Joe Lembo Memorial Scholarship Fund

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

EIN: 853809015 ✦ East meadow, NY ✦ Designated as a 501(c)(3)

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Overview

What is Joe Lembo Memorial Scholarship Fund?

The Joe Lembo Memorial Scholarship Fund is a nonprofit organization, known for its commitment to supporting high school students by offering them college scholarships. With a focus on providing financial assistance to two deserving students annually, this organization plays a crucial role in expanding educational opportunities. Although the information does not specify the fund's history or location, it is clear that their primary mission is to empower young individuals through higher education. Currently, the scholarship program appears to be inactive for the year 2020, but its dedication to academic success remains unwavering.

Is Joe Lembo Memorial Scholarship Fund legitimate?

Joe Lembo Memorial Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Joe Lembo Memorial Scholarship Fund 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 Joe Lembo Memorial Scholarship Fund?

The Joe Lembo Memorial Scholarship Fund's mission is centered around offering college scholarships to high school students. This charitable organization typically makes scholarship payments to two students annually. However, it was reported to be inactive for the year 2020. The primary objective of this fund is to support the higher education aspirations of deserving students.

Who is the CEO of Joe Lembo Memorial Scholarship Fund?

Neil Lembo is the President of Joe Lembo Memorial Scholarship Fund.

What is the revenue of Joe Lembo Memorial Scholarship Fund?

Joe Lembo Memorial Scholarship Fund's revenue in 2022 was -$1,185.

Who are the executives of Joe Lembo Memorial Scholarship Fund and what are their salaries?


Here are 4 key members and their salaries:


Neil Lembo (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Lembo (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Lembo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Lembo (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Joe Lembo Memorial Scholarship Fund?

Joe Lembo Memorial Scholarship Fund's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Joe Lembo Memorial Scholarship Fund

The Joe Lembo Memorial Scholarship Fund, named in honor of an individual whose identity is not provided in the given information, is dedicated to making college education more accessible for high school students. Its primary mission is to provide financial aid in the form of scholarships to two deserving students each year. This mission is aimed at enabling these students to pursue their higher education and build a brighter future for themselves. Unfortunately, the scholarship fund was inactive for the year 2020. Despite this inactivity, the fund's mission to support young individuals in their academic pursuits remains a notable commitment to education and personal development.

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Impact




October, 2024

The Joe Lembo Memorial Scholarship Fund has made a significant impact by providing financial assistance to high school students pursuing higher education. By awarding college scholarships to deserving students, it helps alleviate the financial burden associated with college tuition and related expenses. This support not only enhances access to education but also empowers students to achieve their academic goals and pursue their career aspirations. The fund serves as an important resource in the East Meadow community, fostering educational opportunities and encouraging young individuals to invest in their futures. Although it was inactive in 2020, its contributions to education and student success remain impactful.




This information is meant to be a general summary of Joe Lembo Memorial 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
-$1,185 (2022)
Expenses
$1,993 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $39,790

Assets and Liabilities:

  • Total Assets: $16,183
  • Total Liabilities: $0
  • Net Assets: $16,183

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Organization Details

Principal Officer

Neil Lembo

Main Address

2472 GLADMORE STREET, EAST MEADOW, NY, 11554

NTEE Category

Code: B82 - Education

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