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Albany Fund For Education Inc

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

EIN: 141810885 ✦ Albany, NY ✦ Designated as a 501(c)(3)

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Overview

What is Albany Fund For Education Inc?

Albany Fund for Education Inc, based in Albany, New York, is a small-scale nonprofit organization dedicated to supporting educational programs and projects within the City of Albany's schools. Their primary focus is providing grants for various school initiatives and reimbursing teachers for expenses related to virtual learning. With a single employee, they contribute to enriching the educational environment for students in their community.


Official website here: www.albanyfundforeducation.org

Is Albany Fund For Education Inc legitimate?

Albany Fund For Education Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Albany Fund For Education 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: $35,918
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.albanyfundforeducation.org

What is the mission statement of Albany Fund For Education Inc?

Albany Fund for Education Inc was established with the primary objective of supporting various programs and projects within the city's schools. The organization fulfills this mission by providing grants for educational initiatives and reimbursing teachers for expenses related to virtual learning. By doing so, it contributes to the enrichment of learning experiences and educational resources within the school system. The organization's activities aim to enhance the overall educational environment, thereby benefiting students and teachers alike.


Official website here: www.albanyfundforeducation.org

Who is the CEO of Albany Fund For Education Inc?

Mari Shopsis is the President of Albany Fund For Education Inc.


Official website here: www.albanyfundforeducation.org

What is the revenue of Albany Fund For Education Inc?

Albany Fund For Education Inc's revenue in 2022 was $224,516.


Official website here: www.albanyfundforeducation.org

Who are the executives of Albany Fund For Education Inc and what are their salaries?

The average compensation at Albany Fund For Education Inc during 2022 was $35,918. There is 1 employee and 150 volunteers at Albany Fund For Education Inc.


Here are 21 key members and their salaries:


Kathryn Bamberger (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Chapple (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Collins-Hackett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Erling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ginnie Farrell (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Franz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Faith Skervin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirsten A Hernandez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Fitzsimons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Orah Lehockey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Peckham (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brooke Raveendranath (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Onnolee Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Walston (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Vaughan-Cherubin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Quindara (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Whitney Malone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natisha Alexander (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Haley Thomson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tabetha Wilson (Ex Officio, School Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mari Shopsis (Executive Director)
  • Compensation: $32,340
  • Related: $0
  • Other: $0


Official website here: www.albanyfundforeducation.org

Where can I find the form 990 for Albany Fund For Education Inc?

Albany Fund For Education Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.albanyfundforeducation.org

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

Mission Statement of Albany Fund For Education Inc

Albany Fund for Education Inc, a nonprofit organization, was established with a mission to support various programs and projects within the City of Albany NY's schools. This mission involves providing financial aid through grants, which can be utilized for various educational initiatives within the schools. Additionally, the organization offers reimbursement grants to teachers for expenses related to virtual learning, aiming to facilitate their efforts in the digital classroom. By supporting these educational endeavors, Albany Fund for Education Inc contributes to the overall improvement of the educational experience within the city's schools.

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Impact




October, 2024

Albany Fund For Education Inc plays a crucial role in enhancing the educational landscape in Albany, NY. By providing grants specifically for school programs and reimbursement for teachers' expenses related to virtual learning, it directly supports the development and improvement of educational initiatives in the city's schools. This financial assistance allows educators to implement innovative projects and adapt to changing learning environments, ultimately enriching the educational experience for students. The organization's focus on enhancing educational opportunities ensures that both teachers and students are equipped with the necessary resources to succeed.




This information is meant to be a general summary of Albany Fund For Education 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
$224,516 (2022)
Expenses
$208,620 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $510
  • Program Service Revenue: $34,814
  • Gross Receipts: $237,673

Assets and Liabilities:

  • Total Assets: $322,784
  • Total Liabilities: $95,557
  • Net Assets: $227,227

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Programs

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

FEE FOR SERVICE CONTRA

Revenue

$30,575

OTHER INCOME

Revenue

$2,228

MANAGEMENT FEE INCOME

Revenue

$2,011

Organization Details

Founding Year

1999

Principal Officer

Mari Shopsis

Main Address

PO BOX 3110, ALBANY, NY, 12203

NTEE Category

Code: B99 - Education

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