Overview
What is Mount St Mary's Hospital Child Care Center?
Mount St. Mary's Hospital Child Care Center is a licensed facility situated at 144 Genesee Street, Buffalo, New York. Overseen by the Department of Social Services Office of Children and Families, this nonprofit organization offers an educational program for children. The center provides supervised activities, focusing on reading readiness, mathematics, science, music, art, and the development of both large and small motor skills. Their mission is to support working parents, mainly those employed at Mount St. Mary's Hospital, by offering quality childcare services for the Niagara Frontier Community. The center operates an average of approximately 230 billable days per month.
Official website here: www.msmdaycare.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%
Mount St Mary's Hospital Child Care Center has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting its strong accountability and financial health. With a perfect score for independent board members and oversight practices, the organization demonstrates a commitment to transparency and ethical governance.
The financial management of the center is commendable, with a significant program expense ratio of 89.91%, indicating that the vast majority of its funds are directed towards its mission-oriented programs. Additionally, the low liabilities to assets ratio of 49.68% suggests a solid financial footing, reducing the risk of financial distress.
Overall, the charity has robust policies in place, including conflict of interest and whistleblower policies, which enhance its credibility. While the evaluation highlights several strengths, ongoing monitoring of financial and operational performance will be essential to maintain these high standards of accountability and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Mount St Mary's Hospital Child Care Center legitimate?
Mount St Mary's Hospital Child Care Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount St Mary's Hospital Child Care Center 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:
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Other Salaries and Wages: $480,453
For more financial information, click here
Official website here: www.msmdaycare.org
What is the mission statement of Mount St Mary's Hospital Child Care Center?
The Mount St. Mary's Hospital Child Care Center's mission is centered around providing an educational program. This is accomplished through a team of qualified teachers and caregivers. The primary objective of this service is twofold: firstly, to facilitate employment opportunities for parents who work at Mount St. Mary's Hospital, a tax-exempt organization. Secondly, the center aims to offer high-quality care to the broader Niagara Frontier Community. This mission is instrumental in ensuring that parents can balance their professional responsibilities while ensuring their children receive appropriate care and education.
Official website here: www.msmdaycare.org
Who is the CEO of Mount St Mary's Hospital Child Care Center?
James Ieraci is the Chair of Mount St Mary's Hospital Child Care Center.
Official website here: www.msmdaycare.org
What is the revenue of Mount St Mary's Hospital Child Care Center?
Mount St Mary's Hospital Child Care Center's revenue in 2022 was $580,993.
Official website here: www.msmdaycare.org
Who are the executives of Mount St Mary's Hospital Child Care Center and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.msmdaycare.org
Where can I find the form 990 for Mount St Mary's Hospital Child Care Center?
Mount St Mary's Hospital Child Care Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.msmdaycare.org
Learn more at the official website: www.msmdaycare.org
Mission Statement of Mount St Mary's Hospital Child Care Center
Mount St Mary's Hospital Child Care Center is dedicated to fulfilling a mission that primarily focuses on education. This mission is carried out by a team of qualified teachers and caregivers. The center's primary objective is to facilitate the employment of parents who work at Mount St. Mary's Hospital, an affiliated tax-exempt organization, while ensuring high-quality care for the Niagara Frontier Community as a whole. In essence, the mission of Mount St Mary's Hospital Child Care Center is to serve as an educational facility that enables working parents to contribute to their careers, all while providing top-notch care to the larger community.
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Impact
July, 2024
Mount St. Mary's Hospital Child Care Center provides essential childcare services to enable parents who are employees of Mount St. Mary's Hospital to remain employed while ensuring their children receive quality care. By offering a structured educational program with qualified teachers and caregivers, the center plays a crucial role in supporting working families within the Niagara Frontier Community. Through activities focused on academic, social, and motor skill development, the center contributes to the overall well-being and development of the children in its care, fostering a positive impact on both the families and the community as a whole.
This information is meant to be a general summary of Mount St Mary's Hospital Child Care Center. 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.
- Program Service Revenue: $580,993
- Gross Receipts: $580,993
Assets and Liabilities:
- Total Assets: $807,790
- Total Liabilities: $401,341
- Net Assets: $406,449
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition/Enrollment Fee
Revenue
$580,993
Organization Details
Founding Year
1988
Phone
(716) 923-2968Principal Officer
James Ieraci
Main Address
144 Genesee Street, Buffalo, NY, 14203
Website
www.msmdaycare.orgNTEE Category
Code: B99 - Education
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