Overview
What is Mccloskey Community Services Corp?
Mcloskey Community Services Corp is a nonprofit organization situated in Albany, New York. It manages properties it owns and leases to tax-exempt Catholic charities and other service providers. These leased facilities are utilized for delivering a variety of social services, such as housing for homeless individuals, food pantries, and addiction and mental health treatment programs. The rent charged is reasonable, enabling the tax-exempt organizations to afford the rental costs and fulfill their missions. Mccloskey Community Services Corp contributes significantly to the community by providing essential services and ensuring the continuance of these initiatives by its tenant organizations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)
McCloskey Community Services Corp has achieved an impressive 94% score from Charity Navigator, which reflects its strong commitment to accountability and financial transparency. This rating is derived entirely from the organization's financial practices, highlighting its effective management of resources. With all board members being independent, the organization demonstrates a solid governance structure, ensuring that decisions are made in the best interest of its mission.
The nonprofit excels in various key areas, including a 90.41% program expense ratio, indicating that a significant portion of its funds is directed towards programmatic activities rather than administrative costs. Additionally, it has received full scores for policies related to conflict of interest, whistleblower protection, and document retention, showcasing its rigorous adherence to best practices in nonprofit governance.
However, while the organization has shown exceptional scores in financial accountability, no additional qualitative feedback or user reviews were noted to give insight into the overall impact of its services. This absence of user feedback may limit a more comprehensive understanding of the nonprofit's effectiveness in fulfilling its mission and addressing community needs.
This AI summary has been generated from information found on Charity Navigator.
Is Mccloskey Community Services Corp legitimate?
Mccloskey Community Services Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mccloskey Community Services Corp 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:
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What is the mission statement of Mccloskey Community Services Corp?
McCloskey Community Services Corp's mission is centered around providing high-quality property management services for properties it owns and leases out to tax-exempt Catholic charities and other service providers. The primary objective is to support these organizations in delivering a wide array of social services, such as housing for the homeless, food pantries, and addiction and mental health treatment services. By charging reasonable rents, McCloskey allows these organizations to afford their expenses and continue fulfilling their respective missions. The corporation's role in property management thereby plays a crucial part in facilitating these essential social services for the community.
Who is the CEO of Mccloskey Community Services Corp?
L Patrick Bender is the President of Mccloskey Community Services Corp.
What is the revenue of Mccloskey Community Services Corp?
Mccloskey Community Services Corp's revenue in 2022 was $487,620.
Who are the executives of Mccloskey Community Services Corp and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Mccloskey Community Services Corp?
Mccloskey Community Services Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mccloskey Community Services Corp
Mcloskey Community Services Corp, a non-profit organization, is dedicated to providing top-notch property management services for properties it owns and leases to tax-exempt Catholic charities and other service providers. Its mission is centered around ensuring the proper maintenance and utilization of these properties, which are then used for various social services. These services encompass a wide range of programs, such as housing for the homeless, food pantries, and addiction and mental health treatment facilities. By leasing these properties at reasonable rates, Mcloskey Community Services Corp enables tax-exempt organizations to afford the rent and carry out their respective missions effectively.
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Impact
July, 2024
Mccloskey Community Services Corp impacts the community by providing quality property management services for properties it owns and leases to tax-exempt Catholic Charities of the Roman Catholic Diocese of Albany and other service providers. This enables these organizations to offer a range of social services, including housing for homeless individuals and families, food pantries, and addiction and mental health treatment services. By offering properties at reasonable rates, Mccloskey supports these tax-exempt organizations in fulfilling their missions and serving those in need within the community.
This information is meant to be a general summary of Mccloskey Community Services Corp. 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: $6,248
- Program Service Revenue: $481,372
- Gross Receipts: $487,620
Assets and Liabilities:
- Total Assets: $6,789,068
- Total Liabilities: $546,605
- Net Assets: $6,242,463
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$333,223
INSURANCE REIMBURSEMENT
Revenue
$120,452
MISCELLANEOUS PROGRAM REVENUE
Revenue
$27,697
Organization Details
Founding Year
1946
Phone
(518) 459-0183Principal Officer
L Patrick Bender
Main Address
41 NORTH MAIN AVENUE, ALBANY, NY, 12203
NTEE Category
Code: P00 - Human services
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