Overview
What is Seneca Park Zoo Society Development Fund Inc?
The Seneca Park Zoo Society Development Fund Inc is a New York-based nonprofit organization established to safeguard assets acquired through capital campaigns for enhancements to the Seneca Park Zoo. Their primary mission revolves around holding and protecting these assets to facilitate improvements for the zoo.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%
The Seneca Park Zoo Society Development Fund Inc has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its financial practices. While the organization boasts a fully independent board and strong governance policies, it struggles with financial transparency and program funding, as evidenced by its low program expense ratio and missing tax forms on its website.
Strengths of the organization include its commitment to ethical governance, with policies in place for conflict of interest, whistleblower protections, and document retention. Additionally, the board's independence and oversight measures demonstrate a structured approach to organizational management. However, these strengths are overshadowed by financial indicators that suggest a lack of effective programmatic funding and overall accountability.
The absence of reported program expenses raises questions about how funds are allocated and the impact of its initiatives. Furthermore, the high liabilities to assets ratio signals potential financial instability. To improve its rating, the organization will need to address these financial issues and enhance its transparency to foster greater trust among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Seneca Park Zoo Society Development Fund Inc legitimate?
Seneca Park Zoo Society Development Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seneca Park Zoo Society Development Fund 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: $159,123
For more financial information, click here
What is the mission statement of Seneca Park Zoo Society Development Fund Inc?
The Seneca Park Zoo Society Development Fund Inc is a New York-based non-profit organization. Its primary role is to safeguard assets amassed through capital campaigns aimed at enhancing the Seneca Park Zoo. The organization's mission revolves around preserving the acquired assets for the betterment of the Seneca Park Zoo.
Who is the CEO of Seneca Park Zoo Society Development Fund Inc?
Pamela Reed Sanchez is the Secretary of Seneca Park Zoo Society Development Fund Inc. The CEO's salary of Seneca Park Zoo Society Development Fund Inc is $0 and their total compensation is $164,342.
What is the revenue of Seneca Park Zoo Society Development Fund Inc?
Seneca Park Zoo Society Development Fund Inc's revenue in 2022 was $1,212,931.
Who are the executives of Seneca Park Zoo Society Development Fund Inc and what are their salaries?
There 22 volunteers at Seneca Park Zoo Society Development Fund Inc.
Here are 10 key members and their salaries (Seneca Park Zoo Society Development Fund Inc's CEO's salary is $0 and their total compensation is $164,342):
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- Related: $155,190
- Other: $9,152
- Compensation: $0
- Related: $124,226
- Other: $18,930
Where can I find the form 990 for Seneca Park Zoo Society Development Fund Inc?
Seneca Park Zoo Society Development Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Seneca Park Zoo Society Development Fund Inc
The Seneca Park Zoo Society Development Fund, Inc. is a New York-based non-profit organization with a mission to safeguard assets obtained through capital campaigns aimed at enhancing the Seneca Park Zoo. The cornerstone of this institution's purpose lies in the protection and conservation of the resources amassed during these fundraising efforts for the betterment of the Seneca Park Zoo. By serving as a steward for these acquisitions, the Seneca Park Zoo Society Development Fund, Inc. plays a vital role in ensuring that the ongoing improvements to the zoo are sustained for generations to come.
This dedicated non-profit corporation is an essential partner in the continuous evolution of the Seneca Park Zoo. Through its commitment to holding and protecting the assets from capital campaigns, the organization enables the zoo to undergo transformative improvements, ultimately enriching the visitor experience and fostering a stronger connection between the community and the natural world. As a result, the Seneca Park Zoo Society Development Fund, Inc. stands as a testament to the power of collective giving and the enduring impact of charitable initiatives.
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Impact
October, 2024
The Seneca Park Zoo Society Development Fund Inc plays a vital role in enhancing the quality and sustainability of the Seneca Park Zoo in Rochester, NY. By holding and safeguarding assets generated through capital campaigns, the organization ensures that funds are available for essential improvements to the zoo. This commitment not only supports better facilities and exhibits, but also enriches the educational and conservation efforts associated with the zoo. By investing in infrastructure and resources, the fund contributes to a more engaging environment for visitors and healthier habitats for animals, thereby fostering a deeper appreciation for wildlife and promoting conservation initiatives within the community.
This information is meant to be a general summary of Seneca Park Zoo Society Development Fund 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: $17,290
- Gross Receipts: $1,212,931
Assets and Liabilities:
- Total Assets: $2,972,547
- Total Liabilities: $1,294,374
- Net Assets: $1,678,173
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Organization Details
Founding Year
1989
Phone
(585) 336-7200Principal Officer
Pamela Reed Sanchez
Main Address
2222 SAINT PAUL STREET, ROCHESTER, NY, 14621
NTEE Category
Code: D115 - Animals
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