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Stein Gerontological 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: 650289632 ✦ Miami, FL ✦ Designated as a 501(c)(3)

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Overview

What is Stein Gerontological Institute Inc?

Stein Gerontological Institute Inc, located in Miami, Florida, is a nonprofit organization committed to aiding the elderly in maintaining their independence. They achieve this mission by engaging in gerontological research and providing education. The institute hosts community educational sessions open to the public, fostering a state-of-the-art learning environment. In addition, they collaborate with academic and industry organizations to document improved clinical practices and outcomes for the elderly. Their primary focus is on developing innovative programs, services, and products to support the elderly, studying the biological, psychological, and social aspects associated with aging.


Official website here: www.miamijewishhealth.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (66%, Two-Star out of Four Star Rating)

The Stein Gerontological Institute Inc has received a rating of "Needs Improvement" from Charity Navigator, primarily due to concerns regarding governance and financial health. While the organization scored a perfect 100% in Accountability & Finance measures, it lacks independent board members, which is critical for transparency and effective oversight. This lack of independence may raise questions about the organization's decision-making processes.

On a positive note, the institute has shown strong performance in several specific areas, such as having no material diversion of assets and a high program expense ratio at 76.36%, indicating that a significant portion of its funds is used directly for its programs. The organization also adheres to good governance practices with policies in place for conflict of interest, whistleblowing, and document retention. However, the absence of a posted tax form on their website is a notable gap.

Despite these strengths, the high liabilities to assets ratio of 171.41% is concerning and may indicate potential financial instability. Stakeholders should consider these factors when assessing the overall effectiveness and sustainability of the Stein Gerontological Institute Inc.


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

Is Stein Gerontological Institute Inc legitimate?

Stein Gerontological Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stein Gerontological 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


Official website here: www.miamijewishhealth.org

What is the mission statement of Stein Gerontological Institute Inc?

The Stein Gerontological Institute Inc's mission is centered around aiding the elderly in maintaining their independence. This is achieved through conducting comprehensive gerontological research and education. The organization's primary objective is to develop innovative programs, services, and products based on the findings of this research. The research focuses on understanding the biological, psychological, and social aspects associated with aging. The Institute hosts state-of-the-art educational training sessions, facilitates educational research and technology, and collaborates with academic and industry organizations to document improved clinical practices and outcomes for the elderly. In the current year, the Institute conducted approximately 14 community educational sessions open to the general public.


Official website here: www.miamijewishhealth.org

Who is the CEO of Stein Gerontological Institute Inc?

Jeffrey Freimark is the Chair/Ceo of Stein Gerontological Institute Inc. The CEO's salary of Stein Gerontological Institute Inc is $0 and their total compensation is $1,520,591.


Official website here: www.miamijewishhealth.org

What is the revenue of Stein Gerontological Institute Inc?

Stein Gerontological Institute Inc's revenue in 2022 was $1,462,963.


Official website here: www.miamijewishhealth.org

Who are the executives of Stein Gerontological Institute Inc and what are their salaries?


Here are 6 key members and their salaries (Stein Gerontological Institute Inc's CEO's salary is $0 and their total compensation is $1,520,591):


Jeffrey Freimark (Chair/Ceo)
  • Compensation: $0
  • Related: $1,500,039
  • Other: $20,552
Marc Agronin Md (Director)
  • Compensation: $0
  • Related: $413,081
  • Other: $9,724
Richard Skelly (Former Cfo)
  • Compensation: $0
  • Related: $333,333
  • Other: $0
Michael Durr (Treasurer/Cfo)
  • Compensation: $0
  • Related: $297,435
  • Other: $21,498
Clifford Bauer (Director)
  • Compensation: $0
  • Related: $168,387
  • Other: $10,729
Leslie Torres (Secretary)
  • Compensation: $0
  • Related: $91,200
  • Other: $8,232


Official website here: www.miamijewishhealth.org

Where can I find the form 990 for Stein Gerontological Institute Inc?

Stein Gerontological Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.miamijewishhealth.org

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

Mission Statement of Stein Gerontological Institute Inc

Stein Gerontological Institute Inc is dedicated to aiding the elderly in maintaining their independence. This nonprofit organization achieves this goal by conducting extensive gerontological research and providing education. Their primary purpose is to innovate programs, services, and products that cater to the needs of the elderly. By studying the biological, psychological, and social phenomena associated with aging, Stein Gerontological Institute Inc strives to improve the lives of older adults.

To accomplish this mission, the institute hosts state-of-the-art educational training sessions, facilitates educational research and technology, and collaborates with academic and industry organizations. By pursuing and documenting improved clinical practices and outcomes, Stein Gerontological Institute Inc aims to make a significant impact on the lives of the elderly. In the current year, the organization held approximately 14 community educational sessions open to the general public, further demonstrating their commitment to serving the elderly population.

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Impact




July, 2024

The impact of Stein Gerontological Institute Inc is significant in aiding the elderly population in remaining independent through conducting gerontological research and education. By hosting state-of-the-art educational training, facilitating research, and collaborating with academic and industry organizations, the institute is able to pursue and document improved clinical practices and outcomes for the elderly. In a recent year, approximately 14 community educational sessions were held, open to the general public, furthering the reach of their mission. This organization's primary purpose is to develop innovative programs, services, and products to study the biological, psychological, and social phenomena associated with aging, ultimately benefiting the elderly population in Miami, FL, and beyond.




This information is meant to be a general summary of Stein Gerontological 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
$1,462,963 (2022)
Expenses
$950,015 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $1,462,963
  • Gross Receipts: $1,462,963

Assets and Liabilities:

  • Total Assets: $874,082
  • Total Liabilities: $1,804,922
  • Net Assets: -$930,840

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RESEARCH REVENUE

Revenue

$1,462,963

Organization Details

Founding Year

1990

Principal Officer

Jeffrey Freimark

Main Address

5200 NE 2ND AVENUE, MIAMI, FL, 33137

NTEE Category

Code: P81 - Human services

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