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Buddies Of New Jersey Inc

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

EIN: 222767627 ✦ Hackensack, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Buddies Of New Jersey Inc?

Buddies Of New Jersey Inc, located at 149 HUDSON STREET, HACKENSACK, NJ 07601, is a dedicated nonprofit organization. Their primary mission is to offer support, education, and various services to individuals affected by HIV/AIDS. Their comprehensive offerings include medical case management, dental services, substance abuse treatment, psychological counseling, transportation assistance, a food pantry, and community outreach programs. Furthermore, Buddies Of New Jersey Inc provides support groups and offers resources for those living with HIV/AIDS, aiming to improve their quality of life. With a workforce of 24 individuals, they are committed to making a positive impact in the community.


Official website here: www.njbuddies.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 96% - Four-Star out of Four Star Rating

Buddies Of New Jersey Inc has achieved a Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored exceptionally well across various metrics, demonstrating a commitment to transparency and effective governance, with a fully independent board and robust auditing practices.

The charity's fiscal management is highlighted by a low liability-to-assets ratio of 44.91% and a remarkable program expense ratio of 95.99%, indicating that a significant portion of its resources is directed toward its programs rather than administrative costs. This financial efficiency underscores its dedication to maximizing impact within the community it serves.

While the data showcases the organization's strengths, the absence of additional qualitative feedback and insights into its program outcomes limits a holistic understanding of its overall effectiveness. Nonetheless, the strong financial ratings suggest that Buddies Of New Jersey Inc is well-positioned to fulfill its mission responsibly.


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

Is Buddies Of New Jersey Inc legitimate?

Buddies Of New Jersey Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Buddies Of 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: $121,551
Professional Fundraising Fees: $0
Other Salaries and Wages: $903,040

For more financial information, click here


Official website here: www.njbuddies.org

What is the mission statement of Buddies Of New Jersey Inc?

Buddies Of New Jersey Inc's mission is to offer support, education, and essential services to individuals who are infected or affected by HIV/AIDS. This organization aims to provide a comprehensive range of resources, including medical case management, dental services, transportation assistance, food pantry, substance abuse programs, psychological counseling, community outreach, and support groups. Their goal is to improve the quality of life for those living with HIV/AIDS and provide them with the necessary tools for managing their condition.


Official website here: www.njbuddies.org

Who is the CEO of Buddies Of New Jersey Inc?

Richard Miles is the Trustee of Buddies Of New Jersey Inc.


Official website here: www.njbuddies.org

What is the revenue of Buddies Of New Jersey Inc?

Buddies Of New Jersey Inc's revenue in 2022 was $5,328,935.


Official website here: www.njbuddies.org

Who are the executives of Buddies Of New Jersey Inc and what are their salaries?

The average compensation at Buddies Of New Jersey Inc during 2022 was $42,691. There are 24 employees at Buddies Of New Jersey Inc.


Here are 8 key members and their salaries:


James Thebery (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seung Woo Yoo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Wade (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Xio Mora-Lopez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anika Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Haldy Javier Peguero (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Monroe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Miles (Executive Director)
  • Compensation: $111,721
  • Related: $0
  • Other: $6,319


Official website here: www.njbuddies.org

Where can I find the form 990 for Buddies Of New Jersey Inc?

Buddies Of New Jersey Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.njbuddies.org

Learn more at the official website: www.njbuddies.org

Mission Statement of Buddies Of New Jersey Inc

Buddies Of New Jersey Inc is an organization dedicated to providing support, education, and services to individuals infected and affected by HIV/AIDS. Their mission is centered around assisting these individuals in various ways, ensuring they receive the necessary medical, psychological, and social care.

Under the Ryan White Program, Buddies Of New Jersey Inc offers a comprehensive range of services. This includes medical case management, providing vital support to those living with HIV/AIDS. Case management is also offered, ensuring individuals receive the care they need, from scheduling appointments to navigating the healthcare system. Additionally, the organization provides dental services to help maintain their patients' oral health. Transportation assistance is offered to ensure individuals can attend medical appointments and access necessary resources, regardless of their ability to travel independently.

Furthermore, Buddies Of New Jersey Inc operates a food pantry to provide basic necessities and alleviate food insecurity. Substance abuse services are offered, aiming to help individuals overcome addiction and improve their overall well-being. Psychological counseling is available to provide emotional support and help individuals cope with the challenges associated with living with HIV/AIDS. Community outreach and support groups are also provided, fostering a sense of community and providing a platform for individuals to share their experiences and gain support from others.

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Impact




October, 2024

Buddies Of New Jersey Inc significantly impacts the lives of individuals infected and affected by HIV/AIDS through a comprehensive range of support services. By offering medical case management, the organization ensures that clients have access to essential health care resources, addressing the complex needs surrounding their condition.

Their programs, including dental services and transportation assistance, eliminate barriers to essential health care, allowing individuals to focus on their treatment and well-being. The food pantry alleviates food insecurity, providing nutritious support to those who might otherwise struggle to meet their daily needs.

Buddies Of New Jersey Inc also addresses mental health through psychological counseling and substance abuse services, recognizing the intertwined nature of physical and mental health challenges faced by individuals living with HIV/AIDS. Their community outreach and support groups foster a sense of belonging and provide invaluable emotional support, helping individuals navigate the social and emotional hurdles associated with their diagnosis.

Overall, Buddies Of New Jersey Inc plays a vital role in improving health outcomes, fostering community, and enhancing the quality of life for those affected by HIV/AIDS in the region.




This information is meant to be a general summary of Buddies Of 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.

Revenue
$5,328,935 (2022)
Expenses
$4,970,612 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $41
  • Program Service Revenue: $3,537,675
  • Gross Receipts: $5,344,760

Assets and Liabilities:

  • Total Assets: $1,450,763
  • Total Liabilities: $607,991
  • Net Assets: $842,772

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Programs

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

340B PROGRAM

Revenue

$3,537,675

Organization Details

Founding Year

1985

Principal Officer

Richard Miles

Main Address

149 HUDSON STREET, HACKENSACK, NJ, 07601

NTEE Category

Code: G81Z - Disease

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