Overview
What is Friends Of Carmel Richmond Inc?
Friends of Carmel Richmond Inc is a 501(c)(3) nonprofit organization, located in Staten Island, New York. Their primary mission is to enhance the quality of life for the 300 residents and around 500 staff members of Carmel Richmond Nursing Home, Inc., a skilled nursing facility. To achieve this, Friends of Carmel Richmond Inc provides funding and support to Carmel Richmond Nursing Home, Inc. This involves raising funds to cater to the various needs of the residents and expressing appreciation towards the hardworking staff. The nonprofit's initiatives aim to contribute positively to the overall well-being of the nursing home community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Friends Of Carmel Richmond Inc has achieved a remarkable score of 94%, demonstrating strong performance and accountability in its operations. The organization is rated highly for its financial health, with a program expense ratio of 93.09%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs.
The nonprofit boasts a fully independent board, with 100% of its members being independent and an appropriate board size of nine members. This governance structure, combined with robust policies for conflict of interest and whistleblower protections, suggests a commitment to ethical practices and transparency.
There are no noted issues with asset diversion, and the organization maintains a very low liabilities to assets ratio of 0.13%, reflecting its financial stability. Overall, Friends Of Carmel Richmond Inc exemplifies strong governance and effective use of resources, making it a reliable choice for donors looking to support a well-managed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Carmel Richmond Inc legitimate?
Friends Of Carmel Richmond Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Carmel Richmond 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.
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Professional Fundraising Fees: $0
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What is the mission statement of Friends Of Carmel Richmond Inc?
The mission of Friends of Carmel Richmond Inc. is to support and enhance the quality of life for the residents and show appreciation towards the staff at Carmel Richmond Nursing Home Inc. This organization aims to achieve this by raising funds. Their primary objective is to provide assistance to the 300 residents and approximately 500 staff members of Carmel Richmond Nursing Home Inc., a skilled nursing facility exempt under Section 501(c)(3) of the Internal Revenue Code of 1954.
Who is the CEO of Friends Of Carmel Richmond Inc?
James Brian Victor is the President of Friends Of Carmel Richmond Inc.
What is the revenue of Friends Of Carmel Richmond Inc?
Friends Of Carmel Richmond Inc's revenue in 2022 was $159,424.
Who are the executives of Friends Of Carmel Richmond Inc and what are their salaries?
There 9 volunteers at Friends Of Carmel Richmond Inc.
Here are 10 key members and their salaries:
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Where can I find the form 990 for Friends Of Carmel Richmond Inc?
Friends Of Carmel Richmond Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friends Of Carmel Richmond Inc
Friends of Carmel Richmond Inc, a nonprofit organization, is dedicated to enhancing the quality of life for the residents and expressing appreciation towards the staff at Carmel Richmond Nursing Home Inc. Their mission is to raise funds, providing essential support to the 300 residents and approximately 500 staff members of Carmel Richmond Nursing Home Inc., a skilled nursing facility. The organization's primary goal is to create a more comfortable and nurturing environment for the residents while recognizing and valuing the hard work of the staff members who care for them.
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Impact
October, 2024
Friends of Carmel Richmond Inc significantly enhances the quality of life for the 300 residents and 500 staff members at Carmel Richmond Nursing Home in Staten Island, NY. By providing essential funding and support, the organization ensures that residents receive the care and attention they deserve in a skilled nursing facility. The direct contributions of Friends of Carmel Richmond Inc foster a nurturing environment, promoting well-being and comfort for residents while also recognizing and appreciating the dedicated staff who support them. This collaborative effort enriches both the community and the individual experiences of those residing at the nursing home.
This information is meant to be a general summary of Friends Of Carmel Richmond 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: $135,071
- Gross Receipts: $521,952
Assets and Liabilities:
- Total Assets: $3,699,511
- Total Liabilities: $4,100
- Net Assets: $3,695,411
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Organization Details
Founding Year
1982
Phone
(718) 668-8500Principal Officer
James Brian Victor
Main Address
88 OLD TOWN ROAD, STATEN ISLAND, NY, 103044299
NTEE Category
Code: E91I - Health
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