High Technology Fitness Research Institute Inc

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

EIN: 363479991 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is High Technology Fitness Research Institute Inc?

High Technology Fitness Research Institute Inc is a nonprofit organization dedicated to serving the public and promoting fitness education. They offer a range of programs tailored for both the general population and athletes, aiming to foster personal growth and development in the realm of physical wellness. The institute plays a significant role in spreading awareness and providing resources related to fitness, thus contributing to the overall health and well-being of individuals.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (60%, Two-Star out of Four Star rating)

The High Technology Fitness Research Institute Inc has received a rating of 60%, indicating areas for significant improvement in its operations and governance. While the organization boasts a strong program expense ratio of 98.48%, reflecting that nearly all its funds are directed towards its programs, it faces challenges in transparency and accountability.

Key strengths include a fully independent board, with 66% of members being independent, and no material diversion of assets reported. However, the organization falls short in several critical governance practices, such as lacking essential policies (conflict of interest, whistleblower, and document retention) and failing to maintain proper documentation of board meeting minutes. Additionally, the website is not listed on the tax form, diminishing public access to vital information.

Overall, while the institute demonstrates a commitment to using funds effectively for its mission, it must address its governance and transparency issues to enhance its credibility and operational effectiveness. Addressing these limitations could significantly improve its rating and trust among stakeholders.


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

Is High Technology Fitness Research Institute Inc legitimate?

High Technology Fitness Research Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. High Technology Fitness Research Institute 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 High Technology Fitness Research Institute Inc?

The High Technology Fitness Research Institute's mission is centered around serving the public and fostering education in the realm of fitness. They offer a range of programs that cater to both the general population and the development of athletes. The institute's primary objective is to educate individuals about fitness, thereby promoting wellness and health.

Who is the CEO of High Technology Fitness Research Institute Inc?

Dr Robert Goldman is the President of High Technology Fitness Research Institute Inc.

What is the revenue of High Technology Fitness Research Institute Inc?

High Technology Fitness Research Institute Inc's revenue in 2023 was $600.

Who are the executives of High Technology Fitness Research Institute Inc and what are their salaries?


Here are 3 key members and their salaries:


Robert Goldman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alice Goldman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Klatz (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for High Technology Fitness Research Institute Inc?

High Technology Fitness Research Institute Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of High Technology Fitness Research Institute Inc

High Technology Fitness Research Institute, a renowned organization, is committed to serving the public and promoting fitness education. Its mission is twofold: providing services to the general populace and educating individuals about fitness. The institute goes beyond the ordinary by catering to both the general public and athletes, ensuring their physical well-being and development. Through its programs, High Technology Fitness Research Institute strives to inspire individuals to lead healthier lives, fostering a culture of fitness that is accessible to all.

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Impact




October, 2024

High Technology Fitness Research Institute Inc significantly enhances community health and well-being through its comprehensive fitness programs and educational services. Located in Chicago, IL, the institute focuses on both the general public and athletes, fostering a strong culture of health awareness and physical fitness.

By providing targeted fitness programs, the institute helps individuals of all fitness levels achieve their personal health goals. The emphasis on education ensures that community members understand the principles of fitness, enabling them to make informed lifestyle choices. This not only contributes to individual well-being but also promotes a healthier community overall.

The impact of High Technology Fitness Research Institute extends to athlete development, where specialized programs support aspiring athletes in improving their performance and skills. This focus on training and education equips athletes with the knowledge and techniques necessary to excel in their disciplines.

Overall, High Technology Fitness Research Institute Inc serves as a vital resource for promoting health and fitness education, creating positive lifestyle changes, and enhancing athletic performance, thereby contributing to a healthier society.




This information is meant to be a general summary of High Technology Fitness Research Institute 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
$600 (2023)
Expenses
$74,524 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $600
  • Gross Receipts: $600

Assets and Liabilities:

  • Total Assets: $11,427
  • Total Liabilities: $0
  • Net Assets: $11,427

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Organization Details

Founding Year

1986

Principal Officer

Dr Robert Goldman

Main Address

1510 W MONTANA STREET, CHICAGO, IL, 60614

NTEE Category

Code: E05 - Health

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