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New York BBB Wise Giving Report for
Alzheimer's Association - New York City Chapter

A BBB Accredited charity

 



Expiration Date:
01/2016
Name:
Alzheimer's Association, New York City Chapter
Formerly known as:
N/A
Address:
360 Lexington Avenue
4th Floor
New York, NY 10017
Phone:
646-744-2900
Web Site:
Year, State Incorporated:
1985, New York
Affiliates:
None
Stated Purpose:
" To eliminate Alzheimer's disease through the advancement of research; to provide and enhance care and support for all affected; and to reduce the risk of dementia through the promotion of brain health. "





Evaluation Conclusions
 

              
Alzheimer's Association, New York City Chapter meets the 20 Standards for Charity Accountability.




Programs
 

              
The Alzheimer's Association, New York City Chapter provides free information, confidential assistance and support for those with Alzheimer's disease and related dementias, as well as for their family members, caregivers and professionals. Our core programs include a 24-hour Helpline, Care Consultation, Education and Training, Support Groups, Early Stage Services and MedicAlert® + Alzheimers's Association Safe Return®. The Chapter actively advocates at the city, state and federal level to support related legislation and heighten public awareness. In addition, the Chapter sponsors an African-American, Chinese, and Latino Outreach Program, and a Physician Outreach Program.



Governance
 

              
Chief Executive Officer:
Ms. Lou-Ellen Barkan, President & CEO
Compensation*:
$275,000
Co-Chair of the Board :
Mr. Jeffrey N. Jones
Chair's Profession / Business Affiliation:
KPMG
Co-Chair of the Board :
Mr. Benjamin J. Jenkins
Chair's Profession / Business Affiliation:
Retired
Board Size:
26
Paid Staff Size:
53



*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.




Fund Raising
 

              
Method(s) Used:


Direct mail appeals, invitations to fund raising events, grant proposals, Invitations to educational meetings/research updates
Fund raising costs were 19.8% of related contributions. (Related contributions, which totaled $6,141,223, are donations received as a result of fund raising activities.)
This Organization incurred joint costs of $986,853. Of those costs $349,930 was allocated to program expenses and $636,923 was allocated to fund raising expenses.




Tax Status
 

              
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.




Financial
 

              
The following information is based on Alzheimer's Association, NYC Chapter's Audited Financial Statements for the fiscal year ended June 30, 2013.

Source of Funds  

Special events

$3,320,070

Revenue earned under Shared Fundraising Agreement

1,489,941

Individual contributions

1,416,715

Corporate and foundation contributions

925,915

Bequests

763,382

Investment income

252,051

Government grants

192,540

Other revenue

78,950

Program service revenues

31,048

Unrealized (loss) gain on investments

(65,854)

Less: Costs of direct benefits of special events

(279,245)

Less: National's portion under Shared Fundraising Agreement

(1,688,095)

Total Income

$6,437,418

Program Expenses  

Patient and family services

$3,299,248

Public awareness and education

2,374,400

Research

432,908

Public policy

190,598
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Expenses in Excess of Income

6,297,154
1,214,703
1,095,945

$8,607,802

$(2,170,384)




Uses of Funds as a % of Total Expenses


Programs: 73%  Fund Raising: 14%  Administrative 13% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $11,999,436
Ending net assets 9,829,052
Total liabilities 3,080,190

Total assets

$12,909,242






 

A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fundraising or promotional purposes and may not be reproduced or distributed in whole or in part.