Albany Cso Pool Communities Corporation

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

EIN: 474385432 ✦ Albany, NY ✦ Designated as a 501(c)(3)

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Overview

What is Albany Cso Pool Communities Corporation?

Albany Cso Pool Communities Corporation is a nonprofit organization located in Albany, New York, with a mission to aid the member municipalities, including Albany, Cohoes, Rensselaer, Troy, Watervliet, and the Village of Green Island, in implementing the Albany Pool CSO Long Term Control Plan (LTCP). This plan aims to reduce discharges of wastewater and stormwater from combined sewer overflows within these municipalities to protect water quality and comply with federal, state, and local laws. The corporation facilitates the efficient and timely LTCP implementation by securing necessary goods and services, providing financing assistance, and performing additional acts when required.


Official website here: www.albanypoolcso.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star rating

Albany Cso Pool Communities Corporation has received a solid Three-Star rating from Charity Navigator, reflecting an 81% overall score based solely on its Accountability & Finance metrics. This rating signifies a strong commitment to transparency and responsible management of resources, which is essential for building trust among donors and stakeholders.

The organization demonstrates notable strengths, including a fully independent board and a high program expense ratio of 99.51%, indicating that nearly all funds are directed towards its mission. Their rigorous compliance with financial oversight policies, evidenced by perfect scores in various governance categories, showcases their dedication to accountability and ethical operations.

However, while the financial metrics are impressive, the organization received a score of 0 out of 15 points for the Liabilities to Assets ratio, which may raise questions about its financial stability. It is essential for potential donors to consider this aspect when assessing the overall health and sustainability of the nonprofit.


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

Is Albany Cso Pool Communities Corporation legitimate?

Albany Cso Pool Communities Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Albany Cso Pool Communities Corporation 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.albanypoolcso.org

What is the mission statement of Albany Cso Pool Communities Corporation?

The Albany Cso Pool Communities Corporation is dedicated to facilitating the efficient and timely implementation of the Albany Pool CSO Long Term Control Plan (LTCP) by its members. This is achieved by procuring necessary goods and services, providing financial assistance, and carrying out any additional tasks deemed necessary and suitable for the LTCP's implementation. In essence, the corporation functions as a collaborative entity, working alongside its members to ensure the successful execution of the LTCP.


Official website here: www.albanypoolcso.org

Who is the CEO of Albany Cso Pool Communities Corporation?

William D Simcoe Pe is the President of Albany Cso Pool Communities Corporation.


Official website here: www.albanypoolcso.org

What is the revenue of Albany Cso Pool Communities Corporation?

Albany Cso Pool Communities Corporation's revenue in 2023 was $16,731,703.


Official website here: www.albanypoolcso.org

Who are the executives of Albany Cso Pool Communities Corporation and what are their salaries?


Here are 10 key members and their salaries:


Maggie Alix (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Golden (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles G Houghton Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Keeler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Madden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen M Mcnulty-Ryan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William D Simcoe Pe (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles V Patricelli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Powers (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael E Stammel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.albanypoolcso.org

Where can I find the form 990 for Albany Cso Pool Communities Corporation?

Albany Cso Pool Communities Corporation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.albanypoolcso.org

Learn more at the official website: www.albanypoolcso.org

Mission Statement of Albany Cso Pool Communities Corporation

Albany Cso Pool Communities Corporation, a mission-driven organization, is dedicated to facilitating the efficient and timely implementation of the Albany Pool CSO Long Term Control Plan (LTCP) by its members. In order to accomplish this, the Corporation secures necessary goods and services, provides financial assistance, and performs any additional acts that may be required and appropriate for the LTCP's implementation. The Corporation's primary goal is to ensure the successful execution of the plan, which aims to address and resolve issues related to the Combined Sewer Overflow (CSO) in Albany. By assuming these essential roles, Albany Cso Pool Communities Corporation plays a vital part in the collaboration among its members, ultimately contributing to the long-term solution for the community's CSO challenges.

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Impact




October, 2024

Albany CSO Pool Communities Corporation plays a crucial role in enhancing water quality and environmental health across multiple municipalities, including Albany, Cohoes, Rensselaer, Troy, Watervliet, and the Village of Green Island. By facilitating the implementation of the Albany Pool Combined Sewer Overflow (CSO) Long Term Control Plan (LTCP), the Corporation helps reduce the discharges of wastewater and stormwater from combined sewer overflows.

This initiative is essential for protecting local water bodies, ensuring compliance with federal, state, and local regulations concerning sewer management. The Corporation achieves its objectives by securing necessary goods and services, providing financial assistance, and undertaking various supportive actions to foster the successful execution of the Long Term Control Plan.

By prioritizing the reduction of harmful discharges, the Albany CSO Pool Communities Corporation significantly contributes to improved water quality, which has lasting positive effects on public health, local ecosystems, and overall community well-being.




This information is meant to be a general summary of Albany Cso Pool Communities Corporation. 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
$16,731,703 (2023)
Expenses
$16,731,703 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $15,198,867
  • Gross Receipts: $16,731,703

Assets and Liabilities:

  • Total Assets: $41,359
  • Total Liabilities: $41,359
  • Net Assets: $0

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Organization Details

Founding Year

2015

Principal Officer

William D Simcoe Pe

Main Address

ONE PARK PLACE SUITE 102, ALBANY, NY, 12205

NTEE Category

Code: N00 - Recreation

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