Overview
What is Federation Homes Inc?
Federation Homes Inc, located in Weatogue, Connecticut, is a nonprofit organization with a compassionate mission. Established with the purpose of offering affordable housing for the elderly, Federation Homes aims to provide a safe, secure living space for its residents. The organization's goal is to promote independence and enhance the quality of life for its residents by offering a diverse range of educational, cultural, and social activities. With a dedicated team of four employees, Federation Homes strives to support its residents' desire to remain in the community for as long as possible, ensuring they have a nurturing environment.
Official website here: www.federationhomes.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
Federation Homes Inc has received a 77% rating from Charity Navigator, which reflects a strong emphasis on accountability and finance. The organization boasts a robust governance structure, with 92% of its board members being independent. This commitment to independent oversight is complemented by comprehensive financial practices, including a fully functional Audit and Oversight Committee.
The organization shows a commendable program expense ratio of 92.35%, indicating that a significant portion of its resources is directed towards its programs rather than administrative costs. Additionally, it has implemented several important policies, such as conflict of interest and whistleblower protections, contributing to a transparent operational framework.
While the overall score is derived solely from accountability and finance metrics, there is no mention of the effectiveness or impact of its programs. Users and stakeholders may seek insights into how the organization’s initiatives translate into tangible outcomes for the communities it serves, which can provide a more holistic view of its performance.
This AI summary has been generated from information found on Charity Navigator.
Is Federation Homes Inc legitimate?
Federation Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Federation Homes 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: $140,518
Professional Fundraising Fees: $0
Other Salaries and Wages: $300,003
For more financial information, click here
Official website here: www.federationhomes.org
What is the mission statement of Federation Homes Inc?
Federation Homes Inc's mission is centered around providing affordable housing for the elderly. The organization aims to go beyond just a place to live, striving to offer a secure and safe environment with dedicated staff. Their goal is to promote independence among residents while also enriching their quality of life. This is achieved through a diverse range of educational, cultural, and social activities and programs tailored to their residents. The mission of Federation Homes Inc is also to support the desire of their elderly residents to continue living in their community for as long as possible.
Official website here: www.federationhomes.org
Who is the CEO of Federation Homes Inc?
Jonathan E Reiner is the Principal Officer of Federation Homes Inc.
Official website here: www.federationhomes.org
What is the revenue of Federation Homes Inc?
Federation Homes Inc's revenue in 2022 was $1,948,509.
Official website here: www.federationhomes.org
Who are the executives of Federation Homes Inc and what are their salaries?
The average compensation at Federation Homes Inc during 2022 was $110,130. There are 4 employees at Federation Homes Inc.
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $127,505
- Related: $0
- Other: $14,400
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.federationhomes.org
Where can I find the form 990 for Federation Homes Inc?
Federation Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.federationhomes.org
Learn more at the official website: www.federationhomes.org
Mission Statement of Federation Homes Inc
Federation Homes Inc, an organization dedicated to providing affordable housing for the elderly, strives to achieve its mission in a holistic manner. The primary goal of Federation Homes is to provide its residents with a safe and secure living environment, equipped with supportive staff. Beyond just housing, the organization aims to foster independence among its residents. To achieve this, Federation Homes offers a diverse range of educational, cultural, and social activities and programs. These events are meticulously designed to enrich the quality of life for its residents, promoting a sense of community and engagement. The organization's mission extends beyond simply providing shelter; it aims to support its elderly residents' desire to continue living in their community for as long as possible.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Federation Homes Inc provides vital support to the elderly and handicapped by offering affordable housing facilities on a nonprofit basis. Their mission is to provide a safe and secure home with supportive staff, promote independence, and enhance the quality of life for residents through various activities and programs. By focusing on supporting residents' desire to remain in the community for as long as possible, Federation Homes Inc has a significant impact on improving the well-being and quality of life for vulnerable populations in Weatogue, CT.
This information is meant to be a general summary of Federation Homes 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 2022.
- Investment Income: $105
- Program Service Revenue: $500,281
- Gross Receipts: $1,948,509
Assets and Liabilities:
- Total Assets: $2,590,440
- Total Liabilities: $4,132,773
- Net Assets: -$1,542,333
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$500,281
Organization Details
Founding Year
1978
Phone
(860) 325-1700Principal Officer
Jonathan E Reiner
Main Address
CO VESTA 175 POWDER FOREST DR, WEATOGUE, CT, 06089
Website
www.federationhomes.orgNTEE Category
Code: L22 - Housing
If you are a representative of Federation Homes Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.