Lewy Body Dementia Resource Center Of New York Inc
- Assets
- $264.3k
- Revenue
- $249.3k
- Investments
- $0.0
- Employees
- 1
- Location
- Long Beach, NY
- Founding
- 03/2016
- Data as of
- 12/2023
- EIN
- 81-1458076
Organization Overview
Lewy Body Dementia Resource Center Of New York Inc is located in Long Beach, NY. The organization was established in 2016. According to its NTEE Classification (G48) the organization is classified as: Brain Disorders, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lewy Body Dementia Resource Center Of New York 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, Lewy Body Dementia Resource Center Of New York Inc generated $249.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $310.2k during the year ending 12/2023. 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
RAISE PUBLIC AWARENESS AND PROVIDE A RESOURCE AND REFERRAL CENTER FOR SUFFERERS OF LEWY BODY DEMENTIA, DOCTORS AND CARGIVERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
RAISE PUBLIC AWARENESS AND PROVIDE A RESOURCE AND REFERRAL CENTER FOR SUFFERERS OF LEWY BODY DEMENTIA, DOCTORS AND CAREGIVERS
FISCAL SPONSORSHIPS: PARTNERSHIPS WITH INDIVIDUALS/ENTITIES WITHOUT NOT-FOR-PROFIT STATUS WHO SHARE COMMON GOAL OF RAISING PUBLIC AWARENESS OF LEWY BODY DEMENTIA (LBD).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norma Loeb Founder/executive Director | OfficerTrustee | 40 | $22,917 |
Jason A Cohen MD Director | Trustee | 1 | $0 |
Mary Lou Falcone Director | Trustee | 2 | $0 |
Joyce F Fogel MD Director | Trustee | 1 | $0 |
Leon Meytin MD Director | Trustee | 1 | $0 |
Marisa Stefatos Secretary | Officer | 1 | $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 | $248,375 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $248,375 |
| Total Program Service Revenue | $0 |
| Investment income | $894 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $249,269 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $238,265 |
| 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. | $22,917 |
| Compensation of current officers, directors, key employees. | $11,458 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,748 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31,768 |
| Advertising and promotion | $651 |
| Office expenses | $3,559 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,031 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $599 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,523 |
| All other expenses | $1,158 |
| Total functional expenses | $310,219 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $153,382 |
| Savings and temporary cash investments | $100,894 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,000 |
| Total assets | $264,276 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $38,005 |
| Total liabilities | $38,005 |
| 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 | -$57,824 |
| Total liabilities and net assets/fund balances | $264,276 |
Grants Awarded
Over the last fiscal year, Lewy Body Dementia Resource Center Of New York Inc has awarded $238,265 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MIND'S EYE PRODUCTIONS PURPOSE: FISCAL SPONSORSHIP FOR THE CREATION OF A DOCUMENTARY FOCUSED ON THE LIVES OF FAMILIES LIVING WITH LEWY BODY DEMENTIA (LBD) IN AN EFFORT TO RAISE PUBLIC AWARENESS. | $228,998 |
STONY BROOK FOUNDATION INC PURPOSE: TO FUND RESEARCH FOR A BIOMARKER FOR LEWY BODY DEMENTIA. | $9,267 |