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Newco Alp Inc

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

EIN: 270215997 ✦ Hempstead, NY ✦ Designated as a 501(c)(3)

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Overview

What is Newco Alp Inc?

Newco Alp Inc is a nonprofit organization situated in Hempstead, New York, with the address 820 Front Street. Their primary mission is to enhance the health care and overall quality of life for individuals within their community, accomplishing this goal through innovative programs. The organization ensures that its services are accessible to individuals from all income levels.


Official website here: www.islandassistedliving.com

What are the reviews and ratings of this charity?

Charity Navigator has rated Newco Alp Inc with a score of 81%, awarding it a Three-Star out of Four Star rating. This score is derived solely from an Accountability & Finance beacon, suggesting a focus on transparency and fiscal responsibility. The organization demonstrates strong governance practices, with a fully independent board and various essential policies in place, such as a conflict of interest and whistleblower policy.

However, there are areas of concern that may impact its overall rating. Although the nonprofit has impressive program expense ratios, indicating effective use of funds towards its mission, it has received a low score for its liabilities to assets ratio, which could point to financial instability. Additionally, the organization's tax form is notably missing from its website, which raises questions about accessibility and transparency in financial reporting.

No user reviews from GreatNonprofits are available for Newco Alp Inc, so insights into public sentiment from users are not present. Overall, while the organization demonstrates significant strengths in many governance areas, its financial practices warrant attention to enhance its overall effectiveness and transparency.


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

Is Newco Alp Inc legitimate?

Newco Alp Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newco Alp 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.islandassistedliving.com

What is the mission statement of Newco Alp Inc?

Newco Alp Inc's mission is centered around delivering exceptional healthcare and enhancing the quality of life for its community members. They achieve this goal through innovative programs. The organization is committed to making its services accessible to individuals from all income levels. In essence, Newco Alp Inc strives to improve the health and well-being of its community members through cutting-edge programs and initiatives.


Official website here: www.islandassistedliving.com

What is the revenue of Newco Alp Inc?

Newco Alp Inc's revenue in 2023 was $12,309,457.


Official website here: www.islandassistedliving.com

Who are the executives of Newco Alp Inc and what are their salaries?

There 5 volunteers at Newco Alp Inc.

Here are 7 key members and their salaries:


Joseph Lieberman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hillary A Jury (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Menachem Berkowitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Peckman (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Sotero (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shia Rosenbaum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vivien Klein (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.islandassistedliving.com

Where can I find the form 990 for Newco Alp Inc?

Newco Alp Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.islandassistedliving.com

Learn more at the official website: www.islandassistedliving.com

Mission Statement of Newco Alp Inc

Newco Alp Inc, as a nonprofit organization, is dedicated to delivering exceptional healthcare and enhancing the quality of life for its community members. Their mission is twofold: firstly, they aim to provide top-notch healthcare services; secondly, they strive to improve the overall quality of life for those they serve. To accomplish this, Newco Alp Inc employs innovative programs, ensuring that their offerings are accessible to individuals across various income levels. Their commitment extends beyond just providing healthcare services, aiming to positively impact the lives of every community member they serve.

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Impact




October, 2024

Newco Alp Inc significantly enhances the quality of life for individuals in the Hempstead, NY community by delivering exceptional health care and innovative programs tailored to diverse needs. Its commitment to inclusivity ensures that services are accessible to all income levels, fostering a healthier community. The organization plays a crucial role in addressing health disparities, promoting well-being, and providing essential support to those who might otherwise lack access to quality health care. Through its focus on innovative solutions, Newco Alp Inc not only improves health outcomes but also empowers residents to enhance their overall quality of life.




This information is meant to be a general summary of Newco Alp 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
$12,309,457 (2023)
Expenses
$13,185,751 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $3,139
  • Program Service Revenue: $12,228,428
  • Gross Receipts: $12,309,457

Assets and Liabilities:

  • Total Assets: $80,679,590
  • Total Liabilities: $80,877,354
  • Net Assets: -$197,764

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Programs

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

ALP SERVICES & REVENUE

Revenue

$12,228,428

Organization Details

Founding Year

2014

Principal Officer

Janice Sotero

NTEE Category

Code: L22 - Housing

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