Overview
What is St Josephs Center Foundation?
St. Joseph's Center Foundation is a nonprofit organization established by the Congregation of Sisters, Servants of the Immaculate Heart of Mary, based in Scranton, Pennsylvania. The foundation's primary purpose is to support St. Joseph's Center, another non-profit institution founded by the same congregation. It raises funds and manages resources to contribute to the purchase of various capital projects or items, such as the construction of the New CLA home. The foundation's activities aim to benefit St. Joseph's Center, providing essential support to its operations and growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% - Four-Star out of Four Star Rating
St Josephs Center Foundation has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization achieved a perfect score in several key areas, including having an entirely independent board and effective financial oversight mechanisms. These ratings highlight the foundation's commitment to maintaining transparency and integrity in its operations.
The foundation's fiscal responsibility is underscored by an impressive program expense ratio of 72.81%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the organization demonstrates exceptional fundraising efficiency, spending only $0.13 to raise a dollar, which showcases its capability to maximize resources effectively.
While the organization has received high marks in all evaluated areas, it is essential for potential donors to consider that the rating is based solely on accountability and finance. Thus, individuals may want to research further aspects such as impact and community engagement to gain a more comprehensive understanding of the foundation's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is St Josephs Center Foundation legitimate?
St Josephs Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Josephs Center Foundation 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: $194,874
For more financial information, click here
What is the mission statement of St Josephs Center Foundation?
The St. Joseph's Center Foundation was established with the purpose of supporting St. Joseph's Center, a non-profit institution. This foundation collects, holds, and distributes funds or property to benefit the center. Its primary objective is to aid in the acquisition of various capital items or projects for St. Joseph's Center, such as the New CLA home, through contributions made to its Capital Improvement fund. In essence, the St. Joseph's Center Foundation serves as a benefactor, contributing to the growth and development of St. Joseph's Center.
Who is the CEO of St Josephs Center Foundation?
Sister Maryalice Jacquinot is the Principal Officer of St Josephs Center Foundation.
What is the revenue of St Josephs Center Foundation?
St Josephs Center Foundation's revenue in 2022 was $3,335,530.
Who are the executives of St Josephs Center Foundation and what are their salaries?
There 122 volunteers at St Josephs Center Foundation.
Here are 14 key members and their salaries:
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Where can I find the form 990 for St Josephs Center Foundation?
St Josephs Center Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Josephs Center Foundation
St. Joseph's Center Foundation was established by influential members of the Congregation of Sisters, Servants of the Immaculate Heart of Mary, with the primary objective of supporting St. Joseph's Center, another non-profit institution founded by the same congregation. The foundation's mission is to raise, manage, and disburse funds and resources for the betterment of St. Joseph's Center. This could involve procuring various capital items or projects, such as the construction of new facilities, through contributions made to the St. Joseph's Center Capital Improvement fund. The foundation's role is instrumental in enhancing the capabilities and infrastructure of St. Joseph's Center, thereby contributing to its overall mission and objectives.
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Impact
October, 2024
St. Joseph's Center Foundation has made a significant impact in the Scranton community by enhancing the quality of life for individuals in need. Through the solicitation and management of contributions, the Foundation has directly supported various capital improvement projects, including the purchase of essential items and the development of the New CLA home. This endeavor not only addresses immediate needs but also fosters a supportive environment for those served by St. Joseph's Center. The Foundation’s initiatives promote human services and provide a vital lifeline to vulnerable populations, ensuring they have access to the resources and support necessary for their well-being and development.
This information is meant to be a general summary of St Josephs Center Foundation. 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: $1,655,681
- Gross Receipts: $3,830,997
Assets and Liabilities:
- Total Assets: $41,110,129
- Total Liabilities: $133,462
- Net Assets: $40,976,667
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Organization Details
Founding Year
1983
Phone
(570) 342-8379Principal Officer
Sister Maryalice Jacquinot
Main Address
2010 ADAMS AVENUE, SCRANTON, PA, 18509
NTEE Category
Code: P110 - Human services
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