Overview
What is Resources For Enhanced Active Living Nfp?
Resources for Enhanced Active Living Nfp is a charitable organization with a primary focus on promoting affordable housing for individuals with low income. They accomplish this mission by making financial contributions to eligible nonprofit organizations, as well as investing in necessary equipment for their residents and developing housing complexes specifically designed for the elderly. The organization's activities are exclusively centered around charitable purposes, as outlined in the Internal Revenue Code section 501(c)(3).
What are the reviews and ratings of this charity?
Charity Navigator Rating: 40%, Zero-Star out of Four Star rating
Resources For Enhanced Active Living Nfp has received a low score of 40% from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. This rating is based solely on the Accountability & Finance beacon. While the organization has achieved full marks in areas such as having a majority of independent board members and no material diversion of assets, it falls short in essential aspects like its whistleblower and document retention policies.
The charity's program expense ratio is particularly concerning, with only 6.55% of its expenses directed towards program services, which raises questions about its effectiveness in fulfilling its mission. The lack of a whistleblower policy and missing documentation related to retention further highlight potential governance issues that could affect the charity's credibility and trust among donors.
Overall, while Resources For Enhanced Active Living Nfp demonstrates some strong governance elements, the significant gaps in essential policies and low program spending warrant caution for potential donors. It's crucial for the organization to address these deficiencies to improve its financial health and operational transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Resources For Enhanced Active Living Nfp legitimate?
Resources For Enhanced Active Living Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Resources For Enhanced Active Living Nfp 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 Resources For Enhanced Active Living Nfp?
Resources for Enhanced Active Living NFP is organized primarily for charitable purposes, with a focus on fostering low-income housing and making distributions to qualifying exempt organizations under Section 501(c)(3) of the Internal Revenue Code or its future equivalents. The organization's mission involves providing support to these organizations and developing housing for the elderly, often by purchasing necessary equipment for the residents.
Who is the CEO of Resources For Enhanced Active Living Nfp?
Cheryl Smith is the Trustee/Dire of Resources For Enhanced Active Living Nfp.
What is the revenue of Resources For Enhanced Active Living Nfp?
Resources For Enhanced Active Living Nfp's revenue in 2023 was $768.
Who are the executives of Resources For Enhanced Active Living Nfp and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Resources For Enhanced Active Living Nfp?
Resources For Enhanced Active Living Nfp's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Resources For Enhanced Active Living Nfp
Resources for Enhanced Active Living NFP, as per its charitable purpose, is dedicated to fostering low-income housing and distributing funds to organizations that fall under the 501(c)(3) exemption of the Internal Revenue Service. This nonprofit organization's mission involves providing resources for enhancing the living conditions of individuals with limited financial means. To achieve this, Resources for Enhanced Active Living NFP invests in purchasing necessary equipment for its residents and also focuses on developing housing specifically designed for the elderly. This commitment to charitable causes and support for exempt organizations, as well as its dedication to improving living conditions, reflects the organization's overall mission of uplifting communities and promoting a better quality of life for its constituents.
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Impact
October, 2024
Resources For Enhanced Active Living Nfp significantly impacts its community by promoting affordable housing options for low-income individuals, thereby addressing a critical need in the area. By developing housing for seniors and vulnerable populations, it ensures that those who are often overlooked have access to safe and secure living conditions.
Additionally, through purchasing essential equipment for residents, the organization enhances the quality of life for individuals, fostering independence and well-being. Its commitment to making distributions to other qualifying organizations under the 501(c)(3) tax code further amplifies its impact, allowing for a broader reach in charitable activities that support various community needs.
Overall, its focus on housing and well-being plays a vital role in improving the living conditions of those it serves, helping to create a more inclusive and supportive environment in New Baden, IL.
This information is meant to be a general summary of Resources For Enhanced Active Living Nfp. 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 2023.
- Gross Receipts: $768
Assets and Liabilities:
- Total Assets: $14,120
- Total Liabilities: $0
- Net Assets: $14,120
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Organization Details
Founding Year
2005
Phone
(618) 588-2066Principal Officer
Cheryl Smith
Main Address
300 E ILLINOIS, NEW BADEN, IL, 62265
NTEE Category
Code: P20 - Human services
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