Overview
What is The Connection Homeless Shelter Inc?
The Connection Homeless Shelter Inc, located in North Platte, Nebraska, is a nonprofit organization dedicated to addressing the needs of the homeless and low-income individuals. With a team of 24 dedicated employees, they provide essential services such as shelter, food, and affordable consumer goods. The primary objective of this organization is to meet the basic necessities of those in need and aid each individual in their journey towards securing permanent housing.
Official website here: www.theconnectionnp.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
The Connection Homeless Shelter Inc has achieved a commendable Four-Star rating from Charity Navigator, signifying its high standards in accountability and finance. The overall score is derived from a perfect accountability and finance beacon, reflecting a commitment to transparency and ethical management. This rating indicates that the organization is likely using its resources effectively to fulfill its mission.
The nonprofit boasts a fully independent board, with 100% independent members, supporting strong governance practices. Financial oversight is robust, evidenced by a dedicated Audit and Oversight Committee, and there have been no material diversions of assets. The organization adheres to best practices by maintaining clear conflict of interest, whistleblower, and document retention policies.
Additionally, The Connection demonstrates financial efficiency with a program expense ratio of 88.93%, indicating that the vast majority of its expenses support its programs. The liabilities to assets ratio is also very low at 2.14%, suggesting sound financial health and stability. Overall, The Connection Homeless Shelter Inc is exemplifying effective management and strong governance in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is The Connection Homeless Shelter Inc legitimate?
The Connection Homeless Shelter Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Connection Homeless Shelter 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: $57,137
Professional Fundraising Fees: $0
Other Salaries and Wages: $231,665
For more financial information, click here
Official website here: www.theconnectionnp.com
What is the mission statement of The Connection Homeless Shelter Inc?
The mission of The Connection Homeless Shelter Inc. is focused on addressing the fundamental needs of individuals experiencing homelessness. Their objective is to aid each individual in taking a step towards securing a permanent home. This is achieved through providing essential services such as shelter, food, and affordable consumer goods. The organization's aim is to offer a supportive environment that empowers homeless and low-income individuals in their journey towards stable housing.
Official website here: www.theconnectionnp.com
What is the revenue of The Connection Homeless Shelter Inc?
The Connection Homeless Shelter Inc's revenue in 2023 was $471,550.
Official website here: www.theconnectionnp.com
Who are the executives of The Connection Homeless Shelter Inc and what are their salaries?
The average compensation at The Connection Homeless Shelter Inc during 2023 was $9,959. There are 29 employees at The Connection Homeless Shelter Inc.
Here are 14 key members and their salaries:
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Official website here: www.theconnectionnp.com
Where can I find the form 990 for The Connection Homeless Shelter Inc?
The Connection Homeless Shelter Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.theconnectionnp.com
Learn more at the official website: www.theconnectionnp.com
Mission Statement of The Connection Homeless Shelter Inc
The Connection Homeless Shelter Inc is dedicated to addressing the fundamental needs of the homeless population. Their mission is to aid each individual in taking a step closer to securing a permanent home. This nonprofit organization strives to provide shelter, nourishment, and affordable consumer goods for individuals who are homeless or have low incomes. By offering these essential services, The Connection Homeless Shelter Inc plays a vital role in supporting the homeless community on their journey towards stability and self-sufficiency.
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Impact
July, 2024
The Connection Homeless Shelter Inc provides shelter, food, and affordable consumer goods for homeless and low-income individuals in North Platte, NE. Their mission is to meet the basic needs of the homeless and help bring each one a step closer to home. Through their services, they make a significant impact on the community by providing essential support for those in need.
This information is meant to be a general summary of The Connection Homeless Shelter 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 2023.
- Investment Income: $4,712
- Program Service Revenue: $66,569
- Gross Receipts: $492,746
Assets and Liabilities:
- Total Assets: $1,430,307
- Total Liabilities: $30,745
- Net Assets: $1,399,562
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Fees
Revenue
$66,569
Organization Details
Founding Year
1994
Principal Officer
Jacqueline Schneider
Website
www.theconnectionnp.comNTEE Category
Code: K30 - Food
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