Overview
What is Local 338 Charities Inc?
Local 338 Charities Inc is a nonprofit organization based in Mineola, New York. Their primary mission is to provide scholarships for members and their dependents pursuing higher education at accredited colleges or universities. The charity also extends aiding hand to needy members who require medical care, often due to emergencies, disasters, mental illness, or substance abuse. Additionally, Local 338 Charities Inc supports other charitable organizations within its operational area to contribute positively to the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating.
Local 338 Charities Inc has received a score of 53%, which reflects significant areas for improvement, particularly in governance and transparency. The lack of independent board members, combined with missing critical policies such as conflict of interest and whistleblower protections, raises concerns about the organization's accountability practices. However, it is noted that the organization does not have material diversions of assets, suggesting some level of financial integrity.
On a positive note, the charity allocates a substantial percentage of its expenses towards programs, with a program expense ratio of 83.24%. This indicates a commitment to its mission and effective use of funds for charitable activities. Despite this strength, the lack of a website listed on its tax form and missing financial documents further undermine its credibility and accessibility to potential donors and stakeholders.
In summary, while Local 338 Charities Inc demonstrates a strong focus on program expenses, its overall accountability and governance issues are significant drawbacks. Enhancing transparency and compliance with best practices in nonprofit governance could help improve its standing in the nonprofit community.
This AI summary has been generated from information found on Charity Navigator.
Is Local 338 Charities Inc legitimate?
Local 338 Charities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Local 338 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Local 338 Charities Inc?
Local 338 Charities Inc's mission is centered around providing scholarships to members and their dependents who are pursuing higher education at accredited colleges or universities. Additionally, the organization aims to assist needy members who require medical care, are facing hardships due to emergencies or disasters, or are suffering from mental illness, drug, or alcohol abuse. Furthermore, Local 338 Charities Inc extends its support to other charitable organizations in the area where it operates.
Who is the CEO of Local 338 Charities Inc?
John R Durso is the Chairman of Local 338 Charities Inc.
What is the revenue of Local 338 Charities Inc?
Local 338 Charities Inc's revenue in 2022 was $195,062.
Who are the executives of Local 338 Charities Inc and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $353,557
- Other: $49,088
- Compensation: $0
- Related: $215,363
- Other: $37,251
- Compensation: $0
- Related: $203,975
- Other: $41,417
- Compensation: $0
- Related: $131,264
- Other: $28,755
- Compensation: $0
- Related: $149,441
- Other: $18,722
- Compensation: $0
- Related: $110,490
- Other: $24,982
Where can I find the form 990 for Local 338 Charities Inc?
Local 338 Charities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Local 338 Charities Inc
Local 338 Charities Inc, a nonprofit organization, strives for excellence through various means. One of its primary objectives is to provide scholarships to the children and dependents of members belonging to Local 338 RWDSU/UFCW, who enroll in accredited college or university programs. This initiative aims to support the educational aspirations of its members' families.
Beyond education, Local 338 Charities Inc also extends aid to its needy members who are grappling with medical issues, hardships due to emergencies or disasters, mental illness, or substance abuse problems. By offering assistance in these areas, the charity aims to alleviate the suffering of its members and help them navigate through challenging times.
In addition to these direct services, Local 338 Charities Inc also extends its support to other charitable organizations operating in its area. By doing so, the charity not only strengthens its local community but also contributes to the broader cause of social welfare. In essence, Local 338 Charities Inc seeks to promote excellence through education, medical support, and charitable contributions, thereby uplifting the lives of its members and the wider community.
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Impact
October, 2024
Local 338 Charities Inc significantly impacts its community by providing vital scholarships to members and their dependents enrolled in accredited higher education programs. This initiative fosters educational advancement and empowers individuals to achieve their academic goals, which can lead to improved career prospects and a stronger workforce.
In addition to educational support, the organization offers critical assistance to members facing various hardships. This includes financial aid for medical care, relief during emergencies or disasters, and support for those struggling with mental health issues or substance abuse challenges. By addressing these pressing needs, Local 338 Charities Inc plays a crucial role in enhancing the overall well-being of its members, promoting resilience in times of crisis.
Moreover, the organization's commitment extends to supporting other charitable organizations in the area, thereby amplifying its positive effects within the community. Through these combined efforts, Local 338 Charities Inc contributes to a more compassionate and robust network of support for individuals and families facing adversity, ultimately fostering a healthier and more educated community.
This information is meant to be a general summary of Local 338 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.
- Gross Receipts: $225,484
Assets and Liabilities:
- Total Assets: $336,996
- Total Liabilities: $0
- Net Assets: $336,996
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Organization Details
Founding Year
2014
Phone
(516) 294-1338Principal Officer
John R Durso
Main Address
1505 KELLUM PLACE, MINEOLA, NY, 11501
NTEE Category
Code: P20 - Human services
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