Overview
What is Highlands Resident Assistance Fund?
The Highlands Resident Assistance Fund is a charitable initiative based in Topsham, Maine, specifically located at 30 Governors Way. Its primary mission is to extend financial aid to the residents of The Highlands retirement community, who may be struggling to cover some or all of their housing and healthcare expenses at the facility. This support aims to ensure that these individuals can continue to reside in and receive necessary care at The Highlands, thereby maintaining their wellbeing and quality of life. The Fund's activities align with its mission, as demonstrated by its provision of financial assistance to eligible residents in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (50%)
The Highlands Resident Assistance Fund has received a low rating of one star, reflecting significant concerns regarding its governance and transparency practices. The score primarily hinges on its Accountability & Finance metrics, where it scored only 50%. Key issues include a complete lack of independent board members and missing essential policies related to conflict of interest, whistleblower, and document retention.
Despite these governance shortcomings, the organization does demonstrate a strong commitment to its mission, with a program expense ratio of 77.31%, indicating that a substantial portion of its funds are directed towards programs rather than administrative costs. However, the absence of critical transparency measures, such as publicly available board meeting minutes and the nonprofit's tax form on its website, detracts from its overall reliability.
In summary, while the Highlands Resident Assistance Fund allocates a significant amount of its resources to its programs, it faces notable challenges in accountability and transparency that may raise concerns for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Highlands Resident Assistance Fund legitimate?
Highlands Resident Assistance Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Highlands Resident Assistance Fund 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.
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What is the mission statement of Highlands Resident Assistance Fund?
The Highlands Resident Assistance Fund's mission is to offer financial aid to individuals residing in The Highlands retirement community, who face challenges in meeting their housing and healthcare expenses due to financial constraints. The fund's primary objective is to help such residents pay some or all of the costs associated with these services at the facility. The assistance provided by the fund aims to ensure that residents can maintain their residency and access necessary healthcare without financial strain. The organization's activities involve distributing funds to eligible residents, thus alleviating their financial burden and allowing them to continue living with dignity.
Who is the CEO of Highlands Resident Assistance Fund?
Gordon Brigham is the President of Highlands Resident Assistance Fund.
What is the revenue of Highlands Resident Assistance Fund?
Highlands Resident Assistance Fund's revenue in 2022 was $87,775.
Who are the executives of Highlands Resident Assistance Fund and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Highlands Resident Assistance Fund?
Highlands Resident Assistance Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Highlands Resident Assistance Fund
The Highlands Resident Assistance Fund is a nonprofit organization with a mission to extend financial aid to residents residing at The Highlands retirement community. Situated in an unspecified location, this philanthropic entity is dedicated to assisting individuals who find themselves financially challenged, preventing them from fully covering their housing and healthcare expenses at the retirement facility. By providing this essential support, the Highlands Resident Assistance Fund plays a crucial role in ensuring that all residents can maintain their quality of life without undue financial burden. The fund's activities involve utilizing its resources to offer financial assistance to eligible residents, thereby enabling them to meet their financial obligations related to housing and healthcare at the facility.
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Impact
October, 2024
The Highlands Resident Assistance Fund has a significant impact on the lives of residents in The Highlands retirement community in Topsham, ME. By providing financial assistance, it alleviates the burden of housing and healthcare costs for those who may struggle to afford these essential services. This support enables residents to maintain their quality of life and access necessary care, ensuring they can continue to live in a community that fosters independence and well-being. The fund plays a crucial role in promoting dignity and security for individuals, allowing them to age gracefully without the fear of financial instability.
This information is meant to be a general summary of Highlands Resident Assistance Fund. 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: $26,707
- Gross Receipts: $202,807
Assets and Liabilities:
- Total Assets: $1,424,632
- Total Liabilities: $0
- Net Assets: $1,424,632
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Organization Details
Phone
(207) 373-3808Principal Officer
Gordon Brigham
Main Address
30 Governors Way, Topsham, ME, 04086
NTEE Category
Code: P81 - Human services
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