Overview
What is Nova Institute For Health Inc?
Nova Institute for Health Inc, previously known as the Institute for Integrative Health, is a nonprofit organization dedicated to fostering innovative health solutions. They run a scholars program that connects influential professionals from various fields, offering them the freedom and necessary resources to pioneer work in health and healthcare at their respective institutions. Additionally, the Institute develops, introduces, and assesses programs intended to empower vulnerable populations to have a significant impact on their health. Lastly, they spearhead initiatives that aim to increase the understanding and adoption of integrative health approaches.
Official website here: www.novainstituteforhealth.org
What are the reviews and ratings of this charity?
88% rating from Charity Navigator indicates that Nova Institute For Health Inc holds a solid Three-Star out of Four Star rating, reflecting strong performance in accountability and finance. The organization demonstrates a commendable level of financial responsibility, with a high program expense ratio of 84.31%, indicating that the majority of its resources are directed towards furthering its mission.
The nonprofit benefits from a majority independent board, enhancing its governance structure, and scores full points in several areas, including its audit and oversight committee and the management of assets. However, there are notable gaps in its policies, specifically regarding whistleblower and document retention policies, which are missing and may raise concerns about transparency and accountability.
While the overall financial health appears robust, the absence of certain governance policies could impact stakeholder confidence. Addressing these limitations could further strengthen the organization's standing and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Nova Institute For Health Inc legitimate?
Nova Institute For Health Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nova Institute For Health 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: $1,010,985
Professional Fundraising Fees: $0
Other Salaries and Wages: $338,384
For more financial information, click here
Official website here: www.novainstituteforhealth.org
What is the mission statement of Nova Institute For Health Inc?
Nova Institute for Health Inc, previously known as the Institute for Integrative Health, has a mission to foster pioneering work in the field of health and healthcare. They achieve this by linking accomplished individuals from various disciplines, providing them with the necessary freedom and resources to conduct research at their respective institutions. The organization also develops, launches, and assesses programs aimed at empowering vulnerable populations to have a significant impact on their health. Furthermore, Nova Institute for Health pursues initiatives that aim to increase the recognition and adoption of integrative health approaches.
Official website here: www.novainstituteforhealth.org
Who is the CEO of Nova Institute For Health Inc?
Susan Berman is the Principal Officer of Nova Institute For Health Inc.
Official website here: www.novainstituteforhealth.org
What is the revenue of Nova Institute For Health Inc?
Nova Institute For Health Inc's revenue in 2022 was $906,218.
Official website here: www.novainstituteforhealth.org
Who are the executives of Nova Institute For Health Inc and what are their salaries?
The average compensation at Nova Institute For Health Inc during 2022 was $192,767. There are 7 employees and 8 volunteers at Nova Institute For Health Inc.
Here are 8 key members and their salaries:
- Compensation: $541,059
- Related: $0
- Other: $39,412
- Compensation: $229,473
- Related: $0
- Other: $16,843
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $184,787
- Related: $0
- Other: $27,532
- Compensation: $144,200
- Related: $0
- Other: $20,734
- Compensation: $120,221
- Related: $0
- Other: $15,159
Official website here: www.novainstituteforhealth.org
Where can I find the form 990 for Nova Institute For Health Inc?
Nova Institute For Health Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.novainstituteforhealth.org
Learn more at the official website: www.novainstituteforhealth.org
Mission Statement of Nova Institute For Health Inc
Nova Institute for Health Inc, previously known as the Institute for Integrative Health, is an organization dedicated to advancing health and healthcare. It accomplishes this mission by nurturing accomplished visionaries from various fields, providing them with the necessary resources and freedom to pursue groundbreaking work related to health at their respective institutions. The institute further expands its reach by designing, launching, and evaluating programs aimed at empowering vulnerable populations to have a significant impact on their health. In addition to these initiatives, Nova Institute for Health Inc pursues projects that promote the understanding and adoption of integrative health approaches. By doing so, the organization seeks to contribute to a more holistic approach to health and wellness.
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Impact
August, 2024
Nova Institute for Health Inc, formerly the Institute for Integrative Health, has a significant impact on health and healthcare by fostering pioneering work in the field. Through its scholars program, the organization brings together accomplished visionaries from diverse fields and empowers them to pursue innovative initiatives related to health at their respective institutions. Additionally, Nova Institute for Health Inc designs and evaluates programs that aim to increase individuals' influence over their own health, particularly focusing on vulnerable populations. Moreover, the organization spearheads initiatives to raise awareness and encourage the adoption of integrative health approaches. Based in Baltimore, MD, Nova Institute for Health Inc is dedicated to driving positive change in the healthcare landscape and empowering communities to prioritize their health and well-being.
This information is meant to be a general summary of Nova Institute For Health 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: -$37,472
- Program Service Revenue: $1,765
- Gross Receipts: $6,417,293
Assets and Liabilities:
- Total Assets: $12,133,068
- Total Liabilities: $663,108
- Net Assets: $11,469,960
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER INCOME
Revenue
$1,765
Organization Details
Founding Year
2004
Phone
(443) 681-7609Principal Officer
Susan Berman
Main Address
1407 FLEET STREET, BALTIMORE, MD, 21231
NTEE Category
Code: E99 - Health
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