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Detectives Endowment Association Widows And Childrens 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: 134036498 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Detectives Endowment Association Widows And Childrens Fund Inc?

Detectives Endowment Association Widows and Children's Fund Inc, located in New York City, New York, is a nonprofit organization with a compassionate mission. Their primary purpose is to extend financial aid and various benefits to the widows and children of deceased New York City police detectives. This support includes, but is not limited to, financial assistance, ensuring that the families of these brave individuals continue to receive the care and resources they need during challenging times.


Official website here: www.nycdetectives.org/related-charities

What are the reviews and ratings of this charity?

Charity Navigator Rating: 54%, One-Star out of Four Stars

The Detectives Endowment Association Widows And Childrens Fund Inc has received a low rating of 54%, indicating significant concerns regarding its accountability and financial practices. The organization has no independent board members, which raises questions about governance and oversight. While it manages to maintain a high program expense ratio of 97.08%, reflecting a strong focus on its charitable mission, the lack of financial transparency is a major drawback.

The charity's financial statements are not available, and it is missing critical governance policies, such as those addressing conflicts of interest and whistleblower protections. Additionally, while the organization has documented board meeting minutes, it has not posted its tax forms on its website, further diminishing trust in its operations. The liabilities to assets ratio is favorable at 2.78%, which suggests some financial stability.

Overall, while the Detectives Endowment Association Widows And Childrens Fund Inc demonstrates a commitment to its cause, serious deficiencies in governance and transparency limit its credibility and effectiveness. Prospective donors are advised to consider these factors when evaluating their support for the organization.


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

Is Detectives Endowment Association Widows And Childrens Fund Inc legitimate?

Detectives Endowment Association Widows And Childrens Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Detectives Endowment Association Widows And Childrens 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


Official website here: www.nycdetectives.org/related-charities

What is the mission statement of Detectives Endowment Association Widows And Childrens Fund Inc?

The Detectives Endowment Association Widows and Children's Fund Inc is committed to providing financial assistance and various benefits to the widows and children of deceased New York City police detectives. This organization serves the purpose of offering support during challenging times, helping these families navigate through their loss. The mission of the Detectives Endowment Association Widows and Children's Fund Inc is to ensure that these families receive the necessary aid to maintain their well-being and stability. By providing these resources, the organization aims to alleviate some of the financial burdens faced by the families, allowing them to focus on healing and rebuilding their lives.


Official website here: www.nycdetectives.org/related-charities

Who is the CEO of Detectives Endowment Association Widows And Childrens Fund Inc?

Paul Digiacomo- is the President of Detectives Endowment Association Widows And Childrens Fund Inc.


Official website here: www.nycdetectives.org/related-charities

What is the revenue of Detectives Endowment Association Widows And Childrens Fund Inc?

Detectives Endowment Association Widows And Childrens Fund Inc's revenue in 2022 was $554,533.


Official website here: www.nycdetectives.org/related-charities

Who are the executives of Detectives Endowment Association Widows And Childrens Fund Inc and what are their salaries?


Here are 4 key members and their salaries:


Paul Digiacomo (President)
  • Compensation: $0
  • Related: $106,284
  • Other: $0
Paul Morrison (Vice President)
  • Compensation: $0
  • Related: $80,057
  • Other: $0
Jeffrey Ward (Treasurer)
  • Compensation: $0
  • Related: $71,074
  • Other: $0
Scott Munro (Secretary)
  • Compensation: $0
  • Related: $69,854
  • Other: $0


Official website here: www.nycdetectives.org/related-charities

Where can I find the form 990 for Detectives Endowment Association Widows And Childrens Fund Inc?

Detectives Endowment Association Widows And Childrens Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nycdetectives.org/related-charities

Learn more at the official website: www.nycdetectives.org/related-charities

Mission Statement of Detectives Endowment Association Widows And Childrens Fund Inc

The Detectives Endowment Association Widows and Children's Fund Inc is a nonprofit organization with a mission to offer financial assistance and various benefits to the widows and children of deceased New York City police detectives. By providing this aid, the organization aims to support and uplift those who have been left behind due to the tragic loss of their loved ones in the line of duty. The fund's mission is a testament to its commitment to honor the sacrifices made by these dedicated police detectives and to help their families navigate through the challenging times that follow their loss.

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Impact




July, 2024

Detectives Endowment Association Widows And Childrens Fund Inc's impact is profound as it provides crucial financial assistance and benefits to the widows and children of deceased New York City police detectives. By offering support to the families of those who have dedicated their lives to serving and protecting the community, the organization plays a vital role in ensuring the well-being and stability of these individuals during difficult times. This support not only helps alleviate financial burdens but also offers a sense of security and recognition for the sacrifices made by the detectives and their families. Through its philanthropic endeavors, the organization makes a lasting impact by honoring and supporting the legacy of these brave individuals and their loved ones.




This information is meant to be a general summary of Detectives Endowment Association Widows And Childrens 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
$554,533 (2022)
Expenses
$730,373 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $47,169
  • Gross Receipts: $738,388

Assets and Liabilities:

  • Total Assets: $2,122,468
  • Total Liabilities: $59,016
  • Net Assets: $2,063,452

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Organization Details

Founding Year

1998

Principal Officer

Paul Digiacomo-

Main Address

26 THOMAS STREET, NEW YORK, NY, 10007

NTEE Category

Code: T30 - Philanthropy

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