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Hudson Farm 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: 463099263 ✦ Andover, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Hudson Farm Foundation Inc?

Hudson Farm Foundation Inc, based in Andover, New Jersey, serves as a nonprofit organization with a mission to support and boost community-wide activities in various sectors. This includes Science, Culture, Arts, Hospitals, Education, and Civic Endeavors. Their primary goal is to aid other organizations in fulfilling their charitable, civic, and scientific functions. By doing so, they contribute to enriching their community and promoting growth in diverse areas.


Official website here: www.hudsonfarmnj.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 52%, One-Star out of Four Star rating.

The Hudson Farm Foundation Inc has received a low score of 52% from Charity Navigator, which indicates significant concerns regarding its accountability and financial practices. The charity's lack of independent board members and missing key policies such as conflict of interest and whistleblower protections contribute to its low rating. Furthermore, it has not made essential financial documents publicly available, which can hinder transparency and trust among potential donors.

Despite these issues, the organization demonstrates a high program expense ratio of 99.84%, suggesting that nearly all of its expenditures are directed toward its programs. Additionally, it maintains a healthy liabilities to assets ratio of 26.35%, indicating a solid financial foundation in terms of asset management. However, the absence of proper governance and documentation raises red flags about its overall operational integrity.

In summary, while Hudson Farm Foundation Inc excels in directing funds towards its intended programs, the lack of transparency and accountability measures significantly detracts from its overall effectiveness and trustworthiness as a nonprofit organization. Potential supporters may want to consider these factors when deciding to engage with or donate to this charity.


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

Is Hudson Farm Foundation Inc legitimate?

Hudson Farm Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hudson Farm 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.hudsonfarmnj.com

What is the mission statement of Hudson Farm Foundation Inc?

Hudson Farm Foundation Inc's mission is centered around enhancing and promoting community-wide activities. Their focus areas include science, culture, arts, hospitals, education, and civic endeavors. The organization aims to support charitable, civic, and scientific functions through its activities, ultimately contributing to the betterment of the community. The foundation's mission is to promote a holistic development of the community, touching upon various aspects such as education, arts, and civic responsibilities.


Official website here: www.hudsonfarmnj.com

Who is the CEO of Hudson Farm Foundation Inc?

Charles K Kellogg is the President of Hudson Farm Foundation Inc.


Official website here: www.hudsonfarmnj.com

What is the revenue of Hudson Farm Foundation Inc?

Hudson Farm Foundation Inc's revenue in 2022 was $834,564.


Official website here: www.hudsonfarmnj.com

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


Here are 3 key members and their salaries:


Peter R Kellogg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles K Kellogg (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Kellogg Sadrian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hudsonfarmnj.com

Where can I find the form 990 for Hudson Farm Foundation Inc?

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


Official website here: www.hudsonfarmnj.com

Learn more at the official website: www.hudsonfarmnj.com

Mission Statement of Hudson Farm Foundation Inc

Hudson Farm Foundation Inc is committed to enhancing and promoting community-wide activities in various sectors. Specifically, their mission encompasses science, culture, arts, hospitals, education, and civic endeavors. By aiding organizations in their charitable, civic, and scientific functions, Hudson Farm Foundation Inc contributes to the betterment of the community as a whole. The organization's efforts are geared towards promoting a well-rounded community that values learning, creativity, health, and community involvement.

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Impact




July, 2024

Hudson Farm Foundation Inc plays a significant role in enhancing and promoting community-wide activities in the areas of science, culture, arts, hospitals, education, and civic endeavors. Through its support and contributions, the foundation aids beneficiaries in their charitable, civic, and scientific functions. This has a direct impact on the local community, fostering growth and development in various sectors.




This information is meant to be a general summary of Hudson Farm 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
$834,564 (2022)
Expenses
$1,041,630 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $14,795
  • Gross Receipts: $1,073,811

Assets and Liabilities:

  • Total Assets: $849,348
  • Total Liabilities: $223,881
  • Net Assets: $625,467

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Organization Details

Founding Year

2014

Principal Officer

Charles K Kellogg

Main Address

270 STANHOPE SPARTA ROAD, ANDOVER, NJ, 07821

NTEE Category

Code: K99 - Food

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