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The New York Academy Of Medicine

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 131656674 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is The New York Academy Of Medicine?

The New York Academy of Medicine, a nonprofit organization situated in New York City, is dedicated to addressing barriers preventing individuals from leading healthy lives. By generating necessary knowledge, they aim to transform systems that hinder access to essential resources such as affordable housing, nutritious food, healthcare, and more. The organization engages with a wide audience through public events, symposiums for health professionals, and a community of passionate members. Their mission is to drive progress towards health equity, and they accomplish this by partnering with community organizations, health departments, philanthropic organizations, healthcare providers, and researchers to plan, assess, and strengthen programs focused on health and well-being. Their work includes evaluation services, research on income and food security, and conducting community health needs assessments. With a team of 75 employees, The New York Academy of Medicine strives to contribute to health equity and maximize health for all.


Official website here: www.nyam.org

What are the reviews and ratings of this charity?

The New York Academy Of Medicine receives a high rating from Charity Navigator, scoring 98% and earning a Four-Star out of Four Star rating. This score emphasizes the organization's strong performance in accountability and financial management, covering aspects like having a fully independent board, no material diversion of assets, and thorough financial oversight.

Key strengths of the organization include its transparent financial practices and commitment to accountability, reflected in full marks for its audit committee and financial statement practices. The Program Expense Ratio and Fundraising Efficiency Ratio are commendable, suggesting effective allocation of resources towards its mission and cost-effective fundraising efforts. However, the organization's impact on the community, adaptability, and cultural practices have not been evaluated, which may limit insights into those areas.

The lack of reviews from GreatNonprofits means we don't have direct user feedback on the nonprofit’s community impact and stakeholder engagement. Potential donors might consider this information gap when making decisions, but the strong financial and accountability ratings suggest reliable governance and management.


This AI summary has been generated from information found on Charity Navigator.

Is The New York Academy Of Medicine legitimate?

The New York Academy Of Medicine is a legitimate nonprofit organization registered as a 501(c)(3) entity. The New York Academy Of Medicine 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: $1,922,348
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,844,514

For more financial information, click here


Official website here: www.nyam.org

What is the mission statement of The New York Academy Of Medicine?

The New York Academy of Medicine (NYAM) aims to drive progress towards improved health by attaining health equity. It tackles the barriers preventing individuals from living a healthy life, focusing on issues such as safe and affordable housing, healthy food, and healthcare access. Through its high-profile programming, symposia for health professionals, and dedicated fellows and members, NYAM engages individuals who share its values in advancing health equity, with the ultimate goal of maximizing health for all.

The Center for Evaluation and Applied Research (CEAR), a division of NYAM, collaborates with various organizations to plan, assess, and strengthen programs focused on health and well-being. CEAR incorporates community perspectives into program development, assessment, and decision-making, and builds and disseminates evidence on strategies to improve healthcare and related services. The center provides research and evaluation training and technical assistance to organizations and institutions, aiming to enhance their capacity to self-assess and respond to community needs. CEAR's projects encompass evaluating worksite wellness initiatives, examining policies and practices affecting income and food security for low-income families, and conducting community health needs assessments for hospitals.


Official website here: www.nyam.org

Who is the CEO of The New York Academy Of Medicine?

Ann Kurth is the Principal Officer of The New York Academy Of Medicine.


Official website here: www.nyam.org

What is the revenue of The New York Academy Of Medicine?

The New York Academy Of Medicine's revenue in 2022 was $11,435,093.


Official website here: www.nyam.org

Who are the executives of The New York Academy Of Medicine and what are their salaries?

The average compensation at The New York Academy Of Medicine during 2022 was $90,225. There are 75 employees and 23 volunteers at The New York Academy Of Medicine.


Here are 32 key members and their salaries:


Judith A Salerno Md (President Thru Sep 2022)
  • Compensation: $477,207
  • Related: $0
  • Other: $31,055
Wayne J Riley Md (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Flynn Ms (Chair Emeritus/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark L Wagar (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles N Bertolami Dds (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Damonti Msw (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martine Ferland (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elsa-Grace V Giardina Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc D Grodman Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julian Harris Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia Iyasere Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mia Jung Mba (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark N Kaplan Esq (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer H Mieres Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip O Ozuah Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Park Md (Trustee Thru May 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elena Rios Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janis Smith-Gomez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul P Tanico Jd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave A Chokshi Md (Ex-Officio Thru Mar 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara A Green (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashwin Vasan Md (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Freda K Gimpel (Svp Finance & Administration)
  • Compensation: $319,334
  • Related: $0
  • Other: $48,650
Lori Frank (Svp Research)
  • Compensation: $218,339
  • Related: $0
  • Other: $27,791
Miguel A Perez (Svp Public Engagement)
  • Compensation: $293,821
  • Related: $0
  • Other: $61,944
Nancy Clayman (Director, Development)
  • Compensation: $193,715
  • Related: $0
  • Other: $25,898
Stephen W Paul (Director, Finance)
  • Compensation: $182,263
  • Related: $0
  • Other: $42,331
Paul H Theerman (Director, Library)
  • Compensation: $186,255
  • Related: $0
  • Other: $11,830
Gina Ravosa (Director, Communications)
  • Compensation: $165,882
  • Related: $0
  • Other: $21,292
Sejal Gandhi Director (Education & Conference Center)
  • Compensation: $164,988
  • Related: $0
  • Other: $22,119
Linda Weiss (Director, Evaluation)
  • Compensation: $161,906
  • Related: $0
  • Other: $15,033
Jacqueline Bonilla De Montero (Director, Human Resources)
  • Compensation: $152,884
  • Related: $0
  • Other: $36,333


Official website here: www.nyam.org

Where can I find the form 990 for The New York Academy Of Medicine?

The New York Academy Of Medicine's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nyam.org

Learn more at the official website: www.nyam.org

Mission Statement of The New York Academy Of Medicine

The New York Academy of Medicine, a prominent organization, is dedicated to addressing the barriers that hinder individuals from leading healthy lives. By generating the necessary knowledge, they aim to transform the systems that prevent people from accessing essential resources such as affordable housing, nutritious food, healthcare, and more. The Academy's mission is to drive progress towards improved health and health equity, ensuring that every individual has the opportunity to maximize their health potential.

The organization achieves its mission through various initiatives. One of its key strategies is engaging with community organizations, healthcare providers, research institutions, and philanthropic organizations to plan, assess, and strengthen programs focused on health and well-being. They incorporate community perspectives into program development, assessment, and decision-making, and disseminate research on strategies to improve healthcare services and address the structural, social, economic, and environmental factors that impact health. The organization provides research and evaluation training and technical assistance to organizations to build their internal capacity, enabling them to self-assess, document their accomplishments, improve programs, and respond to community needs effectively.

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Impact




July, 2024

The New York Academy of Medicine, with its Center for Evaluation and Applied Research, focuses on addressing the barriers that prevent individuals from living a healthy life. By generating knowledge and engaging in high-profile programming for the public and specialized symposia for health professionals, NYAM is dedicated to advancing health equity and maximizing health for all. Through partnerships with various organizations, research initiatives, and community needs assessments, NYAM works towards driving progress towards improved health and attaining health equity in New York City and beyond.




This information is meant to be a general summary of The New York Academy Of Medicine. 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.

Revenue
$11,435,093 (2022)
Expenses
$12,279,581 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,091,268
  • Program Service Revenue: $1,622,684
  • Gross Receipts: $14,475,744

Assets and Liabilities:

  • Total Assets: $66,893,539
  • Total Liabilities: $2,485,732
  • Net Assets: $64,407,807

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EDUCATION CONFERENCE CENTER FEES

Revenue

$1,404,975

MEMBERSHIP DUES & ASSESSMENTS

Revenue

$164,800

LIBRARY FEES

Revenue

$52,909

Organization Details

Founding Year

1851

Principal Officer

Ann Kurth

Main Address

1216 FIFTH AVENUE, NEW YORK, NY, 100295205

NTEE Category

Code: E050 - Health

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