Overview
What is Gaudenzia Foundation Inc?
Gaudenzia Foundation Inc, located at 106 West Main Street, Norristown, Pennsylvania, is a nonprofit organization dedicated to providing affordable housing solutions for its clients. The foundation raises funds for Gaudenzia, Inc., another organization, through various fundraising activities. Specifically, they run programs called Shannon House and Vantage, which aim to provide housing for their clients. While the specifics of these programs are not detailed, it's clear that the foundation's mission is centered around supporting those in need of housing.
Official website here: www.gaudenzia.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Gaudenzia Foundation Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its operations. The overall score of 60% reflects strong performance in areas related to culture and community, achieving a perfect score of 100. The organization shows a commitment to diversity and inclusion, as evidenced by its equity strategies and policies.
However, the foundation faces significant challenges regarding its financial management, as highlighted by a low program expense ratio of 5.58% and a concerning liabilities to assets ratio of 32.56%. These financial indicators suggest limited resources allocated to programs directly benefiting the community. While the foundation has robust governance practices, including a fully independent board and effective oversight mechanisms, addressing financial transparency and program funding will be crucial for its future success.
Overall, while Gaudenzia Foundation Inc excels in governance and commitment to equity, stakeholders should be aware of its financial limitations that may impact its mission effectiveness. Improvements in financial strategy and transparency could enhance its rating and overall impact in the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Gaudenzia Foundation Inc legitimate?
Gaudenzia Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gaudenzia 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $459,980
For more financial information, click here
Official website here: www.gaudenzia.org
What is the mission statement of Gaudenzia Foundation Inc?
The Gaudenzia Foundation Inc is committed to raising funds to support Gaudenzia, Inc., with a focus on providing affordable housing for their clients. Specifically, programs such as Shannon House and Vantage aim to provide housing for clients in need. In essence, the foundation's mission is centered around gathering contributions and conducting fundraising activities to aid Gaudenzia, Inc. in its mission.
Official website here: www.gaudenzia.org
Who is the CEO of Gaudenzia Foundation Inc?
Dale Klatzker is the Principal Officer of Gaudenzia Foundation Inc.
Official website here: www.gaudenzia.org
What is the revenue of Gaudenzia Foundation Inc?
Gaudenzia Foundation Inc's revenue in 2022 was $7,203,044.
Official website here: www.gaudenzia.org
Who are the executives of Gaudenzia Foundation Inc and what are their salaries?
There 14 volunteers at Gaudenzia Foundation Inc.
Here are 17 key members and their salaries:
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- Related: $159,148
- Other: $26,961
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- Related: $127,436
- Other: $19,209
Official website here: www.gaudenzia.org
Where can I find the form 990 for Gaudenzia Foundation Inc?
Gaudenzia Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gaudenzia.org
Learn more at the official website: www.gaudenzia.org
Mission Statement of Gaudenzia Foundation Inc
The Gaudenzia Foundation Inc, a dedicated organization, focuses on raising funds to support Gaudenzia, Inc. Their mission is centered around gathering contributions and performing various fundraising activities. By doing so, they aim to provide essential support to their cause.
In addition to their fundraising efforts, the Gaudenzia Foundation Inc also manages housing programs that offer affordable accommodations. Notable among these are the Shannon House and Vantage Programs, which are designed to provide housing solutions for their clients. These programs operate with the goal of offering a haven for those in need, ensuring they have a safe and affordable place to call home.
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Impact
June, 2024
Gaudenzia Foundation Inc's impact is profound in providing affordable housing through its Shannon House and Vantage programs. By supporting Gaudenzia Inc., the organization directly contributes to the improvement of mental health services for individuals in need. This impact extends beyond the city of Norristown, PA, reaching those who require mental health support and affordable housing assistance.
This information is meant to be a general summary of Gaudenzia 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: $11,581
- Program Service Revenue: $34,126
- Gross Receipts: $7,218,251
Assets and Liabilities:
- Total Assets: $69,385,092
- Total Liabilities: $21,864,686
- Net Assets: $47,520,406
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GAUDENZIA VANTAGE PROGRAMS
Revenue
$34,126
Organization Details
Founding Year
1978
Phone
(610) 239-9600Principal Officer
Dale Klatzker
Main Address
106 WEST MAIN STREET, NORRISTOWN, PA, 194014716
Website
www.gaudenzia.orgNTEE Category
Code: F12 - Mental health
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