Overview
What is Hasc Transportation Corp?
Hasc Transportation Corp is a nonprofit organization situated in Brooklyn, New York, specifically at 5601 1ST AVENUE. Their primary mission is to offer safe and stress-free transportation services for individuals with special needs to various educational and institutional facilities. With a dedicated workforce of 25 employees, Hasc Transportation Corp strives to ensure a comfortable journey for those in need, contributing positively to their daily lives.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 79% (Three-Star out of Four Star Rating)
Hasc Transportation Corp has achieved a solid Three-Star rating on Charity Navigator, indicating a reliable level of accountability and financial health. The organization has demonstrated strong governance practices, with a fully independent board and no material diversion of assets. This transparency is further supported by thorough policies on conflict of interest, whistleblower protections, and document retention.
Financially, Hasc Transportation Corp has a commendable program expense ratio of 89.81%, meaning that a significant majority of its expenses directly support its programs. This suggests that the organization is efficiently using its resources to fulfill its mission. Additionally, the organization's liabilities to assets ratio is strong, reflecting a sound financial structure.
While the organization has notable strengths, the rating indicates that there may be areas for improvement that could elevate their score. However, the current rating signifies a stable and responsible nonprofit, dedicated to its mission through effective governance and financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Hasc Transportation Corp legitimate?
Hasc Transportation Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hasc Transportation Corp 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: $53,099
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Hasc Transportation Corp?
Hasc Transportation Corp's mission is centered around providing transportation services primarily for individuals with special needs. They strive to ensure that this transportation is safe and devoid of stress. Their primary focus is on transporting these individuals to and from various educational and other institutions. This service is designed to create a comfortable environment for the individuals, thereby enhancing their overall experience.
What is the revenue of Hasc Transportation Corp?
Hasc Transportation Corp's revenue in 2023 was $1,434,393.
Who are the executives of Hasc Transportation Corp and what are their salaries?
The average compensation at Hasc Transportation Corp during 2023 was $1,831. There are 29 employees at Hasc Transportation Corp.
Here are 14 key members and their salaries:
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- Compensation: $23,494
- Related: $334,265
- Other: $104,492
- Compensation: $22,095
- Related: $149,668
- Other: $30,644
Where can I find the form 990 for Hasc Transportation Corp?
Hasc Transportation Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hasc Transportation Corp
Hasc Transportation Corp, a nonprofit organization, is dedicated to providing transportation primarily for individuals with special needs. This mission is carried out with the aim of ensuring that these individuals can safely and comfortably travel to and from various educational and other institutions. The corporation's main objective is to create an environment that is devoid of stress for these individuals, making their journeys as smooth as possible.
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Impact
July, 2024
Hasc Transportation Corp plays a crucial role in providing transportation services for special needs individuals in Brooklyn, NY. By ensuring safe and non-stressful transportation to various educational and other institutions, this organization directly contributes to the well-being and access to essential services for this vulnerable population. Their impact can be seen in the improved quality of life and increased opportunities for those they serve, enabling them to participate in educational and community activities that might otherwise be challenging to access. Through their commitment to serving special needs individuals, Hasc Transportation Corp makes a significant difference in the lives of those who rely on their transportation services.
This information is meant to be a general summary of Hasc Transportation Corp. 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 2023.
- Investment Income: $8
- Program Service Revenue: $1,200,000
- Gross Receipts: $1,434,393
Assets and Liabilities:
- Total Assets: -$29,529
- Total Liabilities: $352,875
- Net Assets: -$382,404
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRANSPORTATION FEES
Revenue
$1,200,000
Organization Details
Founding Year
1997
Principal Officer
Samuel Kahn
NTEE Category
Code: P52 - Human services
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