Small Public Charity

LIEUTENANTS BENEVOLENT ASSOC CHARITABLE & SCHOLARSHIP FUND INC

LIEUTENANTS BENEVOLENT ASSOC CHARITABLE & SCHOLARSHIP FUND INC, of NEW YORK, NY, is a Small Public Charity tracked in Imperigo's IRS 990 database. The 2022 filing shows $142K in revenue, $101K in expenses, $376K in total assets. 2 publicly reported grants to this organization, totaling roughly $18K, appear in IRS filings.

EIN: 010960059 NEW YORK, NY Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2022
Total Revenue$142K
Total Expenses$101K
Total Assets$376K
Grant Records2
Funding Total$18K
Filing Years2018–2022

Mission

THE PURPOSES FOR WHICH THE CORPORATION WAS FORMED ARE AS FOLLOWS: 1. TO ESTABLISH A SCHOLARSHIP FUND FOR WORTHY STUDENTS; 2. TO AID, ENCOURAGE, STIMULATE, FOSTER AND PROMOTE ARTISTIC, CULTURAL AND EDUCATIONAL ACTIVITIES THROUGH GRANTS, BEQUESTS, GIFTS OR OTHERWISE TO INDIVIDUALS, GROUPS, INSTITUTIONS AND ORGANIZATIONS; 3. TO ACCEPT, HOLD, INVEST, REINVEST AND ADMINISTER ANY GIFTS, BEQUESTS, DEVISES, BENEFITS OF TRUSTS (BUT NOT TO ACT AS TRUSTEE), AND PROPERTY OF ANY SORT WITHOUT LIMITATION AS TO AMOUNT OR VALUE AND TO USE, DISBURSE OR DONATE THE INCOME OR PRINCIPAL THEREOF EXCLUSIVELY FOR CHARITABLE PURPOSES; 4. TO RAISE FUNDS AND SOLICIT DONATIONS FROM INTERESTED INDIVIDUALS, CHARITABLE, EDUCATIONAL AND SCIENTIFIC ORGANIZATIONS AND FOUNDATIONS, AND OTHER INTERESTED ORGANIZATIONS AND FOUNDATIONS, AGENCIES, INSTITUTIONS, ASSOCIATIONS AND CORPORATIONS AND TO ADMINISTER AND EXPEND SUCH FUNDS IN FURTHERANCE OF THE CORPORATE GOALS AND PURPOSES.

Officers & Directors

SECRETARY Christopher Cantelmi
1ST VICE PRESIDENT John Beattie
PRESIDENT Louis Turco
TREASURER Victor Swinton

Officer compensation and complete director data available with membership.

Top Grant Purposes

ASSISTANCE FOR SICK LIEUTENANT
$11,250 1 grant
FOR RECIPIENT'S EXEMPT PURPOSE
$7,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2022 $142K $101K $376K
2021 $175K $85K $448K
2020 $113K $59K $265K
2019 $140K $57K $211K
2018 $168K $108K $128K

Between 2018 and 2022, reported annual revenue declined from $168K to $142K (-15%), with total assets most recently reported at $376K.

Interactive year-over-year charts and full filing details available with membership.

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