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Warm Hearth Foundation Inc

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

EIN: 541639629 ✦ Blacksburg, VA ✦ Designated as a 501(c)(3)

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Overview

What is Warm Hearth Foundation Inc?

Warm Hearth Foundation Inc, located in Blacksburg, Virginia, is a charitable organization dedicated to supporting Warm Hearth Village, a senior housing community. This nonprofit collects and manages contributions, ensuring affordable housing for the elderly and handicapped residents. The foundation supports eight affiliated organizations, including Trolinger House, New River House, New Century Housing, and Warm Hearth, Inc., which provide housing services. Additionally, the foundation provides non-profit nursing home and assisted living care through NRV Nursing Center and Showalter Center, Inc. Overall, Warm Hearth Foundation Inc plays a crucial role in enhancing the living conditions and care of elderly and handicapped individuals in Blacksburg, Virginia.


Official website here: www.retire.org

What do the Facebook reviews say about Warm Hearth Foundation Inc?

100% of 13 reviewers on Facebook recommend Warm Hearth Foundation Inc. Here is a summary of their reviews:

Patrons express a high level of satisfaction, particularly appreciating the opportunity to shop for quality furniture at reasonable prices. Many users have shared positive experiences, noting that they found several items that met their family's needs without breaking the bank.

Overall, people find that the nonprofit not only provides great deals but also contributes positively to their community, making it a valuable resource for those looking to furnish their homes affordably.


This AI summary has been generated from reviews found on Facebook.

Is Warm Hearth Foundation Inc legitimate?

Warm Hearth Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Warm Hearth Foundation 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.retire.org

What is the mission statement of Warm Hearth Foundation Inc?

The Warm Hearth Foundation's mission is to manage and distribute funds for the betterment of the residents in Warm Hearth Village. Specifically, they provide housing services for the elderly and disabled through various organizations, such as Trolinger House, Inc., New River House, Inc., New Century Housing, Inc., and Warm Hearth, Inc. Additionally, they offer non-profit nursing home and assisted living care through NRV Nursing Center, Inc. and Showalter Center, Inc. In essence, the foundation aims to enhance the living conditions and care for those in need.


Official website here: www.retire.org

Who is the CEO of Warm Hearth Foundation Inc?

William Lester is the Principal Officer of Warm Hearth Foundation Inc. The CEO's salary of Warm Hearth Foundation Inc is $0 and their total compensation is $172,523.


Official website here: www.retire.org

What is the revenue of Warm Hearth Foundation Inc?

Warm Hearth Foundation Inc's revenue in 2022 was $569,564.


Official website here: www.retire.org

Who are the executives of Warm Hearth Foundation Inc and what are their salaries?

There 50 volunteers at Warm Hearth Foundation Inc.


Here are 8 key members and their salaries (Warm Hearth Foundation Inc's CEO's salary is $0 and their total compensation is $172,523):


Ed Bunce (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Pierce (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Shepherd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Spears (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Dalton (Ceo)
  • Compensation: $0
  • Related: $168,773
  • Other: $3,750
Molly Nevitt (Cfo)
  • Compensation: $0
  • Related: $118,303
  • Other: $6,517
Heather Gearheart (Vice-President)
  • Compensation: $0
  • Related: $128,255
  • Other: $3,850
Tambra Dixon (Director Of Marketing)
  • Compensation: $0
  • Related: $106,528
  • Other: $4,701


Official website here: www.retire.org

Where can I find the form 990 for Warm Hearth Foundation Inc?

Warm Hearth Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.retire.org

Learn more at the official website: www.retire.org

Mission Statement of Warm Hearth Foundation Inc

Warm Hearth Foundation Inc is a non-profit organization that plays a crucial role in providing support for the residents of Warm Hearth Village. Its mission is twofold. Firstly, the foundation administers funds to ensure the provision of housing services for the elderly and disabled, which is carried out by various entities such as Trolinger House, Inc., New River House, Inc., New Century Housing, Inc., and Warm Hearth, Inc. Secondly, Warm Hearth Foundation Inc also manages funds to provide non-profit nursing home and assisted living care, with NRV Nursing Center, Inc. and Showalter Center, Inc. being key providers in this area. In essence, the foundation's mission is to support the well-being of its residents, ensuring they have access to adequate housing and healthcare services.

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Impact




October, 2024

Warm Hearth Foundation Inc significantly enhances the lives of elderly and handicapped individuals by providing vital housing services and support within the Warm Hearth Village community in Blacksburg, Virginia. This organization administers charitable contributions directed towards eight affiliated entities, collectively offering affordable housing to approximately 350 residents.

Through its partnerships with Trolinger House, New River House, New Century Housing, and Warm Hearth itself, the Foundation ensures that residents have access to secure and comfortable living conditions. Additionally, it supports essential nursing home and assisted living services via the NRV Nursing Center and the Showalter Center, thereby catering to the diverse healthcare needs of its residents.

The impact of Warm Hearth Foundation is profound, as it not only fosters independence and dignity for elderly and handicapped persons but also cultivates a sense of community and belonging within Warm Hearth Village. By facilitating access to crucial resources and care, the Foundation plays a vital role in enhancing the overall quality of life for its residents, ensuring they remain active and supported members of the community.




This information is meant to be a general summary of Warm Hearth Foundation 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
$569,564 (2022)
Expenses
$350,140 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$3,756
  • Gross Receipts: $601,884

Assets and Liabilities:

  • Total Assets: $3,186,690
  • Total Liabilities: $584,268
  • Net Assets: $2,602,422

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Organization Details

Founding Year

1992

Principal Officer

William Lester

Main Address

2607 WARM HEARTH DRIVE NO 100, BLACKSBURG, VA, 24060

NTEE Category

Code: P75I - Human services

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