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Columbus Citizens Foundation Inc

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

EIN: 136118967 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Columbus Citizens Foundation Inc?

Columbus Citizens Foundation Inc, situated in New York, NY, is a cultural or ethnic awareness organization with a mission to honor and commemorate Christopher Columbus's discovery of America. Their primary objective is to perpetuate the significance of this historical event. The foundation also aims to recognize other substantial contributions that have shaped the development and preservation of the United States, its institutions, and ideals. This is achieved through the Italian Adopt-A-Scholar Program, administered by the foundation, which provides scholarships to numerous students in various educational levels, from elementary school to graduate programs, in the arts. Funding for this program comes from donations and sponsorships of Columbus celebration events.


Official website here: www.columbuscitizensfd.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%

Columbus Citizens Foundation Inc has achieved a remarkable Four-Star out of Four Star rating from Charity Navigator, reflecting strong performance in accountability and finance. The organization scored an impressive 96% overall, indicating a solid commitment to transparency and ethical management practices. Key strengths include a fully independent board and robust financial oversight, ensuring that funds are utilized effectively to fulfill the foundation's mission.

The foundation demonstrates exceptional leadership, with a perfect score in leadership and adaptability. This is further supported by documented efforts in leadership development and an adaptive approach to challenges, showcasing the foundation's proactive stance in navigating the nonprofit landscape. Their commitment to governance is evident through comprehensive policies on conflicts of interest, whistleblower protections, and document retention.

Despite its many strengths, there are no notable limitations reported in the data, which underscores the organization’s commitment to maintaining high operational standards. Overall, Columbus Citizens Foundation Inc stands out as a well-managed nonprofit that prioritizes fiscal responsibility and effective leadership.


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

Is Columbus Citizens Foundation Inc legitimate?

Columbus Citizens Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Columbus Citizens Foundation 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: $299,610
Professional Fundraising Fees: $0
Other Salaries and Wages: $913,066

For more financial information, click here


Official website here: www.columbuscitizensfd.org

What is the mission statement of Columbus Citizens Foundation Inc?

The Columbus Citizens Foundation Inc's mission is primarily centered around honoring the significance of Christopher Columbus's discovery of America. Beyond this, the organization aims to acknowledge and appreciate other substantial contributions that have shaped the development and preservation of the United States, its institutions, and ideals. To achieve these objectives, they administer the Adopt-A-Scholar program under the Columbus Citizens Foundation. This scholarship program supports numerous students in various educational levels, including elementary school, high school, college, and graduate programs, primarily in the arts. Funding for this program comes from donations made by the foundation's members, friends, and sponsorships generated from Columbus celebration events.


Official website here: www.columbuscitizensfd.org

Who is the CEO of Columbus Citizens Foundation Inc?

Marian Pardo is the President of Columbus Citizens Foundation Inc.


Official website here: www.columbuscitizensfd.org

What is the revenue of Columbus Citizens Foundation Inc?

Columbus Citizens Foundation Inc's revenue in 2022 was $3,614,486.


Official website here: www.columbuscitizensfd.org

Who are the executives of Columbus Citizens Foundation Inc and what are their salaries?

The average compensation at Columbus Citizens Foundation Inc during 2022 was $80,845. There are 15 employees at Columbus Citizens Foundation Inc.


Here are 21 key members and their salaries:


Christopher Loiacono (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Giordano (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Auriana (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudio Devellis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marian Pardo (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Arena (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jodi Pulice-Smith (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Bartiromo (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Becker (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Desiderio (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geraldine Dicostanzo (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Gurrera (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Iovino (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angelo Vivolo (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Salvatore Salibello (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Sapraicone (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Sculco (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aldo Verrelli (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Warus (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Ackerman (Executive Director)
  • Compensation: $270,000
  • Related: $0
  • Other: $29,610
Deanna Stinziano (Controller)
  • Compensation: $116,000
  • Related: $0
  • Other: $37,552


Official website here: www.columbuscitizensfd.org

Where can I find the form 990 for Columbus Citizens Foundation Inc?

Columbus Citizens Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.columbuscitizensfd.org

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

Mission Statement of Columbus Citizens Foundation Inc

The Columbus Citizens Foundation Inc is dedicated to commemorating and celebrating the significant discovery of America by Christopher Columbus. Beyond this, the organization seeks to recognize and honor other substantial contributions that have shaped the development and preservation of the United States, its institutions, and ideals. To achieve this mission, the Columbus Citizens Foundation administers a scholarship program through its Adopt-A-Scholar program. This program offers financial assistance to numerous students pursuing their education in elementary, high school, college, and graduate programs, particularly in the arts. The funding for this program is sourced from donations made by members, supporters, and sponsors of Columbus celebration events.

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Impact




October, 2024

Columbus Citizens Foundation Inc plays a crucial role in promoting cultural awareness and honoring the historical significance of Christopher Columbus's discovery of America. Its mission extends to recognizing the contributions of diverse individuals, particularly those of Italian descent, to the development and preservation of American ideals and institutions.

One of the foundation's key initiatives is the Adopt-a-Scholar program, which provides scholarships to hundreds of students across various educational levels, including elementary, high school, college, and graduate programs in the arts. This program not only helps to alleviate financial burdens for students but also encourages academic excellence and supports the cultural enrichment of the community.

The foundation's efforts contribute to a broader understanding and appreciation of Italian heritage in the United States, fostering pride and recognition among Italian Americans and the wider community. By organizing Columbus Celebration events and engaging members and sponsors, the foundation effectively raises funds to sustain its impactful programs, ultimately benefiting students and promoting the arts in New York and beyond.




This information is meant to be a general summary of Columbus Citizens Foundation 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
$3,614,486 (2022)
Expenses
$4,393,164 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,011,074
  • Gross Receipts: $20,405,043

Assets and Liabilities:

  • Total Assets: $28,431,820
  • Total Liabilities: $2,584,997
  • Net Assets: $25,846,823

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Organization Details

Founding Year

1944

Principal Officer

Marian Pardo

Main Address

8 EAST 69TH STREET, NEW YORK, NY, 10021

NTEE Category

Code: A230 - Arts

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