NORTHEAST BUSINESS GROUP ON HEALTH INC

EIN: 133156952 501(c)(3)

NEW YORK, NY

Total Revenue
$2,541,763
Total Expenses
$2,464,202
Total Assets
$2,678,675
Net Assets
$1,579,402
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
NY
Principal Officer
KIM THIBOLDEAUX
Phone
2122527440
Tax Period
2024-01-01 to 2024-12-31

NORTHEAST BUSINESS GROUP ON HEALTH INC, founded in 1983, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $2.5M left a modest 3% surplus.

Mission

EMPOWERING OUR MEMBERS TO DRIVE EXCELLENCE AND ACHIEVE THE HIGHEST VALUE IN HEALTHCARE DELIVERY AND THE CONSUMER EXPERIENCE.

Program Service Accomplishments

Program 1
Expenses: $833,676 Revenue: $982,096

EDUCATIONAL SERVICES: SEMINARS ON HEALTH CARE ISSUES.

Program 2
Expenses: $820,289 Revenue: $966,305

DUES ARE FOR MEMBERSHIP/MEMBER SERVICES, PROJECTS, EDUCATION AND PROGRAMS.

Program 3
Expenses: $106,112 Revenue: $125,000

MOTHER CABRINI ADDRESSING MENTAL HEALTH: TOTAL FUNDING: $125K; RECOGNIZED $125K IN 2024.FOR YEARS, NEW YORKERS HAVE FACED A GROWING MENTAL HEALTH AND SUBSTANCE USE CRISIS, STRUGGLING TO FIND TIMELY...

Read more

MOTHER CABRINI ADDRESSING MENTAL HEALTH: TOTAL FUNDING: $125K; RECOGNIZED $125K IN 2024.FOR YEARS, NEW YORKERS HAVE FACED A GROWING MENTAL HEALTH AND SUBSTANCE USE CRISIS, STRUGGLING TO FIND TIMELY, AFFORDABLE CARE - ESPECIALLY FOR THEIR CHILDREN. EVEN WHEN HELP IS AVAILABLE, THE COSTS ARE OFTEN PROHIBITIVE, WITH OUT-OF-NETWORK BEHAVIORAL HEALTH SERVICES REACHING $450-$800 PER HOUR, CREATING A TWO-TIERED SYSTEM THAT LEAVES LOW- AND MODERATE-INCOME FAMILIES BEHIND. THE COVID-19 PANDEMIC HAS INTENSIFIED MENTAL HEALTH CHALLENGES, PARTICULARLY FOR CHILDREN AND TEENS, WHOSE DEVELOPMENT AND WELL-BEING WERE DISRUPTED BY ISOLATION AND STRESS. DEPRESSION, ANXIETY, AND SUICIDAL THOUGHTS ARE INCREASINGLY COMMON AMONG YOUNG PEOPLE, WITH LGBTQ+ YOUTH EXPERIENCING THE GREATEST DISPARITIES IN ACCESS TO CARE AND SUPPORT. ALARMING STATISTICS SHOW RISING RATES OF MENTAL ILLNESS, SUICIDE IDEATION, AND ATTEMPTS AMONG ADOLESCENTS AND YOUNG ADULTS, MAKING EARLY INTERVENTION AND FAMILY-INCLUSIVE SUPPORT CRITICAL. MENTAL HEALTH STRUGGLES IMPACT NOT ONLY INDIVIDUALS BUT ALSO ENTIRE HOUSEHOLDS, AFFECTING HOW EMPLOYEES SHOW UP AT WORK. TO ADDRESS THIS, NEBGH IS COMMITTED TO RAISING AWARENESS, REDUCING STIGMA, AND ENSURING EQUITABLE ACCESS TO QUALITY CARE THROUGH CAMPAIGNS, EDUCATIONAL RESOURCES, CONFERENCES, WEBINARS, AND PARTNERSHIPS WITH EMPLOYERS, HEALTH SYSTEMS, AND COMMUNITY ORGANIZATIONS - ALL AIMED AT PREVENTING SUICIDE AND IMPROVING MENTAL HEALTH OUTCOMES ACROSS ALL POPULATIONS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $220,697
Program Service Revenue $2,277,151
Investment Income $70,494
Other Revenue $-26,579
TOTAL REVENUE $2,541,763

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,701,617
Fundraising Expenses $0
Program Expenses $1,933,038
Other Expenses $762,585
TOTAL EXPENSES $2,464,202

Year-over-Year Comparison

2024 2023 Change
Revenue $2,541,763 $2,300,337 +0.1%
Expenses $2,464,202 $2,380,424 +0.0%
Net Income $77,561 $-80,087 -2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
22
Independent Members
22
Employees
12
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
4
$0
Total Directors
22
$0
Key Employees
2
$544,149
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFREY H BECKER ESQ SECRETARY 0.00
Officer Director
$0 $0 $0
CHRISTOPHER KIM BOARD OF DIRECTORS 0.00
Director
$0 $0 $0
MATIAS ARIAS-DUVAL TREASURER 0.00
Officer Director
$0 $0 $0
SANDI STEIN CHAIR 0.00
Officer Director
$0 $0 $0
LATRICIA PARKER BOARD OF DIRECTORS 0.00
Director
$0 $0 $0
JESSICA PAIK BOARD OF DIRECTORS 0.00
Director
$0 $0 $0
JARED LEWIS BOARD OF DIRECTORS 0.00
Director
$0 $0 $0
GREGG NEVOLA BOARD OF DIRECTORS 0.00
Director
$0 $0 $0
NIYUM GANDHI BOARD OF DIRECTORS 0.00
Director
$0 $0 $0
DANIELLE SHANES BOARD OF DIRECTORS 0.00
Director
$0 $0 $0
CLAIRE LEVITT BOARD OF DIRECTORS 0.00
Director
$0 $0 $0
SHARI GOLDFARB BOARD OF DIRECTORS 0.00
Director
$0 $0 $0
KATHLEEN HARRIS BOARD OF DIRECTORS 0.00
Director
$0 $0 $0
WILLIAM E GOLD PHD BOARD OF DIRECTORS 0.00
Director
$0 $0 $0
STEVEN A FIRST BOARD OF DIRECTORS 0.00
Director
$0 $0 $0
RICHARD ALLEN BOARD OF DIRECTORS 0.00
Director
$0 $0 $0
MARCO DIAZ VICE CHAIR 0.00
Officer Director
$0 $0 $0
MICHELLE MARTIN BOARD OF DIRECTORS 0.00
Director
$0 $0 $0
MICHAEL RENDEL BOARD OF DIRECTORS 0.00
Director
$0 $0 $0
DONNA REY BOARD OF DIRECTORS 0.00
Director
$0 $0 $0
LAURA YOUNG BOARD OF DIRECTORS 0.00
Director
$0 $0 $0
CYNTHIA WILLIAMSON BOARD OF DIRECTORS 0.00
Director
$0 $0 $0
CANDICE SHERMAN CHIEF EXECUTIVE OFFICER 40.00
Key Emp
$245,626 $119 $245,745
KIM THIBOLDEAUX CHIEF EXECUTIVE OFFICER 40.00
Key Emp
$290,000 $8,404 $298,404
JEANETTE FUENTE VP, PROGRAMS AND CONFERENC 40.00
Highest
$173,457 $664 $174,121
AMY STANGLER SENIOR PROJECT DIRECTOR 40.00
Highest
$117,784 $0 $117,784
COURTNEY WILSON-MYERS DIRECTOR OF OPERATIONS 40.00
Highest
$199,370 $664 $200,034
JANERA GASTON VP, PROGRAMS AND CONFERENC 40.00
Highest
$165,457 $9,168 $174,625
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 $2,541,763 $2,464,202 $2,678,675 $77,561
2023 $2,300,337 $2,380,424 $3,019,982 $-80,087
2022 $2,324,112 $2,114,448 $2,746,070 $209,664
2021 $2,187,232 $2,073,217 $2,773,628 $114,015
2021 $2,187,232 $2,073,217 $2,773,628 $114,015
2020 $2,214,812 $2,044,346 $2,340,228 $170,466
2019 $2,399,544 $2,335,425 $2,242,531 $64,119
2018 $2,504,929 $2,323,888 $2,111,708 $181,041
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare NORTHEAST BUSINESS GROUP ON HEALTH INC with other nonprofits in New York and across the country.