Overview
What is The Ywca Retirement Fund Inc?
The Ywca Retirement Fund Inc is a nonprofit organization located at 55 Broadway, 17th Floor, New York, NY 10006. With a team of 20 employees, this organization offers retirement benefits to eligible participants. The Fund's primary mission is to provide lump sum payments to individuals upon retirement or termination of employment from participating YWCA's. This financial assistance is crucial for ensuring a secure financial foundation during the retirees' later years.
Official website here: www.ywcarf.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%, Four-Star out of Four Star rating.
The YWCA Retirement Fund Inc has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance, which is crucial for donor confidence. The charity's overall score is entirely derived from its accountability and finance metrics, showcasing a commitment to transparency and effective fund management.
Strengths include a fully independent board of directors, demonstrating a governance structure that prioritizes integrity. The organization has also excelled in various financial measures, such as having no material diversion of assets and maintaining a low liabilities to assets ratio, indicating sound financial health. Furthermore, the high program expense ratio suggests that a significant portion of its budget is directed toward its mission-related activities.
While the rating highlights the strengths of the organization, it is important to consider that the score relies solely on the accountability and finance beacon, which may not encompass the full picture of its operational effectiveness or impact on the community. Nonetheless, the organization's policies on conflict of interest and whistleblower protections suggest a robust framework for ethical governance.
This AI summary has been generated from information found on Charity Navigator.
Is The Ywca Retirement Fund Inc legitimate?
The Ywca Retirement Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ywca Retirement 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: $605,723
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,500
For more financial information, click here
Official website here: www.ywcarf.org
What is the mission statement of The Ywca Retirement Fund Inc?
The Ywca Retirement Fund Inc is dedicated to delivering retirement benefits to eligible participants. In simple terms, the organization's mission is to ensure financial security for individuals upon retirement or termination of employment with participating YWCA entities. Through its unwavering commitment, the Fund strives to help participants enjoy their retirement years with peace of mind. By offering lump sum benefit payments, it allows individuals to plan and make the most of their golden years. The Fund's mission underscores its significance in providing essential security and financial stability to those in their retirement years.
Official website here: www.ywcarf.org
Who is the CEO of The Ywca Retirement Fund Inc?
Elliott Buchholz is the Chief Executive Officer of The Ywca Retirement Fund Inc. The CEO's salary of The Ywca Retirement Fund Inc is $343,000 and their total compensation is $403,303.
Official website here: www.ywcarf.org
What is the revenue of The Ywca Retirement Fund Inc?
The Ywca Retirement Fund Inc's revenue in 2022 was $18,633,090.
Official website here: www.ywcarf.org
Who are the executives of The Ywca Retirement Fund Inc and what are their salaries?
The average compensation at The Ywca Retirement Fund Inc during 2022 was $30,461. There are 20 employees and 9 volunteers at The Ywca Retirement Fund Inc.
Here are 16 key members and their salaries (The Ywca Retirement Fund Inc's CEO's salary is $343,000 and their total compensation is $403,303):
- Compensation: $343,000
- Related: $0
- Other: $60,303
- Compensation: $262,723
- Related: $0
- Other: $55,854
- Compensation: $202,951
- Related: $0
- Other: $32,586
- Compensation: $183,559
- Related: $0
- Other: $39,290
- Compensation: $159,628
- Related: $0
- Other: $44,873
- Compensation: $161,890
- Related: $0
- Other: $28,053
- Compensation: $157,601
- Related: $0
- Other: $26,943
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ywcarf.org
Where can I find the form 990 for The Ywca Retirement Fund Inc?
The Ywca Retirement Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ywcarf.org
Learn more at the official website: www.ywcarf.org
Mission Statement of The Ywca Retirement Fund Inc
The Ywca Retirement Fund Inc is a mission-driven organization that focuses on providing retirement benefits to eligible participants. In simpler terms, this nonprofit aims to help individuals save for and secure their retirement years. By offering lump sum benefit payments upon retirement or termination of employment from participating YWCA's, The Ywca Retirement Fund Inc plays a crucial role in ensuring financial stability and peace of mind for its members.
This organization's impact extends beyond just financial support. By providing retirement benefits, The Ywca Retirement Fund Inc enables its participants to enjoy their golden years with dignity and independence. This is particularly important for individuals who have dedicated their careers to serving their communities through the YWCA network. The Fund's services not only acknowledge their hard work, but also offer a sense of security and financial security during their retirement years.
The Ywca Retirement Fund Inc's commitment to its mission is unwavering. Through its lump sum benefit payments, the organization empowers individuals to plan for their future and prepare for life after employment. This not only benefits the individuals themselves, but also the wider community, as financially stable retirees are better able to contribute to their families, volunteer, and engage in their local communities. The Ywca Retirement Fund Inc truly stands as a vital resource for those seeking to save for their retirement and secure their financial future.
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Impact
October, 2024
The YWCA Retirement Fund Inc facilitates financial security for its participants by providing retirement benefits to those who have dedicated their careers to serving within YWCA organizations. By offering lump sum benefit payments upon retirement or termination of employment, the Fund ensures that eligible individuals can transition into retirement with greater peace of mind. This support is crucial for empowering those who have spent years contributing to their communities through the YWCA, enabling them to maintain stability and security in their later years. The Fund’s mission resonates deeply, as it fosters a sense of mutual benefit among its participants, further strengthening the network of support and commitment within the YWCA community in New York and beyond.
This information is meant to be a general summary of The Ywca Retirement 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: $3,819,449
- Program Service Revenue: $14,813,641
- Gross Receipts: $18,633,090
Assets and Liabilities:
- Total Assets: $370,541,445
- Total Liabilities: $8,373,180
- Net Assets: $362,168,265
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Organization Details
Founding Year
1925
Phone
(212) 922-9500Principal Officer
Elliott Buchholz
Main Address
55 Broadway 17th FL, New York, NY, 100063742
Website
www.ywcarf.orgNTEE Category
Code: Y430 - Mutual benefit
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