Star Of The Sea Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 112518728 ✦ Jamaica, NY ✦ Designated as a 501(c)(3)

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Overview

What is Star Of The Sea Inc?

Star of the Sea Inc is a nonprofit organization situated in Jamaica, New York. Their primary objective is to offer shelter and counseling services to individuals who are homeless or financially struggling. The organization's mission is centered around preventing homelessness, which it achieves through its home shelters and counseling services. Star of the Sea Inc's work extends beyond just providing temporary shelter, as they also strive to support their clients in overcoming their circumstances and securing stable housing.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 13%, Zero-Star out of Four Star rating. This rating indicates significant concerns regarding the accountability and financial practices of Star Of The Sea Inc, as it is based solely on accountability and finance metrics. A low score in this category suggests that the organization may not be effectively managing its resources or meeting transparency expectations.

The data reveals that Star Of The Sea Inc has major shortcomings in governance, including a lack of independent board members and missing essential policies, such as conflict of interest and whistleblower policies. The organization also scored poorly for not having its website listed on its tax forms and failing to post required documents, which raises concerns about its operational transparency.

Additionally, the financial ratios reflect inefficiencies, with a high liabilities to assets ratio and a low program expense ratio, indicating that a limited percentage of its expenditures are directed towards its actual programs. This combination of factors contributes to a concerning overall picture of the nonprofit's performance and governance practices, suggesting that potential donors should exercise caution.


This AI summary has been generated from information found on Charity Navigator.

Is Star Of The Sea Inc legitimate?

Star Of The Sea Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Star Of The Sea 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: $28,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Star Of The Sea Inc?

Star of the Sea Inc's mission is centered around providing support to homeless and low-income individuals. This non-profit organization aims to offer shelter and counseling services to help alleviate the hardships faced by these individuals. Moreover, Star of the Sea Inc is committed to preventing homelessness, working towards a future where everyone has a roof over their heads. The organization accomplishes this through various programs, including home shelters, aiming to provide a safe and supportive environment for those in need.

Who is the CEO of Star Of The Sea Inc?

Alice Ann Elkin is the Financial Secretary of Star Of The Sea Inc.

What is the revenue of Star Of The Sea Inc?

Star Of The Sea Inc's revenue in 2022 was $52,803.

Who are the executives of Star Of The Sea Inc and what are their salaries?

The average compensation at Star Of The Sea Inc during 2022 was $14,400. There are 2 employees at Star Of The Sea Inc.


Here are 2 key members and their salaries:


Alice Ann Elkin (Financial Secretary)
  • Compensation: $14,400
  • Related: $0
  • Other: $0
Laura Altman (Assoc Financial Officer)
  • Compensation: $14,400
  • Related: $0
  • Other: $0
Where can I find the form 990 for Star Of The Sea Inc?

Star Of The Sea Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Star Of The Sea Inc

Star of the Sea Inc, a nonprofit organization, is committed to providing shelter and counseling services to individuals who are homeless or of low income. Their mission is centered around preventing homelessness, extending a helping hand to those in need. Through their programs, they offer temporary housing and counseling services, aiming to assist these individuals in regaining their footing and stability in life. The organization's efforts are geared towards offering a supportive environment and guidance, ultimately working towards a future where homelessness is minimized.

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Impact




August, 2024

Star of the Sea Inc makes a significant impact by providing shelter and counseling services to homeless and low-income individuals. Through its programs, the organization aims to prevent homelessness and support those in need. These services play a crucial role in helping vulnerable individuals find stability and access resources to improve their situations. Star of the Sea Inc's efforts contribute to enhancing the quality of life for those facing housing insecurity and financial difficulties.




This information is meant to be a general summary of Star Of The Sea 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.

Revenue
$52,803 (2022)
Expenses
$69,652 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $18
  • Gross Receipts: $52,803

Assets and Liabilities:

  • Total Assets: $38,706
  • Total Liabilities: $372
  • Net Assets: $38,334

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Organization Details

Founding Year

1999

Principal Officer

Alice Ann Elkin

Main Address

146-01 Tuskegee Airmen Way, Jamaica, NY, 11435

NTEE Category

Code: Z99Z - Unknown

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