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DRESSER RAND LOCAL EMPLOYEES ASSOCIATION
OLEAN, NY · EIN 261404973 · Form 990 · FY2021 · Micro (<$100K)
revenue
$39K
expenses
$200K
net assets
$0
employees
0
program ratio
100%
mission · from form 990

EDUCATIONAL ASSISTANCE AND EMPLOYEE MEMORIALS

profile · synthesized from sources

DRESSER RAND LOCAL EMPLOYEES ASSOCIATION is a nonprofit organization based in Olean, NY, focused on providing educational assistance and commemorating employees through memorial activities. The organization supports the workforce community associated with Dresser Rand, offering resources and recognition programs. Its mission centers on employee welfare and educational support within the local industrial context.

named programs · 2 · from sources

What they call their work

Educational Assistance Program
Provides financial and academic support to employees and their dependents for educational pursuits
Employee Memorial Initiative
Honors deceased employees through commemorative activities and recognition events
activities · 1 group

What they do

  • Member Hardship Assistance Programs 1 activity
    • Educational assistance and employee memorial maintenance
      Provides educational assistance to members and maintains memorials for deceased employees.
financials · form 990 · fy2021
revenue
Total revenue$39K
Contributions & grants$3K8%
Program service revenue$00%
Investment income$36K92%
Other revenue$0
expenses
Total expenses$200K
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$2K
Grants paid out$182K
Largest expense lineProfessional Fees
balance sheet
Total assets$0
Cash$3K
Investments$158K
Liabilities$0
Net assets$0
Liquid reserves9.7 mo
2 years on record · 2020–2021 · YoY revenue +270.8%
leadership · form 990 part vii · fy2021

Who runs it

board members · 8
  • CASSONDRA DICK — BOARD MEMBER
  • COMMUNITY BANK NA — Trustee
  • CRAIG MAGUIRE — Trustee
  • DEAN CAMPBELL — BOARD MEMBER
  • GREG EDWARDS — BOARD MEMBER
  • JAN MELARO — BOARD MEMBER
  • MARY HIRSCH — BOARD MEMBER
  • THOMAS STIMLINGER — BOARD MEMBER