Overview
What is Catholic Health Care Foundation Of The Archdiocese Of New York Inc?
Catholic Health Care Foundation of the Archdiocese of New York Inc is a dedicated nonprofit organization situated in New York City. Its primary objective is to garner donations and grants from various sources, including individuals, corporations, foundations, and other funding entities. This financial assistance supports the foundation's role in overseeing general healthcare operations and furthering the mission of the Catholic Health Care System, known as ArchCare. The foundation's activities aim to provide essential resources for the overall wellbeing of healthcare facilities under the Catholic Health Care System. Located at 205 Lexington Ave - 2nd Flr, New York, NY 10016, the foundation continues its mission to advance healthcare in the New York area.
Official website here: www.archcare.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)
The Catholic Health Care Foundation of the Archdiocese of New York has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. With a score of 97% in this category, the foundation demonstrates effective governance and transparency practices, including a fully independent board and rigorous financial oversight. The evaluation shows no material diversion of assets, indicating sound financial management.
Strengths of the organization include excellent scores in various metrics, such as a program expense ratio of 85.11%, which suggests that a significant portion of funds is directed towards its programs. Additionally, the foundation exhibits outstanding fundraising efficiency, raising $0.04 for every dollar spent, and a healthy working capital ratio of 21.08 years, which ensures long-term sustainability. The presence of comprehensive policies regarding conflict of interest, whistleblower protections, and document retention further enhances its accountability framework.
While the data reflects robust financial practices, it is crucial for potential supporters to consider how these metrics translate into the foundation's impact on community health care initiatives. Continued transparency and effective communication about program outcomes will be essential for maintaining trust and support from donors and stakeholders. Overall, the foundation's strong financial standing positions it well to fulfill its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Catholic Health Care Foundation Of The Archdiocese Of New York Inc legitimate?
Catholic Health Care Foundation Of The Archdiocese Of New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catholic Health Care Foundation Of The Archdiocese Of New York 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: $80,000
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.archcare.org
What is the mission statement of Catholic Health Care Foundation Of The Archdiocese Of New York Inc?
The Catholic Health Care Foundation of the Archdiocese of New York Inc's primary purpose is to solicit donations and grants from various sources to aid in the operational support of the foundation and the Catholic Health Care System, also known as ArchCare. The mission of the foundation is to provide general healthcare oversight and contribute to the mission of ArchCare. By attracting funds, the foundation aims to assist Catholic healthcare facilities in their operations.
Official website here: www.archcare.org
Who is the CEO of Catholic Health Care Foundation Of The Archdiocese Of New York Inc?
Scott P La Rue is the President/Ceo of Catholic Health Care Foundation Of The Archdiocese Of New York Inc. The CEO's salary of Catholic Health Care Foundation Of The Archdiocese Of New York Inc is $0 and their total compensation is $1,968,882.
Official website here: www.archcare.org
What is the revenue of Catholic Health Care Foundation Of The Archdiocese Of New York Inc?
Catholic Health Care Foundation Of The Archdiocese Of New York Inc's revenue in 2022 was $2,498,569.
Official website here: www.archcare.org
Who are the executives of Catholic Health Care Foundation Of The Archdiocese Of New York Inc and what are their salaries?
There 23 volunteers at Catholic Health Care Foundation Of The Archdiocese Of New York Inc.
Here are 25 key members and their salaries (Catholic Health Care Foundation Of The Archdiocese Of New York Inc's CEO's salary is $0 and their total compensation is $1,968,882):
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- Related: $1,570,889
- Other: $397,993
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- Related: $1,054,969
- Other: $275,645
Official website here: www.archcare.org
Where can I find the form 990 for Catholic Health Care Foundation Of The Archdiocese Of New York Inc?
Catholic Health Care Foundation Of The Archdiocese Of New York Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.archcare.org
Learn more at the official website: www.archcare.org
Mission Statement of Catholic Health Care Foundation Of The Archdiocese Of New York Inc
Catholic Health Care Foundation of the Archdiocese of New York Inc is dedicated to attracting donations and grants from various sources to aid in the operations of the foundation and support the mission of the Catholic Health Care System, also known as ArchCare. The primary goal of this foundation is to provide general healthcare oversight and contribute to the broader objectives of ArchCare. By securing financial support, the Catholic Health Care Foundation of the Archdiocese of New York Inc seeks to assist Catholic health care facilities in their operations and uphold the values of compassionate and comprehensive healthcare.
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Impact
October, 2024
Catholic Health Care Foundation of the Archdiocese of New York Inc plays a significant role in enhancing health care services within the Archdiocese by attracting essential financial resources. By gathering donations and grants from individuals, corporations, and foundations, the Foundation supports the operations of ArchCare, which is dedicated to providing a range of health care services.
Through its efforts, the Foundation ensures that Catholic health care facilities maintain high standards of care and accessibility. This support is crucial in promoting the mission of the Catholic Health Care System, which emphasizes compassion, dignity, and respect for all individuals. The Foundation’s impact is felt across various communities in New York, as it strengthens the health care infrastructure and fosters a commitment to holistic health and well-being in accordance with Catholic values.
This information is meant to be a general summary of Catholic Health Care Foundation Of The Archdiocese Of New York 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: $372,897
- Gross Receipts: $10,536,896
Assets and Liabilities:
- Total Assets: $38,191,702
- Total Liabilities: $237,270
- Net Assets: $37,954,432
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Organization Details
Founding Year
1999
Phone
(646) 633-4700Principal Officer
Scott P La Rue
Main Address
205 LEXINGTON AVE - 2ND FLR, NEW YORK, NY, 10016
Website
www.archcare.orgNTEE Category
Code: E110 - Health
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