Nonprofit · EIN 46-4657542
BAC LOCAL 7 TILE MARBLE AND TERRAZZO SCHOLARSHIP FUND INC
Tax-exempt · LONG IS CITY, NY 11101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $126,562 | $105,550 | $21,012 | $314,434 | $0 | $314,434 |
| December 31, 2023 | 990 | $153,259 | $101,396 | $51,863 | $293,422 | $0 | $293,422 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,830
- Program service revenue
- $0
- Investment income
- $0
- Net income from fundraising events
- $121,732
- Other revenue
- $121,732
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $99,900
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $500
- Program services (functional)
- $105,550
Balance sheet and other
- Total assets, start of year
- $293,422
- Total assets, end of year
- $314,434
- Total liabilities, end of year
- $0
- Net assets, end of year
- $314,434
- Gross receipts
- $254,581
- Employees
- 0
- Year formed
- 2014
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| William Hill | Chairman Officer | 2 | $0 |
| Matt Guy | Treasurer Officer | 2 | $0 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| William Hill | Chairman Officer | 2 | $0 |
| Matt Guy | Treasurer Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 4534 COURT SQ, LONG IS CITY, NY 11101-4301
- In care of
- % THOMAS LANE
- Signed the 990
- William Hill, Chairman
- Phone
- (718) 786-7648
- Return prepared by
- Marshall & Moss LLP
Mission
The corporation is organized to provide scholarships and educations benefits to Union members and their families.
Program accomplishments
- The corporation provides scholarships to Union members and their families.Expenses $105,550
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-4657542
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Unknown (Z99)
- Assets (IRS master file)
- $314,434
- Income (IRS master file)
- $254,581
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $126,562 | $105,550 | $314,434 | XML |
| 990 | December 2023 | $153,259 | $101,396 | $293,422 | XML |
| 990 | December 2022 | $116,706 | $96,325 | $241,559 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-4657542).
Questions about BAC LOCAL 7 TILE MARBLE AND TERRAZZO SCHOLARSHIP FUND INC
- What is the EIN of BAC LOCAL 7 TILE MARBLE AND TERRAZZO SCHOLARSHIP FUND INC?
- The employer identification number (EIN) of BAC LOCAL 7 TILE MARBLE AND TERRAZZO SCHOLARSHIP FUND INC is 46-4657542.
- Is BAC LOCAL 7 TILE MARBLE AND TERRAZZO SCHOLARSHIP FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to BAC LOCAL 7 TILE MARBLE AND TERRAZZO SCHOLARSHIP FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BAC LOCAL 7 TILE MARBLE AND TERRAZZO SCHOLARSHIP FUND INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BAC LOCAL 7 TILE MARBLE AND TERRAZZO SCHOLARSHIP FUND INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BAC LOCAL 7 TILE MARBLE AND TERRAZZO SCHOLARSHIP FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of BAC LOCAL 7 TILE MARBLE AND TERRAZZO SCHOLARSHIP FUND INC?
- The 990 for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does BAC LOCAL 7 TILE MARBLE AND TERRAZZO SCHOLARSHIP FUND INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $126,562, expenses of $105,550 and total assets of $314,434 at year end.
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