Overview
What is 43 North Inc?
43 North Inc is a recently established nonprofit organization located in Hailey, Idaho. Their primary mission is to offer secure and stable housing for adults with intellectual disabilities. The organization is committed to fostering an inclusive and empowering environment, enabling its residents to achieve their maximum independence and quality of life as active members of their community. Currently, 43 North Inc is focusing on fundraising efforts to launch their programs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 40%
43 North Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score reflects a lack of program expenses, which negatively impacts its financial health assessment. The single beacon score heavily weighs accountability and finance, leaving room for improvement in these crucial areas.
Despite the low overall score, 43 North Inc shows strengths in governance, with a fully independent board consisting of three members and a solid conflict of interest policy in place. The organization scores well on transparency, as it documents board meeting minutes and has no material diversion of assets, demonstrating some commitment to responsible management.
However, the critical issue lies in the organization’s financial ratios, particularly the program expense ratio, which is reported as 0.00%. This raises questions about the effectiveness of its programs and the overall impact of its expenditures on fulfilling its mission. The lack of program expenses suggests that the organization may not be utilizing its resources to support its intended goals effectively.
This AI summary has been generated from information found on Charity Navigator.
Is 43 North Inc legitimate?
43 North Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 43 North 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
What is the mission statement of 43 North Inc?
43 North Inc's mission is centered around providing safe and stable housing for adults with intellectual disabilities. The organization is deeply committed to fostering an inclusive and empowering environment. This environment is designed to help its residents achieve their maximum independence and enhance their quality of life, enabling them to fully integrate into the community. At this stage, 43 North Inc is primarily focusing on fundraising to kickstart its programs.
Who is the CEO of 43 North Inc?
Cochran Marie is the President of 43 North Inc.
What is the revenue of 43 North Inc?
43 North Inc's revenue in 2022 was $56,132.
Who are the executives of 43 North Inc and what are their salaries?
There 3 volunteers at 43 North Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for 43 North Inc?
43 North Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 43 North Inc
43 North Inc, a dedicated organization, is committed to providing safe and stable housing for adults with intellectual disabilities. Their mission is deeply rooted in fostering an inclusive and empowering environment. The goal is to enable their residents to achieve the maximum level of independence and enhance their quality of life, allowing them to fully integrate into the community. The organization is dedicated to creating an atmosphere that supports and empowers its residents, enabling them to lead fulfilling lives. Currently, 43 North Inc is in its early stages and is primarily focused on fundraising, with plans to initiate programs in the near future.
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Impact
August, 2024
43 North Inc's impact is focused on providing safe and stable housing to adults with intellectual disabilities. Their mission is to create an environment of inclusivity and empowerment, enabling residents to achieve maximum independence and quality of life as valued members of the community. While the organization is still in its early phase and concentrating on fundraising, their overarching goal is to support individuals with intellectual disabilities in accessing the housing and support they need to thrive.
This information is meant to be a general summary of 43 North 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: $672
- Gross Receipts: $61,393
Assets and Liabilities:
- Total Assets: $630,620
- Total Liabilities: $0
- Net Assets: $630,620
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Organization Details
Founding Year
2017
Principal Officer
Cochran Marie
Main Address
PO BOX 2794, HAILEY, ID, 83333
NTEE Category
Code: P01 - Human services
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