Overview
What is Charles T Sitrin Network Of Homes & Serv Inc?
Charles T Sitrin Network Of Homes & Serv Inc, based in New Hartford, New York, serves as a supporting organization to various 501(c)3 subsidiary corporations. During 2022, they provided significant support to these affiliates through management services. The network's primary mission is to foster the growth and success of these subsidiaries, working collaboratively to achieve their common goals. With a workforce of 49 employees, Charles T Sitrin Network Of Homes & Serv Inc plays a crucial role in fostering a strong and effective nonprofit community, contributing to the betterment of various communities and causes.
Official website here: www.sitrin.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Charles T Sitrin Network Of Homes & Serv Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization scored particularly well in several key areas, notably with a full score for having a majority of independent board members and for its financial oversight practices. This high rating emphasizes the charity's transparency and effective management, which are crucial for donor trust.
The charity's financial health is robust, with an impressive program expense ratio of 95.75%, indicating that a significant majority of its funds are directed towards its programs rather than administrative costs. Additionally, the organization has demonstrated responsible asset management, showing no material diversion of assets. The presence of comprehensive policies, such as conflict of interest and whistleblower protections, further underscores its commitment to ethical governance.
While the current data highlights the organization's strengths, there is no mention of any specific challenges or limitations faced by the Charles T Sitrin Network Of Homes & Serv Inc. Overall, the organization appears to be well-managed and effective in utilizing its resources to fulfill its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Charles T Sitrin Network Of Homes & Serv Inc legitimate?
Charles T Sitrin Network Of Homes & Serv Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charles T Sitrin Network Of Homes & Serv 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: $262,847
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.sitrin.com
What is the mission statement of Charles T Sitrin Network Of Homes & Serv Inc?
The Charles T. Sitrin Network of Homes & Services, Inc. serves as a backing and supporting organization for various 501(c)3 subsidiary corporations. Its primary role is to provide management services to these subsidiaries, as outlined in Schedule A. However, the mission statement specific to the Network itself was not provided in the given information. Consequently, it remains unavailable to include in this summary.
Official website here: www.sitrin.com
Who is the CEO of Charles T Sitrin Network Of Homes & Serv Inc?
Christa L Serafin is the Assistant Secretary of Charles T Sitrin Network Of Homes & Serv Inc. The CEO's salary of Charles T Sitrin Network Of Homes & Serv Inc is $267,606 and their total compensation is $283,806.
Official website here: www.sitrin.com
What is the revenue of Charles T Sitrin Network Of Homes & Serv Inc?
Charles T Sitrin Network Of Homes & Serv Inc's revenue in 2022 was $2,636,304.
Official website here: www.sitrin.com
Who are the executives of Charles T Sitrin Network Of Homes & Serv Inc and what are their salaries?
The average compensation at Charles T Sitrin Network Of Homes & Serv Inc during 2022 was $5,364. There are 49 employees at Charles T Sitrin Network Of Homes & Serv Inc.
Here are 14 key members and their salaries (Charles T Sitrin Network Of Homes & Serv Inc's CEO's salary is $267,606 and their total compensation is $283,806):
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- Compensation: $267,606
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- Other: $16,200
Official website here: www.sitrin.com
Where can I find the form 990 for Charles T Sitrin Network Of Homes & Serv Inc?
Charles T Sitrin Network Of Homes & Serv Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sitrin.com
Learn more at the official website: www.sitrin.com
Mission Statement of Charles T Sitrin Network Of Homes & Serv Inc
Charles T. Sitrin Network of Homes & Services, Inc., serves as a parent and supporting organization to various 501(C)3 subsidiary corporations. Its mission is to provide essential support to these affiliated organizations, thereby contributing to their collective objectives and mission. The Network accomplishes this by offering management services, ensuring the smooth operation and success of its subsidiaries. By acting as a supportive parent organization, Charles T. Sitrin Network of Homes & Services, Inc., plays a crucial role in fostering the growth and achievement of its affiliated entities.
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Impact
October, 2024
Charles T. Sitrin Network of Homes & Services, Inc. plays a crucial role in enhancing the quality of life for those in its community by providing comprehensive support to its affiliated organizations. By serving as a parent and supporting entity, it enables the effective management and operation of various subsidiary corporations, ensuring they remain focused on their missions.
In 2022, the Network facilitated a range of services that bolstered the efforts of its affiliates, which are dedicated to housing and related support. Through management services and strategic guidance, it empowers these organizations to deliver essential programs and resources, ultimately benefiting the individuals they serve.
Operating out of New Hartford, NY, the Network's impact is most prominently felt in the area of housing, where it helps to create sustainable living environments that foster independence and dignity for community members. The collaborative nature of its work not only strengthens individual affiliates but also contributes to the overall well-being of the region, making a significant difference in the lives of many.
This information is meant to be a general summary of Charles T Sitrin Network Of Homes & Serv 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.
- Investment Income: $53,433
- Gross Receipts: $2,988,478
Assets and Liabilities:
- Total Assets: $4,997,249
- Total Liabilities: $232,939
- Net Assets: $4,764,310
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Organization Details
Founding Year
1951
Phone
(315) 797-3114Principal Officer
Christa L Serafin
Main Address
2050 TILDEN AVE, NEW HARTFORD, NY, 13413
Website
www.sitrin.comNTEE Category
Code: L12 - Housing
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