Overview
What is The Healing Place Inc?
The Healing Place Inc, located in Louisville, Kentucky (40202), is a charitable and educational nonprofit organization dedicated to helping men and women struggling with drug and alcohol addiction. Their comprehensive services include non-medical detoxification centers, overnight shelters, a residential recovery program, and transitional housing. The mission of The Healing Place is to provide tools for recovery and restore productive lives. They offer educational resources on addiction and facilitate the transition of individuals back into a self-supported social environment. The organization employs 219 individuals.
Official website here: www.thehealingplace.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 100%, Four-Star out of Four Stars
The Healing Place Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a perfect score of 100% based solely on its Accountability & Finance beacon. This rating indicates a high level of financial health and organizational transparency, which are crucial for donor confidence and support. The charity has demonstrated exemplary governance with a fully independent board and robust oversight mechanisms.
One of the key strengths of The Healing Place Inc is its efficient allocation of funds, as evidenced by a program expense ratio of 87.71%. This means that a significant portion of its resources is directed towards programmatic activities, maximizing the impact of donations. Additionally, the organization has established strong policies around conflict of interest, whistleblower protections, and document retention, further enhancing its accountability.
No limitations or concerns were noted in the data provided, suggesting that The Healing Place Inc operates with a high level of integrity and effectiveness. The charity's commitment to transparency and strong financial management makes it a trustworthy option for potential donors looking to support meaningful causes.
This AI summary has been generated from information found on Charity Navigator.
Is The Healing Place Inc legitimate?
The Healing Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Healing Place 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: $282,405
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,632,571
For more financial information, click here
Official website here: www.thehealingplace.org
What is the mission statement of The Healing Place Inc?
The Healing Place Inc is a charitable and educational organization dedicated to helping men and women overcome drug and alcohol addiction. Its mission is to provide tools for recovery and restore productive lives. The organization operates facilities and programs for homeless individuals struggling with substance abuse. Through its services, education on addiction is offered, along with resources for transitioning individuals back into a self-supported social environment. The Healing Place Inc operates a comprehensive residential program, including non-medical detoxification centers, overnight shelters, a residential recovery program, and transitional housing.
Official website here: www.thehealingplace.org
Who is the CEO of The Healing Place Inc?
Jay Davidson is the Chair of The Healing Place Inc.
Official website here: www.thehealingplace.org
What is the revenue of The Healing Place Inc?
The Healing Place Inc's revenue in 2022 was $11,928,410.
Official website here: www.thehealingplace.org
Who are the executives of The Healing Place Inc and what are their salaries?
The average compensation at The Healing Place Inc during 2022 was $27,009. There are 219 employees and 36 volunteers at The Healing Place Inc.
Here are 27 key members and their salaries:
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Official website here: www.thehealingplace.org
Where can I find the form 990 for The Healing Place Inc?
The Healing Place Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thehealingplace.org
Learn more at the official website: www.thehealingplace.org
Mission Statement of The Healing Place Inc
The Healing Place Inc is a charitable and educational organization dedicated to operating facilities and programs for men and women who are homeless and/or addicted to drugs and alcohol. The mission of this renowned organization is to provide tools for recovery and restore productive lives.
Through its comprehensive residential program, The Healing Place Inc offers a range of services to help individuals overcome their addiction. These services begin with nonmedical detoxification centers, where men and women can safely and comfortably begin their recovery journey. Following detoxification, individuals can move on to overnight shelters, providing them with a safe and supportive environment as they continue their healing process.
Next, residents transition into the residential recovery program, where they receive education on addiction and learn practical skills for maintaining sobriety. This holistic approach not only focuses on the physical aspects of recovery but also addresses the emotional and social needs of each individual. The ultimate goal is to prepare residents for a self-supported social environment, helping them rebuild their lives and become productive members of society.
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Impact
October, 2024
The Healing Place Inc significantly impacts the lives of individuals suffering from drug and alcohol addiction in Louisville, KY. By providing a comprehensive residential program, it ensures that men and women affected by addiction have access to essential resources for recovery. This includes non-medical detoxification centers, overnight shelters, a structured residential recovery program, and transitional housing.
Through its dedicated services, The Healing Place fosters education on addiction, equipping individuals with the necessary tools to reclaim their lives and transition back into self-supported environments. By focusing on holistic recovery and providing supportive housing, the organization not only addresses the immediate needs of homeless and addicted individuals but also promotes long-term rehabilitation and social reintegration. This transformative approach helps restore productive lives, ultimately contributing to healthier communities in the region.
This information is meant to be a general summary of The Healing Place 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: $111,897
- Program Service Revenue: $6,587,004
- Gross Receipts: $11,955,378
Assets and Liabilities:
- Total Assets: $38,017,187
- Total Liabilities: $6,066,910
- Net Assets: $31,950,277
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$6,587,004
Organization Details
Founding Year
1989
Phone
(502) 585-4848Principal Officer
Jay Davidson
Main Address
1020 WEST MARKET STREET, LOUISVILLE, KY, 40202
Website
www.thehealingplace.orgNTEE Category
Code: L00 - Housing
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