Hudson Valley Gateway Chamber Foundation Inc
Nonprofit profile at a glance
- EIN
- 815199184
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2018
- Location
- Peekskill, NY, USA
- Phone
- 9147373600
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $40,121
- Expenses
- $29,762
- Assets
- $96,265
- Liabilities
- $18,533
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Carole Voisey (Executive Director)
People named in this filing
- Lucille Geraci-Miranda (Chairperson)
- George Oros (Vice Chairperson)
- Mary F Foster (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Scholarships; workforce development and visitor information
What it reported doing in 2024
Workforce development awards and program
Operating model
- Revenue model
- Other-operating. 60% of the money available for current operations came from other operating revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 78% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 82
- Sustainability: 67
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 57.3%; rating input score 57
- Program expense ratio: 77.3%; rating input score 77
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 25.8%; rating input score 78; 78th percentile among comparable filings
- Total-asset coverage ratio: 3.23; rating input score 76; 76th percentile among comparable filings
- Liabilities to assets ratio: 0.19; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 17.9% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: -13% per year; rating input score 0; 20th percentile among comparable filings
- Asset growth: 14.9% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: 57.3% of revenue deployed · 77.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $23K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 57/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.