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Business Network Of Emergency Resources Inc

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

EIN: 141815805 ✦ Fulton, NY ✦ Designated as a 501(c)(3)

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Overview

What is Business Network Of Emergency Resources Inc?

Business Network of Emergency Resources Inc, based in Fulton, New York, is a nonprofit organization that focuses on promoting efficient and reliable communication between the government and developers. Their primary objective is to alleviate the governmental burden by encouraging collaborative efforts between the private and public sectors. This collaboration aims to establish a prompt access for the benefit of disaster-affected communities and businesses, facilitating swift loss prevention, recovery, and economic well-being. With a dedicated team of four individuals, they work towards establishing effective emergency information exchanges.


Official website here: www.bnetinc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

Business Network Of Emergency Resources Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid score of 81%. This rating indicates a good level of accountability and financial health, as it is based entirely on the Accountability & Finance beacon. The organization has demonstrated strong governance practices, with 80% of its board members being independent and a complete absence of material diversion of assets.

The nonprofit has also shown commitment to transparency by having all required policies in place, including a conflict of interest policy and a whistleblower policy. Additionally, it maintains a favorable liabilities to assets ratio of 0.56%, which suggests a healthy financial position. The program expense ratio stands at 79.31%, indicating that a significant portion of its funds is directed towards its programs, reflecting effective resource allocation.

While the organization shows strengths in governance and financial practices, the overall rating being solely derived from the Accountability & Finance score means that potential donors might want to look further into the programmatic impact and outcomes of the organization. Overall, Business Network Of Emergency Resources Inc demonstrates reliability and accountability in its operations.


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

Is Business Network Of Emergency Resources Inc legitimate?

Business Network Of Emergency Resources Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Business Network Of Emergency Resources 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: $75,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $159,713

For more financial information, click here


Official website here: www.bnetinc.org

What is the mission statement of Business Network Of Emergency Resources Inc?

Business Network of Emergency Resources Inc's mission is centered around alleviating the burden on governmental entities by encouraging collaboration between the private and public sectors. This collaboration aims to establish a swift and accessible response for communities and businesses impacted by disasters. The organization promotes loss prevention, expedites recovery, and bolsters economic well-being while fostering reliable and efficient communication between government entities and developers. This communication serves to facilitate the exchange of emergency-related information, thereby enhancing disaster response efforts.


Official website here: www.bnetinc.org

Who is the CEO of Business Network Of Emergency Resources Inc?

Peter Picarillo is the CEO of Business Network Of Emergency Resources Inc The CEO's salary of Business Network Of Emergency Resources Inc is $90,000 and their total compensation is $90,000.


Official website here: www.bnetinc.org

What is the revenue of Business Network Of Emergency Resources Inc?

Business Network Of Emergency Resources Inc's revenue in 2023 was $437,868.


Official website here: www.bnetinc.org

Who are the executives of Business Network Of Emergency Resources Inc and what are their salaries?

The average compensation at Business Network Of Emergency Resources Inc during 2023 was $58,678. There are 4 employees at Business Network Of Emergency Resources Inc.

Here are 5 key members and their salaries (Business Network Of Emergency Resources Inc's CEO's salary is $90,000 and their total compensation is $90,000):


Matthew Deane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Kodela Cordts (Treasurer / Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Picarillo (President / Ceo)
  • Compensation: $90,000
  • Related: $0
  • Other: $0
Scott Derby (Director /Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Dawe (Director / Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bnetinc.org

Where can I find the form 990 for Business Network Of Emergency Resources Inc?

Business Network Of Emergency Resources Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.bnetinc.org

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

Mission Statement of Business Network Of Emergency Resources Inc

Business Network of Emergency Resources Inc, abbreviated as BNER, is a mission-driven organization aiming to alleviate the government's burden in disaster-affected communities and businesses. By encouraging collaborative efforts between the private and public sectors, BNER strives to establish a prompt access to essential resources. Their goal is to promote loss prevention, facilitate rapid recovery, and foster economic well-being in disaster-stricken areas. Furthermore, BNER works to create efficient and reliable communication channels between government entities and developers, enabling the swift exchange of emergency-related information. By doing so, BNER aims to play a crucial role in supporting disaster-affected communities and businesses in their time of need.

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Impact




July, 2024

Business Network Of Emergency Resources Inc's impact lies in its proactive approach to relieving the burden on government entities during times of disaster. By fostering collaboration between the private and public sectors, the organization facilitates swift and efficient access to resources for communities and businesses affected by emergencies. Through its focus on loss prevention, rapid recovery, and economic well-being, the organization contributes to the overall resilience and stability of communities in states like New York. By promoting efficient communication between government agencies and developers, the organization ensures essential exchanges of emergency-related information, further enhancing preparedness and response efforts. Overall, Business Network Of Emergency Resources Inc plays a vital role in improving community resilience and facilitating a coordinated response to emergencies.




This information is meant to be a general summary of Business Network Of Emergency Resources 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
$437,868 (2023)
Expenses
$467,748 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $429,665
  • Gross Receipts: $437,868

Assets and Liabilities:

  • Total Assets: $918,143
  • Total Liabilities: $5,243
  • Net Assets: $912,900

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Organization Details

Founding Year

1999

Principal Officer

Jane Cordts

NTEE Category

Code: S40 - Community improvement

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