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Albany Catholic Press Association Inc

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

EIN: 141338304 ✦ Albany, NY ✦ Designated as a 501(c)(3)

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Overview

What is Albany Catholic Press Association Inc?

Albany Catholic Press Association Inc, based in Albany, New York, is a nonprofit organization with a primary focus on publishing a newspaper. This publication serves to amplify and disseminate information pertaining to current issues within the Catholic community. With a dedicated workforce of seven individuals, the organization has effectively increased the circulation of such significant news, fostering a stronger sense of community and engagement among its readers.


Official website here: www.evangelist.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)

Albany Catholic Press Association Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial transparency. The organization scored a total of 96% in its Accountability & Finance category based on its fiscal year 2021 performance. This high rating reflects the charity's effective management practices, highlighting its dedication to responsible governance.

The organization boasts a fully independent board with no material diversions of assets, underscoring its ethical operation. Additional strengths include comprehensive financial statements and a robust set of policies addressing conflicts of interest and whistleblower protections. The program expense ratio is also notable, with 84.33% of its expenses directed towards its programs, demonstrating a clear focus on its mission.

While the available data underscores the charity's strong performance in governance and financial accountability, no specific information was provided regarding its program impact or community feedback. This absence suggests a potential area for growth, as understanding the effectiveness of its programs is equally important for stakeholders and donors.


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

Is Albany Catholic Press Association Inc legitimate?

Albany Catholic Press Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Albany Catholic Press 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: $309,385

For more financial information, click here


Official website here: www.evangelist.org

What is the mission statement of Albany Catholic Press Association Inc?

Albany Catholic Press Association Inc's mission is centered around the publication of a newspaper, which has significantly increased the dissemination of information on current issues within the Catholic community. By doing so, the organization plays a crucial role in promoting open dialogue and keeping the community informed on various matters of interest. The newspaper serves as a vital source of news and insights, fostering a sense of unity and shared understanding among its readers. The organization's activities ultimately aim to strengthen the Catholic community by providing a platform for the exchange of ideas and perspectives.


Official website here: www.evangelist.org

Who is the CEO of Albany Catholic Press Association Inc?

Michael Matvey is the Board Member of Albany Catholic Press Association Inc.


Official website here: www.evangelist.org

What is the revenue of Albany Catholic Press Association Inc?

Albany Catholic Press Association Inc's revenue in 2022 was $1,121,497.


Official website here: www.evangelist.org

Who are the executives of Albany Catholic Press Association Inc and what are their salaries?

The average compensation at Albany Catholic Press Association Inc during 2022 was $44,198. There are 7 employees at Albany Catholic Press Association Inc.


Here are 13 key members and their salaries:


Anthony Esposito (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Robert Hohenstein (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Mcguinness (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Masi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Wajda (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Mcevoy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Father Thomas Morrette (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Barrans (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Lasch (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bishop Edward Scharfenberger (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Father David Lefort (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Bellafiore (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Matvey (Assistant Treasurer/Editor)
  • Compensation: $81,200
  • Related: $0
  • Other: $5,684


Official website here: www.evangelist.org

Where can I find the form 990 for Albany Catholic Press Association Inc?

Albany Catholic Press Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.evangelist.org

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

Mission Statement of Albany Catholic Press Association Inc

Albany Catholic Press Association Inc, through its mission, has significantly increased the dissemination of information concerning contemporary issues within the Catholic community. By publishing a newspaper, this organization has played a crucial role in ensuring that relevant and up-to-date news reaches a wider audience, thereby fostering an informed and engaged Catholic community. The publication of this newspaper has not only expanded the circulation of information but also stimulated discussions and reflections on various aspects of the Catholic faith and its role in contemporary society.

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Impact




October, 2024

Albany Catholic Press Association Inc has significantly enhanced the dissemination of information regarding current issues within the Catholic community. Through its newspaper publication, it plays a crucial role in increasing awareness and engagement among its audience. By focusing on pertinent topics, the association ensures that members of the community are informed, fostering a more connected and knowledgeable environment. This commitment to communication not only keeps the community updated but also cultivates a sense of unity and shared purpose among its members.




This information is meant to be a general summary of Albany Catholic Press 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.

Revenue
$1,121,497 (2022)
Expenses
$1,005,912 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $373,100
  • Program Service Revenue: $748,397
  • Gross Receipts: $1,225,608

Assets and Liabilities:

  • Total Assets: $4,467,450
  • Total Liabilities: $85,016
  • Net Assets: $4,382,434

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SUBSCRIPTIONS

Revenue

$472,632

ADVERTISING

Revenue

$263,530

CATHOLIC DIRECTORY

Revenue

$12,235

Organization Details

Founding Year

1926

Principal Officer

Michael Matvey

Main Address

40 NORTH MAIN AVENUE, ALBANY, NY, 12203

NTEE Category

Code: X830 - Religion related

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