Cares Of Ny Inc

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

EIN: 141731746 ✦ Albany, NY ✦ Designated as a 501(c)(3)

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Overview

What is Cares Of Ny Inc?

Cares of Ny Inc, located at 200 Henry Johnson Blvd 4, Albany, New York 12210, is a nonprofit organization dedicated to providing housing and supportive services for individuals and families in need. In the past year, they have offered technical assistance and consulting to governmental and not-for-profit agencies serving individuals living with HIV/AIDS. Their mission extends beyond HIV support, promoting the development, implementation, and administration of housing and essential services for people living in poverty or with special needs. With a team of 49 employees, Cares, Inc. strives to improve the lives of their community members through comprehensive and effective programs.


Official website here: www.caresny.org

What are the reviews and ratings of this charity?

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

Cares Of Ny Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The organization scored a perfect 100% for having an independent board, which is a significant indicator of effective governance. The overall score is particularly notable as it is derived entirely from the Accountability & Finance category, where the organization excelled.

The charity demonstrated a high level of financial integrity, with an excellent program expense ratio of 97.17%, indicating that the vast majority of its funds are directed towards its programs rather than administrative costs. Furthermore, there are no reported instances of material diversion of assets, showcasing their reliability in handling donations responsibly.

While the data does not mention any specific limitations, organizations with high ratings typically still face challenges in areas such as community engagement and program outreach. Nonetheless, Cares Of Ny Inc stands out as a highly accountable nonprofit committed to its mission and effective use of resources.


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

Is Cares Of Ny Inc legitimate?

Cares Of Ny Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cares Of Ny 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: $2,455,083

For more financial information, click here


Official website here: www.caresny.org

What is the mission statement of Cares Of Ny Inc?

Cares of Ny Inc is dedicated to the planning, implementation, and administration of housing and supportive services for individuals and families in need, particularly those living in poverty or with special requirements. Their mission encompasses the identification, development, funding, evaluation, and implementation of these essential services. Last year, they provided consulting and technical assistance related to HIV and housing to various governmental and non-profit organizations serving individuals living with HIV/AIDS.


Official website here: www.caresny.org

Who is the CEO of Cares Of Ny Inc?

Nancy Harrington is the Chair of Cares Of Ny Inc.


Official website here: www.caresny.org

What is the revenue of Cares Of Ny Inc?

Cares Of Ny Inc's revenue in 2022 was $15,625,505.


Official website here: www.caresny.org

Who are the executives of Cares Of Ny Inc and what are their salaries?

The average compensation at Cares Of Ny Inc during 2022 was $50,104. There are 49 employees at Cares Of Ny Inc.


Here are 7 key members and their salaries:


Audra Higgins (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Goetz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Joralemon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mario Cometti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Kassel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Leyden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Harrington (Executive Director)
  • Compensation: $136,812
  • Related: $0
  • Other: $0


Official website here: www.caresny.org

Where can I find the form 990 for Cares Of Ny Inc?

Cares Of Ny Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.caresny.org

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

Mission Statement of Cares Of Ny Inc

Cares of Ny Inc, a renowned nonprofit organization, is dedicated to the planning, identification, development, implementation, funding, evaluation, and administration of housing and supportive services for individuals and families living in poverty or with special needs. In essence, Cares of Ny Inc strives to enhance the living conditions and improve the overall well-being of those in need.

Last year, Cares of Ny Inc extended its reach by providing HIV and housing-related technical assistance and consulting services to various governmental and not-for-profit agencies that catered to persons living with HIV/AIDS. By sharing its expertise and knowledge, Cares of Ny Inc played a pivotal role in enhancing the capacity of these organizations to provide effective services and support to their clients.

In summary, Cares of Ny Inc is a beacon of hope for individuals and families facing poverty or special needs. Through its comprehensive approach to housing and supportive services, the organization offers essential aid to help its clients overcome the challenges they face and build a brighter future. By extending its resources and expertise to other organizations serving those living with HIV/AIDS, Cares of Ny Inc strengthens the overall safety net and ensures that more people receive the care and support they need.

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Impact




October, 2024

Cares Of NY Inc significantly impacts the lives of individuals living with HIV/AIDS by providing essential technical assistance and consulting services to governmental and not-for-profit agencies. Through its efforts, the organization supports the planning, development, and implementation of housing and supportive services aimed at promoting stability and well-being for those affected.

By focusing on individuals and families living in poverty or with special needs, Cares Of NY Inc plays a crucial role in identifying and addressing gaps in service delivery. The agency's commitment to funding, evaluation, and administration of these services not only enhances the capacity of local organizations but also directly uplifts marginalized communities. This multifaceted approach ensures that vital resources and support reach those who need them most, fostering healthier and more resilient communities.




This information is meant to be a general summary of Cares Of Ny 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
$15,625,505 (2022)
Expenses
$12,943,758 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $28,256
  • Program Service Revenue: $904,443
  • Gross Receipts: $15,625,505

Assets and Liabilities:

  • Total Assets: $7,731,282
  • Total Liabilities: $1,618,588
  • Net Assets: $6,112,694

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Programs

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

FEE FOR SERVICE

Revenue

$707,727

TENANT RENTS

Revenue

$196,716

Organization Details

Founding Year

1990

Principal Officer

Nancy Harrington

Main Address

200 HENRY JOHNSON BLVD 4, ALBANY, NY, 12210

NTEE Category

Code: H00 - Medical research

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