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Martha's Vineyard Foundation Inc

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

EIN: 464566771 ✦ Pensacola, FL ✦ Designated as a 501(c)(3)

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Overview

What is Martha's Vineyard Foundation Inc?

Martha's Vineyard Foundation Inc, located in Pensacola, Florida, serves as a compassionate shelter for families whose loved ones are undergoing medical treatment at local hospitals. This nonprofit organization offers temporary housing at no cost, aiming to alleviate the financial and emotional strain during these challenging times. With a dedicated team of two individuals, Martha's Vineyard Foundation Inc provides a supportive environment for families, enabling them to focus on their loved ones' recovery.


Official website here: www.marthasvineyardpensacola@wordpress.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83%, Three-Star out of Four Star Rating. This rating reflects the nonprofit's strong focus on accountability and finance, highlighted by its excellent score in these areas. The organization has achieved a commendable 83% in its accountability and finance metrics, which indicates a solid level of financial health and transparency.

The Martha's Vineyard Foundation Inc has shown a commitment to governance, with 90% of its board comprised of independent members, demonstrating effective oversight. The organization has no reported material diversions of assets, which is a positive indicator of ethical management. Furthermore, it maintains a clear conflict of interest policy and provides accessible documentation of board meeting minutes.

However, the foundation lacks a whistleblower policy and does not have a document retention and destruction policy in place, which may raise concerns about its internal governance practices. Despite this, the foundation is effectively utilizing its resources, with a program expense ratio of nearly 74%, indicating that a significant portion of its budget is directed towards its mission-related activities.


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

Is Martha's Vineyard Foundation Inc legitimate?

Martha's Vineyard Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Martha's Vineyard Foundation 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: $12,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,572

For more financial information, click here


Official website here: www.marthasvineyardpensacola@wordpress.com

What is the mission statement of Martha's Vineyard Foundation Inc?

Martha's Vineyard Foundation Inc has a mission to offer temporary accommodation at no cost, providing support and sustenance to families of seriously ill or injured adults and children undergoing treatment at local hospitals. This organization aims to alleviate the financial and emotional burdens these families face during their loved ones' medical journeys. By offering a temporary home, Martha's Vineyard Foundation Inc allows families to focus on their loved ones' recovery, ensuring they receive the necessary care without the additional stress of housing concerns. The foundation's activities are dedicated to serving and supporting these families during their challenging times.


Official website here: www.marthasvineyardpensacola@wordpress.com

Who is the CEO of Martha's Vineyard Foundation Inc?

Mary M Tackett is the Director of Martha's Vineyard Foundation Inc.


Official website here: www.marthasvineyardpensacola@wordpress.com

What is the revenue of Martha's Vineyard Foundation Inc?

Martha's Vineyard Foundation Inc's revenue in 2022 was $178,454.


Official website here: www.marthasvineyardpensacola@wordpress.com

Who are the executives of Martha's Vineyard Foundation Inc and what are their salaries?

The average compensation at Martha's Vineyard Foundation Inc during 2022 was $14,286. There are 2 employees and 50 volunteers at Martha's Vineyard Foundation Inc.


Here are 10 key members and their salaries:


J Nix Daniel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip A Napier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Gowing (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Turner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Bob D Greene (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen B Shell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Doty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty M Tackett (President/Sec)
  • Compensation: $12,000
  • Related: $0
  • Other: $5,201
Ron W Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Boyd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.marthasvineyardpensacola@wordpress.com

Where can I find the form 990 for Martha's Vineyard Foundation Inc?

Martha's Vineyard Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.marthasvineyardpensacola@wordpress.com

Learn more at the official website: www.marthasvineyardpensacola@wordpress.com

Mission Statement of Martha's Vineyard Foundation Inc

Martha's Vineyard Foundation Inc is dedicated to offering a temporary residence at no cost, serving and sustaining families whose adult or child members are undergoing treatment for serious illnesses or injuries at local hospitals in the Pensacola area. The organization's mission is to provide a supportive environment during this challenging period, alleviating the financial and emotional strain often associated with prolonged hospital stays. By offering temporary housing, Martha's Vineyard Foundation Inc enables families to focus on their loved ones' recovery, without the added stress of finding temporary accommodations or managing daily living expenses.

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Impact




October, 2024

Martha's Vineyard Foundation Inc significantly impacts the community by offering temporary housing at no cost to families of seriously ill or injured adults and children receiving treatment at hospitals in the Pensacola area. This initiative alleviates the financial burden on families during challenging times, allowing them to focus on what matters most: supporting their loved ones. By providing a safe and supportive environment, the foundation enhances the emotional and physical well-being of families during their medical crises. Its commitment to serving vulnerable populations ensures that those facing health crises have a place to stay, fostering a sense of stability and comfort when they need it most. Through this vital service, Martha's Vineyard Foundation Inc plays a crucial role in promoting health and well-being within the community.




This information is meant to be a general summary of Martha's Vineyard Foundation 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
$178,454 (2022)
Expenses
$189,482 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $427
  • Gross Receipts: $178,454

Assets and Liabilities:

  • Total Assets: $1,351,025
  • Total Liabilities: $289,000
  • Net Assets: $1,062,025

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Organization Details

Founding Year

2014

Principal Officer

Mary M Tackett

Main Address

110 WEST STRONG STREET, PENSACOLA, FL, 32501

NTEE Category

Code: E86 - Health

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