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Townhall Ii Foundation Inc

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

EIN: 300024882 ✦ Kent, OH ✦ Designated as a 501(c)(3)

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Overview

What is Townhall Ii Foundation Inc?

Townhall II Foundation Inc, located in Kent, Ohio, serves as a nonprofit organization that raises funds through various means such as rental income and governmental grants. Its primary mission is to provide financial support for Townhall's services, encompassing a free medical clinic, substance abuse counseling, educational programs, and emergency aid. The foundation's activities aim to promote health, well-being, and prevention, ensuring access to essential services for the community.


Official website here: www.townhall2.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 65%, Two-Star out of Four Star Rating

Townhall Ii Foundation Inc has received a 65% rating, indicating a Two-Star status primarily due to its Accountability & Finance metrics. The organization has demonstrated strengths in governance, with a fully independent board and no reported material diversion of assets. These aspects contributed positively to its overall score.

However, the organization faces significant limitations, particularly in its policies. Notably, it lacks a conflict of interest policy and a whistleblower policy, which are critical for transparency and accountability. This deficiency has severely impacted its score in those areas, reflecting a need for improved procedural frameworks.

Financially, the foundation shows a reasonable liabilities to assets ratio of 15.59%, indicating sound financial health. However, its program expense ratio of 55.70% suggests that a substantial portion of its expenses may not be directed towards its programs, which could be a concern for potential donors regarding the effectiveness of their contributions.


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

Is Townhall Ii Foundation Inc legitimate?

Townhall Ii Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Townhall Ii Foundation 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


Official website here: www.townhall2.com

What is the mission statement of Townhall Ii Foundation Inc?

The Townhall II Foundation Inc's mission is centered around funding the services provided by Townhall II. Specifically, this involves supporting substance abuse counseling, education, and prevention initiatives, as well as offering emergency services. The foundation achieves this mission through various means, such as generating income from rental properties, securing government grants, and offering additional services. By doing so, they ensure the availability of free medical clinics, substance abuse counseling, educational programs, and emergency assistance, benefiting individuals in need.


Official website here: www.townhall2.com

Who is the CEO of Townhall Ii Foundation Inc?

Tamera Hunter is the Ceo of Townhall Ii Foundation Inc. The CEO's salary of Townhall Ii Foundation Inc is $0 and their total compensation is $0.


Official website here: www.townhall2.com

What is the revenue of Townhall Ii Foundation Inc?

Townhall Ii Foundation Inc's revenue in 2022 was $38,485.


Official website here: www.townhall2.com

Who are the executives of Townhall Ii Foundation Inc and what are their salaries?


Here are 4 key members and their salaries (Townhall Ii Foundation Inc's CEO's salary is $0 and their total compensation is $0):


Karen Duffy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerard Antonucci (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Whitehurst (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tamera Hunter (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.townhall2.com

Where can I find the form 990 for Townhall Ii Foundation Inc?

Townhall Ii Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.townhall2.com

Learn more at the official website: www.townhall2.com

Mission Statement of Townhall Ii Foundation Inc

Townhall II Foundation Inc is dedicated to raising funds for the organization's services, specifically focusing on substance abuse counseling, education, and prevention, as well as emergency services. The foundation's mission is to provide financial support for Townhall II's initiatives, ensuring the availability of vital resources such as a free medical clinic, counseling, and crisis assistance. By securing funding through rental income, governmental grants, and various services, Townhall II Foundation Inc plays a crucial role in maintaining and expanding the scope of Townhall II's offerings, thereby contributing to the well-being of individuals seeking help with substance abuse issues and other emergencies.

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Impact




August, 2024

Townhall II Foundation Inc's impact is felt through its crucial support of Townhall II's services, which include substance abuse counseling, education, prevention, and emergency services in Kent, Ohio. By raising funds through rental income, governmental grants, and other services, the Foundation plays a vital role in ensuring that Townhall II can continue to provide essential services to the community. This support directly benefits individuals in need of substance abuse counseling, education, prevention services, as well as emergency assistance, making a tangible difference in the lives of those facing challenges in Kent and beyond.




This information is meant to be a general summary of Townhall Ii Foundation 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
$38,485 (2022)
Expenses
$13,144 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $128,606

Assets and Liabilities:

  • Total Assets: $909,045
  • Total Liabilities: $208,557
  • Net Assets: $700,488

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Organization Details

Founding Year

2001

Principal Officer

Tamera Hunter

Main Address

155 North Water Street, Kent, OH, 44240

NTEE Category

Code: T11 - Philanthropy

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