Overview
What is Pathway Inc?
Pathway Inc, also known as PATHWAY, is a nonprofit organization based in Toledo, Ohio, with a US address at 505 Hamilton Street, 43604. They are dedicated to reducing poverty and creating pathways to self-sufficiency by providing comprehensive services. Specifically, they offer mortgage and rental assistance, granting assistance to 2,851 households, and utility assistance to 260 families. Their workforce comprises 222 employees. Through these efforts, Pathway Inc aims to help individuals and families address their immediate financial needs and navigate the path towards self-sufficiency.
Official website here: www.pathwaytoledo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% - Three-Star out of Four Star rating
Pathway Inc has received an overall score of 81%, reflecting a solid performance in accountability and finance. This rating is based entirely on a single beacon score, indicating a strong focus on financial integrity and governance practices. The charity has demonstrated commendable transparency, significantly due to its independent board composition and the absence of any material diversion of assets.
The organization excels in maintaining a high percentage of program expenses, with a notable 94.34% of its funds directed toward its mission. This indicates a commitment to maximizing the impact of donor contributions. Additionally, Pathway Inc has implemented critical policies such as conflict of interest and whistleblower protections, enhancing its operational governance.
However, the organization faces challenges in its liabilities to assets ratio, scoring 0 out of 15 points in this area, which may raise concerns about its financial health. Overall, while Pathway Inc shows strong governance and program spending, potential donors may want to consider its financial liabilities as a factor in their decision-making.
This AI summary has been generated from information found on Charity Navigator.
Is Pathway Inc legitimate?
Pathway Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pathway 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: $265,018
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,939,558
For more financial information, click here
Official website here: www.pathwaytoledo.org
What is the mission statement of Pathway Inc?
Pathway Inc is a non-profit organization committed to reducing poverty by offering comprehensive services that create pathways to self-sufficiency. Through these services, Pathway Inc helps individuals and families in need to regain their financial footing. The organization provides assistance with mortgage and rental payments, ensuring that households have a stable living situation. Furthermore, Pathway Inc offers utility assistance, alleviating the burden of essential expenses. By providing these essential services, Pathway Inc empowers individuals to focus on their personal growth and self-sufficiency. The ultimate goal is to help people break the cycle of poverty and build a better future for themselves and their families.
Official website here: www.pathwaytoledo.org
Who is the CEO of Pathway Inc?
Jay Black Jr is the Chief Executive Officer of Pathway Inc. The CEO's salary of Pathway Inc is $114,590 and their total compensation is $128,234.
Official website here: www.pathwaytoledo.org
What is the revenue of Pathway Inc?
Pathway Inc's revenue in 2022 was $25,108,865.
Official website here: www.pathwaytoledo.org
Who are the executives of Pathway Inc and what are their salaries?
The average compensation at Pathway Inc during 2022 was $18,940. There are 222 employees and 5 volunteers at Pathway Inc.
Here are 17 key members and their salaries (Pathway Inc's CEO's salary is $114,590 and their total compensation is $128,234):
- Compensation: $114,590
- Related: $0
- Other: $13,644
- Compensation: $104,978
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- Other: $13,058
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Official website here: www.pathwaytoledo.org
Where can I find the form 990 for Pathway Inc?
Pathway Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pathwaytoledo.org
Learn more at the official website: www.pathwaytoledo.org
Mission Statement of Pathway Inc
Pathway Inc, a renowned nonprofit organization, is dedicated to reducing poverty by offering comprehensive services that pave the way to self-sufficiency. By providing essential assistance, Pathway Inc empowers individuals to regain control of their lives and secure a stable future.
The organization takes a holistic approach to tackling poverty, addressing various aspects that hinder self-sufficiency. Pathway Inc's primary focus lies in offering home relief grants, which have directly assisted 2,851 households. This support comes in the form of mortgage and rental assistance, alleviating the financial burden of housing expenses for those in need.
Furthermore, Pathway Inc extends its services to include utility assistance for 260 households. By addressing this crucial need, the organization prevents utility shutoffs and ensures that families can maintain a stable living environment. These efforts demonstrate Pathway Inc's commitment to uplifting communities and creating sustainable solutions that break the cycle of poverty.
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Impact
October, 2024
Pathway Inc has a significant impact on the community by reducing poverty and fostering self-sufficiency through its comprehensive services. In Toledo, Ohio, the organization provides vital support to households in need, offering home relief grants that help maintain stability for families facing financial hardships.
With targeted assistance in mortgage and rental payments, Pathway Inc has served 2,851 households, providing a crucial safety net that prevents homelessness and promotes housing security. Additionally, the organization addresses utility needs, assisting 260 households in covering essential bills and ensuring that families can maintain a safe living environment.
By focusing on creating pathways to self-sufficiency, Pathway Inc empowers individuals and families to rebuild their lives and achieve economic stability. Through its efforts, it plays a pivotal role in transforming the lives of many, contributing to the overall health and resilience of the Toledo community.
This information is meant to be a general summary of Pathway 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: $10
- Program Service Revenue: $501,221
- Gross Receipts: $25,108,865
Assets and Liabilities:
- Total Assets: $4,025,427
- Total Liabilities: $2,820,897
- Net Assets: $1,204,530
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMUNITY CONNECTIONS
Revenue
$478,524
SENIOR BROKERING PROGRAM
Revenue
$22,697
Organization Details
Founding Year
1965
Phone
(419) 242-7304Principal Officer
Jay Black Jr
Main Address
505 HAMILTON STREET, TOLEDO, OH, 436048520
Website
www.pathwaytoledo.orgNTEE Category
Code: B210 - Education
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