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New York Police Chiefs' Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 030439386 ✦ White plains, NY ✦ Designated as a 501(c)(3)

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Overview

What is New York Police Chiefs' Foundation Inc?

New York Police Chiefs' Foundation Inc, located at 297 Knollwood Road 300, White Plains, NY 10607, is a nonprofit organization dedicated to fostering public involvement in crime reduction efforts. The foundation supports New York State Crime Stoppers, Inc., a related 501(c)3 organization, through financial assistance. Their mission is to promote best practices that encourage the public to contribute financially towards reducing crime in New York State. The organization continues to receive funding contributions and granted $15,548 to New York State Crime Stoppers, Inc. in 2022.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 54%, One-Star out of Four Stars

The New York Police Chiefs' Foundation Inc has received a low rating of 54%, which translates to a One-Star designation. This rating reflects concerns primarily surrounding the organization's financial accountability and transparency. The overall score is derived solely from its Accountability & Finance metrics, suggesting a significant focus on these areas in evaluating its operation.

Despite the low rating, the foundation demonstrates some strengths, including a fully independent board with no material diversion of assets. The organization has policies in place for conflict of interest, whistleblower protections, and document retention, all of which received high marks. However, the foundation's program expense ratio of only 18.20% indicates that a relatively small portion of its budget is directed toward its charitable activities, raising questions about its effectiveness and impact.

Overall, while the New York Police Chiefs' Foundation Inc has established some solid governance practices, its low score highlights critical weaknesses in financial management and program spending. Potential donors and supporters might consider these factors when assessing the foundation's overall performance and impact in the community.


This AI summary has been generated from information found on Charity Navigator.

Is New York Police Chiefs' Foundation Inc legitimate?

New York Police Chiefs' Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York Police Chiefs' Foundation Inc 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: $78,649
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of New York Police Chiefs' Foundation Inc?

The New York Police Chiefs' Foundation Inc's mission is centered around promoting effective strategies to encourage the public to contribute towards reducing crime. They accomplish this by supporting a related organization, New York State Crime Stoppers, Inc., financially. The Foundation's activities primarily involve fundraising to aid this organization. In 2022, they granted $15,548 to New York State Crime Stoppers, Inc., furthering their shared goal of crime reduction.

Who is the CEO of New York Police Chiefs' Foundation Inc?

Joe Olenik is the Chairman of New York Police Chiefs' Foundation Inc. The CEO's salary of New York Police Chiefs' Foundation Inc is $0 and their total compensation is $0.

What is the revenue of New York Police Chiefs' Foundation Inc?

New York Police Chiefs' Foundation Inc's revenue in 2022 was $90,161.

Who are the executives of New York Police Chiefs' Foundation Inc and what are their salaries?


Here are 4 key members and their salaries (New York Police Chiefs' Foundation Inc's CEO's salary is $0 and their total compensation is $0):


Joe Olenik (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert L Pavone (Ceo/President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Mancone (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Matteis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for New York Police Chiefs' Foundation Inc?

New York Police Chiefs' Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of New York Police Chiefs' Foundation Inc

The New York Police Chiefs' Foundation Inc plays a vital role in promoting best practices that encourage the public to contribute towards reducing crime. Their mission is centered around providing financial assistance to a related organization, New York State Crime Stoppers, Inc. By doing so, they aim to amplify efforts aimed at crime reduction. The foundation's activities are geared towards fostering an environment where the public actively participates in crime prevention efforts, thereby contributing to a safer society. In 2022, the organization demonstrated its commitment to this mission by granting $15,548 to New York State Crime Stoppers, Inc., a 501(c)3 organization. This financial support underscores their dedication to strengthening partnerships that contribute to crime reduction initiatives.

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Impact




October, 2024

New York Police Chiefs' Foundation Inc significantly impacts crime reduction by financially supporting New York State Crime Stoppers, Inc. Through fundraising and strategic contributions, such as a $15,548 grant in 2022, it bolsters initiatives that encourage public involvement in crime prevention. By promoting best practices for enhancing community contributions to safety, the organization fosters a collaborative environment that empowers citizens to play an active role in reducing crime rates. This concerted effort not only strengthens law enforcement's capacity to address criminal activity but also cultivates trust and cooperation between the police and the communities they serve.




This information is meant to be a general summary of New York Police Chiefs' Foundation Inc. 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.

Revenue
$90,161 (2022)
Expenses
$95,547 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3
  • Gross Receipts: $90,161

Assets and Liabilities:

  • Total Assets: $4,175
  • Total Liabilities: $0
  • Net Assets: $4,175

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Organization Details

Founding Year

2002

Principal Officer

Joe Olenik

Main Address

297 KNOLLWOOD ROAD 300, WHITE PLAINS, NY, 10607

NTEE Category

Code: T30 - Philanthropy

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