Overview
What is Maimonides Way Inc?
Maimonides Way Inc is a nonprofit organization that extends financial assistance and support to individuals affected by cancer. Their initiatives include providing food for the less fortunate and offering aid to those in need. Additionally, they offer monetary aid, specifically for window repairs and in the case of orphans. This organization's mission is to alleviate some of the financial burdens faced by cancer patients, thereby contributing to their overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 34% (Zero-Star out of Four Star rating)
Maimonides Way Inc has received a low rating of 34% from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. The organization scores poorly in several key areas, including a lack of independent board members and missing critical documentation on its website, such as its tax forms. The absence of independent oversight raises questions about governance and transparency.
Despite some positive aspects, such as having a conflict of interest policy and a whistleblower policy in place, the overall evaluation suggests that Maimonides Way Inc needs to improve its financial accountability and governance structure. The absence of program expenses and a concerning liabilities to assets ratio further indicate potential financial instability or operational challenges.
Overall, potential donors and supporters should exercise caution due to the organization's low accountability score and the identified weaknesses. Enhancing transparency and governance practices will be crucial for Maimonides Way Inc to build trust and improve its standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Maimonides Way Inc legitimate?
Maimonides Way Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maimonides Way 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 Maimonides Way Inc?
Maimonides Way Inc, as a mission, focuses on providing financial assistance and support to individuals affected by cancer. Their efforts are channeled through various programs, including offering aid for the less fortunate and providing financial assistance. Moreover, the organization extends its support by offering cash for windows and providing assistance to orphans. The primary goal of Maimonides Way Inc is to alleviate the financial burdens experienced by cancer patients, thereby contributing to their overall well-being.
Who is the CEO of Maimonides Way Inc?
Yafa Hartstein is the President of Maimonides Way Inc.
What is the revenue of Maimonides Way Inc?
Maimonides Way Inc's revenue in 2023 was $213,732.
Who are the executives of Maimonides Way Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Maimonides Way Inc?
Maimonides Way Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Maimonides Way Inc
Maimonides Way Inc, a nonprofit organization, is committed to providing financial aid and support to those affected by cancer. Their mission is twofold. Firstly, they offer assistance to individuals in need through programs that provide food for the less fortunate. This initiative aims to alleviate some of the financial burdens faced by cancer patients and their families, ensuring that they have access to basic necessities during their difficult journey.
Secondly, Maimonides Way Inc extends their support to cancer patients through cash grants. This aspect of their mission focuses on providing financial assistance for various needs, such as window repairs or supporting orphans. By offering these services, Maimonides Way Inc seeks to alleviate some of the financial stress that cancer patients often experience, allowing them to focus on their health and recovery.
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Impact
October, 2024
Maimonides Way Inc significantly impacts the lives of cancer patients and their families by providing essential financial assistance and support. Located in Brooklyn, NY, the organization addresses the pressing needs of those battling cancer, ensuring that they have access to vital resources during challenging times. Its programs not only alleviate financial burdens related to medical expenses but also extend support through food distribution for the impoverished.
By focusing on comprehensive aid, Maimonides Way assists not only cancer patients but also orphans and families in crisis, fostering a sense of community and hope. Their commitment to helping the most vulnerable demonstrates a compassionate approach to health and well-being, making a meaningful difference in the lives of those affected by cancer. Through these initiatives, Maimonides Way Inc cultivates resilience and kindness in the broader community, embodying the principle of lending a helping hand to those in need.
This information is meant to be a general summary of Maimonides Way 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Gross Receipts: $213,732
Assets and Liabilities:
- Total Assets: $33,034
- Total Liabilities: $0
- Net Assets: $33,034
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Organization Details
Principal Officer
Yafa Hartstein
Main Address
1216 58TH STREET, BROOKLYN, NY, 11219
NTEE Category
Code: X30 - Religion related
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