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Chief Edward Peyser Memorial Foundation Inc

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

EIN: 834377402 ✦ Plandome, NY ✦ Designated as a 501(c)(3)

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Overview

What is Chief Edward Peyser Memorial Foundation Inc?

The Chief Edward Peyser Memorial Foundation Inc, based in Plandome, New York, is a nonprofit organization with a mission to support graduating high school seniors involved in the volunteer fire service. They offer scholarships as an act of appreciation for their dedication. Additionally, the foundation contributes to the training, equipping, and expansion of the mission of the Plandome Volunteer Fire Department and other related fire department organizations. Their primary aim is to strengthen the volunteer fire service and contribute to its overall growth and success.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80% (Three-Star out of Four Star rating).

The Chief Edward Peyser Memorial Foundation Inc has achieved a solid Three-Star rating, reflecting a strong commitment to accountability and finance. This rating is based entirely on its metrics for accountability, showcasing the organization's effective governance practices, including a fully independent board and a lack of material asset diversion. The high program expense ratio of 94.73% indicates that a significant portion of its funds is directed towards its programs.

The foundation has demonstrated excellence in several key areas. It boasts a completely independent board of directors, with five members, and has a comprehensive conflict of interest policy in place. Additionally, the organization maintains transparency by documenting its board meeting minutes, contributing positively to its overall financial health and operational integrity.

While the rating is positive, potential donors may consider that the organization's score is derived from a single beacon, which focuses on accountability and finance. This limited scope may not provide a full picture of the foundation's impact or effectiveness in fulfilling its mission, emphasizing the need for further exploration into its programs and outreach efforts.


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

Is Chief Edward Peyser Memorial Foundation Inc legitimate?

Chief Edward Peyser Memorial Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chief Edward Peyser Memorial Foundation 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 Chief Edward Peyser Memorial Foundation Inc?

The Chief Edward Peyser Memorial Foundation Inc's mission is centered around providing scholarships to graduating high school seniors who are actively involved in the volunteer fire service. Beyond scholarships, the foundation also supports the training, equipping, and expansion of the mission of the Plandome Volunteer Fire Department and other fire department organizations. This support aims to enhance their capabilities and further their objectives.

Who is the CEO of Chief Edward Peyser Memorial Foundation Inc?

Diane Peyser is the President of Chief Edward Peyser Memorial Foundation Inc.

What is the revenue of Chief Edward Peyser Memorial Foundation Inc?

Chief Edward Peyser Memorial Foundation Inc's revenue in 2023 was $70,225.

Who are the executives of Chief Edward Peyser Memorial Foundation Inc and what are their salaries?

There 5 volunteers at Chief Edward Peyser Memorial Foundation Inc.


Here are 5 key members and their salaries:


Diane Peyser (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Peyser (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Scally (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Murphy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Becker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Chief Edward Peyser Memorial Foundation Inc?

Chief Edward Peyser Memorial Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Chief Edward Peyser Memorial Foundation Inc

The Chief Edward Peyser Memorial Foundation Inc is dedicated to two primary objectives. Firstly, it grants scholarships to graduating high school seniors who are actively involved in volunteer fire services. This initiative not only recognizes the commitment of these young individuals but also provides them with financial aid to further their education.

Secondly, the foundation supports the training, equipping, and advancement of the mission of the Plandome Volunteer Fire Department and other fire department organizations. This involves providing resources and assistance to ensure these organizations can effectively carry out their duties, protecting communities from fire and other emergencies. By doing so, the Chief Edward Peyser Memorial Foundation Inc is instrumental in strengthening the volunteer fire service, ensuring it remains a vital part of community safety.

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Impact




August, 2024

The Chief Edward Peyser Memorial Foundation Inc's impact is significant in providing scholarships to graduating high school seniors involved with the volunteer fire service. Additionally, the foundation supports the training, equipping, and furthering of the mission of the Plandome Volunteer Fire Department and other fire department organizations. This support helps to encourage and empower the next generation of firefighters and ensures the effective operation of vital public safety services in the community.




This information is meant to be a general summary of Chief Edward Peyser Memorial Foundation 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.

Revenue
$70,225 (2023)
Expenses
$41,140 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $1,685
  • Gross Receipts: $129,171

Assets and Liabilities:

  • Total Assets: $279,268
  • Total Liabilities: $0
  • Net Assets: $279,268

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Organization Details

Founding Year

2019

Principal Officer

Diane Peyser

Main Address

65 SOUTH DRIVE, PLANDOME, NY, 11030

NTEE Category

Code: M24 - Public safety

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