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Solace House Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 472629761 ✦ Long island city, NY ✦ Designated as a 501(c)(3)

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Overview

What is Solace House Inc?

Solace House Inc, located in Long Island City, New York, is a nonprofit organization that focuses on addressing suicidal distress and self-harming behaviors. They host annual events, such as the Solace Sunrise Walk, to raise funds and show support. Their mission involves creating and promoting programs to increase awareness and provide resources for individuals dealing with suicidal distress. Furthermore, they strive to make professional counseling and support services for those in emotional distress, affordable, easily accessible, and stigma-free.


Official website here: www.solacehouseinc.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 39% (Zero-Star out of Four Star Rating)

Solace House Inc has received a Zero-Star rating from Charity Navigator, indicating significant concerns about its accountability and financial practices. The organization scored only 26 in the Accountability & Finance category, with notably concerning metrics such as the absence of independent board members and missing financial statements. While it has some policies in place, such as conflict of interest and whistleblower policies, the lack of transparency in financial reporting raises red flags.

Strengths of Solace House include a strong Culture & Community score of 100 and an equally impressive Leadership & Adaptability score of 100. These scores reflect the organization's commitment to providing accessible support and adapting to the needs of those it serves. The mission of offering free, confidential therapeutic counseling for individuals facing suicidal thoughts and distress is commendable and highlights its dedication to mental health.

However, the organization faces limitations in its financial integrity and governance, as evidenced by the low scores in critical areas such as program expense ratio and liabilities to assets ratio. These issues suggest that while Solace House is committed to its mission, significant improvements in financial management and board governance are necessary to enhance trust and operational effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Solace House Inc legitimate?

Solace House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Solace 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: $84,152
Professional Fundraising Fees: $0
Other Salaries and Wages: $263,882

For more financial information, click here


Official website here: www.solacehouseinc.com

What is the mission statement of Solace House Inc?

Solace House Inc's mission is centered around developing and promoting programs that foster awareness and provide assistance for individuals struggling with suicidal distress and self-harming behaviors. Their objective is to make professional counseling and support services, which are often needed during emotional distress, affordable, easily accessible, and stigma-free. Solace House Inc demonstrates their commitment through events like the annual Solace Sunrise Walk, aimed at raising funds and showing support for addressing suicidal distress.


Official website here: www.solacehouseinc.com

Who is the CEO of Solace House Inc?

Patrick Mcgowan is the President of Solace House Inc. The CEO's salary of Solace House Inc is $84,152 and their total compensation is $84,152.


Official website here: www.solacehouseinc.com

What is the revenue of Solace House Inc?

Solace House Inc's revenue in 2022 was $605,253.


Official website here: www.solacehouseinc.com

Who are the executives of Solace House Inc and what are their salaries?


Here are 9 key members and their salaries (Solace House Inc's CEO's salary is $84,152 and their total compensation is $84,152):


Patrick Mcgowan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul O'Brien (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Burns (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Devlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Mcguigan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Nastasi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Noviello (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Grando (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Skedd (Ceo)
  • Compensation: $84,152
  • Related: $0
  • Other: $0


Official website here: www.solacehouseinc.com

Where can I find the form 990 for Solace House Inc?

Solace House Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.solacehouseinc.com

Learn more at the official website: www.solacehouseinc.com

Mission Statement of Solace House Inc

Solace House Inc, a nonprofit organization, is dedicated to promoting programs that foster awareness and provide assistance for individuals dealing with suicidal distress and self-harming behaviors. Their mission is threefold. Firstly, they strive to make professional counseling and support services for individuals experiencing suicidal and emotional distress easily accessible, affordable, and free from stigma. Secondly, Solace House Inc seeks to create an environment where these services are not just available but also widely recognized and accepted. Lastly, they engage in initiatives to raise awareness about suicidal distress, aiming to destigmatize the topic and encourage more people to seek help.

To accomplish this mission, Solace House Inc organizes events such as the annual Solace Sunrise Walk. This walk serves two purposes: raising funds to support their cause and demonstrating solidarity and support for those dealing with suicidal distress. By participating in this event, the community shows its commitment to addressing this issue and breaking the silence surrounding it. Solace House Inc's mission is to create a world where individuals in emotional distress can seek help without fear or shame, and where they can find the support they need to overcome their struggles.

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Impact




July, 2024

Solace House Inc's impact is significant in promoting awareness and support for individuals dealing with suicidal distress and self-harming behaviors. Through programs like the annual Solace Sunrise Walk, they raise funds and show solidarity in addressing these crucial issues. Their mission to make professional counseling and support services accessible and stigma-free for anyone experiencing emotional distress is a powerful testament to their commitment to mental health advocacy and support.




This information is meant to be a general summary of Solace 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.

Revenue
$605,253 (2022)
Expenses
$561,615 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $687,098

Assets and Liabilities:

  • Total Assets: $66,488
  • Total Liabilities: $32,292
  • Net Assets: $34,196

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Organization Details

Founding Year

2014

Principal Officer

Patrick Mcgowan

Main Address

1040 JACKSON AVENUE, LONG ISLAND CITY, NY, 11101

NTEE Category

Code: A20 - Arts

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