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Fund For Park Avenue New York Inc

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

EIN: 134061153 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Fund For Park Avenue New York Inc?

Fund For Park Avenue New York Inc is a nonprofit organization based in New York City, specifically at 445 Park Avenue, 9th Floor. Their primary mission is to enhance and beautify Park Avenue, contributing positively to its visual, aesthetic, and architectural appeal. To achieve this, they focus on various beautification activities, such as landscaping. The organization, made up of a team of three individuals, aims to improve the overall appeal of Park Avenue, making it a more attractive and enjoyable space for the community.


Official website here: www.fundforparkavenue.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92%, Four-Star out of Four Star Rating

Fund For Park Avenue New York Inc has received a strong 92% score from Charity Navigator, indicating a solid performance in accountability and finance. The charity's entire rating is based on its financial metrics, demonstrating a commitment to transparency and effective resource management. The organization has maintained a perfect score in several areas, including independent board membership and financial oversight.

One of the key strengths of Fund For Park Avenue is its commitment to maintaining an entirely independent board, which contributes to its high accountability score. The organization also demonstrates excellent financial health, with a low liabilities-to-assets ratio and a program expense ratio of over 70%, signifying that a significant portion of its budget is directed towards charitable programs.

However, the charity lacks a whistleblower policy, which could be a consideration for potential donors focused on governance practices. Overall, Fund For Park Avenue New York Inc presents itself as a well-managed organization with a strong focus on accountability and financial integrity.


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

Is Fund For Park Avenue New York Inc legitimate?

Fund For Park Avenue New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fund For Park Avenue New York 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: $85,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $105,500

For more financial information, click here


Official website here: www.fundforparkavenue.org

What is the mission statement of Fund For Park Avenue New York Inc?

The mission of Fund For Park Avenue New York Inc is centered around enhancing the aesthetic appeal of a specific urban space, namely Park Avenue. Their primary goal is to execute beautification activities that elevate its visual and architectural appeal, contributing to a more captivating and interesting urban landscape. One of their key projects is the Park Avenue Mall Planting Project, which involves landscaping efforts that significantly contribute to the overall architectural charm of the avenue.


Official website here: www.fundforparkavenue.org

Who is the CEO of Fund For Park Avenue New York Inc?

Barbara Mclaughlin is the President of Fund For Park Avenue New York Inc.


Official website here: www.fundforparkavenue.org

What is the revenue of Fund For Park Avenue New York Inc?

Fund For Park Avenue New York Inc's revenue in 2022 was $1,452,172.


Official website here: www.fundforparkavenue.org

Who are the executives of Fund For Park Avenue New York Inc and what are their salaries?

The average compensation at Fund For Park Avenue New York Inc during 2022 was $63,500. There are 3 employees at Fund For Park Avenue New York Inc.


Here are 9 key members and their salaries:


Barbara Mclaughlin (President)
  • Compensation: $85,000
  • Related: $0
  • Other: $0
Jo-Ann M Polise (Exec Dir)
  • Compensation: $80,500
  • Related: $0
  • Other: $0
Ronald D Spencer Esq (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Vietor Glass (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc B Porter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Davidson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eugenie Niven Goodman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judith Steckler (Vice Pres/Sect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Wendt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fundforparkavenue.org

Where can I find the form 990 for Fund For Park Avenue New York Inc?

Fund For Park Avenue New York Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fundforparkavenue.org

Learn more at the official website: www.fundforparkavenue.org

Mission Statement of Fund For Park Avenue New York Inc

The Fund For Park Avenue New York Inc is dedicated to enhancing and refining Park Avenue in New York City through aesthetic improvements. Specifically, the organization carries out beautification projects that aim to elevate the visual appeal and architecture of Park Avenue.

One of their primary initiatives involves the Park Avenue Mall Planting Project, which focuses on landscaping and other beautification activities that contribute to the overall architectural interest of Park Avenue. By implementing such projects, the Fund For Park Avenue New York Inc aims to make a significant and lasting impact on the urban landscape of the city.

In summary, the Fund For Park Avenue New York Inc is a nonprofit organization that seeks to improve and beautify Park Avenue in New York City. Through various beautification activities, they aim to contribute to the visual, aesthetic, and architectural interest of the avenue, making it a more appealing and attractive destination for residents and visitors alike.

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Impact




June, 2024

The Fund For Park Avenue New York Inc's impact is focused on enhancing the visual, aesthetic, and architectural appeal of Park Avenue in New York City through beautification activities. Their Park Avenue Mall Planting Project involves landscaping and other beautification efforts that contribute to the overall charm and attractiveness of the area. Through these initiatives, the Fund For Park Avenue New York Inc plays a key role in maintaining the environmental integrity and beauty of Park Avenue, ultimately enhancing the experience of residents and visitors alike.




This information is meant to be a general summary of Fund For Park Avenue New York 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
$1,452,172 (2022)
Expenses
$1,159,392 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $193,115
  • Gross Receipts: $2,123,944

Assets and Liabilities:

  • Total Assets: $3,621,429
  • Total Liabilities: $229,347
  • Net Assets: $3,392,082

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Organization Details

Founding Year

1999

Principal Officer

Barbara Mclaughlin

Main Address

445 PARK AVENUE 9TH FLR, NEW YORK, NY, 10022

NTEE Category

Code: C500 - Environment

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