Hyacinth Foundation A New Jersey Nonprofit Corporation
- Assets
- $4.1m
- Revenue
- $11.4m
- Investments
- $0.0
- Employees
- 149
- Location
- New Brunswick, NJ
- Founding
- 10/1985
- Data as of
- 06/2023
- EIN
- 22-2648820
Organization Overview
Hyacinth Foundation A New Jersey Nonprofit Corporation is located in New Brunswick, NJ. The organization was established in 1985. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. As of 06/2023, Hyacinth Foundation A New Jersey Nonprofit Corporation employed 149 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hyacinth Foundation A New Jersey Nonprofit Corporation 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 06/2023, Hyacinth Foundation A New Jersey Nonprofit Corporation generated $11.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $10.9m during the year ending 06/2023. While expenses have increased by 7.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION AT HYACINTH IS TO HELP PEOPLE LIVE WITH HIV, SLOW THE SPREAD OF THE EPIDEMIC, AND SERVE AS A CRITICAL VOICE IN THE PUBLIC DEBATE SURROUNDING AIDS IN NEW JERSEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECT CLIENT SERVICES - INCLUDES MEDICAL CASE MANAGEMENT, MEDICAL CARE, PSYCHOSOCIAL SUPPORT, HOUSING SUPPORT, CLIENT ADVOCACY, AND DIRECT EMERGENCY ASSISTANCE (RENT AND UTILITY PAYMENTS) TO INDIVIDUALS AND/OR FAMILIES AFFECTED BY HIV/AIDS IN NEW JERSEY.
LEGAL SERVICES, PUBLIC POLICY, GENERAL & ADMINISTRATIVE, DEVELOPMENT, FUNDRAISING.
EDUCATION, COUNSELING, PREVENTION, AND TESTING (ECPT) - PROVIDES COUNSELING, TESTING, AND PREVENTION SERVICES TO INDIVIDUALS AT RISK FOR HIV/AIDS IN SIX COUNTIES IN NEW JERSEY.
MENTAL HEALTH AND SUBSTANCE ABUSE SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda J Niedweske ESQ President | OfficerTrustee | 2 | $0 |
Jeri M Thomas Vice President | OfficerTrustee | 2 | $0 |
Peter Jewell VP Of Development | OfficerTrustee | 2 | $0 |
William R Hagaman Jr CPA Treasurer | OfficerTrustee | 2 | $0 |
James Hemm Assistant Treasurer | OfficerTrustee | 2 | $0 |
Arjun Channi Governance Chair | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Matrix Aewnb Llc Office Space | 6/29/23 | $186,297 |
Mataji And Ganesh Llc Office Space | 6/29/23 | $123,256 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $169,630 |
| Related organizations | $0 |
| Government grants | $9,129,136 |
| All other contributions, gifts, grants, and similar amounts not included above | $468,998 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,767,764 |
| Total Program Service Revenue | $1,685,518 |
| Investment income | $7,405 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$40,192 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,442,994 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $148,814 |
| Grants and other assistance to domestic individuals. | $504,562 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $153,003 |
| Compensation of current officers, directors, key employees. | $19,247 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,315,523 |
| Pension plan accruals and contributions | $31,846 |
| Other employee benefits | $685,210 |
| Payroll taxes | $355,314 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $32,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $331,344 |
| Advertising and promotion | $191,740 |
| Office expenses | $247,257 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $652,809 |
| Travel | $56,361 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $95,113 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $56,346 |
| Insurance | $144,640 |
| All other expenses | $0 |
| Total functional expenses | $10,878,492 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $71,811 |
| Savings and temporary cash investments | $297,815 |
| Pledges and grants receivable | $1,939,308 |
| 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 | $52,333 |
| Net Land, buildings, and equipment | $317,205 |
| Investments—publicly traded securities | $291,331 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,128,144 |
| Total assets | $4,097,947 |
| Accounts payable and accrued expenses | $943,805 |
| Grants payable | $0 |
| Deferred revenue | $297,569 |
| 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 | $399,757 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,095,197 |
| Total liabilities | $2,736,328 |
| Net assets without donor restrictions | $1,361,619 |
| Net assets with donor restrictions | $0 |
| 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 | $4,097,947 |
Grants Awarded
Over the last fiscal year, Hyacinth Foundation A New Jersey Nonprofit Corporation has awarded $1,729,038 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
IRIS HOUSE-A CENTER FOR WOMEN LIVING WITH HIV PURPOSE: TO SUPPORT HEALTH EDUCATION RISK REDUCTION PROGRAM/PREVENTION SERVICES. | $237,363 |
CICATELLI ASSOCIATES INC PURPOSE: TO INCREASE ACCESSIBLE, COMPREHENSIVE, QUALITY HIV MEDICAL CARE AND SUPPORT | $1,045,807 |
THOMAS JEFFERSON UNIVERSITY PURPOSE: CONVENE THE NEW JERSEY HIV PLANNING GROUP, PRODUCE THE BIANNUAL NJ HPG MEMBER | $445,868 |