Overview
What is Parker Jewish Institute For Health Care And Rehabilitation Foundation?
The Parker Jewish Institute for Health Care and Rehabilitation Foundation is a nonprofit organization situated in New Hyde Park, New York. Its primary mission is to support and benefit the Parker Jewish Institute for Health Care and Rehabilitation, as well as any organizations operating in its aid. The organization is actively engaged in donating funds to local nonprofits with similar objectives, contributing to their causes. With a modest workforce of five employees, it seeks to strengthen and enhance the operations and impact of its beneficiary institutions.
Official website here: www.parkerinstitute.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, earning it a Two-Star out of Four Star rating.
The Parker Jewish Institute for Health Care and Rehabilitation Foundation has received a Two-Star rating from Charity Navigator, indicating some concerns regarding its financial management and program efficiency. While the organization scores well in governance areas, such as having a fully independent board and comprehensive policies in place, its program expense ratio is relatively low at 50.79%, suggesting that a smaller portion of its expenses is directed toward its mission-related programs.
Strengths include a strong commitment to governance, as evidenced by its perfect scores for independent board members and rigorous financial oversight. The organization has effectively implemented essential policies regarding conflicts of interest, whistleblowing, and document retention, which contribute to a transparent operational framework. However, the low program expense ratio raises questions about the overall impact of its expenditures on the community it serves.
The foundation has demonstrated accountability in other areas, with no material diversion of assets reported and a healthy liabilities to assets ratio of 0.45%. Despite these positives, the concerns regarding the allocation of funds towards programs indicate that there may be room for improvement in maximizing the effectiveness of its charitable efforts.
This AI summary has been generated from information found on Charity Navigator.
Is Parker Jewish Institute For Health Care And Rehabilitation Foundation legitimate?
Parker Jewish Institute For Health Care And Rehabilitation Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parker Jewish Institute For Health Care And Rehabilitation Foundation 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: $325,320
Other Salaries and Wages: $350,145
For more financial information, click here
Official website here: www.parkerinstitute.org
What is the mission statement of Parker Jewish Institute For Health Care And Rehabilitation Foundation?
The mission of Parker Jewish Institute For Health Care And Rehabilitation Foundation is centered around supporting and benefiting the Parker Jewish Institute for Health Care and Rehabilitation, as well as any organizations operating with a similar purpose. The foundation's primary objective is to contribute to these institutions, thereby aiding them in achieving their respective missions. In addition, the organization has been known to grant donations to local nonprofits with similar objectives to the Parker Jewish Institute, in an effort to strengthen their missions.
Official website here: www.parkerinstitute.org
Who is the CEO of Parker Jewish Institute For Health Care And Rehabilitation Foundation?
Michael Rosenblut is the President/Ceo of Parker Jewish Institute For Health Care And Rehabilitation Foundation. The CEO's salary of Parker Jewish Institute For Health Care And Rehabilitation Foundation is $0 and their total compensation is $2,070,197.
Official website here: www.parkerinstitute.org
What is the revenue of Parker Jewish Institute For Health Care And Rehabilitation Foundation?
Parker Jewish Institute For Health Care And Rehabilitation Foundation's revenue in 2022 was $5,035,460.
Official website here: www.parkerinstitute.org
Who are the executives of Parker Jewish Institute For Health Care And Rehabilitation Foundation and what are their salaries?
The average compensation at Parker Jewish Institute For Health Care And Rehabilitation Foundation during 2022 was $70,029. There are 5 employees and 15 volunteers at Parker Jewish Institute For Health Care And Rehabilitation Foundation.
Here are 18 key members and their salaries (Parker Jewish Institute For Health Care And Rehabilitation Foundation's CEO's salary is $0 and their total compensation is $2,070,197):
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- Related: $1,951,820
- Other: $118,377
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- Related: $850,948
- Other: $92,097
- Compensation: $256,229
- Related: $0
- Other: $63,271
Official website here: www.parkerinstitute.org
Where can I find the form 990 for Parker Jewish Institute For Health Care And Rehabilitation Foundation?
Parker Jewish Institute For Health Care And Rehabilitation Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.parkerinstitute.org
Learn more at the official website: www.parkerinstitute.org
Mission Statement of Parker Jewish Institute For Health Care And Rehabilitation Foundation
The Parker Jewish Institute for Health Care and Rehabilitation Foundation's mission is centered around supporting and benefiting the Parker Jewish Institute for Health Care and Rehabilitation, as well as any organizations operating for its benefit. This nonprofit organization aims to contribute financially to other local nonprofits that share similar purposes to the Parker Jewish Institute, thereby supporting their respective missions. By doing so, the Parker Jewish Institute for Health Care and Rehabilitation Foundation extends its reach and impact beyond its own boundaries, contributing to the broader health care and rehabilitation sector.
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Impact
July, 2024
The Parker Jewish Institute For Health Care And Rehabilitation Foundation's impact is significant in supporting and benefitting the Parker Jewish Institute for Health Care and Rehabilitation in New Hyde Park, NY. The foundation awards donations to other local organizations with similar purposes to support their missions, ultimately contributing to the improvement of healthcare and rehabilitation services in the community.
This information is meant to be a general summary of Parker Jewish Institute For Health Care And Rehabilitation Foundation. 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: $4,695,949
- Gross Receipts: $16,747,897
Assets and Liabilities:
- Total Assets: $41,992,748
- Total Liabilities: $189,311
- Net Assets: $41,803,437
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Organization Details
Founding Year
1991
Phone
(718) 289-2100Principal Officer
Michael Rosenblut
Main Address
271-11 76TH AVENUE, NEW HYDE PARK, NY, 110401433
Website
www.parkerinstitute.orgNTEE Category
Code: E110 - Health
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