Overview
What is Hansen Foundation Inc?
The Hansen Foundation Inc, situated in Egg Harbor City, New Jersey, is a dedicated nonprofit organization. Their primary mission is to provide affordable, long-term, and comfortable recovery residences for individuals struggling with substance abuse and alcohol addiction. By offering housing assistance, they aim to help those in recovery overcome the numerous challenges they face during their journey towards sobriety. Beyond housing, the foundation advocates for addicts and works tirelessly to reduce the stigma surrounding addiction within the communities they serve. Additionally, they incorporate education about holistic wellness and sustainability practices into their services, promoting a holistic approach to recovery. With a workforce of 86 dedicated individuals, the Hansen Foundation Inc is committed to making a significant impact in the lives of those affected by addiction.
Official website here: www.hansenhouse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 61% (Two-Star out of Four Stars)
The Hansen Foundation Inc has received a Two-Star rating from Charity Navigator, indicating some concerns about its accountability and financial practices. While the organization boasts a strong score for independent board governance, it struggles significantly in areas such as financial statements and conflict of interest policies. The score reflects a need for improvement in its overall financial transparency and management.
One of the notable strengths of the Hansen Foundation is its high program expense ratio of nearly 94%, suggesting that a large portion of its expenses directly supports its mission. However, the foundation falls short in fundraising efficiency and has a high liabilities-to-assets ratio, which could indicate potential financial stability issues. This combination of strengths and weaknesses points to an organization that is focused on its programs but may need better financial oversight and practices.
Critical feedback highlights the lack of essential policies such as whistleblower and document retention policies, which are crucial for organizational integrity. The absence of these measures may raise concerns about the governance and accountability of the foundation. Overall, while the Hansen Foundation Inc is committed to its programs, it must address its financial management and governance practices to enhance its overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Hansen Foundation Inc legitimate?
Hansen Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hansen 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: $1,008,905
For more financial information, click here
Official website here: www.hansenhouse.org
What is the mission statement of Hansen Foundation Inc?
The Hansen Foundation Inc's mission is to offer affordable recovery residences and essential support to individuals newly recovering from substance and alcohol abuse, helping them overcome overwhelming obstacles in their recovery journey. The foundation advocates for addicts in the communities it serves, striving to reduce stigma associated with addiction. Moreover, it integrates education about holistic wellness and sustainability practices into its services.
Official website here: www.hansenhouse.org
Who is the CEO of Hansen Foundation Inc?
Jennifer Hansen is the President of Hansen Foundation Inc.
Official website here: www.hansenhouse.org
What is the revenue of Hansen Foundation Inc?
Hansen Foundation Inc's revenue in 2022 was $3,573,634.
Official website here: www.hansenhouse.org
Who are the executives of Hansen Foundation Inc and what are their salaries?
The average compensation at Hansen Foundation Inc during 2022 was $11,731. There are 86 employees and 150 volunteers at Hansen Foundation Inc.
Here are 6 key members and their salaries:
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Official website here: www.hansenhouse.org
Where can I find the form 990 for Hansen Foundation Inc?
Hansen Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hansenhouse.org
Learn more at the official website: www.hansenhouse.org
Mission Statement of Hansen Foundation Inc
Hansen Foundation Inc is committed to providing housing assistance to individuals struggling with substance and alcohol abuse as they work towards recovery. Their mission is multifaceted, encompassing the provision of affordable recovery residences and necessary support services. By offering long-term, comfortable housing, Hansen Foundation aims to assist those new in recovery in navigating the overwhelming obstacles they often face.
Beyond offering physical shelter, Hansen Foundation also advocates for addicts and works towards reducing stigma in the communities they serve. Their mission includes incorporating education about holistic wellness and sustainability practices. This holistic approach to recovery seeks to equip individuals with the tools and knowledge necessary to maintain their sobriety and lead fulfilling lives. By advocating for addicts and addressing stigma, Hansen Foundation strives to create a more supportive and understanding environment for those in recovery.
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Impact
October, 2024
Hansen Foundation Inc significantly impacts the lives of individuals recovering from substance and alcohol abuse by providing essential housing assistance. By offering affordable and comfortable recovery residences, the foundation creates a supportive environment that enables those in recovery to overcome the overwhelming obstacles they face.
Additionally, Hansen Foundation Inc advocates for addicts and actively works to reduce the stigma associated with addiction within the communities they serve. Their commitment to education about holistic wellness and sustainability practices further enhances the recovery process, promoting not only individual healing but also community understanding and support. Through these efforts, Hansen Foundation Inc plays a critical role in fostering lasting recovery and empowering individuals to rebuild their lives.
This information is meant to be a general summary of Hansen 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $463,122
- Program Service Revenue: $893,696
- Gross Receipts: $3,648,927
Assets and Liabilities:
- Total Assets: $5,231,641
- Total Liabilities: $3,655,453
- Net Assets: $1,576,188
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LIVING COST REVENUE
Revenue
$868,593
HORTICULTURE THERAPY
Revenue
$25,103
Organization Details
Founding Year
1999
Phone
(609) 965-3700Principal Officer
Jennifer Hansen
Main Address
572 S ODESSA AVE, EGG HARBOR CITY, NJ, 08215
Website
www.hansenhouse.orgNTEE Category
Code: T20 - Philanthropy
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