Overview
What is Project Share V Inc?
Project Share V Inc is a nonprofit organization based in Medford, New York, providing community residences for individuals with psychiatric disabilities. Their mission revolves around establishing, operating, and maintaining these residences to offer a supportive living environment for those affected. The organization's primary activity focuses on creating a comfortable and safe space for these individuals, aiming to improve their quality of life and overall well-being. Project Share V Inc's work extends beyond the provision of residences, as they strive to foster an inclusive community that promotes the growth and development of those they serve.
Official website here: www.concernhousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Project Share V Inc has achieved a high rating of 97% from Charity Navigator, indicating a strong level of accountability and financial health. This rating is derived solely from the Accountability & Finance beacon, showcasing the organization’s commitment to transparency and responsible management of resources.
Strengths of Project Share V Inc include a fully independent board, with all 10 members meeting independence criteria, which enhances governance practices. Additionally, the charity exhibits no material diversion of assets and maintains a favorable liabilities to assets ratio of 25.57%, suggesting solid financial stability. The organization also scores well on various policies, including conflict of interest, whistleblower protection, and document retention, which are essential for maintaining integrity and accountability.
While the data reflects strong financial practices, further insights into the charity's impact and program effectiveness would provide a more comprehensive view. However, the high program expense ratio of 78.73% indicates that a significant portion of its budget is directed towards programs, which is a positive aspect for potential donors. Overall, Project Share V Inc shows a commendable commitment to ethical practices and financial responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is Project Share V Inc legitimate?
Project Share V Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project Share V 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.concernhousing.org
What is the mission statement of Project Share V Inc?
Project Share V Inc's mission is centered around establishing, operating, and maintaining community residences for individuals dealing with psychiatric disabilities. By providing these living spaces, the organization aims to offer a supportive environment that caters to their unique needs, thereby enhancing their quality of life. The focus is on creating a community where these individuals can thrive and receive the care they require. The organization's activities extend beyond mere residence management, as they strive to foster an inclusive and nurturing environment for all residents.
Official website here: www.concernhousing.org
Who is the CEO of Project Share V Inc?
Ralph Fasano is the Executive Director of Project Share V Inc.
Official website here: www.concernhousing.org
What is the revenue of Project Share V Inc?
Project Share V Inc's revenue in 2022 was $137,209.
Official website here: www.concernhousing.org
Who are the executives of Project Share V Inc and what are their salaries?
There 50 volunteers at Project Share V Inc.
Here are 17 key members and their salaries:
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- Compensation: $432,667
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- Other: $48,613
- Compensation: $140,319
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- Other: $36,829
Official website here: www.concernhousing.org
Where can I find the form 990 for Project Share V Inc?
Project Share V Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.concernhousing.org
Learn more at the official website: www.concernhousing.org
Mission Statement of Project Share V Inc
Project Share V Inc, a community-based organization, is dedicated to establishing, operating, and maintaining residences for individuals with psychiatric disabilities. This nonprofit's mission is centered around providing a supportive living environment for these individuals, aiming to improve their quality of life and promote their overall well-being. Through its community residence program, Project Share V Inc offers a safe and nurturing space for those struggling with psychiatric disabilities, enabling them to live with dignity and independence. The organization's commitment to this cause is evident in its tireless efforts to provide stable housing solutions for this vulnerable population.
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Impact
June, 2024
Project Share V Inc has a profound impact on the community by providing essential support and resources to individuals with psychiatric disabilities. Through their community residence program, they establish, operate, and maintain residences that offer a safe and nurturing environment for those in need. By focusing on mental health and well-being, Project Share V Inc is making a significant difference in the lives of vulnerable individuals, empowering them to thrive and lead fulfilling lives.
This information is meant to be a general summary of Project Share V 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: $4
- Program Service Revenue: $41,496
- Gross Receipts: $137,209
Assets and Liabilities:
- Total Assets: $860,067
- Total Liabilities: $147,745
- Net Assets: $712,322
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL FEES
Revenue
$41,496
Organization Details
Founding Year
1997
Phone
(631) 758-0474Principal Officer
Ralph Fasano
Main Address
312 EXPRESSWAY DRIVE S, MEDFORD, NY, 11763
Website
www.concernhousing.orgNTEE Category
Code: F330 - Mental health
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