Overview
What is Waypoint Services?
Waypoint Services is a nonprofit organization, established in 1894, initially functioning as the Cedar Rapids chapter of the Young Women's Christian Association (YWCA). Over the years, its mission has remained steadfast in empowering local women and improving their lives. The organization offers a variety of proactive services and resources, including its Shelter and Housing Program, Domestic Violence Victim Services, and high-quality, affordable child care. These initiatives aim to support individuals in crisis due to homelessness, poverty, or domestic violence, and provide quality childcare to over 400 children daily, regardless of their socio-economic backgrounds.
Official website here: www.waypointservices.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)**
Waypoint Services has achieved a remarkable Four-Star rating from Charity Navigator, indicative of its stellar accountability and financial health. With a perfect score in the Accountability & Finance category, the organization demonstrates strong governance, transparency, and a robust financial footing. The high percentages in independent board membership and thorough audit practices further underscore its commitment to responsible management.
The organization excels in program expenses, allocating more than 81% of its resources directly to programs, which highlights a focused mission on delivering effective services. However, it faces a notable challenge in its Culture & Community score, which stands at 73, reflecting areas for improvement in its equity practices, currently limited to just one implemented strategy.
User reviews from GreatNonprofits could not be fetched, so insights from public sentiment regarding community experiences or criticisms are not available. Nonetheless, the solid financial and governance ratings position Waypoint Services as a trustworthy nonprofit dedicated to its cause.
This AI summary has been generated from information found on Charity Navigator.
Is Waypoint Services legitimate?
Waypoint Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waypoint Services 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: $309,719
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,038,635
For more financial information, click here
Official website here: www.waypointservices.org
What is the mission statement of Waypoint Services?
Waypoint Services has been committed to enhancing the lives of individuals in need since its establishment in 1894. Originally known as the Cedar Rapids chapter of the Young Women's Christian Association (YWCA), its mission has evolved over time while maintaining a focus on empowerment. The organization offers proactive services and resources, such as its Shelter and Housing Program, Domestic Violence Victim Services, and high-quality, affordable child care, to help move people forward. Waypoint Services continues to dedicate itself to improving living conditions and providing support for those struggling with homelessness, poverty, or domestic violence.
Official website here: www.waypointservices.org
Who is the CEO of Waypoint Services?
Jaye Kennedy is the Ceo of Waypoint Services. The CEO's salary of Waypoint Services is $113,195 and their total compensation is $118,918.
Official website here: www.waypointservices.org
What is the revenue of Waypoint Services?
Waypoint Services's revenue in 2022 was $8,326,073.
Official website here: www.waypointservices.org
Who are the executives of Waypoint Services and what are their salaries?
The average compensation at Waypoint Services during 2022 was $20,038. There are 217 employees and 114 volunteers at Waypoint Services.
Here are 27 key members and their salaries (Waypoint Services's CEO's salary is $113,195 and their total compensation is $118,918):
- Compensation: $113,195
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Official website here: www.waypointservices.org
Where can I find the form 990 for Waypoint Services?
Waypoint Services's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.waypointservices.org
Learn more at the official website: www.waypointservices.org
Mission Statement of Waypoint Services
Waypoint Services, established in 1894, has dedicated its mission to better the lives of individuals in crisis. Originating as the Cedar Rapids chapter of the Young Women's Christian Association (YWCA), Waypoint has focused on empowering local women to improve their circumstances. Over the years, Waypoint has expanded its scope and now offers proactive services and resources to individuals beyond just women.
At its core, Waypoint provides shelter and housing programs for those struggling with homelessness or poverty. Its mission extends further to assist victims of domestic violence, offering them vital support services. Additionally, Waypoint provides high-quality, affordable childcare to over 400 children daily, catering to individuals from all socio-economic backgrounds. By offering these comprehensive services, Waypoint aims to move people forward, helping them rebuild their lives and overcome the challenges they face.
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Impact
July, 2024
Waypoint Services plays a crucial role in providing shelter and support to individuals in crisis due to homelessness, poverty, or domestic violence. Additionally, they offer quality child care to over 400 children daily across all socio-economic levels. Since 1894, Waypoint has been committed to improving the lives of those in need, with a focus on empowering women to enhance their circumstances. By offering proactive services such as Shelter and Housing Programs, Domestic Violence Victim Services, and affordable child care, Waypoint effectively moves people forward and makes a significant impact in the community.
This information is meant to be a general summary of Waypoint Services. 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: -$41,959
- Program Service Revenue: $2,718,163
- Gross Receipts: $8,458,637
Assets and Liabilities:
- Total Assets: $13,237,865
- Total Liabilities: $591,324
- Net Assets: $12,646,541
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILD CARE FEES
Revenue
$2,718,163
Organization Details
Founding Year
1894
Phone
(319) 365-1458Principal Officer
Jaye Kennedy
Main Address
318 5TH ST SE, CEDAR RAPIDS, IA, 52401
Website
www.waypointservices.orgNTEE Category
Code: P270 - Human services
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