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Soba Scholarship Fund Inc

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

EIN: 821609391 ✦ Floral park, NY ✦ Designated as a 501(c)(3)

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Overview

What is Soba Scholarship Fund Inc?

The Soba Scholarship Fund Inc is a nonprofit organization dedicated to supporting higher education for its members from the Triborough Bridge and Tunnel Authority. Established with the goal of offering scholarships and related resources, the fund distributed $4,500 in awards of $1,500 each in 2022, as part of its mission to help students pursue their college or university education. The Soba Scholarship Fund Inc plays a significant role in fostering educational opportunities for its targeted members.

Is Soba Scholarship Fund Inc legitimate?

Soba Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Soba Scholarship Fund Inc submitted a form 990EZ, 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.

What is the mission statement of Soba Scholarship Fund Inc?

The Soba Scholarship Fund Inc's mission is centered around raising funds and granting scholarships to eligible students aiming to pursue higher education. The scholarship program is exclusively available to members of the Triborough Bridge and Tunnel Authority. In alignment with its mission, the organization distributed a total of $4,500 in scholarships of $1,500 each in 2022, resuming its typical activities following a pause. The Soba Scholarship Fund Inc seeks to support the educational aspirations of its target demographic, contributing to their future academic and professional success.

Who is the CEO of Soba Scholarship Fund Inc?

Michael Albano is the President of Soba Scholarship Fund Inc.

What is the revenue of Soba Scholarship Fund Inc?

Soba Scholarship Fund Inc's revenue in 2022 was $9,788.

Who are the executives of Soba Scholarship Fund Inc and what are their salaries?


Here are 5 key members and their salaries:


Michael Albano (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Ragusa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Dandrea (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Lampropoulos (1St Vice Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Lonergan (2Nd Vice Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Soba Scholarship Fund Inc?

Soba Scholarship Fund Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Soba Scholarship Fund Inc

Soba Scholarship Fund Inc is an organization dedicated to raising funds and offering scholarships to students aiming to pursue higher education at colleges or universities. This scholarship fund has a specific focus on supporting members of the Triborough Bridge and Tunnel Authority. In line with its mission, the organization distributed a total of $4,500 in scholarship awards in 2022, with each recipient receiving $1,500. This demonstrates Soba Scholarship Fund Inc's commitment to helping deserving students realize their academic aspirations and move forward in their educational journeys.

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Impact




August, 2024

The impact of SOBA Scholarship Fund Inc is evident in its dedication to supporting students in pursuing higher education through the distribution of scholarships. By providing financial assistance and related materials to students interested in attending colleges or universities, the organization plays a crucial role in facilitating access to education for members of the Triborough Bridge and Tunnel Authority. In 2022, the organization resumed its scholarship award distribution, totaling $4,500 in scholarships at $1,500 each, aligning with its mission to empower students and invest in their academic success. Through its targeted focus on education, SOBA Scholarship Fund Inc contributes to building a more inclusive and opportunity-rich future for aspiring scholars.




This information is meant to be a general summary of Soba Scholarship Fund 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
$9,788 (2022)
Expenses
$5,450 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $51
  • Gross Receipts: $17,356

Assets and Liabilities:

  • Total Assets: $19,082
  • Total Liabilities: $0
  • Net Assets: $19,082

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Organization Details

Principal Officer

Michael Albano

Main Address

99 Tulip Avenue Suite 306, Floral Park, NY, 11001

NTEE Category

Code: B82 - Education

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