Overview
What is The Local 580 College Scholarship Fund?
The Local 580 College Scholarship Fund is a charitable organization located at 501 WEST 42ND STREET, NEW YORK, NY 10036. Its primary mission is to provide financial aid in the form of scholarships to the dependents of eligible participants. This nonprofit is dedicated to supporting the higher education of these individuals, thereby empowering them to pursue their academic goals and secure a brighter future.
Is The Local 580 College Scholarship Fund legitimate?
The Local 580 College Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. The Local 580 College 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:
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Other Salaries and Wages: $13,849
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What is the mission statement of The Local 580 College Scholarship Fund?
The Local 580 College Scholarship Fund is dedicated to providing scholarship benefits for the dependants of eligible participants. This mission is aimed at offering financial aid and educational opportunities to those who are closely tied to the fund's contributors. The goal is to support the educational aspirations of these dependants, thereby contributing to their future success and well-being. The fund's activities are focused on providing scholarship benefits, thereby playing a crucial role in the lives of its beneficiaries.
What is the revenue of The Local 580 College Scholarship Fund?
The Local 580 College Scholarship Fund's revenue in 2023 was $542,859.
Who are the executives of The Local 580 College Scholarship Fund and what are their salaries?
Here are 12 key members and their salaries:
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- Related: $180,112
- Other: $124,306
Where can I find the form 990 for The Local 580 College Scholarship Fund?
The Local 580 College Scholarship Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Local 580 College Scholarship Fund
The Local 580 College Scholarship Fund is dedicated to extending scholarship benefits to the dependants of eligible participants. This nonprofit organization's primary mission is to provide financial assistance for higher education, aiming to support the future academic pursuits of the eligible participants' dependants. By offering scholarships, The Local 580 College Scholarship Fund seeks to alleviate the financial burden associated with higher education, enabling dependants to pursue their academic dreams and secure a brighter future.
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Impact
October, 2024
The Local 580 College Scholarship Fund plays a crucial role in supporting the educational aspirations of dependents of eligible participants. By providing scholarship benefits, the Fund empowers families to access higher education, alleviating some of the financial burdens associated with college tuition and related expenses. This initiative not only enhances the academic opportunities for these dependents but also fosters a culture of learning and advancement within the community. As a result, the Fund contributes to the development of a skilled workforce and promotes educational equity, ensuring that deserving students can pursue their dreams and realize their potential. The impact is felt not just in individual lives, but in the broader community, as educated individuals contribute to economic growth and societal progress.
This information is meant to be a general summary of The Local 580 College 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $141,135
- Program Service Revenue: $554,183
- Gross Receipts: $5,966,153
Assets and Liabilities:
- Total Assets: $4,244,129
- Total Liabilities: $21,128
- Net Assets: $4,223,001
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$554,183
Organization Details
Founding Year
2003
Principal Officer
Brendan Tormey
NTEE Category
Code: J40 - Employment
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