Ch Neurology 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: 222678594 ✦ Boston, MA ✦ Designated as a 501(c)(3)

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Overview

What is Ch Neurology Foundation Inc?

Ch Neurology Foundation Inc is a Boston, Massachusetts-based nonprofit organization, specifically located at 300 Longwood Avenue, Floor 11. The foundation primarily offers neurology services to patients at Boston Children's Hospital and its satellite locations. They are committed to using any net income generated exclusively for charitable, scientific, and educational purposes. The foundation serves patients regardless of their ability to pay and provides essential hospital and community-based services that may be limited in the area. The foundation's mission includes carrying out and advancing medical research and education in the neurology field, as stated in their description (Schedule O). With around 74 employees, the Ch Neurology Foundation Inc strives to improve healthcare access and deliver neurology services to those in need.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Star rating)

The Ch Neurology Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a generally positive evaluation of its performance. The rating is based solely on Accountability & Finance, where the organization scored 79%. This score reflects the foundation's commitment to transparency and responsible financial practices, which are important indicators for donors considering their support.

Strengths of the foundation include a perfect score in areas such as Audit and Oversight, Material Diversion of Assets, and a robust Conflict of Interest Policy. Additionally, the organization demonstrates effective management of its resources with a low liabilities to assets ratio of 26.71% and a high program expense ratio of 86.04%, suggesting that a significant portion of its funding is directed towards its programs rather than administrative costs.

However, while the foundation excels in financial accountability, it is essential to note that the overall score is solely derived from this area, without assessments of other potential impact indicators. Prospective donors may want to consider reviewing additional factors, such as program outcomes and community feedback, to gain a more comprehensive understanding of the foundation's effectiveness in fulfilling its mission.


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

Is Ch Neurology Foundation Inc legitimate?

Ch Neurology Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ch Neurology 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: $3,953,149
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,594,869

For more financial information, click here

What is the mission statement of Ch Neurology Foundation Inc?

The Ch Neurology Foundation Inc is dedicated to delivering neurology services primarily in hospitals and satellite locations. Its mission extends beyond providing care to those in need, as it also supports and advances medical research and education in the neurology field. The Foundation ensures access to its services for patients regardless of their financial capabilities. It carries out these activities, as outlined in Schedule O.

Who is the CEO of Ch Neurology Foundation Inc?

Scott L Pomeroy Md is the President of Ch Neurology Foundation Inc.

What is the revenue of Ch Neurology Foundation Inc?

Ch Neurology Foundation Inc's revenue in 2022 was $42,831,780.

Who are the executives of Ch Neurology Foundation Inc and what are their salaries?

The average compensation at Ch Neurology Foundation Inc during 2022 was $385,784. There are 74 employees at Ch Neurology Foundation Inc.


Here are 19 key members and their salaries:


Scott L Pomeroy Md (President)
  • Compensation: $225,262
  • Related: $0
  • Other: $64,421
David Urion Md (Clerk (10/21-3/22))
  • Compensation: $400,493
  • Related: $0
  • Other: $77,767
Frank H Davis Jr (Treasurer (10/21-5/22))
  • Compensation: $0
  • Related: $159,913
  • Other: $18,049
Phillip L Pearl Md (Director)
  • Compensation: $410,728
  • Related: $0
  • Other: $78,008
Robert R Wolff Md (Director)
  • Compensation: $351,384
  • Related: $0
  • Other: $75,536
William Simmons (Clerk (4/22-9/22))
  • Compensation: $0
  • Related: $9,226
  • Other: $0
Michael J Rivkin Md (Director)
  • Compensation: $337,788
  • Related: $0
  • Other: $75,991
Basil Darras Md (Director)
  • Compensation: $444,096
  • Related: $0
  • Other: $78,115
Mustafa Sahin Md (Director)
  • Compensation: $443,816
  • Related: $0
  • Other: $78,115
Miya Bernson-Leung Md (Director)
  • Compensation: $163,884
  • Related: $0
  • Other: $48,226
Elizabeth Barkoudah Md (Director)
  • Compensation: $213,353
  • Related: $0
  • Other: $63,138
Nicole Ullrich Md (Director)
  • Compensation: $254,747
  • Related: $0
  • Other: $71,284
Dave Loomis (Treasurer (6/22-9/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Physicians Org At Ch Inc (Instutional Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexander Rotenberg Md (Physician)
  • Compensation: $335,523
  • Related: $0
  • Other: $76,169
Masanori Takeoka Md (Physician)
  • Compensation: $302,858
  • Related: $0
  • Other: $76,202
Judith Owens Md (Physician)
  • Compensation: $332,077
  • Related: $0
  • Other: $76,861
Mark Libenson Md (Physician)
  • Compensation: $293,524
  • Related: $0
  • Other: $76,167
Eugene J Roe Md (Physician)
  • Compensation: $309,962
  • Related: $0
  • Other: $75,473
Where can I find the form 990 for Ch Neurology Foundation Inc?

Ch Neurology Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ch Neurology Foundation Inc

The Ch Neurology Foundation Inc is dedicated to delivering neurology services primarily to patients in need, with a focus on those receiving care at Boston Children's Hospital and satellite locations. This nonprofit organization goes above and beyond by conducting and promoting fundamental and applied medical research and education in the field of neurology. The Foundation's ultimate goal is to ensure that patients receive the necessary neurology care, regardless of their financial capabilities. Through its efforts, the Ch Neurology Foundation Inc extends its reach to the community by providing and subsidizing limited hospital and community-based services. By doing so, it ensures that every individual in need has access to the vital care and resources they require. The Foundation's unwavering commitment to the realm of neurology and its patients sets it apart as a beacon of hope and progress.

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Impact




October, 2024

Ch Neurology Foundation Inc significantly enhances the landscape of neurological care in Boston and its surrounding communities. By providing specialized neurology services at Boston Children's Hospital and its satellite locations, the Foundation ensures that pediatric patients receive high-quality, expert medical attention.

One of the Foundation's most impactful initiatives is its commitment to treating patients without regard to their ability to pay, thus making essential neurology services accessible to all families in need. This inclusivity helps bridge the gap for those who might otherwise face barriers in accessing crucial healthcare, fostering a healthier community.

Moreover, the Foundation not only delivers direct patient care but also invests in hospital and community-based services that are often limited or unavailable. Through these efforts, it addresses critical health disparities and ensures that comprehensive neurologic care reaches those who need it most.

In addition to patient care, the Foundation is dedicated to advancing knowledge in the field of neurology through basic and applied medical research and education. By promoting scientific inquiries and educational initiatives, it contributes to the ongoing development of effective treatments and therapies, benefiting both current and future generations of patients.

Overall, Ch Neurology Foundation Inc plays a vital role in enhancing healthcare access, advancing medical research, and improving patient outcomes in the field of neurology, ultimately shaping a healthier future for the communities it serves.




This information is meant to be a general summary of Ch Neurology 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
$42,831,780 (2022)
Expenses
$44,867,929 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$538,612
  • Program Service Revenue: $38,877,008
  • Gross Receipts: $66,106,924

Assets and Liabilities:

  • Total Assets: $29,830,545
  • Total Liabilities: $7,969,073
  • Net Assets: $21,861,472

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Programs

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

Patient Service Revenue

Revenue

$37,374,048

Other Revenue

Revenue

$1,070,407

Education & Research

Revenue

$432,553

Organization Details

Founding Year

1986

Principal Officer

Scott L Pomeroy Md

Main Address

300 Longwood Avenue Feg 11, Boston, MA, 02115

NTEE Category

Code: G90 - Disease

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