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The American Roundtable To Abolish Homelessness Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 270176858 ✦ Boston, MA ✦ Designated as a 501(c)(3)

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Overview

What is The American Roundtable To Abolish Homelessness Inc?

The American Roundtable To Abolish Homelessness Inc, located in Boston, Massachusetts, serves as a strategic partner between public and private sectors to combat homelessness. Their mission is to alleviate the prolonged suffering of the economically disadvantaged, employing research-driven, performance-based, consumer-centric, and results-oriented strategies. They focus on assisting state and local jurisdictions and private sector stakeholders to enhance their strategic approach to homelessness, particularly through the expansion of permanent housing units with essential services for the most vulnerable individuals, such as the homeless living on the streets or stuck in shelters. Major initiatives include implementing the motel conversion strategy in local communities, promoting targeted housing and service resources for vulnerable populations like veterans, and advocating for under-served and under-resourced communities, including ART's national initiative to address homelessness for unaccompanied women. With a small team of dedicated professionals, the organization strives to disseminate and support innovative initiatives aimed at abolishing homelessness.


Official website here: www.abolitionistroundtable.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star rating)

The American Roundtable to Abolish Homelessness Inc has achieved an impressive rating of 97%, indicating a strong performance in accountability and finance management. This rating is significant as it reflects the organization's commitment to transparency and effective governance, with a majority of independent board members and robust policies in place to manage conflicts of interest and whistleblower protections.

The organization excels in utilizing its funding efficiently, with a program expense ratio of 79.06%, demonstrating a focus on its mission to address homelessness. Additionally, the absence of any material diversion of assets and a favorable liabilities to assets ratio of 19.98% further reinforce its financial stability and responsible stewardship of resources.

While the data showcases several strengths, it's essential to continue monitoring for sustainability and growth in their programs and community impact. Overall, the American Roundtable To Abolish Homelessness Inc stands out as a well-managed nonprofit dedicated to its cause.


This AI summary has been generated from information found on Charity Navigator.

Is The American Roundtable To Abolish Homelessness Inc legitimate?

The American Roundtable To Abolish Homelessness Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The American Roundtable To Abolish Homelessness 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: $182,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.abolitionistroundtable.com

What is the mission statement of The American Roundtable To Abolish Homelessness Inc?

The American Roundtable To Abolish Homelessness Inc is committed to functioning as a strategic partner with both public and private sectors. Their primary goal is to prevent and eradicate the prolonged suffering associated with homelessness among the economically disadvantaged population. Their strategies are data-driven, performance-based, consumer-centric, and results-oriented. The organization aims to disseminate and support innovative initiatives that ultimately contribute to the abolition of homelessness.


Official website here: www.abolitionistroundtable.com

Who is the CEO of The American Roundtable To Abolish Homelessness Inc?

Mary Ellen Hombs is the President of The American Roundtable To Abolish Homelessness Inc.


Official website here: www.abolitionistroundtable.com

What is the revenue of The American Roundtable To Abolish Homelessness Inc?

The American Roundtable To Abolish Homelessness Inc's revenue in 2022 was $495,250.


Official website here: www.abolitionistroundtable.com

Who are the executives of The American Roundtable To Abolish Homelessness Inc and what are their salaries?

The average compensation at The American Roundtable To Abolish Homelessness Inc during 2022 was $182,000. There is 1 employee and 3 volunteers at The American Roundtable To Abolish Homelessness Inc.


Here are 4 key members and their salaries:


Philip Mangano (President)
  • Compensation: $182,506
  • Related: $0
  • Other: $14,568
Mary Ellen Hombs (Treasurer/Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Foster (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tod Lipka (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.abolitionistroundtable.com

Where can I find the form 990 for The American Roundtable To Abolish Homelessness Inc?

The American Roundtable To Abolish Homelessness Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.abolitionistroundtable.com

Learn more at the official website: www.abolitionistroundtable.com

Mission Statement of The American Roundtable To Abolish Homelessness Inc

The American Roundtable To Abolish Homelessness Inc is committed to being a strategic partner with both the public and private sectors in an ambitious endeavor to eradicate the long-term suffering of homelessness among the most economically disadvantaged members of society. Their strategies are research and data-driven, performance-based, consumer-centric, and results-oriented. Their ultimate goal is to disseminate and support innovative initiatives that ultimately lead to the annihilation of homelessness. In simpler terms, this organization aims to collaborate with various sectors to prevent and end homelessness in a sustainable and effective manner, utilizing research, data, and performance metrics to guide their efforts and ensure success.

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Impact




July, 2024

The American Roundtable To Abolish Homelessness Inc is making a tangible impact in the fight against homelessness by providing expert assistance to local jurisdictions and stakeholders. Their focus on scaling permanent housing units with appropriate services for homeless individuals, especially the most vulnerable living long-term on the streets or in shelters, is commendable. By advocating for under-served populations and promoting innovative initiatives, such as the motel conversion strategy, they are actively working towards the abolition of homelessness. Their data-driven, consumer-centric approach ensures that their efforts are results-oriented, making a meaningful difference in the lives of those experiencing homelessness.




This information is meant to be a general summary of The American Roundtable To Abolish Homelessness 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.

Revenue
$495,250 (2022)
Expenses
$366,186 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $371,421
  • Gross Receipts: $495,250

Assets and Liabilities:

  • Total Assets: $260,309
  • Total Liabilities: $52,059
  • Net Assets: $208,250

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

WORKSHOPS & CONFERENCE

Revenue

$371,421

Organization Details

Founding Year

2009

Principal Officer

Mary Ellen Hombs

Main Address

5 PARK STREET, BOSTON, MA, 02108

NTEE Category

Code: P80 - Human services

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