Overview
What is Waterman Communities Foundation Inc?
Waterman Communities Foundation Inc, a nonprofit based in Mount Dora, Florida, is dedicated to enhancing the living experiences of the elderly residing in Waterman Communities, a 501(c)3 organization. The foundation achieves this by securing financial support and recruiting individuals to make commitments towards their cause. Their mission is to raise funds to support the elderly residents, enabling them to lead fulfilling lives within the community. The foundation's activities encompass providing resources for housing, healthcare, and various other services.
Official website here: www.watermanvillage.com/gifts
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Waterman Communities Foundation Inc has achieved a Three-Star rating, reflecting a solid Accountability & Finance score of 83%. This rating indicates a strong commitment to transparency and effective financial management, as the overall score is derived solely from this domain. The foundation boasts a 100% independent board, which enhances its governance practices.
The organization demonstrates high accountability, with no material diversion of assets noted and a commendable program expense ratio of 95.85%, indicating that a significant portion of its funds directly supports its programs. Additionally, it has policies in place for conflict of interest and maintains proper documentation of board meeting minutes, showcasing its dedication to operational integrity.
However, the foundation lacks a whistleblower policy and a document retention and destruction policy, both of which are areas for potential improvement. Addressing these omissions could further enhance the foundation's governance framework and public trust. Overall, the Waterman Communities Foundation Inc shows a strong performance in financial accountability, with room for growth in certain administrative policies.
This AI summary has been generated from information found on Charity Navigator.
Is Waterman Communities Foundation Inc legitimate?
Waterman Communities Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waterman Communities Foundation Inc 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.watermanvillage.com/gifts
What is the mission statement of Waterman Communities Foundation Inc?
The Waterman Communities Foundation Inc's mission is to support Waterman Communities, a 501(c)3 non-profit organization providing housing, healthcare, and other services to the elderly. The foundation's goal is to enhance the quality of care and services provided to residents, patients, staff, and the community. They achieve this by securing financial support and recruiting individuals to make a financial commitment to the foundation. The organization aims to raise funds to help support the residents of Waterman Communities, enabling them to lead full and active lives, thereby enabling them to continue living their best lives.
Official website here: www.watermanvillage.com/gifts
Who is the CEO of Waterman Communities Foundation Inc?
Jodie Mcewen is the Liaison of Waterman Communities Foundation Inc.
Official website here: www.watermanvillage.com/gifts
What is the revenue of Waterman Communities Foundation Inc?
Waterman Communities Foundation Inc's revenue in 2021 was $17,272.
Official website here: www.watermanvillage.com/gifts
Who are the executives of Waterman Communities Foundation Inc and what are their salaries?
There 5 volunteers at Waterman Communities Foundation Inc.
Here are 8 key members and their salaries:
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Official website here: www.watermanvillage.com/gifts
Where can I find the form 990 for Waterman Communities Foundation Inc?
Waterman Communities Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.watermanvillage.com/gifts
Learn more at the official website: www.watermanvillage.com/gifts
Mission Statement of Waterman Communities Foundation Inc
Waterman Communities Foundation Inc is committed to supporting Waterman Communities, a 501(c)3 non-profit organization that provides housing, healthcare, and various services to the elderly. The mission of Waterman Communities Foundation Inc, in its own words, is to provide financial support and recruit individuals to make a financial commitment to their foundation. Their ultimate goal is to enhance the quality of care and services provided to the residents, patients, staff, and community within Waterman Communities. By raising funds, the foundation aims to help the elderly residents of Waterman Communities live a full and active life, enabling them to continue leading their best lives.
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Impact
August, 2024
Waterman Communities Foundation Inc's impact revolves around enhancing the quality of empowering care and services provided to the elderly residents, patients, staff, and the community. By securing financial support and recruiting individuals to make a financial commitment, the foundation aims to raise money to help support the residents of Waterman Communities, enabling them to live full and active lives. This ensures that the elderly individuals continue to live their best lives, receiving housing, healthcare, and other essential services provided by Waterman Communities, Inc.
This information is meant to be a general summary of Waterman Communities Foundation Inc. 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 2021.
- Investment Income: $2,933
- Gross Receipts: $64,722
Assets and Liabilities:
- Total Assets: $81,500
- Total Liabilities: $0
- Net Assets: $81,500
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Organization Details
Founding Year
2001
Principal Officer
Jodie Mcewen
Main Address
250 BROOKFIELD AVENUE, MOUNT DORA, FL, 32757
NTEE Category
Code: P12 - Human services
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