Overview
What is Presbyterian Homes Foundation Inc?
The Presbyterian Homes Foundation Inc, operating under the name BrightSpire Foundation, is a nonprofit organization situated in Colfax, North Carolina. Their primary mission is to financially support two affiliated entities, Presbyterian Homes Inc dba BrightSpire and Glenaire Inc, both of which are public charities. These affiliates share a vision to establish a dynamic, varied, and inclusive culture that ensures safety and enhances the quality of life for senior adults. Through grants provided by the Presbyterian Homes Foundation, they help retirement communities serve individuals who may not be able to afford such living arrangements otherwise. The foundation's purpose aligns with its mission to honor God by enriching lives and impacting the hearts of those they serve.
Is Presbyterian Homes Foundation Inc legitimate?
Presbyterian Homes Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Presbyterian Homes 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.
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What is the mission statement of Presbyterian Homes Foundation Inc?
The Presbyterian Homes Foundation Inc's mission is to support its affiliates, Presbyterian Homes Inc dba BrightSpire and Glenaire, Inc. These affiliates aim to create an innovative, vibrant, and diverse culture that offers security and enhances the quality of life for senior adults by providing housing and services. The Foundation's primary objective is to raise funds for these organizations, which operate as public charities (501(C)(3)), to assist retirement communities in serving individuals who might not otherwise be able to reside at these communities. This mission is in line with their belief in honoring God by enriching the lives and touching the hearts of those they serve.
Who is the CEO of Presbyterian Homes Foundation Inc?
Timothy J Webster is the Principal Officer of Presbyterian Homes Foundation Inc.
What is the revenue of Presbyterian Homes Foundation Inc?
Presbyterian Homes Foundation Inc's revenue in 2022 was $3,007,342.
Who are the executives of Presbyterian Homes Foundation Inc and what are their salaries?
Here are 19 key members and their salaries:
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- Related: $495,155
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- Related: $296,301
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Where can I find the form 990 for Presbyterian Homes Foundation Inc?
Presbyterian Homes Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Presbyterian Homes Foundation Inc
Presbyterian Homes Foundation Inc, a charitable organization, is committed to supporting its affiliates, BrightSpire and Glenaire Inc, whose vision is to establish a vibrant and inclusive culture that promotes security and enhances the quality of life for senior adults. The Foundation's primary mission is to raise funds for these organizations, which operate as public charities, with the aim of aiding retirement communities in providing housing and services to individuals who might otherwise be financially unable to reside there. By doing so, Presbyterian Homes Foundation Inc strives to honor God by enriching the lives and touching the hearts of those they serve.
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Impact
October, 2024
Presbyterian Homes Foundation Inc plays a crucial role in enhancing the quality of life for senior adults through its dedicated support of affiliates like Brightspire and Glenaire, Inc. By providing financial assistance through grants, the Foundation ensures that these retirement communities can offer vital housing and services to individuals who may face financial challenges. This support not only helps maintain a vibrant and diverse culture within the communities but also fosters an environment where seniors can feel secure and valued. The Foundation's commitment to enriching lives and touching hearts aligns seamlessly with its mission to honor God, ultimately empowering seniors to thrive in a nurturing and supportive setting.
This information is meant to be a general summary of Presbyterian Homes 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,550,434
- Gross Receipts: $13,229,934
Assets and Liabilities:
- Total Assets: $42,911,390
- Total Liabilities: $413,974
- Net Assets: $42,497,416
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Organization Details
Founding Year
1992
Phone
(336) 886-6553Principal Officer
Timothy J Webster
Main Address
2109 SANDY RIDGE RD, COLFAX, NC, 27235
NTEE Category
Code: L11 - Housing
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