Overview
What is James F Ackerman Federation Inc?
James F. Ackerman Federation Inc. is a nonprofit organization, located unspecified, that raises funds for the Jersey Shore University Medical Center. They accomplish this through various events, membership dues, raffles, and contributions. The collected funds are then allocated towards purchasing medical equipment and supporting various hospital and community programs within the medical center. The organization's mission is to bolster the Jersey Shore University Medical Center's capabilities and contribute to the overall well-being of the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Very poor (30%, Zero-Star out of Four Star rating)
James F Ackerman Federation Inc has received a very poor rating from Charity Navigator, primarily due to deficiencies in transparency and accountability. While the organization scores well for having a majority of independent board members and an adequate board size, it falls significantly short in key areas related to governance practices and financial reporting.
The nonprofit received zero points in essential categories such as conflict of interest policies, whistleblower protections, and the retention of meeting minutes. Furthermore, the lack of financial transparency is evident, with a program expense ratio and liabilities to assets ratio both scoring zero. These shortcomings raise concerns about the organization's operational integrity and commitment to best practices in nonprofit management.
Overall, while the governance structure has some strengths, the glaring lack of transparency and accountability measures severely undermines the organization's credibility. Potential donors and stakeholders should be cautious and seek further information before engaging with James F Ackerman Federation Inc.
This AI summary has been generated from information found on Charity Navigator.
Is James F Ackerman Federation Inc legitimate?
James F Ackerman Federation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. James F Ackerman Federation 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: $0
For more financial information, click here
What is the mission statement of James F Ackerman Federation Inc?
James F. Ackerman Federation Inc. is an organization that raises funds through various activities, including raffles, contributions, and dues. The primary purpose of these funds is to support the Jersey Shore University Medical Center. The support extends beyond the hospital, also encompassing various community programs. The funds are utilized to purchase necessary equipment for the medical center. In essence, the organization's mission is to contribute financially to the betterment of the Jersey Shore University Medical Center and its associated community programs.
What is the revenue of James F Ackerman Federation Inc?
James F Ackerman Federation Inc's revenue in 2021 was $5,279.
Who are the executives of James F Ackerman Federation Inc and what are their salaries?
Here are 18 key members and their salaries:
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Where can I find the form 990 for James F Ackerman Federation Inc?
James F Ackerman Federation Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of James F Ackerman Federation Inc
The James F. Ackerman Federation Inc is an organization dedicated to raising funds to support the Jersey Shore University Medical Center. They accomplish this through various fundraising activities, membership dues, raffles, and contributions. Utilizing these resources, the Federation purchases essential equipment and bolsters various hospital and community programs at the Jersey Shore University Medical Center. In essence, the mission of James F. Ackerman Federation Inc is to strengthen the medical center and its surrounding community, ensuring they have the necessary tools and resources to deliver top-notch healthcare services.
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Impact
August, 2024
James F Ackerman Federation Inc's impact is significant in supporting the Jersey Shore University Medical Center through fundraising activities. The organization raises funds to purchase equipment and support various hospital and community programs, ensuring the hospital can provide vital services to the community. Their efforts directly contribute to enhancing healthcare services and supporting those in need through their dedicated fundraising initiatives.
This information is meant to be a general summary of James F Ackerman Federation 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 2021.
- Gross Receipts: $11,450
Assets and Liabilities:
- Total Assets: $13,361
- Total Liabilities: $0
- Net Assets: $13,361
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Organization Details
Founding Year
1999
Principal Officer
Mary Pat Riordan
NTEE Category
Code: P24 - Human services
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