2023-05-12T09:09:22-05:00 2022-12-31 232108173 RKL LLP 1330 BROADCASTING ROAD WYOMISSING PA 196106008 990 2022-01-01 208216512 FINANCIAL RESOURCES FCU FOUNDATION INC FINA 9082536449 520 US HIGHWAY 22 EAST 1ST FLOOR BRIDGEWATER NJ 08807 FRANK ALMEIDA PRESIDENT 9082536449 2023-05-09 1 FRANK ALMEIDA 999009999 0 RUTHANN J WOLL CPA P00647342 6103761595 2023-05-09 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z FRANK ALMEIDA 520 US HIGHWAY 22 EAST 1ST FLOOR BRIDGEWATER NJ 08807 74841 0 X N/A X 2007 NJ THE CORPORATION (FOUNDATION) HAS BEEN ORGANIZED EXCLUSIVELY FOR THE CHARITABLE RELIGIOUS, AND SCIENTIFIC PURPOSES, WITHIN THE MEANING OF SECTIONS 501(3) AND 170(2) OF THE IRS CODE, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE IRS CODE. 7 7 0 5 0 0 75342 64628 0 0 2 2 -14195 -13536 61149 51094 38750 51140 0 0 0 0 0 0 0 2000 117 40750 51257 20399 -163 64848 64935 8817 9067 56031 55868 X THE CORPORATION (FOUNDATION) HAS BEEN ORGANIZED EXCLUSIVELY FOR THE CHARITABLE RELIGIOUS, AND SCIENTIFIC PURPOSES, WITHIN THE MEANING OF SECTIONS 501(3) AND 170(2) OF THE IRS CODE, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE IRS CODE. 0 0 45890 45890 2022 CHARITY EVENT WAS AT THE PALACE AT SOMERSET PARK WITH PROCEEDS BENEFITTING NJCT (NEW JERSEY CENTER FOR TOURETTES SYNDROME AND ASSOCIATED DISORDERS, INC.) AS WELL AS OTHER LOCAL CHARITIES AND SCHOLARSHIPS. NJCT YOUTH DEVELOPMENT PROGRAM PROVIDES YOUTH DIAGNOSED WITH TOURETTE SYNDROME, MENTORSHIP SUPPORT, LEADERSHIP AND SELF-ADVOCACY TRAINING. THE PROGRAM OFFERS A SAFE SPACE WHERE YOUTH CAN BE HEARD, SHARE EPERIENCES, AND LEARN TO ADVOCATE FOR THEMSELVES AND OTHERS. 5000 5000 FIVE $1,000 SCHOLARSHIPS WERE AWARDED IN 2022. THE APPLICANTS MUST BE A MEMBER IN GOOD STANDING OF FINANCIAL RESOURCES FEDERAL CREDIT UNION OR RESIDE IN SOMERSET, HUNTERDON OR MIDDLESEX COUNTIES AND MUST BE ENROLLED AS A HIGH SCHOOL SENIOR AT THE TIME THE APPLICATION IS FILLED OUT. THE SCHOLARSHIP FUND MUST BE USED FOR TUITION OR TEXTBOOKS AND ONLY AT AN ACCREDITED EDUCATIONAL INSTITUITION. THE SIGNED APPLICATION MUST BE SUBMITTED WITH AN OFFICIAL HIGH SCHOOL TRANSCRIPT, AN SAT/ACT TRANSCRIPT PROVIDED THROUGH THE STUDENT'S SCHOOL GUIDANCE OFFICE AND THE TEACHER RFERENCE PORTION OF THE APPLICATION, COMPLETED BY ONE OF THE APPLICANT'S TEACHERS AND RETURNED IN A SEALED, SIGNED ENVELOPE. JUDGING IS BASED ON ACADEMIC PERFORMANCE, COMMUNITY SERVICE / INVOVLEMENT, TEACHER REFERENCE AND PERSONAL GOALS. 250 250 EMPLOYEES OF FINANCIAL RESOURCES FCU DONATE AN AMOUNT IN ORDER TO WEAR JEANS TO WORK FOR THAT DAY. ALL MONEY RAISED IS THEN CONTRIBUTED TO LOCAL CHARITIES 51140 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 7 7 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NJ X BETH ELBAUM 9082536460 520 US HIGHWAY 22 EAST 1ST FLOOR BRIDGEWATER NJ 08807 X FRANK ALMEIDA PRESIDENT 0.50 X X 0 0 0 BRIAN DEMCSAK VICE PRESIDENT 0.50 X X 0 0 0 BETH ELBAUM TREASURER 0.75 X X 0 0 0 SUSAN DVORIN SECRETARY 1.50 X X 0 0 0 SCOTT WITHERSPOON DIRECTOR 0.50 X X 0 0 0 BETH MOLINARO DIRECTOR 0.50 X X 0 0 0 CARYN KOMENSKY DIRECTOR 0.50 X X 0 0 0 0 0 0 0 0 0 0 0 64378 250 64628 2 2 8184 64378 23047 -14863 -14863 2027 700 1327 1327 51094 2 0 -13536 46140 46140 5000 5000 TAX FILING FEES 117 117 51257 51140 117 0 45357 41192 19491 19743 0 4000 64848 64935 8817 9067 8817 9067 X 56031 55868 56031 55868 64848 64935 -163 0 X 0 0 0 X 36827 41010 1280 85630 74489 239236 36827 41010 1280 85630 74489 239236 38185 201051 1 2 2 2 2 9 239245 0.84040 0.85400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED PALACE EVENT 72562 64378 8184 12600 5547 4460 440 72562 64378 8184 12600 5547 4460 440 23047 -14863 1 NEW JERSEY CENTER FOR TOURETTES SYNDROME AND ASSOCIATED DISORDERS INC 56 SAND HILL ROAD FLEMINGTON NJ 08822 261388409 501(C)(3) 20000 0 TO PROVIDE SUPPORT FOR IMPACTED CHILDREN AND THEIR FAMILIES WITH TOURETTES NORTHWEST NEW JERSEY COMMUNITY ACTION PROGRAM INC 350 MARSHALL STREET PHILLIPSBURG NJ 08865 221777156 501(C)(3) 7000 0 GENERAL USE OF OPERATIONS 2 0 PART I, LINE 2: THE BOARD OF DIRECTORS REVIEWS THE FINANCIALS DURING EACH BOARD MEETING AND A FINANCIAL SUMMARY IS INCLUDED IN THE MEETING MINUTES. EXPLANATION FOR FORM 990, SCHEDULE I, PART IV FINANCIAL RESOURCES FCU FOUNDATION, INC. SELECTS CHARITABLE ORGANIZATIONS THAT ARE ELIGIBLE TO RECEIVE DONATIONS AND ARE QUALIFYING NON-PROFIT INSTITUTIONS UNDER 501(C)(3) OF THE IRS CODE. ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) ARE COMMONLY REFERRED TO AS CHARITABLE ORGANIZATIONS. ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) ARE ELIGIBLE TO RECEIVE TAX-DEDUCTIBLE CONTRIBUTIONS IN ACCORDANCE WITH CODE SECTION 170. NOMINATIONS OF CHARITABLE ORGANIZATIONS ARE FILTERED THROUGH THE BOARD MEMBERS AND THE ANNUAL DECISION IS MADE AND DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION A, LINE 2 ALL OF THE EMPLOYEES HAVE A BUSINESS RELATIONAHIP WITH EACH OTHER BECAUSE THEY ARE ALL EMPLOYEES OF FINANCIAL RESOURCES FEDERAL CREDIT UNION. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT REVIEWS RETURN PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 HARDCOPY DOCUMENTS ARE AVAILABLE UPON REQUEST.