Overview
What is American Italian Coalition Of Organizations Inc?
The American Italian Coalition of Organizations Inc, situated in Brooklyn, New York, is a nonprofit organization that offers a range of social services. Their primary focus is on supporting senior citizens through funded programs by NYC DFTA. Additionally, they operate day care programs and provide aid through a clothing and food bank. The organization's mission is to enhance the lives of their community members, particularly the elderly, by offering essential services.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The American Italian Coalition of Organizations Inc has received a two-star rating from Charity Navigator, indicating that there are areas needing improvement. The organization scored 71% overall, with a particularly strong performance in areas such as independent board membership and financial oversight, which suggests a commitment to governance and accountability.
However, there are notable weaknesses that impact its rating. The absence of a whistleblower policy and policies on document retention and destruction raises concerns about transparency and operational integrity. Additionally, the organization has a liabilities to assets ratio of 105.41%, which may indicate potential financial risks.
Despite the positive program expense ratio of 98.85%, reflecting that most expenses are directed towards its programs, the overall financial health and governance practices require attention. Addressing these shortcomings will be crucial for improving the organization's standing and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is American Italian Coalition Of Organizations Inc legitimate?
American Italian Coalition Of Organizations Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Italian Coalition Of Organizations 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: $143,710
Professional Fundraising Fees: $0
Other Salaries and Wages: $523,581
For more financial information, click here
What is the mission statement of American Italian Coalition Of Organizations Inc?
The American Italian Coalition Of Organizations Inc is devoted to providing a range of social services. Among these offerings are a senior citizen program, a day care program, and a clothing and food bank program. The senior citizen program is funded by NYC DFTA, indicating a commitment to supporting the elderly within their community. The organization's mission, in essence, is to enhance the lives of various demographics by offering these vital services.
Who is the CEO of American Italian Coalition Of Organizations Inc?
Vincent Chirico is the Director of American Italian Coalition Of Organizations Inc.
What is the revenue of American Italian Coalition Of Organizations Inc?
American Italian Coalition Of Organizations Inc's revenue in 2022 was $1,238,343.
Who are the executives of American Italian Coalition Of Organizations Inc and what are their salaries?
The average compensation at American Italian Coalition Of Organizations Inc during 2022 was $30,331. There are 22 employees at American Italian Coalition Of Organizations Inc.
Here are 11 key members and their salaries:
- Compensation: $87,310
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- Other: $0
- Compensation: $56,400
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Where can I find the form 990 for American Italian Coalition Of Organizations Inc?
American Italian Coalition Of Organizations Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of American Italian Coalition Of Organizations Inc
The American Italian Coalition of Organizations Inc is dedicated to providing a variety of social services to its community. At the heart of its mission, this organization offers programs catering to senior citizens, day care services, and a clothing and food bank. By implementing these initiatives, the American Italian Coalition of Organizations Inc aims to support and uplift various sections of society. Notably, the senior citizen program is funded by NYC DFTA, demonstrating the organization's commitment to providing essential services to its elderly population.
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Impact
July, 2024
The American Italian Coalition of Organizations Inc's impact is primarily focused on providing crucial social services to the community in Brooklyn, NY. This includes running programs for senior citizens, daycare services, and operating clothing and food bank programs. The organization's dedication to serving its community is evident through its mission to offer vital support and resources to those in need. By offering these essential services, the American Italian Coalition of Organizations Inc plays a vital role in improving the well-being and quality of life for individuals and families in Brooklyn.
This information is meant to be a general summary of American Italian Coalition Of Organizations 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.
- Program Service Revenue: $10,464
- Gross Receipts: $1,238,343
Assets and Liabilities:
- Total Assets: $183,987
- Total Liabilities: $244,316
- Net Assets: -$60,329
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANT CONTRIBUTION
Revenue
$10,464
Organization Details
Founding Year
1979
Phone
(718) 256-3445Principal Officer
Vincent Chirico
Main Address
138 BAY 20TH STREET, BROOKLYN, NY, 11214
NTEE Category
Code: P840 - Human services
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