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CHARITY REVIEW
Issued: July 2024 Expires: July 2026

Bergen Volunteer Medical Initiative

Accredited Charity
Accredited Charity

Meets Standards
Accreditation seal
(201) 342-2478
75 Essex Street, Suite 100
Hackensack, NJ, 07601
https://bvmi.org/
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Bergen Volunteer Medical Initiative meets the 20 Standards for Charity Accountability.

Stated Purpose:
"to provide free primary medical care and, where possible, referrals to free specialty care for working, low-income Bergen County residents who have no health insurance."

Year, State Incorporated:
2005, NJ

Bergen Volunteer Medical Initiative (BVMI) reports it provides in-person and telehealth primary care and case management services to working, low-income, and uninsured Bergen County residents earning below 250% of the federal poverty guidelines. The organization states that it utilizes medical and community volunteers to provide free primary, urgent, chronic, preventive, and mental health care. BVMI also refers patients to other community services and free specialty care. In 2022, the organization reported it oversaw 6,935 patient visits, and referred 356 patients to 100 agency partners.

For the year ended December 31, 2023, Bergen Volunteer Medical Initiative's program expenses were:

Program services: $2,960,381

Total Program Expenses: $2,960,381

Chief Executive
Amanda Missey, President and Chief Executive Officer

Compensation*
$130,025

Chair of the Board
Michael G. Faust, MD

Chair's Profession / Business Affiliation
Physician, Valley Medical Group

Board Size
18

Paid Staff Size
34

*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio, Corporate solicitation

Fundraising costs were 13% of related contributions. (Related contributions, which totaled $3,236,004, are donations received as a result of fundraising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Bergen Volunteer Medical Initiative's audited financial statements for the year ended December 31, 2023.

Source of Funds
Contributions $1,655,629
Government grants $274,783
In-kind contributions $1,045,225
Special events, net $260,367
Miscellaneous income $61,337
Total Income $3,297,341

Programs: 80% Fundraising: 12% Administrative: 8%

Total Income $3,297,341
Total expenses: $3,697,055
  Program expenses $2,960,381
  Fundraising expenses $431,771
  Administrative expenses $304,903
  Other expenses $0
Income in Excess of Expenses $-399,714
Beginning Net Assets $2,972,222
Other Changes In Net Assets $0
Ending Net Assets $2,572,508
Total Liabilities $1,951,583
Total Assets $4,524,091

Note: According to the organization's 2023 audited financial statements, BVMI received in-kind contributions totaling $1,045,225 in the form of medical services ($427,425), medical supplies ($239,292), medical support ($172,810), software ($84,008), data analytics ($40,716), legal services ($26,364), marketing and events ($24,430), dues and subscriptions ($21,486), postage ($8,194), and other supporting services ($500).

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

RELATED CONTENT

Report completed by:
BBB Wise Giving Alliance