Overview
What is Catholic Institute Of The Food Industry?
The Catholic Institute of the Food Industry is a nonprofit organization situated in New City, New York. Their primary focus is on raising funds to support various charitable causes within the New York metropolitan area, under the umbrella of Catholic Charities. While the specific activities and the amount raised are detailed in their schedule, the information provided suggests that all their endeavors aim to contribute positively to the community, in line with Catholic Charities' mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
The Catholic Institute of the Food Industry has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance. The overall score is based entirely on its accountability and finance metrics, which reflect good governance practices. Notably, the organization has a fully independent board, with all 10 members being independent, and it demonstrates strong financial health with a 0.00% liabilities to assets ratio.
Strengths include a high program expense ratio of 90.09%, suggesting that the majority of its funds are directed towards its core mission rather than administrative expenses. The organization also maintains transparency by documenting board meeting minutes, which is a positive indicator of accountability.
While the charity performs well in several areas, the lack of additional beacons or metrics in its rating could suggest limitations in other operational aspects that are not highlighted in the available data. Overall, the Catholic Institute of the Food Industry shows a stable accountability structure but may benefit from diversifying its performance metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Catholic Institute Of The Food Industry legitimate?
Catholic Institute Of The Food Industry is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catholic Institute Of The Food Industry 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.
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What is the mission statement of Catholic Institute Of The Food Industry?
The Catholic Institute of the Food Industry primarily focuses its activities on fundraising, with the primary objective of supporting various charitable causes under the umbrella of Catholic Charities in the New York metropolitan area. The organization's mission is to channel these funds raised towards alleviating the needs of the less fortunate, demonstrating a commitment to charitable work within the community. The specifics of their schedule and the amount raised are not provided in the given information.
Who is the CEO of Catholic Institute Of The Food Industry?
Frank Boemio is the President of Catholic Institute Of The Food Industry.
What is the revenue of Catholic Institute Of The Food Industry?
Catholic Institute Of The Food Industry's revenue in 2022 was $89,301.
Who are the executives of Catholic Institute Of The Food Industry and what are their salaries?
Here are 30 key members and their salaries:
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Where can I find the form 990 for Catholic Institute Of The Food Industry?
Catholic Institute Of The Food Industry's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Catholic Institute Of The Food Industry
The Catholic Institute of the Food Industry is dedicated to raising funds for Catholic charities in the New York metropolitan area. Their mission is multifaceted, involving organizing various activities aimed at generating resources for these noble causes. All their activities are geared towards benefiting the Catholic charities sector within this specific region. The specifics of these fundraising events and the revenues they generate are outlined in a schedule that is readily available.
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Impact
October, 2024
The Catholic Institute of the Food Industry engages in a range of fundraising activities aimed at supporting Catholic Charities causes within the New York metropolitan area. Its impact is significant as it mobilizes resources and community support to address various charitable needs, enhancing the welfare of individuals and families in the region. By facilitating events and initiatives that generate financial contributions, the institute plays a crucial role in bolstering the outreach and effectiveness of Catholic Charities. This support translates into tangible benefits, such as food assistance, shelter services, and other essential programs that uplift the community. The institute's commitment to its mission reinforces a spirit of compassion and service that resonates throughout the area, fostering a stronger, more resilient community.
This information is meant to be a general summary of Catholic Institute Of The Food Industry. 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.
- Gross Receipts: $189,950
Assets and Liabilities:
- Total Assets: $107,920
- Total Liabilities: $0
- Net Assets: $107,920
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Organization Details
Phone
(201) 404-7424Principal Officer
Frank Boemio
Main Address
230 CONGERS ROAD, NEW CITY, NY, 10956
NTEE Category
Code: X22 - Religion related
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