Overview
What is Resource Council Of Wny Inc?
Resource Council of WNY Inc, situated at 347 E Ferry Street, Buffalo, NY 14208, is a nonprofit organization dedicated to serving its community. Its primary mission is to establish 347 East Ferry Street as a significant community landmark, providing stability, hope, and inspiration to the families it serves. This is achieved through an array of exceptional programs, encompassing youth and adult education, athletics, and veteran services. During the year, the organization actively operated in these areas and collected substantial funds, primarily for facility improvements. Notably, the hockey rink and athletic field outside the community center were upgraded, benefiting the entire community as part of the city park property. The organization employs a team of 36 individuals, contributing to its mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1-Star out of Four Stars (57%)
The Resource Council of WNY Inc has received a One-Star rating from Charity Navigator, with an overall score of 57%. While the organization excels in governance aspects, such as having a fully independent board and a strong conflict of interest policy, its financial health shows some areas of concern, particularly in program expense efficiency.
Strengths include a fully independent board of directors and no reported material diversion of assets, indicating sound governance practices. The organization has also maintained a reasonable liabilities to assets ratio, which reflects stability. However, the program expense ratio of 58.89% suggests that a significant portion of its expenses may not be directed toward programs, which could impact its rating negatively.
Overall, while Resource Council of WNY Inc demonstrates strong accountability and governance, there are notable limitations in its financial performance that could affect its operational effectiveness. Stakeholders may want to consider these factors when evaluating the organization's impact and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Resource Council Of Wny Inc legitimate?
Resource Council Of Wny Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Resource Council Of Wny 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: $106,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $236,005
For more financial information, click here
What is the mission statement of Resource Council Of Wny Inc?
The Resource Council Of Wny Inc's mission is centered around making a significant impact in the community. Their goal is to establish a strong presence and bring stability, hope, and inspiration to the families they serve. They achieve this through a variety of extraordinary programs, encompassing youth and adult education, athletics, and veteran services. By doing so, they aim to positively influence and uplift the community as a whole. During the year, the organization continued to operate programs for both children and adults, and significant funds were invested in improving the facility's hockey rink and athletic field. These improvements are part of a larger community project and will benefit the entire community.
Who is the CEO of Resource Council Of Wny Inc?
Catherine Roberts is the President of Resource Council Of Wny Inc.
What is the revenue of Resource Council Of Wny Inc?
Resource Council Of Wny Inc's revenue in 2022 was $1,142,190.
Who are the executives of Resource Council Of Wny Inc and what are their salaries?
The average compensation at Resource Council Of Wny Inc during 2022 was $9,500. There are 36 employees and 10 volunteers at Resource Council Of Wny Inc.
Here are 8 key members and their salaries:
- Compensation: $106,000
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Resource Council Of Wny Inc?
Resource Council Of Wny Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Resource Council Of Wny Inc
Resource Council Of Wny Inc strives to establish itself as a beacon of support and motivation within the community. Their mission is achieved through the implementation of exceptional programs that cater to the educational, athletic, and veteran needs of the families they serve. By doing so, they aim to instill stability, hope, and inspiration in these families. The organization's efforts extend beyond their immediate reach, as they contribute towards improving the community's facilities, such as the hockey rink and athletic field, as part of the local city park property. This commitment to the community's well-being underscores Resource Council Of Wny Inc's dedication to making a positive impact on the lives of the families it serves.
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Impact
July, 2024
Resource Council Of Wny Inc's impact can be seen in its efforts to make 347 East Ferry Street a pillar of the community. By providing stability, hope, and inspiration to the families it serves through extraordinary programs including youth and adult education, athletics, and veteran services, the organization is making a positive difference in the lives of many individuals. In addition, significant funds have been collected and spent on improving the facility's hockey rink and athletic field, benefiting the whole community in Buffalo, NY. Through its mission and programs, Resource Council Of Wny Inc is actively contributing to youth development and community well-being.
This information is meant to be a general summary of Resource Council Of Wny 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: $25
- Program Service Revenue: $294,611
- Gross Receipts: $1,142,190
Assets and Liabilities:
- Total Assets: $433,282
- Total Liabilities: $208,936
- Net Assets: $224,346
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTS
Revenue
$213,303
OVS
Revenue
$81,308
Organization Details
Founding Year
2015
Principal Officer
Catherine Roberts
Main Address
347 E FERRY STREET, BUFFALO, NY, 14208
NTEE Category
Code: O20 - Youth development
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