Overview
What is Finex House Inc?
Finex House Inc is a compassionate nonprofit organization situated in Jamaica Plain, Massachusetts. With a team of 20 dedicated individuals, their primary mission is to provide emergency shelter and comprehensive services to victims of domestic violence and their children. These services, known as the Shelter Plus Care Program, cater to individuals who may not be adequately served by existing provider networks. Finex House Inc ensures their facilities are wheelchair accessible, offering a safe haven with essential provisions such as shelter, food, clothing, support groups, case management, mental and medical healthcare, transportation, and employment opportunities. Their goal is to aid these individuals in overcoming the challenges they face as a result of domestic violence.
Official website here: www.finexhouse.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 98% (Four-Star out of Four Star rating)
Finex House Inc has achieved an impressive 98% rating from Charity Navigator, indicating a strong performance in both accountability and financial health. The organization boasts a high Impact & Measurement score of 100, reflecting its effective evaluation of programs and outcomes. With a program expense ratio of over 93%, it demonstrates a commitment to utilizing funds directly for its mission, which is providing shelter to those in need.
The nonprofit is governed by a fully independent board, enhancing its accountability and transparency. With 100% of board members independent and a robust audit and oversight process, Finex House Inc shows a strong commitment to ethical management and operational integrity. The presence of vital policies, such as conflict of interest and whistleblower protection, further supports its governance structure.
Despite these strengths, the organization serves a limited number of individuals, offering shelter for those at less than 200% of Fair Market Rent. This may indicate a focus on a specific target demographic, which could be seen as a limitation in terms of broader reach. Overall, Finex House Inc demonstrates a strong commitment to its mission with effective management practices and impressive financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Finex House Inc legitimate?
Finex House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Finex House 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: $104,417
Professional Fundraising Fees: $0
Other Salaries and Wages: $641,308
For more financial information, click here
Official website here: www.finexhouse.org
What is the mission statement of Finex House Inc?
Finex House Inc's mission is centered around providing support for victims of domestic violence and their children. The organization operates a Shelter Plus Care Program, which aims to extend aid to individuals who may not be fully covered by the existing provider network. This program offers wheelchair-accessible emergency shelter and comprehensive services. The primary objective is to provide a safe haven for battered women and their children, offering them the necessary resources and care to help them overcome their challenging circumstances.
Official website here: www.finexhouse.org
Who is the CEO of Finex House Inc?
Heather E Bello is the President of Finex House Inc.
Official website here: www.finexhouse.org
What is the revenue of Finex House Inc?
Finex House Inc's revenue in 2022 was $1,500,896.
Official website here: www.finexhouse.org
Who are the executives of Finex House Inc and what are their salaries?
The average compensation at Finex House Inc during 2022 was $37,286. There are 20 employees at Finex House Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $67,962
- Related: $0
- Other: $36,194
Official website here: www.finexhouse.org
Where can I find the form 990 for Finex House Inc?
Finex House Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.finexhouse.org
Learn more at the official website: www.finexhouse.org
Mission Statement of Finex House Inc
Finex House Inc, a nonprofit organization, is dedicated to providing comprehensive services for victims of domestic violence and their children who may not be catered to by existing service providers. Their mission, aptly named the Shelter Plus Care Program, is centered around offering wheelchair-accessible emergency shelter. This program is designed to support individuals and families who have fallen through the cracks of the existing provider network, ensuring they receive the necessary aid during challenging times. Finex House Inc goes beyond providing just shelter, offering a range of essential services to help these victims rebuild their lives and regain their independence. Their services extend to providing food, clothing, and other necessities, as well as offering support groups, crisis stabilization, case management, and access to medical and mental healthcare. The organization plays a significant role in empowering survivors of domestic violence, offering them transportation assistance and job opportunities, helping them to rebuild their lives with dignity and safety.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Finex House Inc plays a crucial role in the community by providing wheelchair-accessible emergency shelter and comprehensive services for victims of domestic violence and their children. Located in Jamaica Plain, Massachusetts, it addresses a vital gap in the existing provider network, ensuring that those who may have been overlooked or unsupported receive the help they need.
Through its Shelter Plus Care program, Finex House Inc not only offers immediate refuge for battered women and their children but also connects them to essential services that promote long-term recovery and stability. This inclusive approach not only empowers victims but also fosters a sense of safety and dignity, allowing individuals to rebuild their lives free from violence.
Overall, Finex House Inc significantly impacts the lives of vulnerable populations, providing necessary resources and a supportive environment for healing and growth.
This information is meant to be a general summary of Finex House 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: $41
- Gross Receipts: $1,500,896
Assets and Liabilities:
- Total Assets: $1,291,278
- Total Liabilities: $156,664
- Net Assets: $1,134,614
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1983
Phone
(617) 436-0831Principal Officer
Heather E Bello
Main Address
PO BOX 1154, JAMAICA PLAIN, MA, 02130
Website
www.finexhouse.orgNTEE Category
Code: P43Z - Human services
If you are a representative of Finex House Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.