Overview
What is Michigan Parkinson Foundation?
The Michigan Parkinson Foundation is a dedicated nonprofit organization based in Bingham Farms, Michigan. Their primary mission is to educate and support individuals affected by Parkinson's disease and related disorders, as well as their loved ones and healthcare professionals. They provide various services such as client support, counseling, day care, information and referral services, and medical assistance. Additionally, they engage in research to understand the disease mechanisms and explore therapeutic strategies aimed at alleviating its impact. With a team of 8 dedicated individuals, they strive to enlist the support of institutions and individuals to better address the needs of those living with Parkinson's and related disorders.
Official website here: www.parkinsonsmi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars) from Charity Navigator.
The Michigan Parkinson Foundation has achieved an impressive Four-Star rating from Charity Navigator, signifying its strong performance in accountability and finance. With a perfect score in several areas, such as board independence, financial oversight, and efficient use of resources, the foundation demonstrates a solid commitment to transparency and effective management of funds. This high rating reflects the organization’s dedication to maintaining high standards, ensuring that donations are utilized effectively for their mission.
The organization excels in financial health, with a program expense ratio of over 75%, indicating that a significant portion of funds is directed towards its programs rather than administrative costs. The foundation also shows strong fundraising efficiency, spending only $0.07 to raise each dollar, which is commendable. Their low liability-to-asset ratio of 7.69% reveals a stable financial position, allowing them to operate effectively without excessive financial burden.
No notable limitations were identified in the available data, reinforcing the Michigan Parkinson Foundation's reputation as a reliable and well-managed organization. Overall, the foundation stands out for its exceptional governance practices and effective fund utilization, making it a trusted choice for donors looking to support Parkinson’s disease initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Michigan Parkinson Foundation legitimate?
Michigan Parkinson Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michigan Parkinson Foundation 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: $90,722
Professional Fundraising Fees: $0
Other Salaries and Wages: $334,246
For more financial information, click here
Official website here: www.parkinsonsmi.org
What is the mission statement of Michigan Parkinson Foundation?
The Michigan Parkinson Foundation's mission is centered around educating and supporting individuals affected by Parkinson's disease and related disorders, including their loved ones and caregivers, as well as healthcare professionals who diagnose and treat these conditions. The organization also aims to contribute to research into the underlying mechanisms of the disease and potential therapeutic strategies to alleviate its burden. Furthermore, the Michigan Parkinson Foundation seeks to engage and enlist the support of institutions and individuals whose activities impact the needs of those with Parkinson's and related disorders.
Official website here: www.parkinsonsmi.org
Who is the CEO of Michigan Parkinson Foundation?
Kristin Rossi is the Ceo of Michigan Parkinson Foundation. The CEO's salary of Michigan Parkinson Foundation is $90,722 and their total compensation is $90,722.
Official website here: www.parkinsonsmi.org
What is the revenue of Michigan Parkinson Foundation?
Michigan Parkinson Foundation's revenue in 2022 was $2,063,556.
Official website here: www.parkinsonsmi.org
Who are the executives of Michigan Parkinson Foundation and what are their salaries?
The average compensation at Michigan Parkinson Foundation during 2022 was $53,121. There are 8 employees at Michigan Parkinson Foundation.
Here are 16 key members and their salaries (Michigan Parkinson Foundation's CEO's salary is $90,722 and their total compensation is $90,722):
- Compensation: $90,722
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- Other: $0
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Official website here: www.parkinsonsmi.org
Where can I find the form 990 for Michigan Parkinson Foundation?
Michigan Parkinson Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.parkinsonsmi.org
Learn more at the official website: www.parkinsonsmi.org
Mission Statement of Michigan Parkinson Foundation
The Michigan Parkinson Foundation, in its mission, is dedicated to educating and offering support to individuals afflicted by Parkinson's disease and related disorders, as well as their loved ones and caregivers. Moreover, it seeks to engage and enlist the assistance of institutions and individuals whose activities significantly impact the needs of those affected by Parkinson's. The foundation is also committed to supporting research into the underlying mechanisms of the disease and developing therapeutic strategies aimed at alleviating the illness's burden. By undertaking these activities, the Michigan Parkinson Foundation aims to contribute to the broader goal of improving the lives of those living with Parkinson's and related disorders.
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Impact
July, 2024
Michigan Parkinson Foundation's impact lies in educating and providing support to individuals with Parkinson's and related disorders, their loved ones, and care partners. The foundation also works to educate physicians and other health professionals who diagnose and treat those affected by the illness. In addition, they support research into the mechanisms underlying the disease and therapeutic strategies aimed at reducing the burden of illness. By engaging and enlisting the support of institutions and individuals whose activities impact the needs of people with Parkinson's and related disorders, the Michigan Parkinson Foundation plays a vital role in enhancing the quality of life for those affected by the disease.
This information is meant to be a general summary of Michigan Parkinson Foundation. 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: $18,234
- Gross Receipts: $2,610,723
Assets and Liabilities:
- Total Assets: $4,208,464
- Total Liabilities: $323,858
- Net Assets: $3,884,606
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Organization Details
Phone
(248) 433-1011Principal Officer
Kristin Rossi
Main Address
30400 TELEGRAPH RD STE 150, BINGHAM FARMS, MI, 48025
Website
www.parkinsonsmi.orgNTEE Category
Code: G5XZ - Disease
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