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Nonprofiteer
← SIGNAL 30 TROOPERS BENEFIT FUND INC

Form 990 for tax year 2023

Filed by SIGNAL 30 TROOPERS BENEFIT FUND INC.

Totals

Total revenue
$1,867,632
Total expenses
$1,406,181
Contributions and grants received
$1,869,830
Grants paid
$646,235
Program service revenue
$0
Investment income
$135,928
Other revenue
-$138,126
Total assets, end of year
$9,249,374
Total liabilities, end of year
$96,084
Net assets or fund balances, end of year
$9,153,290
Program services expenses (Part IX)
$667,968
Management and general expenses
$414,317
Fundraising expenses
$323,896
Program service expenses (Part III)
$667,968

Program services were 47.5% 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

    $472,131

  • 1f · All other contributions, gifts and grants

    $1,397,699

  • 1g · Noncash contributions included above

    $25,000

  • 3 · Investment income

    total $178,991 · excluded $178,991

  • 7a · Gross sales of assets other than inventory

    securities $2,389,707

  • 7b · Less cost or other basis and sales expenses

    securities $2,432,770

  • 7c · Gain or loss

    securities -$43,063

  • 7d · Net gain or loss

    total -$43,063 · excluded -$43,063

  • 8a · Fundraising events: gross income

    $342,278

  • 8a · Fundraising events: contributions included on line 1c

    $472,131

  • 8b · Fundraising events: direct expenses

    $480,404

  • 8c · Net income from fundraising events

    total -$138,126 · excluded -$138,126

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $81,725 · program services $81,725

  • 2 · Grants to domestic individuals

    total $564,510 · program services $564,510

  • 7 · Other salaries and wages

    total $267,555 · management and general $40,133 · fundraising $227,422

  • 9 · Other employee benefits

    total $37,913 · management and general $5,687 · fundraising $32,226

  • 10 · Payroll taxes

    total $18,372 · management and general $2,756 · fundraising $15,616

  • 11a · Fees: management

    total $100,000 · management and general $100,000

  • 11b · Fees: legal

    total $142,972 · management and general $142,972

  • 11f · Fees: investment management

    total $42,360 · management and general $42,360

  • 11g · Fees: other

    total $3,458 · management and general $519 · fundraising $2,939

  • 13 · Office expenses

    total $38,014 · program services $8,810 · management and general $23,330 · fundraising $5,874

  • 14 · Information technology

    total $2,889 · management and general $2,889

  • 16 · Occupancy

    total $19,393 · management and general $19,393

  • 17 · Travel

    total $4,298 · management and general $4,298

  • 22 · Depreciation, depletion and amortization

    total $5,327 · management and general $5,327

  • 23 · Insurance

    total $12,219 · management and general $12,219

  • 24a · Other expenses: FUNDRAISING EXPENSES

    total $46,337 · management and general $6,518 · fundraising $39,819

  • 24b · Other expenses: EMPLOYEE EXPENSES

    total $10,227 · program services $10,227

  • 24c · Other expenses: TELEPHONE

    total $3,207 · management and general $3,207

  • 24d · Other expenses: OTHER EXPENSES

    total $2,709 · management and general $2,709

  • 24e · All other expenses

    total $2,696 · program services $2,696

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,602,770 · end of year $669,056

  • 4 · Accounts receivable

    beginning of year $968 · end of year $24,338

  • 9 · Prepaid expenses and deferred charges

    beginning of year $8,787 · end of year $10,000

  • 10a · Land, buildings and equipment: cost or other basis

    $42,833

  • 10b · Land, buildings and equipment: accumulated depreciation

    $8,473

  • 10c · Land, buildings and equipment, net

    beginning of year $14,687 · end of year $34,360

  • 11 · Investments: publicly traded securities

    beginning of year $6,251,269 · end of year $8,418,385

  • 15 · Other assets

    beginning of year $57,614 · end of year $93,235

  • 17 · Accounts payable and accrued expenses

    end of year $19,109

  • 25 · Other liabilities

    beginning of year $61,322 · end of year $76,975

  • 27 · Net assets without donor restrictions

    beginning of year $7,754,281 · end of year $8,986,360

  • 28 · Net assets with donor restrictions

    beginning of year $120,492 · end of year $166,930

Mission and programs · 2023

Mission

THE FUND WAS DESIGNED TO FOSTER, ENCOURAGE, AND SUPPORT CAREERS IN LAW ENFORCEMENT BY: (A)PROVIDING SUPPORT TO HELP AND ASSIST THE FAMILIES OF LAW ENFORCEMENT PROFESSIONALS IN TIMES OF FINANCIAL EMERGENCY CAUSED BY ACCIDENT, ACTS OF GOD, NATURAL DISASTERS, FLOODS, STORMS, ILLNESS, HOSPITALIZATION, MEDICAL BILLS AND OTHER UNFORSEEN EVENTS THAT CAUSE FINANCIAL DISTRESS FOR THE FAMILIES LAW ENFORCEMENT PERSONNEL; (B) PROVIDING FINANCIAL AID, SUPPORT AND ASSISTANCE TO WORTHY PROGRAMS WHICH ENHANCE THE CAREER FIELD OF LAW ENFORCEMENT; (C) PROVIDING FINANCIAL AID, SUPPORT AND ASSISTANCE TO PUBLIC EDUCATIONAL PROGRAMS WHICH ENHANCE LAW ENFORCEMENT AND CAREERS IN LAW ENFORCEMENT;(D) ESTABLISHING AND FUNDING SCHOLARSHIPS FOR THE FAMILIES OF LAW ENFORCEMENT PROFESSIONALS WHO ARE PURSUING DEGREES IN HIGHER EDUCATION.

Activities or mission (Part I)

THE FUND WAS DESIGNED TO FOSTER, ENCOURAGE, AND SUPPORT CAREERS IN LAW ENFORCEMENT BY: (A) PROVIDING SCHOLARSHIPS, GRANTS AND OTHER FORMS OF FINANCIAL ASSISTANCE TO WORTHY STUDENTS SEEKING EDUCATION TO PURSUE AND FURTHER CAREERS IN LAW ENFORCEMENT;(B)PROVIDING SUPPORT TO HELP AND ASSIST THE FAMILIES OF LAW ENFORCEMENT PROFESSIONALS IN TIMES OF FINANCIAL EMERGENCY CAUSED BY ACCIDENT, ACTS OF GOD, NATURAL DISASTERS, FLOODS, STORMS, ILLNESS, HOSPITALIZATION, MEDICAL BILLS AND OTHER UNFORSEEN EVENTS THAT CAUSE FINANCIAL DISTRESS FOR THE FAMILIES LAW ENFORCEMENT PERSONNEL; (C) PROVIDING FINANCIAL AID, SUPPORT AND ASSISTANCE TO WORTHY PROGRAMS WHICH ENHANCE THE CAREER FIELD OF LAW ENFORCEMENT; (D) PROVIDING FINANCIAL AID, SUPPORT AND ASSISTANCE TO PUBLIC EDUCATIONAL PROGRAMS WHICH ENHANCE LAW ENFORCEMENT AND CAREERS IN LAW ENFORCEMENT;(E) ESTABLISHING AND FUNDING SCHOLARSHIPS FOR THE FAMILIES OF LAW ENFORCEMENT PROFESSIONALS WHO ARE PURSUING DEGREES IN HIGHER EDUCATION.

  • THE FUND WAS DESIGNED TO FOSTER, ENCOURAGE, AND SUPPORT CAREERS IN LAW ENFORCEMENT BY: (A) PROVIDING SCHOLARSHIPS, GRANTS AND OTHER FORMS OF FINANCIAL ASSISTANCE TO WORTHY STUDENTS SEEKING EDUCATION TO PURSUE AND FURTHER CAREERS IN LAW ENFORCEMENT;(B)PROVIDING SUPPORT TO HELP AND ASSIST THE FAMILIES OF LAW ENFORCEMENT PROFESSIONALS IN TIMES OF FINANCIAL EMERGENCY CAUSED BY ACCIDENT, ACTS OF GOD, NATURAL DISASTERS, FLOODS, STORMS, ILLNESS, HOSPITALIZATION, MEDICAL BILLS AND OTHER UNFORSEEN EVENTS THAT CAUSE FINANCIAL DISTRESS FOR THE FAMILIES LAW ENFORCEMENT PERSONNEL; (C) PROVIDING FINANCIAL AID, SUPPORT AND ASSISTANCE TO WORTHY PROGRAMS WHICH ENHANCE THE CAREER FIELD OF LAW ENFORCEMENT; (D) PROVIDING FINANCIAL AID, SUPPORT AND ASSISTANCE TO PUBLIC EDUCATIONAL PROGRAMS WHICH ENHANCE LAW ENFORCEMENT AND CAREERS IN LAW ENFORCEMENT;(E) ESTABLISHING AND FUNDING SCHOLARSHIPS FOR THE FAMILIES OF LAW ENFORCEMENT PROFESSIONALS WHO ARE PURSUING DEGREES IN HIGHER EDUCATION.

    Expenses $667,968 · Grants $646,235

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • ADAM SILVER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • CARMINE DECRESCENTE JR

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    2
  • GORDON WARNOCK

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    15
  • HARVEY ERDLE

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2
  • P JOSEPH COMFORT JR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • PATRICK MURPHY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • RICHARD TSCHERNIA

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • ROBERT MCCORMICK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • ROSS PISCITELLI

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    15
  • SANDY FAMILY

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • VINCENT LEVIEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

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.

Schedule J

Answered yes

  • 3 · Approval by the board or 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

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202433209349305793

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