Overview
What is Hickory Haven Inc?
Hickory Haven Inc is a nonprofit organization, situated in Bird Island, Minnesota, dedicated to providing affordable housing for senior citizens who are physically or mentally handicapped. With a focus on promoting their overall well-being, this tax-exempt organization aims to make a positive impact on their residents' lives. By offering housing solutions, Hickory Haven Inc contributes to the community, ensuring that these individuals have a supportive living environment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58% (One-Star out of Four Star rating)
Hickory Haven Inc has received a One-Star rating from Charity Navigator, indicating significant room for improvement in its accountability and financial practices. The charity has a strong program expense ratio of 81.73%, suggesting that a large portion of its funds are directed towards its programs. The organization also exhibits strong governance, with a fully independent board and proper documentation of board meeting minutes.
However, the rating is marred by serious concerns regarding its financial health, with a liabilities to assets ratio of 183.84%, signaling potential financial instability. Additionally, the charity lacks essential policies, including a conflict of interest policy, a whistleblower policy, and a documented retention and destruction policy. These shortcomings could undermine donor trust and the organization’s long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Hickory Haven Inc legitimate?
Hickory Haven Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hickory Haven 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: $19,848
For more financial information, click here
What is the mission statement of Hickory Haven Inc?
Hickory Haven Inc, a non-profit organization, is dedicated to providing affordable housing for senior citizens who are physically or mentally handicapped. Its mission is centered around promoting their well-being. Operating on a tax-exempt basis, Hickory Haven aims to create an environment that fosters the overall well-being of its residents. While the specific location of Hickory Haven is Bird Island, MN, this information is not pertinent to the mission statement.
Who is the CEO of Hickory Haven Inc?
Julie Sander is the Chairperson of Hickory Haven Inc.
What is the revenue of Hickory Haven Inc?
Hickory Haven Inc's revenue in 2023 was $69,933.
Who are the executives of Hickory Haven Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Hickory Haven Inc?
Hickory Haven Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hickory Haven Inc
Hickory Haven Inc, a nonprofit organization, is dedicated to providing affordable housing for senior citizens who are physically or mentally handicapped. The mission of this organization is to enhance their well-being. Located in Bird Island, MN, Hickory Haven operates on a tax-exempt basis, offering a home that caters to the unique needs of its residents. The nonprofit's primary goal is to promote the overall well-being of these seniors, providing them with a living environment that suits their specific circumstances.
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Impact
August, 2024
Hickory Haven Inc has a significant impact by providing affordable housing to physically or mentally handicapped senior citizens in Bird Island, MN. Their mission of promoting the well-being of this vulnerable population is crucial in ensuring they have a safe and comfortable place to live. Through their tax-exempt operations, Hickory Haven Inc plays a vital role in supporting the independence and quality of life of handicapped seniors in the community.
This information is meant to be a general summary of Hickory Haven 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
- Program Service Revenue: $54,873
- Gross Receipts: $69,933
Assets and Liabilities:
- Total Assets: $363,969
- Total Liabilities: $669,136
- Net Assets: -$305,167
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$54,873
Organization Details
Phone
(320) 365-3748Principal Officer
Julie Sander
Main Address
BOX 520, BIRD ISLAND, MN, 55310
NTEE Category
Code: L80 - Housing
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