Overview
What is Bethany Home Foundation Inc?
Bethany Home Foundation Inc is a nonprofit organization situated in Providence, Rhode Island, with an address at 111 South Angell Street. Their primary mission is to support the elderly by managing a 30-unit condominium retirement community. This community provides independent living for older adults, thereby serving as a supportive base for Bethany Home of Rhode Island, a 501(c)(3) nursing facility. The foundation's primary activity involves providing an independent living program for the elderly, aiming to enhance the quality of life for seniors and offer a sense of community.
Is Bethany Home Foundation Inc legitimate?
Bethany Home Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethany Home Foundation 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: $15,504
Professional Fundraising Fees: $0
Other Salaries and Wages: $162,765
For more financial information, click here
What is the mission statement of Bethany Home Foundation Inc?
The Bethany Home Foundation Inc's mission is centered around providing an independent living program for the elderly and offering support to Bethany Home of Rhode Island, a non-profit organization under Section 501(c)(3) of the Internal Revenue Code. To accomplish this, the foundation manages a 30-unit condominium retirement community home, catering to independent older adults. This initiative aims to empower elderly individuals to maintain their independence while benefiting from the support of a community setting.
Who is the CEO of Bethany Home Foundation Inc?
Stephanie Igoe is the Treasurer of Bethany Home Foundation Inc.
What is the revenue of Bethany Home Foundation Inc?
Bethany Home Foundation Inc's revenue in 2022 was $984,812.
Who are the executives of Bethany Home Foundation Inc and what are their salaries?
There 7 volunteers at Bethany Home Foundation Inc.
Here are 13 key members and their salaries:
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- Compensation: $14,492
- Related: $130,428
- Other: $10,119
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- Related: $145,169
- Other: $10,387
- Compensation: $0
- Related: $114,108
- Other: $9,550
Where can I find the form 990 for Bethany Home Foundation Inc?
Bethany Home Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bethany Home Foundation Inc
Bethany Home Foundation, a non-profit organization, is dedicated to providing an independent living program for the elderly. Its mission is twofold: to support Bethany Home of Rhode Island, a nursing facility recognized under Section 501(C)(3) of the Internal Revenue Code, and to manage a 30-unit condominium retirement community home for independent older adults. This retirement community serves as a sanctuary for elderly individuals, offering them an opportunity to maintain their independence while benefiting from a supportive community. By providing this service, Bethany Home Foundation contributes to the well-being and independence of the elderly population, thereby enhancing their quality of life.
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Impact
October, 2024
Bethany Home Foundation Inc significantly enhances the quality of life for elderly residents by providing an independent living program tailored to their needs. With a 30-unit condominium retirement community in Providence, Rhode Island, it fosters a supportive environment for independent older adults. Residents enjoy the benefits of a community designed for their lifestyle, promoting autonomy while ensuring access to necessary services.
By supporting Bethany Home of Rhode Island, a recognized nursing facility, the foundation ensures a continuum of care for residents, allowing those who may require additional assistance to transition seamlessly. This comprehensive approach not only addresses immediate living needs but also fosters social connections and a sense of belonging among residents, ultimately contributing to their well-being and overall happiness in their later years.
This information is meant to be a general summary of Bethany Home Foundation 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: $4,212
- Program Service Revenue: $980,600
- Gross Receipts: $984,812
Assets and Liabilities:
- Total Assets: $273,112
- Total Liabilities: $79,710
- Net Assets: $193,402
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMON FEES
Revenue
$492,710
APPRECIATION INCOME ON
Revenue
$486,690
PARKING FEES
Revenue
$1,200
Organization Details
Founding Year
1985
Phone
(401) 831-2870Principal Officer
Stephanie Igoe
Main Address
111 SOUTH ANGELL STREET, PROVIDENCE, RI, 02906
NTEE Category
Code: P75Z - Human services
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