Overview
What is Morningside Retirement And Health Services Inc?
Morningside Retirement and Health Services Inc, located in New York City, is a nonprofit organization dedicated to supporting the needs of frail and at-risk elderly residents. Its primary mission is to enable these individuals to live comfortably in their own homes for as long as possible. To achieve this goal, Morningside provides an array of on-site healthcare and social services, including case management, nursing care, medical consultations, benefits counseling, and home evaluations. Additionally, the organization offers a range of health promotion activities, such as exercise programs, arts classes, and intergenerational events, many of which are led by older adult volunteers. With a team consisting of social workers, a nurse, volunteers, and various other professionals, Morningside serves over 300 residents annually, providing them with the care and resources they need to maintain their independence.
Official website here: www.mrhsny.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Morningside Retirement and Health Services Inc has received a commendable Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial management. The organization achieved a perfect score in several key areas, including the independence of its board and the absence of any material diversion of assets, which signifies strong governance practices.
The nonprofit demonstrates a healthy financial structure, evidenced by a low liabilities to assets ratio and a robust program expense ratio of nearly 80%. This suggests that a significant portion of their expenditures is directed towards their mission-related programs, which is a positive indicator for potential donors and stakeholders.
While the data highlights many strengths, a more comprehensive assessment of outcomes, such as client satisfaction or community impact, would provide a fuller picture of the organization's effectiveness. Nonetheless, the existing financial metrics and governance policies position Morningside Retirement and Health Services Inc as a trustworthy and well-managed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Morningside Retirement And Health Services Inc legitimate?
Morningside Retirement And Health Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morningside Retirement And Health Services 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: $124,726
Professional Fundraising Fees: $0
Other Salaries and Wages: $258,791
For more financial information, click here
Official website here: www.mrhsny.org
What is the mission statement of Morningside Retirement And Health Services Inc?
Morningside Retirement and Health Services Inc's mission is to support frail and at-risk elderly residents, enabling them to live comfortably in their own homes as long as possible. The organization accomplishes this by offering a variety of social, educational, and recreational programs. They provide on-site healthcare services, including case management, nursing care, medical consultations, and home evaluations. Additionally, they offer a range of health promotion activities and liaise with families, lawyers, physicians, and financial planners. Volunteers, many of whom are older adults themselves, lead and participate in educational, recreational, and social activities, such as exercise programs, writing and arts classes, and intergenerational programs.
Official website here: www.mrhsny.org
What is the revenue of Morningside Retirement And Health Services Inc?
Morningside Retirement And Health Services Inc's revenue in 2023 was $922,350.
Official website here: www.mrhsny.org
Who are the executives of Morningside Retirement And Health Services Inc and what are their salaries?
The average compensation at Morningside Retirement And Health Services Inc during 2023 was $76,703. There are 5 employees and 133 volunteers at Morningside Retirement And Health Services Inc.
Here are 17 key members and their salaries:
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Official website here: www.mrhsny.org
Where can I find the form 990 for Morningside Retirement And Health Services Inc?
Morningside Retirement And Health Services Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mrhsny.org
Learn more at the official website: www.mrhsny.org
Mission Statement of Morningside Retirement And Health Services Inc
Morningside Retirement and Health Services Inc, a non-profit organization, is dedicated to serving frail and at-risk elderly residents, enabling them to live comfortably in their own homes for as long as possible. This mission is accomplished through the provision of a variety of social, educational, and recreational programs. The organization offers a comprehensive range of services, including health care and social work, which include case management, nursing care, medical and behavioral health consultations, benefits counseling, home evaluations, home care, and hospital discharge planning. Furthermore, Morningside Retirement and Health Services Inc fosters a sense of community by engaging older adults as volunteers, leading many of the educational, recreational, and social activities offered. These activities include exercise programs, writing and arts classes, book and current event discussion groups, films and videos, intergenerational programs, guest speakers, special events, and specialized programming for individuals with memory challenges.
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Impact
October, 2024
Morningside Retirement and Health Services Inc. (MRHS) has a significant impact on the lives of frail and at-risk elderly residents in New York by enabling them to remain in their homes while receiving essential support and services. The organization acts as a vital resource within the Naturally Occurring Retirement Community (NORC) framework, providing comprehensive healthcare and social services tailored to the needs of older adults.
MRHS serves over 300 residents annually, ensuring they have access to case management, nursing care, and behavioral health consultations. This array of services not only addresses immediate healthcare needs but also offers preventive care and overall wellness support. The presence of specialized professionals such as social workers and nurses, along with the involvement of over 100 volunteers—many of whom are themselves older adults—creates a robust support network that fosters community and belonging.
Beyond healthcare, MRHS enriches the lives of seniors through various educational, recreational, and social activities. These programs—ranging from exercise classes to arts and writing workshops—are instrumental in promoting mental and physical well-being. They also encourage social interaction and engagement, which are crucial for combating isolation often faced by the elderly.
By facilitating a holistic approach to aging in place, MRHS significantly enhances the quality of life for elderly residents, empowering them to maintain independence while receiving the support necessary to navigate the challenges associated with aging. The organization's model not only benefits individuals and families but also strengthens the broader community by creating a more inclusive and supportive environment for older adults.
This information is meant to be a general summary of Morningside Retirement And Health Services 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 2023.
- Investment Income: $56,793
- Program Service Revenue: $9,930
- Gross Receipts: $922,350
Assets and Liabilities:
- Total Assets: $3,282,589
- Total Liabilities: $165,683
- Net Assets: $3,116,906
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE INCOME
Revenue
$9,930
Organization Details
Founding Year
1966
Principal Officer
Ronald Bruno
Website
www.mrhsny.orgNTEE Category
Code: P440 - Human services
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