Overview
What is Ronald Mcdonald House Of Central & Northern New Jersey Inc?
Ronald Mcdonald House Of Central & Northern New Jersey Inc serves as a supportive sanctuary for families of seriously ill children undergoing medical treatment at facilities in Long Branch and New Brunswick, New Jersey. This nonprofit organization, with a team of 24 dedicated individuals, provides a "home away from home" environment for these families, ensuring their everyday needs are met through personnel, kitchen facilities, and other essential services. The main goal is to offer a sense of normalcy during this challenging period, allowing families to focus on their children's recovery.
Official website here: www.rmh-cnj.org
What are the reviews and ratings of this charity?
96% rating from Charity Navigator.
Ronald McDonald House of Central & Northern New Jersey Inc has received a Four-Star out of Four Star rating, indicating a high level of accountability and financial health. The charity excels in maintaining an independent board, with all members being independent, and has demonstrated robust financial oversight through their audit committee. Their commitment to transparency is evident, as they have all necessary policies in place, including conflict of interest and whistleblower policies.
The organization also showcases strong program expense management, allocating 72.80% of its budget towards program services. With a low liabilities to assets ratio of 1.03%, it reflects a sound financial position and effective management of resources. These factors contribute to the charity’s strong standing and reliability as a nonprofit.
While the data reflects positive operational practices, the summary does not indicate specific program outcomes or community impact metrics. Therefore, further insight into the effectiveness of their programs and services may be beneficial for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Ronald Mcdonald House Of Central & Northern New Jersey Inc legitimate?
Ronald Mcdonald House Of Central & Northern New Jersey Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ronald Mcdonald House Of Central & Northern New Jersey 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: $113,715
Professional Fundraising Fees: $0
Other Salaries and Wages: $558,803
For more financial information, click here
Official website here: www.rmh-cnj.org
What is the mission statement of Ronald Mcdonald House Of Central & Northern New Jersey Inc?
The Ronald Mcdonald House of Central & Northern New Jersey Inc. is dedicated to providing a comfortable and supportive environment for families whose children are undergoing medical treatment at nearby facilities. This organization serves as a "home away from home," offering essential amenities and resources to help families navigate through this challenging period. By providing fully-equipped facilities and covering necessary expenses, the Ronald Mcdonald House aims to create a normal living environment for these families, allowing them to focus on their child's recovery.
Official website here: www.rmh-cnj.org
Who is the CEO of Ronald Mcdonald House Of Central & Northern New Jersey Inc?
Eric Lasky is the Chairperson of Ronald Mcdonald House Of Central & Northern New Jersey Inc. The CEO's salary of Ronald Mcdonald House Of Central & Northern New Jersey Inc is $31,111 and their total compensation is $32,448.
Official website here: www.rmh-cnj.org
What is the revenue of Ronald Mcdonald House Of Central & Northern New Jersey Inc?
Ronald Mcdonald House Of Central & Northern New Jersey Inc's revenue in 2022 was $758,103.
Official website here: www.rmh-cnj.org
Who are the executives of Ronald Mcdonald House Of Central & Northern New Jersey Inc and what are their salaries?
The average compensation at Ronald Mcdonald House Of Central & Northern New Jersey Inc during 2022 was $28,022. There are 24 employees and 300 volunteers at Ronald Mcdonald House Of Central & Northern New Jersey Inc.
Here are 18 key members and their salaries (Ronald Mcdonald House Of Central & Northern New Jersey Inc's CEO's salary is $31,111 and their total compensation is $32,448):
- Compensation: $61,002
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- Compensation: $31,111
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- Other: $1,337
- Compensation: $30,354
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- Other: $4,441
Official website here: www.rmh-cnj.org
Where can I find the form 990 for Ronald Mcdonald House Of Central & Northern New Jersey Inc?
Ronald Mcdonald House Of Central & Northern New Jersey Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rmh-cnj.org
Learn more at the official website: www.rmh-cnj.org
Mission Statement of Ronald Mcdonald House Of Central & Northern New Jersey Inc
The Ronald McDonald House of Central & Northern New Jersey Inc is committed to providing a "home away from home" for the families of seriously ill children receiving care at medical facilities near their locations. This nonprofit organization aims to alleviate the stress and financial burden that often accompanies extended hospital stays by offering a comfortable and supportive environment where families can rest, eat, and spend time together. The Ronald McDonald House ensures that all program expenses are geared towards maintaining a sense of normalcy for the families, who rely on the organization's personnel, kitchen facilities, and other amenities to help them navigate the challenging journey of caring for their sick children.
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Impact
October, 2024
The Ronald McDonald House of Central & Northern New Jersey Inc significantly alleviates the emotional and financial strain on families with seriously ill children by offering them a supportive "home away from home." Situated near major medical facilities in Long Branch and New Brunswick, this organization provides families with a nurturing environment where they can stay close to their loved ones during critical times.
By focusing on maintaining a comfortable and functional living space, the Ronald McDonald House ensures that families can concentrate on what truly matters: the health and recovery of their children. This includes providing essential amenities such as fully equipped kitchens and communal areas, which foster a sense of community and connection among families facing similar challenges. Ultimately, their work greatly contributes to the overall well-being of these families, helping to create a comforting atmosphere in a time of distress.
This information is meant to be a general summary of Ronald Mcdonald House Of Central & Northern New Jersey 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: -$258,945
- Gross Receipts: $3,180,078
Assets and Liabilities:
- Total Assets: $8,391,684
- Total Liabilities: $87,107
- Net Assets: $8,304,577
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Organization Details
Founding Year
1986
Phone
(732) 222-8755Principal Officer
Eric Lasky
Main Address
145 SOMERSET STREET, NEW BRUNSWICK, NJ, 08901
Website
www.rmh-cnj.orgNTEE Category
Code: E86 - Health
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