Overview
What is Shenandoah Fellowship Foundation?
The Shenandoah Fellowship Foundation is a nonprofit organization dedicated to offering housing and related facilities and services to elderly families and individuals. Their primary goal is to provide affordable rental housing for the elderly, ensuring they have a comfortable living space. Their mission encompasses this objective, aiming to enhance the lives of the elderly by providing necessary housing solutions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating.
The Shenandoah Fellowship Foundation has received a solid Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization has achieved a high score primarily due to its excellent governance practices, with a board comprised entirely of independent members, ensuring impartial decision-making. Additionally, the foundation has successfully maintained a low liabilities-to-assets ratio, indicating sound financial health.
Strengths highlighted include thorough financial audits and the implementation of a conflict of interest policy, which further underscores its commitment to transparency. Furthermore, a program expense ratio of nearly 80% suggests that a significant portion of its resources is directed towards its mission-related activities, a positive indicator of its operational focus.
While the overall rating is commendable, the reliance solely on the accountability and finance beacon for the score means that other factors such as program effectiveness are not assessed here. Nevertheless, the foundation's robust governance and financial practices position it as a responsible choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Shenandoah Fellowship Foundation legitimate?
Shenandoah Fellowship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shenandoah Fellowship Foundation 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: $159,959
For more financial information, click here
What is the mission statement of Shenandoah Fellowship Foundation?
The Shenandoah Fellowship Foundation's mission is centered around providing housing and related facilities and services for elderly families and individuals. This organization is committed to offering affordable rental housing options for the elderly, aiming to enhance their living conditions and support their needs. The foundation's primary goal is to ensure that elderly families and individuals have access to comfortable and suitable living arrangements, thereby improving their quality of life.
Who is the CEO of Shenandoah Fellowship Foundation?
David Ray is the President of Shenandoah Fellowship Foundation.
What is the revenue of Shenandoah Fellowship Foundation?
Shenandoah Fellowship Foundation's revenue in 2022 was $746,325.
Who are the executives of Shenandoah Fellowship Foundation and what are their salaries?
The average compensation at Shenandoah Fellowship Foundation during 2022 was $15,996. There are 10 employees and 12 volunteers at Shenandoah Fellowship Foundation.
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Where can I find the form 990 for Shenandoah Fellowship Foundation?
Shenandoah Fellowship Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Shenandoah Fellowship Foundation
The Shenandoah Fellowship Foundation is dedicated to serving the needs of elderly families and individuals. Their mission is centered around providing housing and related facilities and services to this particular demographic. Specifically, they focus on offering affordable rental housing options to the elderly, ensuring that they have a safe and comfortable living space. The foundation strives to support the elderly community, providing the necessary facilities and services to enhance their quality of life.
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Impact
October, 2024
The Shenandoah Fellowship Foundation significantly enhances the quality of life for elderly families and individuals in Winchester, Virginia, by providing affordable housing and essential services tailored to their needs. By focusing on low-cost rental options and related facilities, the Foundation helps ensure that seniors have access to safe and comfortable living environments. This commitment not only alleviates the financial burden often faced by the elderly but also promotes a sense of community and support among residents, fostering connections and well-being in their later years. Through its strategic initiatives, the Foundation plays a crucial role in improving housing stability and enhancing the overall living experience for the elderly population.
This information is meant to be a general summary of Shenandoah Fellowship Foundation. 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: $123,424
- Program Service Revenue: $199,637
- Gross Receipts: $746,325
Assets and Liabilities:
- Total Assets: $6,545,101
- Total Liabilities: $48,594
- Net Assets: $6,496,507
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL PROGRAM INCOME
Revenue
$198,607
OTHER PROGRAM INCOME
Revenue
$1,030
Organization Details
Founding Year
1972
Phone
(540) 667-4667Principal Officer
David Ray
Main Address
27 SOUTH CAMERON STREET, WINCHESTER, VA, 22601
NTEE Category
Code: L22Z - Housing
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