Overview
What is Preston Homes Ii Inc?
Preston Homes Ii Inc is a nonprofit organization based in Toledo, Ohio, specifically at 227 WAMBA. Their primary mission is to offer excellent and affordable home health care and community-based support to homeless veterans and other disadvantaged individuals and families in NW Ohio. They strive to make a difference in the lives of those in need, with a dedicated workforce of 15 employees. Their focus is on providing essential services to improve the well-being of their community, particularly to those who may be at a disadvantage.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 48%, Zero-Star out of Four Star rating.
Preston Homes II Inc has received a low rating of 48% from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. While the organization benefits from a fully independent board, it fails to meet essential criteria that indicate good governance, such as having an appropriate board size and established policies for conflicts of interest and whistleblower protections.
The nonprofit does demonstrate a strong commitment to program expenses, achieving the maximum score in that area, suggesting that the funds are directed towards its mission. However, the lack of transparency, indicated by a poor score for the posting of key documents on its website, raises red flags about its operational practices and accountability to donors and stakeholders.
Overall, while Preston Homes II Inc appears to be effective in program expenditures, the shortcomings in governance, transparency, and established policies present significant limitations that potential donors should consider before supporting the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Preston Homes Ii Inc legitimate?
Preston Homes Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Preston Homes 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: $51,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $80,644
For more financial information, click here
What is the mission statement of Preston Homes Ii Inc?
Preston Homes II Inc is dedicated to providing excellent and affordable home health care and community-based support for homeless veterans, as well as other disadvantaged individuals and families in Ohio. Their mission aims to assist those in need, offering essential services to improve their living conditions and promote a better quality of life. Through their efforts, they strive to make a difference in the community, focusing on those who are most vulnerable.
Who is the CEO of Preston Homes Ii Inc?
Brandie Preston is the Vice Preside of Preston Homes Ii Inc.
What is the revenue of Preston Homes Ii Inc?
Preston Homes Ii Inc's revenue in 2022 was $84,070.
Who are the executives of Preston Homes Ii Inc and what are their salaries?
The average compensation at Preston Homes Ii Inc during 2022 was $8,776. There are 15 employees at Preston Homes Ii Inc.
Here are 2 key members and their salaries:
- Compensation: $38,800
- Related: $0
- Other: $0
- Compensation: $12,200
- Related: $0
- Other: $0
Where can I find the form 990 for Preston Homes Ii Inc?
Preston Homes Ii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Preston Homes Ii Inc
Preston Homes II Inc, a nonprofit organization, is committed to offering exceptional and affordable home health care and community-based support to homeless veterans and other disadvantaged individuals and families in northwestern Ohio. Their mission is geared towards providing a comprehensive solution that caters to the needs of those who are less fortunate, ensuring they receive the care they deserve.
In particular, Preston Homes II Inc focuses on delivering home health care and community-based support, aiming to make a tangible difference in the lives of the vulnerable. By offering these services, they strive to create an environment where those in need can regain stability and independence.
In summary, Preston Homes II Inc is an organization driven by compassion and a desire to help. By offering excellent and affordable home health care and community-based support, they aim to transform the lives of homeless veterans and other disadvantaged individuals and families in northwestern Ohio, providing them with the resources they need to rebuild their lives.
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Impact
June, 2024
Preston Homes II Inc makes a significant impact by offering excellent and affordable home health care and community-based support to homeless veterans and other deprived individuals and families in Northwest Ohio. Their mission to provide crucial services to those in need, particularly focusing on mental health support, helps address the pressing issues faced by vulnerable populations in the region. Through their dedicated efforts, Preston Homes II Inc plays a vital role in improving the well-being and quality of life for individuals who might otherwise struggle to access essential care and support services.
This information is meant to be a general summary of Preston Homes 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 2022.
- Gross Receipts: $84,070
Assets and Liabilities:
- Total Assets: $179,525
- Total Liabilities: $286,035
- Net Assets: -$106,510
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Organization Details
Founding Year
2014
Phone
(419) 531-1200Principal Officer
Brandie Preston
Main Address
227 WAMBA, TOLEDO, OH, 43607
NTEE Category
Code: F33 - Mental health
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