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Children's Specialized Hospital Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 136844298 ✦ Mountainside, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Children's Specialized Hospital Foundation Inc?

Children's Specialized Hospital Foundation Inc is a tax-exempt organization based at 150 New Providence Road, Mountainside, New Jersey, 07092. Its primary mission is to generate funds for Children's Specialized Hospital (CSH) and similar organizations. CSH is a reputable non-profit pediatric rehabilitation hospital and long-term care facility. The foundation invests the collected assets, and the interest and principal are allocated for educational, scientific, and charitable purposes carried out by organizations like CSH and those with similar aims. The foundation organizes various events throughout the year, directing the proceeds towards specific activities or needs as determined by the foundation's management.


Official website here: www.childrens-specialized.org

What are the reviews and ratings of this charity?

97% rating from Charity Navigator

Children's Specialized Hospital Foundation Inc has achieved a commendable Four-Star out of Four Star rating, reflecting its strong performance in charity accountability and finance. The organization scored particularly well in the Accountability & Finance category with a score of 96%, indicating prudent financial management and transparency. Additionally, it excelled in Culture & Community with a perfect score of 100%, showcasing its commitment to fostering a positive organizational environment and strong community ties.

The Foundation benefits from a robust governance structure, with a majority independent board comprising 24 members. Key governance practices such as an audit and oversight committee, conflict of interest policy, and thorough documentation of board meeting minutes are all well-implemented, contributing to its high scores across various metrics. The impressive program expense ratio of 89.24% indicates that a significant portion of its funds is directed toward its mission of providing specialized medical and therapeutic care.

User feedback highlights the dedication of the Foundation's staff and the essential support it offers to families in need, particularly across New Jersey. A board member remarked on the pleasure of serving on the board, noting the tireless efforts to fundraise for thousands of families reliant on the services of Children's Specialized Hospital. Overall, the Foundation stands out for its strong financial practices and commitment to community service.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

What do the Facebook reviews say about Children's Specialized Hospital Foundation Inc?

92% of 736 reviewers on Facebook recommend the Children's Specialized Hospital Foundation Inc. Here is a summary of their reviews:

There is a strong sense of community and support among staff, with many expressing their appreciation for the teamwork and camaraderie in the workplace. Employees highlight a positive working environment, emphasizing the dedication of their colleagues and the impact they make on children's lives.

Overall, the reviews reflect a positive sentiment towards the organization, showcasing it as a place where individuals feel fulfilled in their roles and are proud to contribute to the mission of helping children.


This AI summary has been generated from reviews found on Facebook.

Is Children's Specialized Hospital Foundation Inc legitimate?

Children's Specialized Hospital Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children's Specialized Hospital Foundation 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: $564,415
Professional Fundraising Fees: $0
Other Salaries and Wages: $629,088

For more financial information, click here


Official website here: www.childrens-specialized.org

What is the mission statement of Children's Specialized Hospital Foundation Inc?

Children's Specialized Hospital Foundation Inc is a tax-exempt organization dedicated to raising funds for Children's Specialized Hospital and organizations with similar purposes. The foundation invests the accumulated funds and uses the interest and principal for charitable, educational, and scientific pursuits carried out by these organizations. By hosting various events throughout the year, the foundation supports specific activities and needs as determined by its management.


Official website here: www.childrens-specialized.org

Who is the CEO of Children's Specialized Hospital Foundation Inc?

Alissa Memoli is the Board Member of Children's Specialized Hospital Foundation Inc. The CEO's salary of Children's Specialized Hospital Foundation Inc is $0 and their total compensation is $0.


Official website here: www.childrens-specialized.org

What is the revenue of Children's Specialized Hospital Foundation Inc?

Children's Specialized Hospital Foundation Inc's revenue in 2022 was $14,675,312.


Official website here: www.childrens-specialized.org

Who are the executives of Children's Specialized Hospital Foundation Inc and what are their salaries?


Here are 36 key members and their salaries (Children's Specialized Hospital Foundation Inc's CEO's salary is $0 and their total compensation is $0):


Joseph Mindak (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph J Dobosh Jr (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colin O'Reilly (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Arnold (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Taylor (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Lewis Phd (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Rodriguez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia Alling (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Tewell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Broughton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pinky Shah (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Boccella (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Viscomi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mairead Goetz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Edward J Zampella (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Destafney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anita Siegel Esq (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Baricaua (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Krieger (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Montenero (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward J Mkcenna Esq (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Skurbe (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Miller (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Mcdonald (Csh - President & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Bosland (Chairman Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Parent (Emeritus Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Vuono (Honorary Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Lamendola Phd (Honorary Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexander R Giaquinto Phd (Chairman Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Salerno Iii (President & Chief Dvlpmnt)
  • Compensation: $564,415
  • Related: $0
  • Other: $34,055
Keely Davenport (Employee)
  • Compensation: $111,784
  • Related: $0
  • Other: $34,057
Katherine M Cattani (Employee)
  • Compensation: $143,516
  • Related: $0
  • Other: $30,321
Perla Haltner (Employee)
  • Compensation: $151,683
  • Related: $0
  • Other: $26,373
Elena Berkowitz (Employee)
  • Compensation: $152,418
  • Related: $0
  • Other: $38,801
Janet Lambert (Employee)
  • Compensation: $109,415
  • Related: $0
  • Other: $33,253
Alissa Memoli (Employee)
  • Compensation: $129,852
  • Related: $0
  • Other: $28,378


Official website here: www.childrens-specialized.org

Where can I find the form 990 for Children's Specialized Hospital Foundation Inc?

Children's Specialized Hospital Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.childrens-specialized.org

Learn more at the official website: www.childrens-specialized.org

Mission Statement of Children's Specialized Hospital Foundation Inc

Children's Specialized Hospital Foundation, a tax-exempt organization, is dedicated to raising funds to support Children's Specialized Hospital and other organizations with similar purposes. This foundation plays a crucial role in collecting donations for Children's Specialized Hospital, a non-profit pediatric rehabilitation hospital and pediatric long-term care facility. The foundation invests the accumulated funds, and the interest and principal derived from these investments are utilized for educational, scientific, and charitable initiatives carried out by the organizations it supports. These efforts include Children's Specialized Hospital and various other nonprofits with missions aligned with its own. The foundation organizes numerous events throughout the year to generate funds for specific activities or needs as determined by its management. By raising vital funds, Children's Specialized Hospital Foundation enables these important organizations to carry out their missions and make a lasting impact on the lives of children in need.

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Impact




October, 2024

Children's Specialized Hospital Foundation Inc plays a crucial role in supporting children with special needs through vital fundraising efforts. By generating financial resources for Children’s Specialized Hospital (CSH) and similar organizations, the Foundation ensures that essential pediatric rehabilitation and long-term care services are available to those in need. The funds raised are strategically invested, with the resulting interest and principal directed toward educational, scientific, and charitable initiatives that align with the mission of improving children's health and well-being.

The Foundation organizes various events throughout the year, each tailored to address specific needs or activities, reinforcing community engagement and awareness around pediatric health issues. These initiatives not only enhance the capabilities of CSH but also foster a network of support for families navigating the challenges of children’s health care. Overall, the Foundation's impact is significant in providing life-changing resources and opportunities for children requiring specialized medical attention.




This information is meant to be a general summary of Children's Specialized Hospital Foundation 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.

Revenue
$14,675,312 (2022)
Expenses
$16,900,748 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8,409,328
  • Gross Receipts: $36,412,464

Assets and Liabilities:

  • Total Assets: $98,563,806
  • Total Liabilities: $42,678,010
  • Net Assets: $55,885,796

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Organization Details

Founding Year

1985

Principal Officer

Alissa Memoli

Main Address

150 NEW PROVIDENCE ROAD, MOUNTAINSIDE, NJ, 07092

NTEE Category

Code: E110 - Health

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