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Yonkers Police Cls Benevolent Assoc Scholarship Fund Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 542074727 ✦ Yonkers, NY ✦ Designated as a 501(c)(3)

Overview

What is Yonkers Police Cls Benevolent Assoc Scholarship Fund Inc?

Yonkers Police Class Benevolent Association Scholarship Fund Inc is a nonprofit organization, dedicated to offering educational assistance. They grant scholarships worth $3,000 to 14 deserving recipients, both the dependents of their members and individuals from the community. As of the provided information, 13 scholarships have been distributed. The organization's mission extends beyond its members, demonstrating a commitment to the broader community.


Is Yonkers Police Cls Benevolent Assoc Scholarship Fund Inc legitimate?

Yonkers Police Cls Benevolent Assoc Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yonkers Police Cls Benevolent Assoc Scholarship Fund Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


What is the mission statement of Yonkers Police Cls Benevolent Assoc Scholarship Fund Inc?

The Yonkers Police Classes Benevolent Association Scholarship Fund Inc's mission is centered around providing financial aid. Specifically, they aim to offer scholarships of $3,000 to 14 eligible recipients, which as of recently, has benefited 13 individuals. Beyond their members' dependents, the fund also extends scholarships to individuals within the wider community. The organization's activities also include providing member benefits.


Who is the CEO of Yonkers Police Cls Benevolent Assoc Scholarship Fund Inc?

Michael Hanley is the President of Yonkers Police Cls Benevolent Assoc Scholarship Fund Inc.


What is the revenue of Yonkers Police Cls Benevolent Assoc Scholarship Fund Inc?

Yonkers Police Cls Benevolent Assoc Scholarship Fund Inc's revenue in 2022 was $59,543.


Who are the executives of Yonkers Police Cls Benevolent Assoc Scholarship Fund Inc and what are their salaries?

Here are 2 key members and their salaries:

    Michael Hanley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicholas Vecchiariello (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Where can I find the form 990EZ for Yonkers Police Cls Benevolent Assoc Scholarship Fund Inc?

    The Yonkers Police Cls Benevolent Assoc Scholarship Fund Inc’s most recent form 990EZ was submitted in 2022 and can be accessed here


    Mission Statement of Yonkers Police Cls Benevolent Assoc Scholarship Fund Inc

    The Yonkers Police Class Benevolent Association Scholarship Fund Inc is dedicated to offering financial aid in the form of scholarships. This nonprofit organization aims to support the educational aspirations of dependents of its members and individuals from the broader community. Specifically, it provides scholarships worth $3,000 to 14 deserving recipients annually. In the recent past, the fund has managed to assist 13 recipients with their educational expenses. Beyond its scholarship program, the organization also extends benefits to its members.

    Impact

    This information is meant to be a general summary of Yonkers Police Cls Benevolent Assoc Scholarship Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Sunday, August 4, 2024

    The Yonkers Police Cls Benevolent Assoc Scholarship Fund Inc has a significant impact on the community by providing scholarships to dependents of members and other individuals. The organization awards scholarships of $3,000 to multiple recipients each year, with a total of 13 recipients benefiting from this program. Through this initiative, the organization helps support the educational pursuits of deserving students, making higher education more accessible to those in need. This support not only benefits the recipients directly but also has a positive ripple effect on their families and the community as a whole.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8
  • Program Service Revenue: $0
  • Gross Receipts: $99,984

    • Assets and Liabilities:
  • Total Assets: $49,361
  • Total Liabilities: $0
  • Net Assets: $49,361
  • Organization Details

    Principal Officer

    Michael Hanley

    Main Address

    104 SOUTH BROADWAY, YONKERS, NY, 10701

    NTEE Category

    Code: B82 - Education

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