Overview
What is Greater Mercer Area Healthcare Foundation Inc?
Greater Mercer Area Healthcare Foundation Inc, located in Monmouth Beach, New Jersey, is a nonprofit organization committed to providing nursing and rehabilitation services to individuals in Mercer County who require them. Their charitable efforts include offering scholarships to attend various nursing programs in New Jersey, as well as covering the cost of the New Jersey certification examination. The foundation's mission is to support the health and well-being of its community, ensuring that necessary care is accessible to those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33% (Zero-Star out of Four Star rating)
The Greater Mercer Area Healthcare Foundation Inc has received a low rating of 33% from Charity Navigator, primarily based on its Accountability & Finance score. This score reflects significant deficiencies in several key areas, including the absence of a conflict of interest policy, whistleblower policy, and document retention and destruction protocols. The lack of transparency is further emphasized by missing information on the organization's website, such as the tax form, which is essential for public trust.
Despite these shortcomings, the foundation shows some strengths, including having a fully independent board and documenting board meeting minutes. These aspects suggest a degree of governance that is commendable. However, the charity's overall financial practices raise concerns, particularly with a program expense ratio of only 4.43%, indicating that a minimal portion of its resources is directed towards its stated mission.
In summary, while the Greater Mercer Area Healthcare Foundation has established a fully independent board structure, its lack of essential policies and low program expense ratio significantly detracts from its accountability and effectiveness. Prospective donors and stakeholders should consider these limitations when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Greater Mercer Area Healthcare Foundation Inc legitimate?
Greater Mercer Area Healthcare Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Mercer Area Healthcare Foundation 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: $75,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Greater Mercer Area Healthcare Foundation Inc?
The Greater Mercer Area Healthcare Foundation Inc is committed to providing necessary nursing and rehabilitation services to individuals in need, residing within Mercer County. In pursuit of this mission, the foundation grants scholarships to attend various nursing programs in New Jersey, covering the cost of the New Jersey certification examination. This initiative is aimed at enhancing the quality of healthcare services in the community. The foundation's activities primarily focus on supporting the medical needs of the local population.
Who is the CEO of Greater Mercer Area Healthcare Foundation Inc?
Lori Petschauer is the Executive Director of Greater Mercer Area Healthcare Foundation Inc.
What is the revenue of Greater Mercer Area Healthcare Foundation Inc?
Greater Mercer Area Healthcare Foundation Inc's revenue in 2022 was $64,255.
Who are the executives of Greater Mercer Area Healthcare Foundation Inc and what are their salaries?
There 3 volunteers at Greater Mercer Area Healthcare Foundation Inc.
Here are 4 key members and their salaries:
- Compensation: $75,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Greater Mercer Area Healthcare Foundation Inc?
Greater Mercer Area Healthcare Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Greater Mercer Area Healthcare Foundation Inc
Greater Mercer Area Healthcare Foundation Inc is committed to providing nursing and rehabilitation services to individuals in Mercer County who require them. The organization's mission is to serve this community by offering essential healthcare services, specifically in the domains of nursing and rehabilitation. To further support this mission, the foundation has awarded eight scholarships to attend various nursing programs in New Jersey, covering the cost of the New Jersey certification examination. By investing in the education and certification of future healthcare professionals, Greater Mercer Area Healthcare Foundation Inc is not only strengthening its own capacity to deliver services but also contributing to the broader healthcare landscape in the state.
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Impact
August, 2024
The Greater Mercer Area Healthcare Foundation Inc's impact is felt through its provision of nursing and rehabilitation services to the people of Mercer County in New Jersey. Additionally, the foundation has given out eight grants as scholarships to attend various nursing programs in the state of New Jersey, covering the cost of the NJ certification examination. Through these initiatives, the organization is fulfilling its mission to provide essential healthcare services to those in need in the local community.
This information is meant to be a general summary of Greater Mercer Area Healthcare Foundation 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 2022.
- Investment Income: $45,408
- Gross Receipts: $64,255
Assets and Liabilities:
- Total Assets: $1,085,120
- Total Liabilities: $0
- Net Assets: $1,085,120
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Organization Details
Founding Year
2020
Phone
(973) 919-4947Principal Officer
Lori Petschauer
Main Address
BOX 272, MONMOUTH BEACH, NJ, 07750
NTEE Category
Code: E90 - Health
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