Center For Rapid Recovery Inc

EIN: 113246332 501(c)(3) Community Improvement

Hempstead, NY

Total Revenue
$3,285,783
Total Expenses
$3,232,375
Total Assets
$2,680,587
Net Assets
$1,373,428
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
NY
Phone
5162926449
Tax Period
2023-01-01 to 2023-12-31

Center For Rapid Recovery Inc, founded in 1994, is a community nonprofit in the Community Improvement sector that reported $3.3M in total revenue in fiscal year 2023.

Mission

The over-arching goal of CRR is to utilize its unique position as a minority-governed organization is to reduce racial bias, increase the cultural intelligence of practitioners, and foster an organizational climate and operational structure that supports, enhances and maintains the growth of cultural competence across healthcare and other domains. CRR embraces the provision of culturally competent care and programming that address disparities and gaps in health outcomes. Ultimately our objective is to promote more comprehensive recognition of how people from different cultures communicate, behave, interpret the behavior of others, problem-solving; and make use of that recognition to provide and improve treatment for racial and ethnic minorities on Long Island, NY and surrounding boroughs.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,013,146
Program Service Revenue $2,272,637
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,285,783

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,261,793
Fundraising Expenses $0
Program Expenses $2,476,018
Other Expenses $970,582
TOTAL EXPENSES $3,232,375

Year-over-Year Comparison

2023 2022 Change
Revenue $3,285,783 $3,194,933 +0.0%
Expenses $3,232,375 $3,395,706 0.0%
Net Income $53,408 $-200,773 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
51
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$273,193
Total Directors
7
$273,193
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Renee D Charles PhD President & CEO 40.00
Officer Director
$243,504 $29,689 $273,193
Durraine Dunn nurse 40.00
$111,535 $166 $111,701
Cassandra Woods COO 35.00
$100,920 $8,337 $109,257
Lillian Dent Secretary 5.00
Officer Director
$0 $0 $0
Rhonda Johnson Director 5.00
Director
$0 $0 $0
Carol Walker Treasurer 5.00
Officer Director
$0 $0 $0
Jedan Phillips Director 5.00
Director
$0 $0 $0
Veronica J Johnson Director 5.00
Director
$0 $0 $0
Deloris McQueen Director 5.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $3,285,783 $3,232,375 $2,680,587 $53,408
2022 $3,194,933 $3,395,706 $2,799,184 $-200,773
2021 $3,733,401 $3,364,218 $3,220,475 $369,183
2020 $2,800,984 $2,717,882 $2,908,850 $83,102
2019 $2,659,141 $2,588,516 $2,668,454 $70,625
2018 $2,826,542 $2,802,830 $2,769,397 $23,712
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