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Manhasset Student Aid Association
Manhasset, NY · EIN 116048468 · Form 990 · FY2024 · NTEE B82Z · Education · Micro (<$100K) · msaainc.org
revenue
$24K
expenses
$50K
net assets
$223K
employees
0
program ratio
100%
mission · from form 990

The primary goal of the Manhasset Student Association is to insure that no young man or woman residing in Manhasset will be barred from a serious pursuit of post high school education due to financial inability.The Manhasset Student Aid Association offers grants and interest-free loans to deserving students in order to supplement other available sources of funds as long as may be required for attendance at special training courses, vocational schools, two-year or four-year colleges, and in some cases, for graduate school.

profile · synthesized from sources

Manhasset Student Aid Association provides financial assistance to high school graduates and students from Manhasset, NY pursuing post-secondary education. The organization offers grants and interest-free loans to students with demonstrated financial need who have exhausted other funding sources. Support is awarded annually to approximately 25 students, with over 900 recipients since inception.

named programs · 1 · from sources

What they call their work

MSAA Annual Grant and Loan Program
Provides grants and interest-free loans to Manhasset residents pursuing vocational training, community college, four-year colleges, or graduate school based on financial need and academic promise
activities · 2 groups

What they do

  • Local High School Scholarship Programs 1 activity
    • Provides scholarships and interest-free loans to Manhasset students for post-secondary education
      Offers financial aid in the form of grants and interest-free loans to high school seniors and graduates from the Manhasset School District to support attendance at vocational schools, colleges, and graduate programs. The organization provides aid to approximately 25 students annually and has supported over 900 students since its founding.
  • Uncategorized 1 activity
    • Manages annual application process for student financial aid
      Administers a structured application cycle for student aid, requiring submission of applications and supporting documents by an annual deadline of June 13th, with processing conducted via mail through a designated P.O. Box in Manhasset, NY.
financials · form 990 · fy2024
revenue
Total revenue$24K
Contributions & grants$24K100%
Program service revenue$00%
Investment income$00%
Other revenue$0
expenses
Total expenses$50K
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$223K
Cash$94K
Investments$0
Liabilities$0
Net assets$223K
Liquid reserves22.4 mo
6 years on record · 2019–2024 · YoY revenue -37.1%
leadership · form 990 part vii · fy2024

Who runs it

board members · 13
  • Christy Weppler — Director
  • Colleen Sharkey — Vice President- Selection
  • Constance Knies — Vice President-Fundraising
  • Diane Harragan — Director
  • Donna Cullinan-Gillis — Director
  • Gary Stein — Treasurer
  • Kristy Wede — Director
  • Maureen Lavin — Director
  • Nicole Bisgeier — Vice President- Selection
  • Rachel Yemm — Recording Secretary
  • Ralph Desena — Executive Vice President
  • Rich Lombard — President
  • Sandra Liu Chen — Director
relationships · 10

Who they work with

  • Businesses Partner — Collaborates with local businesses to expand educational opportunities for Manhasset students.
  • Local organizations Partner — Partners with local organizations to expand educational opportunities for Manhasset students.
  • MSAA Board of Directors Network — Board composed of unpaid volunteers who administer the organization.
  • Manhasset Community Fund Partner — Partner organization providing support to Manhasset students
  • Manhasset Press Partner — Local media partner providing information relevant to Manhasset students
  • Manhasset SCA Partner — Partner organization supporting Manhasset students
  • Manhasset School District Partner — Targets student aid applicants who are residents of the Manhasset School District.
  • Manhasset Schools Government — Public school system serving Manhasset students
  • Schools Partner — Collaborates with schools to expand educational opportunities for Manhasset students.
  • St Mary’s Manhasset Partner — Local organization supporting Manhasset students
strategies · 2

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.