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Stein Senior Center Inc

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

EIN: 237378342 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Stein Senior Center Inc?

Stein Senior Center Inc, located at 204 EAST 23RD STREET, NEW YORK, NY 10010, is a nonprofit organization dedicated to serving senior citizens in the local community. Funded by the NYC Department for the Aging, the center offers around 22,500 nutritious meals to elderly residents. In addition to dining options, the center provides enriching activities such as yoga, meditation, exercise classes, and artistic pursuits like poetry and lively arts. These activities aim to promote physical and mental well-being among seniors, fostering an overall improved quality of life. The center employs a total of 6 individuals, ensuring that it can effectively cater to the needs of its senior community members.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Stars)

Stein Senior Center Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. This organization scored 94% in its overall rating, with the entire score derived from its Accountability & Finance metrics. Such a high rating suggests that Stein Senior Center Inc effectively manages its resources and adheres to best practices in governance.

The organization's strengths lie in its independent board structure, with 100% of board members being independent, which bolsters its accountability. Additionally, Stein Senior Center Inc has demonstrated robust financial oversight with perfect scores in various categories, including conflict of interest and whistleblower policies. Its program expense ratio is particularly noteworthy at 99.17%, indicating a strong focus on delivering services rather than administrative costs.

While the ratings reflect an overall sound financial standing, it is also important for potential donors and stakeholders to monitor ongoing performance and impact. Maintaining high standards in governance and transparency will ensure that Stein Senior Center Inc continues to effectively serve its community needs.


This AI summary has been generated from information found on Charity Navigator.

Is Stein Senior Center Inc legitimate?

Stein Senior Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stein Senior Center 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: $83,708
Professional Fundraising Fees: $0
Other Salaries and Wages: $236,677

For more financial information, click here

What is the mission statement of Stein Senior Center Inc?

The mission of Stein Senior Center Inc. is centered around serving the senior community locally. Through this mission, they offer nutritious meals and engage seniors in enriching activities. The center's activities are designed to enhance the quality of life for elderly individuals, including classes in yoga, meditation, exercise, tai-chi, zumba, bone fitness, arthritis exercise, poetry, and lively arts.

Who is the CEO of Stein Senior Center Inc?

Marilyn Green is the Chairperson of Stein Senior Center Inc.

What is the revenue of Stein Senior Center Inc?

Stein Senior Center Inc's revenue in 2023 was $853,747.

Who are the executives of Stein Senior Center Inc and what are their salaries?

The average compensation at Stein Senior Center Inc during 2023 was $53,398. There are 6 employees at Stein Senior Center Inc.


Here are 7 key members and their salaries:


Leigh Merrill (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Bell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melene C Follert (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol A Letterman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marina Sgroi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda M Kates (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marilyn Green (Executive Director)
  • Compensation: $81,889
  • Related: $0
  • Other: $0
Where can I find the form 990 for Stein Senior Center Inc?

Stein Senior Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Stein Senior Center Inc

Stein Senior Center Inc is dedicated to serving the needs of senior citizens within its local community. The primary objective of this nonprofit organization is to enhance the living experience of seniors by providing them with nutritious meals and engaging activities. Through a government grant from the NYC Department for the Aging, Stein Senior Center Inc serves around 22,500 meals at its center to senior residents in the area. Furthermore, the center offers a variety of enriching activities such as yoga, meditation, exercise classes, tai-chi, zumba, bone fitness, arthritis exercise, poetry sessions, and lively arts workshops, all designed to promote the overall well-being and enjoyment of its senior members.

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Impact




October, 2024

Stein Senior Center Inc significantly enhances the quality of life for senior citizens in the local community through its dedicated programs and services. By providing approximately 22,500 meals annually, the center addresses the nutritional needs of seniors, ensuring they receive healthy and balanced options.

In addition to meal services, the center offers a diverse range of enriching activities, including yoga, meditation, exercise classes, tai-chi, zumba, bone fitness, arthritis exercise, poetry, and lively arts. These programs not only promote physical health but also foster social connections and mental well-being among participants, creating a vibrant community where seniors can thrive.

Through these initiatives, Stein Senior Center Inc plays a vital role in improving community cohesion and enhancing the overall quality of life for older adults, helping them to remain active and engaged within their community.




This information is meant to be a general summary of Stein Senior Center 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
$853,747 (2023)
Expenses
$854,928 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $206
  • Program Service Revenue: $945
  • Gross Receipts: $853,747

Assets and Liabilities:

  • Total Assets: $577,343
  • Total Liabilities: $120,065
  • Net Assets: $457,278

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Programs

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

ACTIVITY CONTRIBUTION

Revenue

$945

Organization Details

Founding Year

1974

Principal Officer

Marilyn Green

Main Address

204 EAST 23RD STREET, NEW YORK, NY, 10010

NTEE Category

Code: S80Z - Community improvement

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