Overview
What is Essex Of Waunakee Inc?
Essex Of Waunakee Inc, located in Waunakee, Wisconsin, operates as a nonprofit organization, dedicated to providing housing, assisted care, community services, and other support for active senior citizens. The organization incurs expenses for maintaining the housing units, upkeep, and related costs. With a team of 13 dedicated individuals, Essex Of Waunakee Inc aims to offer a comprehensive living solution for senior citizens, ensuring they live comfortably and with a sense of community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, Two-Star out of Four Stars
Essex Of Waunakee Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and transparency. With a score of 72%, the organization demonstrates a solid commitment to financial management practices, highlighted by a high program expense ratio of 87.57%, which suggests that the majority of its expenses are directed towards its mission-related activities.
The organization notably features a majority of independent board members, scoring 8 out of 8 in that area, which is a positive indicator of governance. Additionally, it has implemented several important policies, including those for conflict of interest, whistleblower protection, and document retention, all of which received full scores. However, the independent board size was rated poorly, indicating a potential area for improvement in governance structure.
Despite these strengths, Essex Of Waunakee Inc has a liabilities to assets ratio of 72.45%, which may raise concerns about its financial stability. Overall, while there are commendable aspects of its operations, the organization could benefit from enhancing its board independence and addressing its financial liabilities.
This AI summary has been generated from information found on Charity Navigator.
Is Essex Of Waunakee Inc legitimate?
Essex Of Waunakee Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Essex Of Waunakee 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: $186,546
For more financial information, click here
What is the mission statement of Essex Of Waunakee Inc?
Essex of Waunakee Inc. is committed to providing housing, assisted care, community services, and other necessary support to active senior citizens. Their mission is to enhance the living experience of elderly individuals, offering them a nurturing environment where they can maintain an active lifestyle. The organization incurs expenses for the upkeep and maintenance of housing units, ensuring that senior citizens live in comfortable and well-maintained residences.
Who is the CEO of Essex Of Waunakee Inc?
Michael Fiandaca is the President of Essex Of Waunakee Inc.
What is the revenue of Essex Of Waunakee Inc?
Essex Of Waunakee Inc's revenue in 2022 was $752,512.
Who are the executives of Essex Of Waunakee Inc and what are their salaries?
The average compensation at Essex Of Waunakee Inc during 2022 was $14,350. There are 13 employees at Essex Of Waunakee Inc.
Here are 3 key members and their salaries:
- Compensation: $58,154
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Essex Of Waunakee Inc?
Essex Of Waunakee Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Essex Of Waunakee Inc
Essex of Waunakee Inc, as a nonprofit organization, is committed to providing housing, assisted care, community, and various other services to active senior citizens. Their mission is to ensure that these senior citizens live with dignity and independence, offering them the necessary support to maintain their quality of life. The organization incurs expenses to provide upkeep and maintenance of housing units, as well as related costs, all with the aim of providing a comfortable living environment for senior citizens. By offering housing and assisted care, Essex of Waunakee Inc plays a vital role in supporting the needs of this demographic, enabling them to continue living actively and productively.
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Impact
July, 2024
Essex of Waunakee Inc has a significant impact on the community by providing housing, assisted care, and various other services to active senior citizens in the Waunakee area. This organization plays a crucial role in enhancing the quality of life for seniors, ensuring they have access to safe and supportive living environments. Through their mission to cater to the needs of active seniors, Essex of Waunakee Inc positively contributes to the well-being and welfare of the local senior population, ultimately improving the overall community's quality of life.
This information is meant to be a general summary of Essex Of Waunakee 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 2022.
- Investment Income: $163
- Program Service Revenue: $699,009
- Gross Receipts: $752,512
Assets and Liabilities:
- Total Assets: $3,634,253
- Total Liabilities: $2,626,546
- Net Assets: $1,007,707
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$699,009
Organization Details
Founding Year
2013
Principal Officer
Michael Fiandaca
Main Address
5477 WESTSHIRE CIR, WAUNAKEE, WI, 53597
NTEE Category
Code: S21Z - Community improvement
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