Overview
What is Ironbound Ambulance Squad Inc?
Ironbound Ambulance Squad Inc is a small, dedicated nonprofit organization situated in Newark, New Jersey. Their primary mission is to provide complimentary medical transportation services to local residents, ensuring they can access necessary hospital care. They operate tirelessly, managing approximately 6,000 runs throughout the year. Despite their modest size, with only one employee, their commitment to the community is evident in their tireless efforts to make healthcare accessible for Newark residents.
Official website here: www.ironboundambulance.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (50%)
Ironbound Ambulance Squad Inc has received a one-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The overall score reflects a lack of transparency, particularly highlighted by a missing conflict of interest policy and the absence of the nonprofit's tax form on its website. While the organization has a fully independent board and demonstrates good practices in document retention and meeting minutes, these strengths are overshadowed by critical weaknesses in financial transparency.
The program expense ratio is notably low at 28.89%, which raises questions about the effective allocation of resources towards its mission. The liabilities to assets ratio is also at 0.00%, suggesting potential issues with financial health and sustainability. Although the nonprofit has implemented some governance measures, the failure to address essential policies indicates a need for improvement in operational practices.
Overall, while Ironbound Ambulance Squad Inc demonstrates some positive aspects in governance, the significant gaps in financial accountability and transparency may deter potential donors and stakeholders from supporting the organization. Addressing these issues could enhance its credibility and effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Ironbound Ambulance Squad Inc legitimate?
Ironbound Ambulance Squad Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ironbound Ambulance Squad 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: $26,000
For more financial information, click here
Official website here: www.ironboundambulance.org
What is the mission statement of Ironbound Ambulance Squad Inc?
The mission of Ironbound Ambulance Squad Inc, as stated, primarily revolves around providing no-cost medical transportation services to residents of Newark, with an impressive volume of approximately 6,000 runs annually, operating round the clock for 365 days. This organization's mission is essential in ensuring that individuals in need of hospital care can access it without financial burden. The squad's unwavering commitment to this vital service plays a significant role in the community, contributing to the overall health and well-being of its residents.
Official website here: www.ironboundambulance.org
What is the revenue of Ironbound Ambulance Squad Inc?
Ironbound Ambulance Squad Inc's revenue in 2024 was $89,006.
Official website here: www.ironboundambulance.org
Who are the executives of Ironbound Ambulance Squad Inc and what are their salaries?
The average compensation at Ironbound Ambulance Squad Inc during 2024 was $26,000. There is 1 employee at Ironbound Ambulance Squad Inc.
Here are 7 key members and their salaries:
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Official website here: www.ironboundambulance.org
Where can I find the form 990 for Ironbound Ambulance Squad Inc?
Ironbound Ambulance Squad Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ironboundambulance.org
Learn more at the official website: www.ironboundambulance.org
Mission Statement of Ironbound Ambulance Squad Inc
Ironbound Ambulance Squad Inc is dedicated to providing a crucial service within its community. This nonprofit organization specializes in offering no-cost medical transportation to hospitals for Newark residents, making around 6,000 runs per year, ensuring round-the-clock coverage for 365 days. By providing this essential service, Ironbound Ambulance Squad Inc plays a significant role in ensuring that individuals in need of medical attention can access the care they require, regardless of their financial situation. The organization's commitment to this mission underlines its dedication to serving its community and ensuring that everyone has access to necessary medical services, thereby contributing to the overall well-being of Newark's residents.
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Impact
August, 2024
Ironbound Ambulance Squad Inc's impact is profound as it provides no-cost medical transportation to hospitals for Newark residents. The organization conducts approximately 6,000 runs over the course of 365 days, ensuring that individuals in need receive timely and essential medical care without the burden of transportation costs. This vital service directly contributes to the health and well-being of the community, particularly benefiting those who may face financial barriers to accessing healthcare. By offering this crucial service, Ironbound Ambulance Squad Inc positively impacts the lives of Newark residents by providing a lifeline during medical emergencies.
This information is meant to be a general summary of Ironbound Ambulance Squad 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 2024.
- Investment Income: $67
- Gross Receipts: $89,006
Assets and Liabilities:
- Total Assets: $78,971
- Total Liabilities: $0
- Net Assets: $78,971
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Organization Details
Founding Year
1953
Principal Officer
Manuel Oliveira
Website
www.ironboundambulance.orgNTEE Category
Code: E62 - Health
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