Overview
What is Spectrum Haworth Home Inc?
Spectrum Haworth Home Inc, located in River Vale, New Jersey, is a dedicated nonprofit organization committed to providing supportive housing and services for six developmentally disabled adults. Their mission is to create an environment that caters to the physical, social, and psychological needs of these individuals, thereby promoting their health, security, happiness, and independence. The organization strives to enable these individuals to reach their highest potential, fostering skills development, purpose, and self-reliance. They offer specialized care designed to meet the unique needs of each resident, ultimately aiming to improve their overall quality of life.
Official website here: www.spectrumforliving.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
Spectrum Haworth Home Inc has achieved a high level of accountability and finance, reflected in its impressive score of 97%, which has earned it a Four-Star rating. This rating highlights the organization's strong governance practices and financial health. The charity boasts a fully independent board, with all 20 members meeting the criteria for independence, demonstrating a commitment to unbiased decision-making.
The organization excels in financial management, as evidenced by its low liabilities to assets ratio of 8.34% and a program expense ratio of 90.17%. This indicates that a substantial portion of its resources is allocated directly to its programs, supporting its mission effectively. Additionally, Spectrum Haworth Home Inc adheres to best practices in transparency and ethics, having established policies for conflict of interest, whistleblowing, and document retention.
Overall, Spectrum Haworth Home Inc shows a solid commitment to accountability, operational transparency, and effective resource allocation. Its strong financial indicators suggest that it is well-managed, making it a trustworthy option for potential donors looking to support a nonprofit with a proven track record.
This AI summary has been generated from information found on Charity Navigator.
Is Spectrum Haworth Home Inc legitimate?
Spectrum Haworth Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spectrum Haworth Home 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: $0
For more financial information, click here
Official website here: www.spectrumforliving.org
What is the mission statement of Spectrum Haworth Home Inc?
Spectrum Haworth Home Inc's mission is focused on empowering individuals with developmental and physical disabilities. Their goal is to provide them with opportunities to reach their highest level of skills, purpose, and independence. They achieve this by offering housing facilities and services specifically designed to cater to their physical, social, and psychological needs. The aim is to promote their health, security, happiness, and usefulness, enabling them to live fulfilling lives for an extended period.
Official website here: www.spectrumforliving.org
Who is the CEO of Spectrum Haworth Home Inc?
Danny Rosario is the Chairperson of Spectrum Haworth Home Inc. The CEO's salary of Spectrum Haworth Home Inc is $0 and their total compensation is $411,723.
Official website here: www.spectrumforliving.org
What is the revenue of Spectrum Haworth Home Inc?
Spectrum Haworth Home Inc's revenue in 2022 was $66,031.
Official website here: www.spectrumforliving.org
Who are the executives of Spectrum Haworth Home Inc and what are their salaries?
There 23 volunteers at Spectrum Haworth Home Inc.
Here are 23 key members and their salaries (Spectrum Haworth Home Inc's CEO's salary is $0 and their total compensation is $411,723):
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- Related: $359,036
- Other: $52,687
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- Other: $12,462
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- Related: $67,331
- Other: $2,157
Official website here: www.spectrumforliving.org
Where can I find the form 990 for Spectrum Haworth Home Inc?
Spectrum Haworth Home Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.spectrumforliving.org
Learn more at the official website: www.spectrumforliving.org
Mission Statement of Spectrum Haworth Home Inc
Spectrum Haworth Home Inc is dedicated to empowering individuals with developmental and/or physical disabilities. Their mission is to provide these individuals with the opportunity to reach their highest level of skills, purpose, and independence. By offering housing facilities and services specifically tailored to meet their physical, social, and psychological needs, Spectrum Haworth Home Inc strives to promote their health, security, happiness, and usefulness, enabling them to live more fulfilling lives for a longer duration. The organization's ultimate goal is to support these individuals in their journey towards achieving their full potential and living independently.
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Impact
August, 2024
Spectrum Haworth Home Inc's impact lies in providing crucial support and services to individuals with developmental and physical disabilities. By offering tailored housing facilities and programs for six developmentally disabled adults, the organization plays a vital role in promoting their overall well-being and independence. Through its focused efforts in River Vale, NJ, Spectrum Haworth Home Inc enables these individuals to reach their highest potential, fostering skills, purpose, and a sense of community that enhances their quality of life. The organization's commitment to addressing the physical, social, and psychological needs of its residents underscores its dedication to ensuring their health, security, and happiness in a supportive environment geared towards long-term living. Spectrum Haworth Home Inc's impactful work not only assists these individuals in daily living but also contributes to their ongoing development, empowerment, and meaningful engagement within their community.
This information is meant to be a general summary of Spectrum Haworth Home 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: $47
- Program Service Revenue: $24,339
- Gross Receipts: $66,031
Assets and Liabilities:
- Total Assets: $532,719
- Total Liabilities: $44,441
- Net Assets: $488,278
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTAL REVENUE
Revenue
$24,339
Organization Details
Founding Year
1994
Phone
(201) 358-8000Principal Officer
Danny Rosario
Main Address
210 RIVERVALE ROAD SUITE 3, RIVER VALE, NJ, 07675
Website
www.spectrumforliving.orgNTEE Category
Code: L99 - Housing
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