Overview
What is Alzheimer's Disease Foundation Inc?
Alzheimer's Disease Foundation Inc, headquartered in Sartell, Minnesota, is a dedicated nonprofit organization. Its primary mission is to offer support and aid to individuals and families affected by Alzheimer's disease and related cognitive impairments. The foundation engages in research to expand our understanding of Alzheimer's, aiming to develop effective treatments and improve care. To achieve its goals, the organization raises funds for both research and assistance programs. The Alzheimer's Disease Foundation Inc serves as a vital resource for those impacted by this debilitating condition, providing invaluable aid and hope during challenging times.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, earning a Two-Star out of Four Star rating. The rating indicates a mixed performance in accountability and finance for the Alzheimer's Disease Foundation Inc. While the organization has a strong program expense ratio of 83.53%, suggesting that a significant portion of its funds is directed towards programs, it lacks independent board members, which raises concerns about governance.
Strengths of the foundation include a solid liability to assets ratio of 0.03%, indicating financial stability, and the presence of important policies such as conflict of interest and whistleblower policies, which enhance operational transparency. The organization has also documented its board meeting minutes, contributing to accountability.
However, the foundation's performance is hindered by the absence of independent board members and a missing website listed on its tax forms, which affects its overall score on transparency and governance. Additionally, the lack of posted tax forms on its website is a significant drawback. These limitations suggest areas for improvement in order to boost donor confidence and overall organizational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Alzheimer's Disease Foundation Inc legitimate?
Alzheimer's Disease Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alzheimer's Disease 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
What is the mission statement of Alzheimer's Disease Foundation Inc?
The Alzheimer's Disease Foundation Inc's mission is centered around assisting individuals affected by Alzheimer's disease and related cognitive impairments, as well as their families. The organization strives to raise funds for research in this field and provides assistance to those in need. The foundation operates solely for the benefit of these individuals and aims to fulfill its exempt purposes by engaging in Alzheimer's disease research, offering assistance, and raising funds for such initiatives. Its purpose is not limited to these activities, but includes providing aid to victims and their families.
Who is the CEO of Alzheimer's Disease Foundation Inc?
Brian Kelm is the Ceo of Alzheimer's Disease Foundation Inc. The CEO's salary of Alzheimer's Disease Foundation Inc is $0 and their total compensation is $293,257.
What is the revenue of Alzheimer's Disease Foundation Inc?
Alzheimer's Disease Foundation Inc's revenue in 2022 was $50,271.
Who are the executives of Alzheimer's Disease Foundation Inc and what are their salaries?
Here are 7 key members and their salaries (Alzheimer's Disease Foundation Inc's CEO's salary is $0 and their total compensation is $293,257):
- Compensation: $0
- Related: $17,500
- Other: $0
- Compensation: $0
- Related: $15,000
- Other: $0
- Compensation: $0
- Related: $15,000
- Other: $0
- Compensation: $0
- Related: $15,000
- Other: $0
- Compensation: $0
- Related: $15,000
- Other: $0
- Compensation: $0
- Related: $259,730
- Other: $33,527
- Compensation: $0
- Related: $201,459
- Other: $31,295
Where can I find the form 990 for Alzheimer's Disease Foundation Inc?
Alzheimer's Disease Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alzheimer's Disease Foundation Inc
Alzheimer's Disease Foundation Inc is dedicated to aiding those afflicted by Alzheimer's disease and related cognitive impairments, as well as their families. The organization's primary mission is twofold: to offer assistance to those affected by this debilitating condition and to raise funds for conducting research in this field. The Alzheimer's Disease Foundation operates with a singular focus on benefiting those affected by Alzheimer's disease, carrying out its exempt purposes through various means, including engaging in research, providing aid to victims, and raising funds for such initiatives. The organization's purpose extends beyond direct care, encompassing support for research aimed at combating Alzheimer's disease and alleviating its impact on families.
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Impact
August, 2024
Alzheimer's Disease Foundation Inc provides assistance to individuals suffering from Alzheimer's disease and related cognitive impairments, as well as support for their families. The organization's mission includes engaging in research to further understand Alzheimer's disease and raise funds to support both research and assistance for those affected. Their work aims to improve the quality of life for individuals with Alzheimer's and contribute to the advancement of treatments and potential cures for the disease.
This information is meant to be a general summary of Alzheimer's Disease 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 2022.
- Investment Income: $44,667
- Gross Receipts: $50,271
Assets and Liabilities:
- Total Assets: $1,029,738
- Total Liabilities: $401
- Net Assets: $1,029,337
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Organization Details
Founding Year
1984
Phone
(320) 258-8983Principal Officer
Brian Kelm
Main Address
520 1ST ST NE, SARTELL, MN, 56377
NTEE Category
Code: G83 - Disease
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