Overview
What is Henrietta Foundation Inc?
Henrietta Foundation Inc is a nonprofit organization committed to offering housing solutions for the elderly. Located within its programs, the foundation provides service to 10 apartments, catering specifically to senior citizens and retirement communities. Their primary mission revolves around this housing aspect, ensuring a comfortable living environment for the elderly population.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (53%)
The Henrietta Foundation Inc has received a one-star rating from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. With an overall score of 53%, the foundation lacks independent board members, which raises questions about governance and oversight, receiving 0 out of 10 points for this category. Furthermore, essential policies such as conflict of interest and whistleblower protections are missing, which contributes to its low score in accountability.
Despite these shortcomings, the organization has shown a commitment to utilizing its funds effectively, with a program expense ratio of 76.40%. This indicates that a substantial portion of its expenditures supports its programs, a positive aspect in terms of mission alignment. However, the absence of a website and various required policies could undermine donor confidence and transparency.
In conclusion, while the Henrietta Foundation Inc demonstrates some strengths in program spending, the lack of independent governance and essential policies presents significant limitations that potential donors should consider. The foundation needs to enhance its accountability measures to improve its standing and assure stakeholders of its commitment to ethical practices.
This AI summary has been generated from information found on Charity Navigator.
Is Henrietta Foundation Inc legitimate?
Henrietta Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Henrietta 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: $0
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What is the mission statement of Henrietta Foundation Inc?
The Henrietta Foundation's mission is centered around providing housing solutions for the elderly. They accomplish this through various programs, which include managing 10 apartments designed for senior residence. The organization has a focus on senior citizens housing and retirement communities, aiming to cater to the specific needs of the elderly population.
Who is the CEO of Henrietta Foundation Inc?
Gay R Anderson is the President of Henrietta Foundation Inc.
What is the revenue of Henrietta Foundation Inc?
Henrietta Foundation Inc's revenue in 2023 was $53,650.
Who are the executives of Henrietta Foundation Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Henrietta Foundation Inc?
Henrietta Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Henrietta Foundation Inc
The Henrietta Foundation, a nonprofit organization, is committed to serving the elderly population. Its primary mission is to provide housing solutions through its programs, catering to 10 apartments designed for residency. The organization specializes in senior citizens housing and retirement communities, offering a supportive living environment that prioritizes the needs of the elderly.
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Impact
August, 2024
Henrietta Foundation Inc's impact is deeply felt in the Larsen community in Wisconsin, where it provides essential housing for the elderly through its 10 apartment residency program. By specializing in senior citizen housing and retirement communities, the organization plays a crucial role in supporting the elderly population and ensuring they have a safe and comfortable place to call home. This not only impacts the lives of the residents directly benefiting from the housing programs but also contributes to the overall well-being and quality of life of the local elderly population.
This information is meant to be a general summary of Henrietta 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 2023.
- Program Service Revenue: $53,250
- Gross Receipts: $53,650
Assets and Liabilities:
- Total Assets: $1,981,684
- Total Liabilities: $17,167
- Net Assets: $1,964,517
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MTN & GARAGE FEE
Revenue
$50,115
LAUNDRY
Revenue
$302
LEASE AMORTIZATION
Revenue
$2,833
MISC
Organization Details
Founding Year
1968
Principal Officer
Gay R Anderson
Main Address
5300 ANN STREET, LARSEN, WI, 54947
NTEE Category
Code: L22Z - Housing
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