Overview
What is Watervliet Civic Chest Inc?
Watervliet Civic Chest Inc, based in Watervliet, New York, is a nonprofit organization with a mission to provide wholesome, supervised, and constructive programs for the benefit of the local youth. With a dedicated workforce of 49 individuals, this organization seeks to make a positive impact on the community's young population through its programs. The exact nature of these programs is not specified in the information provided, but their purpose is to enhance the lives and development of the youth in the area.
Official website here: www.watervlietciviccenter.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star Rating)
Watervliet Civic Chest Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid score of 84% based primarily on Accountability & Finance metrics. A significant strength of the organization lies in its governance structure, with 100% of board members being independent, contributing to a high level of oversight and accountability.
The organization demonstrates effective financial management, indicated by a Program Expense Ratio of 88.29%, which suggests that a substantial portion of its funding is allocated to program services. Additionally, it has no liabilities, showcasing a strong financial position. However, there are notable gaps in governance policies, including the absence of a conflict of interest policy and a whistleblower policy, which could limit transparency and accountability.
Overall, while Watervliet Civic Chest Inc shows strong financial health and an independent board, the missing governance documents may raise concerns regarding its operational transparency. Addressing these gaps could enhance its overall rating and provide greater assurance to donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Watervliet Civic Chest Inc legitimate?
Watervliet Civic Chest Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Watervliet Civic Chest 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: $85,934
Professional Fundraising Fees: $0
Other Salaries and Wages: $320,892
For more financial information, click here
Official website here: www.watervlietciviccenter.com
What is the mission statement of Watervliet Civic Chest Inc?
The mission of Watervliet Civic Chest Inc is centered around providing beneficial and constructive programs for the youth of the community. These programs aim to have a positive impact on the youth, offering a wholesome and supervised environment for their growth and development. The organization's primary objective is to contribute positively to the lives of the community's youth.
Official website here: www.watervlietciviccenter.com
Who is the CEO of Watervliet Civic Chest Inc?
William Fahr is the President/Director of Watervliet Civic Chest Inc.
Official website here: www.watervlietciviccenter.com
What is the revenue of Watervliet Civic Chest Inc?
Watervliet Civic Chest Inc's revenue in 2022 was $584,207.
Official website here: www.watervlietciviccenter.com
Who are the executives of Watervliet Civic Chest Inc and what are their salaries?
The average compensation at Watervliet Civic Chest Inc during 2022 was $8,303. There are 49 employees and 50 volunteers at Watervliet Civic Chest Inc.
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Official website here: www.watervlietciviccenter.com
Where can I find the form 990 for Watervliet Civic Chest Inc?
Watervliet Civic Chest Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.watervlietciviccenter.com
Learn more at the official website: www.watervlietciviccenter.com
Mission Statement of Watervliet Civic Chest Inc
Watervliet Civic Chest Inc is committed to making a positive impact on the youth within its community. Their mission, as stated, involves offering wholesome, supervised, and constructive programs that are designed to benefit the youth. These programs aim to have a positive influence on the young individuals, contributing to their overall well-being. By providing these programs, Watervliet Civic Chest Inc seeks to contribute positively to the development of the community's youth.
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Impact
July, 2024
Watervliet Civic Chest Inc's impact is centered on offering wholesome, supervised, and constructive programs for the youth of the community. These programs are designed to benefit and have a positive impact on the young individuals in Waterford, NY. By providing such opportunities, Watervliet Civic Chest Inc contributes significantly to the well-being and development of the youth in the community, fostering their growth and building a stronger foundation for the future. Its commitment to offering these valuable programs underscores its dedication to philanthropy and community enrichment.
This information is meant to be a general summary of Watervliet Civic Chest 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 2022.
- Investment Income: $7,437
- Program Service Revenue: $398,076
- Gross Receipts: $584,207
Assets and Liabilities:
- Total Assets: $727,598
- Total Liabilities: $0
- Net Assets: $727,598
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BEFORE & AFTER SCHOOL PROGRAM
Revenue
$294,927
SUMMER RECREATIONAL PROGRAM
Revenue
$81,772
FRIENDS OF WATERVLIET CIVIC CENTER
Revenue
$14,803
ADOPT A CAMPER
Revenue
$6,574
Organization Details
Founding Year
1961
Phone
(518) 273-5922Principal Officer
William Fahr
Main Address
14TH STREET 1ST AVENUE, WATERVLIET, NY, 12189
NTEE Category
Code: T30 - Philanthropy
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