Albert Einstein College Of Medicine Student Housing Co Inc

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

EIN: 237075620 ✦ Bronx, NY ✦ Designated as a 501(c)(2)

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Overview

What is Albert Einstein College Of Medicine Student Housing Co Inc?

Albert Einstein College of Medicine Student Housing Co Inc, a title-holding company exempt under IRC Section 501(C)(2), is primarily dedicated to providing residential facilities for medical students and staff members affiliated with the Albert Einstein College of Medicine, a nonprofit organization focused on advancing basic science, health-related, and translational research in the public interest. This housing arrangement allows students to reside close to the college, fostering easy accessibility to their educational pursuits. The company, with a small workforce of three employees, plays a crucial role in supporting the college's mission by ensuring its students have convenient and conducive living arrangements.

Is Albert Einstein College Of Medicine Student Housing Co Inc legitimate?

Albert Einstein College Of Medicine Student Housing Co Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Albert Einstein College Of Medicine Student Housing Co 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: $533,363

For more financial information, click here

What is the mission statement of Albert Einstein College Of Medicine Student Housing Co Inc?

Albert Einstein College of Medicine Student Housing Co Inc's primary role is to offer housing solutions for medical students attending Albert Einstein College of Medicine. This organization, functioning under IRC Section 501(C)(2), aims to facilitate residential proximity for these students, thereby enabling them to conveniently engage with their academic pursuits. As a title-holding company, it manages housing and related facilities for the students and staff members of this medical institution. The Albert Einstein College of Medicine, a Section 501(C)(3) organization, focuses on advancing basic science, health-related, and translational research in the public interest. It also prioritizes training ethical, compassionate physicians and facilitating medical education. In essence, Albert Einstein College of Medicine Student Housing Co Inc serves as a crucial link, providing essential housing for medical students, allowing them to fully engage in their academic journey.

Who is the CEO of Albert Einstein College Of Medicine Student Housing Co Inc?

Unavailable

What is the revenue of Albert Einstein College Of Medicine Student Housing Co Inc?

Albert Einstein College Of Medicine Student Housing Co Inc's revenue in 2023 was $8,357,484.

Who are the executives of Albert Einstein College Of Medicine Student Housing Co Inc and what are their salaries?

The average compensation at Albert Einstein College Of Medicine Student Housing Co Inc during 2023 was $177,788. There are 3 employees at Albert Einstein College Of Medicine Student Housing Co Inc.


Here are 3 key members and their salaries:


Christopher S Panczner (Secretary)
  • Compensation: $0
  • Related: $1,857,333
  • Other: $41,124
Edward Pfleging (Treasurer)
  • Compensation: $0
  • Related: $1,085,621
  • Other: $262,210
Gordon F Tomaselli Md (President)
  • Compensation: $0
  • Related: $1,868,132
  • Other: $53,022
Where can I find the form 990 for Albert Einstein College Of Medicine Student Housing Co Inc?

Albert Einstein College Of Medicine Student Housing Co Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Albert Einstein College Of Medicine Student Housing Co Inc

Albert Einstein College of Medicine Student Housing Co Inc is a non-profit organization with a mission to provide suitable housing for medical students attending Albert Einstein College of Medicine. This mission is crucial as it enables these students to reside near the college, fostering easier access to their studies and associated facilities. Belonging to the category of 501(c)(3) organizations, Albert Einstein College of Medicine's primary objective is to advance scientific research and medical education in the public interest. By offering student housing, the company supports this mission by ensuring that the students are well-positioned to focus on their studies with minimal distractions. The organization serves as a catalyst, enabling the college to train compassionate and ethical physicians, thereby contributing to the betterment of the medical community at large.

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Impact




October, 2024

Albert Einstein College Of Medicine Student Housing Co Inc plays a pivotal role in supporting the academic and professional success of medical students at the Albert Einstein College of Medicine. By providing accessible and well-maintained housing, the organization ensures that students can live in close proximity to their educational institution. This reduces commute times, allowing students to dedicate more time to their studies and clinical responsibilities.

The availability of reliable student housing contributes to a positive living environment, which is crucial for the mental and emotional well-being of medical students, who often face rigorous schedules and pressures. Furthermore, by fostering a close-knit community among residents, the housing facilities encourage collaboration and peer support, enhancing the overall educational experience.

Ultimately, the organization helps to facilitate the mission of the Albert Einstein College of Medicine by ensuring that students can focus on advancing their education and training, which aligns with the institution's goal of promoting health-related and translational research in the public interest. The impact extends beyond individual students, contributing to the overall quality of healthcare professionals entering the field.




This information is meant to be a general summary of Albert Einstein College Of Medicine Student Housing Co 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
$8,357,484 (2023)
Expenses
$8,851,601 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $69,474
  • Program Service Revenue: $7,480,239
  • Gross Receipts: $8,357,484

Assets and Liabilities:

  • Total Assets: $38,795,897
  • Total Liabilities: $52,047,269
  • Net Assets: -$13,251,372

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Programs

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

RENTAL INCOME

Revenue

$7,480,239

Organization Details

Founding Year

1969

Main Address

1300 MORRIS PARK AVENUE, BRONX, NY, 104611975

NTEE Category

Code: S47 - Community improvement

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