Overview
What is Open Arms Foundation?
The Open Arms Foundation, situated in Memphis, Tennessee, is a nonprofit organization that offers compassionate care and housing solutions to families in distress. These families are typically required to travel far from their homes for extended medical treatments. The foundation provides fully furnished two-bedroom apartments without charge, inclusive of utilities, phone, and cable services, to qualifying individuals or families. This assistance aims to alleviate some of the burdens associated with lengthy medical journeys, thereby enabling the focus to remain on recovery and wellbeing.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
Open Arms Foundation has received a commendable rating of 86% from Charity Navigator, indicating strong performance in accountability and finance. This rating reflects the organization’s commitment to transparency and effective management, as evidenced by a perfect score in categories such as board independence, financial audits, and adherence to conflict of interest policies.
The foundation boasts a fully independent board comprising 13 members, ensuring that governance is not only effective but also free from conflicts. Additionally, Open Arms Foundation demonstrates remarkable financial efficiency, with 96% of its expenses directed towards its programs, highlighting its focus on mission-driven work rather than administrative costs.
Despite its strengths, the rating is based solely on accountability and finance metrics, which means potential donors may also want to consider the foundation's overall impact and effectiveness in achieving its mission. Nevertheless, the sound financial practices and governance structures in place suggest that the organization is well-managed and accountable to its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Open Arms Foundation legitimate?
Open Arms Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Open Arms Foundation 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 Open Arms Foundation?
The Open Arms Foundation's mission is to offer caring support and fully-furnished two-bedroom apartments to individuals or families who must travel far from their homes for extended medical treatment. These services are provided at no cost and include utilities, phone, and cable services. The foundation aims to alleviate the distress of these families during their medical journeys, offering them a temporary home away from home. The apartments are offered as a compassionate response to the hardships faced by families needing long-term medical treatment away from their homes.
Who is the CEO of Open Arms Foundation?
Chris Roetker is the President of Open Arms Foundation.
What is the revenue of Open Arms Foundation?
Open Arms Foundation's revenue in 2022 was $627,838.
Who are the executives of Open Arms Foundation and what are their salaries?
There 500 volunteers at Open Arms Foundation.
Here are 13 key members and their salaries:
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Where can I find the form 990 for Open Arms Foundation?
Open Arms Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Open Arms Foundation
The Open Arms Foundation is devoted to offering care and housing to families in distress who require long-term medical treatment that is located far from their homes. This nonprofit organization provides fully-furnished two-bedroom apartments to individuals or families at no cost. The apartments come equipped with utilities, phone, and cable services, ensuring a comfortable living environment for the families during their medical treatment journey. By offering compassionate care and housing, Open Arms Foundation aims to alleviate the burden of temporary relocation and focus on the families' recovery.
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Impact
July, 2024
Open Arms Foundation provides a crucial service by offering fully furnished two-bedroom apartments at no charge to individuals and families who must travel long distances for medical treatment. This compassionate act of providing care and housing to those in distress alleviates a significant burden for families facing long-term medical challenges. By ensuring access to comfortable accommodations with utilities, phone, and cable services included, Open Arms Foundation allows these families to focus on the well-being of their loved ones without worrying about housing expenses. Its impact is tangible, offering a lifeline of support and stability during a challenging time.
This information is meant to be a general summary of Open Arms Foundation. 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.
- Gross Receipts: $862,203
Assets and Liabilities:
- Total Assets: $615,591
- Total Liabilities: $219,570
- Net Assets: $396,021
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Organization Details
Founding Year
1994
Phone
(901) 682-6600Principal Officer
Chris Roetker
Main Address
6584 POPLAR AVENUE, MEMPHIS, TN, 38138
NTEE Category
Code: K30 - Food
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