Overview
What is The Corp For The Relief Of Widows & Children Of Clergymen Of The Protestant?
The Corp for the Relief of Widows and Children of Clergymen of the Protestant Episcopal Church in New York is a nonprofit organization that accepts contributions from Protestant clergy. Upon the death of qualified spouses and children, the corporation distributes dividends as a form of support. The governing board comprises representatives from the five dioceses in New York, collaborating with them to address the needs of these beneficiaries. The organization's mission is centered around providing financial assistance to the families of Protestant clergy in times of loss.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star Rating)
The Corp For The Relief Of Widows & Children Of Clergymen Of The Protestant has received an 85% rating from Charity Navigator, indicating a solid performance in accountability and finance. This score is derived entirely from a single beacon score, reflecting strong governance practices and financial health. The organization has demonstrated excellence with 100% independent board members and has successfully implemented a conflict of interest policy.
Strengths of the organization include a high program expense ratio of 68.90%, showcasing a commitment to effectively utilizing funds toward its mission. Additionally, there are no reported material diversions of assets, further indicating responsible financial management. The presence of an audit and oversight committee also contributes to its transparency.
While the organization has strengths in governance and financial discipline, the score primarily reflects financial metrics, and further insight into program outcomes or impact may be beneficial for potential donors seeking a comprehensive evaluation. Overall, the charity appears to be well-managed with a focus on accountability.
This AI summary has been generated from information found on Charity Navigator.
Is The Corp For The Relief Of Widows & Children Of Clergymen Of The Protestant legitimate?
The Corp For The Relief Of Widows & Children Of Clergymen Of The Protestant is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Corp For The Relief Of Widows & Children Of Clergymen Of The Protestant 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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What is the mission statement of The Corp For The Relief Of Widows & Children Of Clergymen Of The Protestant?
The Corp for the Relief of Widows and Children of Clergymen of the Protestant Episcopal Church in New York receives donations from Protestant clergy and distributes dividends to eligible spouses and children upon their demise. The organization's governing board comprises representatives from the five dioceses in New York, collaborating with them to support the well-being of these beneficiaries. The primary mission of this corporation is to provide financial assistance and support to the families of deceased Protestant clergy, ensuring their continued welfare.
Who is the CEO of The Corp For The Relief Of Widows & Children Of Clergymen Of The Protestant?
G William Haas is the President of The Corp For The Relief Of Widows & Children Of Clergymen Of The Protestant.
What is the revenue of The Corp For The Relief Of Widows & Children Of Clergymen Of The Protestant?
The Corp For The Relief Of Widows & Children Of Clergymen Of The Protestant's revenue in 2022 was $2,838,888.
Who are the executives of The Corp For The Relief Of Widows & Children Of Clergymen Of The Protestant and what are their salaries?
Here are 19 key members and their salaries:
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Where can I find the form 990 for The Corp For The Relief Of Widows & Children Of Clergymen Of The Protestant?
The Corp For The Relief Of Widows & Children Of Clergymen Of The Protestant's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Corp For The Relief Of Widows & Children Of Clergymen Of The Protestant
The Corp for the Relief of Widows and Children of Clergymen of the Protestant, a nonprofit organization, is dedicated to supporting the families of Protestant clergy members. Established in the State of New York, the corporation receives contributions from Protestant clergy. Upon the death of these clergy members, the organization distributes dividends to their qualified spouses and children. The governing body of this organization comprises representatives from the five dioceses in New York, collaborating with them to benefit the beneficiaries. The Corp for the Relief of Widows and Children of Clergymen of the Protestant plays a crucial role in providing financial assistance to the families of deceased Protestant clergy members, ensuring they continue to be supported even in the absence of their primary breadwinners.
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Impact
October, 2024
The Corp for the Relief of Widows and Children of Clergymen of the Protestant Episcopal Church in the State of New York significantly impacts the lives of clergy families by providing financial support during times of loss. By collecting contributions from Protestant clergy, the organization ensures that qualified spouses and children receive dividends upon the death of the clergy member, granting them much-needed financial stability.
The governance structure, which includes representatives from the five dioceses in New York, fosters collaboration to address the needs of beneficiaries effectively. This collective approach not only enhances the reach and effectiveness of the support provided but also strengthens the community ties within the church, ensuring that families of clergy members are cared for and supported in their time of mourning.
In essence, the organization plays a crucial role in alleviating financial burdens for families, allowing them to navigate the challenges of loss with greater assurance and dignity, thereby reinforcing the support network within the Protestant community.
This information is meant to be a general summary of The Corp For The Relief Of Widows & Children Of Clergymen Of The Protestant. 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: $2,835,439
- Gross Receipts: $13,712,281
Assets and Liabilities:
- Total Assets: $24,852,083
- Total Liabilities: $0
- Net Assets: $24,852,083
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Organization Details
Founding Year
1798
Phone
(646) 893-6660Principal Officer
G William Haas
Main Address
217 EAST 70TH STREET, NEW YORK, NY, 10021
NTEE Category
Code: P60Z - Human services
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