Overview
What is Hartwood Place Inc?
Hartwood Place Inc is a nonprofit organization situated in Fairfax, Virginia. Their primary mission is to offer housing solutions for individuals with disabilities, as indicated by their rental housing project under the National Housing Act. This project comprises two group homes, each containing six units, specifically designed for individuals with disabilities. Hartwood Place Inc's primary activity revolves around providing a suitable living environment for those in need, contributing positively to their overall well-being.
Official website here: www.hartwoodfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Hartwood Place Inc has earned a Three-Star rating from Charity Navigator, reflecting a commendable level of accountability and financial health. The overall score is primarily based on its strong accountability and finance practices, achieving an 82% in this category. Such a score indicates that the organization has established a good level of transparency and ethical governance.
The organization boasts a fully independent board, with all ten members being independent, which is indicative of strong governance practices. Additionally, Hartwood Place demonstrates effective fiscal management with a program expense ratio of 85.92%, meaning a significant portion of its expenses is dedicated to its programs. The charity has implemented necessary policies, including conflict of interest and whistleblower policies, contributing to its strong accountability score.
However, there is a notable concern regarding its liabilities to assets ratio, which stands at 168.19%. This figure suggests that the organization has more liabilities than its assets, which could raise questions about its financial sustainability in the long term. Overall, while Hartwood Place Inc demonstrates strengths in governance and program spending, it should address its financial liabilities to ensure continued operational stability.
This AI summary has been generated from information found on Charity Navigator.
Is Hartwood Place Inc legitimate?
Hartwood Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hartwood 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.hartwoodfoundation.com
What is the mission statement of Hartwood Place Inc?
Hartwood Place Inc, as an organization, is dedicated to providing housing for individuals with disabilities. This mission is encapsulated in their day-to-day activities and their overarching goal. They own and operate a rental housing project, specifically two group homes, each with six units, catering to individuals with disabilities. The organization's mission is to ensure that these individuals have accessible and suitable living spaces, thereby contributing to their overall well-being and independence.
Official website here: www.hartwoodfoundation.com
Who is the CEO of Hartwood Place Inc?
Sean Mcginnis is the President of Hartwood Place Inc.
Official website here: www.hartwoodfoundation.com
What is the revenue of Hartwood Place Inc?
Hartwood Place Inc's revenue in 2022 was $124,293.
Official website here: www.hartwoodfoundation.com
Who are the executives of Hartwood Place Inc and what are their salaries?
There 6 volunteers at Hartwood Place Inc.
Here are 11 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Related: $151,638
- Other: $7,834
- Compensation: $0
- Related: $166,492
- Other: $623
- Compensation: $0
- Related: $100,377
- Other: $416
- Compensation: $0
- Related: $114,506
- Other: $8,086
- Compensation: $0
- Related: $100,726
- Other: $6,542
Official website here: www.hartwoodfoundation.com
Where can I find the form 990 for Hartwood Place Inc?
Hartwood Place Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hartwoodfoundation.com
Learn more at the official website: www.hartwoodfoundation.com
Mission Statement of Hartwood Place Inc
Hartwood Place Inc, a notable organization, is dedicated to providing housing for individuals with disabilities. This mission is carried out through the operation of a rental housing project, comprising two group homes with six units each. The organization's primary goal is to offer a home to individuals with disabilities, ensuring they have a secure and supportive living environment. Hartwood Place Inc's commitment to this cause is evident in their management of this housing project, which falls under the National Housing Act.
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Impact
October, 2024
Hartwood Place Inc has a significant impact by providing essential housing for individuals with disabilities in Fairfax, Virginia. The organization operates two group homes, each housing six residents, under the National Housing Act. This dedicated approach ensures that individuals with disabilities have access to safe and supportive living environments that promote independence and community integration. By focusing on accessible housing, Hartwood Place Inc plays a crucial role in enhancing the quality of life for its residents, offering them a stable foundation from which they can thrive. The organization’s efforts contribute to a more inclusive community, where individuals with disabilities can live with dignity and support.
This information is meant to be a general summary of Hartwood 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: $20
- Program Service Revenue: $48,489
- Gross Receipts: $124,293
Assets and Liabilities:
- Total Assets: $499,732
- Total Liabilities: $840,521
- Net Assets: -$340,789
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$48,489
Organization Details
Founding Year
1988
Phone
(703) 273-0939Principal Officer
Sean Mcginnis
Main Address
3702 PENDER DRIVE 410, FAIRFAX, VA, 22030
Website
www.hartwoodfoundation.comNTEE Category
Code: L20 - Housing
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