NonprofitsH&Gl Set Fund

H&Gl Set Fund

NEWARK, NJ

Total revenue

$8.8M

Total expenses

$6.9M

Net assets

$41.9M

Grants received

EIN

226171671

Tax year

2023

Mission

To defray the costs appertaining to vocational and advancement training, general and specific education, improving and insuring safety habits and conditions, and to devise and implement such procedures and programs necessary or favorable to fulfill the foregoing objectives.

Programs

1 program

The plan maintains a scholarship program, awarding four scholarships per year to children of participants for utilization towards tuition fees and other related course expenses. The program provides $5,000 annually for four years to those selected by the scholarship selection committee.the board of trustees agreed on october 26,2015 to increase the yearly scholarship award to $5,000 annually with a 4 year maximum of $20,000.

Expenses: $82KGrants: $80K

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$7.8M
Investment income$941K
Other revenue$66K
Total revenue$8.8M

Expenses

Grants paid$80K
Salaries & benefits$3.5M
Fundraising
Other expenses$3.3M
Total expenses$6.9M
Total assets$42.3M
Net assets$41.9M

People

19 listed

NameRoleCompensation

JOSEPH SCERBO JR

Executive Direc

Board

$182K

40 hrs/wk

GEORGE SAMUELSEN

Executive Direc

Board

$178K

40 hrs/wk

NELSON FERREIRA

Trustee

Board

1 hrs/wk

JACK KOCSIS JR

Trustee

Board

1 hrs/wk

MICHAEL TESTA

Trustee

Board

1 hrs/wk

DAVID RIBLE

TRUSTEE-CO-CHR.

Board

1 hrs/wk

BEVERLY CEASER

GENERAL MANAGER

Board

3 hrs/wk

DENNIS D'IMPERIO

Trustee

Board

1 hrs/wk

RUSSELL BLEY

ASST. GEN. MGR.

Board

3 hrs/wk

MANUEL AMADOR JR

TRUSTEE-CO-CHR.

Board

1 hrs/wk

ANTHONY CAPACCIO

Trustee

Board

1 hrs/wk

FRANK CRISCOLA JR

Trustee

Board

1 hrs/wk

MICHAEL E HELLSTROM JR

Trustee

Board

1 hrs/wk

JEFFREY S WATERS

TRUSTEE

Board

1 hrs/wk

SERGIO DASILVA

INSTRUCTOR

Staff

$143K

46 hrs/wk

JOHN J BOHME

INSTRUCTOR

Staff

$141K

45 hrs/wk

RUSSELL JONES

INSTRUCTOR

Staff

$140K

45 hrs/wk

GERALD P LUDWIG JR

INSTRUCTOR

Staff

$140K

45 hrs/wk

MICHAEL GRISKO

INSTRUCTOR

Staff

$135K

43 hrs/wk

Details

EIN226171671
Subsection03
Ruling date1973-06
Formed1972
Employees19
Volunteers10
H&GL SET FUND — Mission, Financials & Grants Received | Grantivo