Overview
What is Hearth Beacon Inc?
Hearth Beacon Inc is a compassionate nonprofit organization located in Boston, Massachusetts. Their mission is to eradicate homelessness among the elderly, providing a supportive living environment for nine units of housing. The organization prides itself on a blend of prevention, placement, and housing programs, all designed to help elderly individuals secure and thrive in their own homes. This is achieved through a range of services, tailored to address the unique medical, mental health, and social needs of each resident. The approach at Hearth Beacon Inc is rooted in respect and a desire to foster the highest potential for both residents and staff.
Official website here: www.hearth-home.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating
Hearth Beacon Inc has received a solid score of 82%, reflecting a commitment to accountability and finance. The rating is derived from a comprehensive analysis of governance practices, with a particular emphasis on the integrity of its board structure, which consists entirely of independent members. This strong governance is underscored by perfect scores in several areas, including the presence of a conflict of interest policy and whistleblower protections.
The organization showcases effective financial practices, with an impressive program expense ratio of 84.73%. This indicates that a significant majority of the charity’s resources are allocated directly towards programs rather than administrative costs, which is a positive sign for potential donors. Additionally, the charity maintains transparency by listing its website on its tax form and providing accessible board meeting minutes.
Despite the strong ratings and governance, it is important for potential supporters to consider the single focus of the rating on accountability and finance. No additional performance metrics were provided, which could offer further insights into the charity's overall impact and effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Hearth Beacon Inc?
100% of 5 reviewers on Facebook recommend Hearth Beacon Inc. Here is a summary of their reviews:
The overwhelming sentiment reflects a deep appreciation for the work that Hearth Beacon Inc. is doing. One reviewer highlighted the grave societal challenges the nonprofit addresses, emphasizing the importance of their loving care and support.
Overall, it’s clear that people are not only satisfied but genuinely supportive of the mission of Hearth Beacon Inc., recognizing its vital role in the community. Their alignment with the needs of those they serve resonates positively with reviewers.
This AI summary has been generated from reviews found on Facebook.
Is Hearth Beacon Inc legitimate?
Hearth Beacon Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hearth Beacon 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,061
For more financial information, click here
Official website here: www.hearth-home.org
What is the mission statement of Hearth Beacon Inc?
Hearth Beacon Inc's mission is centered around eliminating homelessness among the elderly. They accomplish this through a blend of prevention, placement, and housing programs, aiming to help seniors secure and thrive in homes tailored to their needs. The supportive services offered are designed to enable elders to age with dignity, regardless of their medical, mental health, or social requirements. Respect for elders and staff, with the goal of realizing their full potential, is key to achieving these objectives. The organization operates nine housing units specifically for formerly homeless elders.
Official website here: www.hearth-home.org
Who is the CEO of Hearth Beacon Inc?
Mark D Hinderlie is the President & Ceo of Hearth Beacon Inc. The CEO's salary of Hearth Beacon Inc is $0 and their total compensation is $170,123.
Official website here: www.hearth-home.org
What is the revenue of Hearth Beacon Inc?
Hearth Beacon Inc's revenue in 2021 was $145,132.
Official website here: www.hearth-home.org
Who are the executives of Hearth Beacon Inc and what are their salaries?
There 24 volunteers at Hearth Beacon Inc.
Here are 28 key members and their salaries (Hearth Beacon Inc's CEO's salary is $0 and their total compensation is $170,123):
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- Related: $169,096
- Other: $1,027
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- Related: $122,819
- Other: $6,235
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- Related: $100,888
- Other: $12,063
- Compensation: $0
- Related: $101,313
- Other: $5,517
Official website here: www.hearth-home.org
Where can I find the form 990 for Hearth Beacon Inc?
Hearth Beacon Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.hearth-home.org
Learn more at the official website: www.hearth-home.org
Mission Statement of Hearth Beacon Inc
Hearth Beacon Inc, a dedicated organization, is committed to eradicating homelessness among the elderly. They achieve this mission through a unique blend of prevention, placement, and housing programs. These programs are designed to assist elders in finding and thriving in homes of their own. The housing provided by Hearth Beacon Inc is supported by a creative array of services that cater to the residents' special medical, mental health, or social needs. This approach enables elders to age with dignity, regardless of their unique requirements. The organization's mission is best accomplished through respect for elders and staff, with the shared goal of helping both parties reach their highest potential.
At the heart of Hearth Beacon Inc's mission is the operation of nine units of housing for formerly homeless elders. These units serve as sanctuaries, providing not only a place to live but also necessary support services. The goal is to help elders regain their independence and dignity, enabling them to age comfortably. The organization's approach is grounded in respect for elders and staff, fostering an environment where both can grow and thrive.
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Impact
October, 2024
Hearth Beacon Inc plays a crucial role in addressing homelessness among the elderly population in Boston, Massachusetts. By operating nine specialized housing units, the organization provides a safe and stable environment for formerly homeless elders, allowing them to find dignity and security in their living situations.
Through a combination of prevention, placement, and housing initiatives, Hearth Beacon Inc effectively assists older adults in transitioning to independent living. The supportive services offered are tailored to meet the unique medical, mental health, and social needs of each resident, ensuring that they can thrive in their new homes. This comprehensive approach not only helps prevent homelessness but also fosters a sense of community and belonging among residents.
By emphasizing respect and empowerment for both elders and staff, Hearth Beacon Inc cultivates an environment where everyone can achieve their highest potential. The organization's commitment to helping seniors maintain their dignity and independence significantly impacts the lives of vulnerable individuals, contributing to a broader effort to combat homelessness in the elderly population.
This information is meant to be a general summary of Hearth Beacon 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: $100
- Program Service Revenue: $145,032
- Gross Receipts: $145,132
Assets and Liabilities:
- Total Assets: $944,884
- Total Liabilities: $1,557,232
- Net Assets: -$612,348
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL FEES
Revenue
$145,032
Organization Details
Founding Year
1993
Phone
(617) 369-1550Principal Officer
Mark D Hinderlie
Main Address
1640 WASHINGTON STREET, BOSTON, MA, 02118
Website
www.hearth-home.orgNTEE Category
Code: L20Z - Housing
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