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Hillside Foundation

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

EIN: 161493404 ✦ Rochester, NY ✦ Designated as a 501(c)(3)

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Overview

What is Hillside Foundation?

The Hillside Foundation is a nonprofit organization situated in Rochester, New York, specifically at 1183 Monroe Avenue. Its primary purpose is to support its tax-exempt affiliate, Hillside Children's Center, through fundraising, asset management, and grant-making initiatives. During the fiscal year ending June 30, 2022, the Foundation's grants aided the Center in serving 8,963 families. Its activities are focused on enhancing the Center's capabilities, which in turn benefits the local community. The Foundation is led by a team of nine dedicated individuals.


Official website here: www.hillside.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Stars)

The Hillside Foundation has received a Three-Star rating from Charity Navigator, reflecting its solid performance and accountability in financial management. With a perfect score in Accountability & Finance, the organization demonstrates a commitment to transparency and ethical practices, ensuring that it adheres to high standards in its operations.

Strengths of the Hillside Foundation include a majority of independent board members and robust financial oversight mechanisms. The organization excels in maintaining a low ratio of liabilities to assets and a high percentage of program expenses, indicating effective allocation of resources towards its mission. Additionally, the foundation has policies in place for conflict of interest, document retention, and whistleblower protection, further underscoring its commitment to integrity.

However, while the foundation's fundraising efficiency ratio is noted as $0.454, which may suggest room for improvement in fundraising strategies, the overall financial health indicated by a working capital ratio of 6.53 years suggests that the organization is well-positioned to sustain its programs. This balanced approach to governance and financial management contributes to the foundation's positive standing in the nonprofit sector.


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

Is Hillside Foundation legitimate?

Hillside Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hillside Foundation 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: $150,225
Other Salaries and Wages: $533,694

For more financial information, click here


Official website here: www.hillside.com

What is the mission statement of Hillside Foundation?

The Hillside Foundation's mission is centered around supporting its tax-exempt affiliate, the Hillside Children's Center. Established with the purpose of acquiring and managing funds exclusively for this affiliate, the foundation's primary objective is to aid the Children's Center in its operations. The Hillside Foundation achieves this by carrying out fundraising activities, managing assets, and distributing grants in the best interests of the Children's Center. During the fiscal year ending June 30, 2022, these grants enabled the Children's Center to serve a total of 8,963 families.


Official website here: www.hillside.com

Who is the CEO of Hillside Foundation?

Maria Cristalli is the Chair And Treasurer of Hillside Foundation. The CEO's salary of Hillside Foundation is $0 and their total compensation is $384,599.


Official website here: www.hillside.com

What is the revenue of Hillside Foundation?

Hillside Foundation's revenue in 2022 was $3,225,115.


Official website here: www.hillside.com

Who are the executives of Hillside Foundation and what are their salaries?

The average compensation at Hillside Foundation during 2022 was $59,299. There are 9 employees and 82 volunteers at Hillside Foundation.


Here are 4 key members and their salaries (Hillside Foundation's CEO's salary is $0 and their total compensation is $384,599):


Anne Komanecky (Chair And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard J Gangemi Md (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Cristalli (President And Ceo / Secretary)
  • Compensation: $0
  • Related: $350,102
  • Other: $34,497
Christopher Peterson (Chief Financial Officer)
  • Compensation: $0
  • Related: $279,967
  • Other: $38,000


Official website here: www.hillside.com

Where can I find the form 990 for Hillside Foundation?

Hillside Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hillside.com

Learn more at the official website: www.hillside.com

Mission Statement of Hillside Foundation

The Hillside Foundation was established with a clear mission: to support its tax-exempt affiliate, Hillside Children's Center. This mission is carried out by soliciting, receiving, and maintaining funds exclusively for the benefit of Hillside Children's Center. In essence, the Hillside Foundation serves as a financial backbone, raising funds and managing assets to further the objectives of its affiliate. Through these grants, the Hillside Foundation plays a crucial role in enabling Hillside Children's Center to serve a significant number of families. During the fiscal year ending June 30, 2022, the Hillside Foundation aided its affiliate in assisting 8,963 families. By fulfilling its mission, the Hillside Foundation contributes to the overall well-being of families through its affiliate, Hillside Children's Center.

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Impact




October, 2024

Hillside Foundation plays a pivotal role in enhancing the lives of families in need through strategic fundraising, asset management, and grant distribution. By supporting Hillside Children's Center, the foundation ensures that vital resources are available for their programs. In the fiscal year ending June 30, 2022, this support enabled Hillside Children's Center to serve 8,963 families, providing essential services and interventions that promote well-being and stability. The foundation's commitment to maintaining and growing its funds directly translates into impactful assistance for vulnerable families in Rochester, NY, ultimately fostering a stronger community.




This information is meant to be a general summary of Hillside Foundation. 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
$3,225,115 (2022)
Expenses
$4,360,000 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $750,004
  • Gross Receipts: $4,543,224

Assets and Liabilities:

  • Total Assets: $27,746,990
  • Total Liabilities: $727,026
  • Net Assets: $27,019,964

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Organization Details

Founding Year

1995

Principal Officer

Maria Cristalli

Main Address

1183 MONROE AVENUE, ROCHESTER, NY, 14620

NTEE Category

Code: P120 - Human services

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