Overview
What is Keystone Place Inc?
Keystone Place Inc is a nonprofit organization dedicated to assisting individuals and families experiencing homelessness. Their primary function includes operating as a homeless shelter, offering emergency accommodation and case management services. In case the shelter is full, they also provide temporary shelter at motels. Furthermore, Keystone Place offers rapid rehousing and homeless prevention services, which encompass case management and financial assistance paid to a third party. This comprehensive approach aims to support individuals and families in regaining stability and independence.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Keystone Place Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that while it meets some industry standards, there are several areas needing improvement. The organization scored 69% overall, reflecting strengths in governance with a fully independent board and compliance policies. However, the lack of financial statements significantly impacted its overall accountability and finance score, which stands at 75.
One of Keystone Place's notable strengths is its Program Expense Ratio, which is exceptionally high at 99.12%, suggesting that nearly all funds are directed towards program activities. Additionally, the organization successfully provides emergency shelter services, demonstrating effective program delivery in a critical area. However, its Impact & Measurement score of 65 shows that there may be room for enhancing their evaluation practices to better assess the outcomes of their services.
Despite its commendable program focus, Keystone Place faces challenges in financial transparency, as evidenced by the absence of financial statements. Improving in this area, alongside enhancing impact evaluations, could lead to greater trust and support from donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Keystone Place Inc legitimate?
Keystone Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Keystone Place 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: $82,135
Professional Fundraising Fees: $1,825
Other Salaries and Wages: $129,309
For more financial information, click here
What is the mission statement of Keystone Place Inc?
Keystone Place Inc is a homeless shelter committed to assisting families and single adults in need. Their primary mission involves offering case management services, providing emergency shelter, and offering temporary motel stays when the shelter is full. Furthermore, Keystone Place implements rapid rehousing and homeless prevention programs. These services encompass case management and financial aid distributions to relevant third parties.
What is the revenue of Keystone Place Inc?
Keystone Place Inc's revenue in 2023 was $1,076,396.
Who are the executives of Keystone Place Inc and what are their salaries?
The average compensation at Keystone Place Inc during 2023 was $26,430. There are 8 employees and 6 volunteers at Keystone Place Inc.
Here are 7 key members and their salaries:
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- Compensation: $34,494
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- Other: $7,023
- Compensation: $40,618
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- Other: $0
Where can I find the form 990 for Keystone Place Inc?
Keystone Place Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Keystone Place Inc
Keystone Place Inc, as a homeless shelter, is dedicated to assisting families and single adults in need. Their mission is twofold: providing emergency shelter and case management services. When the shelter is at capacity, they also offer temporary lodging in motels for emergency shelter nights. Beyond these immediate needs, Keystone Place Inc also offers rapid rehousing and homeless prevention services. These services include case management and financial assistance paid to third parties. The ultimate goal of Keystone Place Inc is to help individuals and families transition out of homelessness and prevent future homelessness situations.
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Impact
July, 2024
Keystone Place Inc's impact lies in providing crucial support to homeless families and single adults in Centreville, Michigan. Their homeless shelter offers not only emergency shelter but also case management services to help individuals and families transition out of homelessness. Additionally, Keystone Place offers rapid rehousing and homeless prevention services, demonstrating a commitment to addressing the root causes of homelessness in the community. Through their work, Keystone Place contributes significantly to improving the lives of those experiencing housing instability and insecurity.
This information is meant to be a general summary of Keystone Place 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
- Gross Receipts: $1,295,994
Assets and Liabilities:
- Total Assets: $604,189
- Total Liabilities: $330,485
- Net Assets: $273,704
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Organization Details
Founding Year
2001
Principal Officer
Anita Harper
NTEE Category
Code: L41 - Housing
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