Ronald Mcdonald House Charities New York Metro Inc
- Assets
- $35.4m
- Revenue
- $15.2m
- Investments
- $0.0
- Employees
- 50
- Location
- New Hyde Park, NY
- Founding
- 02/1986
- Data as of
- 12/2023
- EIN
- 11-2764747
Organization Overview
Ronald Mcdonald House Charities New York Metro Inc is located in New Hyde Park, NY. The organization was established in 1986. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. As of 12/2023, Ronald Mcdonald House Charities New York Metro Inc employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ronald Mcdonald House Charities New York Metro Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Ronald Mcdonald House Charities New York Metro Inc generated $15.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 20.8% each year . All expenses for the organization totaled $6.2m during the year ending 12/2023. While expenses have increased by 8.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ronald Mcdonald House Charities New York Metro Inc has awarded 26 individual grants totaling $5,511,868. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
BUILD A COMMUNITY OF COMPASSIONATE CARE BY CREATING AND SUPPORTING PROGRAMS THAT DIRECTLY IMPROVE THE HEALTH AND WELL-BEING OF SICK CHILDREN AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RONALD MCDONALD HOUSEWHEN CHILDREN MUST TRAVEL TO ACCESS TOP MEDICAL CARE, ACCOMMODATIONS AND SUPPORT FOR FAMILIES CAN BE EXPENSIVE OR NOT READILY AVAILABLE. THE ORGANIZATION HELPS FAMILIES STAY CLOSE TO THEIR SERIOUSLY ILL OR INJURED CHILD THROUGH THE RONALD MCDONALD HOUSE PROGRAM LOCATED IN NEW HYDE PARK, NY WHICH PROVIDES TEMPORARY LODGING, MEALS AND OTHER SUPPORT TO CHILDREN AND THEIR FAMILIES. THE PROGRAM PROVIDES FAMILIES WITH EMOTIONAL AND PHYSICAL COMFORT AND INCREASES THE CAREGIVERS ABILITY TO SPEND MORE TIME WITH THEIR CHILD, TO INTERACT WITH THEIR CLINICAL CARE TEAM AND TO PARTICIPATE IN CRITICAL MEDICAL CARE DECISIONS.RONALD MCDONALD FAMILY ROOMWHEN A CHILD IS CRITICALLY ILL, PARENTS MAY BE RELUCTANT TO LEAVE THE HOSPITAL. IN ORDER TO PROVIDE COMFORT AND SUPPORT TO THEIR CHILD, IT IS IMPORTANT THAT PARENTS HAVE AN OPPORTUNITY TO REST, HAVE A MEAL OR HAVE A MOMENT OF QUIET. LOCATED INSIDE MEDICAL CARE FACILITIES,RONALD MCDONALD FAMILY ROOM PROGRAMS IN STONY BROOK, NY, SERVES AS A PLACE OF RESPITE, RELAXATION AND PRIVACY FOR FAMILY MEMBERS, OFTEN JUST STEPS AWAY FROM WHERE THEIR CHILD IS BEING TREATED. THE RONALD MCDONALD FAMILY ROOM PROGRAMS PROVIDE PARENTS WITH AN OPPORTUNITY TO REMAIN CLOSE TO THEIR HOSPITALIZED CHILD AND TO BE AN ACTIVE MEMBER OF THEIR CHILDS HEALTH CARE TEAM.RMHC NEW YORK METRO ALSO PROVIDES FINANCIAL SUPPORT TO SEVERAL INDEPENDENT RONALD MCDONALD HOUSES IN OUR REGION THROUGH MCDONALDS FUNDRAISING IN THE GREATER NEW YORK METRO AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Campo Chief Executive Officer | 40 | $330,928 | |
Jennifer Nicholson Chief Operating Officer | 40 | $219,278 | |
Elisa Ruoff Dir. Of Major Gift | 40 | $128,725 | |
Jovann Dixon Dir. Of Operations | 40 | $124,800 | |
Yukping Tina Chan Dir. Of Finance | 40 | $111,300 | |
Kyle L Markland Treasurer | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
M3 Development Corporation Campaign Consultant | 12/30/22 | $150,000 |
Bam Creative Architecture Firm | 12/30/22 | $117,279 |
Clearview Roofing & Construction Roofing Contractor | 12/30/22 | $113,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,721,820 |
| Noncash contributions included in lines 1a–1f | $750,820 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,721,820 |
| Total Program Service Revenue | $0 |
| Investment income | $897,649 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,606,967 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,226,436 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,671,472 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $550,206 |
| Compensation of current officers, directors, key employees. | $27,510 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,418,685 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $172,126 |
| Payroll taxes | $147,627 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,229 |
| Fees for services: Accounting | $30,488 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $89,550 |
| Advertising and promotion | $74,081 |
| Office expenses | $27,906 |
| Information technology | $124,826 |
| Royalties | $0 |
| Occupancy | $158,218 |
| Travel | $30,673 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,817 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $529,022 |
| Insurance | $93,454 |
| All other expenses | $85,289 |
| Total functional expenses | $6,162,650 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,599,662 |
| Savings and temporary cash investments | $757,050 |
| Pledges and grants receivable | $3,680,913 |
| Accounts receivable, net | $450,973 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $134,981 |
| Net Land, buildings, and equipment | $5,856,882 |
| Investments—publicly traded securities | $8,902,190 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,650 |
| Total assets | $35,397,301 |
| Accounts payable and accrued expenses | $143,527 |
| Grants payable | $1,170,881 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $14,650 |
| Total liabilities | $1,329,058 |
| Net assets without donor restrictions | $18,657,962 |
| Net assets with donor restrictions | $15,410,281 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $35,397,301 |
Grants Awarded
Over the last fiscal year, Ronald Mcdonald House Charities New York Metro Inc has awarded $1,671,472 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
RONALD MCDONALD HOUSE CNJ | | | $407,824 |
RONALD MCDONALD HOUSE GHV | | | $519,824 |
RONALD MCDONALD HOUSE NY | | | $743,824 |