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The Bergen-Passaic Arc Foundation Inc

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

EIN: 223458399 ✦ Hackensack, NJ ✦ Designated as a 501(c)(3)

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Overview

What is The Bergen-Passaic Arc Foundation Inc?

The Bergen-Passaic Arc Foundation Inc is a charitable organization situated in Hackensack, New Jersey, with a mission to support the programs and services of The Arc of Bergen and Passaic Counties. The foundation's board and fundraising consultant spearhead various initiatives and campaigns to raise funds directly for The Arc, contributing to initiatives such as generating power sources for their residential homes and covering operational costs for their programs. The foundation's primary objective is to promote and advance the health, education, recreation, and general welfare of individuals with developmental disabilities, receiving, managing, and investing funds and donations for this purpose.

Is The Bergen-Passaic Arc Foundation Inc legitimate?

The Bergen-Passaic Arc Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bergen-Passaic Arc Foundation 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: $46,248
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Bergen-Passaic Arc Foundation Inc?

The Bergen-Passaic Arc Foundation Inc's mission is centered around promoting and enhancing the health, education, recreation, and overall well-being of individuals with developmental disabilities. The foundation receives, administers, and invests funds, gifts, and bequests intended for this purpose. The disbursement of these funds is utilized to further advance the health, education, recreation, and general welfare of those with developmental disabilities. The organization's activities aim to provide support and resources that empower these individuals to live fulfilling lives.

Who is the CEO of The Bergen-Passaic Arc Foundation Inc?

Andrew Gatto is the Chairperson of The Bergen-Passaic Arc Foundation Inc.

What is the revenue of The Bergen-Passaic Arc Foundation Inc?

The Bergen-Passaic Arc Foundation Inc's revenue in 2022 was $36,046.

Who are the executives of The Bergen-Passaic Arc Foundation Inc and what are their salaries?

There 11 volunteers at The Bergen-Passaic Arc Foundation Inc.


Here are 13 key members and their salaries:


Andrew Gatto (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
G Thomas Croonquist (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Collins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James E Seath (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aj Khubani (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Gorab (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Mastrangelo Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Hanson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Amit Datwani (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Kay Stratis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Baretz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Walsh (Secretary)
  • Compensation: $0
  • Related: $120,461
  • Other: $20,064
Catherine Pescatore (Treasurer)
  • Compensation: $0
  • Related: $87,888
  • Other: $18,455
Where can I find the form 990 for The Bergen-Passaic Arc Foundation Inc?

The Bergen-Passaic Arc Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Bergen-Passaic Arc Foundation Inc

The Bergen-Passaic Arc Foundation Inc is dedicated to promoting and enhancing the overall well-being of individuals with developmental disabilities. This mission is accomplished through the administration of funds, gifts, and bequeaths, which are received and invested by the organization. The primary objective is to utilize these resources for the advancement of health, education, recreation, and general welfare for these individuals. The foundation disburses both the principal and income from these funds to further its mission, thereby making a significant impact on the lives of those with developmental disabilities.

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Impact




August, 2024

The Bergen-Passaic Arc Foundation Inc plays a crucial role in supporting the programs and services of the Arc of Bergen and Passaic Counties. Through fundraising initiatives and campaigns, the foundation raises funds to benefit developmentally disabled individuals in the community. This includes supporting critical needs such as providing generators for residential homes and assisting with the operational costs of essential programs and services. By mobilizing resources and financial support, the foundation contributes directly to the promotion and advancement of the health, education, recreation, and general welfare of individuals with developmental disabilities in Bergen and Passaic Counties.




This information is meant to be a general summary of The Bergen-Passaic Arc 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
$36,046 (2022)
Expenses
$52,898 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8
  • Gross Receipts: $36,046

Assets and Liabilities:

  • Total Assets: $2,037,655
  • Total Liabilities: $8,820
  • Net Assets: $2,028,835

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Organization Details

Founding Year

1996

Principal Officer

Andrew Gatto

Main Address

223 MOORE STREET, HACKENSACK, NJ, 07013

NTEE Category

Code: P82 - Human services

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