Overview
What is Fox Valley Mental Health Foundation?
The Fox Valley Mental Health Foundation is a non-profit organization based in Elgin, Illinois. Their primary mission is to provide affordable housing for individuals struggling with mental illness. This vital service aims to support those in need by offering a secure living environment that caters to their unique circumstances. Beyond housing, the Foundation's activities and mission are focused on this key objective, ensuring a safe and affordable living space for individuals dealing with mental health issues.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
The Fox Valley Mental Health Foundation has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The rating is based entirely on a single beacon score, showcasing the organization's strong commitment to financial health and transparency.
The foundation excels in several key areas, including having a fully independent board and maintaining a high program expense ratio of 91.55%, which suggests that a significant portion of its resources is allocated directly to its programs. Additionally, the absence of material diversion of assets and a documented conflict of interest policy further highlight its operational integrity.
While the overall score is positive, the rating reflects a singular focus on financial metrics without a broader evaluation of other factors such as program effectiveness. Nonetheless, the foundation's commitment to accountability positions it as a trustworthy organization in the mental health sector.
This AI summary has been generated from information found on Charity Navigator.
Is Fox Valley Mental Health Foundation legitimate?
Fox Valley Mental Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fox Valley Mental Health 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.
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What is the mission statement of Fox Valley Mental Health Foundation?
The Fox Valley Mental Health Foundation is dedicated to providing affordable housing for individuals suffering from mental illness. Their mission is centered around ensuring that those struggling with mental health issues have a place to call home. By offering affordable housing, the foundation aims to alleviate some of the burdens faced by these individuals, allowing them to focus on their recovery and well-being. The foundation's activities are solely focused on this mission, making a significant impact on the lives of those in need.
Who is the CEO of Fox Valley Mental Health Foundation?
Jennifer Wong is the Secretary of Fox Valley Mental Health Foundation.
What is the revenue of Fox Valley Mental Health Foundation?
Fox Valley Mental Health Foundation's revenue in 2023 was $243,267.
Who are the executives of Fox Valley Mental Health Foundation and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Fox Valley Mental Health Foundation?
Fox Valley Mental Health Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Fox Valley Mental Health Foundation
The Fox Valley Mental Health Foundation, a charitable organization, is dedicated to providing a vital service within the mental health community. Its mission is centered around offering affordable housing to individuals living with mental illnesses. By providing such accommodations, the Foundation aims to create a supportive environment where these individuals can thrive and receive the care they need. The Foundation's commitment to this cause is unwavering, working tirelessly to ensure that the housing they provide is accessible and affordable for those in need.
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Impact
June, 2024
Fox Valley Mental Health Foundation's impact is significant in providing affordable housing for individuals with mental illness in Elgin, Illinois. By offering this crucial support, the foundation contributes to enhancing the quality of life and stability for those facing mental health challenges. This assistance plays a vital role in promoting independence, access to necessary resources, and overall well-being for individuals in need of affordable housing solutions in the realm of mental health.
This information is meant to be a general summary of Fox Valley Mental Health 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 2023.
- Investment Income: $387
- Program Service Revenue: $242,880
- Gross Receipts: $243,267
Assets and Liabilities:
- Total Assets: $2,049,601
- Total Liabilities: $11,979
- Net Assets: $2,037,622
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS
Revenue
$242,880
Organization Details
Founding Year
2004
Phone
(847) 528-3147Principal Officer
Jennifer Wong
Main Address
802 WALNUT AVE, ELGIN, IL, 60123
NTEE Category
Code: F32 - Mental health
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