Overview
What is Throggs Neck Benevolent Association Inc?
The Throggs Neck Benevolent Association Inc, situated in the Bronx, New York, is a nonprofit organization with a charitable mission. They are classified as a fraternal beneficiary society and a voluntary employees association. Their primary focus is on offering financial aid to individuals dealing with medical emergencies. By providing these grants, the organization aims to alleviate some of the financial burden associated with unexpected health crises. Their charitable work is pivotal in supporting members of their community during difficult times.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (50%)
The Throggs Neck Benevolent Association Inc has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and transparency. With an overall score of 50%, the organization shows strengths in its program expense ratio, demonstrating that all its expenses are directed towards programs. However, a lack of independent board members and missing essential governance policies raises questions about its operational integrity.
Several critical governance documents and policies are either missing or not publicly available. The absence of a conflict of interest policy, whistleblower policy, and documented board meeting minutes suggest potential vulnerabilities in its oversight and accountability practices. Additionally, the nonprofit's website is not listed on its tax form, which is another indicator of transparency issues.
Despite its financial stability, as indicated by a favorable liabilities to assets ratio, the lack of transparency and independent oversight could diminish public trust. Potential donors and supporters are encouraged to consider these factors when assessing the organization’s reliability and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Throggs Neck Benevolent Association Inc legitimate?
Throggs Neck Benevolent Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Throggs Neck Benevolent Association 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 Throggs Neck Benevolent Association Inc?
The Throggs Neck Benevolent Association's mission revolves around charity. They offer financial aid to individuals facing medical emergencies. This organization falls under the category of fraternal beneficiary societies and voluntary employees associations. Their primary objective is to provide assistance during times of need, demonstrating a commitment to supporting those in distress.
Who is the CEO of Throggs Neck Benevolent Association Inc?
Matthew O'Brien is the President of Throggs Neck Benevolent Association Inc.
What is the revenue of Throggs Neck Benevolent Association Inc?
Throggs Neck Benevolent Association Inc's revenue in 2023 was $92,827.
Who are the executives of Throggs Neck Benevolent Association Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Throggs Neck Benevolent Association Inc?
Throggs Neck Benevolent Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Throggs Neck Benevolent Association Inc
Throggs Neck Benevolent Association, a charitable organization, is dedicated to providing assistance to individuals facing medical emergencies. This nonprofit falls under the category of fraternal beneficiary societies and voluntary employees associations. The Association's mission revolves around offering grants to individuals in need, demonstrating their commitment to alleviating hardships caused by unexpected medical situations. By providing this vital aid, Throggs Neck Benevolent Association plays a significant role in supporting those who are going through challenging times.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Throggs Neck Benevolent Association Inc significantly impacts the Bronx community by providing vital financial support to individuals facing medical emergencies. Through their grant programs, they alleviate financial burdens, allowing recipients to focus on recovery rather than the stress of unexpected medical expenses. This assistance fosters resilience within the community, demonstrating a strong commitment to human services and solidarity among members. By acting as a fraternal beneficiary society, they also cultivate a sense of belonging and support, reinforcing social ties and shared responsibility among residents. Their efforts not only meet immediate needs but also contribute to the overall well-being of the community.
This information is meant to be a general summary of Throggs Neck Benevolent Association 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 2023.
- Program Service Revenue: $68,067
- Gross Receipts: $92,827
Assets and Liabilities:
- Total Assets: $138,367
- Total Liabilities: $0
- Net Assets: $138,367
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DINNER DANCE
Revenue
$14,743
PARADE
Revenue
$46,810
TURKEY TROT
Revenue
$6,514
Organization Details
Founding Year
1993
Phone
(914) 479-6410Principal Officer
Matthew O'Brien
Main Address
62 INDIAN TRAIL, BRONX, NY, 10465
NTEE Category
Code: P20 - Human services
If you are a representative of Throggs Neck Benevolent Association Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.