Overview
What is Hiawatha Homes Foundation?
The Hiawatha Homes Foundation is a nonprofit organization based in Rochester, Minnesota, specifically at 1820 Valkyrie Drive NW. Its primary mission is to provide support for Hiawatha Homes, Inc., a related nonprofit organization, through public relations activities and by cultivating and managing gifts intended to benefit people supported by Hiawatha Homes' programs. The foundation aims to develop, secure, and manage financial resources for Hiawatha Homes, Inc., thereby enabling it to offer a range of residential, in-home, and community-based choices for people with disabilities. This support from the Hiawatha Homes Foundation empowers Hiawatha Homes to continue providing care and services for those who need it most.
Official website here: www.hiawathahomes.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Hiawatha Homes Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The foundation's score is derived entirely from its accountability measures, showcasing a commitment to transparency and responsible financial management. With a perfect score for independent board members and a solid financial oversight framework, the organization demonstrates a high level of governance.
Strengths highlighted include a well-structured board composed entirely of independent members, which enhances objectivity in decision-making. The organization also excels in its financial health, indicated by a program expense ratio of over 72%, signifying that a significant portion of its resources is directed toward its mission. Additionally, the foundation has established robust policies for conflict of interest, whistleblowing, and document retention, reinforcing its commitment to ethical standards.
No notable limitations were identified in the available data, indicating that Hiawatha Homes Foundation is operating effectively and efficiently. Overall, the foundation's strong financial practices and governance policies position it as a trustworthy organization in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Hiawatha Homes Foundation legitimate?
Hiawatha Homes Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hiawatha Homes 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $63,665
Professional Fundraising Fees: $0
Other Salaries and Wages: $90,107
For more financial information, click here
Official website here: www.hiawathahomes.org
What is the mission statement of Hiawatha Homes Foundation?
The Hiawatha Homes Foundation's mission is centered around managing and securing financial resources for the betterment of Hiawatha Homes, Inc., an organization focused on providing residential, in-home, and community-based choices for individuals with disabilities. In particular, the foundation aims to develop financial resources that will support the work of Hiawatha Homes, Inc. This is achieved through various means, including engaging in public relations activities and managing gifts given in benefit of people supported by Hiawatha Homes, Inc.'s programs.
Official website here: www.hiawathahomes.org
Who is the CEO of Hiawatha Homes Foundation?
Cindy S Ostrowski is the Director of Hiawatha Homes Foundation. The CEO's salary of Hiawatha Homes Foundation is $0 and their total compensation is $112,764.
Official website here: www.hiawathahomes.org
What is the revenue of Hiawatha Homes Foundation?
Hiawatha Homes Foundation's revenue in 2022 was $925,968.
Official website here: www.hiawathahomes.org
Who are the executives of Hiawatha Homes Foundation and what are their salaries?
There 200 volunteers at Hiawatha Homes Foundation.
Here are 19 key members and their salaries (Hiawatha Homes Foundation's CEO's salary is $0 and their total compensation is $112,764):
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- Related: $109,187
- Other: $3,577
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- Related: $78,570
- Other: $11,260
- Compensation: $0
- Related: $63,220
- Other: $445
Official website here: www.hiawathahomes.org
Where can I find the form 990 for Hiawatha Homes Foundation?
Hiawatha Homes Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hiawathahomes.org
Learn more at the official website: www.hiawathahomes.org
Mission Statement of Hiawatha Homes Foundation
The Hiawatha Homes Foundation is dedicated to supporting Hiawatha Homes, Inc., a non-profit organization that provides residential, in-home, and community-based choices for people with disabilities. In pursuit of this mission, the Foundation develops, secures, and manages financial resources to benefit Hiawatha Homes, Inc. This financial support is crucial in enabling Hiawatha Homes, Inc. to deliver essential services to those in need. The Foundation's activities extend beyond mere financial management, as they also involve public relations efforts and the cultivation and management of gifts given to benefit the people supported by Hiawatha Homes, Inc.'s programs. In essence, the Hiawatha Homes Foundation plays a vital role in enhancing the quality of life for individuals with disabilities by providing essential financial support to Hiawatha Homes, Inc.
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Impact
June, 2024
Hiawatha Homes Foundation plays a crucial role in enhancing the quality of life for individuals with disabilities by developing, securing, and managing financial resources for the benefit of Hiawatha Homes, Inc. Through strategic support and fundraising efforts, the foundation ensures that individuals supported by Hiawatha Homes have access to residential, in-home, and community-based services tailored to their specific needs. By cultivating and managing gifts, the foundation helps sustain and expand the impactful programs offered by Hiawatha Homes, ultimately making a positive difference in the lives of people with disabilities in the Rochester, MN community.
This information is meant to be a general summary of Hiawatha Homes 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 2022.
- Investment Income: $98,311
- Program Service Revenue: $378,000
- Gross Receipts: $1,952,894
Assets and Liabilities:
- Total Assets: $8,733,375
- Total Liabilities: $49,089
- Net Assets: $8,684,286
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL
Revenue
$378,000
Organization Details
Founding Year
1983
Phone
(507) 289-7222Principal Officer
Cindy S Ostrowski
Main Address
1820 VALKYRIE DR NW, ROCHESTER, MN, 55901
Website
www.hiawathahomes.orgNTEE Category
Code: F33J - Mental health
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