Overview
What is Addictions Care Foundation?
The Addictions Care Foundation is a charitable organization, headquartered at 90 McCarty Avenue, Albany, NY, 12202. Its primary mission is to aid and support the Addictions Care Center of Albany, Inc. (ACCA) in addressing addiction and chemical dependencies. This support encompasses various aspects, such as fundraising, public education, program enhancement, and serving as a focal point for philanthropic support. Furthermore, the foundation rents facilities to ACCA for their outpatient clinic and supported living programs. The foundation's overarching goal is to provide a comprehensive network of assistance for those struggling with addiction.
What are the reviews and ratings of this charity?
79% rating from Charity Navigator indicates that Addictions Care Foundation has earned a Three-Star out of Four Star rating, primarily based on its Accountability & Finance metrics. This score reflects the organization’s financial health and transparency, providing potential donors with a reliable overview of how well the charity is managed.
The organization demonstrates strong governance, with a board composed entirely of independent members, ensuring unbiased decision-making. Additional strengths include a robust conflict of interest policy, whistleblower policy, and proper documentation practices, all of which contribute positively to its overall rating. Furthermore, the program expense ratio is commendable at 100%, suggesting that the majority of its funds are directed towards its mission-related activities.
However, the organization has a liability to assets ratio of 84.03%, which raises some concerns about its financial stability and capacity to meet its obligations. While overall governance and operational transparency are strengths, potential donors may want to consider this financial metric when evaluating their support for the Addictions Care Foundation.
This AI summary has been generated from information found on Charity Navigator.
Is Addictions Care Foundation legitimate?
Addictions Care Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Addictions Care Foundation 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 Addictions Care Foundation?
The Addictions Care Foundation is established with a charitable purpose to support and aid the mission of an organization, the Addictions Care Center, in combating addiction and chemical dependencies. The Foundation's objectives include soliciting donations, educating the public about these issues, enhancing programs undertaken by the Center, and serving as a focal point for philanthropic support. Additionally, the Foundation rents facilities to the Center for their outpatient clinic and supported living programs. In summary, the Addictions Care Foundation focuses on providing assistance to combat addiction and chemical dependencies, while also raising awareness and garnering support for the cause.
Who is the CEO of Addictions Care Foundation?
Michael Reilly is the President of Addictions Care Foundation.
What is the revenue of Addictions Care Foundation?
Addictions Care Foundation's revenue in 2022 was $251,142.
Who are the executives of Addictions Care Foundation and what are their salaries?
There 9 volunteers at Addictions Care Foundation.
Here are 9 key members and their salaries:
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- Other: $0
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- Related: $158,007
- Other: $15,561
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- Other: $0
Where can I find the form 990 for Addictions Care Foundation?
Addictions Care Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Addictions Care Foundation
The Addictions Care Foundation, a charitable organization, is dedicated to aiding and supporting the mission of the Addictions Care Center of Albany, Inc. (ACCA) in addressing addiction and chemical dependencies. By organizing and operating exclusively for this charitable purpose, the Foundation seeks to bolster ACCA's work.
Through various means, the Foundation aims to assist ACCA. This includes soliciting contributions, informing and enlightening the public about addiction and chemical dependencies, improving programs undertaken by ACCA, and serving as a focal point and recipient for philanthropic support. Additionally, the Foundation rents facilities to ACCA for their outpatient clinic and supported living programs.
In essence, the Addictions Care Foundation functions as a pillar of support for ACCA, working tirelessly to enhance their efforts in combating addiction and related issues. By doing so, the Foundation hopes to provide a stable ground for ACCA's mission, enabling them to continue their vital work in helping those struggling with addiction.
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Impact
June, 2024
Addictions Care Foundation's impact is focused on supporting and assisting the Addictions Care Center of Albany, Inc. (ACCA) in its mission to address addiction and other chemical dependencies. The foundation plays a crucial role by soliciting contributions, educating the public about addiction issues, enhancing ACCA's programs, and providing a focal point for philanthropic support. Additionally, the foundation operates and rents facilities to ACCA for their outpatient clinic and supported living programs. Overall, Addictions Care Foundation's efforts contribute to improving mental health and addressing addiction challenges in the Albany community.
This information is meant to be a general summary of Addictions Care Foundation. 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: $250
- Program Service Revenue: $128,304
- Gross Receipts: $273,534
Assets and Liabilities:
- Total Assets: $2,940,082
- Total Liabilities: $2,470,566
- Net Assets: $469,516
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$128,304
Organization Details
Founding Year
2002
Phone
(518) 465-5470Principal Officer
Michael Reilly
Main Address
90 MCCARTY AVENUE, ALBANY, NY, 12202
NTEE Category
Code: F11 - Mental health
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