Overview
What is Montrose Child Care Center Inc?
Montrose Child Care Center Inc, located at 2094 Albany Post Road Building 29, Montrose, New York, is a nonprofit organization that prioritizes providing high-quality, affordable child care services to the employees of the FDR V.A. Hospital and the surrounding community. Their mission encompasses more than just child care; they also offer educational programs to ensure a well-rounded development for the children they serve. With a team of 27 dedicated individuals, Montrose Child Care Center Inc strives to cater to the needs of both parents and their young ones in an affordable manner.
Official website here: www.montrosechildcare.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Montrose Child Care Center Inc has received an 81% rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. The organization is fully compliant with key governance standards, as evidenced by its 100% independent board members and comprehensive policies in place for conflict of interest and whistleblowing. This level of transparency is important as it assures donors of responsible management of funds.
The organization showcases remarkable financial efficiency, with a program expense ratio of 85.65%, indicating that a substantial portion of its budget is dedicated to its core mission. Additionally, the low liabilities to assets ratio of 14.41% suggests a solid financial foundation, which is crucial for long-term sustainability and operational reliability.
Despite the positive ratings, it's essential for potential supporters to consider that the overall score is based solely on accountability and finance, which means aspects of program effectiveness or community impact are not reflected in the rating. While the organization's financial practices are commendable, a broader evaluation of its outcomes and impact on the community would provide a fuller picture of its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Montrose Child Care Center Inc legitimate?
Montrose Child Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montrose Child Care Center 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: $25,808
Professional Fundraising Fees: $0
Other Salaries and Wages: $553,153
For more financial information, click here
Official website here: www.montrosechildcare.org
What is the mission statement of Montrose Child Care Center Inc?
The Montrose Child Care Center Inc is committed to providing high-quality and affordable child care services to the employees of the FDR VA Hospital and the surrounding community. Their mission extends beyond child care, as they also offer supporting educational programs. In essence, their objective is to cater to the child care needs of the mentioned groups, ensuring affordability, and providing an educational foundation for the children under their care.
Official website here: www.montrosechildcare.org
Who is the CEO of Montrose Child Care Center Inc?
Christine Valentino is the Executive Di of Montrose Child Care Center Inc.
Official website here: www.montrosechildcare.org
What is the revenue of Montrose Child Care Center Inc?
Montrose Child Care Center Inc's revenue in 2022 was $897,319.
Official website here: www.montrosechildcare.org
Who are the executives of Montrose Child Care Center Inc and what are their salaries?
The average compensation at Montrose Child Care Center Inc during 2022 was $21,443. There are 27 employees and 4 volunteers at Montrose Child Care Center Inc.
Here are 5 key members and their salaries:
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- Compensation: $25,808
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- Other: $0
Official website here: www.montrosechildcare.org
Where can I find the form 990 for Montrose Child Care Center Inc?
Montrose Child Care Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.montrosechildcare.org
Learn more at the official website: www.montrosechildcare.org
Mission Statement of Montrose Child Care Center Inc
Montrose Child Care Center Inc, a notable organization, is dedicated to providing high-quality and affordable child care services to the employees of the FDR V.A. Hospital and the surrounding community. Their primary mission is to ensure that working parents have access to reliable and affordable child care options, thereby enabling them to focus on their professional responsibilities. Additionally, Montrose Child Care Center Inc goes beyond basic child care by offering supporting educational programs to enrich the children's learning experiences. This holistic approach to child care aims to provide a nurturing and enriching environment for children while offering peace of mind to their parents.
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Impact
August, 2024
Montrose Child Care Center Inc's impact is significant in providing quality and affordable child care services to employees of the FDR V.A. Hospital and the surrounding community in Montrose, NY. By offering supportive educational programs along with childcare, the center plays a crucial role in supporting working parents and ensuring their children receive proper care and early education. This ultimately contributes to the well-being of families and the community as a whole, making a positive impact on human services in the area.
This information is meant to be a general summary of Montrose Child Care Center 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: $2
- Program Service Revenue: $798,135
- Gross Receipts: $899,812
Assets and Liabilities:
- Total Assets: $196,831
- Total Liabilities: $35,441
- Net Assets: $161,390
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION FOR CHILD CARE
Revenue
$798,135
Organization Details
Founding Year
1989
Phone
(914) 734-2745Principal Officer
Christine Valentino
Main Address
2094 ALBANY POST ROAD BLDG 29, MONTROSE, NY, 10548
Website
www.montrosechildcare.orgNTEE Category
Code: P33 - Human services
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