Overview
What is New York State Local Government Services Foundation Inc?
New York State Local Government Services Foundation Inc is a nonprofit organization situated in Albany, New York. With a small team of two employees, their primary mission is to assist local governments in the state by managing their property and casualty insurance needs. By acting as an attorney-in-fact, they aim to reduce the costs and expenses associated with providing various insurance programs, thereby providing valuable support to New York's municipalities.
Is New York State Local Government Services Foundation Inc legitimate?
New York State Local Government Services Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York State Local Government Services Foundation 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.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $252,658
For more financial information, click here
Mission Statement of New York State Local Government Services Foundation Inc
New York State Local Government Services Foundation Inc plays a crucial role in assisting municipalities within New York State in managing their property and casualty insurance requirements. Acting as an attorney-in-fact, the foundation helps these local governments reduce the costs and expenses associated with their insurance programs. By performing these duties, the foundation aims to support the provision of essential services by local governments, thereby contributing positively to the communities they serve.
Impact
This information is meant to be a general summary of New York State Local Government Services Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
New York State Local Government Services Foundation Inc plays a crucial role in supporting and assisting local governments in New York State with their property and casualty insurance needs. By acting as the attorney-in-fact for these municipalities, the organization helps reduce the costs and expenses associated with providing insurance programs. This enables local governments to better allocate their resources towards serving their communities and fulfilling their missions. The foundation's work has a direct impact on enhancing the efficiency and effectiveness of local government operations, ultimately benefiting the public through improved services and financial stewardship.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ATTORNEY-IN-FACT
Revenue
$2,048,659
Organization Details
Founding Year
1986
Phone
(518) 465-7933
Principal Officer
Peter Baynes
Main Address
150 STATE STREET, ALBANY, NY, 122071636
NTEE Category
Code: W99 - Public benefit
If you are a representative of New York State Local Government Services Foundation 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.