Form 990-EZ for tax year 2024
Filed by JERRY VERCRUSE MEMORIAL SCHOLARSHIP FUND INC.
Totals
- Total revenue
- $44,778
- Total expenses
- $23,946
- Contributions and grants received
- $49,079
- Grants paid
- $23,000
- Program service revenue
- not reported
- Membership dues (line 3)
- not reported
- Investment income (line 4)
- $77
- Gain or loss on sale of assets (line 5c)
- not reported
- Gaming and fundraising events, net (line 6d)
- -$4,378
- Gross profit on inventory sales (line 7c)
- not reported
- Other revenue (line 8)
- not reported
- Total assets, end of year
- $87,677
- Total liabilities, end of year
- not reported
- Net assets or fund balances, end of year
- $87,677
- Program service expenses (Part III)
- $23,000
Program services were 96.0% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.
Mission and programs · 2024
Primary exempt purpose
The object of this corporation is to serve the various communities in which the Union members affiliated with Teamsters Local 630 reside, as well as other communities where Teamster members reside, by promoting the welfare of Teamster members and other persons, generally, who have financial, medical, or social needs, including to raise monies and distribute the same to help defray costs for educational purposes sought by members in good standing or their dependents; and/or members in the larger Teamsters' community. Said purpose shall be served by the following, and other, means: contributions to charitable organizations which are tax exempt under Section 501(c)(3) of the Internal Revenue Code which serve the communities of the Teamsters membership and the rendering of financial or other assistance to needy or disabled Teamster members, their children, and to the larger communities in which Teamsters reside.
-
The Organization put on a golf fund-raising event in which the net proceeds are used to provide $23,000 in donations to 1 charitable organization and 13 scholarships.
Expenses $23,000 · Grants $23,000
As filed on the 2024 return.
Listed in Part IV
-
Luis Villalvazo
Chairman
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 2
-
Jessica Ledesma
Rec. Secretary
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 2
-
Frank Afoa
CFO
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 2
Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, 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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990_ez
- Tax year
- 2024
- Filed
- 19 May 2025
- IRS schema version
- 2024v5.1
- Source object
- 202531409349201503
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