Overview
What is Heritage Fields Iii Inc?
Heritage Fields Iii Inc is a nonprofit organization based in Decatur, Illinois, with a focus on promoting and conserving the physical and mental health of individuals residing in the Macon County area. The organization's mission is to exclusively engage in charitable activities aimed at improving overall well-being, regardless of race, color, religion, sex, national origin, ancestry, age, marital status, physical or mental handicap. Specifically, they work towards the prevention and care of nervous, emotional, and mental disorders, providing services without discrimination. Their charitable activities are meant to contribute positively to the community's health landscape.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58% (One-Star out of Four Stars)
Heritage Fields III Inc has received a One-Star rating from Charity Navigator, indicating concerns regarding its overall accountability and financial management. The organization demonstrates some strengths, including a high program expense ratio of 98.14%, which suggests that a significant portion of its budget is directed towards its programs rather than administrative costs. Additionally, the charity has a fully independent board, which is a positive aspect of its governance.
However, the organization struggles with a very high liabilities to assets ratio of 142.81%, which raises red flags about its financial stability and sustainability. While there are no reported issues with the diversion of assets and the board maintains transparency through documented meeting minutes, the financial challenges may impact its capacity to effectively deliver on its mission.
Overall, while Heritage Fields III Inc shows commitment in certain governance areas, the financial concerns highlighted in the rating warrant careful consideration from potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Heritage Fields Iii Inc legitimate?
Heritage Fields Iii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heritage Fields Iii 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: $10,251
For more financial information, click here
What is the mission statement of Heritage Fields Iii Inc?
The mission of Heritage Fields Iii Inc is focused on charitable activities aimed at promoting and conserving the physical and mental health of individuals. This organization strives to provide facilities for the prevention and care of nervous, emotional, and mental disorders, ensuring that its services are accessible to everyone, regardless of race, color, religion, sex, national origin, ancestry, age, marital status, or physical or mental handicap. In essence, Heritage Fields Iii Inc seeks to make a significant impact on the well-being of the community, offering a beacon of hope and support for those in need.
Who is the CEO of Heritage Fields Iii Inc?
Candace Clevenger is the President of Heritage Fields Iii Inc.
What is the revenue of Heritage Fields Iii Inc?
Heritage Fields Iii Inc's revenue in 2022 was $102,637.
Who are the executives of Heritage Fields Iii Inc and what are their salaries?
There 6 volunteers at Heritage Fields Iii Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Heritage Fields Iii Inc?
Heritage Fields Iii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Heritage Fields Iii Inc
Heritage Fields III Inc, a charitable organization, is dedicated to promoting and conserving the physical and mental health of people residing in their community. Their primary mission is to provide facilities for the prevention and care of nervous, emotional, and mental disorders, ensuring that these services are accessible to everyone, regardless of race, color, religion, sex, national origin, ancestry, age, marital status, physical or mental handicap. By doing so, Heritage Fields III Inc aims to make a significant difference in the lives of those struggling with various health issues, fostering an environment of inclusivity and compassion.
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Impact
June, 2024
Heritage Fields III Inc's impact is focused on promoting and conserving the physical and mental health of individuals in the Macon County area. They provide facilities for the prevention and care of nervous, emotional, and mental disorders, without discrimination based on race, color, religion, sex, national origin, ancestry, age, marital status, or physical or mental handicap. Their mission is dedicated to engaging in charitable activities that support the well-being of the community in Macon County, specifically in the area of mental health.
This information is meant to be a general summary of Heritage Fields Iii 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: $3,260
- Program Service Revenue: $96,618
- Gross Receipts: $102,637
Assets and Liabilities:
- Total Assets: $1,275,769
- Total Liabilities: $1,792,989
- Net Assets: -$517,220
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$96,618
Organization Details
Founding Year
2002
Phone
(217) 362-6262Principal Officer
Candace Clevenger
Main Address
PO BOX 710, DECATUR, IL, 62525
NTEE Category
Code: F33 - Mental health
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