Overview
What is Broome County Community Charities Inc?
Broome County Community Charities Inc, located in Endicott, New York, is a nonprofit organization with a mission to raise funds for various charitable purposes. They achieve this goal through various means, including hosting a golf tournament, which is a Senior PGA Tour event. The funds generated from these events are then donated to local hospitals, cultural programs, youth initiatives, and community development projects. The organization has a dedicated team of nine individuals, demonstrating their commitment to fulfilling their charitable objectives.
Official website here: www.dsgopen.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating
Broome County Community Charities Inc has received a Two-Star rating from Charity Navigator, indicating that while the organization has strengths, there are significant areas for improvement. The charity boasts a strong commitment to accountability and transparency, evidenced by having a high percentage of independent board members and a solid program expense ratio. These factors suggest that a significant portion of its funding is directed towards its programs rather than administrative costs.
However, the charity faces notable challenges, particularly in financial transparency. The lack of financial statements, as reflected in the rating, raises concerns about its overall financial accountability. Moreover, the absence of a conflict of interest policy and a whistleblower policy further diminishes its score in critical governance metrics, indicating potential risks in ethical oversight.
Despite these limitations, Broome County Community Charities Inc has demonstrated effective management of its resources, with a favorable liabilities to assets ratio. Moving forward, addressing the highlighted governance issues could enhance its rating and strengthen donor confidence in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Broome County Community Charities Inc legitimate?
Broome County Community Charities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Broome County Community Charities 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: $208,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $356,017
For more financial information, click here
Official website here: www.dsgopen.com
What is the mission statement of Broome County Community Charities Inc?
Broome County Community Charities Inc's mission is centered around raising funds to support various charitable functions, particularly in the artistic and medical sectors. The organization achieves this goal by organizing events, one of which is a senior PGA golf tournament, to generate funds. These funds are then donated to local hospitals, cultural programs, and youth-oriented initiatives. Additionally, the charity provides grants to aid in the development of community programs.
Official website here: www.dsgopen.com
Who is the CEO of Broome County Community Charities Inc?
Albert Nocciolino is the President of Broome County Community Charities Inc.
Official website here: www.dsgopen.com
What is the revenue of Broome County Community Charities Inc?
Broome County Community Charities Inc's revenue in 2022 was $6,296,356.
Official website here: www.dsgopen.com
Who are the executives of Broome County Community Charities Inc and what are their salaries?
The average compensation at Broome County Community Charities Inc during 2022 was $62,669. There are 9 employees and 1530 volunteers at Broome County Community Charities Inc.
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Official website here: www.dsgopen.com
Where can I find the form 990 for Broome County Community Charities Inc?
Broome County Community Charities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dsgopen.com
Learn more at the official website: www.dsgopen.com
Mission Statement of Broome County Community Charities Inc
Broome County Community Charities Inc, a notable organization, is dedicated to raising funds with the aim of promoting artistic, medical, and various charitable functions. Its mission is multifaceted, encompassing support for local hospitals, cultural programs, youth-oriented initiatives, and community development projects. The organization achieves this goal by organizing a championship golf tournament, which serves as a significant fundraising event. This senior PGA Tour event generates substantial funds, which Broome County Community Charities Inc then donates to these diverse causes. By doing so, the nonprofit contributes to the betterment of its community, enhancing the accessibility and quality of healthcare, art, and youth programs.
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Impact
October, 2024
Broome County Community Charities Inc. significantly impacts the local community by raising funds that support artistic, medical, and various charitable initiatives. Through its sponsorship of a prestigious championship golf tournament, which is part of the Senior PGA Tour, the organization generates critical financial resources. These funds are then directed toward local hospitals, enhancing healthcare services and access to medical care. Additionally, the organization supports a variety of cultural and youth-oriented programs, fostering artistic expression and development within the community. Grants provided by Broome County Community Charities also aid the growth of community programs, ensuring that diverse needs are met and that residents of all ages benefit from enriching opportunities. Overall, the organization plays a pivotal role in promoting philanthropy and strengthening community ties in Endicott, NY.
This information is meant to be a general summary of Broome County Community Charities 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $15,437
- Program Service Revenue: $4,554,447
- Gross Receipts: $6,296,356
Assets and Liabilities:
- Total Assets: $3,355,315
- Total Liabilities: $817,531
- Net Assets: $2,537,784
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPECIAL EVENTS
Revenue
$4,554,447
Organization Details
Founding Year
1974
Phone
(607) 205-1500Principal Officer
Albert Nocciolino
Main Address
PO BOX 5571 UNION STATION, ENDICOTT, NY, 13760
Website
www.dsgopen.comNTEE Category
Code: T70Z - Philanthropy
If you are a representative of Broome County Community Charities Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.