Pathstone Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 464871866 ✦ Rochester, NY ✦ Designated as a 501(c)(3)

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Overview

What is Pathstone Foundation?

Pathstone Foundation is a charitable organization located in Rochester, New York, with the primary aim of fundraising to sustain the activities and objectives of PathStone Corporation. This visionary and inclusive organization aims to empower individuals, families, and communities by providing them with the necessary economic and social resources to improve their lives. Pathstone Foundation's role is instrumental in supporting PathStone Corporation's mission, enabling it to carry out various programs and initiatives to foster better living conditions.


Official website here: www.pathstone.foundation

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79%, Three-Star out of Four Star Rating

Pathstone Foundation has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization scored particularly well in areas such as having a majority independent board and a strong audit and oversight committee, both of which contribute positively to governance and transparency.

However, there are some areas where the foundation could improve. The program expense ratio is somewhat low at 56.77%, suggesting that a smaller portion of its expenditures goes directly toward its programs compared to operational costs. This could be a concern for potential donors interested in ensuring that their contributions are maximally directed toward mission-related activities.

Overall, Pathstone Foundation demonstrates a commitment to strong governance practices, evidenced by its high scores in various accountability metrics. While the organization is well-structured, enhancing the efficiency of program spending could further bolster its reputation and effectiveness in fulfilling its charitable mission.


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

Is Pathstone Foundation legitimate?

Pathstone Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pathstone Foundation 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.pathstone.foundation

What is the mission statement of Pathstone Foundation?

The Pathstone Foundation's primary objective is to fundraise for the activities and mission of PathStone Corporation. This mission-driven organization aims to empower individuals, families, and communities by providing them with the necessary economic and social resources to improve their lives. By raising funds, Pathstone Foundation contributes to PathStone Corporation's vision of creating a positive impact on various communities, enabling them to build better lives.


Official website here: www.pathstone.foundation

Who is the CEO of Pathstone Foundation?

Ruperto Montero is the Chair of Pathstone Foundation. The CEO's salary of Pathstone Foundation is $0 and their total compensation is $230,633.


Official website here: www.pathstone.foundation

What is the revenue of Pathstone Foundation?

Pathstone Foundation's revenue in 2022 was $1,157,460.


Official website here: www.pathstone.foundation

Who are the executives of Pathstone Foundation and what are their salaries?

There 31 volunteers at Pathstone Foundation.


Here are 11 key members and their salaries (Pathstone Foundation's CEO's salary is $0 and their total compensation is $230,633):


Fernando Santiago (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret A Sanchez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clayton Osborne (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Hoover (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fabrico Morales (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Townsend (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Mitchell (Executive Director)
  • Compensation: $0
  • Related: $178,578
  • Other: $454
Alex Castro (Pathstone Ceo)
  • Compensation: $0
  • Related: $217,392
  • Other: $13,241
Ruperto Montero (Pathstone Cfo)
  • Compensation: $0
  • Related: $206,944
  • Other: $11,536


Official website here: www.pathstone.foundation

Where can I find the form 990 for Pathstone Foundation?

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


Official website here: www.pathstone.foundation

Learn more at the official website: www.pathstone.foundation

Mission Statement of Pathstone Foundation

Pathstone Foundation, a philanthropic organization, is dedicated to advancing the objectives and missions of PathStone Corporation. This mission primarily revolves around raising funds to empower PathStone Corporation, a visionary and diverse entity, in its endeavors to help individuals, families, and communities gain access to economic and social resources. Pathstone Foundation serves as a vital catalyst, enabling PathStone Corporation to build better lives for its constituents. By supporting PathStone Corporation's activities, Pathstone Foundation plays a pivotal role in facilitating positive change and fostering a more prosperous society.

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Impact




July, 2024

PathStone Foundation's impact is felt through its support for the activities and mission of PathStone Corporation. By raising funds, PathStone Foundation enables PathStone Corporation to empower individuals, families, and communities to attain economic and social resources for building better lives. Through this support, PathStone Foundation contributes to positive outcomes in Rochester, NY, and beyond, helping to create opportunities for those in need and fostering community well-being.




This information is meant to be a general summary of Pathstone Foundation. 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
$1,157,460 (2022)
Expenses
$1,186,180 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,372
  • Gross Receipts: $1,229,232

Assets and Liabilities:

  • Total Assets: $711,925
  • Total Liabilities: $118,659
  • Net Assets: $593,266

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Organization Details

Founding Year

2014

Principal Officer

Ruperto Montero

Main Address

400 East Ave, Rochester, NY, 14607

NTEE Category

Code: T11 - Philanthropy

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