Ironbound Community Health Center Inc

Nonprofit profile at a glance

EIN
850829120
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Newark, NJ, USA
Phone
9736703434
Rating
80
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$693,238
Expenses
$943,497
Assets
$408,686
Liabilities
$508,863

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • NURIS RODRIGUEZ (CEO)

Highest reported compensation

  • NURIS RODRIGUEZ (CEO): $72,884 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

In 2024, we provided over 3025 clinic and behavioral health visits with onepractitioner and one mental health clinician. Over 80% of our patients thispast year were of Hispanic and Latino descent with almost 45% beinguninsured. Almost 50% live with chronic conditions such as diabetes andheart disease.HEC had been operating as a Department of Health and Human Services, HealthResources and Services Administration (HRSA) section 330 community healthcenter (CHC) having received $1 million dollars from HRSA for a ServiceArea Competition (SAC-AA) on 11/17/2020. As a new CHC from SAC-AA, theservice area was required to proceed through a SAC application process (FY2022 Service Area Announcement, HRSA-22-103) in the health center's firstyear of operation. HRSA's Objective Review Committee Final SummaryStatement scored our application with a raw score of 95, without thebenefit of additional priority points as a 1st year CHC. HEC was not fundedas it was determined another organization was awarded

What it reported doing in 2024

In 2024, we provided over 3025 clinic and behavioral health visits with onepractitioner and one mental health clinician. Over 80% of our patients thispast year were of Hispanic and Latino descent with almost 45% beinguninsured. Almost 50% live with chronic conditions such as diabetes andheart disease.HEC had been operating as a Department of Health and Human Services, HealthResources and Services Administration (HRSA) section 330 community healthcenter (CHC) having received $1 million dollars from HRSA for a ServiceArea Competition (SAC-AA) on 11/17/2020. As a new CHC from SAC-AA, theservice area was required to proceed through a SAC application process (FY2022 Service Area Announcement, HRSA-22-103) in the health center's firstyear of operation. HRSA's Objective Review Committee Final SummaryStatement scored our application with a raw score of 95, without thebenefit of additional priority points as a 1st year CHC. HEC was not fundedas it was determined another organization was awarded based on thosepriority points.We have many collaborative agreements with community-based organizationssuch as La Casa de Don Pedro and FOCUS as well as two substance useorganizations, Greater Essex Counseling Services and CURA. We have alsopartnered with Park Ave and Ridge Street elementary schools for primarycare and mental health services. We have an established agreement withRobert Wood Johnson - Clara Maass Medical Center for follow up andspecialty care. We are preparing to provide diabetes self-management andcardiovascular health services and education to patients in need ofimportant self-management skills. As you can see, we are committed toexecuting effective and evidence-based initiatives to improve chronicdisease symptoms and conditions in Newark and particularly in ourcommunities.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 94
  • Transparency & Controls: 82
  • Accountability: 58
  • Sustainability: 14
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 85.3%; rating input score 85
  • Fundraising efficiency: $205.75 raised per $1 spent on fundraising; rating input score 92; 92nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 8th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 0 of 8 controls in place; rating input score 0
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -36.1%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 0.43; rating input score 20; 20th percentile among comparable filings
  • Liabilities to assets ratio: 1.25; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 7.7%; rating input score 44; 44th percentile among comparable filings

Growth

  • Program expense growth: 22.1% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: 16.1% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: 29.7% per year; rating input score 100; 90th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 85.3% of spending went to programs
  • Governance: 10 of 10 board members independent · 0 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $805K in reported program spending
  • Leadership: top reported pay $73K · 11 people listed
  • Consistency: 23 of 24 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Governance controls: 7 of 7 not reported.
  • High — Sustainability: Operating margin scored 5/100.
  • Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
  • High — Sustainability: Total-asset coverage ratio scored 20/100.
  • High — Sustainability: Liabilities to assets ratio scored 4/100.
  • Moderate — Sustainability: Officer compensation ratio scored 44/100.