The Nursing Economics Fondation Inc
- Assets
- $1.0m
- Revenue
- $122.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Pitman, NJ
- Founding
- 07/1990
- Data as of
- 12/2021
- EIN
- 22-3025058
Organization Overview
The Nursing Economics Fondation Inc is located in Pitman, NJ. The organization was established in 1990. According to its NTEE Classification (E90) the organization is classified as: Nursing, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nursing Economics Fondation 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, Nursing Economics Fondation Inc generated $122.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $63.5k during the year ending 12/2021. While expenses have increased by 4.2% 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
TO SUPPORT THE ADVANCED EDUCATION AND RESEARCH ACTIVITIES OF REGISTERED NURSES
Describe the Organization's Program Activity:
Part 3 - Line 4a
SIX (6)SCHOLARSHIPS/GRANTS WERE GIVEN TO NURSING SCHOOLS/ASSOCIATIONS TO BE AWARDED TO THEIR CHOICE OF NURSES OR NURSING STUDENTS PURSUING DEGREES, CONTINUING EDUCATION OR EXCELLENCE IN PRACTICE TO IMPROVE AND TO PROTECT THE INTEREST OF THE PUBLIC AND MEMBERS OF THE NURSING PROFESSION. FOUR (4) SCHOLARSHIPS/GRANTS WERE AWARDED TO NURSE EXECUTIVES WHO ARE PURSUING ADVANCED ACADEMIC DEGREES TO IMPROVE AND PROTECT THE INTEREST OF THE PUBLIC AND MEMBERS OF THE NURSING PROFESSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony J Jannetti President | OfficerTrustee | 0 | $0 |
Rhonda Anderson Trustee | Trustee | 0 | $0 |
Karen Jannetti Hester Executive Dir. | Trustee | 0 | $0 |
Sister Rosemary Donley Trustee | Trustee | 0 | $0 |
Pearl Moore Trustee | Trustee | 0 | $0 |
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 | $51,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,500 |
| Total Program Service Revenue | $0 |
| Investment income | $21,388 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $49,137 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $122,025 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $61,500 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,330 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $660 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $63,490 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,609 |
| Savings and temporary cash investments | $4,166 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $650 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,008,664 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,040,089 |
| Accounts payable and accrued expenses | $3,660 |
| Grants payable | $0 |
| Deferred revenue | $22,500 |
| 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 | $26,160 |
| Net assets without donor restrictions | $0 |
| 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 | $1,013,929 |
| Total liabilities and net assets/fund balances | $1,040,089 |
Grants Awarded
Over the last fiscal year, The Nursing Economics Fondation Inc has awarded $16,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Brooklyn, NY | | $10,000 |
Pittman, NJ | | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
South Central Alpha Housing And Healthcare Inc Pittsburgh, PA | $3,757,282 | $7,449,302 |
Penn Yan Manor Nursing Home Inc Penn Yan, NY | $4,647,463 | $3,957,801 |
Community Nursing Services Of North East North East, PA | $2,807,637 | $3,426,878 |
Cadbury Continuing Care At Home Inc Cherry Hill, NJ | $2,764,914 | $2,103,056 |
Visiting Nurse Associ Of Northern Nj Affiliated Health Services Inc Morristown, NJ | $1,247,170 | $2,047,062 |
American Society Of Perianesthesia Nurses Cherry Hill, NJ | $7,337,515 | $3,496,191 |
Hiram Certified Home Care Company Utica, NY | $2,546,873 | $2,234,075 |
North Road Lhcsa Inc Valhalla, NY | $116,572 | $922,116 |
Lost And Found Pharmacy Inc Pittsburgh, PA | $112,872 | $1,567,123 |
Northeast Regional Early Intervention Collaborative Inc Wayne, NJ | $485,788 | $1,139,373 |
New York State Coalition Of Nurse Practitioners Inc Clifton Park, NY | $395,155 | $821,762 |
Nurses House Inc Guilderland, NY | $1,216,405 | $602,880 |