Overview
What is New Jersey Veterinary Foundation Inc?
New Jersey Veterinary Foundation Inc is a nonprofit organization situated in Bridgewater, New Jersey. Their primary mission is to promote and advance veterinary medicine, ensuring the health, well-being, and humane treatment of animals, while fostering the human-animal bond. They accomplish this through various avenues, including public and professional education. One of their key initiatives involves providing educational loans, which further supports the development of the veterinary field. The Foundation's location in New Jersey allows it to contribute to the local veterinary community and beyond.
Official website here: www.njvf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
The New Jersey Veterinary Foundation Inc has received a two-star rating from Charity Navigator, indicating that while the organization has strengths, there remain areas for significant improvement. With a perfect score of 100% in Accountability & Finance, the foundation demonstrates solid management in financial practices. However, it struggles with governance and transparency issues, as reflected in low scores for its independent board size and the absence of key policies like conflict of interest and whistleblower protections.
The foundation's board composition shows potential for improvement, with the rating highlighting that while all board members are independent, the overall size of the board is not adequate. Additionally, some transparency measures, such as posting tax forms on its website, were not met, suggesting a need for better communication of important information to stakeholders. The organization's program expense ratio is promising, indicating effective allocation of resources towards its mission.
In summary, while the New Jersey Veterinary Foundation shows strong financial accountability and independent board oversight, it faces challenges in governance practices and transparency that need to be addressed to enhance its effectiveness and trust with the public.
This AI summary has been generated from information found on Charity Navigator.
Is New Jersey Veterinary Foundation Inc legitimate?
New Jersey Veterinary Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Jersey Veterinary Foundation 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
Official website here: www.njvf.org
What is the mission statement of New Jersey Veterinary Foundation Inc?
The New Jersey Veterinary Foundation Inc's mission is centered around promoting and advancing veterinary medicine. This is achieved through public and professional education, ensuring the health, well-being, and humane treatment of animals, and fostering the human-animal bond. The organization also provides assistance to the field of veterinary medicine, striving to enhance its development. One of their key initiatives involves offering educational loans to further this cause.
Official website here: www.njvf.org
Who is the CEO of New Jersey Veterinary Foundation Inc?
Dr Michael Yurkus is the Chair of New Jersey Veterinary Foundation Inc.
Official website here: www.njvf.org
What is the revenue of New Jersey Veterinary Foundation Inc?
New Jersey Veterinary Foundation Inc's revenue in 2023 was $10,379.
Official website here: www.njvf.org
Who are the executives of New Jersey Veterinary Foundation Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.njvf.org
Where can I find the form 990 for New Jersey Veterinary Foundation Inc?
New Jersey Veterinary Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.njvf.org
Learn more at the official website: www.njvf.org
Mission Statement of New Jersey Veterinary Foundation Inc
New Jersey Veterinary Foundation Inc is dedicated to promoting, advancing, and assisting in the field of veterinary medicine. They achieve this mission through a focus on public and professional education, ensuring the health and well-being of animals, and fostering a humane treatment approach to the human-animal bond. This nonprofit organization seeks to make a significant impact on veterinary medicine, striving to improve the lives of both animals and their human companions.
One of the ways New Jersey Veterinary Foundation Inc accomplishes its mission is by providing educational loans. These loans help aspiring veterinarians and veterinary students pursue their education and eventually contribute to the field of veterinary medicine. By investing in the next generation of veterinary professionals, the foundation plays a crucial role in advancing knowledge and skills in the field, ultimately benefiting animals and their owners.
In summary, New Jersey Veterinary Foundation Inc is a nonprofit organization committed to enhancing veterinary medicine. Through their educational initiatives and dedication to the well-being of animals, they strive to promote a humane and compassionate approach to animal care. By investing in the future of the veterinary profession, they are ensuring that animals and their human companions continue to receive the best possible care.
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Impact
August, 2024
New Jersey Veterinary Foundation Inc's impact is significant in promoting, advancing, and assisting veterinary medicine through public and professional education. They play a crucial role in enhancing the health, well-being, and humane treatment of animals, as well as nurturing the human-animal bond. By focusing on educational loans and programs, they are actively supporting the growth and development of veterinary professionals, ultimately benefiting both animals and the community. Their dedication to education underscores their commitment to improving veterinary care and strengthening the bond between humans and animals.
This information is meant to be a general summary of New Jersey Veterinary Foundation 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 2023.
- Investment Income: $7,950
- Gross Receipts: $10,379
Assets and Liabilities:
- Total Assets: $453,497
- Total Liabilities: $117
- Net Assets: $453,380
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Organization Details
Founding Year
1975
Phone
(908) 359-1184Principal Officer
Dr Michael Yurkus
Main Address
750 HIGHWAY 202 SUITE 200, BRIDGEWATER, NJ, 08807
Website
www.njvf.orgNTEE Category
Code: B11 - Education
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