Overview
What is Henderson Settlement Inc?
Henderson Settlement Inc is a nonprofit organization situated in Frakes, Kentucky. Their ministry encompasses various community-focused activities, including a thrift store and a craft store, a working cattle farm, greenhouses, and a Grow Appalachia program. The thrift store and craft store serve as platforms for selling locally produced items and merchandise from the organization. The cattle farm raises beef cattle for sale, while the greenhouses produce flowers and vegetables for both local sales and the organization's ministries. The Grow Appalachia program educates local families on gardening, thereby enhancing food security in the area. Additionally, the organization has a facilities maintenance and repair ministry to ensure the proper functioning of their buildings and equipment for various ministries. Their mission is to create opportunities for better lives through Christ-centered service.
Official website here: www.hendersonsettlement.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Henderson Settlement Inc has achieved a notable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 100% in key areas such as having a majority of independent board members and a complete set of financial audits, demonstrating its commitment to transparency and responsible financial management.
The charity also excels in maintaining a low liabilities-to-assets ratio and a high program expense ratio, indicating that a significant portion of its funds is directed towards its programs and services rather than administrative costs. This focus on programmatic impact highlights its effectiveness in fulfilling its mission.
However, while the financial metrics are impressive, there are no specific user feedback or service impact ratings available in the data to provide insights into the qualitative aspects of the organization's operations. Overall, the strong financial standing suggests that Henderson Settlement Inc is a well-managed nonprofit dedicated to its cause.
This AI summary has been generated from information found on Charity Navigator.
Is Henderson Settlement Inc legitimate?
Henderson Settlement Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Henderson Settlement 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: $90,893
Professional Fundraising Fees: $0
Other Salaries and Wages: $566,905
For more financial information, click here
Official website here: www.hendersonsettlement.org
What is the mission statement of Henderson Settlement Inc?
Henderson Settlement Inc's mission is centered around creating opportunities for improved lives through Christ-focused service. Their activities encompass various ministries, including a thrift store, a craft store, a cattle farm, greenhouses, and facilities maintenance and repair. The craft store sells items produced by local artisans and Henderson Settlement merchandise, such as shirts and hats. The thrift store primarily sells clothing and household items to the local community and visitors. The cattle farm raises beef cattle for sale, while the greenhouses produce flowers and vegetables for both local sales and use in their ministries. The Grow Appalachia program educates local families on cultivating their own produce, thereby enhancing food security in the area. The facilities maintenance and repair ministry ensures the upkeep of their buildings and equipment for use in their diverse ministries.
Official website here: www.hendersonsettlement.org
Who is the CEO of Henderson Settlement Inc?
John Newman is the Executive Director of Henderson Settlement Inc.
Official website here: www.hendersonsettlement.org
What is the revenue of Henderson Settlement Inc?
Henderson Settlement Inc's revenue in 2022 was $1,964,873.
Official website here: www.hendersonsettlement.org
Who are the executives of Henderson Settlement Inc and what are their salaries?
The average compensation at Henderson Settlement Inc during 2022 was $15,298. There are 43 employees and 600 volunteers at Henderson Settlement Inc.
Here are 15 key members and their salaries:
- Compensation: $60,000
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- Compensation: $30,893
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Official website here: www.hendersonsettlement.org
Where can I find the form 990 for Henderson Settlement Inc?
Henderson Settlement Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hendersonsettlement.org
Learn more at the official website: www.hendersonsettlement.org
Mission Statement of Henderson Settlement Inc
Henderson Settlement Inc, a nonprofit organization, is dedicated to creating opportunities for better lives through Christ-centered service. Their mission is multifaceted, encompassing various ministries that aim to uplift the community. The thrift store and craft store, open to the public, serve as platforms for selling locally produced goods and merchandise, including items like shirts and hats bearing the organization's logo.
The heart of Henderson Settlement Inc's mission lies in its agricultural initiatives. The nonprofit operates a cattle farm, raising beef cattle for sale, and manages several greenhouses that produce flowers and vegetables. These agricultural endeavors not only provide the organization with resources but also contribute to the food security of the local community. Moreover, the Grow Appalachia program, a key aspect of their mission, teaches local families how to cultivate their own produce, thereby empowering them to become self-sufficient in terms of food supply.
In addition to these agricultural ventures, Henderson Settlement Inc also maintains its facilities and equipment for use in its various ministries. This ensures that their buildings and equipment remain in good condition, thereby enabling them to carry out their mission effectively. In essence, Henderson Settlement Inc's mission is centered around creating opportunities for better lives through a variety of ministries, including agriculture, retail, and facilities maintenance.
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Impact
July, 2024
Henderson Settlement Inc's impact can be seen in the opportunities it creates for better lives through its Christ-centered service. By operating a thrift store and craft store open to the community, as well as running a working cattle farm, greenhouses, a Grow Appalachia program, and facilities maintenance and repair services, Henderson Settlement positively influences the community in Frakes, KY. The craft store not only supports local artisans but also provides logo items for the organization. The thrift store offers affordable clothing and household items while the cattle farm produces beef for sale. The greenhouses produce flowers and vegetables to sell locally and support various ministries. The Grow Appalachia program promotes food security by teaching families to grow their own produce. The facilities maintenance and repair ministry ensures the sustainability of the organization's operations. Through these activities, Henderson Settlement Inc contributes to community improvement and embodies its mission of creating opportunities for better lives through Christ-centered service.
This information is meant to be a general summary of Henderson Settlement 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: $244,218
- Program Service Revenue: $636,421
- Gross Receipts: $1,964,873
Assets and Liabilities:
- Total Assets: $3,031,524
- Total Liabilities: $135,256
- Net Assets: $2,896,268
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MISSION OUTREACH
Revenue
$483,729
THRIFT STORE
Revenue
$78,650
AGRICULTURE
Revenue
$39,792
CRAFT STORE
Revenue
$26,550
FOOD SERVICE
Revenue
$7,700
Organization Details
Founding Year
1973
Principal Officer
John Newman
Main Address
PO BOX 205, FRAKES, KY, 40940
Website
www.hendersonsettlement.orgNTEE Category
Code: S200 - Community improvement
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