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Columbia Association Nyc Fire Department Scholarship Fund Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133204332 ✦ Pearl river, NY ✦ Designated as a 501(c)(3)

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Overview

What is Columbia Association Nyc Fire Department Scholarship Fund Inc?

Columbia Association Nyc Fire Department Scholarship Fund Inc is a nonprofit organization situated at 116 South Highland Avenue, Pearl River, New York 10965. Their primary mission involves providing scholarship grants to eligible applicants and making charitable contributions to other scholarship funds and various charitable functions within other organizations. This philanthropic entity aims to empower individuals by supporting their educational endeavors and contributing to the broader societal good.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 53%, One-Star out of Four Star rating.

The Columbia Association NYC Fire Department Scholarship Fund Inc has received a low rating primarily due to significant gaps in its accountability and finance practices. With a score of 53%, the organization lacks independent board members and has not established essential governance policies, such as conflict of interest and whistleblower policies, which are critical for transparency and ethical operations.

Despite these shortcomings, the organization does demonstrate a strong program expense ratio of 100%, indicating that all its expenses are directed towards its stated mission. Additionally, it has no material diversion of assets, suggesting that funds are being used appropriately for their intended purposes. However, the absence of a publicly accessible website and missing documentation on governance practices raises concerns about its operational integrity and transparency.

Overall, while the organization effectively channels its resources into its programs, its governance structure and transparency need substantial improvement to gain public trust and enhance its overall rating in accountability and finance.


This AI summary has been generated from information found on Charity Navigator.

Is Columbia Association Nyc Fire Department Scholarship Fund Inc legitimate?

Columbia Association Nyc Fire Department Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Columbia Association Nyc Fire Department Scholarship 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Columbia Association Nyc Fire Department Scholarship Fund Inc?

The Columbia Association NYC Fire Department Scholarship Fund Inc's mission is centered around providing financial aid in the form of scholarship grants to eligible applicants. Additionally, the organization extends its charitable contributions to various scholarship funds and engages in other charitable functions. This non-profit entity's primary objective is to support education and uplift deserving individuals by providing them with financial assistance. As of the provided data, the fund has granted scholarships to 17,300 applicants.

Who is the CEO of Columbia Association Nyc Fire Department Scholarship Fund Inc?

Joseph Depaola is the Vice Preside of Columbia Association Nyc Fire Department Scholarship Fund Inc.

What is the revenue of Columbia Association Nyc Fire Department Scholarship Fund Inc?

Columbia Association Nyc Fire Department Scholarship Fund Inc's revenue in 2022 was $63,750.

Who are the executives of Columbia Association Nyc Fire Department Scholarship Fund Inc and what are their salaries?


Here are 2 key members and their salaries:


Joseph Depaola (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Fischetti (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Columbia Association Nyc Fire Department Scholarship Fund Inc?

Columbia Association Nyc Fire Department Scholarship Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Columbia Association Nyc Fire Department Scholarship Fund Inc

Columbia Association NYC Fire Department Scholarship Fund Inc is dedicated to providing financial aid to eligible applicants in the form of scholarship grants, as well as making charitable contributions to other scholarship funds and engaging in various charitable functions. This nonprofit organization's primary mission is to support individuals seeking higher education by offering them financial assistance. Furthermore, it extends its philanthropic efforts by contributing to other scholarship funds and undertaking diverse charitable activities. The organization has awarded scholarships to 17,300 qualifying applicants, demonstrating its commitment to helping people pursue their educational goals.

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Impact




August, 2024

The impact of the Columbia Association Nyc Fire Department Scholarship Fund Inc is evident through its mission to provide scholarship grants to qualifying applicants and support other organization scholarship funds and charitable functions. With a focus on education, this organization has awarded 17,300 scholarship grants to deserving individuals, contributing to their personal and academic growth. By investing in the educational pursuits of individuals, this fund plays a significant role in fostering learning opportunities and supporting the development of future leaders.




This information is meant to be a general summary of Columbia Association Nyc Fire Department Scholarship 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.

Revenue
$63,750 (2022)
Expenses
$29,458 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $14,274
  • Gross Receipts: $118,863

Assets and Liabilities:

  • Total Assets: $389,632
  • Total Liabilities: $0
  • Net Assets: $389,632

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Organization Details

Founding Year

1983

Principal Officer

Joseph Depaola

Main Address

116 SOUTH HIGHLAND AVENUE, PEARL RIVER, NY, 10965

NTEE Category

Code: B82Z - Education

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