Overview
What is The Vincent Club Inc?
The Vincent Club Inc, located at 71 Brimmer Street, Boston, MA 02108, is a dedicated women's organization with a mission to support the health and well-being of women. They accomplish this by organizing fundraising and educational events throughout the year, with the proceeds benefiting women's health at Massachusetts General Hospital. Their activities are centered around fostering friendships and connections among its members, making it more than just an organization; it's a community that shares a common goal. With a modest team of one dedicated individual, The Vincent Club Inc plays a significant role in uplifting women's health in the Boston area.
Official website here: www.thevincentclub.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Vincent Club Inc has earned a Three-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. The charity achieved an impressive 100% score for having a majority of independent board members, highlighting its commitment to governance and oversight. Financially, the organization has demonstrated effective management, particularly with an excellent liabilities to assets ratio of 10.69%, indicating sound financial health.
However, the organization faces some limitations, particularly regarding its whistleblower policy, which is currently missing. This absence could be a concern for transparency and employee protection, though it has maintained a strong score in other governance areas. Additionally, while the program expense ratio is respectable at 63.13%, there is room for improvement to ensure a higher percentage of funds are directed towards its programs.
Overall, The Vincent Club Inc shows robust accountability practices and financial stability, making it a reliable option for potential donors. Addressing the noted weaknesses could further enhance its reputation and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is The Vincent Club Inc legitimate?
The Vincent Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Vincent Club Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $62,781
For more financial information, click here
Official website here: www.thevincentclub.org
What is the mission statement of The Vincent Club Inc?
The Vincent Club Inc is an organization committed to supporting the health and well-being of women. Its mission is carried out through educational forums and fundraising activities, primarily benefiting Massachusetts General Hospital. The organization's central focus is fostering friendships among its members, which is a significant aspect of its mission. The Vincent Club raises funds for women's health initiatives at Massachusetts General Hospital by organizing various fundraising and educational events throughout the fiscal year.
Official website here: www.thevincentclub.org
Who is the CEO of The Vincent Club Inc?
Karen Cosgrove is the President (2021-2023) of The Vincent Club Inc.
Official website here: www.thevincentclub.org
What is the revenue of The Vincent Club Inc?
The Vincent Club Inc's revenue in 2022 was $703,609.
Official website here: www.thevincentclub.org
Who are the executives of The Vincent Club Inc and what are their salaries?
The average compensation at The Vincent Club Inc during 2022 was $62,781. There is 1 employee and 200 volunteers at The Vincent Club Inc.
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Official website here: www.thevincentclub.org
Where can I find the form 990 for The Vincent Club Inc?
The Vincent Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thevincentclub.org
Learn more at the official website: www.thevincentclub.org
Mission Statement of The Vincent Club Inc
The Vincent Club Inc is a women's organization dedicated to supporting the health and well-being of women. At the heart of its mission is the hosting of educational forums and fundraising activities, with a primary focus on raising funds for women's health at Massachusetts General Hospital. This organization places significant importance on fostering friendships that stem from these initiatives, considering it a central aspect of its mission. The Vincent Club Inc achieves this by organizing a series of fundraising and educational events throughout the fiscal year, thereby contributing to the betterment of women's health.
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Impact
July, 2024
The Vincent Club Inc's impact is centered around supporting the health and well-being of women, particularly through fundraising and educational events for Massachusetts General Hospital. The organization plays a crucial role in raising funds that directly benefit women's health initiatives at the hospital. By fostering friendships and connections within its community, The Vincent Club helps to create a supportive environment for women's health advocacy and resources. The organization's dedication to this cause contributes significantly to the overall improvement of women's health outcomes.
This information is meant to be a general summary of The Vincent Club Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $84,436
- Program Service Revenue: $183,866
- Gross Receipts: $724,614
Assets and Liabilities:
- Total Assets: $3,039,540
- Total Liabilities: $326,089
- Net Assets: $2,713,451
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SYMPOSIUM
Revenue
$117,856
SPRING GALA
Revenue
$43,175
MEMBER EVENTS
Revenue
$22,835
Organization Details
Founding Year
1957
Phone
(617) 523-3900Principal Officer
Karen Cosgrove
Main Address
71 BRIMMER STREET, BOSTON, MA, 02108
Website
www.thevincentclub.orgNTEE Category
Code: E112 - Health
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