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Calvary Fund Inc

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

EIN: 133259649 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

Overview

What is Calvary Fund Inc?

Calvary Fund Inc, established in 1985 in New York, is a not-for-profit organization with a primary mission to gather public donations to bolster the tax-exempt mission of Calvary Hospital. The fund's resources are exclusively allocated to support health-related charitable organizations affiliated with the Roman Catholic Archdiocese of New York. In 2022, Calvary Fund Inc contributed $3,030,000 towards its supported organization, Calvary Hospital. The organization operates with a modest workforce of 12 individuals, dedicated to their charitable cause.


Is Calvary Fund Inc legitimate?

Calvary Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Calvary Fund 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.

Here are some key statistics you may want to consider:

Executive Compensation: $532,771
Professional Fundraising Fees: $588,689
Other Salaries and Wages: $647,003

For more financial information, click here


What is the mission statement of Calvary Fund Inc?
Who is the CEO of Calvary Fund Inc?
What is the revenue of Calvary Fund Inc?
Who are the executives of Calvary Fund Inc and what are their salaries?

The average compensation at Calvary Fund Inc during 2022 was $98,314. There are 12 employees at Calvary Fund Inc.

Here are 24 key members and their salaries:


Where can I find the form 990 for Calvary Fund Inc?

Mission Statement of Calvary Fund Inc

Calvary Fund Inc, a not-for-profit organization established in 1985, is dedicated to raising public funds to support the tax-exempt mission of Calvary Hospital. The primary objective of Calvary Fund is to gather contributions, both in the form of real and personal property, and income derived from these contributions. These funds are then allocated exclusively towards any health-related charitable organizations affiliated with the Roman Catholic Archdiocese of New York. It's important to note that all expenses incurred in the process of fundraising are reported under Part IX, Column (D), making the annual contribution of $3,030,000 to Calvary Hospital the only reported program service expense by Calvary Fund Inc. In essence, Calvary Fund Inc serves as a vital financial backbone, enabling its affiliated health-related charitable organizations to carry out their mission effectively.

Impact

This information is meant to be a general summary of Calvary Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 1, 2024

Calvary Fund Inc's impact lies in raising public funds to support Calvary Hospital's tax-exempt mission, with a focus on health-related charitable organizations affiliated with the Roman Catholic Archdiocese of New York. Through its fundraising endeavors, Calvary Fund Inc plays a crucial role in providing financial support to Calvary Hospital, enabling the hospital to continue its important work in healthcare services. This support ultimately contributes to the hospital's ability to deliver essential care and services to those in need, making a positive impact on the community's health and well-being.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $547,900
  • Program Service Revenue: $0
  • Gross Receipts: $7,293,600

    • Assets and Liabilities:
  • Total Assets: $34,903,500
  • Total Liabilities: $2,580,100
  • Net Assets: $32,323,400
  • Organization Details

    Founding Year

    1985

    Principal Officer

    Frank A Calamari

    Main Address

    1740 EASTCHESTER ROAD, BRONX, NY, 104612392

    NTEE Category

    Code: E110 - Health

    If you are a representative of Calvary Fund Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.