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Asbestos Workers Local 14 Scholarship And Education Fund

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

EIN: 311729117 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Asbestos Workers Local 14 Scholarship And Education Fund?

The Asbestos Workers Local 14 Scholarship and Education Fund is a philanthropic organization situated in Philadelphia, Pennsylvania. Its primary mission is to offer financial aid to members and their dependent children working in asbestos-related trades. These individuals must demonstrate exceptional academic performance, commendable character, and remarkable leadership skills to qualify for the scholarships. Additionally, the fund supports mesothelioma research at the Fox Chase Cancer Center, aiming to assist those adversely affected by this disease. The Asbestos Workers Local 14 Scholarship and Education Fund is committed to investing in the future of its members and contributing to medical advancements in the field of asbestos-related illnesses.

Is Asbestos Workers Local 14 Scholarship And Education Fund legitimate?

Asbestos Workers Local 14 Scholarship And Education Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asbestos Workers Local 14 Scholarship And Education 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 Asbestos Workers Local 14 Scholarship And Education Fund?

The Asbestos Workers Local 14 Scholarship and Education Fund is committed to offering financial aid through scholarship awards to its members and their dependent children, primarily employed in the asbestos removal industry. The fund recognizes academic excellence, good character, and leadership skills in the recipients. Additionally, the fund supports mesothelioma research at the Fox Chase Cancer Center to provide assistance to those affected by this disease. In essence, the Asbestos Workers Local 14 Scholarship and Education Fund aims to support its members and contribute to medical advancements in the field of asbestos-related diseases.

What is the revenue of Asbestos Workers Local 14 Scholarship And Education Fund?

Asbestos Workers Local 14 Scholarship And Education Fund's revenue in 2024 was $234,364.

Who are the executives of Asbestos Workers Local 14 Scholarship And Education Fund and what are their salaries?

Here are 7 key members and their salaries:


Stephen Pettit (Labor Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Lichterman (Employer Trustee/Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Cellucci (Labor Trustee/Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Sweeney (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Rickert (Labor Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Formica (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Burns (Administrator)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Asbestos Workers Local 14 Scholarship And Education Fund?

Asbestos Workers Local 14 Scholarship And Education Fund's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Asbestos Workers Local 14 Scholarship And Education Fund

The Asbestos Workers Local 14 Scholarship and Education Fund is a nonprofit organization dedicated to providing financial aid through scholarship grants. Primarily supporting the members and dependent children of Asbestos Workers Local No. 14, who are predominantly employed in the asbestos removal industry, this fund recognizes academic excellence, good character, and leadership skills in its recipients. Beyond offering financial assistance, the fund also invests in mesothelioma research at the Fox Chase Cancer Center. This initiative aims to aid individuals affected by this disease, demonstrating the fund's commitment to supporting its community both educationally and medically.

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Impact




October, 2024

The Asbestos Workers Local 14 Scholarship and Education Fund significantly impacts its community by providing financial assistance to members and their dependent children engaged in the asbestos removal industry. This support empowers individuals pursuing higher education, recognizing their academic excellence, character, and leadership skills. By alleviating financial burdens associated with educational pursuits, the fund helps foster the next generation of skilled professionals in the field.

Additionally, the fund's commitment to supporting mesothelioma research at the Fox Chase Cancer Center demonstrates its dedication to addressing health challenges faced by those affected by asbestos exposure. This dual focus on educational advancement and health research not only strengthens the community but also contributes to the broader fight against asbestos-related diseases, highlighting the fund's vital role in promoting both education and wellness.




This information is meant to be a general summary of Asbestos Workers Local 14 Scholarship And Education 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
$234,364 (2024)
Expenses
$196,269 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $72,715
  • Gross Receipts: $276,841

Assets and Liabilities:

  • Total Assets: $114,025
  • Total Liabilities: $0
  • Net Assets: $114,025

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$72,715

Organization Details

Founding Year

2000

Principal Officer

Stephen Pettit

NTEE Category

Code: J20 - Employment

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