Overview
What is Building Futures Ii Inc?
Building Futures II Inc, based in Norfolk, Nebraska, is a nonprofit organization dedicated to assisting individuals recovering from mental illness. Their primary mission is to provide independent living apartment units to qualified tenants, managing the complex to ensure a safe and supportive environment. The organization's ethos revolves around helping people with mental illness become contributing members of society. Specifically, they provide housing for individuals receiving services from Liberty Centre Services, Inc., catering to their physical, social, and psychological needs, with the aim of promoting their health, security, and overall happiness. The organization is known by the name Willow Park Apartments II.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Building Futures II Inc has received a Three-Star rating from Charity Navigator, reflecting a solid score of 82% in the category of Accountability & Finance. This rating indicates that the organization meets a number of important standards for transparency and governance. Notably, the charity boasts a fully independent board, with all 10 members meeting independence criteria, which is critical for ensuring objective oversight.
The organization excels in several key areas, such as having no material diversion of assets and a comprehensive conflict of interest policy in place. Their whistleblower policy and document retention practices are also well-documented, contributing positively to their accountability measures. The liabilities to assets ratio is low at 2.39%, indicating a stable financial position.
However, the program expense ratio of 60.74% indicates that while a majority of funds are allocated towards programs, there is room for improvement in this area as it falls short of the optimal threshold. Overall, Building Futures II Inc demonstrates strong financial accountability but may need to enhance its program spending efficiency to improve its rating further.
This AI summary has been generated from information found on Charity Navigator.
Is Building Futures Ii Inc legitimate?
Building Futures Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Building Futures Ii 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: $14,560
For more financial information, click here
What is the mission statement of Building Futures Ii Inc?
Building Futures II Inc is dedicated to aiding individuals recovering from mental illness and promoting their integration into society. Their mission is to provide housing for those receiving services from Liberty Centre Services, Inc., specifically for mental illness or physical or emotional handicaps. This housing aims to meet the physical, social, and psychological needs of the residents, promoting their health, security, and happiness. The organization manages a complex and leases independent living apartment units to qualified tenants.
Who is the CEO of Building Futures Ii Inc?
Dr Kevin Piske is the President of Building Futures Ii Inc.
What is the revenue of Building Futures Ii Inc?
Building Futures Ii Inc's revenue in 2023 was $53,266.
Who are the executives of Building Futures Ii 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 Ii Inc?
Building Futures Ii Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Building Futures Ii Inc
Building Futures II Inc, a dedicated organization, is committed to assisting individuals recover from mental illness and integrate back into society as contributing members. Their mission is twofold: to provide housing for those receiving services from Liberty Centre Services Inc for mental illness, physical, or emotional handicaps, and to ensure that these individuals can meet their physical, social, and psychological needs. By managing a complex of independent living apartment units and leasing to qualified tenants, they aim to promote the health, security, and happiness of these individuals, ultimately fostering a sense of independence and well-being.
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Impact
June, 2024
Building Futures II Inc's impact is dedicated to helping people recover from mental illness and become contributing members of society by providing housing for individuals receiving services from Liberty Centre Services, Inc. The organization manages independent living apartment units in Norfolk, NE, leasing them to qualified tenants. Through their mission to meet the physical, social, and psychological needs of individuals with mental illness or physical and emotional handicaps, Building Futures II Inc promotes their health, security, and happiness. Their work significantly contributes to supporting the mental health and well-being of those they serve.
This information is meant to be a general summary of Building Futures Ii 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: $281
- Program Service Revenue: $51,231
- Gross Receipts: $53,266
Assets and Liabilities:
- Total Assets: $319,798
- Total Liabilities: $7,665
- Net Assets: $312,133
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE - GROSS POTENTIA
Revenue
$51,231
Organization Details
Founding Year
1999
Phone
(402) 370-3503Principal Officer
Dr Kevin Piske
Main Address
900 EAST NORFOLK AVENUE, NORFOLK, NE, 68701
NTEE Category
Code: F33 - Mental health
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