2024-11-15T11:27:34-06:00 2023-12-31 132858927 FITZSIMMONS ABRAMS LLP 7600 JERICHO TPKE WOODBURY NY 11797 990 2023-01-01 020602066 CARPENTERS' LOCAL 157 SCHOLARSHIP FUND CARP 2126850567 395 HUDSON STREET NEW YORK NY 10014 ANTHONY MADAIO DIRECTOR 2126850567 2024-11-07 1 0 DAVID FITZSIMMONS P01242338 5166820100 X 2023 2024-10-15 13:58:12Z ANTHONY MADAIO 395 HUDSON STREET NEW YORK NY 10014 225561 0 X N/A X 2003 NY THE PROGRAM WAS DESIGNED TO ASSIST QUALIFIED APPLICANTS IN ATTAINING THE BENEFITS OF A COLLEGE EDUCATION. THE CARPENTERS' LOCAL 157 SCHOLARSHIP FUND OFFERS A WAY TO EXPRESS OUR CONTINUED EFFORTS SUPPORTING EDUCAITON FOR OUR MEMBERS' CHILDREN. 5 5 0 0 0 0 154317 80763 0 0 2382 14626 0 45000 156699 140389 288000 288000 0 0 0 0 0 0 0 9300 9588 297300 297588 -140601 -157199 2114074 1911901 498250 453275 1615824 1458626 THE PROGRAM WAS DESIGNED TO ASSIST QUALIFIED APPLICANTS IN ATTAINING THE BENEFITS OF A COLLEGE EDUCATION. THE CARPENTERS LOCAL 157 SCHOLARSHIP FUND OFFERS A WAY TO EXPRESS OUR CONTINUED EFFORTS SUPPORTING EDUCATION FOR OUR MEMBERS' CHILDREN. 0 0 295513 288000 SCHOLARSHIPS AWARDED DURING THE COURSE OF THE YEAR TO QUALIFIED RECIPIENTS. 295513 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 1 1 0 0 0 NY X CARPENTERS' LOCAL 157 SCHOLARSHIP F 2126850567 395 HUDSON STREET NEW YORK NY 10014 ANTHONY MADAIO DIRECTOR 1.00 20.00 X 0 16475 0 EAMON CAREY DIRECTOR 1.00 20.00 X 0 12525 0 GERALD MATTHEWS DIRECTOR 1.00 20.00 X 0 2025 0 DONALD FOLEY DIRECTOR 1.00 20.00 X 0 4700 0 MANGITO FOWLKES DIRECTOR 1.00 20.00 X 0 6600 0 0 42325 0 0 0 0 0 0 79318 1445 80763 14626 14626 85172 79318 85172 0 SCHOLARSHIP FORFEITURE 900099 45000 45000 45000 140389 0 0 59626 288000 288000 1800 1800 275 275 SCHOLARSHIP EXPENSE 7513 7513 297588 295513 2075 0 988204 771405 1125870 1140496 2114074 1911901 1750 1775 496500 451500 498250 453275 X 1615824 1458626 1615824 1458626 2114074 1911901 -157199 0 X 0 0 0 X 148270 10560 1136742 154317 80763 1530652 148270 10560 1136742 154317 80763 1530652 1530652 2794 1249 633 2382 14626 21684 500 500 1552836 296698 0.98570 0.99620 X 0 X PART X, LINE 2: CARPENTERS' LOCAL 157 SCHOLARSHIP FUND, INC. IS EXEMPT FROM FEDERAL INCOME TAXATION PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. THE FUND IS REQUIRED TO OPERATE IN CONFORMITY WITH THE IRC TO MAINTAIN ITS QUALIFICATION. THE BOARD IS NOT AWARE OF ANY COURSE OF ACTION OR SERIES OF EVENTS THAT HAVE OCCURRED THAT MIGHT ADVERSELY AFFECT THE FUND'S QUALIFIED STATUS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY OR ASSET IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AT DECEMBER 31, 2023, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR ASSET OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2020. GOLF OUTING 164490 79318 85172 8549 50561 26062 164490 79318 85172 8549 50561 26062 85172 0 1 SCHOLARSHIP AWARDS 28 288000 FMV OF AWARD FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S POLICY REQUIRES THE SIGNATORY OFFICER TO REVIEW THE IRS FORM 990 THAT IS PREPARED ON THE ORGNIZATION'S BEHALF BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ON A CASE BY CASE BASIS AT QUARTERLY MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION BY THE PUBLIC UPON WRITTEN REQUEST. UNITED BROTHERHOOD OF CARPENTERS LO UBCJA LOCAL UNION 157 395 HUDSON STREET 1ST FLOOR NEW YORK NY 10014 133986049 LABOR ORGANIZATION NY 501(C)(5) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0