Overview
What is The Associated Press Emergency Relief Fund?
The Associated Press Emergency Relief Fund is a charitable organization situated in New York City, specifically at 200 Liberty Street - 20th Floor, NY 10281. Its primary mission is to provide disaster relief aid to a designated group of beneficiaries, which comprises more than 3,000 employees, 2,000 freelancers, and 1,000 retirees from The Associated Press and its affiliated or subsidiary entities. The fund collects and disburses resources to help these individuals in times of crisis.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53% (One-Star out of Four Star Rating)
The Associated Press Emergency Relief Fund has received a low rating of 53%, indicating significant concerns in its accountability and finance practices. With a score of zero in board independence and missing essential policies such as conflict of interest and whistleblower protections, the organization appears to lack transparency and governance that would typically enhance trust among donors.
Despite these weaknesses, the fund demonstrates a strong commitment to its mission, as reflected by a high program expense ratio of 98.56%. This suggests that nearly all of its expenditures are directed towards its relief programs rather than administrative costs, which is a positive aspect for donors focused on impact.
However, the absence of a website listed on the tax form and other organizational documents raises red flags regarding accessibility and transparency. Overall, while the organization is efficient in using funds for its intended purpose, the lack of governance and oversight mechanisms diminishes its credibility.
This AI summary has been generated from information found on Charity Navigator.
Is The Associated Press Emergency Relief Fund legitimate?
The Associated Press Emergency Relief Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Associated Press Emergency Relief Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of The Associated Press Emergency Relief Fund?
The Associated Press Emergency Relief Fund's mission is centered around collecting and distributing disaster relief funds to an eligible group of recipients. This group comprises over 3,000 employees, 2,000 freelancers, and 1,000 retirees of The Associated Press and its affiliates or subsidiaries. The primary objective of the fund is to provide relief during times of disaster, offering support to this extensive community in need.
Who is the CEO of The Associated Press Emergency Relief Fund?
Angela Villacis is the Treasurer of The Associated Press Emergency Relief Fund. The CEO's salary of The Associated Press Emergency Relief Fund is $0 and their total compensation is $0.
What is the revenue of The Associated Press Emergency Relief Fund?
The Associated Press Emergency Relief Fund's revenue in 2022 was $155,924.
Who are the executives of The Associated Press Emergency Relief Fund and what are their salaries?
Here are 6 key members and their salaries (The Associated Press Emergency Relief Fund's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Associated Press Emergency Relief Fund?
The Associated Press Emergency Relief Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Associated Press Emergency Relief Fund
The Associated Press Emergency Relief Fund is a nonprofit organization dedicated to collecting and distributing disaster relief funds to an eligible class of recipients. This group includes over 3,000 employees, 2,000 freelancers, and 1,000 retirees of The Associated Press and its affiliates or subsidiaries. The mission of this fund is to provide financial assistance in times of disaster, aiming to support and help those in need within its specified recipient group.
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Impact
October, 2024
The Associated Press Emergency Relief Fund plays a critical role in providing disaster relief to a significant network of individuals within the Associated Press community. By collecting and distributing funds, the organization supports over 3,000 employees, 2,000 freelancers, and 1,000 retirees from the Associated Press and its affiliates. This extensive outreach ensures that those affected by disasters receive timely assistance, alleviating financial burdens and fostering recovery. The impact of the fund is felt not only in immediate support during crises but also in promoting public safety and resilience within a vital sector of journalism.
This information is meant to be a general summary of The Associated Press Emergency Relief Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $129,837
- Gross Receipts: $155,924
Assets and Liabilities:
- Total Assets: $1,566,586
- Total Liabilities: $0
- Net Assets: $1,566,586
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Organization Details
Founding Year
2005
Principal Officer
Angela Villacis
Main Address
200 LIBERTY STREET -20TH FL, New York, NY, 10281
NTEE Category
Code: M20 - Public safety
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