Overview
What is Ten Garofalo Street Corporation?
Ten Garofalo Street Corporation is a charitable organization, registered under Section 501(C)(3) of the Internal Revenue Code, situated in East Boston, Massachusetts. Its primary purpose is to support and further the objectives of East Boston Neighborhood Health Center Corporation. This support involves performing various charitable activities and carrying out the center's functions. The corporation's location is at 10 Gove Street, East Boston, MA 02128. By doing so, Ten Garofalo Street Corporation aims to contribute positively to the East Boston community, enhancing the health and wellbeing of its residents.
Official website here: www.ebnhc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating
Ten Garofalo Street Corporation has received a Three-Star rating from Charity Navigator for its overall score of 82%. This rating is solely based on the accountability and finance beacon, indicating a focus on financial management and transparency. The organization demonstrates strong governance practices, such as having a fully independent board and effective policies around conflicts of interest and whistleblower protections.
Strengths of the organization include a high program expense ratio of 100%, signifying that all of its expenditures are directed towards its programs. Furthermore, it scores perfectly in areas such as material diversion of assets and documentation practices, showcasing a commitment to ethical operations and fiscal responsibility.
However, the organization does face a significant challenge with a liabilities to assets ratio of 114.05%, which suggests that it has more liabilities than assets. This aspect may raise concerns about its financial health moving forward, despite its strong accountability measures. Overall, while Ten Garofalo Street Corporation exhibits robust governance and operational integrity, potential donors may want to consider its financial sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Ten Garofalo Street Corporation legitimate?
Ten Garofalo Street Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ten Garofalo Street Corporation 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.ebnhc.org
What is the mission statement of Ten Garofalo Street Corporation?
The Ten Garofalo Street Corporation is established for charitable purposes, specifically to support and carry out the objectives of the East Boston Neighborhood Health Center Corporation. This organization operates within the guidelines of Section 501(C)(3) of the Internal Revenue Code, aiming to benefit and perform the functions of the East Boston Neighborhood Health Center Corporation. The exact nature of the support and functions they perform for the health center is not specified in the provided information.
Official website here: www.ebnhc.org
Who is the CEO of Ten Garofalo Street Corporation?
James Hazard is the Chair of Ten Garofalo Street Corporation. The CEO's salary of Ten Garofalo Street Corporation is $0 and their total compensation is $361,406.
Official website here: www.ebnhc.org
What is the revenue of Ten Garofalo Street Corporation?
Ten Garofalo Street Corporation's revenue in 2022 was $142,992.
Official website here: www.ebnhc.org
Who are the executives of Ten Garofalo Street Corporation and what are their salaries?
There 13 volunteers at Ten Garofalo Street Corporation.
Here are 16 key members and their salaries (Ten Garofalo Street Corporation's CEO's salary is $0 and their total compensation is $361,406):
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- Compensation: $0
- Related: $787,448
- Other: $31,527
- Compensation: $0
- Related: $392,558
- Other: $31,380
- Compensation: $0
- Related: $332,714
- Other: $28,692
Official website here: www.ebnhc.org
Where can I find the form 990 for Ten Garofalo Street Corporation?
Ten Garofalo Street Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ebnhc.org
Learn more at the official website: www.ebnhc.org
Mission Statement of Ten Garofalo Street Corporation
Ten Garofalo Street Corporation is a charitable organization, recognized under Section 501(c)(3) of the Internal Revenue Code, dedicated to supporting the East Boston Neighborhood Health Center Corporation's charitable activities. The corporation's primary function is to carry out and perform the purposes of the East Boston Neighborhood Health Center Corporation, aiming to benefit this organization and its mission. However, the provided information does not detail the specific activities or purposes of these charitable activities or the East Boston Neighborhood Health Center Corporation. Therefore, an in-depth summary or paraphrased mission statement cannot be provided at this time.
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Impact
October, 2024
Ten Garofalo Street Corporation plays a significant role in enhancing community health in East Boston. By exclusively focusing on charitable activities, it supports the East Boston Neighborhood Health Center Corporation, ensuring that essential health services are accessible to the community. This impact is critical as it addresses various health needs, promotes wellness, and aids in creating a healthier environment for local residents. The corporation's efforts contribute to a strong foundation for health initiatives, ultimately improving the overall quality of life in the area.
This information is meant to be a general summary of Ten Garofalo Street Corporation. 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: $142,992
- Gross Receipts: $142,992
Assets and Liabilities:
- Total Assets: $10,055,335
- Total Liabilities: $11,468,217
- Net Assets: -$1,412,882
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$142,992
Organization Details
Founding Year
2017
Phone
(617) 568-4570Principal Officer
James Hazard
Main Address
10 GOVE STREET, EAST BOSTON, MA, 02128
Website
www.ebnhc.orgNTEE Category
Code: E11 - Health
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