Overview
What is Renewal Of Life Inc?
Renewal Of Life Inc, located in Brooklyn, New York, is a dedicated nonprofit organization that aims to assist individuals in need of a kidney transplant. Their primary mission is to identify and connect potential kidney donors with those suffering from various kidney diseases. Renewal provides comprehensive support to donors, guiding them through the donation process, covering any financial losses associated with the donation, and accompanying them to necessary tests. Additionally, Renewal organizes kidney drives and educational seminars to raise awareness about kidney donation. With a team of 16 dedicated individuals, Renewal Of Life Inc plays a crucial role in supporting kidney donors and promoting organ donation.
What are the reviews and ratings of this charity?
Charity Navigator has rated Renewal Of Life Inc with a score of 76%, translating to a Three-Star out of Four Star rating. This score primarily reflects the organization’s Accountability & Finance performance. While the charity has a solid governance structure with a majority of independent board members, it lacks financial statements which has impacted its overall score, particularly in the financial transparency category.
The strengths of Renewal Of Life Inc include a low liabilities to assets ratio and high fundraising efficiency, indicating a competent financial management model. The charity also adheres to several policies, such as conflict of interest and whistleblower protections, which enhances its accountability. However, the absence of published financial statements and limited program expense ratio suggest areas where the organization could improve transparency.
Unfortunately, user reviews from GreatNonprofits are not available for this organization. This limits the public's understanding of direct experiences from beneficiaries or supporters, which could be crucial to evaluating the charity's overall impact and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Renewal Of Life Inc legitimate?
Renewal Of Life Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Renewal Of Life 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: $130,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,589,705
For more financial information, click here
What is the mission statement of Renewal Of Life Inc?
Renewal of Life Inc. is committed to finding and matching kidney donors for individuals suffering from various forms of kidney disease. Their mission is to provide assistance and support to those in need of a kidney transplant, guiding them in their search for a donor. Renewal then accompanies the donors throughout the entire process, offering emotional support and covering any financial losses associated with kidney donation. Moreover, the organization conducts kidney drives and educational seminars to raise awareness and promote kidney donation. In essence, Renewal offers donor guidance and reimbursement, organizes awareness events, and facilitates kidney transplants.
Who is the CEO of Renewal Of Life Inc?
Chaim Steinmetz is the President of Renewal Of Life Inc.
What is the revenue of Renewal Of Life Inc?
Renewal Of Life Inc's revenue in 2022 was $7,606,845.
Who are the executives of Renewal Of Life Inc and what are their salaries?
The average compensation at Renewal Of Life Inc during 2022 was $107,513. There are 16 employees and 2 volunteers at Renewal Of Life Inc.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $75,000
- Related: $0
- Other: $48,000
- Compensation: $397,997
- Related: $0
- Other: $0
- Compensation: $190,395
- Related: $0
- Other: $0
- Compensation: $273,003
- Related: $0
- Other: $0
- Compensation: $114,730
- Related: $0
- Other: $0
- Compensation: $100,690
- Related: $0
- Other: $0
Where can I find the form 990 for Renewal Of Life Inc?
Renewal Of Life Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Renewal Of Life Inc
Renewal of Life Inc is an organization dedicated to a noble mission. Its primary goal is to identify and connect individuals suffering from various forms of kidney disease with potential donors. The nonprofit's mission is to serve as a facilitator, guiding those in need of a kidney transplant through the process of finding a donor. Renewal of Life Inc extends its support beyond just facilitation, accompanying donors throughout their journey, including medical testing and covering any financial losses incurred due to kidney donation. In addition to providing donor support and guidance, Renewal of Life Inc also engages in awareness events and organizes kidney drives to educate the public about the importance of kidney donation. The organization's efforts extend to hosting educational seminars on the topic, aiming to increase understanding and potentially inspire more individuals to consider becoming kidney donors.
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Impact
July, 2024
Renewal Of Life Inc has been instrumental in facilitating kidney donations for individuals suffering from various forms of kidney disease. Their impact can be seen in the countless lives that have been saved and improved through successful kidney transplants. By guiding those in need of a kidney transplant in finding a suitable donor, accompanying donors through testing, providing financial assistance, and organizing educational seminars and kidney drives, Renewal Of Life Inc plays a crucial role in raising awareness about kidney donation and supporting donors throughout the entire process. Their dedication to this cause has made a significant difference in the lives of both recipients and donors.
This information is meant to be a general summary of Renewal Of Life 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: $12,771
- Gross Receipts: $7,606,845
Assets and Liabilities:
- Total Assets: $9,927,812
- Total Liabilities: $249,935
- Net Assets: $9,677,877
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Organization Details
Founding Year
2011
Phone
(718) 431-0539Principal Officer
Chaim Steinmetz
Main Address
5904 13 AVENUE, BROOKLYN, NY, 11219
NTEE Category
Code: P20 - Human services
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