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CMG MEMORIAL FUND INC

ALBANY, NY · EIN 141830540 · Form 990 · FY2024 · NTEE B82 · Education · Micro (<$100K)
revenue
$59K
expenses
$43K
net assets
$1.3M
employees
0
program ratio
84%
mission · from form 990

TO PROVIDE SCHOLARSHIPS, FINANCIAL AID, ASSISTANCE AND GRANTS TO EMPLOYEES, AGENTS OR REPRESENTATIVES OF CREDIT UNIONS TO PARTICIPATE IN SEMINARS, CONFERENCES, TRADE GATHERINGS OR OTHER EVENTS WHOSE PURPOSE IS THE FURTHERANCE, PROMOTION OR EXPANSION OF THE CREDIT UNION MOVEMENT.

profile · synthesized from sources

CMG MEMORIAL FUND INC is a New York-based nonprofit that provides financial assistance and grants to employees and representatives of credit unions. These funds support attendance at seminars, conferences, and trade gatherings aimed at advancing the credit union movement. The organization operates exclusively for educational purposes within the credit union sector.

named programs · 1 · from sources

What they call their work

Scholarship and Grant Program
Provides financial aid to credit union employees and agents to attend educational and professional development events that promote the credit union movement
activities · 1 group

What they do

  • Union-Linked Educational Scholarships 1 activity
    • Awards grants for professional development in the credit union movement
      Funds scholarships and financial aid for credit union employees, agents, and representatives to attend seminars, conferences, and trade gatherings that promote and expand the credit union movement.
financials · form 990 · fy2024
revenue
Total revenue$59K
Contributions & grants$00%
Program service revenue$00%
Investment income$59K100%
Other revenue$0
expenses
Total expenses$43K
Program expenses84%
Admin / overhead16%
Fundraising0%
Salaries & benefits$0
Grants paid out$37K
Largest expense lineCompensation
balance sheet
Total assets$1.33M
Cash$1.33M
Investments$0
Liabilities$0
Net assets$1.33M
Liquid reserves367.6 mo
3 years on record · 2022–2024 · YoY revenue -79.0%
leadership · form 990 part vii · fy2024

Who runs it

board members · 6
  • CHRIS MARINE — FORMER TREASURER
  • KELLY TIDWELL — VICE PRESIDENT/SECRETARY
  • LEAH CRACCHIOLO — BOARD MEMBER
  • PATTI CANTERBURY — BOARD MEMBER
  • SIERRA PIENIAZEK — TREASURER
  • TIM BRUCULERE — PRESIDENT