Overview
What is Gatesway Foundation Inc?
Gatesway Foundation Inc, established in Broken Arrow, Oklahoma, is a dedicated nonprofit organization that provides safe and nurturing homes for over 50 individuals with intellectual disabilities. Their primary mission is to empower these individuals, fostering their independence and offering opportunities that enable them to seamlessly integrate into community life. By offering specialized support, the foundation aims to significantly enhance the quality of life for those under their care. With a team of 327 employees, Gatesway Foundation Inc is committed to creating inclusive environments where individuals can pursue their goals and live fulfilling lives.
Official website here: www.gatesway.org
What are the reviews and ratings of this charity?
**: Charity Navigator Rating 94% (Four-Star out of Four Stars)**tar)**
The Gatesway Foundation Inc has received a commendable Four-Star rating from Charity Navigator, signifying a strong performance in accountability and finance. With a perfect score in independent board members, oversight, and financial transparency, the organization demonstrates a robust governance structure and effective management of resources. However, it fell short in certain areas, such as posting its tax form on its website and documenting board meeting minutes.
The organization has an impressive program expense ratio, indicating that a significant majority of its funds are allocated towards its mission-driven initiatives, reflecting a commitment to using resources effectively. While the foundation excels in various accountability measures, it has not been evaluated under methodologies assessing impact, culture, or leadership, which limits a comprehensive understanding of its overall effectiveness.
Unfortunately, user reviews from GreatNonprofits are not available for the Gatesway Foundation Inc, leaving a gap in direct feedback from beneficiaries and community members. Without public sentiment to gauge broader perspectives, the rating and organizational attributes remain the primary source of information regarding its operations and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Gatesway Foundation Inc legitimate?
Gatesway Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gatesway 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: $60,020
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,667,916
For more financial information, click here
Official website here: www.gatesway.org
What is the mission statement of Gatesway Foundation Inc?
The Gatesway Foundation Inc's mission is centered around encouraging independence and providing opportunities for individuals with intellectual disabilities. This mission aims to enable these individuals to live and work in their communities, thereby improving their quality of life. The foundation provides residential care, setting up homes with the necessary support systems for people with intellectual disabilities to thrive in safe and loving environments. By doing so, they help these individuals achieve their goal of having a home, which is provided for over 50 individuals with intellectual and other disabilities.
Official website here: www.gatesway.org
Who is the CEO of Gatesway Foundation Inc?
Greg Arend is the Ceo of Gatesway Foundation Inc. The CEO's salary of Gatesway Foundation Inc is $0 and their total compensation is $0.
Official website here: www.gatesway.org
What is the revenue of Gatesway Foundation Inc?
Gatesway Foundation Inc's revenue in 2022 was $9,918,070.
Official website here: www.gatesway.org
Who are the executives of Gatesway Foundation Inc and what are their salaries?
The average compensation at Gatesway Foundation Inc during 2022 was $17,517. There are 327 employees and 100 volunteers at Gatesway Foundation Inc.
Here are 12 key members and their salaries (Gatesway Foundation Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $60,020
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- Other: $0
Official website here: www.gatesway.org
Where can I find the form 990 for Gatesway Foundation Inc?
Gatesway Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gatesway.org
Learn more at the official website: www.gatesway.org
Mission Statement of Gatesway Foundation Inc
Gatesway Foundation Inc is committed to encouraging independence and providing opportunities for individuals with intellectual disabilities. Their mission is to enable these individuals to live and work in the community, thereby improving their quality of life. Through residential care, the organization provides homes and the necessary support for over 50 people with intellectual and other disabilities, allowing them to live successfully in safe and nurturing environments. This, in turn, helps them achieve their goal of having a home. By fostering independence and offering opportunities, Gatesway Foundation Inc aims to empower individuals with intellectual disabilities, enabling them to lead fulfilling lives in their communities.
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Impact
July, 2024
Gatesway Foundation Inc's impact lies in providing residential care and support for over 50 individuals with intellectual and other disabilities in Broken Arrow, OK. Their focus on encouraging independence and creating opportunities for these individuals to live and work in the community helps improve their quality of life. Through their efforts, Gatesway Foundation Inc contributes to the empowerment and well-being of people with disabilities, allowing them to thrive in safe and loving environments while realizing their goals of having a home. Their work in the field of human services is instrumental in fostering inclusivity and supporting individuals to lead fulfilling lives.
This information is meant to be a general summary of Gatesway 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 2022.
- Investment Income: $1,670
- Program Service Revenue: $9,388,154
- Gross Receipts: $9,918,070
Assets and Liabilities:
- Total Assets: $5,467,940
- Total Liabilities: $1,526,309
- Net Assets: $3,941,631
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CRS - Comm Residential
Revenue
$7,649,307
ICF - Residential Care
Revenue
$1,094,717
VOC - Vocational Services
Revenue
$644,130
Organization Details
Founding Year
1965
Phone
(918) 258-3900Principal Officer
Greg Arend
Main Address
1217 East College, Broken Arrow, OK, 74012
Website
www.gatesway.orgNTEE Category
Code: P820 - Human services
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