Overview
What is Building Futures Inc?
Building Futures Inc, located in Norfolk, Nebraska, is a nonprofit organization primarily focused on providing housing solutions for individuals dealing with mental illness, physical handicaps, or emotional challenges. They manage a complex, known as Willow Park Apartments, offering independent living units to qualified tenants, with the aim of helping individuals recover and become active members of society. Their mission is to facilitate the well-being, security, and happiness of those under their care, ensuring they meet their physical, social, and psychological needs. The organization is dedicated to fostering recovery and reintegration, promoting a holistic approach towards healing and self-sufficiency.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
Building Futures Inc has received a commendable Three-Star rating from Charity Navigator, indicating a strong emphasis on accountability and finance. The organization scored 86% overall, with its rating primarily derived from its solid performance in the Accountability & Finance category. This score reflects the charity's commitment to transparency and responsible financial management.
The nonprofit showcases numerous strengths, including a fully independent board, which consists of six members, and a robust conflict of interest policy. The organization has successfully demonstrated prudent asset management, with no material diversion of assets reported. Additionally, the charity has policies in place regarding whistleblower protections and document retention, further emphasizing its dedication to ethical governance.
However, while Building Futures Inc has a respectable program expense ratio of 63.65%, it received a slightly lower score in this area compared to other metrics. This indicates room for improvement in program spending relative to its total expenses, which could enhance its overall impact. Overall, the organization displays a strong foundation in accountability but could focus on increasing its programmatic expenditure to maximize effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Building Futures Inc legitimate?
Building Futures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Building Futures 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: $12,970
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What is the mission statement of Building Futures Inc?
Building Futures Inc is an organization dedicated to helping people recover from mental illness and become contributing members of society. The primary mission of Building Futures Inc is to provide housing for individuals with mental illness or physical or emotional handicaps, ensuring their physical, social, and psychological needs are met. By offering independent living apartment units, the organization aims to promote their health, security, and happiness. The corporation manages the complex and leases to qualified tenants, providing a supportive environment for their recovery and reintegration into society.
Who is the CEO of Building Futures Inc?
Dr Kevin Piske is the President of Building Futures Inc.
What is the revenue of Building Futures Inc?
Building Futures Inc's revenue in 2023 was $77,932.
Who are the executives of Building Futures Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Building Futures Inc?
Building Futures Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Building Futures Inc
Building Futures Inc, a dedicated organization, is committed to aiding individuals recovering from mental illness to reintegrate into society as contributing members. Their mission is twofold: first, to provide housing for those receiving services from Liberty Centre Services, Inc. for mental illness, physical or emotional handicaps. This housing aims to meet the residents' physical, social, and psychological needs, promoting their health, security, and happiness. Second, the corporation manages the complex and leases independent living apartment units to qualified tenants, thereby offering them a safe and independent space to call home. This housing arrangement is designed to support their ongoing recovery and well-being, contributing to their overall happiness and sense of belonging in society.
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Impact
June, 2024
Building Futures Inc's impact can be seen in their dedication to helping individuals recover from mental illness and become contributing members of society. They provide housing for persons receiving services for mental illness or physical and emotional handicaps, allowing them to meet their physical, social, and psychological needs. By renting independent living apartment units and managing the complex, Building Futures Inc promotes the health, security, and happiness of their tenants, ultimately fostering a supportive environment for individuals to thrive and reintegrate into the community.
This information is meant to be a general summary of Building Futures 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 2023.
- Investment Income: $945
- Program Service Revenue: $74,099
- Gross Receipts: $77,932
Assets and Liabilities:
- Total Assets: $392,662
- Total Liabilities: $8,540
- Net Assets: $384,122
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME
Revenue
$74,099
Organization Details
Founding Year
1994
Principal Officer
Dr Kevin Piske
Main Address
900 EAST NORFOLK AVE, NORFOLK, NE, 68701
NTEE Category
Code: F33 - Mental health
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