Overview
What is Poughkeepsie Alliance Inc?
Poughkeepsie Alliance Inc is a nonprofit organization, headquartered in Poughkeepsie, New York. Their primary mission is to improve the quality of life and promote economic revitalization in the city of Poughkeepsie. They achieve this by collaborating with various stakeholders, including citizens, private, public, and non-profit organizations. The organization has established four key objectives: convening leaders for change, fostering transformation through partnerships, building capacity and community, and showcasing Poughkeepsie in a positive light both locally and globally. Currently, they are working with a consultant to guide them through a transition phase, focusing on revising bylaws, enhancing board development, and establishing strategic directions.
Official website here: www.pokalliance.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating.
Poughkeepsie Alliance Inc has received a solid Three-Star rating from Charity Navigator, reflecting an overall score derived entirely from its Accountability & Finance performance. The organization boasts a high level of transparency, with a fully independent board comprising 100% independent members, which indicates strong governance practices. Their fiscal responsibility is further supported by a commendable program expense ratio of 78.20%, showing that a significant portion of their funds is directed towards their programs.
While the organization excels in various areas such as board independence, financial accountability, and having policies in place regarding conflicts of interest, it does have some limitations. Notably, the absence of a whistleblower policy and a document retention and destruction policy may indicate potential areas for improvement in governance practices. Additionally, while the liabilities to assets ratio is reasonable at 54.37%, maintaining a lower ratio can enhance financial stability and planning.
Overall, Poughkeepsie Alliance Inc demonstrates a commitment to effective management and transparency, garnering positive feedback for its accountability measures. However, addressing the noted policy gaps could further strengthen its operational framework and public confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Poughkeepsie Alliance Inc legitimate?
Poughkeepsie Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Poughkeepsie Alliance 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.
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Official website here: www.pokalliance.org
What is the mission statement of Poughkeepsie Alliance Inc?
Poughkeepsie Alliance Inc was established with the aim of improving the quality of life and promoting economic revitalization in an unspecified city. To achieve this goal, the organization collaborates with various stakeholders, including citizens, private, public, and non-profit organizations. Poughkeepsie Alliance Inc has set four key objectives to accomplish this mission: convening leaders for change, fostering transformation through partnership, building capacity and community, and positioning the city positively both near and far. By achieving these objectives, the organization aims to make a significant impact on the community's overall well-being and economic growth.
Official website here: www.pokalliance.org
Who is the CEO of Poughkeepsie Alliance Inc?
Scott Sweeney is the Chairperson of Poughkeepsie Alliance Inc.
Official website here: www.pokalliance.org
What is the revenue of Poughkeepsie Alliance Inc?
Poughkeepsie Alliance Inc's revenue in 2022 was $15,051.
Official website here: www.pokalliance.org
Who are the executives of Poughkeepsie Alliance Inc and what are their salaries?
There 25 volunteers at Poughkeepsie Alliance Inc.
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Official website here: www.pokalliance.org
Where can I find the form 990 for Poughkeepsie Alliance Inc?
Poughkeepsie Alliance Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pokalliance.org
Learn more at the official website: www.pokalliance.org
Mission Statement of Poughkeepsie Alliance Inc
Poughkeepsie Alliance Inc was established with the mission to enhance the quality of life and stimulate economic revitalization in its city. To achieve this goal, the organization partners with various stakeholders, including citizens, private, public, and non-profit organizations. Poughkeepsie Alliance Inc has set forth four key objectives to accomplish this mission: convening leaders for change, fostering transformation through partnership, building capacity and community, and positioning the city positively both near and far. By implementing these strategies, the organization aims to improve the overall well-being of the community and drive sustainable growth.
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Impact
August, 2024
Poughkeepsie Alliance Inc plays a crucial role in enhancing the quality of life and promoting economic revitalization in the city of Poughkeepsie. By partnering with stakeholders from various sectors, including citizens, private entities, public organizations, and nonprofits, the organization is focused on convening leaders for change, facilitating transformation through partnerships, building community capacity, and positioning Poughkeepsie positively. This strategic approach aims to bring about positive change and sustainable development in the city, benefiting both residents and businesses alike.
This information is meant to be a general summary of Poughkeepsie Alliance 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: $51
- Gross Receipts: $15,051
Assets and Liabilities:
- Total Assets: $163,357
- Total Liabilities: $88,830
- Net Assets: $74,527
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Organization Details
Founding Year
2014
Principal Officer
Scott Sweeney
Main Address
PO BOX 347, POUGHKEEPSIE, NY, 12602
Website
www.pokalliance.orgNTEE Category
Code: S20 - Community improvement
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