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Hope Has A New Address Rmh 20 Inc

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

EIN: 831121736 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

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Overview

What is Hope Has A New Address Rmh 20 Inc?

Hope Has A New Address RMH 20 Inc is a nonprofit organization situated in Baltimore, Maryland, specifically at 1 Aisquith Street. Their primary mission is to offer a supportive environment for families with seriously ill children, who are undergoing treatment at five major hospitals in the area: University of Maryland Medical System, Johns Hopkins Hospital, Sinai Hospital, Mt. Washington Pediatric Hospital, and Kennedy Krieger Institute. The organization's service area is not limited by geographic boundaries, as they accommodate families from all over Maryland and beyond. To be eligible to stay at the facility, families must have a child aged 21 or younger receiving treatment at any of these hospitals. They are referred to the house by a social worker from the hospital. Hope Has A New Address RMH 20 Inc serves as a supporting organization for Ronald McDonald House Charities of Maryland, Inc., providing a temporary home-like setting for these families during challenging times.


Official website here: www.rmhcmaryland.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100%, Four-Star out of Four Star Rating.

Hope Has A New Address Rmh 20 Inc has achieved the highest possible rating, reflecting exceptional accountability and financial health. The organization has demonstrated a strong commitment to financial transparency, as indicated by its high scores across various metrics, including a program expense ratio of 85.82%, meaning a significant majority of its funds are directed towards its programs.

The nonprofit is governed by an entirely independent board, which enhances its credibility and operational integrity. There are no recorded material diversions of assets, and the organization maintains comprehensive policies regarding conflicts of interest, whistleblowing, and document retention. Such robust governance practices are critical for ensuring accountability to donors and stakeholders.

While the organization shows strong financial health and governance practices, the overview does not provide specific information on its program outcomes or community impact. Future evaluations might benefit from additional insights into the effectiveness of its programs and the overall difference it makes in the community.


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

Is Hope Has A New Address Rmh 20 Inc legitimate?

Hope Has A New Address Rmh 20 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Has A New Address Rmh 20 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.rmhcmaryland.org/

What is the mission statement of Hope Has A New Address Rmh 20 Inc?

Hope Has A New Address RMH 20 Inc serves as a supporting organization for Ronald McDonald House Charities of Maryland, Inc., providing a home-away-from-home for seriously ill children and their families. Its primary mission is to offer a comfortable and supportive environment for families whose children are undergoing medical treatment at various hospitals, such as University of Maryland Medical System, Johns Hopkins Hospital, Sinai Hospital, Mt. Washington Pediatric Hospital, and Kennedy Krieger Institute. The organization extends its services to families from all over Maryland and beyond, without any geographical restrictions. To be eligible for accommodation, a family must have a child aged 21 or younger receiving treatment at any of these hospitals. The families are typically referred by social workers from the hospitals.


Official website here: www.rmhcmaryland.org/

Who is the CEO of Hope Has A New Address Rmh 20 Inc?

Kimberly Fusco is the Board Member of Hope Has A New Address Rmh 20 Inc.


Official website here: www.rmhcmaryland.org/

What is the revenue of Hope Has A New Address Rmh 20 Inc?

Hope Has A New Address Rmh 20 Inc's revenue in 2022 was $107,000.


Official website here: www.rmhcmaryland.org/

Who are the executives of Hope Has A New Address Rmh 20 Inc and what are their salaries?


Here are 5 key members and their salaries:


Beth Steffen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Rosenwald (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Nigro (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Miller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leksi Kovalerchik (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rmhcmaryland.org/

Where can I find the form 990 for Hope Has A New Address Rmh 20 Inc?

Hope Has A New Address Rmh 20 Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rmhcmaryland.org/

Learn more at the official website: www.rmhcmaryland.org/

Mission Statement of Hope Has A New Address Rmh 20 Inc

Hope Has A New Address RMH 20 Inc serves as a supporting organization for Ronald McDonald House Charities of Maryland, Inc. Its primary mission is to provide a home away from home for seriously ill children and their families. This nonprofit organization plays a crucial role in offering a comfortable and supportive environment for families whose children are undergoing medical treatment at various hospitals, including the University of Maryland Medical System, Johns Hopkins Hospital, Sinai Hospital, Mt. Washington Pediatric Hospital, and Kennedy Krieger Institute.

Hope Has A New Address RMH 20 Inc does not restrict its services to a specific geographical area. Instead, it serves families from all corners of Maryland and even welcomes families from around the world. To be eligible to stay at the house, a family must have a child aged 21 or younger who is receiving treatment at one of these hospitals. The families are referred by a social worker from the respective hospital. This nonprofit organization aims to alleviate the stress and financial burden associated with long hospital stays, providing a place where families can rest, eat, and spend time together while their child receives medical care.

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Impact




October, 2024

Hope Has A New Address RMH 20 Inc significantly alleviates the burdens faced by families with seriously ill children by providing a welcoming and supportive environment during challenging times. By operating the Ronald McDonald House in Baltimore, it directly offers a "home away from home" for families traveling to receive medical care at nearby hospitals, such as the University of Maryland Medical System and Johns Hopkins Hospital.

This organization plays a critical role in promoting family stability and emotional support while children undergo treatment. Families from across Maryland and around the globe can find respite and connection within the walls of the house, ensuring they can focus on their child's health rather than the stresses of lodging and logistics. The requirement for families to be referred by hospital social workers ensures that those in need benefit from this vital resource, fostering an integrated approach to care that acknowledges the importance of familial support in the healing process.

In essence, Hope Has A New Address RMH 20 Inc not only enhances the quality of life for the families it serves but also strengthens the healthcare ecosystem by enabling better patient outcomes through sustained family presence and cohesion during difficult times.




This information is meant to be a general summary of Hope Has A New Address Rmh 20 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
$107,000 (2022)
Expenses
$1,240,482 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $107,000

Assets and Liabilities:

  • Total Assets: $28,181,229
  • Total Liabilities: $11,562,984
  • Net Assets: $16,618,245

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Organization Details

Founding Year

2018

Principal Officer

Kimberly Fusco

Main Address

1 AISQUITH STREET, BALTIMORE, MD, 21202

NTEE Category

Code: P20 - Human services

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