Overview
What is Fort Hudson Foundation Corp?
Fort Hudson Foundation Corp is a nonprofit organization situated in Fort Edward, New York. Its primary objective is to gather and manage donations, subscriptions, gifts, bequests, grants, and other funds for its purpose. The foundation also assists and sponsors programs that cater to the social, health, and welfare needs of individuals. It mobilizes community leaders, including experts in finance, corporate management, trusts, insurance, real estate, and law, to coordinate efforts in these fields. By serving as a focal point for philanthropic support, the foundation stimulates various sources of revenue and ensures their effective management.
Official website here: www.forthudson.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (57%)
Fort Hudson Foundation Corp has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial practices and overall accountability. The charity's score is based entirely on its Accountability & Finance metrics, where it scored 57%. This score reflects a serious issue with the ratio of program expenses, highlighting that only 15.44% of its budget is being allocated toward its mission-related programs.
While the organization has strengths in governance, such as having a fully independent board and policies for conflict of interest and whistleblowing, these factors have not compensated for its financial shortcomings. The charity has no material diversion of assets, which shows some positive aspects of its operational integrity, but the low program expense ratio raises questions about its effectiveness in fulfilling its charitable purpose.
In summary, despite solid governance practices, the low allocation of funds towards program expenses suggests that Fort Hudson Foundation Corp may not be utilizing its resources effectively to serve its mission. Potential donors and stakeholders should consider these financial metrics seriously when evaluating the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Fort Hudson Foundation Corp legitimate?
Fort Hudson Foundation Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fort Hudson Foundation Corp 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
Official website here: www.forthudson.com
What is the mission statement of Fort Hudson Foundation Corp?
The Fort Hudson Foundation Corp's mission is to collect and manage donations, subscriptions, and other funds to assist and sponsor programs addressing social, health, and welfare needs. The organization aims to mobilize and coordinate community leaders, including those with expertise in finance, corporate management, trusts, insurance, real estate, and law, to stimulate philanthropic support. They provide a focal point for charitable contributions and manage these funds effectively. The foundation serves as a recipient for various revenue sources such as bequests and charitable trusts, aiming to improve community involvement and participation in these fields.
Official website here: www.forthudson.com
Who is the CEO of Fort Hudson Foundation Corp?
Andrew Cruikshank is the Ceo of Fort Hudson Foundation Corp. The CEO's salary of Fort Hudson Foundation Corp is $0 and their total compensation is $465,718.
Official website here: www.forthudson.com
What is the revenue of Fort Hudson Foundation Corp?
Fort Hudson Foundation Corp's revenue in 2022 was $62,106.
Official website here: www.forthudson.com
Who are the executives of Fort Hudson Foundation Corp and what are their salaries?
There 12 volunteers at Fort Hudson Foundation Corp.
Here are 14 key members and their salaries (Fort Hudson Foundation Corp's CEO's salary is $0 and their total compensation is $465,718):
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- Related: $363,615
- Other: $102,103
- Compensation: $0
- Related: $210,304
- Other: $59,053
Official website here: www.forthudson.com
Where can I find the form 990 for Fort Hudson Foundation Corp?
Fort Hudson Foundation Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.forthudson.com
Learn more at the official website: www.forthudson.com
Mission Statement of Fort Hudson Foundation Corp
Fort Hudson Foundation Corp plays a crucial role in soliciting, collecting, and distributing funds to support programs addressing the social, health, and welfare needs of individuals. The organization's mission is to act as a focal point and recipient for philanthropic support, stimulating sources of revenue such as bequests and charitable trusts. Moreover, Fort Hudson Foundation Corp aims to mobilize and coordinate the efforts of community leaders, including experts in fields like finance, corporate management, trusts, insurance, real estate, and law. By providing a centralized platform, the nonprofit encourages the effective management of these funds, ultimately contributing to the betterment of the communities they serve.
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Impact
August, 2024
Fort Hudson Foundation Corp plays a vital role in addressing the social, health, and welfare needs of individuals by mobilizing community leaders and resources towards these important causes. Through its mission to assist and sponsor programs that focus on these critical areas, the foundation works to develop and expand community involvement and participation in enhancing the well-being of individuals. By serving as a focal point for philanthropic support and effectively managing donations, grants, and other funds, Fort Hudson Foundation Corp makes a significant impact in improving the quality of life for those in need.
This information is meant to be a general summary of Fort Hudson Foundation Corp. 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.
- Gross Receipts: $62,106
Assets and Liabilities:
- Total Assets: $171,628
- Total Liabilities: $1,623
- Net Assets: $170,005
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Organization Details
Founding Year
1999
Phone
(518) 747-2811Principal Officer
Andrew Cruikshank
Main Address
319 BROADWAY, FORT EDWARD, NY, 12828
Website
www.forthudson.comNTEE Category
Code: E99 - Health
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