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Healthcare Educational And Research Fund Inc

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

EIN: 146022409 ✦ Rensselaer, NY ✦ Designated as a 501(c)(3)

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Overview

What is Healthcare Educational And Research Fund Inc?

Healthcare Educational and Research Fund Inc, located in Rensselaer, New York, is a nonprofit organization dedicated to supporting the mission of the Healthcare Association of New York State (HANYS). Their primary activities involve offering educational opportunities, conducting research, and granting funds. During the COVID-19 crisis, they received a grant to provide essential services to New York hospitals. This included funding for personal protective equipment, additional equipment, staff education, and supporting activities. Their goal is to advance the health of individuals and communities in New York State, with a total workforce of 14 individuals.

Is Healthcare Educational And Research Fund Inc legitimate?

Healthcare Educational And Research Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Healthcare Educational And Research Fund 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: $22,656
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,000,752

For more financial information, click here

What is the mission statement of Healthcare Educational And Research Fund Inc?

The Healthcare Educational and Research Fund Inc. is committed to supporting the mission of the Healthcare Association of New York State by offering unique learning, research, and grant opportunities. Their mission, in essence, is to enhance the health of individuals and communities in New York State. During the COVID-19 crisis, they were awarded a grant to provide critical services to New York hospitals. This program aided frontline workers by funding personal protective equipment, additional supplies, training, and support activities, as well as covering transportation, accommodation, and meal expenses for non-physician hospital staff.

Who is the CEO of Healthcare Educational And Research Fund Inc?

Marie B Grause is the President of Healthcare Educational And Research Fund Inc.

What is the revenue of Healthcare Educational And Research Fund Inc?

Healthcare Educational And Research Fund Inc's revenue in 2022 was $3,220,537.

Who are the executives of Healthcare Educational And Research Fund Inc and what are their salaries?

The average compensation at Healthcare Educational And Research Fund Inc during 2022 was $73,101. There are 14 employees and 11 volunteers at Healthcare Educational And Research Fund Inc.


Here are 15 key members and their salaries:


Kimberly Boynton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Carrigg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Holliday (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Goldstein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Forese Md Mph (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Quatroche Phd (Trustee / Past-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Flanz (Trustee / Immediate Past-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Spicer Fache (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose Acevedo Md (Chair-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Carman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Gibbs (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie B Grause (President)
  • Compensation: $5,548
  • Related: $1,104,132
  • Other: $164,987
Courtney Burke (Chief Operating Officer)
  • Compensation: $1,740
  • Related: $605,334
  • Other: $55,828
Mary Kay Hayes (Chief Financial Officer)
  • Compensation: $11,724
  • Related: $316,906
  • Other: $67,997
Allison Manny (Vice President)
  • Compensation: $139,644
  • Related: $0
  • Other: $38,675
Where can I find the form 990 for Healthcare Educational And Research Fund Inc?

Healthcare Educational And Research Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Healthcare Educational And Research Fund Inc

Healthcare Educational and Research Fund Inc, abbreviated as HERF, is an organization dedicated to supporting the mission of the Healthcare Association of New York State (HANYS). Their mission is to offer unique learning, research, and grant opportunities that advance the health of individuals and communities in New York State. By doing so, HERF aims to contribute to HANYS's goal of enhancing healthcare services and improving overall well-being.

In response to the COVID-19 crisis, HERF was awarded a grant to provide critical services to New York hospitals. This program aimed to protect and alleviate the strain on frontline workers at these hospitals. HERF funded the purchase of personal protective equipment, additional equipment and supplies, staff education, training, and support activities. Furthermore, they covered expenses related to transportation, accommodations, and meals for non-physician frontline hospital workers, allowing them to focus on delivering essential healthcare services during the pandemic. This initiative by HERF showcases their commitment to supporting healthcare providers and ensuring the continuity of healthcare services during challenging times.

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Impact




October, 2024

Healthcare Educational and Research Fund Inc (HERF) plays a pivotal role in enhancing healthcare delivery and supporting the well-being of communities in New York State. Through their mission of offering education, research, and grants, HERF aligns closely with the goals of the Healthcare Association of New York State (HANYS) to improve health outcomes.

During the COVID-19 crisis, HERF demonstrated its significant impact by securing a grant aimed at providing critical support to New York hospitals. This initiative helped protect frontline healthcare workers by funding the acquisition of essential personal protective equipment and additional supplies. Moreover, HERF's focus on staff education and training ensured that healthcare professionals were equipped with the knowledge and skills necessary to navigate the challenges posed by the pandemic.

Beyond immediate crisis response, HERF's contributions extend to ongoing research initiatives that foster innovative healthcare practices and educational opportunities, ultimately advancing the health of individuals and communities across the state. By addressing both urgent and long-term needs within the healthcare sector, HERF plays a transformative role in building a more resilient and effective healthcare system in New York.




This information is meant to be a general summary of Healthcare Educational And Research Fund 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
$3,220,537 (2022)
Expenses
$3,220,537 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $542,823
  • Gross Receipts: $3,220,537

Assets and Liabilities:

  • Total Assets: $50,916
  • Total Liabilities: $4,100,238
  • Net Assets: -$4,049,322

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EDUCATIONAL EVENTS

Revenue

$365,554

HOSPITAL QUALITY IMPRO

Revenue

$100,716

ADMINISTRATIVE PROGRAM

Revenue

$76,553

Organization Details

Founding Year

1960

Principal Officer

Marie B Grause

Main Address

ONE EMPIRE DRIVE, RENSSELAER, NY, 121449315

NTEE Category

Code: E00F - Health

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