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Regional Food Bank Of Northeastern New York Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222470885 ✦ Latham, NY ✦ Designated as a 501(c)(3)

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Overview

What is Regional Food Bank Of Northeastern New York Inc?

The Regional Food Bank of Northeastern New York Inc is a nonprofit organization based in Latham, New York, with a workforce of 150 employees. Their primary mission is to alleviate hunger and prevent food waste by nourishing communities in need. Annually, they distribute over 45 million pounds of food to approximately 1,000 charitable agencies across 23 counties in northeastern New York. These agencies help provide food and meals for people facing hunger. The organization's vision is for all individuals to have access to the nutritious food they need to thrive.


Official website here: www.regionalfoodbank.net

What are the reviews and ratings of this charity?

99% rating from Charity Navigator

The Regional Food Bank of Northeastern New York Inc has achieved an impressive Four-Star out of Four Star rating, reflecting its strong performance in both accountability and finance as well as impact and measurement. With an accountability and finance score of 98 and an impact score of 100, the organization demonstrates a commitment to effective financial management and measurable outcomes in its programs. Their program expense ratio indicates that a significant majority of funds are directed toward their core mission, providing meals to those in need.

User feedback highlights the positive experiences of volunteers, with one reviewer praising the food bank for being welcoming and well-organized, especially for larger groups. The reviewer noted the engaging nature of their volunteer opportunities, which not only serve the community but also involve kids of various ages, fostering a spirit of giving within families and local organizations.

While the organization has received high marks for its financial health and impact, further insight into specific areas of growth or challenges is not documented in the available feedback. Overall, the Regional Food Bank of Northeastern New York Inc is recognized for its effectiveness and community involvement, making it a valuable resource in the region.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Regional Food Bank Of Northeastern New York Inc legitimate?

Regional Food Bank Of Northeastern New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Regional Food Bank Of Northeastern New York 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: $665,174
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,829,637

For more financial information, click here


Official website here: www.regionalfoodbank.net

What is the mission statement of Regional Food Bank Of Northeastern New York Inc?

The Regional Food Bank of Northeastern New York Inc is dedicated to leading a network of partners in tackling hunger and preventing food waste. Their ultimate goal is to ensure all people have access to nutritious food necessary for thriving. Through their efforts, they distribute over 45 million pounds of food annually to more than 1,000 charitable agencies across 23 counties in the northeastern region. These agencies provide food and meals to individuals in need.


Official website here: www.regionalfoodbank.net

Who is the CEO of Regional Food Bank Of Northeastern New York Inc?

Thomas Nardacci is the Director of Regional Food Bank Of Northeastern New York Inc. The CEO's salary of Regional Food Bank Of Northeastern New York Inc is $169,773 and their total compensation is $183,113.


Official website here: www.regionalfoodbank.net

What is the revenue of Regional Food Bank Of Northeastern New York Inc?

Regional Food Bank Of Northeastern New York Inc's revenue in 2022 was $97,549,848.


Official website here: www.regionalfoodbank.net

Who are the executives of Regional Food Bank Of Northeastern New York Inc and what are their salaries?

The average compensation at Regional Food Bank Of Northeastern New York Inc during 2022 was $36,632. There are 150 employees and 18064 volunteers at Regional Food Bank Of Northeastern New York Inc.


Here are 29 key members and their salaries (Regional Food Bank Of Northeastern New York Inc's CEO's salary is $169,773 and their total compensation is $183,113):


Kevin Reilly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Kensky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Lofrumento (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nils Lundberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maryann Mcgeorge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Derosa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Bombardier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Callahan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karla Austen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Glasbergen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andre Turman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Pierce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Hollander (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesse Fetcho (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sohail Khan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael-Aaron Poindexter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carey Alberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Getty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Gunther (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Pollard (Second Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Capone (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Molly Nicol (Chief Executive Officer)
  • Compensation: $169,773
  • Related: $0
  • Other: $13,340
Sr Betsy Van Deusen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Dwyer (Director)
  • Compensation: $99,021
  • Related: $0
  • Other: $13,965
Susan Lintner (Chief Program And Advocacy)
  • Compensation: $108,680
  • Related: $0
  • Other: $7,688
Nicholas Pisani (Chief Operations Officer)
  • Compensation: $103,702
  • Related: $0
  • Other: $19,637
Renee Law (Chief Financial Officer)
  • Compensation: $114,950
  • Related: $0
  • Other: $14,418
Jim Cole (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Wolters (First Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.regionalfoodbank.net

Where can I find the form 990 for Regional Food Bank Of Northeastern New York Inc?

Regional Food Bank Of Northeastern New York Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.regionalfoodbank.net

Learn more at the official website: www.regionalfoodbank.net

Mission Statement of Regional Food Bank Of Northeastern New York Inc

The Regional Food Bank of Northeastern New York Inc is committed to leading a network of partners in addressing the issue of hunger and preventing food waste. Their ultimate goal is to ensure that all individuals in the communities they serve have access to nutritious food, enabling them to thrive. To accomplish this mission, the organization distributes over 45 million pounds of food annually to more than 1,000 charitable agencies across 23 counties in Northeastern New York. These agencies, in turn, provide essential food and meals to those in need. The Regional Food Bank's unwavering vision is to create a world where everyone has access to the nutritious food they require for a healthy and fulfilling life. By collaborating with various partners and channeling resources effectively, the organization is making significant strides in alleviating hunger and making a positive impact on the lives of countless individuals.

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Impact




October, 2024

The Regional Food Bank of Northeastern New York Inc significantly alleviates hunger and combats food waste across 23 counties in the region. By distributing over 45 million pounds of food annually to more than 1,000 charitable agencies, it plays a crucial role in nourishing individuals and families in need. These partner organizations provide essential food and meals, ensuring that vulnerable populations have access to nutritious options. Their efforts contribute to healthier communities, fostering well-being and resilience among those they serve. With a vision that promotes the necessity of nutritious food for all, the Regional Food Bank not only addresses immediate hunger concerns but also works towards long-term solutions for food insecurity.




This information is meant to be a general summary of Regional Food Bank Of Northeastern New York 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.

Revenue
$97,549,848 (2022)
Expenses
$96,478,272 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $681,999
  • Program Service Revenue: $8,549,700
  • Gross Receipts: $100,909,335

Assets and Liabilities:

  • Total Assets: $45,844,688
  • Total Liabilities: $5,032,925
  • Net Assets: $40,811,763

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PURCHASED FOOD SALES

Revenue

$7,679,121

SHARED MAINTENANCE

Revenue

$710,216

OTHER OPERATING REVENUE

Revenue

$160,363

Organization Details

Founding Year

1983

Principal Officer

Thomas Nardacci

Main Address

965 ALBANY-SHAKER ROAD, LATHAM, NY, 12110

NTEE Category

Code: K31Z - Food

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