Overview
What is Pond Home Community Inc?
Pond Home Community Inc is a nonprofit organization situated in Wrentham, Massachusetts, specifically at 279 East Street. Their primary mission is to cater to the needs of the elderly population, offering both housing and supportive services. In addition, they provide a variety of recreational activities designed to enrich the lives of these individuals. By offering a nurturing environment with a focus on both physical and emotional well-being, Pond Home Community Inc aims to improve the quality of life for the elderly within its community.
Official website here: www.pondmeadow.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star rating
Pond Home Community Inc has achieved a Three-Star rating from Charity Navigator, reflecting a solid score primarily in the area of Accountability & Finance. This score suggests that the organization maintains a relatively strong financial management system, with a high percentage of its expenses allocated to programs.
The nonprofit boasts a fully independent board with a majority of members and demonstrates good practices in financial oversight. Notably, it has no material diversion of assets and has established conflict of interest and document retention policies, which are essential for transparency and governance.
However, the organization falls short in one area, lacking a whistleblower policy, which could be critical for ensuring accountability and protecting individuals who report misconduct. Additionally, the liabilities to assets ratio indicates a potential area of concern, as it is significantly higher than recommended. Overall, while Pond Home Community Inc shows strengths in many areas, these limitations could impact its long-term sustainability and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Pond Home Community Inc legitimate?
Pond Home Community Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pond Home Community 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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For more financial information, click here
Official website here: www.pondmeadow.org
What is the mission statement of Pond Home Community Inc?
Pond Home Community Inc's mission is centered around providing housing and supportive services to the elderly population. Their primary objective is to enhance the living conditions of the elderly by offering a variety of recreational activities. By doing so, they aim to improve the overall quality of life for the elderly individuals under their care. The organization is dedicated to ensuring that the elderly have access to necessary support services, fostering a sense of community and promoting their well-being.
Official website here: www.pondmeadow.org
What is the revenue of Pond Home Community Inc?
Pond Home Community Inc's revenue in 2023 was $1,171,879.
Official website here: www.pondmeadow.org
Who are the executives of Pond Home Community Inc and what are their salaries?
There 12 volunteers at Pond Home Community Inc.
Here are 11 key members and their salaries:
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Official website here: www.pondmeadow.org
Where can I find the form 990 for Pond Home Community Inc?
Pond Home Community Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.pondmeadow.org
Learn more at the official website: www.pondmeadow.org
Mission Statement of Pond Home Community Inc
Pond Home Community Inc, a nonprofit organization, is dedicated to serving the elderly population. Its mission is threefold: to provide housing, supportive services, and recreational activities for this demographic. By offering these services, the organization aims to enhance the quality of life for the elderly, providing them with a sense of security, companionship, and engagement. Through its housing facilities, Pond Home Community Inc offers a home where elderly individuals can reside comfortably, ensuring they have access to essential amenities and care. The supportive services offered by the organization cater to the unique needs of the elderly, helping them maintain their independence and well-being. Lastly, the recreational activities organized by Pond Home Community Inc foster social interaction and engagement among the elderly, promoting mental and physical health. In essence, the organization's mission is to create a supportive environment where the elderly can age with dignity and enjoy a fulfilling lifestyle.
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Impact
July, 2024
Pond Home Community Inc has a significant impact on the elderly population in Wrentham, MA by providing essential housing, supportive services, and recreational activities. Their mission is centered around improving the quality of life for elderly individuals through access to safe and comfortable housing, personalized support services, and engaging recreational opportunities. This organization plays a vital role in addressing the needs of the aging population in the community and promoting well-being among the elderly residents they serve.
This information is meant to be a general summary of Pond Home Community 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 2023.
- Investment Income: $75,719
- Program Service Revenue: $1,113,297
- Gross Receipts: $1,705,922
Assets and Liabilities:
- Total Assets: $9,065,475
- Total Liabilities: $17,714,769
- Net Assets: -$8,649,294
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT FEES
Revenue
$962,411
NET OCCUPANCY REVENUES
Revenue
$150,886
Organization Details
Founding Year
1998
Principal Officer
John Michelmore
Website
www.pondmeadow.orgNTEE Category
Code: L220 - Housing
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