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New York BBB Wise Giving Report for
The Society of St. Vincent de Paul

A BBB Accredited charity

 



Expiration Date:
09/2015
Name:
The Society of St. Vincent de Paul in the Diocese of Rockville Centre
Address:
249 Broadway
Bethpage, NY 11714
Phone:
516-822-3132
Web Site:
Year, State Incorporated:
1948, New York
Affiliates:
53 chapters
Stated Purpose:
" The purpose of the Society of St. Vincent de Paul is to service the poor and needy in any way possible. No act of charity is foreign to the Society. Most services are provided on an emergency basis and include cash grants for shelter and other necessities. "





Evaluation Conclusions
 

              
The Society of St. Vincent de Paul in the Diocese of Rockville Centre meets the 20 Standards for Charity Accountability.




Programs
 

              
The Society of St. Vincent de Paul in the Diocese of Rockville Centre works to provide: financial relief, household assistance, and childcare assistance to individuals and to families living on Long Island, empowering them to become self-sufficient. The Society conducts person-to-person services through volunteers (known as Vincentians). The Society offers: financial, religious, counseling assistance to those in need and also provides emergency disaster relief. The Society's motto: "WE HELP PEOPLE".



Governance
 

              
Chief Executive Officer:
Mr. Thomas Abbate, Executive Director
Compensation*:
$116,360
Chair of the Board:
Mr. Paul Hodermarsky
Chair's Profession / Business Affiliation:
Retired C.P.A. / The Nikko Securities Co. International, Inc.
Board Size:
18
Paid Staff Size:
82



*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, print advertisements (newspapers, magazines, etc.), grant proposals, internet
Fund raising costs were 22.8% of related contributions. (Related contributions, which totaled $834,921, 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 the Audited Financial Statements for the fiscal year ended September 30, 2012.

Source of Funds  

Stores Income

$5,774,433

Fundraising Income

491,912

Government and Foundation Grants

192,216

Bequests

145,550

Training and Development Income

28,865

Net Investment Income

10,738

Gain in Sale of Asset

9,000

Special Event

5,243

Total Income

$6,657,957

Program Expenses  

Stores Expenses

$4,491,306

Vincentian training and Development

248,818

Dismas House

182,942

Anthony House

150,689

Family Assistance

66,184
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Income in Excess of Expenses

5,139,939
190,445
865,395

$6,195,779

$462,178




Uses of Funds as a % of Total Expenses


Programs: 83%  Fund Raising: 3%  Administrative 14% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $2,787,522
Ending net assets 3,249,700
Total liabilities 2,895,933

Total assets

$6,145,633






 

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