University Section Club Inc

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

EIN: 946089206 ✦ Berkeley, CA ✦ Designated as a 501(c)(3)

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Overview

What is University Section Club Inc?

University Section Club Inc is a nonprofit organization that offers emergency financial aid to students in need. They manage two endowment funds, which collectively provided $4,690 in support in the recent period. The larger fund, University Section Club I House Graduate Student Scholarship, received $2,460, while the 19 Student Grants program, which aids graduating seniors experiencing financial hardships, was allocated $2,230. The latter grants, averaging $1,537 each, help these students overcome financial emergencies and complete their education.


Official website here: www.sectionclub.org

Is University Section Club Inc legitimate?

University Section Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Section Club 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.


Official website here: www.sectionclub.org

What is the mission statement of University Section Club Inc?

The University Section Club Inc, as per its mission, offers emergency financial aid to students through its endowment funds. Two of these funds, namely the University Section Club I House Graduate Student Scholarship Fund and the 19 Student Grants program, collectively provided support amounting to $4,690 in the recent period. Notably, the 19 Student Grants program provided an average grant of $1,537 to graduating seniors who encountered unexpected financial hardships, potentially impeding their graduation. The Club's mission is geared towards assisting students in overcoming such financial challenges, thereby enabling them to complete their academic journeys.


Official website here: www.sectionclub.org

Who is the CEO of University Section Club Inc?

Laurie Wu Mcclain is the President of University Section Club Inc.


Official website here: www.sectionclub.org

What is the revenue of University Section Club Inc?

University Section Club Inc's revenue in 2023 was $75,382.


Official website here: www.sectionclub.org

Who are the executives of University Section Club Inc and what are their salaries?


Here are 13 key members and their salaries:


Laurie Wu Mcclain (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Campos (President-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Peterson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betsy Hanson (Secretary-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Lieu (Corresponding Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia Wenk (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Ladner (Treasurer-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dorothy Kaplan (Co-Chair Of The Elberg Fund)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Hare (Co-Chair Of The Elberg Fund)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonja Marken Velez (Co-Chair Of Student Grants)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Melis (Co-Chair Of Student Grants)
  • Compensation: $0
  • Related: $0
  • Other: $0
Genevieve Boissier-Dreyfus (Membership Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary-Ellis Adams (Newsletter (The Breeze) Editor)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sectionclub.org

Where can I find the form 990EZ for University Section Club Inc?

University Section Club Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.sectionclub.org

Learn more at the official website: www.sectionclub.org

Mission Statement of University Section Club Inc

University Section Club Inc, a nonprofit organization, is committed to providing financial assistance to students in need. Its primary mission is to offer emergency grants through its endowments. Two of these endowments, namely the University Section Club I House Graduate Student Scholarship Fund and the 19 Student Grants program, collectively contributed $4,690 towards this cause last year. The 19 Student Grants program specifically aims to support graduating seniors who have encountered unexpected financial hardships that could potentially impede their graduation. The program provides these students with grants, averaging $1,537 each, to help them overcome their financial challenges and complete their academic journeys successfully.

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Impact




August, 2024

University Section Club Inc's impact is significant as it provides crucial emergency grants to students in need. Through its endowments, the organization received a total of $4,690 in support, with funds allocated to the University Section Club I House Graduate Student Scholarship Fund and the Student Grants program. The organization's Student Grants program awarded an average of $1,537 to graduating seniors facing financial emergencies that could otherwise hinder their ability to graduate. This support plays a vital role in ensuring that students can overcome financial obstacles and successfully complete their education.




This information is meant to be a general summary of University Section Club 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
$75,382 (2023)
Expenses
$91,983 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $11
  • Gross Receipts: $81,619

Assets and Liabilities:

  • Total Assets: $68,847
  • Total Liabilities: $0
  • Net Assets: $68,847

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Organization Details

Principal Officer

Laurie Wu Mcclain

Main Address

2222 Bancroft Way, Berkeley, CA, 947074300

NTEE Category

Code: B80 - Education

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