Overview
What is Shared Horizons Inc?
Shared Horizons Inc, located in Washington D.C., is a reliable and prudent organization that serves as a custodian for the assets of individuals with disabilities. Established under the Omnibus Budget Reconciliation Act of 1993 (OBRA '93), Shared Horizons manages the Wesley Vinner Memorial Trust, enabling impoverished individuals with disabilities to make use of their assets without jeopardizing their public benefits. The trust offers fiduciary services, ensuring that disbursements adhere to Social Security and Medicaid programs and regulations. During the year, Shared Horizons assisted over 700 beneficiaries in enhancing their quality of life. The organization utilizes pooled and third-party trust vehicles to support the trust and meet the quality of life needs of its citizens with disabilities. With a dedicated workforce of ten employees, Shared Horizons continues to make a significant impact in supporting the well-being of individuals with disabilities.
Official website here: www.shared-horizons.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Shared Horizons Inc has received a Two-Star out of Four Star rating from Charity Navigator with a score of 72%. This indicates that while the organization shows some strengths, there are significant areas in need of improvement, particularly related to transparency and financial reporting, as indicated by the absence of financial statements and other key documents. The nonprofit has a fully independent board, demonstrating strong governance, yet it lacks crucial policies like whistleblower protection and document retention.
User feedback highlights a dichotomy in experiences with Shared Horizons Inc. While some reviews praise the organization for addressing concerns and providing support, others express significant dissatisfaction, particularly regarding customer service and responsiveness. A client reported frustrations over long delays in obtaining necessary dental assistance, suggesting that the organization may struggle with service efficiency and communication.
Overall, the reviews reflect a challenging environment for clients seeking timely help, alongside governance strengths that could be further bolstered by improved transparency and accountability measures. The mixed experiences described by users emphasize the need for Shared Horizons Inc to better address customer service issues to enhance its reputation and effectiveness.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Shared Horizons Inc legitimate?
Shared Horizons Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shared Horizons 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: $164,738
Professional Fundraising Fees: $0
Other Salaries and Wages: $556,611
For more financial information, click here
Official website here: www.shared-horizons.org
What is the mission statement of Shared Horizons Inc?
Shared Horizons Inc serves as a trusted and prudent custodian of assets, utilizing pooled and third-party trust vehicles. Their primary objective is to support the trust and quality of life needs of citizens with disabilities. By doing so, they aim to enhance the beneficiaries' lives without jeopardizing their eligibility for public benefits. Shared Horizons provides fiduciary services to impoverished individuals with disabilities, facilitating disbursements in accordance with Social Security and Medicaid programs and rules. They managed to assist over 700 beneficiaries during the year, ensuring their needs were met while adhering to relevant programs and regulations.
Official website here: www.shared-horizons.org
Who is the CEO of Shared Horizons Inc?
Yolanda Mazyck is the President of Shared Horizons Inc.
Official website here: www.shared-horizons.org
What is the revenue of Shared Horizons Inc?
Shared Horizons Inc's revenue in 2022 was $1,934,496.
Official website here: www.shared-horizons.org
Who are the executives of Shared Horizons Inc and what are their salaries?
The average compensation at Shared Horizons Inc during 2022 was $72,135. There are 10 employees and 11 volunteers at Shared Horizons Inc.
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- Compensation: $146,877
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- Other: $12,809
Official website here: www.shared-horizons.org
Where can I find the form 990 for Shared Horizons Inc?
Shared Horizons Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.shared-horizons.org
Learn more at the official website: www.shared-horizons.org
Mission Statement of Shared Horizons Inc
Shared Horizons Inc is committed to serving as a responsible and cautious steward of assets, utilizing pooled and third-party trust vehicles to meet the trust and quality of life needs of individuals with disabilities. The organization's mission is to manage the Wesley Vinner Memorial Trust in accordance with the OBRA '93, which offers an opportunity for economically disadvantaged individuals with disabilities to improve their quality of life without jeopardizing their public benefits. Shared Horizons Inc provides fiduciary services to these individuals, facilitating disbursements in compliance with Social Security and Medicaid programs and regulations. The trust served over 700 beneficiaries during the year, demonstrating its dedication to enhancing the lives of individuals with disabilities.
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Impact
August, 2024
Shared Horizons Inc plays a crucial role in enhancing the quality of life for citizens with disabilities through its management of assets and provision of fiduciary services. By meticulously navigating the complexities of social security and Medicaid programs, the organization enables over 700 beneficiaries to access vital resources without jeopardizing their public benefits. Shared Horizons Inc's commitment to being a trustworthy and prudent custodian of assets ensures that individuals with disabilities can leverage their assets to improve their quality of life, ultimately making a significant impact on the well-being of this vulnerable population.
This information is meant to be a general summary of Shared Horizons 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: $27,484
- Program Service Revenue: $815,367
- Gross Receipts: $1,934,496
Assets and Liabilities:
- Total Assets: $2,056,816
- Total Liabilities: $43,237
- Net Assets: $2,013,579
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL FEES
Revenue
$604,151
TRUST ADMINISTRATIVE F
Revenue
$148,664
ENROLLMENT FEES
Revenue
$62,552
Organization Details
Founding Year
2004
Phone
(202) 448-1460Principal Officer
Yolanda Mazyck
Main Address
4301 CONNECTICUT AVE NW 140, WASHINGTON, DC, 20008
Website
www.shared-horizons.orgNTEE Category
Code: P82 - Human services
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