Overview
What is Hunter Foundation Inc?
Hunter Foundation Inc is a nonprofit organization situated primarily in Tannersville, New York, with a postal address at PO Box 563. Their primary mission is to enhance the community, particularly in the Town of Hunter, through various rehabilitation and renovation programs. The foundation focuses on revitalizing the Route 23A corridor, seeking support from government, commercial, foundation, and individual sources. Their initiatives aim to improve the town's infrastructure, potentially leading to a more vibrant and thriving community. The organization employs a team of 25 individuals dedicated to achieving these goals.
Official website here: www.hunterfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Hunter Foundation Inc has received a two-star rating from Charity Navigator, with an overall score of 73%. While the organization demonstrates strong accountability through a fully independent board and high marks for its audit and oversight practices, it lacks in certain key areas such as having a whistleblower policy and document retention policies.
The foundation shows a commendable program expense ratio of 76.31%, indicating that a significant portion of its funds are directed toward its programs. However, the liabilities to assets ratio of 83.59% raises concerns about its financial health, suggesting a potential issue in managing its obligations relative to its assets.
Overall, while Hunter Foundation Inc exhibits strengths in governance and program expenditure, the absence of crucial policies and the financial liability concerns indicate that improvements are needed to enhance its operational transparency and fiscal stability.
This AI summary has been generated from information found on Charity Navigator.
Is Hunter Foundation Inc legitimate?
Hunter Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hunter Foundation 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: $35,385
Professional Fundraising Fees: $0
Other Salaries and Wages: $410,540
For more financial information, click here
Official website here: www.hunterfoundation.org
What is the mission statement of Hunter Foundation Inc?
The Hunter Foundation Inc's mission involves engaging in programs and support activities aimed at improving communities, primarily focusing on rehabilitation and renovation projects. This is achieved through collaborations with government, commercial, foundation, and individual entities. The foundation's efforts are primarily centered around enhancing the Route 23A corridor. Their activities are geared towards revitalizing properties and contributing to the overall betterment of the community.
Official website here: www.hunterfoundation.org
What is the revenue of Hunter Foundation Inc?
Hunter Foundation Inc's revenue in 2023 was $976,756.
Official website here: www.hunterfoundation.org
Who are the executives of Hunter Foundation Inc and what are their salaries?
The average compensation at Hunter Foundation Inc during 2023 was $13,935. There are 32 employees and 11 volunteers at Hunter Foundation Inc.
Here are 12 key members and their salaries:
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- Compensation: $35,385
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Official website here: www.hunterfoundation.org
Where can I find the form 990 for Hunter Foundation Inc?
Hunter Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hunterfoundation.org
Learn more at the official website: www.hunterfoundation.org
Mission Statement of Hunter Foundation Inc
The Hunter Foundation Inc, in its mission, focuses on improving communities primarily in an unspecified location. Their primary activities involve rehabilitation and renovation projects, aiming to enhance the Route 23A corridor. This initiative is accomplished through collaboration with various entities such as government bodies, commercial sectors, foundations, and individual supporters. By engaging in these rehabilitation and renovation projects, the Hunter Foundation Inc strives to contribute positively to its community.
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Impact
October, 2024
Hunter Foundation Inc significantly impacts the community of Hunter, NY, by focusing on the rehabilitation and renovation of the Route 23A corridor. Through various programs and support activities, the foundation works to enhance the local environment, improve property conditions, and foster community engagement. The foundation collaborates with government entities, commercial partners, and individual donors to secure the necessary resources for these initiatives. As a result, the town of Hunter sees revitalization efforts that boost local pride, support economic growth, and improve the overall quality of life for its residents.
This information is meant to be a general summary of Hunter Foundation 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 2023.
- Investment Income: $61,960
- Program Service Revenue: $319,168
- Gross Receipts: $2,603,547
Assets and Liabilities:
- Total Assets: $12,463,051
- Total Liabilities: $10,684,115
- Net Assets: $1,778,936
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental income
Revenue
$319,168
Organization Details
Founding Year
1997
Principal Officer
Sean Mahoney
Website
www.hunterfoundation.orgNTEE Category
Code: S31 - Community improvement
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