Overview
What is Day Care Council Of New York -Local 205 Dc 37 Welfare Fund?
The Day Care Council of New York - Local 205 DC 37 Welfare Fund is a nonprofit organization, located in New York City, dedicated to providing essential benefits to eligible participants. With a team of seven employees, they focus on enhancing the well-being of their members through various health and other support services. The organization's mission is clear: to make a positive impact on people's lives by offering crucial benefits when needed.
What are the reviews and ratings of this charity?
The Day Care Council Of New York -Local 205 Dc 37 Welfare Fund is currently not rated by Charity Navigator. This lack of rating stems from the organization's status as an entity that does not meet the 501(c)(3) registration requirement, which is necessary for evaluation by Charity Navigator. The absence of a rating does not indicate a negative or positive assessment, but rather a limitation based on the organization's classification.
Key metrics such as revenue, expenses, and leadership salaries are not available, which further contributes to the absence of a comprehensive financial transparency evaluation. Although historical ratings focused solely on accountability and financial health, they also lacked contemporary evaluation categories such as Leadership & Adaptability and Impact & Measurement, primarily due to the nonprofit's foundation status.
There are no user reviews available from GreatNonprofits for the Day Care Council Of New York -Local 205 Dc 37 Welfare Fund, leaving the public feedback component of evaluation unaddressed. This absence makes it challenging to gauge community or patron sentiment regarding the organization's services or performance.
This AI summary has been generated from information found on Charity Navigator.
Is Day Care Council Of New York -Local 205 Dc 37 Welfare Fund legitimate?
Day Care Council Of New York -Local 205 Dc 37 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Day Care Council Of New York -Local 205 Dc 37 Welfare Fund 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: $253,012
Professional Fundraising Fees: $0
Other Salaries and Wages: $178,969
For more financial information, click here
What is the mission statement of Day Care Council Of New York -Local 205 Dc 37 Welfare Fund?
The Day Care Council of New York - Local 205 DC 37 Welfare Fund is dedicated to extending health and additional benefits to eligible individuals. Their primary goal is to ensure the well-being and overall welfare of those who are part of their program. By providing these essential services, the Fund aims to positively impact their participants' lives and promote their health and well-being. They strive to create an environment of support and care, addressing both the physical and non-physical needs of the individuals they serve.
Who is the CEO of Day Care Council Of New York -Local 205 Dc 37 Welfare Fund?
Lorenzo Newby is the Trustee of Day Care Council Of New York -Local 205 Dc 37 Welfare Fund.
What is the revenue of Day Care Council Of New York -Local 205 Dc 37 Welfare Fund?
Day Care Council Of New York -Local 205 Dc 37 Welfare Fund's revenue in 2022 was $12,475,778.
Who are the executives of Day Care Council Of New York -Local 205 Dc 37 Welfare Fund and what are their salaries?
The average compensation at Day Care Council Of New York -Local 205 Dc 37 Welfare Fund during 2022 was $61,712. There are 7 employees at Day Care Council Of New York -Local 205 Dc 37 Welfare Fund.
Here are 10 key members and their salaries:
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- Compensation: $122,942
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- Other: $14,922
- Compensation: $83,364
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- Other: $22,434
Where can I find the form 990 for Day Care Council Of New York -Local 205 Dc 37 Welfare Fund?
Day Care Council Of New York -Local 205 Dc 37 Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Day Care Council Of New York -Local 205 Dc 37 Welfare Fund
The Day Care Council of New York - Local 205 DC 37 Welfare Fund is a mission-driven organization dedicated to extending health and additional benefits to eligible participants. In simple terms, this nonprofit is committed to enhancing the wellbeing of its members.
Through its compassionate and comprehensive approach, the Day Care Council of New York - Local 205 DC 37 Welfare Fund strives to secure essential benefits for those who qualify. By doing so, it plays a vital role in ensuring the overall health and well-being of its participants. The organization's efforts are geared towards addressing their diverse needs, offering them a sense of security and support when it matters most.
The Day Care Council of New York - Local 205 DC 37 Welfare Fund's unwavering dedication to providing health and other benefits is fueled by its unwavering commitment to its members. By focusing on their essential needs, this nonprofit serves as a beacon of hope and support for those who require assistance in accessing vital resources.
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Impact
October, 2024
The Day Care Council of New York - Local 205 DC 37 Welfare Fund actively provides critical health and other benefits to eligible participants, significantly impacting the well-being of families and childcare workers in New York. This organization facilitates access to essential health services, ensuring that individuals involved in the day care sector receive necessary care, which can include medical, dental, and vision benefits.
By enhancing the health and welfare of childcare providers, the Fund contributes to the stability and quality of early childhood education in the community. This not only supports the caregivers but also positively affects the children they serve, as healthier adults are better equipped to provide nurturing and quality care. The benefits provided help alleviate financial burdens, allowing participants to focus on their responsibilities both at work and at home.
In a city like New York, where living costs are high and access to healthcare can be a challenge, the Welfare Fund's role is vital. It fosters a sense of security among its members, empowering them to seek necessary medical attention without the fear of financial repercussions. Overall, the Fund enhances the quality of life for many, creating ripple effects that benefit the entire community.
This information is meant to be a general summary of Day Care Council Of New York -Local 205 Dc 37 Welfare Fund. 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: $1,733,694
- Program Service Revenue: $10,651,552
- Gross Receipts: $13,008,498
Assets and Liabilities:
- Total Assets: $27,101,061
- Total Liabilities: $2,459,684
- Net Assets: $24,641,377
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYERS CONTRIBUTIONS
Revenue
$9,824,307
PARTICIPANT CONTRIBUTIONS
Revenue
$663,540
LATE PENALTY INCOME
Revenue
$163,705
Organization Details
Founding Year
1970
Phone
(212) 925-0005Principal Officer
Lorenzo Newby
Main Address
420 WEST 45TH STREET, NEW YORK, NY, 10036
NTEE Category
Code: Y40 - Mutual benefit
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