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New York BBB Wise Giving Report for
Scenic Hudson

A BBB Accredited charity

 



Expiration Date:
04/2015
Name:
Scenic Hudson
Address:
One Civic Center Plaza, Suite 200
Poughkeepsie, NY 12601
Phone:
845-473-4440
Year, State Incorporated:
1975, New York
Affiliates:
The Scenic Hudson Land Trust, Inc.
Stated Purpose:
" Works to protect and restore the Hudson River and its landscape. "





Evaluation Conclusions
 

              
Scenic Hudson meets the 20 Standards for Charity Accountability.




Programs
 

              
Scenic Hudson is dedicated to protecting and restoring the Hudson River. The organization offers programs related to redevelopment, environmental education, farmland protection and land preservation to preserve the land and resources of the Hudson Valley. The Brownfield redevelopment program restores the natural beauty to the abandoned and contaminated properties around the Hudson Valley. The organization’s environmental education program addresses environmental and economic issues related to development in Hudson Valley. The program also educates the community on how to appreciate and preserve nature. The farmland preservation program expands and preserves farmland in and around the Hudson Valley. Additionally, through the Scenic Hudson Land Trust the organization restores abandoned land and makes the parks open for public use.



Governance
 

              
Chief Executive Officer:
Edward O. Sullivan, CEO
Compensation*:
$391,066
Chair of the Board:
James C. Goodfellow
Chair's Profession / Business Affiliation:
Fiduciary Trust Company International
Board Size:
29
Paid Staff Size:
50



*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.




Fund Raising
 

              
Method(s) Used:


Direct mail appeals, invitations to fund raising events, grant proposals, internet, planned giving arrangements
Fund raising costs were 10.7% of related contributions. (Related contributions, which totaled $10,174,118, are donations received as a result of fund raising activities.)




Tax Status
 

              
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.




Financial
 

              
The following information is based on Scenic Hudson's Audited Financial Statements - Consolidated for the fiscal year ended June 30, 2012.

Source of Funds  

Contributions

$6,771,628

Endowment earnings used to meet spending policy

6,502,700

Government Grants

3,402,490

Other Revenues

36,725

Investment activity other than endowment earnings

21,471

Total Income

$16,735,014

Program Expenses  

Program Expenses

$12,168,452
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Income in Excess of Expenses

12,168,452
1,092,310
829,256

$14,090,018

$2,644,996




Uses of Funds as a % of Total Expenses


Programs: 86%  Fund Raising: 8%  Administrative 6% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $237,795,260
Ending net assets 233,655,909
Total liabilities 7,247,821

Total assets

$240,903,730






 

A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fundraising or promotional purposes and may not be reproduced or distributed in whole or in part.