Overview
What is Foundation Of The Roman Catholic Diocese Of Ogdensburg Inc?
The Foundation of the Roman Catholic Diocese of Ogdensburg Inc is a nonprofit organization situated in Ogdensburg, New York. Its primary mission is to support and enhance the well-being of the Roman Catholic Diocese of Ogdensburg and its associated entities, such as parishes, schools, and institutions. This is accomplished through the distribution of dividends, at the discretion of its Board, in accordance with an agreement with a specific donor. The foundation's activities are geared towards benefiting various ministries under the Diocese, thereby contributing to their overall growth and development.
Official website here: www.rcdony.org/34-foundation.html
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Foundation Of The Roman Catholic Diocese Of Ogdensburg Inc has received a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and financial stability. The overall score is based solely on the Accountability & Finance beacon, where the organization has demonstrated strong governance practices, with 100% of board members being independent and no material diversion of assets reported.
Strengths of the foundation include an exemplary program expense ratio of 89.01%, indicating that a significant majority of expenses are directed toward its charitable programs. Additionally, the organization has comprehensive policies in place, such as a conflict of interest policy and documented board meeting minutes, contributing positively to its governance structure.
However, there are notable gaps, particularly the absence of a whistleblower policy and a document retention and destruction policy, which are considered best practices for transparency and accountability. While the overall framework appears robust, addressing these missing elements could enhance the organization's credibility and operational effectiveness further.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation Of The Roman Catholic Diocese Of Ogdensburg Inc legitimate?
Foundation Of The Roman Catholic Diocese Of Ogdensburg Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Of The Roman Catholic Diocese Of Ogdensburg 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
Official website here: www.rcdony.org/34-foundation.html
What is the mission statement of Foundation Of The Roman Catholic Diocese Of Ogdensburg Inc?
The Foundation of the Roman Catholic Diocese of Ogdensburg Inc. is dedicated to enhancing the well-being of the Roman Catholic Diocese of Ogdensburg and its associated entities. This includes parishes, schools, corporations, departments, institutions, organizations, and programs. The foundation achieves this goal by distributing dividends at the discretion of its board, with the funds supporting various ministries as per the agreement with the donor. The primary aim is to contribute to the overall betterment of the Diocese and its affiliated entities.
Official website here: www.rcdony.org/34-foundation.html
Who is the CEO of Foundation Of The Roman Catholic Diocese Of Ogdensburg Inc?
Terry R Lavalley is the President of Foundation Of The Roman Catholic Diocese Of Ogdensburg Inc.
Official website here: www.rcdony.org/34-foundation.html
What is the revenue of Foundation Of The Roman Catholic Diocese Of Ogdensburg Inc?
Foundation Of The Roman Catholic Diocese Of Ogdensburg Inc's revenue in 2022 was $905,075.
Official website here: www.rcdony.org/34-foundation.html
Who are the executives of Foundation Of The Roman Catholic Diocese Of Ogdensburg Inc and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.rcdony.org/34-foundation.html
Where can I find the form 990 for Foundation Of The Roman Catholic Diocese Of Ogdensburg Inc?
Foundation Of The Roman Catholic Diocese Of Ogdensburg Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rcdony.org/34-foundation.html
Learn more at the official website: www.rcdony.org/34-foundation.html
Mission Statement of Foundation Of The Roman Catholic Diocese Of Ogdensburg Inc
The Foundation of the Roman Catholic Diocese of Ogdensburg Inc is dedicated to enhancing the well-being of the Roman Catholic Diocese of Ogdensburg and its associated entities. This nonprofit organization aims to achieve this goal by distributing dividends at the discretion of its board, to various ministries within the Diocese, as per the agreement between the Foundation and its donor. The Foundation's mission is to support the Diocese and its affiliated parishes, schools, corporations, departments, institutions, organizations, entities, and programs, ensuring their continued growth and success.
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Impact
October, 2024
The Foundation of the Roman Catholic Diocese of Ogdensburg Inc plays a significant role in enhancing the lives of individuals and communities associated with the Diocese of Ogdensburg. By distributing dividends, the Foundation supports a variety of ministries that address the spiritual, educational, and community needs of parishes, schools, and other affiliated organizations.
This financial assistance allows for the development and continuation of programs that enrich parish life, provide educational resources, and foster community engagement. Through careful stewardship of donor contributions, the Foundation ensures that resources are allocated to impactful initiatives, thereby promoting the overall well-being of the Diocese and its constituents. The Foundation's commitment to these distributions demonstrates a dedicated effort to strengthen the bonds within the community, sustain religious education, and enhance outreach efforts, ultimately fostering a more vibrant and connected faith environment in Ogdensburg.
This information is meant to be a general summary of Foundation Of The Roman Catholic Diocese Of Ogdensburg 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: $764,612
- Gross Receipts: $3,249,264
Assets and Liabilities:
- Total Assets: $7,391,567
- Total Liabilities: $0
- Net Assets: $7,391,567
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Organization Details
Founding Year
2007
Phone
(315) 393-2920Principal Officer
Terry R Lavalley
Main Address
PO Box 369, Ogdensburg, NY, 13669
NTEE Category
Code: X120 - Religion related
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