Overview
What is Lower East Side Volunteers Hatzalah Inc?
Lower East Side Volunteers Hatzalah Inc is a nonprofit organization that provides volunteer ambulance services in the community. Their dedicated team consists entirely of volunteers, with no compensation given to officers. This selfless organization has the capacity to assist several hundred individuals, demonstrating their commitment to community support. Their mission revolves around operating volunteer ambulances, ensuring emergency aid and medical attention to those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star Rating). This rating reflects a focus on the organization's accountability and financial management, indicating a good level of transparency and operational efficiency. The rating is based solely on one beacon score, showcasing the organization's commitment to maintaining high standards in its financial practices.
Lower East Side Volunteers Hatzalah Inc demonstrates strong governance with a fully independent board, scoring a perfect 8 out of 8 points in this area. The organization also has effective asset management, with no material diversion of assets, and a low liabilities-to-assets ratio of 9.81%, highlighting its financial stability. Furthermore, the presence of a whistleblower policy and proper document retention practices further confirms its dedication to accountability.
On the program expense side, the organization allocates an impressive 95.64% of its expenditures directly to its programs, which is indicative of its focus on impactful community service. However, while the overall financial health appears robust, potential donors should still consider any additional qualitative factors that may influence their decision-making.
This AI summary has been generated from information found on Charity Navigator.
Is Lower East Side Volunteers Hatzalah Inc legitimate?
Lower East Side Volunteers Hatzalah Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lower East Side Volunteers Hatzalah 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: $0
Professional Fundraising Fees: $1,857
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Lower East Side Volunteers Hatzalah Inc?
Lower East Side Volunteers Hatzalah Inc, a non-profit organization, operates a volunteer ambulance service. Their mission is to provide emergency medical assistance to several hundred individuals, with all operations being run by dedicated volunteers who do not receive any compensation. The organization's objective is to offer vital healthcare services to the community, relying solely on the commitment and selflessness of its volunteers. Lower East Side Volunteers Hatzalah Inc plays a crucial role in ensuring timely and compassionate emergency care in the area, demonstrating a strong commitment to community service.
Who is the CEO of Lower East Side Volunteers Hatzalah Inc?
Chaim C Lazar is the President of Lower East Side Volunteers Hatzalah Inc.
What is the revenue of Lower East Side Volunteers Hatzalah Inc?
Lower East Side Volunteers Hatzalah Inc's revenue in 2022 was $668,781.
Who are the executives of Lower East Side Volunteers Hatzalah Inc and what are their salaries?
There 50 volunteers at Lower East Side Volunteers Hatzalah Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lower East Side Volunteers Hatzalah Inc?
Lower East Side Volunteers Hatzalah Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lower East Side Volunteers Hatzalah Inc
Lower East Side Volunteers Hatzalah Inc is an organization dedicated to providing volunteer ambulance services. Their mission is to benefit a substantial number of individuals, all carried out by selfless volunteers who do not receive any compensation for their work. This volunteer-led ambulance service is a vital resource for many, demonstrating the organization's commitment to community service and emergency medical assistance.
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Impact
July, 2024
Lower East Side Volunteers Hatzalah Inc operates a volunteer ambulance service in New York City that benefits several hundred people. The organization's impact is significant as it provides life-saving emergency medical care to those in need. This volunteer-driven initiative demonstrates the power of community-driven healthcare services and showcases the dedication of individuals who work tirelessly to ensure the well-being of others.
This information is meant to be a general summary of Lower East Side Volunteers Hatzalah 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: $19
- Program Service Revenue: $120,711
- Gross Receipts: $668,781
Assets and Liabilities:
- Total Assets: $1,337,035
- Total Liabilities: $150,025
- Net Assets: $1,187,010
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AMBULANCE SERVICES
Revenue
$120,711
Organization Details
Founding Year
1992
Phone
(917) 817-5200Principal Officer
Chaim C Lazar
Main Address
C/O CHAIM LAZAR 500 A GRAND STREET, NEW YORK, NY, 10002
NTEE Category
Code: E00 - Health
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