Newark Aids Consortium Inc
- Assets
- $5.1m
- Revenue
- $11.1m
- Investments
- $0.0
- Employees
- 78
- Location
- Newark, NJ
- Founding
- 01/1990
- Data as of
- 12/2021
- EIN
- 22-2903536
Organization Overview
Newark Aids Consortium Inc is located in Newark, NJ. The organization was established in 1990. According to its NTEE Classification (G81) the organization is classified as: AIDS, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, Newark Aids Consortium Inc employed 78 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newark Aids Consortium 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, Newark Aids Consortium Inc generated $11.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $10.4m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 7 years. 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
PROVIDE CARE TO HIV/AIDS PATIENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
NURSING HOME AND OTHER HEALTH CARE SERVICES ARE PROVIDED TO PATIENTS AFFLICTED WITH THE HIV/AIDS VIRUS IN A 78 BED NURSING FACILITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Gonzalesmphlnha President & CEO | OfficerTrustee | 40 | $400,000 |
Reza Goco Don | Officer | 40 | $155,500 |
William Cassidy PHD Vice Chairperson | Trustee | 1 | $0 |
Erin Marsland Director Of Finance | Trustee | 1 | $0 |
Robert Iannaccone Uhnj Executive Vice President | Trustee | 1 | $0 |
Anthony Ammiano Chair,treasurer And CFO | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Premier Home Health Care Services Cna Contract | 12/30/21 | $466,815 |
Horizon Blue Cross Insurance | 12/30/21 | $336,320 |
Allied Universal Dietary Services | 12/30/21 | $260,979 |
Ems Llc Maintenance Contract | 12/30/21 | $574,911 |
Bds Holdings Llc Nursing Contract | 12/30/21 | $456,323 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $404,952 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $414,952 |
| Total Program Service Revenue | $9,931,981 |
| Investment income | $19,854 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,116,969 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $4,336,218 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $381,241 |
| Payroll taxes | $370,376 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $54,174 |
| Fees for services: Accounting | $79,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $290,298 |
| Advertising and promotion | $52,136 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $470,123 |
| Travel | $10,481 |
| 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 | $191,843 |
| Insurance | $164,841 |
| All other expenses | $1,967,317 |
| Total functional expenses | $10,411,722 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,496,718 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $176,111 |
| Accounts receivable, net | $1,663,743 |
| 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 | $118,023 |
| Net Land, buildings, and equipment | $1,460,298 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $196,125 |
| Total assets | $5,111,018 |
| Accounts payable and accrued expenses | $1,255,300 |
| Grants payable | $0 |
| Deferred revenue | $58,691 |
| 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 | $14,382 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $43,112 |
| Total liabilities | $1,371,485 |
| Net assets without donor restrictions | $3,739,533 |
| 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 | $5,111,018 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Newark Aids Consortium Inc has recieved totaling $10,005.
| Awarding Organization | Amount |
|---|---|
Hyde And Watson Foundation Warren Township, NJ PURPOSE: PURCHASE OF FURNISHINGS. | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aids Care Group Chester, PA | $22,286,127 | $51,683,726 |
Aids Service Center Of Lower Manhattan Inc New York, NY | $15,500,592 | $43,831,351 |
Housing Works Health Services Iii Inc Brooklyn, NY | $47,891,694 | $44,924,434 |
Harlem United Community Aids Center Inc New York, NY | $53,342,771 | $31,540,574 |
Gay Mens Health Crisis Inc New York, NY | $73,477,445 | $23,759,626 |
Bailey House Inc Brooklyn, NY | $20,273,331 | $22,079,551 |
Aids Center Of Queens County Inc Jamaica, NY | $6,581,564 | $17,125,242 |
North Jersey Aids Alliance Inc Newark, NJ | $5,716,202 | $18,403,792 |
Action Wellness Philadelphia, PA | $6,892,725 | $16,798,193 |
Saint Michaels Clinics Inc Newark, NJ | $11,523,091 | $17,751,208 |
Apicha Community Health Center New York, NY | $26,630,788 | $18,847,158 |
Elton John Aids Foundation Inc New York, NY | $18,332,459 | $8,532,376 |