Nonprofit · EIN 13-2675671
ALBERT SHANKER COLLEGE SCHOLARSHIP FUND OF THE UNITED FED OF TEACHERS
Tax-exempt · NEW YORK, NY 10004
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,062,187 | $972,605 | $89,582 | $1,280,273 | $600,422 | $679,851 |
| June 30, 2024 | 990 | $1,066,369 | $893,576 | $172,793 | $1,141,318 | $551,049 | $590,269 |
| June 30, 2023 | 990 | $1,038,859 | $970,118 | $68,741 | $946,589 | $529,113 | $417,476 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,000,000
- Investment income
- $62,187
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $767,750
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $1,500
- Accounting fees
- $9,500
- Occupancy
- $12,479
- Program services (functional)
- $914,610
- Management and general (functional)
- $57,995
Balance sheet and other
- Total assets, start of year
- $1,141,318
- Total assets, end of year
- $1,280,273
- Total liabilities, end of year
- $600,422
- Net assets, end of year
- $679,851
- Gross receipts
- $1,062,187
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1971
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHAEL MULGREW | TRUSTEE Trustee or director | 1 | $0 | $347,082 | $84,575 |
| ELIZABETH PEREZ | TRUSTEE Trustee or director | 1 | $0 | $231,361 | $37,442 |
| JOSEPH USATCH | DIRECTOR Trustee or director | 2 | $0 | $202,973 | $58,277 |
| MARY JO GINESE | TRUSTEE Trustee or director | 1 | $0 | $201,809 | $30,282 |
| JANELLA HINDS | TRUSTEE Trustee or director | 1 | $0 | $104,769 | $26,192 |
| TOM BROWN | TRUSTEE Trustee or director | 1 | $0 | $83,210 | $21,301 |
| LEO GORDON | TRUSTEE Trustee or director | 1 | $0 | $82,668 | $20,667 |
| RICHARD MANTELL | TRUSTEE Trustee or director | 1 | $0 | $76,814 | $19,204 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHAEL MULGREW | TRUSTEE Trustee or director | 1 | $0 | $343,279 | $71,721 |
| ELIZABETH PEREZ | TRUSTEE Trustee or director | 1 | $0 | $229,497 | $34,963 |
| JOSEPH USATCH | DIRECTOR Trustee or director | 2 | $0 | $189,512 | $48,605 |
| MARY JO GINESE | TRUSTEE Trustee or director | 1 | $0 | $200,531 | $26,742 |
| JANELLA HINDS | TRUSTEE Trustee or director | 1 | $0 | $102,744 | $25,686 |
| TOM BROWN | TRUSTEE Trustee or director | 1 | $0 | $81,400 | $20,890 |
| LEO GORDON | TRUSTEE Trustee or director | 1 | $0 | $81,069 | $20,267 |
| RICHARD MANTELL | TRUSTEE Trustee or director | 1 | $0 | $75,568 | $18,892 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHAEL MULGREW | TRUSTEE Trustee or director | 1 | $0 | $327,736 | $60,405 |
| ELIZABETH PEREZ | TRUSTEE Trustee or director | 1 | $0 | $217,948 | $34,521 |
| MARY JO GINESE | TRUSTEE Trustee or director | 1 | $0 | $190,080 | $26,468 |
| JOSEPH USATCH | DIRECTOR Trustee or director | 2 | $0 | $178,785 | $35,068 |
| JANELLA HINDS | TRUSTEE Trustee or director | 1 | $0 | $98,865 | $24,717 |
| TOM BROWN | TRUSTEE Trustee or director | 1 | $0 | $78,150 | $20,102 |
| RICHARD MANTELL | TRUSTEE Trustee or director | 1 | $0 | $72,485 | $18,121 |
| LEO GORDON | TRUSTEE Trustee or director | 1 | $0 | $78,008 | $0 |
Address and contacts
- Address (IRS master file)
- 52 BROADWAY, NEW YORK, NY 10004-1603
- Principal officer (990 for 2024)
- JOSEPH USATCH, 52 BROADWAY, NEW YORK, NY 10004
- Signed the 990
- JOSEPH USATCH, DIRECTOR
- Phone
- (212) 539-0500
- Website
- WWW.UFT.ORG
- Return prepared by
- WEAVER AND TIDWELL LLP
Mission
TO PROVIDE SCHOLARSHIPS TO NYS PUBLIC HIGH SCHOOL STUDENTS FROM LOW INCOME FAMILIES SO THEY CAN ATTEND COLLEGE.
Program accomplishments
- CONTRIBUTIONS FROM THE UFT WELFARE FUND ARE USED TO PROVIDE TUITION ASSISTANCE. THIS FUND PROVIDES SCHOLARSHIPS FOR GRADUATING SENIORS OF NYC HIGH SCHOOLS. AWARDS ARE GRANTED TO THOSE WHO MEET ACADEMIC STANDARDS AND WHOSE FAMILY INCOME IS WITHIN PRESCRIBED LIMITS.Expenses $914,610 · grants $767,750 · revenue $1,000,000
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 13-2675671
- 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
- 1971
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82Z)
- Assets (IRS master file)
- $1,280,273
- Income (IRS master file)
- $1,062,187
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,062,187 | $972,605 | $1,280,273 | XML |
| 990 | June 2024 | $1,066,369 | $893,576 | $1,141,318 | XML |
| 990 | June 2023 | $1,038,859 | $970,118 | $946,589 | XML |
| 990 | June 2022 | $1,001,553 | $946,768 | $799,751 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 13-2675671).
Questions about ALBERT SHANKER COLLEGE SCHOLARSHIP FUND OF THE UNITED FED OF TEACHERS
- What is the EIN of ALBERT SHANKER COLLEGE SCHOLARSHIP FUND OF THE UNITED FED OF TEACHERS?
- The employer identification number (EIN) of ALBERT SHANKER COLLEGE SCHOLARSHIP FUND OF THE UNITED FED OF TEACHERS is 13-2675671.
- Is ALBERT SHANKER COLLEGE SCHOLARSHIP FUND OF THE UNITED FED OF TEACHERS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
- Are donations to ALBERT SHANKER COLLEGE SCHOLARSHIP FUND OF THE UNITED FED OF TEACHERS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ALBERT SHANKER COLLEGE SCHOLARSHIP FUND OF THE UNITED FED OF TEACHERS 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 ALBERT SHANKER COLLEGE SCHOLARSHIP FUND OF THE UNITED FED OF TEACHERS due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ALBERT SHANKER COLLEGE SCHOLARSHIP FUND OF THE UNITED FED OF TEACHERS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ALBERT SHANKER COLLEGE SCHOLARSHIP FUND OF THE UNITED FED OF TEACHERS?
- The 990 for the year ended June 30, 2025 names JOSEPH USATCH.
- Who are the officers and directors of ALBERT SHANKER COLLEGE SCHOLARSHIP FUND OF THE UNITED FED OF TEACHERS?
- The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does ALBERT SHANKER COLLEGE SCHOLARSHIP FUND OF THE UNITED FED OF TEACHERS have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,062,187, expenses of $972,605 and total assets of $1,280,273 at year end.
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