Overview
What is The Office For Aging Foundation Of Mohawk Valley Inc?
The Office For Aging Foundation Of Mohawk Valley Inc is a charitable organization, situated in Amsterdam, New York, specifically at 135 Guy Park Avenue. Its primary purpose is to raise funds for the Montgomery County Office For Aging, Inc. This foundation is dedicated to supporting the work and initiatives of the Montgomery County Office For Aging, ensuring that essential services continue to be available for the elderly population in the county.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Stars
The Office For Aging Foundation Of Mohawk Valley Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial performance and accountability. While the organization boasts a perfect score for independent board members and strong governance policies, its overall performance is undermined by a low program expense ratio and a poor liabilities to assets ratio.
Strengths of the organization include a fully independent board and a solid conflict of interest policy, both of which contribute to transparency and sound governance practices. The foundation has also taken steps to ensure proper documentation and retention, which reflects positively on its operational integrity. However, these strengths are not enough to offset the financial metrics that raise red flags for potential donors and stakeholders.
One of the notable limitations is the program expense ratio, which stands at 47.48%, suggesting that less than half of the foundation's spending is directed toward its programs. Additionally, the liabilities to assets ratio is critically low at 0.05%, indicating potential financial instability. These issues may limit the organization's effectiveness and sustainability, prompting a need for increased focus on improving its financial health and programmatic impact.
This AI summary has been generated from information found on Charity Navigator.
Is The Office For Aging Foundation Of Mohawk Valley Inc legitimate?
The Office For Aging Foundation Of Mohawk Valley Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Office For Aging Foundation Of Mohawk Valley 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: $0
For more financial information, click here
What is the mission statement of The Office For Aging Foundation Of Mohawk Valley Inc?
The Office For Aging Foundation Of Mohawk Valley Inc is committed to raising funds for the Montgomery County Office For Aging, Inc. This foundation's mission is centered around providing financial support to ensure the continuation and enhancement of services offered by the Montgomery County Office For Aging, Inc. By successfully raising funds, the foundation aims to contribute to the well-being and independence of senior citizens in the community. The funds raised are utilized to support various programs and services offered by the Montgomery County Office For Aging, Inc., thereby enriching the lives of the elderly population.
Who is the CEO of The Office For Aging Foundation Of Mohawk Valley Inc?
David Jordan is the President of The Office For Aging Foundation Of Mohawk Valley Inc.
What is the revenue of The Office For Aging Foundation Of Mohawk Valley Inc?
The Office For Aging Foundation Of Mohawk Valley Inc's revenue in 2023 was $2,252.
Who are the executives of The Office For Aging Foundation Of Mohawk Valley Inc and what are their salaries?
There 10 volunteers at The Office For Aging Foundation Of Mohawk Valley Inc.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $77,047
- Other: $11,385
Where can I find the form 990 for The Office For Aging Foundation Of Mohawk Valley Inc?
The Office For Aging Foundation Of Mohawk Valley Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Office For Aging Foundation Of Mohawk Valley Inc
The Office For Aging Foundation Of Mohawk Valley Inc is a dedicated organization with a mission to raise funds for the Montgomery County Office For Aging, Inc. Their primary role is to support the latter in its efforts to promote the well-being and independence of elderly individuals in the county. By engagement in fundraising activities, The Office For Aging Foundation Of Mohawk Valley Inc contributes significantly to enhancing the services and resources provided by the Montgomery County Office For Aging, Inc., thereby improving the quality of life for seniors in the area.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Office For Aging Foundation of Mohawk Valley Inc plays a crucial role in supporting the Montgomery County Office for Aging through dedicated fundraising efforts. By generating financial resources, it helps enhance services and programs designed to assist aging populations in the region. This support contributes to improved access to essential services, promoting the well-being and quality of life for older adults in Montgomery County. The foundation's commitment to human services ensures that seniors receive the attention and care they need, fostering a sense of community and enhancing their overall life experience. Through its fundraising initiatives, the foundation directly impacts the availability and effectiveness of vital aging support services.
This information is meant to be a general summary of The Office For Aging Foundation Of Mohawk Valley 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 2023.
- Investment Income: -$37,676
- Gross Receipts: $2,052,593
Assets and Liabilities:
- Total Assets: $2,186,291
- Total Liabilities: $1,120
- Net Assets: $2,185,171
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2004
Phone
(518) 843-2300Principal Officer
David Jordan
Main Address
135 GUY PARK AVENUE, AMSTERDAM, NY, 12010
NTEE Category
Code: P118 - Human services
If you are a representative of The Office For Aging Foundation Of Mohawk Valley 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.