Overview
What is The Homestead Inc Of Nantucket?
The Homestead Inc of Nantucket is a nonprofit organization located in Nantucket, Massachusetts, specifically at 115 Main Street. Their primary mission is to provide living accommodations and care for the elderly residents of the community, offering them a home in their later years. With a dedicated team of nine employees, they strive to ensure the well-being and comfort of the elderly, providing them with room and board in a suitable environment.
Is The Homestead Inc Of Nantucket legitimate?
The Homestead Inc Of Nantucket is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Homestead Inc Of Nantucket 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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Other Salaries and Wages: $366,077
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What is the mission statement of The Homestead Inc Of Nantucket?
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Who is the CEO of The Homestead Inc Of Nantucket?
John Stackpole is the Treasurer of The Homestead Inc Of Nantucket.
What is the revenue of The Homestead Inc Of Nantucket?
The Homestead Inc Of Nantucket's revenue in 2023 was $449,376.
Who are the executives of The Homestead Inc Of Nantucket and what are their salaries?
The average compensation at The Homestead Inc Of Nantucket during 2023 was $40,675. There are 9 employees at The Homestead Inc Of Nantucket.
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Where can I find the form 990 for The Homestead Inc Of Nantucket?
The Homestead Inc Of Nantucket's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Homestead Inc Of Nantucket
The Homestead Inc of Nantucket is dedicated to providing a residential facility for the elderly community. This nonprofit organization offers room and board services in a home for the aged, aiming to cater to the needs of the elderly residents. By providing a safe and comfortable living environment, The Homestead Inc of Nantucket contributes to the well-being of its elderly residents, ensuring they have a stable and supportive living situation.
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Impact
October, 2024
The Homestead Inc Of Nantucket significantly enhances the quality of life for elderly residents in the community by providing essential room and board in a supportive home environment. This organization plays a vital role in ensuring that older adults have a safe, nurturing place to live, which is crucial for their well-being. By offering accommodations tailored to the needs of the aged, The Homestead fosters a sense of community, companionship, and dignity among its residents.
In Nantucket, where access to resources can be challenging, The Homestead serves as an important lifeline, helping seniors maintain their independence while receiving the care and support they require. The impact extends beyond just housing; it promotes social interaction, mental health, and overall wellness, crucial factors for aging individuals. The organization addresses the specific needs of its residents, contributing to a more inclusive and compassionate community for everyone.
This information is meant to be a general summary of The Homestead Inc Of Nantucket. 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 2023.
- Investment Income: $42,482
- Program Service Revenue: $257,568
- Gross Receipts: $558,466
Assets and Liabilities:
- Total Assets: $5,705,954
- Total Liabilities: $6,816
- Net Assets: $5,699,138
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOM AND BOARD
Revenue
$257,568
Organization Details
Founding Year
1919
Phone
(508) 228-1135Principal Officer
John Stackpole
Main Address
115 MAIN STREET, NANTUCKET, MA, 02554
NTEE Category
Code: P75 - Human services
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