Overview
What is Bayonne Family Community Center Formerly Bayonne Family Ymca?
The Bayonne Family Community Center, formerly known as Bayonne Family YMCA, is a charitable, community-oriented organization situated in Bayonne, New Jersey. With a focus on building strong communities, it offers affordable single-room housing to men in need. This nonprofit is led by community members and volunteers who share its mission. Additionally, the center offers its facilities for use by other tax-exempt organizations, providing services such as daycare, cheerleading, and religious activities. The organization employs a team of 10 individuals, contributing to the betterment of their local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
The Bayonne Family Community Center has received a respectable three-star rating from Charity Navigator, indicating solid performance in accountability and finance. The organization has a high score of 79, reflecting its commitment to transparency and responsible management of funds. Notably, it boasts a fully independent board, with all 11 members being independent, which strengthens its governance structure.
Strengths of the organization include its robust conflict of interest and whistleblower policies, both of which are in place and listed, ensuring ethical practices. The absence of any material diversion of assets further showcases the nonprofit's integrity. Additionally, a significant 78.12% of expenses are directed towards programs, demonstrating a strong focus on its mission and effective use of resources.
While the organization performs well in many areas, the overall rating suggests there may be room for improvement in certain financial practices or transparency measures to achieve a higher rating. However, the solid scores in board independence and financial management reflect a strong foundation for future growth and impact within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Bayonne Family Community Center Formerly Bayonne Family Ymca legitimate?
Bayonne Family Community Center Formerly Bayonne Family Ymca is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bayonne Family Community Center Formerly Bayonne Family Ymca 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: $89,084
Professional Fundraising Fees: $0
Other Salaries and Wages: $154,815
For more financial information, click here
What is the mission statement of Bayonne Family Community Center Formerly Bayonne Family Ymca?
The Bayonne Family Community Center, formerly known as Bayonne Family YMCA, is a charitable community service organization committed to strengthening communities. Its primary mission is to offer affordable single-room housing for men in need. The center is led by community members and volunteers, who are dedicated to supporting this mission. Additionally, the community center provides space for various tax-exempt organizations offering daycare, cheerleading, and religious services. The center aims to foster a sense of community and support those in need, contributing to the betterment of society.
Who is the CEO of Bayonne Family Community Center Formerly Bayonne Family Ymca?
Fran Lamparello is the President of Bayonne Family Community Center Formerly Bayonne Family Ymca.
What is the revenue of Bayonne Family Community Center Formerly Bayonne Family Ymca?
Bayonne Family Community Center Formerly Bayonne Family Ymca's revenue in 2022 was $719,857.
Who are the executives of Bayonne Family Community Center Formerly Bayonne Family Ymca and what are their salaries?
The average compensation at Bayonne Family Community Center Formerly Bayonne Family Ymca during 2022 was $24,390. There are 10 employees and 10 volunteers at Bayonne Family Community Center Formerly Bayonne Family Ymca.
Here are 5 key members and their salaries:
- Compensation: $89,084
- 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
Where can I find the form 990 for Bayonne Family Community Center Formerly Bayonne Family Ymca?
Bayonne Family Community Center Formerly Bayonne Family Ymca's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bayonne Family Community Center Formerly Bayonne Family Ymca
Bayonne Family Community Center, formerly known as Bayonne Family YMCA, is a charitable organization committed to strengthening communities. Its primary mission is to offer affordable, single-room housing to men in need, demonstrating its dedication to assisting those in distress. The center is led by community members and volunteers who share a passion for supporting the organization's purpose.
In addition to providing housing, Bayonne Family Community Center also offers space for various tax-exempt organizations that offer daycare, cheerleading, and religious services. This aspect of the center's mission allows it to expand its reach and support a broader range of community needs, thereby contributing to the overall well-being of the community. By offering these additional services, the center fosters a sense of unity and cooperation among the different organizations, thereby building a stronger, more cohesive community.
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Impact
October, 2024
The Bayonne Family Community Center, previously known as the Bayonne Family YMCA, plays a crucial role in strengthening the Bayonne community by providing vital housing and support services. It offers affordable single-room accommodations for men in need, addressing a significant gap in affordable housing options. This initiative not only assists individuals in stabilizing their living situations but also fosters a sense of belonging and community among residents.
In addition to housing, the center serves as a collaborative hub for various tax-exempt organizations, creating a space for daycare services, cheerleading activities, and religious gatherings. This multifaceted approach not only enriches the lives of residents but also enhances community engagement and support networks.
Led by dedicated volunteers and community members, the Bayonne Family Community Center embodies a spirit of cooperation and care, working tirelessly to uplift those facing challenging circumstances. Through its comprehensive programs and services, the center significantly contributes to the overall well-being and resilience of the Bayonne community.
This information is meant to be a general summary of Bayonne Family Community Center Formerly Bayonne Family Ymca. 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: $11,544
- Program Service Revenue: $697,222
- Gross Receipts: $719,857
Assets and Liabilities:
- Total Assets: $4,052,076
- Total Liabilities: $792,391
- Net Assets: $3,259,685
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL OF FACILITIES
Revenue
$107,051
RESIDENTAL RENTAL
Revenue
$590,171
Organization Details
Founding Year
1972
Phone
(201) 339-2330Principal Officer
Fran Lamparello
Main Address
259 AVENUE E, BAYONNE, NJ, 07002
NTEE Category
Code: P27Z - Human services
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