Overview
What is Portal-Foster Center Inc?
Portal-Foster Center Inc, a nonprofit organization situated in Madison, Wisconsin, is primarily dedicated to providing affordable and subsidized housing for adults with severe developmental disabilities. Their mission extends beyond just housing, as they also advocate for the well-being of these individuals, promoting their education, physical, emotional, and social development. Volunteer property management helps keep costs low for residents, while distributions to qualified exempt organizations under Section 501(C)(3) of the IRC further support their cause. Additionally, they engage in various activities and services to enhance the lives of those with developmental disabilities, aiming to promote independence, health, and security.
Is Portal-Foster Center Inc legitimate?
Portal-Foster Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Portal-Foster Center 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:
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What is the mission statement of Portal-Foster Center Inc?
Portal-Foster Center Inc's mission is centered around providing advocacy and affordable subsidized housing for adults with severe developmental disabilities. The organization owns and manages several properties, keeping costs low for residents through volunteer property management and distributions to qualified exempt organizations. Additionally, they establish and operate programs that promote the educational, physical, emotional, and social well-being of individuals with severe disabilities. Portal-Foster Center Inc engages in various activities and services to support the housing needs of disabled individuals, offering facilities and services specifically designed to meet their physical, social, and psychological needs. The aim is to promote independence, health, and security for these individuals.
Who is the CEO of Portal-Foster Center Inc?
Diane Krause is the President of Portal-Foster Center Inc.
What is the revenue of Portal-Foster Center Inc?
Portal-Foster Center Inc's revenue in 2022 was $106,456.
Who are the executives of Portal-Foster Center Inc and what are their salaries?
There 9 volunteers at Portal-Foster Center Inc.
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Where can I find the form 990 for Portal-Foster Center Inc?
Portal-Foster Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Portal-Foster Center Inc
Portal-Foster Center Inc, a nonprofit organization, is dedicated to providing advocacy and affordable housing for adults with severe developmental disabilities. Their mission is twofold: firstly, they manage four properties that offer subsidized housing for these individuals, keeping costs low through volunteer property management and distributing funds to exempt organizations under Section 501(C)(3) of the IRC. Secondly, they establish and run programs aimed at promoting the educational, physical, emotional, and social well-being of individuals with disabilities. Their ultimate goal is to offer housing facilities and services specifically designed to meet the unique physical, social, and psychological needs of these individuals, fostering independence, health, and security.
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Impact
October, 2024
Portal-Foster Center Inc significantly enhances the quality of life for adults with severe developmental disabilities by providing affordable, subsidized housing. By managing four dedicated properties, the organization ensures that residents have access to safe and supportive living environments tailored to their unique needs.
The center not only focuses on housing but also emphasizes the holistic well-being of its residents. Through volunteer property management, costs are kept low, which is vital for ensuring that financial barriers do not impede access to essential services. By creating and operating programs that promote educational, physical, emotional, and social development, Portal-Foster Center fosters independence and security for individuals with disabilities.
Additionally, the organization actively engages in advocacy efforts, ensuring that the voices of adults with developmental disabilities are heard and their rights protected. This comprehensive approach not only improves housing stability but also enriches the lives of residents by nurturing their personal growth and community integration.
This information is meant to be a general summary of Portal-Foster Center 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 2022.
- Investment Income: $2,142
- Program Service Revenue: $103,314
- Gross Receipts: $106,456
Assets and Liabilities:
- Total Assets: $946,630
- Total Liabilities: $28,600
- Net Assets: $918,030
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$103,314
Organization Details
Founding Year
1965
Phone
(608) 255-2284Principal Officer
Diane Krause
Main Address
PO BOX 5025, MADISON, WI, 537055025
NTEE Category
Code: L99 - Housing
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