Overview
What is Domus Incorporated?
Domus Incorporated is a nonprofit organization based in Westfield, Massachusetts, with an address at 4 School Street, 01085. The organization primarily focuses on providing support and housing to the homeless and low-income individuals, offering a comprehensive approach that includes education and training. Their mission is to provide a safe and stable environment for these individuals, helping them to rebuild their lives. With a workforce of 25 dedicated employees, Domus Incorporated aims to make a positive impact on the lives of those in need, offering essential resources and opportunities for a brighter future.
Official website here: www.domusinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
Domus Incorporated has achieved an 82% score, earning it a Three-Star rating from Charity Navigator. This score primarily reflects its strong performance in the Accountability & Finance category, demonstrating a commitment to transparency and responsible financial practices. The organization has 100% independent board members and maintains comprehensive oversight mechanisms, which contribute positively to its accountability score.
The strengths of Domus Incorporated lie in its governance structure and financial management. It has a well-composed board with no material diversions of assets, and it adheres to various policies such as conflict of interest and whistleblower protections. Additionally, the organization allocates a significant portion of its budget towards program expenses, indicating a strong focus on its mission.
However, there is a notable limitation in the organization’s liabilities to assets ratio, which stands at 68.86%. This could raise concerns about financial stability, as a higher ratio might suggest potential risks in managing obligations compared to assets. Overall, while Domus Incorporated shows commendable accountability and strong governance, stakeholders should be mindful of its financial leverage.
This AI summary has been generated from information found on Charity Navigator.
Is Domus Incorporated legitimate?
Domus Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Domus Incorporated 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: $70,993
Professional Fundraising Fees: $0
Other Salaries and Wages: $349,015
For more financial information, click here
Official website here: www.domusinc.org
What is the mission statement of Domus Incorporated?
Domus Incorporated's mission is centered around providing support and housing for individuals experiencing homelessness and those with low income. This organization goes beyond just providing shelter, offering educational and training programs to help them become self-sufficient. Their goal is to empower these individuals, ensuring they have the tools and resources necessary to improve their lives and maintain stability. Their services are designed to cater to the needs of the physically and mentally challenged as well, demonstrating their commitment to inclusivity and compassion.
Official website here: www.domusinc.org
Who is the CEO of Domus Incorporated?
Ann Lentini is the President of Domus Incorporated.
Official website here: www.domusinc.org
What is the revenue of Domus Incorporated?
Domus Incorporated's revenue in 2023 was $944,770.
Official website here: www.domusinc.org
Who are the executives of Domus Incorporated and what are their salaries?
The average compensation at Domus Incorporated during 2023 was $16,800. There are 25 employees at Domus Incorporated.
Here are 9 key members and their salaries:
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- Compensation: $70,993
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Official website here: www.domusinc.org
Where can I find the form 990 for Domus Incorporated?
Domus Incorporated's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.domusinc.org
Learn more at the official website: www.domusinc.org
Mission Statement of Domus Incorporated
Domus Incorporated, a nonprofit organization, is dedicated to providing support and housing for individuals who are homeless, low-income, or physically or mentally challenged. Their mission is multifaceted, encompassing not only the provision of shelter but also offering educational and training programs to help these individuals regain independence and stability.
In essence, Domus Incorporated serves as a beacon of hope for those in need, offering residential services designed to empower and uplift. By providing a safe and supportive environment, they offer not just a roof over their heads but also a platform for growth and self-improvement.
The organization's mission extends beyond basic needs, as they strive to equip their residents with the tools they need to rebuild their lives. This is achieved through various educational and training programs tailored to the unique needs of each individual, helping them to secure a brighter future.
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Impact
June, 2024
Domus Incorporated plays a critical role in providing support and housing for the homeless and low-income individuals in Westfield, MA. Their residential services cater to those who are homeless, low-income, and physically or mentally challenged, offering a safe and supportive environment for these vulnerable populations. By focusing on education and training, Domus Incorporated not only provides shelter but also empowers individuals to improve their circumstances and move towards a more stable and self-sufficient future. This holistic approach to addressing homelessness and poverty has a significant impact on the community, particularly in the realm of mental health support.
This information is meant to be a general summary of Domus Incorporated. 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: $20,216
- Program Service Revenue: $593,155
- Gross Receipts: $944,770
Assets and Liabilities:
- Total Assets: $6,867,486
- Total Liabilities: $4,729,248
- Net Assets: $2,138,238
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Low Income Housing
Revenue
$592,806
Education Programs
Revenue
$349
Organization Details
Founding Year
1982
Phone
(413) 568-4494Principal Officer
Ann Lentini
Main Address
4 School Street, Westfield, MA, 010854494
Website
www.domusinc.orgNTEE Category
Code: F34Z - Mental health
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