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
-
$10,000
CHARITABLE CONTRIBUTION
-
CHARITABLE CONTRIBUTION
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433209349305793
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