Friends Of United Hatzalah Inc
- Assets
- $40.9m
- Revenue
- $51.0m
- Investments
- $1.1m
- Employees
- 30
- Location
- New York, NY
- Founding
- 07/2001
- Data as of
- 12/2021
- EIN
- 11-3533002
Organization Overview
Friends Of United Hatzalah Inc is located in New York, NY. The organization was established in 2001. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Friends Of United Hatzalah Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of United Hatzalah 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 12/2021, Friends Of United Hatzalah Inc generated $51.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.1% each year . All expenses for the organization totaled $29.8m during the year ending 12/2021. While expenses have increased by 20.0% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING FINANCIAL SUPPORT, SUPPLIES AND MEDICAL EQUIPMENT TO MEDICAL FIRST RESPONDER ORGS. THE ORGANIZATION STRIVES TO DEVELOP WAYS TO REDUCE EMERGENCY RESPONSE TIME TO REACH MEDICAL EVENTS. THE ORGANIZATION ALSO PROVIDES SUPPORT TO EDUCATIONAL AND CHARITABLE ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES FINANCIAL SUPPORT, SUPPLIES AND MEDICAL EQUIPMENT TO MEDICAL FIRST RESPONDER ORGANIZATIONS. THE ORGANIZATION STRIVES TO DEVELOP WAYS TO REDUCE EMERGENCY RESPONSE TIME TO REACH MEDICAL EVENTS. THE ORGANIZATION ALSO PROVIDES SUPPORT TO EDUCATIONAL AND CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Gerson Chairman | OfficerTrustee | 2 | $0 |
Joel Weiner Treasurer | OfficerTrustee | 2 | $0 |
Catherine Weiss Secretary | OfficerTrustee | 2 | $0 |
Steve Hornstein Executive Committee Member | Trustee | 2 | $0 |
Amy Korenvaes Executive Committee Member | Trustee | 2 | $0 |
Adele Sandberg Executive Committee Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jammen82 Llc Management Consulting | 12/30/22 | $216,000 |
Projecto Inc Consulting Services | 12/30/22 | $248,932 |
Rescue Consulting & Developing Ltd Consulting Services | 12/30/22 | $154,202 |
Peterborough Sa De Cv Consulting Services | 12/30/22 | $140,862 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,511,680 |
| Investment income | $14,229 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$363,706 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $51,038,255 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $24,100,297 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $899,179 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,068,725 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $142,936 |
| Payroll taxes | $177,122 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,716 |
| Fees for services: Accounting | $52,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $992,020 |
| Advertising and promotion | $537,603 |
| Office expenses | $301,314 |
| Information technology | $10,185 |
| Royalties | $0 |
| Occupancy | $81,937 |
| Travel | $180,509 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $196,466 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,912 |
| Insurance | $35,948 |
| All other expenses | $0 |
| Total functional expenses | $29,826,453 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,348,502 |
| Savings and temporary cash investments | $9,567,694 |
| Pledges and grants receivable | $24,434,585 |
| Accounts receivable, net | $0 |
| 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 | $200,500 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,125,550 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $254,569 |
| Total assets | $40,942,673 |
| Accounts payable and accrued expenses | $636,731 |
| Grants payable | $7,000,000 |
| 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 | $0 |
| Total liabilities | $7,636,731 |
| Net assets without donor restrictions | $32,053,942 |
| Net assets with donor restrictions | $1,252,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $33,305,942 |
Grants Awarded
Over the last fiscal year, Friends Of United Hatzalah Inc has awarded $297,850 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NACHAL NOVEA MEKOR CHOCHMA PURPOSE: TO PROMOTE JEWISH CAUSES | $31,500 |
FRIENDS OF JERUSALEM PURPOSE: TO PROVIDE MEDICAL EQUIPMENT AND GENERATORS TO HELP COMMUNITIES AFFECTED BY THE WAR IN UKRAINE. | $266,350 |