New Heart Inc

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

EIN: 850253067 ✦ Albuquerque, NM ✦ Designated as a 501(c)(3)

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Overview

What is New Heart Inc?

New Heart Inc is a nonprofit organization dedicated to promoting heart health. Their mission involves educating and rehabilitating individuals, offering a variety of preventive and rehabilitative programs. These programs encompass nutrition counseling, behavioral counseling, lifestyle coaching, supervised exercise, and medical monitoring. New Heart caters to patients with a history or risk of heart disease, aiming to provide them with comprehensive services tailored to their needs.


Official website here: www.newheartnm.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84%, Three-Star out of Four Star Rating

New Heart Inc has achieved a Three-Star rating from Charity Navigator, indicating a commendable level of accountability and financial health. The score is entirely derived from their Accountability & Finance metrics, where they scored 84%. This suggests that the organization demonstrates solid financial practices and transparency in their operations.

The nonprofit has an independent board with 100% of its members being independent, which is a positive indicator of effective governance. Additionally, they excel in areas such as financial statements oversight and maintaining a low liability to asset ratio, reflecting sound financial management. Their program expense ratio is also strong at 73.75%, indicating that a significant portion of their expenditures goes directly to their programs.

However, there are notable limitations in their policies, specifically the absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which could impact overall governance and ethical standards. Addressing these gaps would enhance their accountability and potentially improve future ratings.


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

Is New Heart Inc legitimate?

New Heart Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Heart 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: $75,769
Professional Fundraising Fees: $0
Other Salaries and Wages: $295,214

For more financial information, click here


Official website here: www.newheartnm.com

What is the mission statement of New Heart Inc?

New Heart Inc, as an organization, is dedicated to promoting heart health through education and rehabilitation. They cater to individuals with a history or at risk of heart disease, offering a variety of preventive and restorative programs. These programs encompass nutrition counseling, behavioral guidance, lifestyle coaching, supervised exercise, and medical surveillance. The comprehensive services provided by New Heart Inc aim to assist individuals in achieving and maintaining optimal heart health.


Official website here: www.newheartnm.com

Who is the CEO of New Heart Inc?

Yaw A Adjei-Poku Md is the President of New Heart Inc.


Official website here: www.newheartnm.com

What is the revenue of New Heart Inc?

New Heart Inc's revenue in 2022 was $1,109,299.


Official website here: www.newheartnm.com

Who are the executives of New Heart Inc and what are their salaries?

The average compensation at New Heart Inc during 2022 was $17,666. There are 21 employees at New Heart Inc.


Here are 9 key members and their salaries:


Yaw A Adjei-Poku Md (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fenton Mccarthy Md (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Bieniarz Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Irv Diamond Cpa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Mazer Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Serena Pettes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Ramo Md (Director)
  • Compensation: $0
  • Related: $159,058
  • Other: $0
Steven Rodgers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Omar Negrete (Operations D)
  • Compensation: $71,480
  • Related: $0
  • Other: $4,289


Official website here: www.newheartnm.com

Where can I find the form 990 for New Heart Inc?

New Heart Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newheartnm.com

Learn more at the official website: www.newheartnm.com

Mission Statement of New Heart Inc

New Heart Inc, a dedicated organization, is committed to the mission of educating and rehabilitating individuals to achieve heart health. They offer a variety of preventive and rehabilitative programs tailored for individuals with a history or at risk of heart disease. The organization's comprehensive services encompass nutrition counseling, behavioral counseling, lifestyle coaching, supervised exercise, and medical monitoring. New Heart Inc aims to empower individuals to take charge of their heart health, providing them with the knowledge and tools necessary to make informed decisions and adopt healthier habits. Their approach is holistic, addressing both physical and mental aspects of heart health, ensuring a well-rounded approach to rehabilitation and prevention.

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Impact




July, 2024

New Heart Inc's impact lies in its ability to significantly improve the heart health of individuals by providing them with education, rehabilitation, and support services. Through its comprehensive programs, including nutrition counseling, behavioral counseling, lifestyle coaching, supervised exercise, and medical monitoring, New Heart Inc successfully helps patients with a history or risk of heart disease to achieve better heart health outcomes. By focusing on preventive measures and rehabilitation, New Heart Inc plays a crucial role in reducing the prevalence and impact of heart disease in the community.




This information is meant to be a general summary of New Heart 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
$1,109,299 (2022)
Expenses
$1,224,840 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,159
  • Program Service Revenue: $929,742
  • Gross Receipts: $1,109,299

Assets and Liabilities:

  • Total Assets: $2,972,415
  • Total Liabilities: $72,107
  • Net Assets: $2,900,308

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$929,742

Organization Details

Founding Year

1977

Principal Officer

Yaw A Adjei-Poku Md

Main Address

601 LOMAS BLVD NE, ALBUQUERQUE, NM, 871022528

NTEE Category

Code: G43 - Disease

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