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The Community Foundation Of Herkimer And Oneida Counties Inc

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

EIN: 156016932 ✦ Utica, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Community Foundation Of Herkimer And Oneida Counties Inc?

The Community Foundation of Herkimer and Oneida Counties Inc, located in Utica, New York, serves as a community-focused social impact investor. With a team of 19 dedicated employees, this nonprofit organization aims to enhance the quality of life in Herkimer and Oneida Counties. In 2022, they awarded a total of 1,536 grants and scholarships to eligible nonprofits, primarily in these two counties. Their collaborative funding and responsive grants support neighborhood revitalization, community vibrancy, healthcare, and workforce development. The foundation is committed to building, sustaining, and enhancing community vibrancy, stewarding community resources, and responding to rising community needs in collaboration with appropriate partners. Their mission is to create a vibrant region with opportunities for all.


Official website here: www.foundationhoc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100% (Four-Star out of Four Stars)

The Community Foundation of Herkimer and Oneida Counties Inc has achieved a high level of financial accountability and transparency, reflected in its perfect score of 100% from Charity Navigator. This rating emphasizes the organization's strong governance practices, including a fully independent board and well-managed financial oversight. The charity's commitment to transparency is evidenced by the availability of its tax forms and board meeting minutes on its website.

Strengths highlighted in the feedback indicate a strong emphasis on program expenses, with an impressive program expense ratio of 79.73%. Additionally, the foundation has demonstrated exceptional fundraising efficiency, requiring only $0.03 to raise a dollar, which speaks to its effective resource management. The organization also holds a commendable working capital ratio, ensuring long-term financial health.

While the ratings suggest a robust operational framework, it is important to continuously monitor the foundation's efforts to maintain these high standards. Overall, the Community Foundation of Herkimer and Oneida Counties Inc exemplifies a nonprofit organization dedicated to accountability, efficiency, and effective community service.


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

Is The Community Foundation Of Herkimer And Oneida Counties Inc legitimate?

The Community Foundation Of Herkimer And Oneida Counties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Community Foundation Of Herkimer And Oneida Counties 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: $386,844
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,148,838

For more financial information, click here


Official website here: www.foundationhoc.org

What is the mission statement of The Community Foundation Of Herkimer And Oneida Counties Inc?

The Community Foundation of Herkimer and Oneida Counties works towards enhancing community vibrancy in Herkimer and Oneida Counties. Through transformational initiatives and projects, they aim to build, sustain, and enhance community life. The foundation stewards community resources and ensures greater capacity for future needs. In response to emerging community needs, they collaborate with appropriate partners. Their ultimate goal is to create a region teeming with opportunities for all.


Official website here: www.foundationhoc.org

Who is the CEO of The Community Foundation Of Herkimer And Oneida Counties Inc?

Alicia Dicks is the President/Chief Executive of The Community Foundation Of Herkimer And Oneida Counties Inc. The CEO's salary of The Community Foundation Of Herkimer And Oneida Counties Inc is $187,877 and their total compensation is $222,468.


Official website here: www.foundationhoc.org

What is the revenue of The Community Foundation Of Herkimer And Oneida Counties Inc?

The Community Foundation Of Herkimer And Oneida Counties Inc's revenue in 2022 was $14,042,660.


Official website here: www.foundationhoc.org

Who are the executives of The Community Foundation Of Herkimer And Oneida Counties Inc and what are their salaries?

The average compensation at The Community Foundation Of Herkimer And Oneida Counties Inc during 2022 was $80,825. There are 19 employees at The Community Foundation Of Herkimer And Oneida Counties Inc.


Here are 26 key members and their salaries (The Community Foundation Of Herkimer And Oneida Counties Inc's CEO's salary is $187,877 and their total compensation is $222,468):


Alicia Dicks (President/Chief Executive)
  • Compensation: $187,877
  • Related: $0
  • Other: $34,591
Erika Eastman (Chief Financial Officer/Director Of Finance)
  • Compensation: $135,530
  • Related: $0
  • Other: $28,846
John Swann (Executive Vice President)
  • Compensation: $139,496
  • Related: $0
  • Other: $9,765
Nicholas Grimmer (Director Of Giving Strateg)
  • Compensation: $118,062
  • Related: $0
  • Other: $8,264
Jacqueline Klotzbach (Director Of Business Systems And Strategy)
  • Compensation: $100,210
  • Related: $0
  • Other: $7,233
Robert Bojanek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Casamento (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Cuccaro (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Engler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Hayduk (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirk Hinman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harrison Hummel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kay Klo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathleen Mccolgin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Mclean (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kay Parker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randall Vanwagoner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Warfel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bradley Waters (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Zongrone (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jawwaad Rasheed (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Joseph Salerno (Chair Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Daly (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Minor (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Manzelmann (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eve Van De Wal (Past Chair/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.foundationhoc.org

Where can I find the form 990 for The Community Foundation Of Herkimer And Oneida Counties Inc?

The Community Foundation Of Herkimer And Oneida Counties Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.foundationhoc.org

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

Mission Statement of The Community Foundation Of Herkimer And Oneida Counties Inc

The Community Foundation of Herkimer and Oneida Counties, a prominent nonprofit organization, is dedicated to enhancing the lives of the residents in Herkimer and Oneida Counties. With a vision of a vibrant region that offers opportunities for all, this foundation takes the lead in supporting and initiating transformational projects that build, sustain, and enhance community vibrancy.

Working towards this vision, the Community Foundation stewards community resources, ensuring greater capacity for future needs. By collaborating with appropriate partners, the organization effectively responds to emerging community needs. The foundation's actions are rooted in its commitment to improving the lives of the people in these counties and creating a lasting impact on the community.

In summary, the Community Foundation of Herkimer and Oneida Counties is an essential pillar of the community, working tirelessly to support transformative initiatives and projects, manage resources, and collaborate with partners in order to create opportunities and enhance the overall well-being of the residents in Herkimer and Oneida Counties.

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Impact




October, 2024

The Community Foundation of Herkimer and Oneida Counties, Inc. significantly enhances the quality of life in the region by strategically investing its financial and intellectual resources into impactful initiatives. In 2022 alone, the foundation awarded 1,536 grants and scholarships, directly benefiting local residents and community organizations. Its commitment to neighborhood revitalization fosters community vibrancy and addresses pressing issues in healthcare and workforce development.

By collaborating with various partners, the foundation leads transformational projects that not only build and sustain community vitality but also ensure that resources are available for future needs. This proactive approach helps address rising community needs, creating a vibrant region with opportunities for all. The foundation's efforts are essential in cultivating a collaborative environment where residents can thrive, ultimately improving the lives of those in Herkimer and Oneida Counties.




This information is meant to be a general summary of The Community Foundation Of Herkimer And Oneida Counties 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
$14,042,660 (2022)
Expenses
$15,481,585 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,039,465
  • Program Service Revenue: $72,406
  • Gross Receipts: $14,042,660

Assets and Liabilities:

  • Total Assets: $176,629,799
  • Total Liabilities: $15,919,262
  • Net Assets: $160,710,537

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Programs

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

AGENCY FUNDS ADMIN FEE

Revenue

$72,406

Organization Details

Founding Year

1952

Principal Officer

Alicia Dicks

Main Address

2608 GENESEE STREET, UTICA, NY, 13502

NTEE Category

Code: T310 - Philanthropy

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