Overview
What is Help On The Way Inc?
Help On The Way Inc is a nonprofit organization situated in Bronx, New York. Their primary mission is to support adults with intellectual and developmental disabilities, enabling them to live independently in the community. They accomplish this by assisting with monthly housing costs and potentially covering additional expenses like utilities, water and sewer, and renter's insurance. The organization is committed to providing essential and high-quality services to individuals with developmental disabilities, aiming to enhance their lives and help them become active members of their community. With a dedicated team of 102 employees, Help On The Way Inc is dedicated to making a positive impact on the lives of those they serve.
Official website here: www.hotwny.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
Help On The Way Inc has received a commendable Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial management. The organization scored 83% in its overall rating, with a significant emphasis on financial practices, showcasing a robust commitment to transparency.
The nonprofit demonstrates strong governance, with 66% of its board members being independent, which supports impartial decision-making. Additionally, it has achieved full marks in several key areas such as its audit and oversight committee, conflict of interest policy, and whistleblower policy, highlighting its dedication to ethical practices and accountability.
However, while the organization excels in many areas, it has a liabilities to assets ratio of 58.18%, which suggests some financial leverage. The high program expense ratio of 88.82% indicates that a large portion of its expenditures directly supports its programs, which is a positive sign for donors looking for effective use of their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Help On The Way Inc legitimate?
Help On The Way Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Help On The Way 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: $288,207
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,806,050
For more financial information, click here
Official website here: www.hotwny.org
What is the mission statement of Help On The Way Inc?
Help on the Way Inc's mission is centered around enhancing the lives of individuals with intellectual and developmental disabilities. The organization strives to provide them with the necessary services to become active members of their community. Their primary activity involves offering essential and high-quality services to help adults with these disabilities live independently in their community, if possible. This assistance can extend to covering monthly housing costs, utilities, water and sewer, and renter's insurance, among other potential expenses. The ultimate goal is to empower these individuals to contribute positively to their communities.
Official website here: www.hotwny.org
Who is the CEO of Help On The Way Inc?
Theiborh Almanzar is the Vice President & Treasurer of Help On The Way Inc.
Official website here: www.hotwny.org
What is the revenue of Help On The Way Inc?
Help On The Way Inc's revenue in 2022 was $4,493,986.
Official website here: www.hotwny.org
Who are the executives of Help On The Way Inc and what are their salaries?
The average compensation at Help On The Way Inc during 2022 was $20,532. There are 102 employees at Help On The Way Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $26,700
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $45,781
- Related: $0
- Other: $0
- Compensation: $138,533
- Related: $0
- Other: $0
Official website here: www.hotwny.org
Where can I find the form 990 for Help On The Way Inc?
Help On The Way Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hotwny.org
Learn more at the official website: www.hotwny.org
Mission Statement of Help On The Way Inc
Help on the Way Inc, a nonprofit organization, is dedicated to enriching the lives of individuals with intellectual and developmental disabilities. Their mission is to empower these individuals, enabling them to become active and contributing members of their community. They achieve this by providing the essential services necessary for their growth and development.
In particular, Help on the Way Inc focuses on supporting adults with intellectual and developmental disabilities who wish to live independently in their community. They offer assistance with monthly housing costs, which may also extend to cover other expenses such as utilities, water and sewer, and renter's insurance. By providing this support, Help on the Way Inc enables these individuals to live with a degree of independence, contributing positively to their community.
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Impact
October, 2024
Help On The Way Inc significantly enhances the lives of individuals with intellectual and developmental disabilities by offering essential and high-quality services. The organization focuses on individual support, helping adults achieve independent living within their communities. By assisting with monthly housing costs and potentially covering additional expenses such as utilities, water, sewer, and renter’s insurance, Help On The Way Inc empowers its clients to maintain stable living conditions. This support not only promotes independence but also encourages integration into the community, allowing individuals to become contributing members of society. The impact is profound, as it fosters dignity, self-sufficiency, and a higher quality of life for those it serves in the Bronx, NY.
This information is meant to be a general summary of Help On The Way 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.
- Program Service Revenue: $3,231,582
- Gross Receipts: $4,493,986
Assets and Liabilities:
- Total Assets: $2,335,596
- Total Liabilities: $1,468,242
- Net Assets: $867,354
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$3,231,582
Organization Details
Founding Year
2006
Phone
(718) 484-7810Principal Officer
Theiborh Almanzar
Main Address
1344 SOUTHERN BLVD, BRONX, NY, 10459
Website
www.hotwny.orgNTEE Category
Code: P80 - Human services
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