Overview
What is New York State Government Finance Officers' Association Inc?
New York State Government Finance Officers' Association Inc, based in Albany, New York, is a nonprofit organization with a mission to fortify the abilities of government finance professionals in managing public funds efficiently and responsibly. This association leverages the collective expertise of its members to improve efficiency and accountability across New York State. The organization hosts an annual conference, a multi-day event for professional development, networking, and information exchange on various government finance issues. The conference offers skill-building seminars, topical sessions, and opportunities for attendees to share ideas and solutions to common challenges, fostering a collaborative environment for improvement. The association currently employs a team of four individuals.
Official website here: www.nysgfoa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The New York State Government Finance Officers' Association Inc has achieved an impressive Four-Star rating from Charity Navigator, with a score of 96%. This rating reflects the organization's strong commitment to accountability and financial responsibility. The score is derived entirely from their Accountability & Finance metrics, indicating a high level of transparency and effective management of resources.
Key strengths of the organization include a board comprised entirely of independent members, ensuring impartial governance. They have demonstrated excellent financial oversight, with no material diversion of assets reported. Additionally, the association has robust policies in place for conflict of interest, whistleblower protections, and document retention, further showcasing their commitment to ethical practices.
While the financial metrics highlight a solid performance, with a program expense ratio of 78.40%, there are no noted limitations in the data available. Overall, the association exemplifies strong financial health and governance, making it a reliable choice for donors looking to support a well-managed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is New York State Government Finance Officers' Association Inc legitimate?
New York State Government Finance Officers' Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York State Government Finance Officers' Association 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: $90,986
Professional Fundraising Fees: $0
Other Salaries and Wages: $174,654
For more financial information, click here
Official website here: www.nysgfoa.org
What is the mission statement of New York State Government Finance Officers' Association Inc?
The New York State Government Finance Officers' Association Inc's mission is centered around enhancing the capability of government finance professionals to manage public finances effectively and responsibly. By leveraging the collective knowledge and expertise of its members, the organization aims to improve efficiency and accountability across New York State. The association utilizes its platform to strengthen the financial management skills of its members, ultimately benefiting the public.
Official website here: www.nysgfoa.org
Who is the CEO of New York State Government Finance Officers' Association Inc?
Maura Ryan is the Executive Di of New York State Government Finance Officers' Association Inc.
Official website here: www.nysgfoa.org
What is the revenue of New York State Government Finance Officers' Association Inc?
New York State Government Finance Officers' Association Inc's revenue in 2022 was $677,903.
Official website here: www.nysgfoa.org
Who are the executives of New York State Government Finance Officers' Association Inc and what are their salaries?
The average compensation at New York State Government Finance Officers' Association Inc during 2022 was $66,410. There are 4 employees and 101 volunteers at New York State Government Finance Officers' Association Inc.
Here are 34 key members and their salaries:
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Official website here: www.nysgfoa.org
Where can I find the form 990 for New York State Government Finance Officers' Association Inc?
New York State Government Finance Officers' Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nysgfoa.org
Learn more at the official website: www.nysgfoa.org
Mission Statement of New York State Government Finance Officers' Association Inc
The New York State Government Finance Officers' Association Inc is an organization dedicated to enhancing the capacity of government finance professionals in managing public finances effectively and responsibly. Their mission is twofold: firstly, they aim to utilize the collective knowledge and expertise of their members to benefit the public by improving efficiency and accountability throughout New York State. Secondly, they strive to empower these professionals to manage public finances in a responsible manner. This mission is a testament to their commitment to fostering a financially sound and accountable public sector in New York State. The Association achieves this by providing a platform for professional development, networking, and the exchange of information at their annual conference, where they offer skill-building seminars and topic-specific sessions on various government finance issues.
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Impact
July, 2024
New York State Government Finance Officers' Association Inc plays a significant role in strengthening the capacity of government finance professionals to manage public finances effectively and responsibly. By providing professional development opportunities, networking events, and informational sessions, the association enhances the efficiency and accountability of government finance throughout New York State. The annual conference organized by NYSGFOA offers skill-building seminars and topical sessions on a variety of government finance issues, allowing attendees to gather ideas, discuss solutions, and create efficiencies. Overall, NYSGFOA's impact lies in contributing to the proficiency and effectiveness of government financial management in the state.
This information is meant to be a general summary of New York State Government Finance Officers' Association 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: $568
- Program Service Revenue: $667,977
- Gross Receipts: $677,903
Assets and Liabilities:
- Total Assets: $892,078
- Total Liabilities: $211,841
- Net Assets: $680,237
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL CONFERENCE
Revenue
$304,363
MEMBERSHIP DUES
Revenue
$212,009
REGIONAL EDUCATIONAL MEETINGS
Revenue
$120,900
NEWSLETTER
Revenue
$30,705
Organization Details
Founding Year
1979
Phone
(518) 465-1512Principal Officer
Maura Ryan
Main Address
3 PINE WEST PLAZA SUITE 308, ALBANY, NY, 12205
Website
www.nysgfoa.orgNTEE Category
Code: B99Z - Education
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