Alzheimers Disease And Related Disorders New York City Inc
- Assets
- $4.9m
- Revenue
- $6.2m
- Investments
- $115.9k
- Employees
- 30
- Location
- New York, NY
- Founding
- 07/2015
- Data as of
- 06/2022
- EIN
- 13-3277408
Organization Overview
Alzheimers Disease And Related Disorders New York City Inc, operating under the name Caringkind, is located in New York, NY. The organization was established in 2015. According to its NTEE Classification (G83) the organization is classified as: Alzheimers Disease, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 06/2022, Caringkind employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Caringkind 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 06/2022, Caringkind generated $6.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $4.9m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (10.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF CARINGKIND IS TO CREATE, DELIVER, AND PROMOTE COMPREHENSIVE AND COMPASSIONATE CARE AND SUPPORT SERVICES FOR INDIVIDUALS AND FAMILIES AFFECTED BY ALZHEIMER'S DISEASE AND RELATED DEMENTIAS, AND TO ELIMINATE ALZHEIMER'S DISEASE THROUGH THE ADVANCEMENT OF RESEARCH. WE ACHIEVE OUR MISSION BY PROVIDING PROGRAMS AND SERVICES FOR INDIVIDUALS WITH DEMENTIA, THEIR FAMILY AND PROFESSIONAL CAREGIVERS; INCREASING PUBLIC AWARENESS; COLLABORATING WITH RESEARCH CENTERS; AND INFORMING PUBLIC POLICY THROUGH ADVOCACY.
Describe the Organization's Program Activity:
PATIENT AND FAMILY SERVICES - CARINGKIND OFFERS A HELPLINE RUN BY PROFESSIONAL STAFF; INDIVIDUAL AND FAMILY COUNSELING SESSIONS WITH LICENSED SOCIAL WORKERS; A VAST NETWORK OF SUPPORT GROUPS; AND A WANDERER'S SAFETY PROGRAM. THESE SERVICES IMPROVE THE AFFECTED INDIVIDUAL AND THEIR CAREGIVER'S QUALITY OF LIFE AND DECREASES THE STRESSFUL IMPACT OF ALZHEIMER'S AND DEMENTIA. SOCIAL WORKERS IDENTIFY AREAS OF NEED AND PROVIDE ASSISTANCE AND PSYCHOSOCIAL SUPPORT THROUGH EDUCATION ABOUT THE DISEASE AND SYMPTOM MANAGEMENT, PROBLEM SOLVING, PLANNING FOR FUTURE NEEDS, AND LINKAGES WITH RESOURCES, PARTICULARLY DURING TRANSITIONAL OR CRISIS SITUATIONS.
PUBLIC AWARENESS AND EDUCATION - ALZHEIMER'S IS A PROGRESSIVE, DEGENERATIVE, AND ULTIMATELY FATAL DISEASE. TOO FEW AMERICANS UNDERSTAND THE CURRENT AND FUTURE ECONOMIC IMPACT OF ALZHEIMER'S. ALREADY MORE THAN 6 MILLION AMERICANS ARE LIVING WITH ALZHEIMER'S AND MORE THAN 11 MILLION PEOPLE ARE PROVIDING UNPAID CARE AND SUPPORT. THIS MASSIVE GROUP IS IN NEED OF INFORMATION AND RESOURCES. CARINGKIND HAS INVESTED IN EDUCATION CAMPAIGNS AND INITIATIVES TO INCREASE KNOWLEDGE ABOUT ALZHEIMER'S DISEASE AND AWARENESS OF THE ORGANIZATION AS THE CENTER OF HELP AND HOPE. KEY MESSAGES INCLUDE THE IMPORTANCE OF EARLY DETECTION, RESOURCES FOR PEOPLE WITH ALZHEIMER'S AND THEIR FAMILIES, AND THE SOCIETAL IMPACT OF THE DISEASE. MILLIONS OF CONSTITUENTS ARE ENGAGED TO EDUCATE THEIR COMMUNITIES AND WORKPLACES.
RESEARCH - CARINGKIND REMAINS COMMITTED TO THE ADVANCEMENT OF RESEARCH TOWARDS THE GOAL OF ELIMINATING ALZHEIMER'S DISEASE. WE ACHIEVE THIS GOAL THROUGH COLLABORATING WITH RESEARCH CENTERS, AND SCIENTISTS IN NEW YORK CITY, NATIONALLY AND INTERNATIONALLY; HELPING TO RECRUIT SUBJECTS FOR RESEARCH, EDUCATING OUR COMMUNITY ABOUT THE IMPORTANCE OF RESEARCH, AND HOW TO PARTICIPATE IN RESEARCH TRIALS. ALL RESTRICTED RESEARCH DONATIONS ARE PASSED-THROUGH TO OUR RESEARCH PARTNERS.
PUBLIC POLICY - ADVOCATES FOR PUBLIC POLICIES AIMED AT ADVANCING RESEARCH TOWARD BETTER THERAPIES, DETECTION, METHODS OF PREVENTION AND ULTIMATELY A CURE, AS WELL AS FOR BETTER CARE AND RESOURCES, AND HEALTH AND LONG-TERM COVERAGE TO ENSURE HIGH QUALITY COST EFFECTIVE CARE FOR PEOPLE WITH ALZHEIMER'S DISEASE AND THEIR FAMILIES. POLICY ACTIVITIES ALSO INCLUDE COLLABORATING WITH OTHER ORGANIZATIONS TO IMPROVE QUALITY CARE AND RAISE AWARENESS OF KEY ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eleonora Carmen Tornatore President & CEO | Officer | 45 | $226,539 |
Carol Berne Senior Vice President Of Development Director Of L | 40 | $137,205 | |
Alex Wong Chief Financial Officer | Officer | 42 | $112,866 |
Peggy Chu Svp, Chief Administrative Office | 46 | $102,764 | |
Edward Cisek Cpo & VP Of Program | 40 | $102,404 | |
Betsy Billard Co-Chair | OfficerTrustee | 0.2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bemporad Baranowski Inc Brand And Innovation Consulting | 6/29/16 | $200,000 |
Ann Wyatt Palliative Care Project Consulting | 6/29/16 | $104,253 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,972,904 |
| Related organizations | $0 |
| Government grants | $1,163,432 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,902,458 |
| Noncash contributions included in lines 1a–1f | $204,550 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,038,794 |
| Total Program Service Revenue | $66,944 |
| Investment income | $741 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$180 |
| Net Income from Fundraising Events | $37,799 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,165,848 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,150 |
| Grants and other assistance to domestic individuals. | $336,075 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $388,150 |
| Compensation of current officers, directors, key employees. | $162,100 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,849,485 |
| Pension plan accruals and contributions | $72,923 |
| Other employee benefits | $198,399 |
| Payroll taxes | $213,874 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $32,083 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $430,745 |
| Advertising and promotion | $33,916 |
| Office expenses | $153,031 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $750,440 |
| Travel | $22,875 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $79,961 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $226,260 |
| Insurance | $27,961 |
| All other expenses | $2,579 |
| Total functional expenses | $4,883,031 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $160 |
| Savings and temporary cash investments | $1,968,450 |
| Pledges and grants receivable | $794,967 |
| Accounts receivable, net | $274,068 |
| 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 | $118,926 |
| Net Land, buildings, and equipment | $1,079,862 |
| Investments—publicly traded securities | $508,536 |
| Investments—other securities | $115,934 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,860,903 |
| Accounts payable and accrued expenses | $236,055 |
| Grants payable | $0 |
| Deferred revenue | $3,520 |
| 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 | $1,257,079 |
| Total liabilities | $1,496,654 |
| Net assets without donor restrictions | $1,876,686 |
| Net assets with donor restrictions | $1,487,563 |
| 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 | $4,860,903 |
Grants Awarded
Over the last fiscal year, Alzheimers Disease And Related Disorders New York City Inc has awarded $8,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: SUPPORT CONFERENCE FOR LATINO ELDERS & THEIR FAMILIES | $5,000 |
VARIOUS GRANTS UNDER 5000 PURPOSE: VARIOUS | $3,000 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that Alzheimers Disease And Related Disorders New York City Inc has recieved totaling $638,172.
| Awarding Organization | Amount |
|---|---|
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $217,410 |
Andrew W Mellon Foundation New York, NY PURPOSE: TO CONTINUE SUPPORT FOR ARTS PROGRAMMING FOR INDIVIDUALS WITH DEMENTIA AND THEIR CARE PARTNERS | $175,000 |
Aarp Washington, DC PURPOSE: Donation for the Dementia care pilot project to improve brain health and dementia related disease care | $100,000 |
St Francis Food Pantries And Shelters Inc New York, NY PURPOSE: TO SUPPORT THE ORGANIZATIONS MISSION. | $35,000 |
Adira Foundation Richmond, VA PURPOSE: Contribution to MAP project | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $23,445 |
Endowment Analysis
| Beg. Balance | $163,409 |
| Earnings | $19 |
| Other Expense | $6,027 |
| Ending Balance | $157,401 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Livewell Alliance Inc Plantsville, CT | $18,490,904 | $21,975,503 |
Alzheimers Foundation Of America Inc New York, NY | $39,937,274 | $14,859,921 |
Rogerson House Inc Boston, MA | $9,943,495 | $6,184,101 |
Coalition Of New York State Cohoes, NY | $1,199,454 | $4,999,250 |
Alzheimers Disease And Related Disorders New York City Inc New York, NY | $4,860,903 | $6,165,848 |
The Long Island Alzheimers And Dementia Center Westbury, NY | $1,943,694 | $1,743,458 |
The Mertz Charitable Trust Pittsburgh, PA | $0 | $180,463 |
Ftd Disorders Registry Llc King Of Prussia, PA | $1,122,791 | $727,717 |
Alzheimers Disease Resourcecenter Inc East Islip, NY | $2,273,072 | $1,512,511 |
Alzheimers Family Caregiver Support Center Inc Brewster, MA | $1,242,490 | $1,014,307 |
Jog Your Memory 5k Inc Needham, MA | $116,756 | $249,909 |
Jewish Senior Life Community Services Inc Rochester, NY | $1,086,635 | $159,394 |