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Providence Network Fka The Executive Network

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 742505406 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Providence Network Fka The Executive Network?

Providence Network Fka The Executive Network is an urban transformational housing organization situated in Denver, Colorado. Their mission is to assist impoverished individuals, including men, women, and families, in overcoming addiction, abuse, and homelessness, enabling them to become self-sufficient and productive members of society. They accomplish this through a residential program, which consists of a two-year transitional housing scheme. This program includes individual counseling, group therapy, vocational assistance, life skills development, spiritual growth, and strict accountability with 24/7 live-in staff. The organization operates six properties in Denver, providing housing for up to 160 people at a time. These properties offer various supportive services, including food, counseling, support groups, and life skills development, to help individuals and families in transition. In FY 2022-23, Providence Network served a total of 157 individuals.


Official website here: www.providencenetwork.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 100%, Four-Star out of Four Star Rating

Providence Network, formerly known as The Executive Network, has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. The charity's overall score indicates robust practices, particularly in the areas of Accountability & Finance, where it scored a perfect 100%. This high rating suggests that donors can trust the organization to manage its financial resources effectively.

In terms of organizational strengths, Providence Network demonstrates a high level of independence on its board, with 100% of board members being independent. The charity also scored highly in various accountability measures, including its financial statements and conflict of interest policies. Additionally, the organization shows a commitment to community engagement, reflected in its Culture & Community score of 98%, and it has made significant investments in leadership development.

However, while the charity excels in several areas, there is a noted limitation in the Leadership & Adaptability category, where it scored only 16%. Despite this, the organization has shown resilience by quickly adapting to challenges posed by COVID-19, indicating that it is responsive to changing circumstances. Overall, Providence Network appears to be a well-managed nonprofit with strong financial health and a focus on community impact.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Providence Network Fka The Executive Network?

The Providence Network, also known as The Executive Network, has begun receiving its first reviews on Facebook, with a commendation highlighting its transformative impact on individuals over the years. One user, reflecting on a deep personal connection to the organization, praised the selfless dedication of the staff and the profound love they demonstrate toward residents. The reviewer emphasized that the staff exemplifies the principles of compassion and accountability, contributing to significant life changes for those in their care.

This heartfelt testimonial illustrates a strong sense of community and commitment among the staff members. By embodying the values of the Great Commission, the organization not only provides support but also inspires others in the field through its example of genuine love and encouragement.

Overall, the sentiment surrounding Providence Network is optimistic and appreciative. The initial reviews suggest that the organization effectively supports those it serves, fostering a nurturing environment that resonates with both residents and those who have witnessed its impact over the years.


This AI summary has been generated from reviews found on Facebook.

Is Providence Network Fka The Executive Network legitimate?

Providence Network Fka The Executive Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Providence Network Fka The Executive Network 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: $784,142

For more financial information, click here


Official website here: www.providencenetwork.org

What is the mission statement of Providence Network Fka The Executive Network?

Providence Network, formerly known as The Executive Network, is an urban organization that focuses on transformational housing. Its mission is to aid impoverished individuals, including men, women, and families, in overcoming addiction, abuse, and homelessness. This is achieved through a 2-year transitional housing program, known as "FirstStep," which integrates individual counseling, group therapy, vocational assistance, life skills development, spiritual growth, and strict accountability, all under the watchful eye of live-in staff 24/7. Graduates of this program can further their journey towards self-sufficiency in Providence Network's "NextStep" drug and alcohol-free, affordable, and supportive apartment communities.


Official website here: www.providencenetwork.org

Who is the CEO of Providence Network Fka The Executive Network?

Derek Kuykendall is the Executive Director of Providence Network Fka The Executive Network.


Official website here: www.providencenetwork.org

What is the revenue of Providence Network Fka The Executive Network?

Providence Network Fka The Executive Network's revenue in 2023 was $2,290,463.


Official website here: www.providencenetwork.org

Who are the executives of Providence Network Fka The Executive Network and what are their salaries?

The average compensation at Providence Network Fka The Executive Network during 2023 was $28,005. There are 28 employees and 185 volunteers at Providence Network Fka The Executive Network.


Here are 10 key members and their salaries:


Andrew Chapin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Middel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Milholm (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christy Porter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kacey Pickard (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
F Kevin Kurtz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Scherer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Bolt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Kuykendall (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Cannon (Homes Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.providencenetwork.org

Where can I find the form 990 for Providence Network Fka The Executive Network?

Providence Network Fka The Executive Network's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.providencenetwork.org

Learn more at the official website: www.providencenetwork.org

Mission Statement of Providence Network Fka The Executive Network

Providence Network, formerly known as The Executive Network, is an urban, transformative housing organization dedicated to assisting impoverished individuals, both men and women, as well as families, in overcoming addictions, abuse, and homelessness. The organization aims to empower these individuals to become self-sufficient and productive members of their communities. Providence Network achieves this goal through a unique living-in-community model. This model includes a two-year transitional housing program called "FirstStep," which focuses on individual counseling, group therapy, vocational assistance, life skills development, spiritual growth, and strict accountability with 24/7 live-in staff. Upon completion of the "FirstStep" program, graduates have the opportunity to continue their growth in Providence Network's "NextStep" drug- and alcohol-free, affordable, and supportive apartment communities. These communities provide a nurturing environment that enables individuals to continue their journey towards self-sufficiency.

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Impact




July, 2024

Providence Network, formerly known as The Executive Network, has a significant impact on the Denver community by providing urban, transformational housing for impoverished individuals and families. Through their innovative programs, they help individuals heal from addictions, abuse, and homelessness, empowering them to become self-sufficient and productive members of society.

Providence Network operates six transformational housing properties in Denver, including three Level 1 "FirstStep" transitional homes and three Level 2 "NextStep" communities. They offer a comprehensive range of supportive services such as counseling, support groups, life skills development, employment training, and healthy social activities. By providing subsidized housing, access to essential services, and a supportive living environment, Providence Network contributes to the rehabilitation and empowerment of individuals in need.

On any given day, their six homes can serve up to 160 people, showcasing the reach and impact of their programs. By helping individuals and families recover from addiction, domestic violence, and homelessness, Providence Network plays a vital role in transforming lives and creating a positive impact on the community.




This information is meant to be a general summary of Providence Network Fka The Executive Network. 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.

Revenue
$2,290,463 (2023)
Expenses
$2,063,988 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $650
  • Program Service Revenue: $604,946
  • Gross Receipts: $2,290,463

Assets and Liabilities:

  • Total Assets: $9,890,135
  • Total Liabilities: $3,148,134
  • Net Assets: $6,742,001

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RESIDENCE FEES

Revenue

$536,215

VENDING, REBATES, OTHER

Revenue

$68,731

Organization Details

Founding Year

1987

Principal Officer

Derek Kuykendall

Main Address

801 LOGAN STREET, DENVER, CO, 80203

NTEE Category

Code: P20 - Human services

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