EIN 20-8216512

Financial Resources Fcu Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2007
Most recent tax filings
2023-12-01
Description
Financial Resources Fcu Foundation awards scholarships, hosts charity events, and supports charitable, religious and scientific purposes in Bridgewater, NJ.
Total revenues
$103,500
2023
Total expenses
$49,879
2023
Total assets
$112,881
2023
Num. employees
0
2023

Program areas at Financial Resources Fcu Foundation

2023 charity event was at the palace at somerset park with proceeds benefitting middle earth as well as other local charities (see Financial statement) and scholarships (listed here and on Financial statement). Middle earth provides individuals, primarily youth, with prevention and intervention services to help them develop into responsible self-sufficient members of the community.
Financial Resources Fcu developed the "we're here for you" program to provide emergency grants to co-workers.
Py - three $1,000 scholarships were awarded in 2023 the applicants must be a member in good standing of Financial Resources federal credit union or reside in somerset, hunterdon, middlesex, hudson, or union counties and must be enrolled as a high school senior at the time the application is filled out. The scholarship fund must be used for tuition or textbooks and only at an accredited educational instituition. The signed application must be submitted with an official high school transcript and with the teacher reference portion of the application, completed by one of the applicant's teachers and returned in a sealed, signed envelope. Judging is based on academic performance, community service / invovlement, teacher reference and personal goals.
Employees of Financial Resources Fcu donate an amount in order to wear jeans to work for that day. All money raised is then contributed to local charities.

Grants made by Financial Resources Fcu Foundation

GranteeGrant descriptionAmount
Middle EarthTo Provide Support To Middle Earth Who Provides Services and Programs To Adolescents. the Funds Provided More Resources for Lunch-Time Mentoring Program and Community Youth Centers in Somerset County.$20,000

Personnel at Financial Resources Fcu Foundation

NameTitleCompensation
Frank AlmeidaPresident$0
Caryn KomenskyDirector$0
Susan DvorinSecretary$0
Beth MolinaroDirector$0
Beth ElbaumTreasurer$0
...and 6 more key personnel

Financials for Financial Resources Fcu Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$126,513
Program services$0
Investment income and dividends$366
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-25,706
Net income from gaming activities$2,327
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$103,500

Form 990s for Financial Resources Fcu Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-06990View PDF
2022-122023-05-12990View PDF
2018-122019-10-12990View PDF
2018-122019-09-20990View PDF
2017-122018-11-15990View PDF
...and 9 more Form 990s
Data update history
July 21, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 3, 2023
Updated personnel
Identified 5 new personnel
June 1, 2022
Posted financials
Added Form 990N for fiscal year 2021
June 2, 2021
Posted financials
Added Form 990N for fiscal year 2020
April 22, 2021
Posted financials
Added Form 990N for fiscal year 2019
Nonprofit Types
Grantmaking organizationsYouth development programsCharities
Issues
EducationHuman servicesChildren
Characteristics
Fundraising eventsTax deductible donationsNo full-time employees
General information
Address
520 Us Hwy 22 E 1st Floor
Bridgewater, NJ 08807
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Somerset County, NJ
Phone
(908) 253-6449
IRS details
EIN
20-8216512
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
O12: Youth Development Fund Raising and Fund Distribution
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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