Overview
What is Northern Metropolitan Foundation For Health Care Inc?
Northern Metropolitan Foundation For Health Care Inc, located at 2000 Fountainview Drive, Monsey, NY 10952, is a nonprofit organization with a mission to support and promote qualifying religious charitable and educational activities. It is affiliated with Chevra Liaday Nusach Hoary, a religious organization, serving as its sole member within the Northern Foundation. The organization, with a workforce of four, aims to benefit and advance these activities, contributing to their overall growth and development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1-Star out of Four Stars (50%)
The Northern Metropolitan Foundation For Health Care Inc has received a low rating of 50%, indicating concerns with its overall accountability and financial practices. While the organization scores well in governance with 100% independent board members and a strong audit oversight committee, significant issues in financial efficiency are apparent.
Specifically, the foundation's program expense ratio is very low at 1.62%, suggesting that a minimal portion of its budget is being directed toward its programs, which raises questions about its effectiveness and impact in the community. Additionally, the liabilities to assets ratio of 71.64% signals potential financial instability, which could affect its sustainability and ability to fulfill its mission.
Despite its strong governance practices, including documented board meeting minutes and established conflict of interest and whistleblower policies, the financial management weaknesses are a serious concern. This combination leads to an overall perception of inefficiency, highlighting the need for improvement in directing funds toward meaningful programs and services.
This AI summary has been generated from information found on Charity Navigator.
Is Northern Metropolitan Foundation For Health Care Inc legitimate?
Northern Metropolitan Foundation For Health Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northern Metropolitan Foundation For Health Care 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: $1,102,187
Professional Fundraising Fees: $0
Other Salaries and Wages: $47,019
For more financial information, click here
What is the mission statement of Northern Metropolitan Foundation For Health Care Inc?
The Northern Metropolitan Foundation for Health Care Inc is committed to supporting and enhancing qualifying religious charitable and educational activities. This organization aims to benefit and promote these activities conducted by or in connection with Chevra Liaday Nusach Hoary, a religious organization. Their mission is to back this religious organization, contributing to its charitable and educational endeavors. The foundation's purpose is to advance these causes, contributing to the betterment of the community.
Who is the CEO of Northern Metropolitan Foundation For Health Care Inc?
Rabbi Simon Lauber is the Secretary of Northern Metropolitan Foundation For Health Care Inc.
What is the revenue of Northern Metropolitan Foundation For Health Care Inc?
Northern Metropolitan Foundation For Health Care Inc's revenue in 2022 was $1,609,343.
Who are the executives of Northern Metropolitan Foundation For Health Care Inc and what are their salaries?
The average compensation at Northern Metropolitan Foundation For Health Care Inc during 2022 was $287,302. There are 4 employees and 2 volunteers at Northern Metropolitan Foundation For Health Care Inc.
Here are 16 key members and their salaries:
- Compensation: $562,231
- Related: $0
- Other: $135,000
- Compensation: $307,356
- Related: $0
- Other: $56,600
- Compensation: $5,500
- Related: $0
- Other: $0
- Compensation: $5,500
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $4,000
- Related: $0
- Other: $0
- Compensation: $4,000
- Related: $0
- Other: $0
- Compensation: $4,000
- Related: $0
- Other: $0
- Compensation: $4,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $2,000
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Northern Metropolitan Foundation For Health Care Inc?
Northern Metropolitan Foundation For Health Care Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Northern Metropolitan Foundation For Health Care Inc
Northern Metropolitan Foundation for Health Care Inc is committed to advancing and supporting qualifying religious charitable and educational activities. This nonprofit organization aims to contribute positively to these initiatives conducted by or in association with Chevra Liaday Nusach Hoary, a religious organization, which is its sole member. By providing support and promoting these activities, Northern Metropolitan Foundation for Health Care Inc plays a crucial role in enriching the community and contributing to its spiritual and educational growth.
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Impact
July, 2024
Northern Metropolitan Foundation For Health Care Inc's impact is focused on benefiting, promoting, and supporting qualifying religious charitable and educational activities conducted by or in connection with Chevra Liady Nusach Hoary, a religious organization and the sole member of Northern Foundation. Their efforts are concentrated on advancing health-related initiatives within their community in Monsey, NY, ultimately aiming to enhance the overall well-being and quality of life for individuals through their charitable and educational endeavors.
This information is meant to be a general summary of Northern Metropolitan Foundation For Health Care 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: $34,573
- Program Service Revenue: $1,574,770
- Gross Receipts: $1,609,343
Assets and Liabilities:
- Total Assets: $16,885,908
- Total Liabilities: $12,098,471
- Net Assets: $4,787,437
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CORPORATE SERVICES
Revenue
$1,574,770
Organization Details
Founding Year
1986
Phone
(845) 356-9880Principal Officer
Rabbi Simon Lauber
Main Address
2000 FOUNTAINVIEW DRIVE, MONSEY, NY, 10952
NTEE Category
Code: E110 - Health
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