Overview
What is Federation Of Hellenic Societies Or Greater Of Ny Inc?
The Federation of Hellenic Societies or Greater of Ny Inc is a nonprofit organization situated in Astoria, New York, specifically at 2251 29th Street. Their primary mission revolves around celebrating Greek Independence Day by organizing a parade on Fifth Avenue in New York City annually. This event serves as a significant cultural celebration, showcasing the Greek community's heritage and traditions to the broader public. The nonprofit's activities are centered around this annual parade, which highlights the rich history and significance of Greek Independence Day.
Official website here: www.hellenicsocieties.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Star rating.
The Federation of Hellenic Societies of Greater New York Inc has received a low rating due to various accountability and finance issues. While the organization boasts a fully independent board and shows no material diversion of assets, it lacks several critical policies, including conflict of interest and whistleblower policies, which significantly affects its overall score. The absence of documented board meeting minutes and failure to post tax forms on its website further contribute to concerns regarding transparency.
Additionally, although the program expense ratio is somewhat limited at 53.08%, the organization maintains a good liabilities to assets ratio of 0.00%. This indicates that it is not burdened by debt, suggesting some degree of financial stability. However, the lack of fundamental governance practices raises questions about the organization's operational integrity and strategic oversight.
Overall, the Federation of Hellenic Societies of Greater New York Inc demonstrates strengths in board independence and financial liabilities but falls short in critical areas of accountability and transparency, leading to a low rating from Charity Navigator. This points to the need for improvement in governance policies and practices to enhance trust and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Federation Of Hellenic Societies Or Greater Of Ny Inc legitimate?
Federation Of Hellenic Societies Or Greater Of Ny Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Federation Of Hellenic Societies Or Greater Of Ny 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
For more financial information, click here
Official website here: www.hellenicsocieties.org
What is the mission statement of Federation Of Hellenic Societies Or Greater Of Ny Inc?
The Federation of Hellenic Societies Or Greater of Ny Inc is dedicated to celebrating Greek Independence Day through an annual parade held on Fifth Avenue in New York City. This event serves as a significant cultural celebration, showcasing Greek heritage and traditions to a wide audience. The mission of this organization, as reflected in the parade, is to promote and preserve Greek pride and heritage within the broader community. The parade is a symbol of unity and a celebration of the rich history and culture of Greece.
Official website here: www.hellenicsocieties.org
Who is the CEO of Federation Of Hellenic Societies Or Greater Of Ny Inc?
Cleanthis Meimaroglou is the President of Federation Of Hellenic Societies Or Greater Of Ny Inc.
Official website here: www.hellenicsocieties.org
What is the revenue of Federation Of Hellenic Societies Or Greater Of Ny Inc?
Federation Of Hellenic Societies Or Greater Of Ny Inc's revenue in 2022 was -$20,324.
Official website here: www.hellenicsocieties.org
Who are the executives of Federation Of Hellenic Societies Or Greater Of Ny Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hellenicsocieties.org
Where can I find the form 990 for Federation Of Hellenic Societies Or Greater Of Ny Inc?
Federation Of Hellenic Societies Or Greater Of Ny Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hellenicsocieties.org
Learn more at the official website: www.hellenicsocieties.org
Mission Statement of Federation Of Hellenic Societies Or Greater Of Ny Inc
The Federation of Hellenic Societies or Greater of Ny Inc is dedicated to celebrating Greek Independence Day annually through a parade on Fifth Avenue in New York City. This mission of the organization involves organizing and executing an annual event that honors the rich cultural heritage and historical significance of Greece's independence. The parade serves as a platform to showcase Greek traditions, music, and dance, fostering a sense of pride and unity within the Greek community in New York City and beyond. The Federation of Hellenic Societies or Greater of Ny Inc plays a crucial role in preserving and promoting Greek heritage by organizing this significant annual event.
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Impact
October, 2024
The Federation of Hellenic Societies of Greater New York plays a significant role in celebrating and promoting Greek culture and heritage through the annual Greek Independence Day Parade on Fifth Avenue in New York City. This vibrant event, which draws thousands of participants and spectators, not only commemorates Greece's struggle for independence but also fosters a sense of community among Greek-Americans and highlights their contributions to the cultural tapestry of New York.
By organizing the parade, the Federation creates an opportunity for cultural expression through various artistic performances, traditional music, and displays of Greek heritage, helping to educate the public about Greece's rich history. The event also enhances visibility for Greek communities, encourages pride among the diaspora, and strengthens the bonds among different Hellenic organizations throughout the region.
Moreover, the parade has a broader impact by promoting multicultural awareness in New York City. It invites individuals from diverse backgrounds to participate and experience Greek culture, enhancing social cohesion and mutual respect in an increasingly diverse society. Through these activities, the Federation not only commemorates a significant historical event but also plays a vital role in preserving and promoting Greek identity in America.
This information is meant to be a general summary of Federation Of Hellenic Societies Or Greater Of Ny 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: $4,500
- Gross Receipts: $4,500
Assets and Liabilities:
- Total Assets: $1,091,258
- Total Liabilities: $0
- Net Assets: $1,091,258
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
IND DAY PARADE EVENTS
Revenue
$4,500
Organization Details
Founding Year
1938
Phone
(718) 204-6500Principal Officer
Cleanthis Meimaroglou
Main Address
2251 29TH STREET, ASTORIA, NY, 11105
Website
www.hellenicsocieties.orgNTEE Category
Code: A230 - Arts
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