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Forever Elmwood Corporation

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

EIN: 161469312 ✦ Buffalo, NY ✦ Designated as a 501(c)(3)

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Overview

What is Forever Elmwood Corporation?

Forever Elmwood Corporation, identified as the Elmwood Village Association, is a nonprofit organization situated in Buffalo, New York. Their mission is to foster a harmonious blend of development and conservation, empowering community-driven initiatives, and championing an inclusive environment for locals to reside, work, and engage in recreational activities. The association executes various programs, including holiday and cooperative marketing initiatives, beautification projects, and glass repair services, all aimed at enhancing the overall appeal and livability of the Elmwood Village in Buffalo.


Official website here: www.elmwoodvillage.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star rating)

Forever Elmwood Corporation has achieved an impressive 97% score, earning it a Four-Star rating from Charity Navigator. This rating reflects the organization's strong performance in Accountability & Finance, demonstrating a commitment to transparency and sound financial practices. The overall score is solely derived from a single beacon score, emphasizing the importance of financial stewardship in the nonprofit sector.

The organization excels in several areas, including having a fully independent board with 10 out of 10 members, a low liabilities-to-assets ratio of 6.46%, and a high program expense ratio of 84.94%. These metrics indicate that a significant portion of their resources is dedicated to fulfilling their mission rather than administrative or other non-programmatic expenses. Additionally, the presence of documented policies for conflict of interest, whistleblower protection, and document retention further highlights their commitment to accountability.

While the data reflects a strong organizational foundation, no specific limitations or areas for improvement are noted in the available information. Overall, Forever Elmwood Corporation stands out as a well-managed nonprofit with a focus on financial integrity and program effectiveness.


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

Is Forever Elmwood Corporation legitimate?

Forever Elmwood Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forever Elmwood Corporation submitted a form 990EZ, 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.


Official website here: www.elmwoodvillage.org

What is the mission statement of Forever Elmwood Corporation?

Forever Elmwood Corporation, through its affiliation with the Elmwood Village Association, works towards achieving a harmonious blend of growth and preservation. The organization supports community-driven initiatives and fosters an inclusive environment where people can live, work, visit, and thrive. One of its key activities includes promoting holiday marketing and cooperative efforts. Additionally, it focuses on enhancing the neighborhood's appearance through beautification projects and addressing issues related to damaged glass. In essence, Forever Elmwood Corporation's mission is to contribute to the betterment of its community by encouraging growth, preservation, and inclusivity.


Official website here: www.elmwoodvillage.org

Who is the CEO of Forever Elmwood Corporation?

James Cichocki is the Executive Director of Forever Elmwood Corporation.


Official website here: www.elmwoodvillage.org

What is the revenue of Forever Elmwood Corporation?

Forever Elmwood Corporation's revenue in 2022 was $181,856.


Official website here: www.elmwoodvillage.org

Who are the executives of Forever Elmwood Corporation and what are their salaries?


Here are 11 key members and their salaries:


James Cichocki (Executive Director)
  • Compensation: $33,000
  • Related: $0
  • Other: $0
Therese Deutschlander (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Weinreib (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Baker (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Brocato (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Cairns (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Fields (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robbie Gianadda (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Moloney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Rabb (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Powers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.elmwoodvillage.org

Where can I find the form 990EZ for Forever Elmwood Corporation?

Forever Elmwood Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.elmwoodvillage.org

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

Mission Statement of Forever Elmwood Corporation

Forever Elmwood Corporation, with its mission at heart, strives to foster a harmonious blend of growth and preservation within its community. The organization actively supports community-led projects and works tirelessly to promote an inclusive neighborhood where people can live, work, visit, and prosper. One of its key initiatives includes running programs such as holiday marketing campaigns and cooperative efforts, as well as beautification projects to enhance the overall appearance of the area. Additionally, Forever Elmwood Corporation is dedicated to addressing the issue of broken glass in the community by offering repair services. This holistic approach to community development allows Forever Elmwood Corporation to make a significant impact on the well-being and livability of the neighborhood.

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Impact




October, 2024

Forever Elmwood Corporation plays a vital role in enhancing the quality of life in Buffalo, NY. By fostering a balance of growth and preservation, it encourages community development while maintaining the unique character of the Elmwood Village neighborhood. The organization supports local initiatives and projects that empower residents, making the area more inclusive and vibrant for everyone.

With programs focused on holiday and cooperative marketing, beautification efforts, and practical services such as glass repair, Forever Elmwood Corporation actively promotes an environment where individuals can thrive. This commitment not only beautifies the community but also strengthens the local economy and social fabric, making Elmwood Village an attractive place to live, work, visit, and prosper. Through its initiatives, the Corporation encourages collaboration among community members, creating a shared sense of ownership and pride in the neighborhood.




This information is meant to be a general summary of Forever Elmwood Corporation. 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
$181,856 (2022)
Expenses
$197,895 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $116,453
  • Gross Receipts: $183,243

Assets and Liabilities:

  • Total Assets: $64,108
  • Total Liabilities: $6,806
  • Net Assets: $57,302

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Organization Details

Principal Officer

James Cichocki

Main Address

520 Elmwood Avenue, Buffalo, NY, 14222

NTEE Category

Code: S21 - Community improvement

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