Overview
What is Hilton Head Island Deep Well Project Inc?
Hilton Head Island Deep Well Project Inc is a nonprofit organization based in Hilton Head Island, South Carolina. Their mission is to address the basic needs of clients, fostering greater self-sufficiency. They provide a range of services in the essential needs spectrum, including food assistance, emergency aid for rent, mortgage, and utility bills, furniture and appliances, and critical, safety-focused home repairs. Beyond meeting immediate needs, they also offer help with health services, transportation, and other essential resources to support their clients in overcoming challenges and improving their lives. With a dedicated workforce of 8, they strive to create a positive impact in their local community.
Official website here: www.deepwellproject.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
Hilton Head Island Deep Well Project Inc has achieved a strong Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial health. The charity scores 95% overall, with a perfect score in accountability and finance metrics, indicating a robust governance structure and responsible financial management.
The organization demonstrates exemplary practices, such as having a fully independent board and a solid audit and oversight committee. Its financial statements are transparent, with no material diversion of assets noted. Additionally, the charity has effective policies in place, including conflict of interest and whistleblower protections, further enhancing its integrity and operational reliability.
While the charity's strengths are significant, it’s important to maintain awareness of ongoing practices to ensure continued compliance with high standards. However, based on current data, Hilton Head Island Deep Well Project Inc appears to operate efficiently, prioritizing its mission with a strong emphasis on program expenses, which comprise 93.67% of its budget.
This AI summary has been generated from information found on Charity Navigator.
Is Hilton Head Island Deep Well Project Inc legitimate?
Hilton Head Island Deep Well Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hilton Head Island Deep Well Project 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: $377,091
For more financial information, click here
Official website here: www.deepwellproject.org
What is the mission statement of Hilton Head Island Deep Well Project Inc?
The Hilton Head Island Deep Well Project Inc is dedicated to addressing the basic needs of its clients, aiming to foster greater self-sufficiency. Their services encompass a wide range, including assistance with food, rent, utility bills, health services, transportation, and critical safety-focused home repairs. Through their programs, they provide aid in various aspects of the basic needs spectrum, such as emergency financial assistance for rent/mortgage/utilities, furnishing homes with necessary appliances, and performing critical home repairs to ensure safety.
Official website here: www.deepwellproject.org
Who is the CEO of Hilton Head Island Deep Well Project Inc?
Mary-Stuart Alderman is the Chair of Hilton Head Island Deep Well Project Inc.
Official website here: www.deepwellproject.org
What is the revenue of Hilton Head Island Deep Well Project Inc?
Hilton Head Island Deep Well Project Inc's revenue in 2022 was $2,346,116.
Official website here: www.deepwellproject.org
Who are the executives of Hilton Head Island Deep Well Project Inc and what are their salaries?
The average compensation at Hilton Head Island Deep Well Project Inc during 2022 was $47,136. There are 8 employees and 110 volunteers at Hilton Head Island Deep Well Project Inc.
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- Compensation: $114,967
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- Other: $18,012
Official website here: www.deepwellproject.org
Where can I find the form 990 for Hilton Head Island Deep Well Project Inc?
Hilton Head Island Deep Well Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.deepwellproject.org
Learn more at the official website: www.deepwellproject.org
Mission Statement of Hilton Head Island Deep Well Project Inc
The Hilton Head Island Deep Well Project Inc is an organization dedicated to addressing the fundamental needs of its clients, with the ultimate goal of fostering greater self-sufficiency. This encompasses assistance with food, rent, utility bills, health services, transportation, and critical safety-focus home repairs.
In essence, the Project aims to provide a wide range of services that cater to the basic needs spectrum, going beyond just offering food assistance and emergency aid for rent, mortgage, and utility bills. They also offer practical support in the form of furniture, appliances, and critical home repairs of a safety nature.
By offering these comprehensive services, the Hilton Head Island Deep Well Project Inc seeks to empower its clients, helping them build a more secure and independent life. This mission is carried out through various programs, each designed to meet the diverse needs of the community, from food aid to home repairs, ensuring a more self-sufficient future for those they serve.
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Impact
June, 2024
Hilton Head Island Deep Well Project Inc's impact is significant in addressing the basic needs of individuals in the community to foster greater self-sufficiency. Their programs provide a variety of services including food assistance, emergency financial aid for rent/mortgage/utility bills, furniture and appliances, and critical safety-focused home repairs. Through these services, the organization plays a vital role in ensuring the well-being and stability of individuals and families in Hilton Head Island, SC. Their dedication to helping with essential needs such as food, housing, and safety demonstrates a commitment to improving the quality of life for those they serve.
This information is meant to be a general summary of Hilton Head Island Deep Well Project 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: $117,272
- Program Service Revenue: $58,645
- Gross Receipts: $2,346,116
Assets and Liabilities:
- Total Assets: $8,259,376
- Total Liabilities: $26,623
- Net Assets: $8,232,753
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REPAYMENT OF AID
Revenue
$58,283
MISCELLANEOUS
Revenue
$362
Organization Details
Founding Year
1973
Phone
(843) 785-2849Principal Officer
Mary-Stuart Alderman
Main Address
PO BOX 5543, HILTON HEAD ISLAND, SC, 299385543
Website
www.deepwellproject.orgNTEE Category
Code: C22Z - Environment
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