Overview
What is Swiss Benevolent Society Of Phila?
The Swiss Benevolent Society of Phila is a nonprofit organization, situated in Newtown, Pennsylvania, with the mission of supporting needy Swiss families and individuals. They provide assistance with rent and general living expenses, such as food. In addition, the society extends its support to other non-profit organizations, whenever their financial capabilities allow. Furthermore, they administer a Merit Scholarship Fund to aid students of Swiss descent, overseen by the SBS-NY branch. The organization's primary objective is to promote the well-being and welfare of the Swiss community in the area, ensuring they have the necessary resources to thrive.
Official website here: www.sbsphiladelphia.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
The Swiss Benevolent Society Of Philadelphia has received a Three-Star rating from Charity Navigator, indicating a well-functioning organization with solid accountability and financial management. The rating is based entirely on their performance in the Accountability & Finance category, where they scored an impressive 83%. This score reflects the charity's commitment to transparency and responsible financial practices.
A notable strength of the organization is its governance structure, with 100% of board members being independent, ensuring unbiased decision-making. The charity has also demonstrated strong financial health, with a program expense ratio of 95.14%, meaning that the majority of its funds directly support its programs rather than administrative costs. This focus on program-related spending is a positive indicator of the charity’s mission-oriented approach.
However, there are some areas for improvement. While the organization has established many strong policies, it is lacking in its whistleblower policy, which could enhance its transparency and trustworthiness. Overall, the Swiss Benevolent Society Of Philadelphia appears to be a reliable nonprofit dedicated to its cause, albeit with room for further development in governance policies.
This AI summary has been generated from information found on Charity Navigator.
Is Swiss Benevolent Society Of Phila legitimate?
Swiss Benevolent Society Of Phila is a legitimate nonprofit organization registered as a 501(c)(3) entity. Swiss Benevolent Society Of Phila 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:
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Official website here: www.sbsphiladelphia.org
What is the mission statement of Swiss Benevolent Society Of Phila?
The Swiss Benevolent Society of Phila's mission is centered around providing support to needy Swiss families and individuals. They also extend their aid to other non-profit organizations, as their financial resources permit. Furthermore, they manage the Merit Scholarship Fund, which offers educational grants to students of Swiss descent. This fund is overseen by the SBS-NY branch. The society provides vital assistance to Swiss families, helping cover expenses such as rent and daily living necessities like food.
Official website here: www.sbsphiladelphia.org
Who is the CEO of Swiss Benevolent Society Of Phila?
Dolf Herger is the President of Swiss Benevolent Society Of Phila.
Official website here: www.sbsphiladelphia.org
What is the revenue of Swiss Benevolent Society Of Phila?
Swiss Benevolent Society Of Phila's revenue in 2022 was $48,102.
Official website here: www.sbsphiladelphia.org
Who are the executives of Swiss Benevolent Society Of Phila and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.sbsphiladelphia.org
Where can I find the form 990 for Swiss Benevolent Society Of Phila?
Swiss Benevolent Society Of Phila's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sbsphiladelphia.org
Learn more at the official website: www.sbsphiladelphia.org
Mission Statement of Swiss Benevolent Society Of Phila
The Swiss Benevolent Society of Phila, as a non-profit organization, is committed to providing aid to needy Swiss families and individuals. Its mission encompasses two key areas: offering support to those in financial distress and providing scholarships to students of Swiss descent. The society accomplishes this through various means, including offering financial assistance for housing expenses and daily necessities like food. Furthermore, the organization extends its support to other non-profit organizations, distributing funds whenever its finances permit. The Merit Scholarship Fund, administered by the SBS-NY, is a notable initiative that provides educational scholarships to students of Swiss descent.
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Impact
August, 2024
The Swiss Benevolent Society Of Phila has a significant impact on supporting needy Swiss families and individuals in Newtown, PA. They provide assistance for rent and general living expenses such as food, helping these families maintain stable living conditions. Additionally, the society's Merit Scholarship Fund grants scholarships to students of Swiss descent, contributing to the educational advancement of the community. The society also extends its support to other non-profit organizations as finances allow, thereby promoting public safety and well-being in the region.
This information is meant to be a general summary of Swiss Benevolent Society Of Phila. 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: $35,881
- Gross Receipts: $215,924
Assets and Liabilities:
- Total Assets: $380,158
- Total Liabilities: $0
- Net Assets: $380,158
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Organization Details
Founding Year
1860
Phone
(215) 968-1873Principal Officer
Dolf Herger
Main Address
142 Commonwealth Drive, Newtown, PA, 18940
Website
www.sbsphiladelphia.orgNTEE Category
Code: M60 - Public safety
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