Overview
What is Heartshare Wellness Ltd?
Heartshare Wellness Ltd is a nonprofit organization situated in Brooklyn, New York, specifically at 330 Jay Street, 29th Floor. Their primary mission is to offer high-quality long-term therapy services, encompassing both habilitative and rehabilitative care, for individuals experiencing intellectual and developmental disabilities (I/DD). Throughout the year, they have provided healthcare services to 359 patients through their Article 16 clinics. With a dedicated workforce of 21 employees, Heartshare Wellness Ltd is committed to addressing the unique health care needs of those with I/DD, contributing positively to their well-being and overall development.
Official website here: www.heartsharewellness.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, earning a Two-Star out of Four Star rating
Heartshare Wellness Ltd has received a rating of 71% from Charity Navigator, indicating a moderate level of accountability and financial health. The organization has demonstrated strong governance practices, with a fully independent board and effective oversight mechanisms in place. It has also excelled in areas such as conflict of interest and whistleblower policies, suggesting a commitment to ethical standards.
Despite these strengths, there are notable limitations in the organization's financial performance. The program expense ratio is at 59.60%, which may raise questions about the efficiency of its resource allocation towards programs. Additionally, the liabilities to assets ratio stands at 66.66%, indicating a significant level of liabilities relative to its assets, which could impact its financial stability in the long term.
Moreover, Heartshare Wellness Ltd has failed to post its tax form on its website, which is a requirement for transparency. This omission may detract from the trust of donors and stakeholders who seek to review the organization's financial practices. Overall, while Heartshare Wellness Ltd shows promise in governance, its financial management aspects require attention to improve its rating and stakeholder confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Heartshare Wellness Ltd legitimate?
Heartshare Wellness Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heartshare Wellness Ltd 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: $14,418
Professional Fundraising Fees: $0
Other Salaries and Wages: $531,575
For more financial information, click here
Official website here: www.heartsharewellness.org
What is the mission statement of Heartshare Wellness Ltd?
Heartshare Wellness Ltd's mission is centered around providing top-notch, long-term therapy services for individuals with intellectual and developmental disabilities (I/DD). Their mission, as stated, involves offering both habilitative and rehabilitative services through their Article 16 clinics, aiming to meet the healthcare needs of these individuals. This year, 359 patients have benefited from these services offered by Heartshare Wellness Ltd.
Official website here: www.heartsharewellness.org
Who is the CEO of Heartshare Wellness Ltd?
Dawn W Valentine-Saffayeh is the CEO of Heartshare Wellness Ltd The CEO's salary of Heartshare Wellness Ltd is $0 and their total compensation is $363,253.
Official website here: www.heartsharewellness.org
What is the revenue of Heartshare Wellness Ltd?
Heartshare Wellness Ltd's revenue in 2023 was $903,950.
Official website here: www.heartsharewellness.org
Who are the executives of Heartshare Wellness Ltd and what are their salaries?
The average compensation at Heartshare Wellness Ltd during 2023 was $36,400. There are 15 employees and 8 volunteers at Heartshare Wellness Ltd.
Here are 10 key members and their salaries (Heartshare Wellness Ltd's CEO's salary is $0 and their total compensation is $363,253):
- Compensation: $0
- Related: $321,136
- Other: $42,117
- Compensation: $14,817
- Related: $156,862
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.heartsharewellness.org
Where can I find the form 990 for Heartshare Wellness Ltd?
Heartshare Wellness Ltd's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.heartsharewellness.org
Learn more at the official website: www.heartsharewellness.org
Mission Statement of Heartshare Wellness Ltd
Heartshare Wellness Ltd, a nonprofit organization, is committed to delivering top-notch long-term therapy services, both habilitative and rehabilitative, for individuals with intellectual and developmental disabilities (I/DD). Their mission is to establish therapy programs, as outlined in Article 16 clinics, specifically tailored to address the healthcare needs of these individuals. By offering these services, Heartshare Wellness Ltd aims to enhance the quality of life and promote the overall well-being of individuals with I/DD. This year, the organization has served 359 patients through its Article 16 clinics, demonstrating its dedication to fulfilling its mission and making a positive impact on the lives of those in need.
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Impact
July, 2024
Heartshare Wellness Ltd's impact can be seen through their provision of the highest quality long-term therapy services for individuals with intellectual and developmental disabilities. In the city of Brooklyn, NY, this organization has served 359 patients through their Article 16 clinics during the past year. By focusing on healthcare services tailored to the specific needs of individuals with I/DD, Heartshare Wellness Ltd is making a meaningful difference in the lives of those they serve. Their commitment to enhancing the well-being and quality of life for this vulnerable population is evident in their dedicated mission and service offerings.
This information is meant to be a general summary of Heartshare Wellness Ltd. 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: $23,103
- Program Service Revenue: $797,228
- Gross Receipts: $980,053
Assets and Liabilities:
- Total Assets: $6,442,230
- Total Liabilities: $3,627,543
- Net Assets: $2,814,687
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICES
Revenue
$797,228
Organization Details
Founding Year
2000
Principal Officer
Dawn W Valentine-Saffayeh
Website
www.heartsharewellness.orgNTEE Category
Code: E24 - Health
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