Overview
What is Region V Foundation?
Region V Foundation is a nonprofit organization situated in Lincoln, Nebraska. Their primary mission is to provide affordable transportation and housing solutions for individuals with developmental disabilities. By offering these essential services, they aim to improve the overall quality of life for these individuals, enabling them to live independently and participate fully in their communities.
Official website here: www.regionvservices.com/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (74%)
The Region V Foundation has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. While the organization scored well in areas such as financial statement audits and program expense ratios, significant issues were noted in governance. The foundation lacks independent board members and has not implemented several essential policies, such as conflict of interest and whistleblower policies, which impacts its overall rating.
Despite these shortcomings, the organization demonstrates some strong financial management, as evidenced by a favorable liabilities to assets ratio and a solid program expense ratio. However, the absence of publicly available financial documents and the lack of transparency regarding board governance practices are concerning. These factors highlight areas where the foundation can work on enhancing its credibility and operational integrity.
Overall, the Region V Foundation shows potential through its strong financial ratios but clearly needs to address its governance and transparency issues to improve its accountability and trustworthiness among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Region V Foundation?
While Region V Foundation currently has only three reviews, the existing feedback showcases a positive impression of the organization. One user specifically appreciates the support they received, expressing gratitude for the foundation’s collaborative efforts.
Despite the limited number of reviews, this sentiment indicates that those who have interacted with the foundation feel supported and valued. Overall, the impression is that Region V Foundation is dedicated to working closely with its constituents and delivering meaningful assistance.
This AI summary has been generated from reviews found on Facebook.
Is Region V Foundation legitimate?
Region V Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Region V Foundation 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.regionvservices.com/foundation
What is the mission statement of Region V Foundation?
The Region V Foundation's mission is centered around providing affordable and accessible transportation and housing solutions for individuals with developmental disabilities. Situated in an unspecified location, the foundation strives to make a significant impact in this area, aiming to enhance the quality of life for these individuals. Their efforts are geared towards offering practical solutions that cater to the unique needs of this group, thereby promoting their independence and overall well-being.
Official website here: www.regionvservices.com/foundation
Who is the CEO of Region V Foundation?
Matt Kasik is the President/Ceo of Region V Foundation. The CEO's salary of Region V Foundation is $0 and their total compensation is $137,539.
Official website here: www.regionvservices.com/foundation
What is the revenue of Region V Foundation?
Region V Foundation's revenue in 2022 was $871,347.
Official website here: www.regionvservices.com/foundation
Who are the executives of Region V Foundation and what are their salaries?
There 4 volunteers at Region V Foundation.
Here are 9 key members and their salaries (Region V Foundation's CEO's salary is $0 and their total compensation is $137,539):
- Compensation: $0
- Related: $127,788
- Other: $9,751
- Compensation: $0
- Related: $88,961
- Other: $14,747
- Compensation: $0
- Related: $91,531
- Other: $11,339
- Compensation: $0
- Related: $57,359
- Other: $2,941
- Compensation: $0
- Related: $35,389
- Other: $1,633
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.regionvservices.com/foundation
Where can I find the form 990 for Region V Foundation?
Region V Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.regionvservices.com/foundation
Learn more at the official website: www.regionvservices.com/foundation
Mission Statement of Region V Foundation
The Region V Foundation, a nonprofit organization, is committed to providing affordable transportation and housing solutions for individuals with developmental disabilities. Based on the information provided, it is clear that this organization aims to make these essential services more accessible for this specific group of people. By offering these options, the Region V Foundation is seeking to empower and enhance the quality of life for individuals with developmental disabilities, thereby contributing to their overall well-being and independence.
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Impact
October, 2024
The Region V Foundation plays a crucial role in enhancing the quality of life for individuals with developmental disabilities by providing affordable transportation and housing options. Based in Lincoln, NE, the organization is dedicated to ensuring accessibility and independence for these individuals, facilitating not only mobility but also stability in their living situations. By addressing these fundamental needs, the Region V Foundation empowers individuals to engage more fully in their communities, fostering a greater sense of belonging and opportunity. The impact of their initiatives is profound, contributing to improved well-being and enhanced life outcomes for those they serve.
This information is meant to be a general summary of Region V Foundation. 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: $24,297
- Program Service Revenue: $557,073
- Gross Receipts: $931,577
Assets and Liabilities:
- Total Assets: $5,620,381
- Total Liabilities: $79,436
- Net Assets: $5,540,945
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROPERTY RENTAL INCOME
Revenue
$490,858
VEHICLE LEASE INCOME
Revenue
$66,215
Organization Details
Founding Year
1991
Phone
(402) 471-6400Principal Officer
Matt Kasik
Main Address
3600 UNION DRIVE, LINCOLN, NE, 68516
NTEE Category
Code: T70Z - Philanthropy
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