Overview
What is Dwelling Place Foundation?
The Dwelling Place Foundation, situated in Grand Rapids, Michigan, serves as a financial supporter for Dwelling Place of Grand Rapids NPHC and related nonprofit affiliates. Their operations have been bolstered by contributions received from Dwelling Place of Grand Rapids NPHC, enabling them to make distributions in the coming years from investment income. The foundation continues to actively solicit donations from external sources to enhance their program funding. Their primary mission is to support these affiliated nonprofits, contributing to their collective efforts and initiatives.
Official website here: www.dwellingplacegr.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 47% (Zero-Star out of Four Star rating)
The Dwelling Place Foundation has received a low overall rating of 47% from Charity Navigator, which indicates significant concerns in its accountability and financial practices. The organization has scored particularly poorly in areas such as its program expense ratio, which stands at 0.00%. This suggests that little to no funds are being allocated towards its programs, raising questions about the effectiveness of its operations.
However, the foundation does demonstrate some strengths in governance, with a majority of independent board members and a comprehensive conflict of interest policy in place. It has also been noted that there are no material diversions of assets reported, indicating a level of integrity in its financial management. Nevertheless, the low accountability score highlights critical areas that need improvement, particularly in financial transparency, as the tax form is not available on the nonprofit's website.
In summary, while the Dwelling Place Foundation has established certain governance measures, the lack of program expenses and overall financial transparency significantly detracts from its performance rating. Future efforts to enhance its financial reporting and program funding could help improve its standing and ensure that it is effectively fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Dwelling Place Foundation?
80% of 25 reviewers on Facebook recommend the Dwelling Place Foundation. Here is a summary of their reviews:
Many individuals express their positive experiences with the dedicated staff, highlighting their support and professionalism. Notably, particular staff members have been praised for their attentive service, contributing to a welcoming and effective environment.
Overall, the organization appears to be committed to its mission, and those who have engaged with it feel satisfied with the services provided. The feedback reflects a strong appreciation for the team members, suggesting that the nonprofit is succeeding in fostering meaningful connections within the community.
This AI summary has been generated from reviews found on Facebook.
Is Dwelling Place Foundation legitimate?
Dwelling Place Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dwelling Place Foundation 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
Official website here: www.dwellingplacegr.org
What is the mission statement of Dwelling Place Foundation?
The Dwelling Place Foundation's mission is centered around supporting the Dwelling Place of Grand Rapids NPHC and related nonprofit affiliates. Through contributions received and investments, the foundation has secured funding to distribute in upcoming years, primarily to support the programs of the Dwelling Place. The foundation continues to seek donations from external sources to enhance its program funding.
In simpler terms, the Dwelling Place Foundation's purpose is to assist and bolster the initiatives of the Dwelling Place of Grand Rapids NPHC and affiliated nonprofits. By accumulating funds through contributions and investments, the foundation aims to strengthen its capacity to aid these organizations in the near future. In addition, the foundation actively solicits donations from external sources to further expand its support for these programs.
Official website here: www.dwellingplacegr.org
Who is the CEO of Dwelling Place Foundation?
Jeremy Deroo is the President of Dwelling Place Foundation.
Official website here: www.dwellingplacegr.org
What is the revenue of Dwelling Place Foundation?
Dwelling Place Foundation's revenue in 2022 was -$37,769.
Official website here: www.dwellingplacegr.org
Who are the executives of Dwelling Place Foundation and what are their salaries?
There 2 volunteers at Dwelling Place Foundation.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $192,225
- Other: $17,811
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $166,564
- Other: $14,934
- Compensation: $0
- Related: $171,723
- Other: $14,758
- Compensation: $0
- Related: $91,132
- Other: $3,873
Official website here: www.dwellingplacegr.org
Where can I find the form 990 for Dwelling Place Foundation?
Dwelling Place Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dwellingplacegr.org
Learn more at the official website: www.dwellingplacegr.org
Mission Statement of Dwelling Place Foundation
The Dwelling Place Foundation's mission is centered around supporting Dwelling Place of Grand Rapids NPHC and related nonprofit affiliates. This support is primarily achieved through the funds received from Dwelling Place of Grand Rapids NPHC. These contributions have been substantial enough to generate sufficient income from investments, which the Foundation plans to distribute in the coming years to support Dwelling Place programs. Furthermore, the Foundation continues to solicit donations from external sources to expand its program funding. By doing so, the Dwelling Place Foundation aims to contribute significantly to the overall mission and objectives of the affiliated nonprofits.
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Impact
October, 2024
Dwelling Place Foundation significantly impacts the community by providing essential funding support for Dwelling Place of Grand Rapids and its affiliates. Contributions from Dwelling Place of Grand Rapids have resulted in a robust financial base, enabling the foundation to distribute resources from its investment income in the coming years. This financial support is crucial for sustaining and enhancing housing programs, ensuring that affordable living options remain accessible to those in need. By actively soliciting donations from external sources, the foundation aims to expand its program funding and broaden its reach, ultimately improving the quality of life for individuals and families in Grand Rapids, MI.
This information is meant to be a general summary of Dwelling Place Foundation. 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: -$37,807
- Gross Receipts: $597,413
Assets and Liabilities:
- Total Assets: $1,423,488
- Total Liabilities: $7,115
- Net Assets: $1,416,373
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Organization Details
Founding Year
2004
Phone
(616) 454-0928Principal Officer
Jeremy Deroo
Main Address
101 SHELDON BLVD SE STE 2, GRAND RAPIDS, MI, 495034262
Website
www.dwellingplacegr.orgNTEE Category
Code: L112 - Housing
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