Northside Shares Help Inc

The information for Northside Shares Help Inc is as of the organization's most recent filing in December '21. This organization is located in Atlanta, GA. It has been in existence for 39 years, following its founding in 1982.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Northside Shares Help Inc's NTEE code is Z99. Unfortunately, the major and minor classifications for this organization are unknown at this time. The NTEE code description states that Z99 is a temporary code for organizations until more information is available to classify them into major groups A through Y. The organization is classified under section 3 of the Internal Revenue Code, which includes Religious, Educational, Charitable, Scientific, Literary, Testing for Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals Organizations. The mission of Northside Shares Help Inc is to provide assistance to Northside employees in financial crisis.

Program Areas

Northside Shares Help, Inc. ("Shares Help") is an organization that primarily receives contributions from employees and retirees of Northside Hospital, Inc. The organization then distributes the proceeds to needy Northside Hospital employees and retirees. Emergency aid is provided to individuals who are in dire financial need as a result of an emergency. To qualify for aid, applicants must demonstrate that their available financial resources are insufficient to provide basic necessities of life. Applications for emergency aid are reviewed for eligibility by the Shares Help coordinator, and the selection committee, comprised of Northside employees and retirees, votes on each application. The committee may conduct necessary investigations to verify the information provided. All decisions made by the selection committee are final.

Board Governance

Northside Shares Help Inc appears to have a relatively small governing body, with only three voting members. However, the organization does not have any independent members, which may raise concerns about potential conflicts of interest. It is important for non-profit organizations to have independent members on their board to ensure impartial decision-making and avoid any potential conflicts that may arise. Despite the lack of independent members, Northside Shares Help Inc demonstrates good governance practices in several areas. The organization has documented board and committee meetings, indicating a commitment to transparency and accountability. Additionally, the presence of a conflict of interest policy and a whistleblower policy suggests that the organization is proactive in addressing potential ethical issues and ensuring the well-being of its stakeholders. Furthermore, Northside Shares Help Inc has implemented a document retention policy, which is crucial for maintaining accurate records and complying with legal requirements. However, it is worth noting that the organization does not substantiate or review leadership salaries, which may raise concerns about financial oversight and accountability. Overall, while Northside Shares Help Inc demonstrates some positive governance practices, such as documented meetings and the presence of policies, there are areas where improvements could be made, such as adding independent members to the board and reviewing leadership salaries. These steps would further enhance the organization's governance and ensure its long-term success in serving its mission.

Organization Growth

Northside Shares Help Inc, a nonprofit organization, has experienced growth over the given time period. The contributions and grants received by the organization increased from $240.0K in 2015 to $483.1K in 2021. Similarly, the investment income grew from $236 in 2015 to $1.2K in 2021. The total revenue of the organization also increased from $240.2K in 2015 to $484.3K in 2021. Additionally, the grants paid by Northside Shares Help Inc increased from $147.8K in 2015 to $151.0K in 2021. Finally, the total expenses of the organization also increased from $147.8K in 2015 to $151.0K in 2021. Overall, based on the provided data, it can be concluded that Northside Shares Help Inc has grown over the given time period.