Overview
What is Share Of New Square Inc?
Share of New Square Inc, also known as Chesed 247, is a nonprofit organization based in Spring Valley, New York, with a significant workforce of 486 employees. They provide day habilitation services, which is a daytime program designed to help consumers achieve their personal goals and improve living skills, community integration, and overall quality of life. Their mission caters to the needs of the elderly, ill, developmentally disabled, and individuals facing various life challenges. By offering all available resources, this dedicated organization aims to make a positive impact on those who require support.
Official website here: www.chesed247.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Share Of New Square Inc has received an 81% rating from Charity Navigator, indicating a strong performance in accountability and finance. The score reflects a comprehensive evaluation based entirely on the charity's financial practices and governance, showcasing its commitment to transparency and responsible management of funds.
The organization stands out with a fully independent board, achieving full points in both the majority independent board members and independent board size categories. Additionally, they have demonstrated exemplary financial practices, evident from a high program expense ratio of 83.38%, which indicates that a substantial portion of their resources is directed toward their mission-related activities.
However, despite strong governance and financial accountability, the charity has received no points for its liabilities to assets ratio, which may suggest potential financial risks. Overall, while Share Of New Square Inc excels in various governance metrics, stakeholders may want to consider this limitation in their overall assessment of the charity's financial health.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Share Of New Square Inc?
88% of 12 reviewers on Facebook recommend Share Of New Square Inc. Here is a summary of their reviews:
The organization has made a significant impact on those they serve, especially during challenging circumstances. One reviewer highlighted the invaluable assistance provided by Chesed 24/7, citing their daily transportation service from Monsey to New York hospitals as not only a time-saver but also a source of comfort. The presence of a well-stocked Bikur Cholim room has also been appreciated, further showcasing the nonprofit's commitment to meeting the needs of individuals during tough times.
Overall, patrons express a strong sense of gratitude for the services offered by Share Of New Square Inc., indicating that they fulfill their mission effectively and provide essential support for those in need.
This AI summary has been generated from reviews found on Facebook.
Is Share Of New Square Inc legitimate?
Share Of New Square Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Share Of New Square 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: $178,933
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,762,101
For more financial information, click here
Official website here: www.chesed247.org
What is the mission statement of Share Of New Square Inc?
Share of New Square Inc is dedicated to providing services to the elderly, ill, developmentally disabled, and anyone facing a life challenge. Their mission is geared towards enhancing the lives of these individuals by helping them achieve their goals and integrating them into local communities. Through their day habilitation program, they offer a daytime service designed to improve living skills, raise quality of life, and provide all necessary resources. This program aims to foster personal growth and enable consumers to reach their full potential. Additionally, Share of New Square Inc strives to ensure that individuals receive the support they need to live fulfilling lives.
Official website here: www.chesed247.org
Who is the CEO of Share Of New Square Inc?
Jacob Goldmunzer is the President of Share Of New Square Inc.
Official website here: www.chesed247.org
What is the revenue of Share Of New Square Inc?
Share Of New Square Inc's revenue in 2022 was $19,046,509.
Official website here: www.chesed247.org
Who are the executives of Share Of New Square Inc and what are their salaries?
The average compensation at Share Of New Square Inc during 2022 was $20,455. There are 486 employees and 420 volunteers at Share Of New Square Inc.
Here are 10 key members and their salaries:
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- Compensation: $153,319
- Related: $0
- Other: $25,614
- Compensation: $172,381
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- Other: $20,149
- Compensation: $166,552
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- Other: $28,504
- Compensation: $162,580
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- Other: $26,526
- Compensation: $152,467
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- Other: $17,075
- Compensation: $147,938
- Related: $0
- Other: $22,765
Official website here: www.chesed247.org
Where can I find the form 990 for Share Of New Square Inc?
Share Of New Square Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chesed247.org
Learn more at the official website: www.chesed247.org
Mission Statement of Share Of New Square Inc
Share of New Square Inc is a dedicated organization that strives to make a positive impact on the lives of the elderly, ill, developmentally disabled, and anyone facing a significant life challenge. The mission of this esteemed nonprofit is geared towards enhancing the quality of life for its consumers through various means.
One of the ways Share of New Square Inc achieves this is by offering a daytime program called Day Habilitation. This program plays a crucial role in helping individuals set and achieve personal goals, with a focus on improving daily living skills and community integration. By providing access to all available resources, this program empowers participants to reach their fullest potential and live fulfilling lives.
Share of New Square Inc's approach to community involvement is noteworthy, as it goes beyond mere service delivery. The organization fosters an inclusive environment where individuals can engage with their local communities, fostering a sense of belonging and social connection. This commitment to both personal growth and community engagement sets Share of New Square Inc apart as a beacon of hope and support for those in need.
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Impact
October, 2024
Share Of New Square Inc plays a crucial role in enhancing the quality of life for vulnerable populations in Spring Valley, NY, by providing essential services to the elderly, individuals with illnesses, those who are developmentally disabled, and anyone facing significant life challenges.
Through its day habilitation program, the organization focuses on helping consumers achieve their individual goals, particularly in improving living skills and fostering integration into local communities. This approach not only empowers participants but also promotes social inclusion, making it easier for them to engage with their surroundings and build meaningful connections.
By leveraging available resources, Share Of New Square Inc ensures that participants have access to the necessary support and services that can help them navigate their daily challenges. The focus on elevating the quality of life for its clients signifies a commitment not just to care, but to holistic well-being, addressing both physical and emotional needs.
The impact of Share Of New Square Inc extends beyond individual well-being; it creates a ripple effect in the community by encouraging compassion, understanding, and support for those facing difficulties. This fosters a more inclusive society, benefiting all residents of Spring Valley.
This information is meant to be a general summary of Share Of New Square 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: $31,583
- Program Service Revenue: $13,572,710
- Gross Receipts: $19,046,509
Assets and Liabilities:
- Total Assets: $11,532,087
- Total Liabilities: $8,775,343
- Net Assets: $2,756,744
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAID INCOME
Revenue
$13,572,710
Organization Details
Founding Year
1990
Phone
(845) 354-3233Principal Officer
Jacob Goldmunzer
Main Address
286 NORTH MAIN STREET, SPRING VALLEY, NY, 10977
Website
www.chesed247.orgNTEE Category
Code: K36 - Food
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