Overview
What is Brooklyn United Methodist Health Services Foundation Inc?
Brooklyn United Methodist Health Services Foundation Inc, established in 1997, is a philanthropic organization based in Brooklyn, New York. Its primary mission is to support exempt organizations providing services to the elderly. In 2022, the foundation extended its aid to Brooklyn United Methodist Church Home. The foundation's purpose is to raise funds for nursing homes and organizations within New York State, which meet the criteria of being exempt organizations under Section 501(C)(3) of the Internal Revenue Code, excluding private foundations. The foundation's board of directors manages the distribution of these funds to benefit the elderly and other individuals in need.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
Brooklyn United Methodist Health Services Foundation Inc demonstrates strong performance in accountability and finance, achieving a perfect score in these areas. The organization has an independent board comprised entirely of ten members, ensuring sound governance. Additionally, there are no reported material diversions of assets, which indicates a high level of financial integrity.
The foundation has effectively implemented several policies, including conflict of interest, whistleblower, and document retention policies, all of which were marked as compliant. Financially, the organization shows a strong program expense ratio of 79.13%, indicating that the majority of its expenses are directed towards its programs rather than administrative costs. With a low liabilities to assets ratio of 2.70%, it reflects solid financial health.
Overall, the foundation's high rating signifies a strong commitment to transparency and responsible management of resources. However, while the financial and governance aspects are robust, the summary does not provide insights into the organization’s impact or effectiveness in meeting its mission, which is a key component for evaluating nonprofit performance.
This AI summary has been generated from information found on Charity Navigator.
Is Brooklyn United Methodist Health Services Foundation Inc legitimate?
Brooklyn United Methodist Health Services Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brooklyn United Methodist Health Services Foundation 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: $0
For more financial information, click here
Official website here: www.none
What is the mission statement of Brooklyn United Methodist Health Services Foundation Inc?
The Brooklyn United Methodist Health Services Foundation, established in September 1997, seeks philanthropic support for various exempt organizations within New York State that provide services to or benefit the elderly and other individuals. These organizations must qualify as 501(c)(3) entities under the Internal Revenue Code and not be classified as private foundations under sections 509(a)(1) or (2). The foundation's role is to grant funds to these organizations, overseen by its board of directors, to support their operations and initiatives. The foundation's primary objective is to contribute to the well-being of these individuals in need.
Official website here: www.none
Who is the CEO of Brooklyn United Methodist Health Services Foundation Inc?
Sandra Pitterson-Cohen is the President of Brooklyn United Methodist Health Services Foundation Inc. The CEO's salary of Brooklyn United Methodist Health Services Foundation Inc is $0 and their total compensation is $445,196.
Official website here: www.none
What is the revenue of Brooklyn United Methodist Health Services Foundation Inc?
Brooklyn United Methodist Health Services Foundation Inc's revenue in 2022 was $49,006.
Official website here: www.none
Who are the executives of Brooklyn United Methodist Health Services Foundation Inc and what are their salaries?
There 10 volunteers at Brooklyn United Methodist Health Services Foundation Inc.
Here are 12 key members and their salaries (Brooklyn United Methodist Health Services Foundation Inc's CEO's salary is $0 and their total compensation is $445,196):
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- Related: $345,113
- Other: $100,083
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- Related: $277,023
- Other: $80,336
Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Brooklyn United Methodist Health Services Foundation Inc
Brooklyn United Methodist Health Services Foundation, established in September 1997, is a philanthropic organization with a mission to secure financial support for various exempt organizations under Section 501(C)(3) of the Internal Revenue Code, within New York State. These organizations, excluding private foundations under Section 509(A)(1) or (2), provide services to or benefit the elderly and other individuals. The foundation, overseen by its Board of Directors, grants funds to these organizations for their ongoing operations. The primary purpose of Brooklyn United Methodist Health Services Foundation is to contribute to the well-being of vulnerable populations, particularly the elderly, through the support of eligible organizations.
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Impact
August, 2024
Brooklyn United Methodist Health Services Foundation Inc's impact is centered around providing support to exempt organizations that offer services to the elderly. Through their philanthropic efforts, they contribute to the well-being and care of elderly individuals, ensuring they receive necessary support and services. In 2022, the organization provided financial support to Brooklyn United Methodist Church Home, showcasing their commitment to assisting organizations that benefit the elderly community.
This information is meant to be a general summary of Brooklyn United Methodist Health Services Foundation 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: $9,518
- Gross Receipts: $49,006
Assets and Liabilities:
- Total Assets: $775,404
- Total Liabilities: $21,001
- Net Assets: $754,403
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Organization Details
Founding Year
1997
Phone
(718) 827-4500Principal Officer
Sandra Pitterson-Cohen
Main Address
1485 DUMONT AVENUE, BROOKLYN, NY, 11208
Website
www.noneNTEE Category
Code: X112 - Religion related
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