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Welcome Home Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 431372690 ✦ Columbia, MO ✦ Designated as a 501(c)(3)

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Overview

What is Welcome Home Inc?

Welcome Home Inc is a nonprofit organization, located in Columbia, Missouri, specifically at 2120 BUSINESS LOOP 70 E. Their primary mission is to provide transitional housing and supportive services for veterans of the United States military who are currently homeless or at risk of becoming homeless. With a dedicated team of 35 employees, Welcome Home Inc is committed to honoring these veterans and restoring their lives. Their activities include offering a welcoming environment where veterans can regain stability and independence, ensuring they receive the care and resources they need to overcome their challenges.


Official website here: www.welcomeveterans.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86% (Three-Star out of Four Star rating)

Welcome Home Inc has received a solid rating of 86% from Charity Navigator, reflecting strong accountability and financial health. With an impressive Accountability & Finance Score of 96, the organization demonstrates effective management of its resources, with a program expense ratio of 78.37%. Additionally, they maintain a low liabilities to assets ratio of 7.14%, indicating financial stability.

The nonprofit excels in its community involvement and leadership, achieving perfect scores in Culture & Community, as well as Leadership & Adaptability. They have a fully independent board of 15 members, which strengthens governance and oversight. Moreover, they have established comprehensive policies for conflict of interest and whistleblower protections, ensuring transparency and ethical practices.

Despite their high scores in various areas, the Impact & Measurement Score stands at 73. While this is a respectable score, it suggests potential for improvement in understanding and measuring the true impact of their programs. However, the organization effectively uses program results to inform future initiatives and strategic planning, indicating a commitment to continuous improvement.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Welcome Home Inc?

92% of 24 reviewers on Facebook recommend Welcome Home Inc. Here is a summary of their reviews:

Many users express deep appreciation for the organization, highlighting it as a welcoming and supportive environment for veterans. The sentiment conveyed is overwhelmingly positive, with remarks about the compassionate services and sense of community provided by Welcome Home Inc.

Overall, it seems that the nonprofit successfully fulfills its mission of supporting veterans, creating a place where they feel valued and cared for. The positive feedback underscores a strong level of satisfaction among those involved, indicating that Welcome Home Inc. truly makes a difference in the lives of veterans.


This AI summary has been generated from reviews found on Facebook.

Is Welcome Home Inc legitimate?

Welcome Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Welcome Home 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: $104,918
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,102,847

For more financial information, click here


Official website here: www.welcomeveterans.org

What is the mission statement of Welcome Home Inc?

Welcome Home Inc's mission is centered around honoring veterans and restoring their lives. In pursuit of this goal, the organization provides transitional housing and supportive services for United States military veterans who are currently homeless or at risk of becoming homeless. By offering these vital resources, Welcome Home Inc aims to make a significant impact in the lives of these veterans, helping them regain stability and rebuild their lives.


Official website here: www.welcomeveterans.org

Who is the CEO of Welcome Home Inc?

Megan Sievers is the President of Welcome Home Inc.


Official website here: www.welcomeveterans.org

What is the revenue of Welcome Home Inc?

Welcome Home Inc's revenue in 2022 was $2,247,044.


Official website here: www.welcomeveterans.org

Who are the executives of Welcome Home Inc and what are their salaries?

The average compensation at Welcome Home Inc during 2022 was $34,508. There are 35 employees at Welcome Home Inc.


Here are 15 key members and their salaries:


Jenny Lorenz-Rudkin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcus Glover (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tanner Sutton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Fitch (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Roberts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ross Bridges (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Chapman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vernette Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Gruender (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Sticken (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanie Mains (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Howser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shay Roush (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruno Greco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Sievers (Executive Director)
  • Compensation: $104,918
  • Related: $0
  • Other: $0


Official website here: www.welcomeveterans.org

Where can I find the form 990 for Welcome Home Inc?

Welcome Home Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.welcomeveterans.org

Learn more at the official website: www.welcomeveterans.org

Mission Statement of Welcome Home Inc

Welcome Home Inc, a nonprofit organization, is dedicated to honoring veterans and restoring their lives. Their mission is centered around providing transitional housing and supportive services for veterans of the United States military who are currently homeless or at risk of becoming homeless. By offering these essential resources, Welcome Home Inc aims to make a significant impact in the lives of these veterans, helping them regain stability and independence.

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Impact




July, 2024

Welcome Home Inc's impact lies in its dedicated efforts to honor veterans and restore lives. By providing transitional housing and supportive services for homeless or at-risk veterans of the United States military, Welcome Home works tirelessly to make a meaningful difference in the lives of those who have served our country. Their mission goes beyond providing shelter - it aims to uplift veterans and help them reintegrate into society with dignity and support. Through their work in Columbia, MO, Welcome Home exemplifies the public benefit that comes from their commitment to serving those who have bravely served our nation.




This information is meant to be a general summary of Welcome Home 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.

Revenue
$2,247,044 (2022)
Expenses
$2,193,343 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$24,099
  • Gross Receipts: $2,369,012

Assets and Liabilities:

  • Total Assets: $4,955,873
  • Total Liabilities: $239,958
  • Net Assets: $4,715,915

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Organization Details

Founding Year

1985

Principal Officer

Megan Sievers

Main Address

2120 BUSINESS LOOP 70 E, COLUMBIA, MO, 65201

NTEE Category

Code: W30 - Public benefit

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