Overview
What is Construct Inc?
Construct Inc, based in Great Barrington, Massachusetts, is a prominent nonprofit organization dedicated to addressing housing issues and providing support services for individuals and families in financial distress. Their work encompasses crisis intervention, housing counseling, financial coaching, and emergency financial assistance, including essentials like food, rent, heating fuel, and car repairs. They also offer emergency shelter in motels and transitional housing services, which include adult education, employment services, transitional residence, case management, outreach, and financial coaching, among others. In addition, Construct Inc has a workforce initiative that includes case management, tutoring, career counseling, and rental assistance. As the leading nonprofit provider of affordable housing and related services in the Southern Berkshires, Construct Inc's mission is to help low- and moderate-income individuals and families secure affordable housing solutions, offering a safe homecoming and a path to security. With a team of 13 dedicated professionals, Construct Inc plays a significant role in supporting their community's housing needs.
Official website here: www.constructinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Construct Inc has achieved a strong rating of 92%, reflecting its commitment to accountability and financial transparency. The organization has scored exceptionally well across various metrics, demonstrating a high level of financial health, with no issues related to material diversion of assets, and maintains a solid program expense ratio of over 76%. The charity’s board is composed entirely of independent members, showcasing its commitment to governance standards.
Strengths of Construct Inc include its robust financial oversight, highlighted by the presence of an audit and oversight committee and transparent documentation practices such as board meeting minutes and the distribution of tax forms to board members prior to filing. Additionally, the organization has demonstrated efficiency in fundraising, with a low fundraising cost ratio of $0.062, indicating that more funds are directed towards its programs rather than administrative expenses.
However, there are areas for improvement, as noted by the absence of a whistleblower policy and a document retention and destruction policy. While these omissions do not significantly detract from its overall performance, addressing them could further enhance Construct Inc's governance and accountability framework. Overall, the organization stands out for its financial integrity and effective use of resources in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Construct Inc legitimate?
Construct Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Construct 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: $86,568
Professional Fundraising Fees: $0
Other Salaries and Wages: $302,541
For more financial information, click here
Official website here: www.constructinc.org
What is the mission statement of Construct Inc?
Construct Inc, as a leading nonprofit provider, is committed to offering affordable housing solutions and supportive services to individuals of low and moderate income levels who are currently homeless or in crisis. Their mission is to provide a secure home environment for these individuals through rental assistance and related support services. By doing so, Construct Inc aims to offer a path to stability and a solid foundation, enabling families to regain a sense of hope. The organization's goal is to help these individuals and families transition towards a more secure future.
Official website here: www.constructinc.org
Who is the CEO of Construct Inc?
Keith Seidman is the President of Construct Inc.
Official website here: www.constructinc.org
What is the revenue of Construct Inc?
Construct Inc's revenue in 2022 was $1,017,042.
Official website here: www.constructinc.org
Who are the executives of Construct Inc and what are their salaries?
The average compensation at Construct Inc during 2022 was $29,931. There are 13 employees and 30 volunteers at Construct Inc.
Here are 22 key members and their salaries:
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- Compensation: $81,738
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Official website here: www.constructinc.org
Where can I find the form 990 for Construct Inc?
Construct Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.constructinc.org
Learn more at the official website: www.constructinc.org
Mission Statement of Construct Inc
Construct Inc, as the leading nonprofit provider in its field, is committed to helping individuals and families in crisis. With a focus on affordable housing and related services, Construct Inc's mission is to provide housing solutions for people of low and moderate income. By offering rental assistance and supportive services, the organization aims to offer a safe homecoming for those in need, providing a viable path towards security and a firm foundation from which they can begin to feel hopeful again. Construct Inc's mission is to empower its neighbors in need, providing them with the resources and support they need to build a brighter future.
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Impact
October, 2024
Construct Inc significantly impacts the community by addressing critical housing needs and supporting individuals and families facing homelessness. Through its comprehensive services, Construct Inc offers a continuum of affordable housing options and related assistance aimed at stabilizing lives.
Their Project Home initiative provides crucial crisis intervention services, including housing counseling, financial coaching, and emergency financial assistance for essentials like food, rent, and utilities. This helps individuals navigate immediate crisis situations and maintain stability.
In addition to emergency support, Construct Inc offers transitional housing services that integrate educational and employment resources, such as case management, adult education, and career counseling. These programs are designed to empower individuals by providing the skills and support necessary to achieve financial independence and sustainability.
Construct Inc's workforce initiative further enhances its impact by offering hands-on assistance for those seeking employment, ensuring that the community has access to the resources needed for long-term success.
Overall, Construct Inc serves as a foundational resource in Great Barrington, MA, providing safe and affordable housing solutions that foster stability, security, and hope for low and moderate-income residents.
This information is meant to be a general summary of Construct 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: $21,045
- Program Service Revenue: $80,594
- Gross Receipts: $1,208,405
Assets and Liabilities:
- Total Assets: $4,014,954
- Total Liabilities: $586,881
- Net Assets: $3,428,073
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUES
Revenue
$80,594
Organization Details
Founding Year
1969
Phone
(413) 528-1985Principal Officer
Keith Seidman
Main Address
41 MAHAIWE STREET PO BOX 582, GREAT BARRINGTON, MA, 01230
Website
www.constructinc.orgNTEE Category
Code: L410 - Housing
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