Form 990 for tax year 2022
Filed by UNITED FOOD & COMMERCIAL WORKERS UNION LOCAL 880 SCHOLARSHIP FUND.
Totals
- Total revenue
- $73,533
- Total expenses
- $13,200
- Contributions and grants received
- $54,102
- Grants paid
- $13,000
- Program service revenue
- $0
- Investment income
- $8,745
- Other revenue
- $10,686
- Total assets, end of year
- $597,119
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $597,119
- Program services expenses (Part IX)
- $13,000
- Management and general expenses
- $200
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $13,000
Program services were 98.5% 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.
-
1c · Fundraising events
$54,102
-
3 · Investment income
total $8,745 · related or exempt $8,745
-
8a · Fundraising events: gross income
$31,915
-
8a · Fundraising events: contributions included on line 1c
$54,102
-
8b · Fundraising events: direct expenses
$21,229
-
8c · Net income from fundraising events
total $10,686 · excluded $10,686
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $13,000 · program services $13,000
-
24a · Other expenses: FILING FEES
total $200 · management and general $200
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $299,854 · end of year $352,371
-
2 · Savings and temporary cash investments
beginning of year $236,932 · end of year $244,748
-
27 · Net assets without donor restrictions
beginning of year $536,786 · end of year $597,119
Mission and programs · 2022
Mission
THE UNITED FOOD AND COMMERCIAL WORKERS UNION LOCAL 880 SCHOLARSHIP FUND ANNUALLY AWARDS UNDERGRADUATE COLLEGE SCHOLARSHIPS IN THE AMOUNT OF $500 TO $2,000 PER RECIPIENT TYPICALLY PAYABLE IN ANNUAL INSTALLMENTS OF $500 EACH. THE TRUSTEES ARE AUTHORIZED TO PERMIT DISTRIBUTION OF THE $2,000 AWARD IN DIFFERENT INSTALLMENTS IF THE CIRCUMSTANCES WARRANT. THE SCHOLARSHIP FUND TRUSTEES MAY ALSO INCREASE OR DECREASE THE NUMBER OF SCHOLARSHIP GRANTS, OR THE DOLLAR AMOUNT OF THOSE GRANTS, AS THEY DEEM APPROPRIATE. THESE SCHOLARSHIPS ARE GIFTS, NOT LOANS.AVAILABILITY OF THE SCHOLARSHIP GRANTS IS PUBLICIZED IN THE UNION NEWSPAPER AND ON THE UNION'S WEBSITE.
Activities or mission (Part I)
THE MISSION OF THE ORGANIZATION IS TO AWARD SCHOLARSHIPS TO UNDERGRADUATE COLLEGE STUDENTS.
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $13,000 · Grants $13,000
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here. 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
-
Samuel Miles AndersonSAMUEL MILES ANDERSON
TRUSTEE
- Total calculated
- $173,357
- From this org
- $0
- From related orgs
- $161,189
- Other
- $12,168
- Hours/week
- 0.5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $98,750 related
- Bonus
- $0 + $2,500 related
- Other
- $0 + $59,939 related
- Deferred
- $0
- Nontaxable benefits
- $0 + $12,168 related
- Filer's total
- $0 + $173,357 related
-
Carl IvkaCARL IVKA
TRUSTEE
- Total calculated
- $272,046
- From this org
- $0
- From related orgs
- $245,173
- Other
- $26,873
- Hours/week
- 0.5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $207,650 related
- Bonus
- $0 + $6,000 related
- Other
- $0 + $31,523 related
- Deferred
- $0
- Nontaxable benefits
- $0 + $26,873 related
- Filer's total
- $0 + $272,046 related
-
Barbara CarusoBARBARA CARUSO
TRUSTEE
- Total calculated
- $215,305
- From this org
- $0
- From related orgs
- $200,218
- Other
- $15,087
- Hours/week
- 0.5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $77,760 related
- Bonus
- $0 + $2,500 related
- Other
- $0 + $119,958 related
- Deferred
- $0
- Nontaxable benefits
- $0 + $15,087 related
- Filer's total
- $0 + $215,305 related
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
- 3 · Compensation committee
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.
-
UNITED FOOD AND COMMERCIAL WORKERS UNION LOCAL 880
501(C)(5) · LABOR UNION · OH
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 25 January 2024
- IRS schema version
- 2022v5.0
- Source object
- 202410259349300006
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