Overview
What is Fifth Street Renaissance?
Fifth Street Renaissance is a nonprofit organization dedicated to offering assistance to individuals and families facing challenges, particularly those experiencing homelessness and living with HIV. Their mission encompasses providing comprehensive services to help individuals overcome barriers to independent living. This includes offering inclusive care, support, housing, and advocacy for HIV-positive individuals and their families. In addition, they offer transitional housing programs, providing opportunities for education, employment, and ultimately, permanent housing. By addressing these needs, Fifth Street Renaissance aims to improve the lives of those in need, ensuring they have the resources and support necessary to thrive.
Official website here: www.fsr-sara.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star Rating
Fifth Street Renaissance has earned a Three-Star rating from Charity Navigator, reflecting a solid score of 77% based solely on its Accountability & Finance. The organization shows strength in various areas, including having a fully independent board and a robust audit and oversight committee. However, the organization received a lower score in the Liabilities to Assets ratio, which may indicate potential financial risks that require attention.
User feedback from GreatNonprofits highlights the organization's impactful service to individuals in need, particularly those facing significant hardships. One client, a disabled veteran, expressed gratitude for the support received, noting that Fifth Street Renaissance was one of the few organizations that truly helped him in a time of crisis. This demonstrates the nonprofit's commitment to serving vulnerable populations effectively.
Despite the positive feedback, there are still areas of improvement, such as the lack of a whistleblower policy. Addressing these limitations can further enhance the organization's accountability and transparency, ensuring better service delivery and trust among stakeholders. Overall, Fifth Street Renaissance showcases a strong commitment to financial accountability while making a meaningful difference in the community.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Fifth Street Renaissance legitimate?
Fifth Street Renaissance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fifth Street Renaissance 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: $127,385
Professional Fundraising Fees: $0
Other Salaries and Wages: $560,615
For more financial information, click here
Official website here: www.fsr-sara.org
What is the mission statement of Fifth Street Renaissance?
Fifth Street Renaissance's mission is centered around providing assistance to individuals and families in challenging situations. The organization offers transitional housing programs as a means to help individuals overcome barriers to independent living. Additionally, they provide inclusive care, support, housing, and advocacy services specifically to those living with HIV and their families. By offering these comprehensive services, Fifth Street Renaissance aims to empower individuals to improve their lives and regain their independence.
Official website here: www.fsr-sara.org
Who is the CEO of Fifth Street Renaissance?
Penny Harris-Powell is the President of Fifth Street Renaissance.
Official website here: www.fsr-sara.org
What is the revenue of Fifth Street Renaissance?
Fifth Street Renaissance's revenue in 2022 was $3,522,246.
Official website here: www.fsr-sara.org
Who are the executives of Fifth Street Renaissance and what are their salaries?
The average compensation at Fifth Street Renaissance during 2022 was $43,000. There are 16 employees at Fifth Street Renaissance.
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- Compensation: $125,090
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Official website here: www.fsr-sara.org
Where can I find the form 990 for Fifth Street Renaissance?
Fifth Street Renaissance's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fsr-sara.org
Learn more at the official website: www.fsr-sara.org
Mission Statement of Fifth Street Renaissance
Fifth Street Renaissance, a nonprofit organization, is dedicated to providing transitional housing programs and comprehensive services to individuals experiencing homelessness. Their mission is to aid these individuals in overcoming barriers to independent living. Moreover, Fifth Street Renaissance offers inclusive care, support, housing, and advocacy services to individuals and families living with HIV. By offering transitional housing and opportunities for education, employment, and housing, this organization assists individuals and families in challenging situations, helping them to rebuild their lives.
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Impact
October, 2024
Fifth Street Renaissance has made a significant impact in Springfield, IL, by addressing the critical issues of homelessness and HIV. By providing transitional housing programs, the organization helps individuals and families navigate barriers to independent living, offering not just shelter but also a pathway to stability.
The comprehensive services offered include assistance with education and employment opportunities, which are essential for fostering self-sufficiency. Furthermore, Fifth Street Renaissance emphasizes inclusive care and support for HIV+ individuals and their families. This advocacy not only meets immediate needs but also promotes long-term health and well-being, contributing to a healthier community overall.
In a city where many face the challenges of homelessness and health disparities, Fifth Street Renaissance stands out as a beacon of hope. Their commitment to community improvement ensures that the most vulnerable populations receive the support they need to rebuild their lives, thereby enhancing the overall quality of life in Springfield.
This information is meant to be a general summary of Fifth Street Renaissance. 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: $12,663
- Program Service Revenue: $862,737
- Gross Receipts: $3,522,246
Assets and Liabilities:
- Total Assets: $4,551,100
- Total Liabilities: $3,276,631
- Net Assets: $1,274,469
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program fees
Revenue
$862,737
Organization Details
Founding Year
1979
Phone
(217) 544-5040Principal Officer
Penny Harris-Powell
Main Address
1315 North Fifth Street, Springfield, IL, 62702
Website
www.fsr-sara.orgNTEE Category
Code: S21 - Community improvement
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