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Unionport Foundation Inc

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

EIN: 237084191 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

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Overview

What is Unionport Foundation Inc?

Unionport Foundation Inc, located in Bronx, New York, is a nonprofit organization with a dedicated team of three individuals. The foundation's primary focus is to support various activities, including healthcare, charitable endeavors, scientific research, literary initiatives, and educational programs. Although the information provided does not specify the extent of their reach or the specific projects they undertake, it is clear that Unionport Foundation Inc is committed to contributing to these sectors in some capacity.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 39%, Zero-Star out of Four Star rating.

Unionport Foundation Inc has received a low score of 39%, which signifies significant concerns about its financial transparency and accountability. The organization scored particularly well in governance aspects, with 71% of its board being independent and the presence of important policies such as Conflict of Interest and Whistleblower protections. However, the lack of financial statements and missing essential documentation on its website considerably impacted its overall score.

While the organization demonstrates strengths in governance and accountability policies, it has glaring limitations surrounding financial reporting. The absence of financial statements and program expense ratios indicates a lack of transparency regarding its financial health and operational effectiveness. As a result, potential donors may find it challenging to assess the organization's impact and efficiency in its operations.

Overall, Unionport Foundation Inc may have strong governance practices, but the severe shortcomings in financial documentation and transparency raise significant concerns that may deter potential supporters or donors.


This AI summary has been generated from information found on Charity Navigator.

Is Unionport Foundation Inc legitimate?

Unionport Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Unionport 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: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Unionport Foundation Inc?

Unionport Foundation Inc's mission is centered around providing support for various sectors. In particular, their focus is on healthcare, charitable, scientific, literary, and educational activities. By doing so, they aim to contribute positively to various aspects of society, promoting overall well-being and knowledge. Their mission is reflected in their day-to-day activities, which are dedicated to making a difference in these areas.

Who is the CEO of Unionport Foundation Inc?

Kenneth Gelb is the Executive Director of Unionport Foundation Inc.

What is the revenue of Unionport Foundation Inc?

Unionport Foundation Inc's revenue in 2022 was $1,718,218.

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

There are 3 employees and 5 volunteers at Unionport Foundation Inc.


Here are 8 key members and their salaries:


Kenneth Gelb (Executive Director)
  • Compensation: $0
  • Related: $631,289
  • Other: $56,082
Reed Elson (Board Member)
  • Compensation: $0
  • Related: $73,323
  • Other: $18,198
Martin Elson (President)
  • Compensation: $0
  • Related: $55,000
  • Other: $0
Joseph D Bradley Jr (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne D Fisher (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary O'Connell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Rothman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Koreff (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Unionport Foundation Inc?

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

Mission Statement of Unionport Foundation Inc

Unionport Foundation Inc, a notable nonprofit organization, is dedicated to supporting various sectors aimed at improving the quality of life. Their mission encompasses healthcare, charitable, scientific, literary, and educational activities. By providing resources and funding to these areas, Unionport Foundation Inc seeks to contribute to the betterment of society as a whole. Their work is multifaceted, touching upon numerous aspects of life that can greatly impact individuals and communities. By focusing on these crucial areas, the Foundation aims to foster growth and development, fostering a more prosperous and enlightened society.

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Impact




October, 2024

Unionport Foundation Inc significantly impacts its community by enhancing access to healthcare, education, and charitable initiatives. By focusing on healthcare support, the foundation helps improve the well-being of individuals in the Bronx, ensuring that essential services are available to those in need.

Its commitment to educational and literary activities fosters learning and personal development, empowering individuals with knowledge and skills that contribute positively to their lives. The support for scientific endeavors also encourages innovation and research, potentially leading to advancements that benefit society as a whole.

Through these multifaceted efforts, Unionport Foundation Inc plays a crucial role in uplifting the community, promoting wellness, education, and scientific progress while addressing pressing local needs.




This information is meant to be a general summary of Unionport 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
$1,718,218 (2022)
Expenses
$113 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,624,773
  • Gross Receipts: $1,718,218

Assets and Liabilities:

  • Total Assets: $6,552,559
  • Total Liabilities: $0
  • Net Assets: $6,552,559

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Organization Details

Founding Year

1970

Principal Officer

Kenneth Gelb

Main Address

1070 Havemeyer Avenue, Bronx, NY, 104625310

NTEE Category

Code: T30 - Philanthropy

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