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Deposit Foundation Inc

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

EIN: 223073647 ✦ Deposit, NY ✦ Designated as a 501(c)(3)

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Overview

What is Deposit Foundation Inc?

Deposit Foundation Inc is a nonprofit organization situated in Deposit, New York, dedicated to enhancing the lives of its local residents. Through its Friendship Program, the foundation offers a range of support services focusing on personal health and well-being. These services encompass physical and mental health concerns, as well as workshops aimed at improving life skills. Previously, Deposit Foundation Inc also operated a Transportation Program, providing rides for senior citizens and other residents to attend their medical or legal appointments. However, this service was discontinued in October 2022. The foundation's mission remains committed to connecting Deposit residents with essential health and human services.


Official website here: www.depositfoundation.com

Is Deposit Foundation Inc legitimate?

Deposit Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Deposit Foundation Inc submitted a form 990EZ, 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.


Official website here: www.depositfoundation.com

What is the mission statement of Deposit Foundation Inc?

The Deposit Foundation's mission is centered around providing essential connections for individuals in need, enabling them to access various health and human services. This is achieved through their Friendship Program, which offers a range of support services catering to personal health and well-being, including physical and mental health, as well as life skills workshops. Previously, the foundation also operated a Transportation Program, offering rides for senior citizens and other residents to attend their medical or legal appointments. However, this service was discontinued in October 2022.


Official website here: www.depositfoundation.com

Who is the CEO of Deposit Foundation Inc?

Debra Arnold is the Executive Director of Deposit Foundation Inc.


Official website here: www.depositfoundation.com

What is the revenue of Deposit Foundation Inc?

Deposit Foundation Inc's revenue in 2022 was $43,691.


Official website here: www.depositfoundation.com

Who are the executives of Deposit Foundation Inc and what are their salaries?


Here are 7 key members and their salaries:


Betty Reynolds (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen Rehberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phoebe Carson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Musante (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Lloyd (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Budine (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Arnold (Executive Director)
  • Compensation: $17,058
  • Related: $0
  • Other: $0


Official website here: www.depositfoundation.com

Where can I find the form 990EZ for Deposit Foundation Inc?

Deposit Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.depositfoundation.com

Learn more at the official website: www.depositfoundation.com

Mission Statement of Deposit Foundation Inc

The Deposit Foundation, in its mission, aims to establish vital links for the residents of Deposit, New York, enabling them to avail of necessary health and human services. This is accomplished through the organization's Friendship Program. This program offers a multitude of support services, focusing on enhancing personal health and well-being. These services encompass both physical and mental health concerns, as well as workshops designed to improve essential life skills.

In the past, the Deposit Foundation had an additional initiative called the Transportation Program. This program provided rides for senior citizens and other residents of Deposit, ensuring they could attend their medical or legal appointments with ease. However, this service was discontinued in October 2022. Despite the suspension of the Transportation Program, the Deposit Foundation continues to fulfill its mission by offering the Friendship Program's comprehensive support services.

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Impact




August, 2024

Deposit Foundation Inc's impact is significant in providing essential connections for residents of Deposit, New York to access health and human services through its Friendship Program. This program offers a variety of support services for personal health and well-being, including physical and mental health services, as well as workshops for life skills. In addition, the foundation previously provided transportation for senior citizens and other residents to access medical or legal appointments through its Transportation Program. The foundation's work in facilitating access to vital services contributes greatly to the overall well-being and quality of life for the community members in Deposit.




This information is meant to be a general summary of Deposit Foundation 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
$43,691 (2022)
Expenses
$70,803 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,736
  • Program Service Revenue: $74
  • Gross Receipts: $43,691

Assets and Liabilities:

  • Total Assets: $86,889
  • Total Liabilities: $0
  • Net Assets: $86,889

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Organization Details

Principal Officer

Debra Arnold

Main Address

146 FRONT ST 102, DEPOSIT, NY, 13754

NTEE Category

Code: L80Z - Housing

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