Overview
What is The Suffolk County Police Memorial Fund Inc?
The Suffolk County Police Memorial Fund Inc, located in Wading River, New York, is a nonprofit organization dedicated to supporting the families of police officers who lost their lives in the line of duty. Their primary mission is to alleviate the educational burdens faced by the surviving spouses and children of these fallen heroes. By providing educational assistance, the fund aims to ensure that these families can continue their education without financial constraints. The Suffolk County Police Memorial Fund Inc serves as a testament to the community's appreciation and commitment to honoring the sacrifices made by these brave officers.
Official website here: www.scpmf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating.
The Suffolk County Police Memorial Fund Inc has received a low score of 56% from Charity Navigator, reflecting concerns primarily in governance and transparency. The organization lacks independent board members, which raises questions about oversight and accountability. Furthermore, it has missing policies related to conflicts of interest, whistleblower protections, and document retention, impacting its overall governance score significantly.
On a more positive note, the Fund demonstrates financial stability with a low liabilities-to-assets ratio of 0.98%, and it allocates a substantial 73.40% of its expenses directly to programs. This indicates that a majority of its funds are being used for mission-related activities rather than administrative costs. Additionally, the organization has shown no material diversion of assets, which is a critical factor in assessing financial integrity.
However, the absence of essential governance policies and a fully independent board suggests that there is room for improvement in organizational practices. Potential donors and supporters should consider these factors carefully when assessing the Fund's overall effectiveness and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is The Suffolk County Police Memorial Fund Inc legitimate?
The Suffolk County Police Memorial Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Suffolk County Police Memorial 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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Official website here: www.scpmf.org
What is the mission statement of The Suffolk County Police Memorial Fund Inc?
The Suffolk County Police Memorial Fund Inc's primary mission is to offer educational assistance to the children of police officers who have tragically lost their lives in the line of duty. This non-profit organization provides a financial resource to alleviate the educational burdens of the surviving spouses and children, demonstrating its commitment to supporting the families of fallen heroes. The Fund's aim is to ensure that these children continue their education without undue financial strain, honoring the sacrifice of their loved ones who dedicated their lives to public service.
Official website here: www.scpmf.org
Who is the CEO of The Suffolk County Police Memorial Fund Inc?
Craig Vasey is the Executive Director of The Suffolk County Police Memorial Fund Inc.
Official website here: www.scpmf.org
What is the revenue of The Suffolk County Police Memorial Fund Inc?
The Suffolk County Police Memorial Fund Inc's revenue in 2022 was $64,048.
Official website here: www.scpmf.org
Who are the executives of The Suffolk County Police Memorial Fund Inc and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.scpmf.org
Where can I find the form 990 for The Suffolk County Police Memorial Fund Inc?
The Suffolk County Police Memorial Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.scpmf.org
Learn more at the official website: www.scpmf.org
Mission Statement of The Suffolk County Police Memorial Fund Inc
The Suffolk County Police Memorial Fund Inc is an organization with a mission to offer educational assistance to the families of police officers who have tragically lost their lives in the line of duty. More specifically, this nonprofit focuses on supporting the children of these fallen heroes. By providing a source of income, it aims to alleviate the financial burden of education for the surviving spouses and children, ensuring that their educational journey remains uninterrupted despite the tragic loss. This act of support serves as a testament to the sacrifice made by these officers and allows their families to honor their memory while continuing their pursuit of knowledge.
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Impact
August, 2024
The Suffolk County Police Memorial Fund Inc's impact is significant in providing educational assistance to the families of police officers who have been killed in the line of duty. By easing the educational burdens of surviving spouses and children of these officers, the fund ensures that they have the necessary resources to pursue their educational goals and aspirations. This support plays a crucial role in honoring the sacrifices made by these officers and their families while also helping to ensure a brighter future for those left behind.
This information is meant to be a general summary of The Suffolk County Police Memorial 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: -$119,359
- Program Service Revenue: $117,561
- Gross Receipts: $978,556
Assets and Liabilities:
- Total Assets: $738,350
- Total Liabilities: $7,250
- Net Assets: $731,100
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MAGAZINE SALES
Revenue
$117,561
Organization Details
Founding Year
1971
Phone
(631) 929-5796Principal Officer
Craig Vasey
Main Address
PO BOX 893, WADING RIVER, NY, 117920893
Website
www.scpmf.orgNTEE Category
Code: I60I - Crime
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