Overview
What is District Council 37 Education Fund?
District Council 37 Education Fund is a nonprofit organization situated in New York, specifically at 55 Water Street, 22nd Floor. Their primary mission is to offer educational benefits and related training programs to eligible participants. With a team of 28 dedicated individuals, they aim to equip and empower their participants through these programs, contributing to their personal and professional growth. The organization's activities are centered around providing these educational benefits, ensuring that they are accessible to those who qualify.
Official website here: www.dc37.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The District Council 37 Education Fund has received a Three-Star rating from Charity Navigator, indicating a solid performance primarily in the area of accountability and finance. The charity has an impressive program expense ratio of 87.25%, signifying that the majority of its resources are directed towards its programs rather than administrative costs.
Strengths of the organization include a completely independent board, which ensures unbiased governance, and a transparent approach to financial reporting, as evidenced by a fully compliant audit and oversight committee. Additionally, the presence of comprehensive policies regarding conflict of interest, whistleblower protections, and document retention reflects a commitment to ethical practices and accountability.
Despite the positive attributes, the rating is solely based on financial accountability, suggesting that potential donors should consider additional factors such as program impact and community feedback before making contributions. Overall, the District Council 37 Education Fund demonstrates strong financial practices while maintaining a high level of transparency.
This AI summary has been generated from information found on Charity Navigator.
Is District Council 37 Education Fund legitimate?
District Council 37 Education Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. District Council 37 Education 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: $189,215
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,833,656
For more financial information, click here
Official website here: www.dc37.net
What is the mission statement of District Council 37 Education Fund?
The District Council 37 Education Fund's primary mission is to offer educational benefits and related training programs to eligible participants. This organization is committed to providing these resources, aiming to enhance the skills and knowledge of its participants. The fund's activities focus on delivering educational programs that cater to the needs of its eligible members, thereby contributing to their professional growth and development.
Official website here: www.dc37.net
Who is the CEO of District Council 37 Education Fund?
Michael De Marco is the Trustee of District Council 37 Education Fund.
Official website here: www.dc37.net
What is the revenue of District Council 37 Education Fund?
District Council 37 Education Fund's revenue in 2022 was $7,327,627.
Official website here: www.dc37.net
Who are the executives of District Council 37 Education Fund and what are their salaries?
The average compensation at District Council 37 Education Fund during 2022 was $72,245. There are 28 employees at District Council 37 Education Fund.
Here are 11 key members and their salaries:
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $114,714
- Related: $0
- Other: $45,970
- Compensation: $109,308
- Related: $0
- Other: $47,508
- Compensation: $122,161
- Related: $0
- Other: $58,635
- Compensation: $108,190
- Related: $0
- Other: $67,297
Official website here: www.dc37.net
Where can I find the form 990 for District Council 37 Education Fund?
District Council 37 Education Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dc37.net
Learn more at the official website: www.dc37.net
Mission Statement of District Council 37 Education Fund
District Council 37 Education Fund is committed to providing educational benefits and related training programs to eligible participants. This mission-driven organization focuses on offering a range of educational and training opportunities to those who meet the necessary criteria. By doing so, the District Council 37 Education Fund aims to contribute positively to the personal and professional development of its participants, empowering them to enhance their skills and knowledge. The organization's activities primarily revolve around educational benefits and related training programs, making it a valuable resource for those seeking to further their education and career growth.
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Impact
August, 2024
District Council 37 Education Fund's impact is evident through its provision of educational benefits and training programs to eligible participants in New York. It plays a crucial role in supporting individuals in enhancing their skills and knowledge, ultimately leading to improved employment opportunities. By offering these educational resources, the fund helps empower individuals to reach their full potential and contribute positively to the workforce.
This information is meant to be a general summary of District Council 37 Education 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.
- Program Service Revenue: $7,327,027
- Gross Receipts: $7,327,627
Assets and Liabilities:
- Total Assets: $10,076,820
- Total Liabilities: $10,076,820
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTION - DC37 BF
Revenue
$7,327,027
Organization Details
Founding Year
1971
Phone
(212) 815-1700Principal Officer
Michael De Marco
Main Address
55 WATER STREET 22ND FLOOR, NEW YORK, NY, 10041
Website
www.dc37.netNTEE Category
Code: J220 - Employment
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