Overview
What is Granite House Inc?
Granite House Inc, located in Stillwater, Minnesota, is a nonprofit organization with a mission to offer long-term care for four adults with severe brain injuries. These individuals would typically spend numerous decades in a nursing home without such assistance. The organization's primary goal is to provide support and hope to individuals and their families grappling with the impacts of severe and permanent brain injuries. With a team of 19 dedicated employees, Granite House Inc aims to enhance the quality of life for those under its care, providing them with a home-like environment.
Official website here: www.granitehousemn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 74%)
Granite House Inc has received a Two-Star rating from Charity Navigator, which signifies a need for improvement in certain operational areas, despite a strong overall score of 74%. The organization excels in cultural and community engagement, achieving a perfect score of 100% in this category. Its program expense ratio is exceptionally high at 98.69%, indicating that a significant portion of funds is directed toward its programs.
However, the organization faces notable challenges in accountability and finance. While it boasts a strong governance structure with 75% of its board members being independent, it lacks essential policies such as a whistleblower policy and a document retention policy, which were marked as missing. Additionally, the absence of the tax form on its website may hinder transparency, reflected in its lower accountability score of 72.
Granite House Inc has demonstrated a commitment to stakeholder feedback, achieving perfect scores in both feedback collection and usage. While the organization shows strengths in community involvement and program allocation, addressing the gaps in governance policies and transparency will be crucial for improving its overall rating and public trust in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Granite House Inc legitimate?
Granite House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Granite House 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: $66,646
Professional Fundraising Fees: $0
Other Salaries and Wages: $377,257
For more financial information, click here
Official website here: www.granitehousemn.org
What is the mission statement of Granite House Inc?
Granite House Inc's mission is centered around providing support and hope to individuals and families dealing with severe and permanent brain injuries. Their primary objective is to offer a nurturing environment for four adults under the age of 55, who have sustained brain injuries, preventing them from spending prolonged periods in a nursing home. The organization's mission involves offering long-term care within a residential setting, aiming to enhance their quality of life and provide them with a sense of home and normalcy.
Official website here: www.granitehousemn.org
Who is the CEO of Granite House Inc?
Carol Insley is the Executive Di of Granite House Inc.
Official website here: www.granitehousemn.org
What is the revenue of Granite House Inc?
Granite House Inc's revenue in 2022 was $669,308.
Official website here: www.granitehousemn.org
Who are the executives of Granite House Inc and what are their salaries?
The average compensation at Granite House Inc during 2022 was $23,363. There are 19 employees and 18 volunteers at Granite House Inc.
Here are 9 key members and their salaries:
- Compensation: $66,646
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Official website here: www.granitehousemn.org
Where can I find the form 990 for Granite House Inc?
Granite House Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.granitehousemn.org
Learn more at the official website: www.granitehousemn.org
Mission Statement of Granite House Inc
Granite House Inc, a nonprofit organization, is committed to providing support and hope to individuals and families who are living with severe and permanent brain injuries. Their mission is to offer a sense of home and care for four adults under the age of 55 who have suffered from such injuries. In doing so, they aim to alleviate the necessity for these individuals to spend prolonged periods in nursing homes. By offering long-term care within a residential setting, Granite House Inc seeks to enhance the quality of life for these individuals, providing them with the care, support, and hope they need to navigate their challenges.
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Impact
July, 2024
Granite House Inc's impact can be seen in the significant support and hope it provides to individuals and families living with severe and permanent brain injuries. By offering long-term care in a real home for four adults under 55 who would otherwise be in a nursing home, Granite House Inc is enabling these individuals to live with dignity and quality of life. This unique approach not only improves the lives of those directly served by the organization but also contributes to the broader health and well-being of the community by addressing a critical need in the healthcare system.
This information is meant to be a general summary of Granite House 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: $125
- Program Service Revenue: $643,383
- Gross Receipts: $669,308
Assets and Liabilities:
- Total Assets: $1,162,948
- Total Liabilities: $603,707
- Net Assets: $559,241
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE - HCBS
Revenue
$600,948
PROGRAM SERVICE - CRS
Revenue
$42,435
Organization Details
Founding Year
2014
Phone
(651) 337-2647Principal Officer
Carol Insley
Main Address
2114 STAGECOACH TRAIL, STILLWATER, MN, 55082
Website
www.granitehousemn.orgNTEE Category
Code: E92 - Health
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