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Usher 1F Collaborative Inc

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

EIN: 464309387 ✦ Newtonville, MA ✦ Designated as a 501(c)(3)

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Overview

What is Usher 1F Collaborative Inc?

Usher 1F Collaborative Inc, located at 321 Walnut Street STE 228, Newtonville, MA 02460, is a single-employee nonprofit organization dedicated to funding medical research. Their mission is to discover an effective treatment to either preserve or restore vision for individuals living with Usher Syndrome Type 1F. Through their research efforts, they aim to bring hope and improved quality of life to those affected by this condition.


Official website here: www.usher1f.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star rating.

Usher 1F Collaborative Inc has received an overall score of 81%, indicating a solid performance in terms of accountability and impact. The organization excels in leadership and adaptability, achieving a perfect score of 100 in that category, which reflects its strong governance and strategic direction. Additionally, the charity maintains a high level of independence, with a board comprised entirely of independent members.

The financial health of Usher 1F Collaborative is notable, with a program expense ratio of 75.12%, showing a commitment to programmatic spending. Furthermore, the organization demonstrates effective practices in feedback collection and usage, scoring 100 out of 100 in these areas. However, while the organization shows strengths in various aspects, its overall accountability and finance score of 76 suggests there may be room for improvement in some financial management practices.

Despite the positive ratings, it is essential to note the limitations. The accountability and finance score is lower compared to other areas, indicating potential challenges in financial transparency or efficiency. Nonetheless, the organization’s strategic goals, including bringing a gene therapy to clinical trial by 2029, signal a focused mission that may enhance its impact in the future.


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

Is Usher 1F Collaborative Inc legitimate?

Usher 1F Collaborative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Usher 1F Collaborative 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: $59,724

For more financial information, click here


Official website here: www.usher1f.org

What is the mission statement of Usher 1F Collaborative Inc?

Usher 1F Collaborative Inc is committed to funding medical research with the goal of discovering an effective treatment to preserve or restore vision for individuals affected by Usher Syndrome Type 1F. Their mission is centered around investing in research to help those living with this condition regain or maintain their sight. The organization's primary objective is to contribute to the medical community's efforts in finding a solution to combat the vision loss associated with Usher Syndrome Type 1F.


Official website here: www.usher1f.org

Who is the CEO of Usher 1F Collaborative Inc?

Melissa Chaikof is the Trustee of Usher 1F Collaborative Inc.


Official website here: www.usher1f.org

What is the revenue of Usher 1F Collaborative Inc?

Usher 1F Collaborative Inc's revenue in 2022 was $1,082,978.


Official website here: www.usher1f.org

Who are the executives of Usher 1F Collaborative Inc and what are their salaries?

The average compensation at Usher 1F Collaborative Inc during 2022 was $59,724. There is 1 employee and 16 volunteers at Usher 1F Collaborative Inc.


Here are 12 key members and their salaries:


Laurie Shapiro (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julian Seewald (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachael Root (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Rosenstein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lijun Sun (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sari L Springer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Cohen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Herz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elliot Chaikof (Vice Chair And Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Chaikof (Chair And Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Root (Secretary And Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Gentile (Treasurer And Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.usher1f.org

Where can I find the form 990 for Usher 1F Collaborative Inc?

Usher 1F Collaborative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.usher1f.org

Learn more at the official website: www.usher1f.org

Mission Statement of Usher 1F Collaborative Inc

Usher 1F Collaborative Inc is a dedicated organization that focuses on funding medical research with the primary objective of discovering an effective treatment to either preserve or restore the vision of individuals affected by Usher Syndrome Type 1F. The nonprofit's mission is centered around this goal, aiming to make a significant impact on the lives of those battling this condition. By investing in cutting-edge research, Usher 1F Collaborative Inc strives to bring hope and potential sight-saving solutions to those living with Usher Syndrome Type 1F, a debilitating genetic disorder that often leads to both hearing and vision loss.

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Impact




July, 2024

Usher 1F Collaborative Inc's impact lies in its crucial role in funding medical research aimed at finding an effective treatment to save or restore the vision of individuals affected by Usher Syndrome Type 1F. This initiative is instrumental in advancing scientific knowledge and potentially offering hope to those grappling with this debilitating genetic condition.




This information is meant to be a general summary of Usher 1F Collaborative 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
$1,082,978 (2022)
Expenses
$932,832 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $1,082,978

Assets and Liabilities:

  • Total Assets: $1,300,335
  • Total Liabilities: $5,320
  • Net Assets: $1,295,015

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Organization Details

Founding Year

2013

Principal Officer

Melissa Chaikof

Main Address

321 Walnut Street STE 228, Newtonville, MA, 02460

NTEE Category

Code: H40 - Medical research

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