Overview
What is Improved Living Inc?
Improved Living Inc, situated in Norfolk, NE, is a dedicated nonprofit organization that specializes in mental health support. Their primary mission is to offer housing solutions for individuals grappling with mental illness. By providing a residential treatment center, they aim to create a safe and supportive environment for those in need, helping them navigate their mental health journey.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star Rating
Improved Living Inc has received an 80% score from Charity Navigator, reflecting a commendable level of accountability and financial management. This rating is based entirely on their Accountability & Finance score, which indicates a solid commitment to responsible stewardship of donor funds. The organization has demonstrated exceptional practices, including a fully independent board and no material diversion of assets, contributing to its strong standing.
The charity's financial management is particularly noteworthy, as evidenced by a high program expense ratio of 96.66%, meaning that the majority of their expenditures directly support their programs. Additionally, they maintain a low liabilities-to-assets ratio of 21.68%, showcasing a stable financial position. The presence of a conflict of interest policy and the documentation of board meeting minutes further enhance their accountability standards.
However, while the organization excels in financial accountability, details regarding program impact and beneficiary feedback are not included in the rating summary, which could provide a more holistic view of its effectiveness. Overall, Improved Living Inc presents itself as a trustworthy option for potential donors looking for assurance in how their contributions are utilized.
This AI summary has been generated from information found on Charity Navigator.
Is Improved Living Inc legitimate?
Improved Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Improved Living 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: $39,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Improved Living Inc?
Improved Living Inc, as a mental health organization, is committed to providing housing solutions for individuals battling mental illness. Their mission is centered around offering a residential environment that caters specifically to individuals dealing with mental health issues. The primary goal is to provide a safe and supportive living space, allowing these individuals to focus on their recovery and well-being. The organization does not disclose further details about its operational methods or specific services offered, but its main focus remains on housing support for individuals with mental illness.
Who is the CEO of Improved Living Inc?
Jean Franchetti is the Executive Director of Improved Living Inc.
What is the revenue of Improved Living Inc?
Improved Living Inc's revenue in 2021 was $201,183.
Who are the executives of Improved Living Inc and what are their salaries?
The average compensation at Improved Living Inc during 2021 was $39,000. There is 1 employee at Improved Living Inc.
Here are 6 key members and their salaries:
- Compensation: $39,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Improved Living Inc?
Improved Living Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Improved Living Inc
Improved Living, a mental health organization, is dedicated to providing housing solutions for individuals battling mental illness. Their mission is centered around offering a supportive living environment for those in need, aiming to make a positive impact on their mental wellbeing. By offering residential treatment, Improved Living strives to create a secure and nurturing space where individuals can focus on their recovery and rebuild their lives. Their commitment to this cause reflects their belief in the importance of housing as a crucial component of mental health care.
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Impact
October, 2024
Improved Living Inc plays a crucial role in the Norfolk, NE community by providing essential housing for individuals with mental illness. Their focus on offering a supportive residential environment helps to address a significant need for stable living conditions among those facing mental health challenges. By creating a safe space, they empower residents to regain independence, pursue rehabilitation, and foster a sense of community. This impact extends beyond mere shelter; it promotes mental well-being and hopes for individuals who may otherwise feel isolated or unsupported. Through their dedicated efforts, Improved Living Inc contributes to the overall improvement of mental health outcomes and enhances the quality of life for its residents.
This information is meant to be a general summary of Improved Living 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 2021.
- Investment Income: $521
- Program Service Revenue: $17,790
- Gross Receipts: $264,285
Assets and Liabilities:
- Total Assets: $197,672
- Total Liabilities: $42,865
- Net Assets: $154,807
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER INCOME
Revenue
$17,790
Organization Details
Founding Year
1979
Phone
(402) 371-5631Principal Officer
Jean Franchetti
Main Address
111 SOUTH PINE STREET, NORFOLK, NE, 68701
NTEE Category
Code: P70Z - Human services
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