I B H 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: 341597850 ✦ Akron, OH ✦ Designated as a 501(c)(3)

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Overview

What is I B H Foundation Inc?

I B H Foundation Inc, established in 1988, is a charitable, nonprofit organization based in Akron, Ohio. Its primary mission is to distribute funds to exempt organizations, with a focus on supporting addiction recovery programs and maintaining facilities. In 2022, their activities include providing financial assistance for aftercare programs such as IBH Reach and lending support for facility maintenance and repairs. The foundation's objective is to serve the indigent population in its community by aiding addiction treatment programs and purchasing major fixed assets.


Official website here: www.ibh.org

What do the Facebook reviews say about I B H Foundation Inc?

94% of 46 reviewers on Facebook recommend the I B H Foundation Inc. Here is a summary of their reviews:

Many individuals express appreciation for the organization, highlighting the positive experiences they’ve had with its staff and events. One review specifically commends a speaker for her impactful presentation, suggesting that the foundation's efforts are well-received and resonate with the community.

Overall, it's clear that the nonprofit is making a favorable impression on those who engage with it, as people feel connected and believe in the foundation’s mission.


This AI summary has been generated from reviews found on Facebook.

Is I B H Foundation Inc legitimate?

I B H Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. I B H 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.ibh.org

What is the mission statement of I B H Foundation Inc?

The I B H Foundation Inc, established in 1988, was formed with a charitable, religious, educational, and scientific purpose. Its mission is to distribute funds to organizations that qualify as exempt organizations. In line with this mission, the foundation supports IBH Addiction Recovery, a nonprofit provider of addiction treatment, serving the indigent population in its community. For 2022, the foundation's activities include providing program support for aftercare programming, such as the IBH Reach Program, and offering financial support for facilities, including maintenance and repairs.


Official website here: www.ibh.org

Who is the CEO of I B H Foundation Inc?

Anthony Henderson is the President of I B H Foundation Inc.


Official website here: www.ibh.org

What is the revenue of I B H Foundation Inc?

I B H Foundation Inc's revenue in 2022 was $336,584.


Official website here: www.ibh.org

Who are the executives of I B H Foundation Inc and what are their salaries?

There 9 volunteers at I B H Foundation Inc.


Here are 11 key members and their salaries:


Mark Allio (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Killian (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Conti (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Caprez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Communale (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Haskins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Panella (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Skidmore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Whiddon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean H Sloane (Cfo/Administrator)
  • Compensation: $0
  • Related: $103,920
  • Other: $27,249
Jonathan Wylly (Executive Director)
  • Compensation: $0
  • Related: $149,729
  • Other: $9,991


Official website here: www.ibh.org

Where can I find the form 990 for I B H Foundation Inc?

I B H Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ibh.org

Learn more at the official website: www.ibh.org

Mission Statement of I B H Foundation Inc

IBH Foundation Inc was established in 1988 with a mission to serve charitable, religious, educational, and scientific purposes. The organization's primary objective is to distribute funds to organizations that qualify as exempt entities. Its mission is centered around the belief in contributing to the betterment of society by providing financial support to various charitable causes. The foundation's activities are not limited to financial aid; it also supports IBH Addiction Recovery, a nonprofit organization dedicated to serving the indigent population in its community. In 2022, the foundation's activities include providing program support for aftercare programming, such as IBH REACH Program, and offering financial assistance for facility maintenance and repairs. In essence, IBH Foundation Inc is committed to making a difference in the lives of many through its charitable contributions and support of worthy causes.

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Impact




October, 2024

I B H Foundation Inc plays a crucial role in supporting addiction recovery efforts within its community, particularly focused on aiding the indigent population. Through strategic financial distributions, the foundation enhances the capacity of organizations dedicated to addiction treatment, ensuring they have the resources necessary for effective program delivery.

In 2022, the foundation's impact included providing essential program support for the IBH Reach Program, which focuses on aftercare programming to reinforce recovery for individuals post-treatment. Additionally, the foundation allocated funds for the maintenance and repair of facilities, ensuring that centers dedicated to addiction recovery remain safe and accessible for those in need. By investing in major fixed assets and providing operational support, I B H Foundation Inc is instrumental in fostering an environment conducive to healing and recovery, ultimately improving the lives of individuals battling addiction.




This information is meant to be a general summary of I B H 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
$336,584 (2022)
Expenses
$838,484 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $208,049
  • Program Service Revenue: $90,000
  • Gross Receipts: $462,253

Assets and Liabilities:

  • Total Assets: $17,780,292
  • Total Liabilities: $644,853
  • Net Assets: $17,135,439

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Programs

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

RENTAL INCOME

Revenue

$90,000

Organization Details

Founding Year

1988

Principal Officer

Anthony Henderson

Main Address

3445 S MAIN STREET, AKRON, OH, 443193028

NTEE Category

Code: Z99 - Unknown

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