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Chanan 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: 582520911 ✦ Douglasville, GA ✦ Designated as a 501(c)(3)

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Overview

What is Chanan Foundation Inc?

Chanan Foundation Inc is a compassionate nonprofit organization based in Douglasville, Georgia. Their primary mission is to offer suitable housing and essential care to individuals with disabilities. By providing homes and support services, the foundation aims to enhance the quality of life for those in need. Their activities are centered around this objective, making a significant impact in the community they serve.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars

Chanan Foundation Inc has received a "Needs Improvement" rating with a score of 67% from Charity Navigator. This rating indicates that while the organization demonstrates some strengths in its governance, including a fully independent board and a strong program expense ratio, there are significant concerns regarding transparency and financial accountability. The lack of publicly accessible financial statements and policies related to conflict of interest, whistleblowing, and document retention highlights areas that require attention.

The organization excels in maintaining an independent board and managing program expenses effectively, which suggests a focused commitment to its mission. However, the absence of necessary financial documentation on its website raises questions about financial transparency and could hinder trust among potential donors and stakeholders. The charity's ability to demonstrate responsible financial practices is critical for fostering donor confidence.

In summary, while Chanan Foundation Inc shows potential through its governance structure and program expenditure, it faces notable challenges in transparency and accountability that need to be addressed for improved public perception and trust. Addressing these limitations will be crucial for the charity's growth and sustainability in the long run.


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

Is Chanan Foundation Inc legitimate?

Chanan Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chanan 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: $2,697,267

For more financial information, click here

What is the mission statement of Chanan Foundation Inc?

The Chanan Foundation's mission revolves around providing adequate housing and care for individuals with disabilities. This is achieved through various programs that offer homes and support, catering to the needs of those in need. The organization's objectives are centered around ensuring disabled individuals receive suitable living arrangements and necessary care. While the location of the foundation is in Douglasville, GA, this information is not pertinent to the mission statement summary.

What is the revenue of Chanan Foundation Inc?

Chanan Foundation Inc's revenue in 2023 was $5,339,749.

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

The average compensation at Chanan Foundation Inc during 2023 was $25,208. There are 107 employees at Chanan Foundation Inc.

Here are 2 key members and their salaries:


Lon Bell (President)
  • Compensation: $171,015
  • Related: $0
  • Other: $0
Lisa Bell (Secretary)
  • Compensation: $130,577
  • Related: $0
  • Other: $0
Where can I find the form 990 for Chanan Foundation Inc?

Chanan Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Chanan Foundation Inc

The Chanan Foundation, a nonprofit organization, is dedicated to providing housing and care for individuals with disabilities. This mission is translated into action through programs that offer suitable homes and support for those in need. The foundation's operations aim to enhance the lives of disabled individuals, providing them with the necessary care and assistance. It's important to note that the Chanan Foundation does not disclose its specific location in its provided information.

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Impact




July, 2024

Chanan Foundation Inc makes a direct impact by providing housing and care for disabled individuals. Their programs offer suitable homes and support for those in need, fulfilling their mission of ensuring that disabled individuals have a safe and supportive living environment. By operating in Douglasville, GA, Chanan Foundation Inc plays a crucial role in enhancing the quality of life for individuals with disabilities in the local community.




This information is meant to be a general summary of Chanan 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
$5,339,749 (2023)
Expenses
$5,159,343 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $5,294,667
  • Gross Receipts: $5,341,616

Assets and Liabilities:

  • Total Assets: $2,742,042
  • Total Liabilities: $169,321
  • Net Assets: $2,572,721

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

HOUSING & CARE

Revenue

$5,294,667

Organization Details

Founding Year

2000

Principal Officer

Lon Bell

NTEE Category

Code: T20 - Philanthropy

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