Form 990-ez, Part I, Line 4 - Other Investment Income
“Description: dividends and interest. Amount: 14,197. Description: checking account interest. Amount: 1. Total included on form 990-ez, line 4: 14,198.”
Shawsheen Technical Scholarship Fund Inc
990EZ • Fiscal year 2023 • EIN 46-3844100
Siviq Scores
Scores are not available for this record yet.
Balance Sheet
Assets
Flat$494,085
Flat from 2023
Net Assets
Flat$494,085
Flat from 2023
Liabilities
Flat$0
Flat from 2023
Revenue And Expenses
Revenue
Flat$39,516
Flat from 2023
Expenses
Flat$17,100
Flat from 2023
Net Income
Flat$22,416
Flat from 2023
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2022 to Jun 30, 2023
- Signed
- May 8, 2024
- Return Version
- 2022v5.0
- Gross Receipts
- $115,603
Mission and Program Overview
Mission
To raise money for the purpose of funding educational endeavors, inclusive of scholarships for graduates of the shawsheen valley regional vocational technical school district.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| INVESTMENT INCOME USED TO PROVIDE SCHOLARSHIPS FOR STUDENTS | $0 | $17,100 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ROBERT G PETERSON SR | President & Director | - | $0 | - | - |
| JAMES M GILLIS | VP & Director | - | $0 | - | - |
| JENNA LESKO | Assistant Treasurer & Director | - | $0 | - | - |
| ROBERT G PETERSON JR | Treasurer & Director | - | $0 | - | - |
| TONY MCINTOSH | Director | - | $0 | - | - |
| MICHAEL N LYONS | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Shawsheen Technical Scholarship
- EIN
- 46-3844100
- Phone
- 9786713603
- Address
- 100 COOK STREET, BILLERICA, MA 01821-5421
Signing Officer
- Name
- Robert G Peterson
- Title
- President
- Phone
- 9786713603
- Signed
- 2024-05-08
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Sean J Downey
- Address
- 707 MAIN STREET, WALTHAM, MA 02451-0609
- Preparer
- Sean J Downey
- Phone
- 7818941200
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: scholarships. Grantee name: 11 individual scholarships-names upon request. Grantee relationship: none. Property description: check. Method used to determine book value: cash value. Method used to determine fmv: cash value. Amount given: 12,500.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: state filing fees. Amount: 53. Description: investment quarterly fees. Amount: 3,347. Total to form 990-ez, line 16: 3,400.”
Raw XML Appendix188 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT & DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VP & DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | ASSISTANT TREASURER & DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER & DIRECTOR |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 3400 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO RAISE MONEY FOR THE PURPOSE OF FUNDING EDUCATIONAL ENDEAVORS, INCLUSIVE OF SCHOLARSHIPS FOR GRADUATES OF THE SHAWSHEEN VALLEY REGIONAL VOCATIONAL TECHNICAL SCHOOL DISTRICT. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | INVESTMENT INCOME USED TO PROVIDE SCHOLARSHIPS FOR STUDENTS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 17100 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 100405 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
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| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
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| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 4100 |
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| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 64978 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.47700 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.34720 |
| IRS990ScheduleA/PrivateFoundation509Ind | 0 | X |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.52300 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.65280 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 71255 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: DIVIDENDS AND INTEREST. AMOUNT: 14,197. DESCRIPTION: CHECKING ACCOUNT INTEREST. AMOUNT: 1. TOTAL INCLUDED ON FORM 990-EZ, LINE 4: 14,198. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACTIVITY CLASSIFICATION: SCHOLARSHIPS. GRANTEE NAME: 11 INDIVIDUAL SCHOLARSHIPS-NAMES UPON REQUEST. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CHECK. METHOD USED TO DETERMINE BOOK VALUE: CASH VALUE. METHOD USED TO DETERMINE FMV: CASH VALUE. AMOUNT GIVEN: 12,500. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: STATE FILING FEES. AMOUNT: 53. DESCRIPTION: INVESTMENT QUARTERLY FEES. AMOUNT: 3,347. TOTAL TO FORM 990-EZ, LINE 16: 3,400. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ROBERT G PETERSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9786713603 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-05-08 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SHAWSHEEN TECHNICAL SCHOLARSHIP |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | FUND INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SHAW |
| ReturnHeader/Filer/EIN | 0 | 463844100 |
| ReturnHeader/Filer/PhoneNum | 0 | 9786713603 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 100 COOK STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BILLERICA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 018215421 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 202805967 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SEAN J DOWNEY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 707 MAIN STREET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WALTHAM |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 024510609 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7818941200 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-05-08 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | SEAN J DOWNEY |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2024-05-13T09:10:25-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | ROBERT |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | PETERSON |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-06-30 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $494,085
- Liabilities
- $0
- Net assets
- $494,085
- Revenue
- $39,516
- Expenses
- $17,100
- Net income
- $22,416