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New York BBB Wise Giving Report for
Mission of the Immaculate Virgin

A BBB Accredited charity

 


  • Meets all standards

Expiration Date:
08/2015
Name:
Mission of the Immaculate Virgin - Mount Loretto
Address:
6581 Hylan Boulevard
Staten Island, NY 10309
Phone:
718-317-2803
Year, State Incorporated:
1871, New York
Affiliates:
None
Stated Purpose:
" Helps families and individuals reach their God-given potential, regardless of age, sex, creed, race or unique abilities or limitations "






Evaluation Conclusions
 

              
Mission of the Immaculate Virgin - Mount Loretto meets the 20 Standards for Charity Accountability.




Programs
 

              
The Mission of the Immaculate Virgin (MIV) provides residential habilitation for those served by NYS Office of Mental Retardation/Developmental Disabilities. Programs include hosting services for seniors, helping recovering substance abusers, women facing difficult childbirth situations, and a community center/recreation program including summer day camp. Kenny Residence is an intermediate care facility, providing residential care, treatment, education and vocational planning. Individualized Residential Alternatives are a series of professionally managed homes for 6 to 8 adolescent to young adult developmentally challenged residents. MIV gives residential habilitation training for these young people to allow them to become increasingly self-sufficient active members of the community. The Day Habilitation program brings developmentally disabled young adults a range of supervised volunteer activities in the community in association with Seaview Hospital, the Parks Department, the NYS Department of Environmental Conservation and residents of the South Shore of Staten Island, for the preparation for vocational training. Children’s Developmental Services offer non-residential services for children diagnosed with autism, pervasive developmental disorders and developmental disabilities interfering with social and educational growth. The Gymnasium program enables local parishes and recognized community youth organizations to use Mount Loretto’s Gymnasium for basketball and indoor soccer activities.



Governance
 

              
Chief Executive Officer:
Stephen Rynn, CEO
Compensation*:
$196,253
Chair of the Board:
Gerard McEnerney
Board Size:
16
Paid Staff Size:
188



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




Fund Raising
 

              
Method(s) Used:


Invitations to fund raising events
Fund raising costs were 1.5% of related contributions. (Related contributions, which totaled $450,934, 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 audited Financial Statements for the fiscal year ended June 30, 2012.

Source of Funds  

Program Services fees

$8,414,871

Rental Income

1,234,017

Other revenue

446,635

Contributions and grants

55,044

Special events, net of direct expense of $8,941

4,299

Total Income

$10,154,866

Program Expenses  

Individual Residential Altenative

$3,954,289

Other Programs

2,782,299

Intermediate Care Facility

2,658,930

Daycare

365,166

Day Habilitation

314,504

Universal Pre-K

184,273
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Expenses in Excess of Income

10,259,461
6,771
1,216,172

$11,482,404

$(1,327,538)




Uses of Funds as a % of Total Expenses


Programs: 89%  Fund Raising: %  Administrative 11% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $9,709,660
Ending net assets 4,486,595
Total liabilities 6,964,909

Total assets

$11,451,504






 

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