Overview
What is Feinstein Health Fund Inc?
Feinstein Health Fund Inc is a nonprofit organization that offers financial aid to eligible charities, as per the U.S. Internal Revenue Code Section 501(C)(3). Their primary focus is on supporting organizations that deliver health-related programs and services to individuals with intellectual disabilities, autism, and traumatic brain injury. The fund's mission lies in providing financial assistance to these non-profits, thereby expanding their capacity to offer essential services to the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)
The Feinstein Health Fund Inc holds a "Needs Improvement" rating from Charity Navigator, with a total score of 69%. The organization demonstrates strong accountability with 100% of its board members being independent, and it maintains a commendable program expense ratio of 94.73%, indicating a high percentage of its funds go directly to its programs. Additionally, it has shown no material diversion of assets, reflecting good financial integrity.
However, there are significant areas for improvement that have impacted its rating. The organization has not provided financial statements, which has resulted in a score of zero in this critical area. Furthermore, the lack of a whistleblower policy and document retention policies raises concerns regarding transparency and governance practices. Additionally, there are no posted board meeting minutes or tax forms on its website, which could hinder stakeholders' ability to evaluate the nonprofit's operations fully.
Overall, while the Feinstein Health Fund Inc shows strengths in program spending and board independence, the absence of key financial documents and policies suggests a need for greater transparency and accountability to improve trust among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Feinstein Health Fund Inc legitimate?
Feinstein Health Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Feinstein Health Fund 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
What is the mission statement of Feinstein Health Fund Inc?
The mission of Feinstein Health Fund Inc, as stated, is to provide financial aid and assistance to eligible organizations, falling under Section 501(C)(3) of the Internal Revenue Code. These organizations primarily focus on delivering health-related programs and services to individuals grappling with intellectual and developmental disabilities, autism, and traumatic brain injury. The main objective of the fund is to offer financial support to non-profit entities that offer such essential services.
Who is the CEO of Feinstein Health Fund Inc?
Leonard Feinstein is the President of Feinstein Health Fund Inc.
What is the revenue of Feinstein Health Fund Inc?
Feinstein Health Fund Inc's revenue in 2022 was $1,270,981.
Who are the executives of Feinstein Health Fund Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Feinstein Health Fund Inc?
Feinstein Health Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Feinstein Health Fund Inc
Feinstein Health Fund Inc, a non-profit organization, is dedicated to supporting organizations that cater to individuals with intellectual and developmental disabilities, autism, and traumatic brain injury. These eligible organizations, exempt from Federal Income Tax under Section 501(C)(3) of the Internal Revenue Code, receive financial assistance from Feinstein Health Fund Inc. The primary focus of this fund is to aid non-profits that provide health-related programs and services to individuals with these specific conditions, thereby promoting their well-being and improving their quality of life.
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Impact
October, 2024
Feinstein Health Fund Inc significantly impacts the health and well-being of individuals with intellectual and developmental disabilities, autism, and traumatic brain injury by providing essential financial support to qualified organizations. By assisting non-profits committed to delivering health-related programs and services, the fund enables these organizations to enhance their offerings and reach more individuals in need.
The financial assistance provided by Feinstein Health Fund fosters the development and expansion of crucial health services, promoting better outcomes for those affected by these conditions. This support not only enhances the quality of care available but also encourages innovation and improvements within the non-profit sector, ensuring that more effective and tailored programs are developed. Through its targeted funding, Feinstein Health Fund Inc plays a vital role in addressing the unique challenges faced by individuals with disabilities, ultimately contributing to a healthier and more inclusive community.
This information is meant to be a general summary of Feinstein Health Fund 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 2022.
- Investment Income: $1,270,981
- Gross Receipts: $7,395,578
Assets and Liabilities:
- Total Assets: $22,796,352
- Total Liabilities: $0
- Net Assets: $22,796,352
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Organization Details
Founding Year
2010
Phone
(908) 573-2101Principal Officer
Leonard Feinstein
Main Address
Rockdale- 955 S Springfield Av A101, Springfield, NJ, 07081
NTEE Category
Code: G48 - Disease
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