Overview
What is Ifh Foundation?
The Ifh Foundation is a nonprofit organization with a dedication to supporting the Institute for Family Health. Established with the intent of solely benefiting this institution, the foundation's primary project currently involves the acquisition, renovation, and leasing of a community health center in Harlem, New York. Previously, North General Hospital served as a crucial healthcare provider in the Harlem community. However, the hospital's bankruptcy and subsequent closure in 2010 left a significant gap. To fill this void, the Dormitory Authority of New York (DASNY) acquired North General Hospital's property during bankruptcy proceedings, and the Ifh Foundation has stepped in to continue providing essential healthcare services to the Harlem community.
Is Ifh Foundation legitimate?
Ifh Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ifh 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Ifh Foundation?
The Ifh Foundation was established with the objective of supporting and benefiting the Institute for Family Health. Currently, its primary project involves the ownership, renovation, and leasing of a community health center to the Institute for Family Health. This health center is aimed at serving the Harlem community, which had previously relied on North General Hospital for healthcare services. Unfortunately, North General Hospital entered bankruptcy in 2010 and closed shortly after. The Dormitory Authority of New York (DASNY), a governmental agency that provides bond financing for various non-profit facilities in New York, became a significant secured creditor of North General Hospital during the bankruptcy proceedings and acquired the hospital's real property. The Ifh Foundation's mission, therefore, can be understood as its commitment to revitalizing healthcare services in the Harlem community by providing a new health center through its ownership, renovation, and lease to the Institute for Family Health.
Who is the CEO of Ifh Foundation?
Neil S Calman is the President of Ifh Foundation.
What is the revenue of Ifh Foundation?
Ifh Foundation's revenue in 2022 was $198,527.
Who are the executives of Ifh Foundation and what are their salaries?
There 2 volunteers at Ifh Foundation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $726,986
- Other: $28,814
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $219,220
- Other: $14,098
Where can I find the form 990 for Ifh Foundation?
Ifh Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ifh Foundation
The Ifh Foundation, established with the intent of supporting and benefiting the Institute for Family Health, has committed its resources to a significant project: the ownership, renovation, and leasing of a community health center in Harlem, New York. For nearly three decades, North General Hospital served as a key provider of healthcare to the Harlem community. Unfortunately, the hospital entered bankruptcy in 2010 and closed shortly after. The closure was a significant blow to the Harlem community. In the ensuing bankruptcy proceedings, the Dormitory Authority of New York (DASNY), a governmental agency that provides bond financing for numerous non-profit facilities in New York, acquired North General Hospital's real property. The Ifh Foundation, as a special purpose subsidiary, has taken this opportunity to contribute to the health and well-being of the Harlem community by transforming the former hospital into a renovated community health center. This mission demonstrates the Ifh Foundation's commitment to supporting community healthcare, particularly in areas that have been affected by the closure of vital healthcare facilities.
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Impact
October, 2024
The Ifh Foundation plays a significant role in enhancing healthcare accessibility and quality in the Harlem community of New York City. Its primary focus is on supporting the Institute for Family Health, particularly through the ownership, renovation, and leasing of a community health center, which serves as a crucial healthcare resource for local residents.
Following the closure of North General Hospital in 2010, a key healthcare provider in the area, the Ifh Foundation stepped in to help fill the void left by this loss. The foundation's efforts aim to ensure that the community has access to essential healthcare services, contributing to improved health outcomes for those living in Harlem. By revitalizing healthcare infrastructure and promoting comprehensive health services, the Ifh Foundation addresses the needs of a historically underserved population, fostering a healthier community overall.
This information is meant to be a general summary of Ifh 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.
- Program Service Revenue: $198,527
- Gross Receipts: $198,527
Assets and Liabilities:
- Total Assets: $20,225,715
- Total Liabilities: $1,764,338
- Net Assets: $18,461,377
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME
Revenue
$198,527
Organization Details
Founding Year
2011
Phone
(212) 633-0800Principal Officer
Neil S Calman
Main Address
2006 MADISON AVENUE 2ND FL, NEW YORK, NY, 10035
NTEE Category
Code: E11 - Health
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