Overview
What is Internat'L Union Operating Engineer Local 825 Scholarship Fund?
The Internat'L Union Operating Engineer Local 825 Scholarship Fund is a charitable organization situated at 65 Springfield Ave, 3rd Flr, Springfield, NJ 07081. Its primary objective is to offer financial aid in the form of scholarships to the children of IUOE Local 825 members. This support is directly paid to the accredited institution of higher education where the student is enrolled. The Fund's mission is centered around providing educational opportunities to the offspring of its union members, thereby contributing to their future academic success.
Official website here: www.iuoe825.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Stars)
The Internat'L Union Operating Engineer Local 825 Scholarship Fund has received an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and impactful programming. The overall score is derived from a combination of accountability and finance metrics, where the organization scored 97 for its financial practices, indicating prudent management of resources.
One of the standout features of this nonprofit is its exceptional Impact & Measurement Score of 100. This score signifies that the organization effectively measures and demonstrates the impact of its scholarship programs, ensuring that funds are not only well-managed but also result in significant benefits for recipients. Notably, the organization increases income for scholarship recipients by more than $1.50 for every dollar spent, showcasing its efficiency and effectiveness in supporting educational pursuits.
Despite its strengths, potential donors and stakeholders should consider the organization's liabilities to assets ratio of 8.94%. While this figure is relatively low, indicating a healthy balance sheet, it is always prudent for supporters to assess such financial ratios in conjunction with overall organizational goals and sustainability. Overall, this nonprofit stands out as a leader in delivering educational aid to its beneficiaries.
This AI summary has been generated from information found on Charity Navigator.
Is Internat'L Union Operating Engineer Local 825 Scholarship Fund legitimate?
Internat'L Union Operating Engineer Local 825 Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Internat'L Union Operating Engineer Local 825 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
Official website here: www.iuoe825.org
What is the mission statement of Internat'L Union Operating Engineer Local 825 Scholarship Fund?
The Internat'L Union Operating Engineer Local 825 Scholarship Fund's mission is centered around providing financial aid. Specifically, they offer scholarships to the children of IUOE Local 825 members. This support is extended to accredited institutions of higher education, directly benefiting the attending students. The primary goal of the scholarship fund is to alleviate some of the financial burden associated with higher education, thereby enabling these children to pursue their academic endeavors.
Official website here: www.iuoe825.org
Who is the CEO of Internat'L Union Operating Engineer Local 825 Scholarship Fund?
John Wood is the Trustee of Internat'L Union Operating Engineer Local 825 Scholarship Fund.
Official website here: www.iuoe825.org
What is the revenue of Internat'L Union Operating Engineer Local 825 Scholarship Fund?
Internat'L Union Operating Engineer Local 825 Scholarship Fund's revenue in 2022 was $63,410.
Official website here: www.iuoe825.org
Who are the executives of Internat'L Union Operating Engineer Local 825 Scholarship Fund and what are their salaries?
There 20 volunteers at Internat'L Union Operating Engineer Local 825 Scholarship Fund.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $320,262
- Other: $75,712
- Compensation: $0
- Related: $203,462
- Other: $66,112
- Compensation: $0
- Related: $202,709
- Other: $66,274
- Compensation: $0
- Related: $200,346
- Other: $66,112
- Compensation: $0
- Related: $1,800
- Other: $0
- Compensation: $0
- Related: $1,350
- Other: $0
- Compensation: $0
- Related: $1,350
- Other: $0
- Compensation: $0
- Related: $1,300
- Other: $0
Official website here: www.iuoe825.org
Where can I find the form 990 for Internat'L Union Operating Engineer Local 825 Scholarship Fund?
Internat'L Union Operating Engineer Local 825 Scholarship Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iuoe825.org
Learn more at the official website: www.iuoe825.org
Mission Statement of Internat'L Union Operating Engineer Local 825 Scholarship Fund
The Internat'L Union Operating Engineer Local 825 Scholarship Fund is an organization dedicated to providing financial assistance in the form of scholarships for the children of its members. Its mission is to empower the educational pursuits of these children by paying the fees to the accredited institutions of higher education they attend. The fund aims to alleviate some of the financial burden associated with higher education, enabling these children to pursue their academic dreams and future careers. By offering scholarships, the Internat'L Union Operating Engineer Local 825 Scholarship Fund demonstrates its commitment to supporting the families of its members and investing in the next generation.
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Impact
August, 2024
The Internat'L Union Operating Engineer Local 825 Scholarship Fund has a substantial impact by providing financial support in the form of scholarships to the children of IUOE Local 825 members. This support directly contributes to the educational pursuits of these students, helping them to access higher education opportunities that they may not have otherwise been able to afford. By funding their education, the Scholarship Fund empowers these students to achieve their academic goals and pursue successful careers. The impact of this support ripples through families, communities, and the workforce, creating a positive and lasting effect on the lives of the scholarship recipients and those around them.
This information is meant to be a general summary of Internat'L Union Operating Engineer Local 825 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 2022.
- Investment Income: $63,241
- Gross Receipts: $949,725
Assets and Liabilities:
- Total Assets: $2,597,706
- Total Liabilities: $394,989
- Net Assets: $2,202,717
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Organization Details
Founding Year
2011
Phone
(973) 671-6900Principal Officer
John Wood
Main Address
65 SPRINGFIELD AVE 3RD FLR, SPRINGFIELD, NJ, 07081
Website
www.iuoe825.orgNTEE Category
Code: B82 - Education
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