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Iuoe Local 150 Scholarship Fund

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

EIN: 264268741 ✦ Countryside, IL ✦ Designated as a 501(c)(3)

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Overview

What is Iuoe Local 150 Scholarship Fund?

The Iuoe Local 150 Scholarship Fund is a charitable organization situated in Countryside, Illinois, specifically at 6170 Joliet Road Suite 200. Its primary purpose is to offer scholarships to the children of members associated with the International Union of Operating Engineers Local 150. By providing financial aid, this fund aims to support the educational endeavors of these children, thereby contributing positively to their future prospects.

Is Iuoe Local 150 Scholarship Fund legitimate?

Iuoe Local 150 Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iuoe Local 150 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Iuoe Local 150 Scholarship Fund?

The Iuoe Local 150 Scholarship Fund's mission is centered around providing financial aid in the form of scholarships for the children of members within the International Union of Operating Engineers Local 150. This fund serves as a means of supporting the educational pursuits of these children, thereby contributing to their future prospects. The Scholarship Fund does not disclose any specific details about the criteria for awarding these scholarships or the number of scholarships granted annually. However, its primary goal remains to assist the children of its union members in furthering their education.

Who is the CEO of Iuoe Local 150 Scholarship Fund?

Marc Poulos is the Executive Director of Iuoe Local 150 Scholarship Fund.

What is the revenue of Iuoe Local 150 Scholarship Fund?

Iuoe Local 150 Scholarship Fund's revenue in 2022 was $313,000.

Who are the executives of Iuoe Local 150 Scholarship Fund and what are their salaries?


Here are 11 key members and their salaries:


Marshall Douglas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James M Sweeney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Horne (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Fagan (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Snelten (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Kocsis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Aussem (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Rose (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Toppert (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Kresge (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Poulos (Executive Director)
  • Compensation: $0
  • Related: $277,853
  • Other: $127,293
Where can I find the form 990 for Iuoe Local 150 Scholarship Fund?

Iuoe Local 150 Scholarship Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Iuoe Local 150 Scholarship Fund

The IUOE Local 150 Scholarship Fund is dedicated to providing financial assistance to the children of its union members. This nonprofit organization's mission is to alleviate the financial burden of education for these young individuals, thereby fostering their academic growth and future prospects. By offering scholarships, IUOE Local 150 Scholarship Fund plays a significant role in supporting the families of its union members, enabling their children to pursue higher education and reach their full potential.

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Impact




October, 2024

The Iuoe Local 150 Scholarship Fund provides crucial financial support to the children of members of the International Union of Operating Engineers Local 150, facilitating access to higher education. By offering scholarships, the fund eases the financial burden of college expenses, allowing students to focus on their studies and pursue their academic and career goals without overwhelming student debt. This support not only benefits individual students but also strengthens the community by fostering higher education and skill development among future generations. As a result, the fund plays a vital role in promoting educational attainment and enhancing the opportunities for families connected to the union in Countryside, Illinois, and beyond.




This information is meant to be a general summary of Iuoe Local 150 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
$313,000 (2022)
Expenses
$301,044 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $43,489
  • Gross Receipts: $324,562

Assets and Liabilities:

  • Total Assets: $2,604,589
  • Total Liabilities: $613,750
  • Net Assets: $1,990,839

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Organization Details

Founding Year

2009

Principal Officer

Marc Poulos

Main Address

6170 JOLIET ROAD SUITE 200, COUNTRYSIDE, IL, 60525

NTEE Category

Code: K31 - Food

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