Episcopal Charities Of Albany Inc
- Assets
- $11.9m
- Revenue
- $357.4k
- Investments
- $11.8m
- Employees
- 0
- Location
- Greenwich, NY
- Founding
- 02/1942
- Data as of
- 12/2021
- EIN
- 14-1338347
Organization Overview
Episcopal Charities Of Albany Inc is located in Greenwich, NY. The organization was established in 1942. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Episcopal Charities Of Albany Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Episcopal Charities Of Albany Inc generated $357.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $331.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Episcopal Charities Of Albany Inc has awarded 23 individual grants totaling $1,520,450. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FUNDING TO PAY FOR THE COST OF HEALTH CARE RELATED SERVICES FOR PEOPLE OF ALL FAITHS WITHIN THE DIOCESE OF ALBANY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE GIFTS TO INDIVIDUALS AND INSTITUTIONS FOR HEALTH CARE RELATED COSTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rev Donna Arnold Vice Chair | Officer | 1.5 | $0 |
Rev Robert Haskell Chairman | Officer | 1.5 | $0 |
Rev Judith Malionek Secretary | Officer | 1.5 | $0 |
Rev William Tatem Treasurer | Officer | 1.5 | $0 |
Rebecca Lytle Director | Trustee | 1.5 | $0 |
Sue Ellen Ruetsch Director | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $357,409 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $357,409 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $186,000 |
| Grants and other assistance to domestic individuals. | $60,834 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $79,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,014 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,040 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,045 |
| All other expenses | $0 |
| Total functional expenses | $331,933 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,857 |
| Savings and temporary cash investments | $494 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $89,401 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $794 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $11,776,099 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,905,645 |
| Accounts payable and accrued expenses | $80 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $80 |
| Net assets without donor restrictions | $11,303,292 |
| Net assets with donor restrictions | $602,273 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,905,645 |
Grants Awarded
Over the last fiscal year, Episcopal Charities Of Albany Inc has awarded $173,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
HEALING CENTER CHRIST THE KING SPIRITUAL LIFE CENTER PURPOSE: GENERAL FUNDING | $150,000 |
SLC BEAVER CROSS NURSE GRANT PURPOSE: GENERAL FUNDING | $13,500 |
Albany, NY PURPOSE: GENERAL FUNDING | $10,000 |
Endowment Analysis
| Beg. Balance | $440,955 |
| Earnings | $87,475 |
| Ending Balance | $528,430 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Saint Marys Hospital For Children Inc Bayside, NY | $163,358,524 | $102,313,252 |
Blythedale Childrens Hospital Valhalla, NY | $271,989,720 | $102,411,458 |
Gaylord Hospital Inc Wallingford, CT | $128,915,259 | $93,864,811 |
Good Shepherd Rehabilitation Hosp Allentown, PA | $57,653,412 | $80,489,930 |
Fox Chase Cancer Center Medical Group Inc Philadelphia, PA | $37,947,929 | $82,329,773 |
Magee Rehabilitation Hospital Philadelphia, PA | $274,504,681 | $82,150,847 |
Franciscan Hospital For Children Inc Brighton, MA | $82,570,015 | $89,147,333 |
Sunnyview Hospital And Rehabilitation Center Schenectady, NY | $57,470,156 | $63,251,505 |
Magee-Womens Research Institute And Foundation Pittsburgh, PA | $105,422,061 | $58,233,606 |
Bacharach Institute For Rehabilitation Inc Pomona, NJ | $75,857,509 | $36,251,929 |
Pennsylvania Psychiatric Institute Harrisburg, PA | $10,777,137 | $42,493,217 |
Allied Services Institute Of Rehabilitation Medicine Clarks Summit, PA | $48,032,668 | $30,513,476 |