2024-06-06T08:02:12-05:00 2023-12-31 232108173 RKL LLP 1330 BROADCASTING ROAD WYOMISSING PA 196106008 990 2023-01-01 208216512 FINANCIAL RESOURCES FCU FOUNDATION INC FINA 9082536449 520 US HIGHWAY 22 EAST 1ST FLOOR BRIDGEWATER NJ 08807 FRANK ALMEIDA PRESIDENT 9082536449 2024-06-04 1 FRANK ALMEIDA 999009999 0 RUTHANN J WOLL CPA P00647342 6103761595 2024-06-04 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z FRANK ALMEIDA 520 US HIGHWAY 22 EAST 1ST FLOOR BRIDGEWATER NJ 08807 132266 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. 6 6 0 6 0 0 64628 126513 0 0 2 366 -13536 -23379 51094 103500 51140 47651 0 0 0 0 0 0 0 117 2228 51257 49879 -163 53621 64935 112881 9067 3392 55868 109489 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 43826 43826 2023 CHARITY EVENT WAS AT THE PALACE AT SOMERSET PARK WITH PROCEEDS BENEFITTING MIDDLE EARTH AS WELL AS OTHER LOCAL CHARITIES (SEE FINANCIAL STATEMENT) AND SCHOLARSHIPS (LISTED HERE AND ON FINANCIAL STATEMENT). MIDDLE EARTH PROVIDES INDIVIDUALS, PRIMARILY YOUTH, WITH PREVENTION AND INTERVENTION SERVICES TO HELP THEM DEVELOP INTO RESPONSIBLE SELF-SUFFICIENT MEMBERS OF THE COMMUNITY. 3000 3000 PY - THREE $1,000 SCHOLARSHIPS WERE AWARDED IN 2023 THE APPLICANTS MUST BE A MEMBER IN GOOD STANDING OF FINANCIAL RESOURCES FEDERAL CREDIT UNION OR RESIDE IN SOMERSET, HUNTERDON, MIDDLESEX, HUDSON, OR UNION 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 AND WITH THE TEACHER REFERENCE 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. 500 500 40000 FINANCIAL RESOURCES FCU DEVELOPED THE "WE'RE HERE FOR YOU" PROGRAM TO PROVIDE EMERGENCY GRANTS TO CO-WORKERS. 325 325 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. 325 325 47651 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 6 6 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 1.00 X X 0 0 0 BRIAN DEMCSAK VICE PRESIDENT 1.00 X X 0 0 0 BETH ELBAUM TREASURER 1.25 X X 0 0 0 SUSAN DVORIN SECRETARY 2.00 X X 0 0 0 BETH MOLINARO DIRECTOR 1.00 X X 0 0 0 CARYN KOMENSKY DIRECTOR 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 86188 40000 325 126513 366 366 2740 86188 28446 -25706 -25706 2647 320 2327 2327 103500 0 0 -23013 44651 44651 3000 3000 2072 2072 156 156 49879 47651 2228 0 41192 36447 19743 76434 4000 0 64935 112881 9067 3392 9067 3392 X 55868 69989 39500 55868 109489 64935 112881 53621 0 X 0 0 0 X 41010 1280 85630 74489 131900 334309 41010 1280 85630 74489 131900 334309 62448 271861 2 2 2 2 366 374 334683 0.81230 0.84040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED PALACE EVENT 88928 86188 2740 368 15750 2777 5670 3881 88928 86188 2740 368 15750 2777 5670 3881 28446 -25706 1 MIDDLE EARTH 520 N BRIDGE STREET BRIDGEWATER NJ 08807 221976521 501C(3) 20000 0 TO PROVIDE SUPPORT TO MIDDLE EARTH WHO PROVIDES SERVICES AND PROGRAMS TO ADOLESCENTS. THE FUNDS PROVIDED MORE RESOURCES FOR LUNCH-TIME MENTORING PROGRAM AND COMMUNITY YOUTH CENTERS IN SOMERSET COUNTY. 1 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 RELATIONSHIP 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 HARD COPY DOCUMENTS ARE AVAILABLE UPON REQUEST.