Overview
What is Concerned Home Managers For The Elderly?
Concerned Home Managers for the Elderly, abbreviated as COHME, is a nonprofit organization based in New York City. Its primary mission is to provide exceptional home care services to ill and older New Yorkers while simultaneously offering fulfilling employment and professional opportunities for health aides. COHME achieves this goal by collaborating with clients, families, and aides, offering support, training, and chances for professional development within the healthcare sector. COHME served 101 clients across four boroughs and employed over 154 staff members, many of whom were low-income individuals. In addition to their roles, COHME provided a social worker/career specialist to help with housing needs, legal issues, and entitlement assistance. Small loans and assistance to access housing funds were also provided as needed. Furthermore, scholarship funds were given to aides to complete further educational degrees or receive necessary certifications for career advancement. COHME offered individual counseling and monthly support groups through its social worker/career specialist, in addition to providing referrals to other benefits and services. Overall, COHME's mission is to improve the lives of both its clients and the health aides who provide care, with a total workforce of 191 individuals.
Official website here: www.cohme.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 88%, Three-Star out of Four Star rating.
Concerned Home Managers For The Elderly has received a solid Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization has demonstrated a high level of transparency, with an independent board comprising 100% independent members and effective financial oversight, evidenced by a well-functioning audit and oversight committee.
The charity excels in several key areas, including the absence of material diversions of assets and the presence of essential policies such as conflict of interest and whistleblower policies. Additionally, it maintains a healthy program expense ratio of 85.62%, indicating a significant portion of its funds is directed toward its mission. However, the liabilities to assets ratio of 60.47% suggests that it may have a somewhat higher level of liabilities compared to its assets, which could be a consideration for potential donors.
Overall, Concerned Home Managers For The Elderly showcases strong governance practices and a commitment to accountability, making it a trustworthy option for those looking to support elderly care initiatives. However, prospective supporters might want to monitor the organization's financial health given its liabilities ratio.
This AI summary has been generated from information found on Charity Navigator.
Is Concerned Home Managers For The Elderly legitimate?
Concerned Home Managers For The Elderly is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concerned Home Managers For The Elderly 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: $181,168
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,504,509
For more financial information, click here
Official website here: www.cohme.org
What is the mission statement of Concerned Home Managers For The Elderly?
Concerned Home Managers for the Elderly has a dual mission. Their primary objective is to offer exceptional home care services to ill and elderly New Yorkers, ensuring their comfort and well-being. Simultaneously, they aim to provide fulfilling employment and professional opportunities for health aides. This is accomplished by establishing collaborative relationships with clients, families, and aides. The organization provides support, training, and opportunities for professional development within the healthcare field, enabling health aides to grow and advance their careers. By doing so, Concerned Home Managers for the Elderly is committed to improving the quality of life for both their clients and the healthcare workers who serve them.
Official website here: www.cohme.org
Who is the CEO of Concerned Home Managers For The Elderly?
Laura Radensky is the Chair of Concerned Home Managers For The Elderly.
Official website here: www.cohme.org
What is the revenue of Concerned Home Managers For The Elderly?
Concerned Home Managers For The Elderly's revenue in 2022 was $4,457,385.
Official website here: www.cohme.org
Who are the executives of Concerned Home Managers For The Elderly and what are their salaries?
The average compensation at Concerned Home Managers For The Elderly during 2022 was $19,297. There are 191 employees and 14 volunteers at Concerned Home Managers For The Elderly.
Here are 11 key members and their salaries:
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- Compensation: $176,027
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- Other: $5,140
Official website here: www.cohme.org
Where can I find the form 990 for Concerned Home Managers For The Elderly?
Concerned Home Managers For The Elderly's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cohme.org
Learn more at the official website: www.cohme.org
Mission Statement of Concerned Home Managers For The Elderly
Concerned Home Managers for the Elderly, a notable organization, is committed to two significant missions. Firstly, it aims to deliver exceptional home care services to the ill and elderly New Yorkers, ensuring their comfort and well-being. Secondly, the organization strives to offer fulfilling employment and professional opportunities within the healthcare field to health aides. To achieve these objectives, Concerned Home Managers for the Elderly collaborates closely with clients, their families, and health aides. By providing support, training, and prospects for career advancement, the organization empowers health aides to excel in the healthcare sector. This dual mission allows Concerned Home Managers for the Elderly to make a meaningful impact on both the elderly population and the healthcare professionals serving them.
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Impact
August, 2024
Concerned Home Managers For the Elderly's impact is substantial, as it provided home care services to 101 clients across four boroughs in New York City. Additionally, the organization offered employment to over 154 staff members, many of whom are from low-income backgrounds. They also provided crucial support services such as social work assistance for housing needs, legal issues, and entitlement assistance. Furthermore, they assisted individuals with small loans and accessing funds for housing assistance as needed.
The organization's impact extends beyond just providing care and employment opportunities. They also supported aides in furthering their education and career advancement by offering scholarship funds for additional degrees or certifications. Moreover, through individual counseling and monthly support groups, as well as referrals to other benefits and services, Concerned Home Managers For the Elderly has made a meaningful difference in the lives of both clients and staff members.
This information is meant to be a general summary of Concerned Home Managers For The Elderly. 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: $1,949
- Program Service Revenue: $4,452,391
- Gross Receipts: $4,457,385
Assets and Liabilities:
- Total Assets: $1,767,380
- Total Liabilities: $1,068,852
- Net Assets: $698,528
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICES
Revenue
$4,452,391
Organization Details
Founding Year
1986
Phone
(212) 514-7147Principal Officer
Laura Radensky
Main Address
11 BROADWAY 1031, NEW YORK, NY, 10004
Website
www.cohme.orgNTEE Category
Code: P44Z - Human services
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