Overview
What is Charles B Wang Community Health Center Inc?
Charles B Wang Community Health Center Inc is a nonprofit organization situated at 268 Canal Street, New York, NY 10013. With a staff of 670 individuals, they provide top-notch and affordable healthcare services to underserved communities, with a particular focus on Asian Americans. The organization managed over 268,541 visits in 2022 through its federally qualified health center. Their mission is dedicated to enhancing the overall well-being of their diverse population, ensuring equitable access to essential healthcare resources.
Official website here: www.cbwchc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Stars)
Charles B Wang Community Health Center Inc has received an impressive Four-Star rating from Charity Navigator, highlighting its strong performance in accountability and finance. This high score reflects the organization's commitment to transparency and effective financial management, with a perfect score in key governance areas such as having a fully independent board and robust oversight practices.
The organization demonstrates a high program expense ratio of 85.24%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, its strong score in areas like conflict of interest policies and document retention shows a commitment to ethical operations and good governance.
However, there is a slight concern regarding the liabilities to assets ratio, which stands at 53.45%. While this is still a favorable position, it suggests that the organization has a moderate level of liabilities compared to its assets, which could be worth monitoring in the long term. Overall, the Charles B Wang Community Health Center Inc showcases commendable financial stewardship and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Charles B Wang Community Health Center Inc legitimate?
Charles B Wang Community Health Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charles B Wang Community Health Center 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: $2,082,186
Professional Fundraising Fees: $0
Other Salaries and Wages: $40,995,524
For more financial information, click here
Official website here: www.cbwchc.org
What is the mission statement of Charles B Wang Community Health Center Inc?
The Charles B Wang Community Health Center Inc is dedicated to delivering top-notch and affordable healthcare services to underprivileged communities, with a particular emphasis on Asian Americans. Their mission is to ensure everyone, regardless of their economic status, receives essential healthcare. In 2022, the organization served a total of 268,541 visits through its federally qualified health center. By providing comprehensive healthcare, the center strives to improve the overall well-being of the underserved population and bridge health disparities within the community.
Official website here: www.cbwchc.org
Who is the CEO of Charles B Wang Community Health Center Inc?
Kaushal Challa is the Board Member of Charles B Wang Community Health Center Inc. The CEO's salary of Charles B Wang Community Health Center Inc is $427,440 and their total compensation is $450,652.
Official website here: www.cbwchc.org
What is the revenue of Charles B Wang Community Health Center Inc?
Charles B Wang Community Health Center Inc's revenue in 2022 was $80,303,676.
Official website here: www.cbwchc.org
Who are the executives of Charles B Wang Community Health Center Inc and what are their salaries?
The average compensation at Charles B Wang Community Health Center Inc during 2022 was $64,295. There are 670 employees and 20 volunteers at Charles B Wang Community Health Center Inc.
Here are 31 key members and their salaries (Charles B Wang Community Health Center Inc's CEO's salary is $427,440 and their total compensation is $450,652):
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- Compensation: $427,440
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- Other: $23,212
- Compensation: $342,397
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- Compensation: $335,365
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- Compensation: $312,996
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- Compensation: $358,817
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- Compensation: $364,931
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- Other: $41,570
- Compensation: $478,787
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- Other: $33,982
Official website here: www.cbwchc.org
Where can I find the form 990 for Charles B Wang Community Health Center Inc?
Charles B Wang Community Health Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cbwchc.org
Learn more at the official website: www.cbwchc.org
Mission Statement of Charles B Wang Community Health Center Inc
Charles B Wang Community Health Center Inc is a mission-driven organization dedicated to providing high-quality and affordable healthcare to underserved communities, with a particular focus on Asian Americans. The center operates a Federally Qualified Health Center, which saw over 268,000 visits in 2022.
The healthcare center puts great emphasis on ensuring equal access to healthcare services for individuals and families who may face financial, cultural, or linguistic barriers. By focusing on Asian Americans, Charles B Wang Community Health Center Inc aims to address the unique health needs and disparities within this population.
The organization's commitment to providing comprehensive healthcare services extends beyond just treating illnesses. It encompasses preventive care, health education, and community outreach programs. The team of healthcare professionals at the center is dedicated to delivering culturally competent care, ensuring that patients receive treatment in an environment that respects their cultural backgrounds and values.
Charles B Wang Community Health Center Inc is more than just a healthcare provider; it is a community partner that believes in empowering its patients to take control of their health. By offering a patient-centered approach and prioritizing affordability, the center is making a significant impact on the overall health and wellbeing of the underserved population it serves.
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Impact
October, 2024
Charles B Wang Community Health Center Inc significantly enhances the health landscape by providing high-quality and affordable healthcare services to underserved populations, particularly focusing on Asian Americans. In 2022, the center facilitated 268,541 visits, addressing critical health needs and ensuring accessible care for those who often face barriers in the healthcare system. Through its operations as a federally qualified health center, the organization plays a vital role in promoting health equity and improving overall community health outcomes in New York.
This information is meant to be a general summary of Charles B Wang Community Health Center 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: $789,502
- Program Service Revenue: $51,528,339
- Gross Receipts: $80,303,676
Assets and Liabilities:
- Total Assets: $203,132,267
- Total Liabilities: $108,578,187
- Net Assets: $94,554,080
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NEW YORK STATE MEDICAID MANAGED C
Revenue
$21,526,000
MANAGED CARE PLANS
Revenue
$11,145,872
PRIVATE INSURANCE
Revenue
$9,290,163
MEDICAID
Revenue
$3,086,283
MEDICARE
Revenue
$2,632,390
Organization Details
Founding Year
1972
Phone
(212) 379-6988Principal Officer
Kaushal Challa
Main Address
268 CANAL STREET, NEW YORK, NY, 10013
Website
www.cbwchc.orgNTEE Category
Code: E30Z - Health
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