Overview
What is Building Futures Iv Inc?
Building Futures IV Inc, situated in Norfolk, Nebraska, is a nonprofit organization dedicated to addressing the housing needs of individuals recovering from mental illness. Specifically, they manage and lease apartment units to qualified tenants, with the mission of ensuring these individuals have affordable, safe, and decent housing opportunities when needed. The organization's primary activity is to assist in meeting the housing requirements of those on the road to recovery from mental illness. They are also known as Chestnut Park II Apartments.
Official website here: www.libertycentre.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 91% - Four-Star out of Four Star Rating
Building Futures Iv Inc has achieved a notable Four-Star rating from Charity Navigator, reflecting high performance in accountability and finance. The overall score is primarily based on a strong accountability and finance score of 91%, indicating effective management of resources and transparency in operations.
Strengths of the organization include a fully independent board, with 100% of its members meeting this criterion. Additionally, the charity has robust policies in place, such as a whistleblower policy and a conflict of interest policy, further demonstrating commitment to ethical practices. The organization maintains a positive liabilities to assets ratio, suggesting financial stability.
However, while the program expense ratio stands at 65.14%, which is decent, there is room for improvement to optimize resource allocation towards programs. Overall, Building Futures Iv Inc appears to operate efficiently and responsibly, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Building Futures Iv Inc legitimate?
Building Futures Iv Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Building Futures Iv 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: $11,807
For more financial information, click here
Official website here: www.libertycentre.org
What is the mission statement of Building Futures Iv Inc?
Building Futures IV Inc is committed to assisting individuals recovering from mental illness in meeting their housing needs. Specifically, the organization aims to ensure that all such individuals have access to affordable, safe, and decent housing opportunities when they require it. To achieve this, the organization manages a complex and leases independent living apartment units to qualified tenants who have recovered from mental illness.
Official website here: www.libertycentre.org
Who is the CEO of Building Futures Iv Inc?
Dr Kevin Piske is the President of Building Futures Iv Inc.
Official website here: www.libertycentre.org
What is the revenue of Building Futures Iv Inc?
Building Futures Iv Inc's revenue in 2023 was $52,234.
Official website here: www.libertycentre.org
Who are the executives of Building Futures Iv Inc and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.libertycentre.org
Where can I find the form 990 for Building Futures Iv Inc?
Building Futures Iv Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.libertycentre.org
Learn more at the official website: www.libertycentre.org
Mission Statement of Building Futures Iv Inc
Building Futures IV Inc, a non-profit organization, is dedicated to assisting individuals recovering from mental illness by ensuring they have access to affordable, safe, and decent housing opportunities when needed. The mission of this organization revolves around providing independent living apartment units to those who have experienced mental illness. By managing the complex and leasing to qualified tenants, Building Futures IV Inc aims to make a significant difference in the lives of those who are recovering, offering them a stable living environment that promotes their well-being and recovery process.
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Impact
June, 2024
Building Futures Iv Inc's impact lies in providing individuals recovering from mental illness with affordable, safe, and decent housing opportunities when needed. Through its mission to assist in meeting the housing needs of this vulnerable population, the organization rents independent living apartment units to those struggling with mental illness. By managing the complex and leasing to qualified tenants, Building Futures Iv Inc plays a vital role in supporting the recovery and well-being of individuals in Norfolk, NE. The organization's focus on mental health is crucial in addressing the housing challenges faced by this particular group, ultimately contributing to their stability and overall quality of life.
This information is meant to be a general summary of Building Futures Iv 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.
- Investment Income: $192
- Program Service Revenue: $51,090
- Gross Receipts: $52,234
Assets and Liabilities:
- Total Assets: $839,028
- Total Liabilities: $10,741
- Net Assets: $828,287
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$51,090
Organization Details
Founding Year
2002
Principal Officer
Dr Kevin Piske
Main Address
900 E NORFOLK AVE, NORFOLK, NE, 68701
Website
www.libertycentre.orgNTEE Category
Code: F33 - Mental health
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