Overview
What is Altamont Program Inc?
Altamont Program Inc, based in Schenectady, New York, is a nonprofit organization dedicated to aiding individuals struggling with alcoholism and substance abuse. Their primary mission is to facilitate their recovery, help them transition from correctional facilities to community living, and assist them in overcoming the underlying issues that contribute to substance abuse and other self-destructive behaviors. Through educational and vocational rehabilitation programs, Altamont Program Inc specializes in training participants in the culinary arts, hotel management, and the building and construction trades, with a focus on securing gainful employment. With a workforce of 155 employees, their goal is to empower individuals to become productive members of society and ultimately reduce the cycle of incarceration and relapse.
Official website here: www.pyhit.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 83%, Three-Star out of Four Star rating.
Altamont Program Inc demonstrates strong performance in accountability and finance, earning an overall score of 83%. The evaluation highlights the organization's commitment to transparency through its independent board, which comprises 100% independent members, and effective financial oversight mechanisms. Additionally, policies related to conflict of interest, whistleblower protection, and document retention are well-documented, reflecting a conscientious approach to governance.
One of the notable strengths is the high program expense ratio of 89.32%, indicating that a significant portion of their funds is directed towards their programs rather than administrative costs. This suggests a focus on fulfilling their mission effectively. However, the organization received a lower score on the liabilities to assets ratio, which stands at 67.92%, indicating some level of financial risk that could be a concern moving forward.
Overall, while Altamont Program Inc has solid accountability practices and a clear focus on programmatic expenditures, the financial health indicated by their liabilities to assets ratio may warrant close monitoring. The three-star rating reflects a solid performance, but potential donors might want to consider the financial implications of their current ratios.
This AI summary has been generated from information found on Charity Navigator.
Is Altamont Program Inc legitimate?
Altamont Program Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Altamont Program 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: $118,657
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,807,759
For more financial information, click here
Official website here: www.pyhit.com
What is the mission statement of Altamont Program Inc?
Altamont Program Inc's mission is centered around assisting individuals struggling with alcohol and drug addiction. The primary goal is to aid in their recovery from substance abuse. The organization also focuses on facilitating the transition from correctional facilities to community living, enabling individuals to confront and overcome the underlying issues that trigger and sustain substance abuse. It aims to break the cycle of incarceration and relapse, ultimately assisting in the successful and constructive reentry of individuals into society. In essence, Altamont Program Inc seeks to create responsible and contributing members of society, providing employment opportunities in sectors such as culinary arts, hotel management, and the building and construction trades, among others.
Official website here: www.pyhit.com
Who is the CEO of Altamont Program Inc?
Jennifer Neifeld is the President of Altamont Program Inc. The CEO's salary of Altamont Program Inc is $75,128 and their total compensation is $75,128.
Official website here: www.pyhit.com
What is the revenue of Altamont Program Inc?
Altamont Program Inc's revenue in 2022 was $7,016,927.
Official website here: www.pyhit.com
Who are the executives of Altamont Program Inc and what are their salaries?
The average compensation at Altamont Program Inc during 2022 was $18,880. There are 155 employees and 7 volunteers at Altamont Program Inc.
Here are 10 key members and their salaries (Altamont Program Inc's CEO's salary is $75,128 and their total compensation is $75,128):
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- Compensation: $31,107
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- Compensation: $10,322
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- Compensation: $75,128
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Official website here: www.pyhit.com
Where can I find the form 990 for Altamont Program Inc?
Altamont Program Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pyhit.com
Learn more at the official website: www.pyhit.com
Mission Statement of Altamont Program Inc
Altamont Program, a nonprofit organization, is dedicated to aiding individuals in overcoming substance abuse issues, primarily alcoholism and drug addiction. Its mission encompasses three key objectives. Firstly, Altamont Program aims to assist individuals in recovering from the disease of addiction, providing them with the necessary tools and support to overcome their dependence.
Secondly, the organization focuses on facilitating the transition of individuals from correctional facilities to community living. It strives to help these individuals confront and overcome the underlying problems that trigger and sustain substance abuse, enabling them to break free from the cycle of incarceration and relapse.
Lastly, Altamont Program is committed to supporting these individuals in their successful and constructive reentry into society. By helping them secure gainful employment in sectors such as the culinary arts, hotel management, and the building and construction trades, the organization aims to transform them into responsible citizens and taxpayers. In essence, Altamont Program seeks to create a positive impact on society by serving those afflicted with chemical dependencies, the homeless, and individuals preparing for a smooth transition into the world of work and responsible citizenship.
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Impact
October, 2024
Altamont Program Inc has a significant impact on individuals recovering from alcoholism and substance abuse, particularly in New York State. By developing and operating educational and vocational rehabilitation programs, Altamont addresses the multifaceted challenges faced by those struggling with addiction. The program emphasizes hands-on experiences in fields such as culinary arts, hotel management, and building trades, equipping participants with practical skills that increase their employability.
The mission of Altamont extends beyond immediate recovery; it focuses on easing the transition from correctional facilities to community living. This crucial support helps individuals confront the underlying issues related to their substance abuse, fostering personal growth and resilience. By targeting the cycle of incarceration and relapse, Altamont plays a vital role in facilitating successful reintegration into society, ultimately transforming participants into responsible citizens and taxpayers.
Through its comprehensive approach, Altamont not only aids individual participants but also contributes positively to the broader community by reducing homelessness, promoting responsible citizenship, and increasing overall societal well-being.
This information is meant to be a general summary of Altamont Program 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.
- Program Service Revenue: $6,116,552
- Gross Receipts: $7,016,927
Assets and Liabilities:
- Total Assets: $4,276,098
- Total Liabilities: $2,904,361
- Net Assets: $1,371,737
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOVERNMENT CONTRACTS
Revenue
$4,006,343
INDUSTRIES PROGRAM
Revenue
$1,666,717
LODGING
Revenue
$443,492
Organization Details
Founding Year
1988
Phone
(518) 377-2448Principal Officer
Jennifer Neifeld
Main Address
428 DUANE AVENUE, SCHENECTADY, NY, 12304
Website
www.pyhit.comNTEE Category
Code: P80 - Human services
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