Overview
What is Erc Foundation Inc?
Erc Foundation Inc, based in Little Rock, Arkansas, is a nonprofit organization dedicated to serving the elderly and handicapped community. Their primary mission is to provide housing and assisted living services, ensuring a comfortable living environment for those in need. With around 56 employees, the foundation offers essential support, making a significant impact in the local community. The foundation's activities encompass providing suitable living arrangements and essential assistance, contributing to the well-being and quality of life of its beneficiaries.
Official website here: www.goodshepherdcommunity.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
Erc Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance, with an overall score of 84%. The organization boasts a fully independent board and strong financial practices, including a high program expense ratio of 82.53%, which signifies that a significant portion of its resources goes directly to its programs.
Despite these strengths, there are notable limitations concerning governance policies. The foundation lacks several important policies, including a conflict of interest policy, a whistleblower policy, and a document retention policy, which could impact transparency and accountability. These missing elements suggest areas for improvement in its governance framework.
Overall, Erc Foundation Inc demonstrates a commitment to financial integrity and effective program funding. However, addressing the gaps in their governance policies would enhance their accountability and potentially improve their rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Erc Foundation Inc legitimate?
Erc Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Erc 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: $1,075,500
For more financial information, click here
Official website here: www.goodshepherdcommunity.com
What is the mission statement of Erc Foundation Inc?
Erc Foundation Inc is dedicated to providing elderly and handicapped individuals with housing and assisted living services. Their mission is to offer rental apartments and specialized care services, aiming to enhance the quality of life for these individuals. The foundation strives to create an environment that caters to the unique needs of its residents, enabling them to live with dignity and independence. The services provided are designed to support their physical, emotional, and social well-being, ensuring they feel valued and cared for.
Official website here: www.goodshepherdcommunity.com
Who is the CEO of Erc Foundation Inc?
J Mark Davis is the Ceo-Member of Erc Foundation Inc. The CEO's salary of Erc Foundation Inc is $73,401 and their total compensation is $149,798.
Official website here: www.goodshepherdcommunity.com
What is the revenue of Erc Foundation Inc?
Erc Foundation Inc's revenue in 2023 was $3,452,209.
Official website here: www.goodshepherdcommunity.com
Who are the executives of Erc Foundation Inc and what are their salaries?
The average compensation at Erc Foundation Inc during 2023 was $19,205. There are 56 employees and 6 volunteers at Erc Foundation Inc.
Here are 7 key members and their salaries (Erc Foundation Inc's CEO's salary is $73,401 and their total compensation is $149,798):
- Compensation: $73,401
- Related: $76,397
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $87,995
- Related: $0
- Other: $0
Official website here: www.goodshepherdcommunity.com
Where can I find the form 990 for Erc Foundation Inc?
Erc Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.goodshepherdcommunity.com
Learn more at the official website: www.goodshepherdcommunity.com
Mission Statement of Erc Foundation Inc
Erc Foundation Inc is dedicated to providing housing and supportive living services for the elderly and individuals with disabilities. Their mission revolves around offering rental apartments and assisted living services, ensuring that these vulnerable populations have a safe and comfortable living environment. By offering these services, Erc Foundation Inc aims to empower and enhance the quality of life for its residents, providing them with the assistance they need to maintain their independence and dignity.
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Impact
July, 2024
Erc Foundation Inc's impact can be seen in the provision of essential housing and assisted living services to elderly and handicapped citizens in Little Rock, Arkansas. The organization plays a crucial role in ensuring that this vulnerable population has access to safe and supportive living environments, enhancing their quality of life and promoting overall well-being. Through the rental apartments and assisted living services they offer, Erc Foundation Inc positively impacts the lives of individuals who may otherwise struggle to find suitable accommodation and care. By fulfilling their mission of providing elderly and handicapped housing, Erc Foundation Inc contributes to creating a more inclusive and supportive community for those in need.
This information is meant to be a general summary of Erc 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $137,440
- Program Service Revenue: $3,206,982
- Gross Receipts: $3,452,209
Assets and Liabilities:
- Total Assets: $7,213,794
- Total Liabilities: $3,317,805
- Net Assets: $3,895,989
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROG.SERV.REVENUE-RELA
Revenue
$3,206,982
Organization Details
Founding Year
1977
Phone
(501) 224-7200Principal Officer
J Mark Davis
Main Address
3 SHEPHERDS COVE, LITTLE ROCK, AR, 72205
NTEE Category
Code: L200 - Housing
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