Overview
What is Ada Homes Inc?
Ada Homes Inc, situated undisclosed, is a dedicated nonprofit organization committed to supporting individuals with developmental disabilities. They deliver care through comprehensive programs that encompass housing, nutrition, and transportation needs. By offering these services, Ada Homes strives to create an environment where these individuals can thrive and lead fulfilling lives. Their mission is firmly rooted in providing essential care for those with developmental disabilities, aiming to enhance their overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating.
Ada Homes Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in Accountability & Finance. The overall score is derived entirely from its accountability metrics, indicating a high level of transparency and financial responsibility. Notably, the organization boasts a 90% score in this category, with key highlights including a fully independent board and a solid financial statement review process.
The charity demonstrates excellent governance practices, with 75% of its board members being independent and meeting all requirements for board size and policies. Ada Homes Inc has no reported material diversion of assets and maintains robust conflict of interest and whistleblower policies, ensuring ethical operations. Its liabilities to assets ratio of 20.45% and a program expense ratio of 75.61% suggest a strong commitment to dedicating resources toward its mission.
Overall, Ada Homes Inc stands out for its financial health and governance practices. While the data does not mention specific programs or impact metrics, the organization's focus on accountability positions it well for continued trust and support from its donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Ada Homes Inc legitimate?
Ada Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ada Homes 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: $91,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $372,884
For more financial information, click here
What is the mission statement of Ada Homes Inc?
Ada Homes Inc., in its mission, focuses on providing care for individuals with developmental disabilities. The organization accomplishes this by offering comprehensive programs that include accommodation, meals, and transportation services. By doing so, Ada Homes aims to support these individuals in their daily living, ensuring they receive the necessary assistance they require. The programs are designed to cater to their unique needs, promoting their overall well-being and quality of life.
What is the revenue of Ada Homes Inc?
Ada Homes Inc's revenue in 2024 was $608,982.
Who are the executives of Ada Homes Inc and what are their salaries?
The average compensation at Ada Homes Inc during 2024 was $28,993. There are 16 employees and 2 volunteers at Ada Homes Inc.
Here are 4 key members and their salaries:
- Compensation: $84,000
- 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 Ada Homes Inc?
Ada Homes Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Ada Homes Inc
Ada Homes Inc, a dedicated nonprofit organization, is committed to providing care for individuals with developmental disabilities. Their mission is to offer comprehensive support, ensuring these individuals have access to essential services such as housing, meals, and transportation. Through their programs, Ada Homes Inc provides a living environment that caters to their unique needs, facilitating their daily life and enabling them to thrive.
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Impact
July, 2024
Ada Homes Inc's impact is significant in providing care for developmentally disabled individuals through programs that offer room, boarding, and transportation services. Their dedication to supporting this vulnerable population in Southfield, Michigan, is evident in their mission to ensure these individuals receive the care and assistance they need to lead fulfilling lives. Through their housing-focused services, Ada Homes Inc plays a crucial role in enhancing the quality of life for those with developmental disabilities in their community.
This information is meant to be a general summary of Ada Homes 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 2024.
- Investment Income: $9,238
- Gross Receipts: $608,982
Assets and Liabilities:
- Total Assets: $457,401
- Total Liabilities: $175,282
- Net Assets: $282,119
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Organization Details
Founding Year
1992
Principal Officer
Josephine Uwazurike
NTEE Category
Code: L20Z - Housing
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