Form 990 for tax year 2022
Filed by UNION CITY EDUCATION FOUNDATION INC.
Totals
- Total revenue
- $87,002
- Total expenses
- $108,641
- Contributions and grants received
- $0
- Grants paid
- $73,079
- Program service revenue
- $56,116
- Investment income
- $27,886
- Other revenue
- $3,000
- Total assets, end of year
- $1,484,761
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $1,484,761
- Program services expenses (Part IX)
- $95,145
- Management and general expenses
- $7,005
- Fundraising expenses
- $6,491
- Program service expenses (Part III)
- $95,145
Program services were 87.6% 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.
-
2a · Program service revenue: SCHOLARSHIPS
total $56,116 · related or exempt $56,116
-
3 · Investment income
total $27,886 · related or exempt $27,886
-
11a · Other revenue: RETURN OF SCHOLARSHIP
total $3,000 · related or exempt $3,000
-
11e · Other revenue, total
$3,000
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $73,079 · program services $73,079
-
4 · Benefits paid to or for members
total $5,254 · program services $5,254
-
5 · Compensation of officers, directors and key employees
total $13,050 · program services $13,050
-
11b · Fees: legal
total $1,200 · program services $1,200
-
11c · Fees: accounting
total $450 · program services $450
-
12 · Advertising and promotion
total $30 · management and general $30
-
13 · Office expenses
total $6,467 · management and general $6,467
-
23 · Insurance
total $508 · management and general $508
-
24a · Other expenses: MISCELLANEOUS
total $2,112 · program services $2,112
-
24b · Other expenses: BANQUET
total $6,491 · fundraising $6,491
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $39,104 · end of year $976,673
-
2 · Savings and temporary cash investments
beginning of year $1,467,296 · end of year $508,088
-
27 · Net assets without donor restrictions
beginning of year $1,506,400 · end of year $1,484,761
Mission and programs · 2022
Mission
TO PROVIDE SCHOLARSHIPS AND EDUCATIONAL ASSISTANCE TO UNION CITY INDIANA STUDENTS. IN ASSISTING STUDENTS FINANCIALLY IT IS HOPED THAT UNION CITY INDIANA AND OUR NATION WILL HAVE A BETTER CHANCE TO IMPROVE THE LIFE FOR THOSE AROUND US.
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $95,145
As filed on the 2022 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
-
Bill CorbinBILL CORBIN
PRESIDENT
- Total calculated
- $12,000
- From this org
- $12,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
Cynthia LeaCYNTHIA LEA
ASST TREASURER
- Total calculated
- $350
- From this org
- $350
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
Angie CrossANGIE CROSS
TREASURER
- Total calculated
- $350
- From this org
- $350
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Mary BrumbaughMARY BRUMBAUGH
SECRETARY
- Total calculated
- $250
- From this org
- $250
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Jennifer VincentJENNIFER VINCENT
ASST SECRETARY
- Total calculated
- $100
- From this org
- $100
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Aaron BlackAARON BLACK
VICE PRESIDENT
- 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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202343199349310559
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