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New York BBB Wise Giving Report for
Center for Hearing and Communication

A BBB Accredited charity

 



Expiration Date:
11/2014
Name:
Center for Hearing and Communication
Formerly known as:
League for the Hard of Hearing
Address:
50 Broadway
6th Floor
New York, NY 10004
Phone:
917-305-7700
Web Site:
Year, State Incorporated:
1912, New York
Affiliates:
Center for Hearing and Communication Florida Office
Stated Purpose:
" Improves the quality of life for infants, children, and adults experiencing all degrees of hearing loss. "





Evaluation Conclusions
 

              
Center for Hearing and Communication meets the 20 Standards for Charity Accountability.




Programs
 

              
The Center for Hearing and Communication accomplishes its mission by providing hearing rehabilitation and human services for people who are hard of hearing or deaf, and their families, regardless of age, ability to pay, or mode of communication, and by striving to empower consumers to achieve their potential.



Governance
 

              
Chief Executive Officer:
Laurie Hanin, Executive Director
Compensation*:
$133,450
Chair of the Board:
Jeffrey M. Cohen
Chair's Profession / Business Affiliation:
Advisen Ltd
Board Size:
35
Paid Staff Size:
43



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




Fund Raising
 

              
Method(s) Used:


Direct mail appeals, invitation to fund raising events, print advertisements (newspapers, magazines, etc.), grant proposals
Fund raising costs were 11% of related contributions. (Related contributions, which totaled $1,743,897, are donations received as a result of fund raising activities.)




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 CHC's Audited Financial Statements for the fiscal year ended June 30, 2010.

Source of Funds  

Foundation and Corporate Grants

$816,790

Government Grants and Contracts

580,858

Patient Service Revenue

557,480

Hearing Aid Sales

384,870

Special Events Income, Net of Direct Donor Benefit

275,841

Contributions - Operational

70,408

Other Income

47,651

Interest Income

34,995

Net Realized and Unrealized Losses on Investments

(34,811)

Total Income

$2,734,082

Program Expenses  

Program Services

$2,208,109
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Expenses in Excess of Income

2,208,109
192,245
514,789

$2,915,143

$(181,061)




Uses of Funds as a % of Total Expenses


Programs: 76%  Fund Raising: 7%  Administrative 18% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $4,907,646
Ending net assets 4,726,585
Total liabilities 1,068,760

Total assets

$5,795,345






 

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.