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Foundation For The Elderly

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

EIN: 223183035 ✦ Inwood, NY ✦ Designated as a 501(c)(3)

Overview

What is Foundation For The Elderly?

The Foundation For The Elderly is a licensed nonprofit organization based in Inwood, New York, with a workforce of 1,873 employees. Their primary mission is to provide home healthcare services and operate a residential adult care facility for the elderly population. Through these initiatives, they aim to help seniors maintain their independence by offering assistance with daily tasks such as bathing, laundry, and light housekeeping. This care enables elderly individuals to remain in their own homes, promoting their overall well-being and quality of life.


Is Foundation For The Elderly legitimate?

Foundation For The Elderly is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For The Elderly 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.

Here are some key statistics you may want to consider:

Executive Compensation: $184,716
Professional Fundraising Fees: $0
Other Salaries and Wages: $27,734,195

For more financial information, click here


What is the mission statement of Foundation For The Elderly?
Who is the CEO of Foundation For The Elderly?
What is the revenue of Foundation For The Elderly?
Who are the executives of Foundation For The Elderly and what are their salaries?
Where can I find the form 990 for Foundation For The Elderly?

Mission Statement of Foundation For The Elderly

The Foundation for the Elderly is a licensed organization dedicated to providing essential services to elderly individuals, enabling them to reside in their home environment with comfort and independence. With a mission to operate both a home healthcare service and a residential adult care facility, the Foundation prioritizes the needs of the elderly community.

Through its home healthcare services, the Foundation offers assistance to clients requiring help with daily living tasks. These tasks may include bathing, laundry, and light housekeeping. By providing such services, the Foundation empowers its clients to maintain their independence and remain in the familiar surroundings of their own homes. In essence, the Foundation for the Elderly bridges the gap between the need for care and the desire for self-sufficiency, allowing elderly individuals to age gracefully in the comfort of their own homes.

The residential adult care facility run by the Foundation serves as an essential resource for elderly individuals who require more comprehensive care. This facility offers a supportive environment where elderly residents can receive round-the-clock care and attention, ensuring their overall well-being. By providing both home healthcare services and residential care facilities, the Foundation for the Elderly caters to the diverse needs of the elderly population, allowing them to age with dignity and comfort.

Impact

This information is meant to be a general summary of Foundation For The Elderly. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Foundation For The Elderly provides essential care and support to elderly individuals in need of assistance with personal tasks and activities. By operating a licensed home healthcare service and a residential adult care facility, the organization enables seniors to maintain their independence and dignity. Their services, which include bathing, laundry, light housekeeping, and other forms of support, have a direct impact on enhancing the quality of life for elderly individuals in the Inwood, NY area. Through their commitment to human services, Foundation For The Elderly serves as a vital resource for older adults and their families, promoting well-being and comfort in the aging population.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $6,087
  • Program Service Revenue: $37,564,033
  • Gross Receipts: $38,184,077

    • Assets and Liabilities:
  • Total Assets: $10,974,165
  • Total Liabilities: $10,710,716
  • Net Assets: $263,449
  • Programs

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

    HOME HEALTH CARE

    Revenue

    $37,564,033

    Organization Details

    Founding Year

    1992

    Principal Officer

    Simcha Strohli

    Main Address

    260 DOUGHTY BLVD, INWOOD, NY, 11096

    NTEE Category

    Code: P81Z - Human services

    If you are a representative of Foundation For The Elderly and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.