Nonprofit · EIN 83-3846211
JERRY VERCRUSE MEMORIAL SCHOLARSHIP FUND INC
Tax-exempt · LOS ANGELES, CA 90021
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $44,778 | $23,946 | $20,832 | $87,677 | – | $87,677 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $49,079
- Investment income
- $77
- Net income from fundraising events
- -$4,378
Expenses
- Grants and similar amounts paid
- $23,000
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $946
- Program services (functional)
- $23,000
Balance sheet and other
- Total assets, start of year
- $66,845
- Total assets, end of year
- $87,677
- Total liabilities, end of year
- –
- Net assets, end of year
- $87,677
- Cash, savings and investments
- $87,677
- Gross receipts
- $80,676
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Luis Villalvazo | Chairman | 2 | $0 |
| Jessica Ledesma | Rec. Secretary | 2 | $0 |
| Frank Afoa | CFO | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 750 STANFORD AVE, LOS ANGELES, CA 90021-1416
- Mailing address (990-N for 2023)
- 750 Stanford Ave, Los Angeles CA 90021
- Principal officer (990-N for 2023)
- Lou Villalvazo, 750 Stanford Ave, Los Angeles CA 90021
- Signed the 990-EZ
- Luis Villalvazo, Chairman
- Phone
- (213) 627-2178
- Return prepared by
- Alice Ramos CPA
California records
California keeps its own records of charities and corporations. Search them by EIN 83-3846211 or by the name JERRY VERCRUSE MEMORIAL SCHOLARSHIP FUND INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
The object of this corporation is to serve the various communities in which the Union members affiliated with Teamsters Local 630 reside, as well as other communities where Teamster members reside, by promoting the welfare of Teamster members and other persons, generally, who have financial, medical, or social needs, including to raise monies and distribute the same to help defray costs for educational purposes sought by members in good standing or their dependents; and/or members in the larger Teamsters' community. Said purpose shall be served by the following, and other, means: contributions to charitable organizations which are tax exempt under Section 501(c)(3) of the Internal Revenue Code which serve the communities of the Teamsters membership and the rendering of financial or other assistance to needy or disabled Teamster members, their children, and to the larger communities in which Teamsters reside.
Program accomplishments
- The Organization put on a golf fund-raising event in which the net proceeds are used to provide $23,000 in donations to 1 charitable organization and 13 scholarships.Expenses $23,000 · grants $23,000
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 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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 83-3846211
- 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
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $87,677
- Income (IRS master file)
- $80,676
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $44,778 | $23,946 | $87,677 | IRS |
| 990-N for 2023 Officer: Lou Villalvazo | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2022 Officer: Lou Villalvazo | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Luis Villalvazo | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2018 Officer: Luis Villalvazo | December 31, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
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 83-3846211).
Questions about JERRY VERCRUSE MEMORIAL SCHOLARSHIP FUND INC
- What is the EIN of JERRY VERCRUSE MEMORIAL SCHOLARSHIP FUND INC?
- The employer identification number (EIN) of JERRY VERCRUSE MEMORIAL SCHOLARSHIP FUND INC is 83-3846211.
- Is JERRY VERCRUSE MEMORIAL SCHOLARSHIP FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to JERRY VERCRUSE MEMORIAL SCHOLARSHIP FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does JERRY VERCRUSE MEMORIAL 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 JERRY VERCRUSE MEMORIAL 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 JERRY VERCRUSE MEMORIAL SCHOLARSHIP FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of JERRY VERCRUSE MEMORIAL SCHOLARSHIP FUND INC?
- The 990-N for 2023 names Lou Villalvazo.
- Who are the officers and directors of JERRY VERCRUSE MEMORIAL SCHOLARSHIP FUND INC?
- The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does JERRY VERCRUSE MEMORIAL SCHOLARSHIP FUND INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $44,778, expenses of $23,946 and total assets of $87,677 at year end.
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