Overview
What is Westbay Inc?
Westbay Inc is a nonprofit organization situated in Superior, Wisconsin, with a specific focus on providing housing for individuals battling chronic mental illness. They operate six housing units, with rents subsidized by the U.S. Department of Housing and Urban Development. Their primary mission is to create homes for people with disabilities, upholding the charitable works and teachings of the Roman Catholic Church. They strive to offer safe and affordable housing opportunities, aligning with the principles of Catholic Social teachings.
Official website here: www.ccbsuperior.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Westbay Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The overall score is notably derived from a comprehensive assessment of various operational metrics, showcasing the organization’s commitment to transparency and ethical governance.
The organization demonstrates exceptional governance with a fully independent board, where all 10 members are independent, contributing significantly to its high score. Additionally, there are no reported issues regarding the material diversion of assets, and Westbay Inc adheres to best practices by having a well-documented conflict of interest policy, whistleblower policy, and proper document retention protocols. Its financial health is also noteworthy, with a low liabilities-to-assets ratio and a significant portion of expenses directed towards its programs.
Despite the strengths, it's essential for potential donors and stakeholders to stay informed about ongoing operations and impact measures. However, the current data indicates Westbay Inc's strong commitment to responsible financial management and governance, making it a trustworthy organization in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Westbay Inc legitimate?
Westbay Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Westbay 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,951
For more financial information, click here
Official website here: www.ccbsuperior.org
What is the mission statement of Westbay Inc?
Westbay Inc's mission is centered around providing housing for individuals with disabilities, specifically those dealing with chronic mental illness. This mission aligns with the charitable works and traditions of the Roman Catholic Church. In accordance with Catholic Social teachings, Westbay Inc works to create safe and affordable housing opportunities. Their housing provision currently includes six units, with rents subsidized by the U.S. Department of Housing and Urban Development, housing six tenants.
Official website here: www.ccbsuperior.org
What is the revenue of Westbay Inc?
Westbay Inc's revenue in 2024 was $44,927.
Official website here: www.ccbsuperior.org
Who are the executives of Westbay Inc and what are their salaries?
There 5 volunteers at Westbay Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ccbsuperior.org
Where can I find the form 990 for Westbay Inc?
Westbay Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ccbsuperior.org
Learn more at the official website: www.ccbsuperior.org
Mission Statement of Westbay Inc
Westbay Inc, guided by the teachings of the Roman Catholic Church, is committed to a mission that revolves around providing safe and affordable housing for individuals with disabilities, specifically those struggling with chronic mental illness. In alignment with Catholic Social teachings, this nonprofit organization strives to create homes for these vulnerable individuals, ensuring their rents are subsidized by the U.S. Department of Housing and Urban Development. Westbay Inc currently houses six such tenants in six units of accommodation, demonstrating its dedication to making a positive impact in the lives of those in need.
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Impact
August, 2024
Westbay Inc provides housing facilities for low-income individuals with chronic mental illness in Superior, WI. Specifically, they offer 6 units of housing for individuals whose rents are subsidized by the U.S. Department of Housing and Urban Development. By creating safe and affordable housing opportunities, Westbay Inc is making a tangible impact on the lives of those with disabilities in accordance with the charitable works and traditions of the Roman Catholic Church.
This information is meant to be a general summary of Westbay 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: $93
- Program Service Revenue: $20,318
- Gross Receipts: $44,927
Assets and Liabilities:
- Total Assets: $283,015
- Total Liabilities: $5,614
- Net Assets: $277,401
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tenant Fees
Revenue
$20,318
Organization Details
Founding Year
1999
Principal Officer
Alan Rock
Website
www.ccbsuperior.orgNTEE Category
Code: B28 - Education
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