Form 990 for tax year 2023
Filed by THOMAS R ELSASSER MEMORIAL SCHOLARSHIP FUND INC.
Totals
- Total revenue
- $556,050
- Total expenses
- $584,730
- Contributions and grants received
- $419,687
- Grants paid
- $539,431
- Program service revenue
- $0
- Investment income
- $136,273
- Other revenue
- $90
- Total assets, end of year
- $4,031,838
- Total liabilities, end of year
- $6,550
- Net assets or fund balances, end of year
- $4,025,288
- Program services expenses (Part IX)
- $539,431
- Management and general expenses
- $45,299
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $539,431
Program services were 92.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$419,687
-
3 · Investment income
total $94,132 · excluded $94,132
-
7a · Gross sales of assets other than inventory
securities $1,342,683
-
7b · Less cost or other basis and sales expenses
securities $1,300,542
-
7c · Gain or loss
securities $42,141
-
7d · Net gain or loss
total $42,141 · excluded $42,141
-
11a · Other revenue: LICENSE PLATE PROCEEDS
total $90 · related or exempt $90
-
11e · Other revenue, total
$90
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $539,431 · program services $539,431
-
11c · Fees: accounting
total $6,000 · management and general $6,000
-
11f · Fees: investment management
total $37,855 · management and general $37,855
-
13 · Office expenses
total $948 · management and general $948
-
23 · Insurance
total $221 · management and general $221
-
24a · Other expenses: NEW YORK STATE CHARITIE
total $275 · management and general $275
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year -$9,460 · end of year -$2,516
-
2 · Savings and temporary cash investments
beginning of year $366,400 · end of year $228,093
-
4 · Accounts receivable
beginning of year $4,703 · end of year $4,172
-
9 · Prepaid expenses and deferred charges
beginning of year $93 · end of year $531
-
11 · Investments: publicly traded securities
beginning of year $3,326,726 · end of year $3,801,558
-
17 · Accounts payable and accrued expenses
beginning of year $5,010 · end of year $6,550
-
25 · Other liabilities
beginning of year $6,431 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $3,677,021 · end of year $4,025,288
Mission and programs · 2023
Mission
THE CORPORATION WAS ESTABLISHED TO ACCEPT CONTRIBUTIONS FOR THE BENEFIT OF WIDOWS, CHILDREN, AND DEPENDENTS OF MEMBERS OF THE UNIFORMED FIREFIGHTERS ASSOCIATION OF GREATER NEW YORK, LOCAL 94 I.A.F.F., WHO HAVE DIED IN NON-LINE OF DUTY CIRCUMSTANCES.
Activities or mission (Part I)
TO COLLECT CONTRIBUTIONS ON BEHALF OF DECEASED MEMBERS.
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $49,000 · Grants $49,000
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $490,431 · Grants $490,431
As filed on the 2023 return. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
Kevin E GallagherKEVIN E GALLAGHER
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Andrew AnsbroANDREW ANSBRO
CO-CHAIRMAN
- Total calculated
- $169,904
- From this org
- $0
- From related orgs
- $166,571
- Other
- $3,333
- Hours/week
- 1 + 49 related
Schedule J breakdown matched by us
- Base
- $0 + $166,571 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $3,333 related
- Nontaxable benefits
- $0
- Filer's total
- $0 + $169,904 related
-
Robert StraubROBERT STRAUB
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Sheila PettitSHEILA PETTIT
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Michael BlockMICHAEL BLOCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Eddie BurkeEDDIE BURKE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael BurkeMICHAEL BURKE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
William KammererWILLIAM KAMMERER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Thomas LamacchiaTHOMAS LAMACCHIA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
William NolanWILLIAM NOLAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stan ReimerSTAN REIMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Troy RobertsTROY ROBERTS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
UNIFORMED FIREFIGHTERS ASSOCIATION OF GRAETER NEW YORK
501(C)(5) · LABOR UNION · NY
-
SECURITY BENEFIT FUND OF THE UFA
501(C)(9) · BENEFIT PLAN · NY
-
RETIRED FIREFIGHTERS SECURITY BENEFIT FUND
501(C)(9) · BENEFIT PLAN · NY
-
STABILIZATION RESERVE FUND OF THE UFA
501(C)(9) · BENEFIT PLAN · NY
-
501(C)(3) · PUBLIC CHARITY · NY
-
UNIFORMED FIREFIGHTERS ASSOCIATION SCHOLARSHIP FUND INC
501(C)(3) · PUBLIC CHARITY · NY
-
COMPENSATION ACCRUAL FUND OF THE UFA
501(A) · PENSION PLAN · NY
-
501(C)(2) · TITLE HOLDING CORPORATION · NY
-
MONEY PURCHASE PLAN FOR TRUSTEES OF UFA
501(A) · PENSION PLAN · NY
-
SECURITY BENEFIT FUND & UFA 401(K) SAVINGS PLAN
501(A) · PENSION PLAN · NY
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 16 June 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531679349301883
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