Overview
What is Fountain House Housing Development Fund Co Inc?
Fountain House Housing Development Fund Co Inc is a nonprofit organization based in New York City, specifically at 425 West 47th Street, New York, NY 10036. Their primary mission is to provide housing for individuals living with mental illness. They operate a 27-unit apartment facility located at 347 West 37th Street in Manhattan, New York. This housing initiative aims to provide a supportive living environment for those struggling with mental illness, offering them a place to call home.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Fountain House Housing Development Fund Co Inc has achieved a high rating of 94%, reflecting its strong performance in accountability and finance. This score is significant as it indicates the organization's commitment to transparency and responsible fiscal management, which are critical factors for donors and stakeholders. The organization demonstrates a high level of independent governance with 100% of its board members being independent.
The organization has also established robust policies that enhance its operational integrity, including conflict of interest and whistleblower policies. The absence of any material diversion of assets and a perfect program expense ratio suggest that funds are being utilized effectively for their intended purposes, further solidifying trust among supporters and beneficiaries alike.
While the data highlights numerous strengths, it does not provide qualitative insights into the specific programs or services offered by Fountain House. Therefore, while the financial health appears strong, potential donors may seek additional information about the impact and outcomes of the organization's initiatives to make an informed decision.
This AI summary has been generated from information found on Charity Navigator.
Is Fountain House Housing Development Fund Co Inc legitimate?
Fountain House Housing Development Fund Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fountain House Housing Development Fund Co 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: $0
For more financial information, click here
What is the mission statement of Fountain House Housing Development Fund Co Inc?
The mission of Fountain House Housing Development Fund Co Inc is focused on providing housing solutions for individuals living with mental illness. This organization strives to create and maintain living environments that support and empower these individuals, enabling them to lead fulfilling lives. They operate a housing facility, although specific details about the location are not provided in the information given. Additionally, the organization plays a crucial role in providing housing for those who need it most, contributing significantly to the well-being of the community.
Who is the CEO of Fountain House Housing Development Fund Co Inc?
Kenneth Zimmerman is the Ceo (As Of 09/2022) of Fountain House Housing Development Fund Co Inc. The CEO's salary of Fountain House Housing Development Fund Co Inc is $0 and their total compensation is $123,846.
What is the revenue of Fountain House Housing Development Fund Co Inc?
Fountain House Housing Development Fund Co Inc's revenue in 2022 was $0.
Who are the executives of Fountain House Housing Development Fund Co Inc and what are their salaries?
There 3 volunteers at Fountain House Housing Development Fund Co Inc.
Here are 6 key members and their salaries (Fountain House Housing Development Fund Co Inc's CEO's salary is $0 and their total compensation is $123,846):
- Compensation: $0
- Related: $302,491
- Other: $18,899
- Compensation: $0
- Related: $243,737
- Other: $26,663
- Compensation: $0
- Related: $123,846
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Fountain House Housing Development Fund Co Inc?
Fountain House Housing Development Fund Co Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fountain House Housing Development Fund Co Inc
Fountain House Housing Development Fund Co Inc, a nonprofit organization, is dedicated to providing housing solutions for individuals living with mental illness. The primary mission of this organization is to offer housing to those in need, aiming to create a supportive environment where they can live independently and receive the care they require. Operating a 27-unit apartment facility, Fountain House Housing Development Fund Co Inc has been instrumental in providing safe and comfortable living spaces for those affected by mental illness. By offering housing, the organization helps to empower individuals to lead fulfilling lives, free from the barriers often associated with housing insecurity.
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Impact
June, 2024
Fountain House Housing Development Fund Co Inc's impact lies in its crucial mission of providing stable housing to individuals living with mental illness. By offering a safe and supportive living environment at their 27-unit apartment facility in Manhattan, New York, they directly address the pressing need for appropriate housing options for this vulnerable population. Through their dedicated efforts, Fountain House contributes to improving the quality of life and overall well-being of individuals grappling with mental health challenges, thereby fostering a more inclusive and compassionate community.
This information is meant to be a general summary of Fountain House Housing Development Fund Co 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.
Assets and Liabilities:
- Total Assets: $859,057
- Total Liabilities: $0
- Net Assets: $859,057
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Organization Details
Founding Year
1979
Phone
(212) 582-0340Principal Officer
Kenneth Zimmerman
Main Address
425 WEST 47TH STREET, NEW YORK, NY, 10036
NTEE Category
Code: F33Z - Mental health
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