Overview
What is Newark Aids Consortium Inc?
Newark Aids Consortium Inc is a nonprofit organization situated in Newark, New Jersey. Its primary mission is to offer comprehensive care to individuals living with HIV/AIDS. The organization operates a 78-bed healthcare facility, providing nursing home services and other necessary medical support. Its primary focus is on delivering aid to those affected by HIV/AIDS within the Newark community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
Newark Aids Consortium Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid level of performance with an overall score of 77%. This rating is primarily derived from a high Accountability & Finance score of 75%, which indicates effective management of its financial resources. The organization demonstrates excellent governance with a fully independent board and strong policies in place for conflicts of interest and whistleblower protections.
In terms of financial health, Newark Aids Consortium shows a favorable Program Expense Ratio of 89.18%, indicating that a significant portion of its expenses is directed toward its mission-driven programs. Additionally, the organization maintains a low liabilities to assets ratio of 52.29%, suggesting a strong balance sheet. The nonprofit's commitment to accountability is further underscored by its transparency in financial practices and asset management.
The organization also excels in its Culture & Community score, achieving a perfect 100. This suggests that it actively collects and utilizes feedback from its stakeholders, which is essential for fostering a responsive and inclusive organizational environment. Overall, while the organization showcases many strengths, the moderate overall rating leaves room for continuous improvement in financial practices and outreach initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Newark Aids Consortium Inc legitimate?
Newark Aids Consortium Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newark Aids Consortium 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,045,488
For more financial information, click here
What is the mission statement of Newark Aids Consortium Inc?
The Newark Aids Consortium is an organization committed to delivering care to individuals living with HIV/AIDS. Their primary focus is to offer nursing home and various healthcare services within a 78-bed facility. The organization's mission is centered around providing essential support and medical care to those affected by HIV/AIDS, aiming to improve their quality of life.
Who is the CEO of Newark Aids Consortium Inc?
Unavailable The CEO's salary of Newark Aids Consortium Inc is $400,000 and their total compensation is $400,000.
What is the revenue of Newark Aids Consortium Inc?
Newark Aids Consortium Inc's revenue in 2022 was $10,897,879.
Who are the executives of Newark Aids Consortium Inc and what are their salaries?
The average compensation at Newark Aids Consortium Inc during 2022 was $53,940. There are 75 employees at Newark Aids Consortium Inc.
Here are 7 key members and their salaries (Newark Aids Consortium Inc's CEO's salary is $400,000 and their total compensation is $400,000):
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- Compensation: $400,000
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Where can I find the form 990 for Newark Aids Consortium Inc?
Newark Aids Consortium Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Newark Aids Consortium Inc
The Newark Aids Consortium is a dedicated organization that focuses on providing care to individuals living with HIV/AIDS. Its mission is centered around offering nursing home and various healthcare services to those in need, operating within a 78-bed facility. This nonprofit organization is committed to supporting HIV/AIDS patients in their journey towards recovery and wellness, ensuring they receive the necessary medical attention and care.
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Impact
October, 2024
Newark Aids Consortium Inc significantly impacts the community by offering essential care and support to HIV/AIDS patients in Newark, NJ. By operating a 78-bed facility, it provides vital healthcare services, including a nursing home, ensuring that individuals living with HIV/AIDS receive the specialized care they need in a safe and supportive environment. The organization plays a crucial role in improving the quality of life for these patients, addressing their medical needs and helping to foster a sense of community and belonging among those affected by the disease. Through its dedicated efforts, Newark Aids Consortium Inc contributes to reducing stigma, promoting awareness, and enhancing health outcomes for a vulnerable population in the region.
This information is meant to be a general summary of Newark Aids Consortium 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: $5,854
- Program Service Revenue: $10,331,943
- Gross Receipts: $10,897,879
Assets and Liabilities:
- Total Assets: $7,220,941
- Total Liabilities: $3,776,466
- Net Assets: $3,444,475
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NURSING HOME SERVICES
Revenue
$10,300,275
Organization Details
Founding Year
1992
Phone
(973) 268-9797Main Address
298 BROADWAY, NEWARK, NJ, 07104
NTEE Category
Code: G81Z - Disease
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