Overview
What is Tedford Housing?
Tedford Housing is a compassionate nonprofit organization based in Brunswick, Maine. Their primary mission is to offer emergency shelter to homeless adults and families in the Midcoast region, operating on a first-come, first-served basis. They maintain two facilities: a 16-bed single adult shelter at 49 Cumberland Street and a family shelter at 34 Federal Street, which can house up to six families with children at a time. These shelters provide a safe haven for individuals in crisis, enabling them to rebuild their hope and work with case managers to secure permanent housing. Tedford Housing's dedicated team follows shelter guests even after they move into housing, ensuring they can maintain their new homes and avoid returning to homelessness. During fiscal year 2022, the organization provided 10,058 bednights to 74 households, with 55 individuals staying at the adult shelter and 19 families with 58 members staying at the family shelter. Overall, Tedford Housing works tirelessly to empower people to transition from homelessness to stable housing.
Official website here: www.tedfordhousing.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 93% (Four-Star out of Four Star rating)
Tedford Housing has achieved a commendable Four-Star rating from Charity Navigator, indicating strong overall performance in both accountability and financial management, as well as impact measurement. The organization scored particularly well in impact measurement, earning a perfect score of 100, which reflects its effective programs and positive outcomes for the community it serves.
In terms of financial health, Tedford Housing has a program expense ratio of 77.09%, demonstrating that a significant portion of its funding directly supports its programs. Additionally, the fundraising efficiency ratio is favorable at $0.08, indicating that the organization operates efficiently in its fundraising efforts. The working capital ratio of 1.75 years suggests that the nonprofit maintains a robust financial cushion.
Despite these strengths, it's important to note that the charity provides a night of shelter for individuals earning less than 200% of the Fair Market Rent, which may limit accessibility for some. Overall, Tedford Housing appears to be a well-managed nonprofit that prioritizes its mission and delivers measurable impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Tedford Housing legitimate?
Tedford Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tedford Housing submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $91,615
Professional Fundraising Fees: $0
Other Salaries and Wages: $607,267
For more financial information, click here
Official website here: www.tedfordhousing.org
What is the mission statement of Tedford Housing?
Tedford Housing's mission is centered around helping individuals and families overcome homelessness. The organization strives to empower people, enabling them to transition from homelessness to a stable living situation. Tedford Housing provides emergency shelter on a first-come, first-served basis, offering safe accommodations for homeless adults and families for 365 days a year. The shelter guests work closely with case managers to secure permanent housing, and post-placement, these case managers continue to support them to prevent a return to homelessness. The shelter services provided by Tedford Housing offer a critical lifeline, providing a safe space for individuals and families to rebuild their hope and regain their footing towards a more stable future.
Official website here: www.tedfordhousing.org
Who is the CEO of Tedford Housing?
Rota Knott is the Treasurer of Tedford Housing.
Official website here: www.tedfordhousing.org
What is the revenue of Tedford Housing?
Tedford Housing's revenue in 2022 was $1,692,245.
Official website here: www.tedfordhousing.org
Who are the executives of Tedford Housing and what are their salaries?
The average compensation at Tedford Housing during 2022 was $36,783. There are 19 employees and 125 volunteers at Tedford Housing.
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Official website here: www.tedfordhousing.org
Where can I find the form 990 for Tedford Housing?
Tedford Housing's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tedfordhousing.org
Learn more at the official website: www.tedfordhousing.org
Mission Statement of Tedford Housing
Tedford Housing, a nonprofit organization, is dedicated to empowering individuals and families to transition from homelessness to stable housing. Their mission encompasses providing emergency homeless shelter, supportive housing, and prevention services to those in need within their community. The emergency shelter services offered by Tedford Housing operate on a first-come, first-served basis, 365 days a year. The organization maintains two facilities: a 16-bed adult shelter and a family shelter that can house up to six families with children at a time. These shelters provide a safe haven for individuals and families facing homelessness, offering them a chance to rebuild their lives. The shelter guests work closely with case managers to secure permanent housing, and the case managers continue to support them post-housing to ensure they can maintain their new living situation and avoid a return to homelessness. The adult shelter has 24-hour staffing, making Tedford Housing the only shelter serving the southern Midcoast area. In fiscal year 2022, Tedford Housing provided 10,058 bednights to 74 households, with 55 individuals staying at the adult shelter and 19 households, comprising 58 members, at the family shelter.
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Impact
July, 2024
Tedford Housing's impact is significant in providing shelter to homeless individuals and families in the Midcoast region. Operating emergency shelters on a first-come/first-served basis 365 days a year, Tedford Housing offers a safe place for people experiencing homelessness to rebuild hope. They work closely with shelter guests facing homelessness, providing one-on-one support to help them find and secure housing. Additionally, Tedford Housing follows up with individuals and families even after they transition to housing to ensure they can maintain their homes and prevent a return to homelessness.
During the fiscal year 2022, Tedford Housing provided 10,058 bednights to 74 households in the Brunswick area. With 55 individuals staying at the adult shelter and 19 households, totaling 58 members, at the family shelter, Tedford Housing served 27 children under the age of 18. This demonstrates the organization's commitment to addressing homelessness and supporting vulnerable individuals and families in the Southern Midcoast area.
This information is meant to be a general summary of Tedford Housing. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $9,421
- Program Service Revenue: $440,804
- Gross Receipts: $1,692,245
Assets and Liabilities:
- Total Assets: $6,234,793
- Total Liabilities: $3,938,735
- Net Assets: $2,296,058
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$374,595
FOUNDATION GRANTS
Revenue
$65,209
ARC CONTRACTS
Revenue
$1,000
Organization Details
Founding Year
1988
Phone
(207) 729-1161Principal Officer
Rota Knott
Main Address
PO BOX 958, BRUNSWICK, ME, 04011
Website
www.tedfordhousing.orgNTEE Category
Code: L41 - Housing
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