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Joseph Lacroce 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: 453740992 ✦ Haddonfield, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Joseph Lacroce Foundation Inc?

Joseph Lacroce Foundation Inc, established in 2011, is a 501(c)(3) nonprofit organization situated in Haddonfield, New Jersey. The primary mission of this organization is to collect toys, contributions, and funds to purchase gifts, which are subsequently distributed to children in Virtua's Pediatrics Unit. Beyond this, the foundation also provides essential items such as infant car seats, books, bookcases, and electronic games for the hospital's activity rooms. By doing so, the Joseph Lacroce Foundation Inc aims to bring joy and comfort to the young patients under their care.


Official website here: www.josephlacrocefoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating

The Joseph Lacroce Foundation Inc holds a Three-Star rating from Charity Navigator, indicating a generally positive assessment based on its accountability and financial management. The charity has achieved a high score in several areas, with a notable 100% independent board and no material diversion of assets. The program expense ratio is also impressive at 97.86%, suggesting that a significant portion of funds is directed towards its programs rather than administrative costs.

However, the organization does face some limitations regarding its policies. Notably, it lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which have impacted its accountability score negatively. These missing policies may raise concerns about governance practices and transparency.

Overall, while the Joseph Lacroce Foundation demonstrates strong financial health and effective program expenditure, addressing the mentioned policy gaps could enhance its overall accountability and public trust.


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

Is Joseph Lacroce Foundation Inc legitimate?

Joseph Lacroce Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Joseph Lacroce 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


Official website here: www.josephlacrocefoundation.org

What is the mission statement of Joseph Lacroce Foundation Inc?

The Joseph Lacroce Foundation Inc., established in 2011 as a non-profit organization under Section 501(C)(3), is dedicated to collecting toys and contributions for the purpose of gifting them to children in a pediatric unit. The foundation's mission is to bring joy and comfort to these children during their hospital stays. In addition to collecting toys, the organization also provides infant car seats, books, and bookshelves, as well as electronic games for the hospital's activity rooms. The primary goal of the Joseph Lacroce Foundation Inc. is to bring a sense of normalcy and happiness to children in the pediatric unit, helping them cope with their medical challenges.


Official website here: www.josephlacrocefoundation.org

Who is the CEO of Joseph Lacroce Foundation Inc?

Saverio Lacroce is the Secretary of Joseph Lacroce Foundation Inc.


Official website here: www.josephlacrocefoundation.org

What is the revenue of Joseph Lacroce Foundation Inc?

Joseph Lacroce Foundation Inc's revenue in 2022 was $201,857.


Official website here: www.josephlacrocefoundation.org

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


Here are 4 key members and their salaries:


Raffael J Giannantonio (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Lacroce (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Saverio Lacroce (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Paglione (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.josephlacrocefoundation.org

Where can I find the form 990 for Joseph Lacroce Foundation Inc?

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


Official website here: www.josephlacrocefoundation.org

Learn more at the official website: www.josephlacrocefoundation.org

Mission Statement of Joseph Lacroce Foundation Inc

The Joseph Lacroce Foundation Inc, established in 2011 as a 501(c)(3) non-profit organization, is dedicated to collecting toys, contributions, and funding for the purpose of gifting them to children in Virtua's Pediatric Unit. The organization's mission is to bring joy and comfort to these young patients during their hospital stays. In addition to toy donations, the Joseph Lacroce Foundation Inc also provides essential items such as infant car seats, books, and bookcases for the hospital's activity rooms, as well as electronic games to keep the children entertained. By focusing on the well-being of these children, the Joseph Lacroce Foundation Inc aims to make their hospital experience a little less daunting and more bearable.

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Impact




October, 2024

The Joseph Lacroce Foundation Inc significantly impacts the lives of children in need by focusing on improving their hospital experience. Established in 2011, the foundation collects toys and contributions specifically to provide gifts for children in Virtua's Pediatric Unit. This initiative not only brings joy to young patients but also helps create a more comforting and engaging environment during their hospital stay.

In addition to toys, the foundation plays a crucial role in offering essential items like infant car seats, books, bookcases, and electronic games for hospital activity rooms. This broad range of support ensures that children have access to educational and recreational activities, which can aid in their emotional and psychological well-being while undergoing treatment.

By fostering a sense of normalcy and joy in challenging circumstances, the Joseph Lacroce Foundation Inc contributes positively to the overall healthcare experience for young patients and their families in Haddonfield, NJ, and beyond.




This information is meant to be a general summary of Joseph Lacroce 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
$201,857 (2022)
Expenses
$257,881 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$48,598
  • Gross Receipts: $570,533

Assets and Liabilities:

  • Total Assets: $705,270
  • Total Liabilities: $0
  • Net Assets: $705,270

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Organization Details

Founding Year

2011

Principal Officer

Saverio Lacroce

Main Address

75 LANE OF ACRES, HADDONFIELD, NJ, 08033

NTEE Category

Code: P58 - Human services

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