Overview
What is Episcopal Church Home Foundation Of Western New York Inc?
Episcopal Church Home Foundation of Western New York Inc is a nonprofit organization situated in Williamsville, New York. Its primary mission is to raise, invest, and distribute funds for the benefit of Episcopal Church Home & Affiliates Inc. and its subsidiaries. This foundation supports affiliated 501(c)(3) organizations, contributing to their ongoing operations. The organization has a modest team of one dedicated individual to carry out its mission, demonstrating a commitment to its cause. The foundation's work is instrumental in fostering the growth and development of the affiliated organizations, ultimately benefiting the wider community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Episcopal Church Home Foundation of Western New York Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement with a score of 71%. This rating reflects the organization's overall accountability and finance practices. Notably, the foundation has demonstrated strong governance practices, with 100% of its board members being independent and having no material diversion of assets, which are positive indicators of transparency and responsibility.
The organization excels in its program expense ratio, with over 71% of its expenses allocated directly to programs, showing a commitment to its mission. Additionally, it has a low liabilities to assets ratio, suggesting good financial health. The foundation has also established a conflict of interest policy and documents board meeting minutes, further enhancing its accountability practices.
However, the overall Two-Star rating suggests that there are areas where the foundation could strengthen its operations and effectiveness. While governance and financial metrics are strong, the organization may need to focus on improving its overall impact and transparency in other areas to enhance its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Episcopal Church Home Foundation Of Western New York Inc legitimate?
Episcopal Church Home Foundation Of Western New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Episcopal Church Home Foundation Of Western New York 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $64,071
For more financial information, click here
What is the mission statement of Episcopal Church Home Foundation Of Western New York Inc?
The Episcopal Church Home Foundation of Western New York Inc. is dedicated to raising, investing, and distributing funds for the benefit of Episcopal Church Home & Affiliates Inc. and its subsidiaries and affiliates. The primary objective of the foundation is to support these organizations financially, aiming to further their causes and initiatives. All expenses incurred by the foundation are in line with its mission of assisting affiliated 501(c)(3) organizations.
Who is the CEO of Episcopal Church Home Foundation Of Western New York Inc?
Robert L Wallace is the President/C.E.O. of Episcopal Church Home Foundation Of Western New York Inc.
What is the revenue of Episcopal Church Home Foundation Of Western New York Inc?
Episcopal Church Home Foundation Of Western New York Inc's revenue in 2022 was $770,271.
Who are the executives of Episcopal Church Home Foundation Of Western New York Inc and what are their salaries?
The average compensation at Episcopal Church Home Foundation Of Western New York Inc during 2022 was $64,071. There is 1 employee at Episcopal Church Home Foundation Of Western New York Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $458,085
- Other: $22,365
- Compensation: $0
- Related: $268,990
- Other: $9,339
Where can I find the form 990 for Episcopal Church Home Foundation Of Western New York Inc?
Episcopal Church Home Foundation Of Western New York Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Episcopal Church Home Foundation Of Western New York Inc
Episcopal Church Home Foundation of Western New York Inc plays a vital role in supporting its affiliated organizations. This foundation's mission is centered around raising, investing, and distributing funds for the betterment of Episcopal Church Home & Affiliates Inc and its subsidiaries. By undertaking these activities, the foundation contributes significantly to the mission of these organizations, working in unison to achieve their collective goals. The foundation's operations are carried out with a focus on supporting 501(c)(3) organizations, ensuring that all expenditures align with its purpose of aiding affiliated entities.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Episcopal Church Home Foundation of Western New York Inc significantly enhances the quality of life for residents and clients served by the Episcopal Church Home and its affiliates. By effectively raising, investing, and distributing funds, the foundation ensures vital resources are available to support a range of services and programs. This financial backing allows the organization to maintain high standards of care, improve facilities, and develop new initiatives that directly impact the well-being of the community.
The foundation's commitment to its mission fosters an environment where individuals can receive compassionate care tailored to their needs, ensuring that their dignity and personal preferences are honored. Furthermore, the foundation's efforts contribute to the sustainability and growth of the Episcopal Church Home and its subsidiary organizations, allowing them to adapt and respond to the evolving needs of those they serve. Overall, the impact of the foundation is a strengthened community, enriched by the support and care provided through its initiatives.
This information is meant to be a general summary of Episcopal Church Home Foundation Of Western New York 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: $443,650
- Gross Receipts: $847,058
Assets and Liabilities:
- Total Assets: $16,219,311
- Total Liabilities: $63,059
- Net Assets: $16,156,252
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1986
Phone
(716) 929-5800Principal Officer
Robert L Wallace
Main Address
705 RENAISSANCE DRIVE, WILLIAMSVILLE, NY, 14221
NTEE Category
Code: T700 - Philanthropy
If you are a representative of Episcopal Church Home Foundation Of Western New York Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.