Overview
What is Jack Falvo Iii Foundation Of Schenectady Inc?
The Jack Falvo III Foundation of Schenectady Inc is a nonprofit organization based in Gansevoort, New York. They operate a hospitality house named Jack's Place, which provides temporary accommodation for families of children undergoing medical treatment, often requiring them to travel away from their hometowns. This facility, located at 17 Rosa Road in Schenectady, underwent renovations and expansion in 2017. Jack's Place accommodated 71 families and 139 individuals, hailing from 4 states and 3 countries, during 2022. The average stay at the facility is 20 nights, with an average occupancy of 4 out of 8 available rooms. The foundation's objective is to offer a home-like environment for the families of patients receiving treatment at Sunnyview Rehabilitation Hospital, Ellis Hospital, and other medical facilities in the Schenectady area. The organization is staffed by a small team of 2 individuals.
Official website here: www.jackfalvoiiifoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Star rating)
The Jack Falvo III Foundation of Schenectady Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. This rating is derived entirely from their performance in the Accountability & Finance beacon, highlighting their commitment to maintaining transparency and responsible financial practices in their operations.
Strengths of the foundation include an entirely independent board of 11 members, which scored full points for both independent board member presence and size. Additionally, the foundation has demonstrated strong management of assets with a 0.00% liabilities to assets ratio, and they report a program expense ratio of 66.13%, indicating a significant portion of their funds goes directly towards their programmatic activities.
However, there are some noted limitations, particularly in their governance policies; the foundation is missing a whistleblower policy and a document retention and destruction policy, which could be areas for improvement. Overall, while the foundation shows strong organizational strengths, addressing these gaps could enhance their accountability further.
This AI summary has been generated from information found on Charity Navigator.
Is Jack Falvo Iii Foundation Of Schenectady Inc legitimate?
Jack Falvo Iii Foundation Of Schenectady Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jack Falvo Iii Foundation Of Schenectady 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: $23,634
For more financial information, click here
Official website here: www.jackfalvoiiifoundation.com
What is the mission statement of Jack Falvo Iii Foundation Of Schenectady Inc?
The Jack Falvo III Foundation of Schenectady Inc operates a facility known as Jack's Place, which provides temporary housing to families of children undergoing medical treatment outside their own community. The primary goal of Jack's Place is to offer a home-like environment for the families of patients receiving rehabilitation at facilities such as Ellis Medicine and Sunnyview Rehabilitation Hospital. The foundation acquired a property on Rosa Road in Schenectady, New York in 2013 and completed renovations in 2017. Jack's Place started accommodating families in March 2017, providing shelter for families of patients from various states and countries. During 2022, the facility housed families of 71 patients and 139 individuals, with an average stay of 20 nights and an average occupancy of 4 out of 8 rooms. The foundation's mission can be summarized as providing temporary housing and support for families of children undergoing medical treatment, allowing them to focus on their child's recovery.
Official website here: www.jackfalvoiiifoundation.com
Who is the CEO of Jack Falvo Iii Foundation Of Schenectady Inc?
John Falvo is the Secretary of Jack Falvo Iii Foundation Of Schenectady Inc.
Official website here: www.jackfalvoiiifoundation.com
What is the revenue of Jack Falvo Iii Foundation Of Schenectady Inc?
Jack Falvo Iii Foundation Of Schenectady Inc's revenue in 2022 was $126,869.
Official website here: www.jackfalvoiiifoundation.com
Who are the executives of Jack Falvo Iii Foundation Of Schenectady Inc and what are their salaries?
The average compensation at Jack Falvo Iii Foundation Of Schenectady Inc during 2022 was $11,817. There are 2 employees and 30 volunteers at Jack Falvo Iii Foundation Of Schenectady Inc.
Here are 11 key members and their salaries:
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Official website here: www.jackfalvoiiifoundation.com
Where can I find the form 990 for Jack Falvo Iii Foundation Of Schenectady Inc?
Jack Falvo Iii Foundation Of Schenectady Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jackfalvoiiifoundation.com
Learn more at the official website: www.jackfalvoiiifoundation.com
Mission Statement of Jack Falvo Iii Foundation Of Schenectady Inc
The Jack Falvo III Foundation of Schenectady, Inc., a notable nonprofit organization, operates a facility known as Jack's Place. The primary mission of this foundation is to provide temporary housing for families whose children are receiving medical treatment at various hospitals in the Schenectady, New York area. Jack's Place serves as a home away from home for these families, offering them a place to stay while their loved ones undergo rehabilitation at institutions such as Sunnyview Rehabilitation Hospital and Ellis Hospital.
The objective of Jack Falvo III Foundation of Schenectady, Inc. is to alleviate the burden of long-term stays in unfamiliar cities for families whose children require medical attention. By providing a comfortable and supportive environment, the foundation aims to help these families navigate the challenging period of their child's rehabilitation. The foundation's commitment to supporting these families extends beyond temporary housing, as it also strives to create a sense of community and provide resources to help families during their stay.
In 2013, the Jack Falvo III Foundation of Schenectady, Inc. purchased a property located at 17 Rosa Road in Schenectady, New York. After renovations and an addition, the facility was completed in January 2017, and the foundation began accommodating families of out-of-town patients in March of the same year. During 2022, Jack's Place housed families of 71 patients and 139 individuals, with individuals staying for an average of 20 nights. Families hailed from four U.S. states and three countries, demonstrating the foundation's reach and commitment to supporting families in need.
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Impact
October, 2024
The Jack Falvo III Foundation of Schenectady Inc. significantly enhances the lives of families navigating the challenges of seeking medical care for their children. Through Jack's Place, a well-equipped hospitality house, the Foundation provides temporary accommodations for families whose children require rehabilitation away from home. This facility serves as a crucial resource for families coming from various regions, ensuring they have a safe and supportive environment during stressful times.
In 2022 alone, Jack's Place welcomed families of 71 patients, housing 139 individuals from four states and three countries. The typical stay of around 20 nights allows families to remain close to their loved ones undergoing treatment at local medical facilities, such as Ellis Hospital and Sunnyview Rehabilitation Hospital. With eight rooms available, the average occupancy underscores the house's role as a vital refuge for families in need.
By alleviating the burden of finding housing during such critical moments, the Foundation fosters a sense of community and support, allowing families to focus on what truly matters: the health and recovery of their children. The impact of Jack's Place extends beyond mere accommodation; it embodies compassion and solidarity in times of distress.
This information is meant to be a general summary of Jack Falvo Iii Foundation Of Schenectady 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 2022.
- Investment Income: $472
- Gross Receipts: $162,423
Assets and Liabilities:
- Total Assets: $868,978
- Total Liabilities: $0
- Net Assets: $868,978
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Organization Details
Founding Year
2006
Phone
(518) 583-0540Principal Officer
John Falvo
Main Address
12 STONEHEDGE DR, GANSEVOORT, NY, 12831
NTEE Category
Code: E86 - Health
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