Overview
What is Shelter Housing Corporation?
Shelter Housing Corporation, doing business as The Bridge Home, is a nonprofit organization situated in Ames, Iowa. Their primary objective is to offer shelter and support to individuals and families experiencing homelessness, with the aim of preventing homelessness in the long term. By leveraging resources from organizations such as Marshalltown Area United Way and Central Iowa Housing Trust, they have expanded their capacity to accommodate more families in both Marshall and Boone counties. Their mission is to empathetically walk alongside individuals facing hardships, helping them regain hope and secure a home.
Official website here: www.thebridgehome.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star Rating)
The Bridge Home has achieved an impressive Four-Star rating from Charity Navigator, reflecting high accountability and financial health. This score is based entirely on their Accountability & Finance metrics, which they excel in, particularly with their completely independent board and strong financial oversight mechanisms. The organization's commitment to transparency is evident, as they maintain a comprehensive set of policies and documentation, including conflict of interest and whistleblower policies.
Strengths highlighted in their rating include a strong program expense ratio of 82.84%, indicating that a significant portion of their expenditures directly supports their mission. Additionally, the organization has a favorable liabilities to assets ratio and a solid working capital ratio, suggesting sound financial management and sustainability. The Bridge Home's governance structure is robust, with all board members being independent, which contributes to their overall effectiveness and integrity.
However, the organization does face some limitations in fundraising efficiency, with a ratio of $0.022, which may suggest challenges in generating funds relative to expenses. This could indicate a need for improvement in their fundraising strategies to enhance their financial resilience in the long term. Overall, The Bridge Home demonstrates a strong commitment to its mission, supported by solid financial practices and governance.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Shelter Housing Corporation?
86% of 12 reviewers on Facebook recommend Shelter Housing Corporation. Here’s a summary of their reviews:
Many individuals have expressed heartfelt gratitude towards the organization for providing crucial support during challenging times. One reviewer highlighted the importance of having a safe place to sleep and eat, as well as assistance in re-entering the workforce, demonstrating the nonprofit's dedication to addressing both immediate needs and long-term stability.
Overall, the sentiment is overwhelmingly positive, with the organization being recognized for its compassionate community-based approach to helping those in need. Users appreciate the essential services offered and the supportive environment that Shelter Housing Corporation fosters.
This AI summary has been generated from reviews found on Facebook.
Is Shelter Housing Corporation legitimate?
Shelter Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shelter Housing Corporation 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: $104,274
Professional Fundraising Fees: $0
Other Salaries and Wages: $663,457
For more financial information, click here
Official website here: www.thebridgehome.org
What is the mission statement of Shelter Housing Corporation?
The mission of Shelter Housing Corporation, operating as The Bridge Home, is centered around providing shelter and support to individuals experiencing homelessness. Their objective is to prevent individuals from becoming homeless in the first place. They carry out this mission by offering a shelter program that serves an increasing number of families, and have expanded their capacity through initiatives like an online overflow shelter. With the assistance of organizations like Marshalltown Area United Way and Central Iowa Housing Trust, they have expanded their shelter capabilities in both Marshall and Boone Counties. In essence, Shelter Housing Corporation walks with those who have faced hard times, aiming to restore hope and provide them with a home.
Official website here: www.thebridgehome.org
Who is the CEO of Shelter Housing Corporation?
Jodi Stumbo is the Ceo of Shelter Housing Corporation. The CEO's salary of Shelter Housing Corporation is $86,229 and their total compensation is $97,816.
Official website here: www.thebridgehome.org
What is the revenue of Shelter Housing Corporation?
Shelter Housing Corporation's revenue in 2023 was $2,735,602.
Official website here: www.thebridgehome.org
Who are the executives of Shelter Housing Corporation and what are their salaries?
The average compensation at Shelter Housing Corporation during 2023 was $22,580. There are 34 employees and 120 volunteers at Shelter Housing Corporation.
Here are 15 key members and their salaries (Shelter Housing Corporation's CEO's salary is $86,229 and their total compensation is $97,816):
- Compensation: $86,229
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- Other: $11,587
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Official website here: www.thebridgehome.org
Where can I find the form 990 for Shelter Housing Corporation?
Shelter Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thebridgehome.org
Learn more at the official website: www.thebridgehome.org
Mission Statement of Shelter Housing Corporation
Shelter Housing Corporation D/B/A The Bridge Home is an organization committed to providing shelter and support to individuals experiencing homelessness. Their mission is to extend a helping hand to those who have encountered hard times, assisting them in regaining hope and securing a home. The organization's shelter program has seen an increase in the number of families it serves, and they have expanded their capacity by bringing an overflow shelter online. This technological innovation allows them to house two additional families in Story County at any given time. Their efforts are backed by the support of Marshalltown Area United Way and Central Iowa Housing Trust, enabling them to extend their shelter capabilities in both Marshall and Boone Counties.
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Impact
July, 2024
The Bridge Home, operating under Shelter Housing Corporation, has a significant impact on providing shelter and support to individuals experiencing homelessness. Their efforts have led to an increase in capacity for shelter services in Story, Marshall, and Boone counties in Iowa. By partnering with organizations like Marshalltown Area United Way and Central Iowa Housing Trust, they have been able to house additional families and provide vital assistance to those in need. The organization's mission to walk alongside individuals facing difficult circumstances and help them find hope and a home exemplifies their commitment to making a positive difference in the lives of those affected by homelessness.
This information is meant to be a general summary of Shelter Housing Corporation. 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: $429
- Gross Receipts: $2,735,602
Assets and Liabilities:
- Total Assets: $3,551,386
- Total Liabilities: $1,359,044
- Net Assets: $2,192,342
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Organization Details
Founding Year
1985
Phone
(515) 232-8075Principal Officer
Jodi Stumbo
Main Address
225 S KELLOGG AVE, AMES, IA, 50010
Website
www.thebridgehome.orgNTEE Category
Code: L41Z - Housing
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