in need.

Who is the CEO of Croatian Fraternal Union Scholarship Foundation Inc?

Edward W Pazo is the Pittsburgh, Pa 15235 of Croatian Fraternal Union Scholarship Foundation Inc.

What is the revenue of Croatian Fraternal Union Scholarship Foundation Inc?

Croatian Fraternal Union Scholarship Foundation Inc's revenue in 2022 was $654,772.

Who are the executives of Croatian Fraternal Union Scholarship Foundation Inc and what are their salaries?


Here are 8 key members and their salaries:


Bernadette M Luketich (Pittsburgh, Pa 15235)
  • Compensation: $0
  • Related: $239,535
  • Other: $0
Edward W Pazo (Pittsburgh, Pa 15235)
  • Compensation: $0
  • Related: $314,719
  • Other: $0
Franjo Bertovic (Pittsburgh, Pa 15235)
  • Compensation: $0
  • Related: $213,253
  • Other: $0
Robert Luketic (Pittsburgh, Pa 15235)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek L Hohn (Pittsburgh, Pa 15235)
  • Compensation: $0
  • Related: $83,633
  • Other: $0
Dr Marion Vujevich (Pittsburgh, Pa 15235)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Lucas (Pittsburgh, Pa 15235)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Ricci (Pittsburgh, Pa 15235)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Croatian Fraternal Union Scholarship Foundation Inc?

Croatian Fraternal Union Scholarship Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Croatian Fraternal Union Scholarship Foundation Inc

The Croatian Fraternal Union Scholarship Foundation is committed to awarding scholarship grants to financially struggling students who are members of their organization. This nonprofit entity provides these scholarships through various programs, aiming to support those in need within their community. By offering these scholarship grants, the Croatian Fraternal Union Scholarship Foundation is making higher education more accessible to its members, thereby empowering and enabling them to pursue their academic goals.

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Impact




July, 2024

The Croatian Fraternal Union Scholarship Foundation Inc's impact lies in its provision of scholarship grants to needy students who are members of the organization. By awarding these scholarships, the foundation supports students in pursuing their educational goals and alleviates financial barriers that may otherwise hinder their academic progress. Through its programs dedicated to offering scholarship grants, the foundation contributes to the advancement of education and the empowerment of its members to achieve their academic aspirations.




This information is meant to be a general summary of Croatian Fraternal Union Scholarship 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
$654,772 (2022)
Expenses
$191,577 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $217,703
  • Gross Receipts: $654,772

Assets and Liabilities:

  • Total Assets: $8,626,577
  • Total Liabilities: $0
  • Net Assets: $8,626,577

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Organization Details

Founding Year

1958

Principal Officer

Edward W Pazo

Main Address

100 DELANEY DRIVE, PITTSBURGH, PA, 15235

NTEE Category

Code: B82Z - Education

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