Overview
What is Bronxwood Home For The Aged Inc?
Bronxwood Home for the Aged Inc, established in 1977, is a not-for-profit organization situated in Bronx, New York. The facility, licensed by the New York State, houses 320 adult home beds, with 177 designated for assisted living. In addition to its residential services, the organization is authorized to offer home care services in the Bronx, Brooklyn, Queens, and Manhattan. Their primary mission is to provide care and support for elderly adults, ensuring a comfortable living environment for them. The organization employs a team of 124 individuals, dedicated to fulfilling their mission.
Official website here: www.bronxwood.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Bronxwood Home For The Aged Inc has received a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and finance management. The charity's score is derived entirely from their accountability & finance metrics, with an impressive 81% overall in this area. This rating signifies a well-managed organization, with a strong emphasis on transparency and adherence to best practices in financial reporting.
The organization boasts a fully independent board, with 100% of its members being independent, which enhances its governance. Bronxwood has also demonstrated thorough oversight with an Audit and Oversight Committee rated at 15 out of 15 points. Additionally, it maintains robust policies related to conflict of interest, whistleblower protection, and document retention, indicating a commitment to ethical standards and accountability.
One of the notable strengths of Bronxwood is its program expense ratio of 78.86%, indicating that a significant portion of its resources is devoted to program services rather than administrative costs. While the overall rating is commendable, the data does not provide insights into program outcomes or community impact, which could further illuminate the effectiveness of their services.
This AI summary has been generated from information found on Charity Navigator.
Is Bronxwood Home For The Aged Inc legitimate?
Bronxwood Home For The Aged Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bronxwood Home For The Aged 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: $188,935
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,239,025
For more financial information, click here
Official website here: www.bronxwood.com
What is the mission statement of Bronxwood Home For The Aged Inc?
Bronxwood Home For The Aged Inc, as a not-for-profit organization, is dedicated to providing care for adults. Established in 1977, it operates with a license for 320 adult home beds, including 177 assisted living beds. The facility also extends its services to offer home care in various boroughs of New York City. While the mission statement is not explicitly provided, the organization's activities suggest a commitment to offering residential care and assistance to its residents.
Official website here: www.bronxwood.com
Who is the CEO of Bronxwood Home For The Aged Inc?
Daniel Berkowicz is the Administrator of Bronxwood Home For The Aged Inc.
Official website here: www.bronxwood.com
What is the revenue of Bronxwood Home For The Aged Inc?
Bronxwood Home For The Aged Inc's revenue in 2022 was $9,156,398.
Official website here: www.bronxwood.com
Who are the executives of Bronxwood Home For The Aged Inc and what are their salaries?
The average compensation at Bronxwood Home For The Aged Inc during 2022 was $27,645. There are 124 employees and 5 volunteers at Bronxwood Home For The Aged Inc.
Here are 8 key members and their salaries:
- Compensation: $250,016
- Related: $0
- Other: $0
- Compensation: $209,600
- Related: $0
- Other: $0
- Compensation: $160,193
- 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.bronxwood.com
Where can I find the form 990 for Bronxwood Home For The Aged Inc?
Bronxwood Home For The Aged Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bronxwood.com
Learn more at the official website: www.bronxwood.com
Mission Statement of Bronxwood Home For The Aged Inc
Bronxwood Home for the Aged, Inc., as a voluntary, not-for-profit organization, dedicates its mission to providing care for adults. Established in 1977, the facility is licensed by New York State to accommodate 320 adult home beds, with 177 designated for assisted living. The organization extends its services beyond the facility, holding licenses to offer home care services in the Bronx, Brooklyn, Queens, and Manhattan. The primary focus of Bronxwood Home for the Aged, Inc. is to offer a nurturing environment for its residents, ensuring their well-being and promoting an enriching living experience.
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Impact
August, 2024
Bronxwood Home For The Aged Inc provides crucial resident care services for elderly individuals in Bronx, New York. With a capacity for 320 adult home beds, including 177 assisted living beds, this facility has been operating since 1977. Their impact is evident in their commitment to providing essential care and support to the elderly population, helping them live comfortably and with dignity. The facility's licensing to provide home care services in multiple boroughs further extends their reach and impact on the community, ensuring that a broader population has access to quality care services. Through their work, Bronxwood Home For The Aged Inc plays a vital role in promoting the health and well-being of seniors in the region.
This information is meant to be a general summary of Bronxwood Home For The Aged 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: $1,886
- Program Service Revenue: $9,113,566
- Gross Receipts: $9,202,085
Assets and Liabilities:
- Total Assets: $8,750,376
- Total Liabilities: $6,552,057
- Net Assets: $2,198,319
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Resident Care
Revenue
$9,113,566
Organization Details
Founding Year
1973
Phone
(718) 881-9100Principal Officer
Daniel Berkowicz
Main Address
799 E Gun Hill Road, Bronx, NY, 10467
Website
www.bronxwood.comNTEE Category
Code: E910 - Health
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