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CHARITY REVIEW
Issued: July 2024 Expires: July 2026

Carter Burden Network

Accredited Charity
Accredited Charity

Meets Standards

Accreditation seal
415 E 73rd St
New York, NY, 10021-3827

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Carter Burden Network meets the 20 Standards for Charity Accountability.

Stated Purpose:
The Carter Burden Network (CBN) promotes the wellbeing of seniors 60 and older through a continuum of services, advocacy, arts and culture, health and wellness, and volunteer programs, all oriented to individual, family, and community needs. We are dedicated to supporting the efforts of older people to live safely and with dignity.

Year, State Incorporated:
1971, NY

For the year ended June 30, 2023, Carter Burden Network's program expenses were:

Programs $7,886,426
Total Program Expenses $7,886,426

Chief Executive
William Dionne, Executive Director

Compensation*
$325,746

Chair of the Board
Jeffrey A Weber, Community Volunteer

Chair's Profession / Business Affiliation

Board Size
22

Paid Staff Size
79

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

Method(s) Used:
Telephone appeals, Invitations to fund raising events, Grant proposals, Internet, Planned giving arrangements, Appeals via Social Media (Facebook, etc.)

% of Related Contributions on Fundraising: 7.25%

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.

The following information is based on Carter Burden Network's audited financial statements for the year ended June 30, 2023.

Source of Funds
Government Grants $5,685,694
In-Kind Contributions $1,843,599
Investment Return $904,847
Contributions $696,423
Fundraising Events $528,720
Program Service Revenue $126,698
Total Income $9,785,981

Programs: 82% Fundraising: 7% Administrative: 11%

Total Income $9,785,981
Total expenses: $9,601,823
  Program expenses $7,886,426
  Fundraising expenses $634,863
  Administrative expenses $1,080,534
  Other expenses $0
Income in Excess of Expenses $184,158
Beginning Net Assets $12,233,138
Other Changes In Net Assets $0
Ending Net Assets $12,417,296
Total Liabilities $4,575,106
Total Assets $16,992,402

An organization may change its practices at any time without notice. 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. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB Foundation of Metropolitan New York