CHARLES T SITRIN NETWORK OF HOMES & SERV INC Charity Report

Public IRS 990 nonprofit record

CHARLES T SITRIN NETWORK OF HOMES & SERV INC

EIN 15-0543936 · Fund Raising & Fund Distribution - Housing & Shelter (L12)

What they do

THE CHARLES T. SITRIN NETWORK of HOMES & SERVICES, INC. SERVES AS A PARENT and SUPPORTING ORGANIZATION to THE 501(C)3 SUBSIDIARY CORPORATIONS LISTED IN SCHEDULE R.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $98.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders17 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

106.75%of revenue went to mission work98.7% of expenses · Program services

$108.18spent for every $100 of revenueSpending was higher than revenue this year.

1.43%of revenue went to management and office costs1.3% of expenses

$1.42in assets for every $1 spent this yearSome assets cannot be spent right away.

0.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $266,169 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $292,567 for CHRISTA SERAFIN (CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,254,961

Mission workProgram services$3,474,741106.75% of revenue98.7% of expenses

ManagementOffice and general costs$46,3891.43% of revenue1.3% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$3,521,130108.18% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 98.7% mission · 1.3% management · 0.0% fundraisingTotal expenses: 108.18% of revenue

2023Expense mix: 98.4% mission · 1.6% management · 0.0% fundraisingTotal expenses: 103.47% of revenue

2022Expense mix: 96.7% mission · 3.3% management · 0.0% fundraisingTotal expenses: 116.62% of revenue

2021Expense mix: 95.4% mission · 4.6% management · 0.0% fundraisingTotal expenses: 98.14% of revenue

2020Expense mix: 94.9% mission · 5.1% management · 0.0% fundraisingTotal expenses: 94.82% of revenue

2019Expense mix: 97.2% mission · 2.8% management · 0.0% fundraisingTotal expenses: 98.52% of revenue

2018Expense mix: 97.9% mission · 2.1% management · 0.0% fundraisingTotal expenses: 95.84% of revenue

2017Expense mix: 97.7% mission · 2.3% management · 0.0% fundraisingTotal expenses: 100.42% of revenue

Money in and money out

Revenue$3,254,961

Expenses$3,521,130

Annual shortfall $266,169 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,474,741 · 98.7% of expenses

Management and office costs$46,389 · 1.3% of expenses

See all reported dollar amounts

Revenue$3,254,961

Expenses$3,521,130

Assets$4,994,495

Income$4,134,797

Contributions$5,000

Mission work (program services)$3,474,741

Grants given$47,000

Average grant$47,000

Management and general$46,389

Executive compensation (total)$222,841

Stocks and bonds$2,222,140

Accounting fees$21,775

Investing fees$21,075

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CHRISTA SERAFINCEO · 1 hrs/week $292,567Base $274,567 · Other $18,000

ANNEMARIE AMBROSEVP OF HUMAN RESOURCES IT · 1 hrs/week $136,071Base $121,671 · Other $14,400

MARC DEPERNOVP OF SITRIN FOUNDATION · 1 hrs/week $96,453

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (17)

CHRISTA SERAFINCEO

ANNEMARIE AMBROSEVP OF HUMAN RESOURCES IT

MARC DEPERNOVP OF SITRIN FOUNDATION

LORI KAPLAN FELICECHAIRMAN

VICTOR PEARLMANBOARD MEMBER

STEVEN ROSENFELDBOARD MEMBER

RANDY ROCKFORDBOARD MEMBER

RABBI GUSTAVO DANIEL GEIERBOARD MEMBER

MICHAEL COMINSKYVICE CHAIRMAN

MARSHA SILVERMANCORRESPONDING SECRETARY

MARK SMITHVICE CHAIRMAN

ADELE SOSSENBOARD MEMBER

EDWARD KOWALSKYBOARD MEMBER

DR SUSAN BLATTBOARD MEMBER

DAVID GOLDBASTREASURER

CHET COHENBOARD MEMBER

ANDI DINERSTEINBOARD MEMBER

About this charity

Recognized since: January 1953
Location: 2050 TILDEN AVE, NEW HARTFORD, NY 13413-3613
County: Oneida
In care of: CHRISTA L SERAFIN
Primary officer: CHRISTA L SERAFIN, CEO/PRESIDENT

How to reach them

WebsiteVisit the charity’s website Emailinfo@sitrin.com Phone(315) 797-3114

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: FUSTCHARLES LLP
NTEE classification: Fund Raising & Fund Distribution - Housing & Shelter (L12)
IRS tax category: Fund Raising & Fund Distribution
Grant-giving organization: Yes