Overview
What is Lenox Charitable Fund Inc?
Lenox Charitable Fund Inc is a nonprofit organization located at 15 LENOX STREET, SPRINGFIELD, MA, 01108. Its primary goal is to support Jewish Family Service of Western Massachusetts, Inc., another nonprofit organization, in fulfilling its mission. The Lenox Charitable Fund does this by purchasing, selling, and holding real estate and other assets. This financial assistance enables Jewish Family Service of Western Massachusetts, Inc. to strengthen family life within the community by providing various services.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating
Lenox Charitable Fund Inc has received a 79% score from Charity Navigator, which indicates a moderate level of accountability and financial health. The organization boasts a fully independent board, which is a strong point, as it enhances governance and decision-making processes. Additionally, they have effective policies in place for conflict of interest, whistleblower protection, and document retention.
The charity's program expense ratio is commendable, showing that 100% of its expenses go directly to its programs, which reflects a strong commitment to its mission. However, the Liabilities to Assets Ratio stands at 79.52%, suggesting some financial risk that potential donors may want to consider. Overall, while Lenox Charitable Fund Inc demonstrates a solid operational framework, there may be concerns regarding its financial stability.
This AI summary has been generated from information found on Charity Navigator.
Is Lenox Charitable Fund Inc legitimate?
Lenox Charitable Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lenox Charitable Fund 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: $0
Other Salaries and Wages: $0
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What is the mission statement of Lenox Charitable Fund Inc?
The Lenox Charitable Fund Inc's mission is centered around facilitating the work of Jewish Family Service of Western Massachusetts, a 501(c)(3) corporation. This is achieved by purchasing, selling, and holding real estate and other assets. The primary objective is to support Jewish Family Service in its mission to strengthen family life. This is done to enhance the organization's capabilities in serving its community, without providing specific details about the nature of the services provided by Jewish Family Service.
Who is the CEO of Lenox Charitable Fund Inc?
James Greene is the Director "Past" of Lenox Charitable Fund Inc. The CEO's salary of Lenox Charitable Fund Inc is $0 and their total compensation is $166,430.
What is the revenue of Lenox Charitable Fund Inc?
Lenox Charitable Fund Inc's revenue in 2022 was $102,436.
Who are the executives of Lenox Charitable Fund Inc and what are their salaries?
Here are 18 key members and their salaries (Lenox Charitable Fund Inc's CEO's salary is $0 and their total compensation is $166,430):
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- Related: $159,267
- Other: $7,163
- Compensation: $0
- Related: $79,390
- Other: $6,604
Where can I find the form 990 for Lenox Charitable Fund Inc?
Lenox Charitable Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lenox Charitable Fund Inc
Lenox Charitable Fund Inc, as a philanthropic organization, is committed to facilitating the mission of Jewish Family Service of Western Massachusetts, Inc. by purchasing, selling, and holding real estate and other assets. This strategic move enables Jewish Family Service of Western Massachusetts, Inc. to strengthen family life, serving as a vital resource in the organization's endeavors. By leveraging its real estate portfolio, Lenox Charitable Fund Inc plays a crucial role in supporting the broader mission of Jewish Family Service of Western Massachusetts, Inc. in the realm of family support and strengthening.
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Impact
October, 2024
Lenox Charitable Fund Inc significantly contributes to the community by facilitating the operations of Jewish Family Service of Western Massachusetts, Inc. Through strategic real estate rental and asset management, the organization ensures that vital services aimed at strengthening family life are supported. By owning and managing properties, Lenox Charitable Fund Inc provides a stable foundation for programs and services that benefit families in need, enabling them to thrive within the community. This impact extends to enhancing the overall well-being of families by promoting access to essential resources and support systems. The organization plays a crucial role in sustaining and advancing the mission of Jewish Family Service, ensuring a lasting positive effect on the lives of individuals and families in Western Massachusetts.
This information is meant to be a general summary of Lenox Charitable Fund 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,574
- Program Service Revenue: $86,118
- Gross Receipts: $132,412
Assets and Liabilities:
- Total Assets: $532,807
- Total Liabilities: $423,708
- Net Assets: $109,099
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT - JEWISH FAMILY S
Revenue
$86,118
Organization Details
Founding Year
1988
Phone
(413) 737-2601Principal Officer
James Greene
Main Address
15 LENOX STREET, SPRINGFIELD, MA, 01108
NTEE Category
Code: Z99 - Unknown
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