Overview
What is Stop & Shop Helping Hands Inc?
Stop & Shop Helping Hands Inc is a charitable organization headquartered at 1385 Hancock Street, Quincy, Massachusetts. Their primary mission is to offer financial aid to associates of the Stop & Shop supermarket chain who are experiencing exceptional financial difficulties. This nonprofit organization extends its support to assist Stop & Shop employees in times of need, ensuring they maintain financial stability.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star Rating.
Stop & Shop Helping Hands Inc has achieved a commendable 94% rating from Charity Navigator, reflecting strong accountability and financial health. This score is solely based on the Accountability & Finance beacon, indicating a robust management structure and financial practices that promote transparency and trust.
The organization boasts a fully independent board, with 100% of its members being independent, which is a positive indicator of governance. Additionally, there are no material diversions of assets, and the charity has established essential policies such as conflict of interest and whistleblower protections. These factors contribute to a solid foundation for responsible stewardship of funds.
Financially, Stop & Shop Helping Hands Inc demonstrates effective use of resources, with a program expense ratio of 82.59%, indicating that a significant majority of its expenses are directed toward its mission-related programs. The liabilities to assets ratio stands at an impressive 0.00%, suggesting that the organization operates without debt, which further enhances its financial stability.
This AI summary has been generated from information found on Charity Navigator.
Is Stop & Shop Helping Hands Inc legitimate?
Stop & Shop Helping Hands Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stop & Shop Helping Hands 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
For more financial information, click here
What is the mission statement of Stop & Shop Helping Hands Inc?
Stop & Shop Helping Hands Inc is an organization that is committed to providing financial assistance to associates of Stop & Shop who are experiencing extraordinary financial hardships. Their mission is to offer a helping hand during times of need, providing essential financial aid to those who are struggling. Through their efforts, they aim to alleviate some of the financial burden faced by their associates, enabling them to focus on their well-being and recovery. The organization has a history of providing financial assistance to those in need, demonstrating its dedication to supporting its associates during challenging times.
Who is the CEO of Stop & Shop Helping Hands Inc?
Gordon Reid is the President of Stop & Shop Helping Hands Inc.
What is the revenue of Stop & Shop Helping Hands Inc?
Stop & Shop Helping Hands Inc's revenue in 2022 was $59,113.
Who are the executives of Stop & Shop Helping Hands Inc and what are their salaries?
There 7 volunteers at Stop & Shop Helping Hands Inc.
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Stop & Shop Helping Hands Inc?
Stop & Shop Helping Hands Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Stop & Shop Helping Hands Inc
Stop & Shop Helping Hands Inc is an organization dedicated to extending financial aid to associates of the renowned supermarket chain, Stop & Shop, who are experiencing unprecedented financial hardships. The mission of this nonprofit is centered around providing the necessary financial assistance to these individuals in need, aiming to alleviate their burdens and offer a ray of hope during challenging times. Through its initiatives, Stop & Shop Helping Hands Inc has been instrumental in offering much-needed financial support to those who are facing unexpected financial crises.
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Impact
August, 2024
Stop & Shop Helping Hands Inc has a direct and tangible impact on the lives of associates facing extraordinary financial hardships. By providing much-needed financial assistance, this organization offers a lifeline to those in need within the Stop & Shop community. Through its mission of supporting associates in times of crisis, Stop & Shop Helping Hands Inc serves as a beacon of support and compassion, helping to alleviate the burdens of financial distress and providing a sense of security for those facing difficulties. This impactful assistance not only enriches individual lives but also strengthens the overall well-being of the Stop & Shop workforce, fostering a culture of care and solidarity within the organization.
This information is meant to be a general summary of Stop & Shop Helping Hands 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: $2,177
- Gross Receipts: $59,113
Assets and Liabilities:
- Total Assets: $1,313,144
- Total Liabilities: $500
- Net Assets: $1,312,644
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Organization Details
Founding Year
2008
Phone
(717) 960-1701Principal Officer
Gordon Reid
Main Address
1385 HANCOCK STREET, QUINCY, MA, 02169
NTEE Category
Code: P60 - Human services
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