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Fairwaycares Inc

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

EIN: 814590885 ✦ Madison, WI ✦ Designated as a 501(c)(3)

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Overview

What is Fairwaycares Inc?

Fairwaycares Inc is a nonprofit organization situated in Madison, Wisconsin. Their primary focus is on providing support, services, gifts, and special experiences to individuals struggling with serious or terminal illnesses or coping with the loss of a loved one. The organization's mission is to convey hope, courage, strength, and love to their team members, clients, and family through care packages. Their core programs include tailored care packages for adults and children dealing with critical illnesses, physical traumas, or bereavement. Additionally, they extend support to caregivers. As of now, Fairwaycares Inc caters to the caring needs of Fairway employees and their network, extending a helping hand during challenging times.


Official website here: www.fairwaycares.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88% (Three-Star out of Four Stars)

Fairwaycares Inc has received a Three-Star rating, indicating a strong level of accountability and financial health. The organization achieved an overall score of 88%, driven solely by its accountability and finance metrics. The rating reflects a commitment to transparency and effective management, highlighted by 100% independent board members and a robust financial oversight structure.

The organization's strengths are evident in several key areas, including a high program expense ratio of 95.45%, suggesting that the majority of its funds are directed towards its mission-related activities. Additionally, Fairwaycares exhibits solid governance practices with well-documented board meeting minutes and a conflict of interest policy in place. However, the absence of a whistleblower policy and document retention and destruction policy is noted as a limitation, which could impact overall governance effectiveness.

Overall, Fairwaycares Inc appears to prioritize its financial integrity and accountability, making it a commendable choice for donors looking to support nonprofit organizations. While there are areas for improvement in governance policies, the strong emphasis on program expenses and independent oversight positions the organization favorably in the nonprofit sector.


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

Is Fairwaycares Inc legitimate?

Fairwaycares Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fairwaycares 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: $0

For more financial information, click here


Official website here: www.fairwaycares.org

What is the mission statement of Fairwaycares Inc?

Fairwaycares Inc's mission is centered around providing support and relief to individuals suffering from serious or terminal illnesses or those who have lost a loved one. Their mission statement, in simple terms, is to send hope, courage, strength, and love to those in need, primarily through the distribution of care packages. These packages are tailored for adults or children diagnosed with critical illnesses, those who have sustained physical traumas, or for those who have experienced the loss of a loved one. In addition, care packages are also sent to caregivers. Fairwaycares' operations are currently designed to meet the caring requests of Fairway employees, offering support during times of loss or hardship within their family, community, office, or business circles.


Official website here: www.fairwaycares.org

Who is the CEO of Fairwaycares Inc?

Sherri Anderson is the President & Chairperson of Fairwaycares Inc.


Official website here: www.fairwaycares.org

What is the revenue of Fairwaycares Inc?

Fairwaycares Inc's revenue in 2022 was $1,389,603.


Official website here: www.fairwaycares.org

Who are the executives of Fairwaycares Inc and what are their salaries?

There 70 volunteers at Fairwaycares Inc.


Here are 7 key members and their salaries:


Sherri Anderson (President & Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dylan Anderson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard Krupinski (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Gilbert (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marlene Sorenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Shaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Jacobson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fairwaycares.org

Where can I find the form 990 for Fairwaycares Inc?

Fairwaycares Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fairwaycares.org

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

Mission Statement of Fairwaycares Inc

FairwayCares Inc, a nonprofit organization, is dedicated to providing support, services, gifts, and special experiences to individuals who are grappling with serious or terminal illnesses or have experienced the loss of a loved one. Their mission is multifaceted, aiming to send hope, courage, strength, and love to their clients, teammates, and their families during these challenging times.

At the heart of FairwayCares' operations are two core programs: care packages and financial assistance. The care packages are meticulously tailored for adults, children diagnosed with critical illnesses, those who have suffered physical traumas, or for those who have lost a loved one. These thoughtfully curated packages are also extended to caregivers, offering them a source of comfort during their difficult journey. The organization's mission is to be a source of support during times of loss or hardship, extending its care to individuals within their family, community, office, or business circles.

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Impact




July, 2024

Fairwaycares Inc's impact is profound and far-reaching. By providing support, services, gifts, and special experiences to individuals suffering from serious or terminal illness or loss of a loved one, they bring hope, courage, strength, and love to those in need. Through their core programs of care packages and financial assistance, tailored for both adults and children facing critical illness or trauma, Fairwaycares Inc is able to alleviate distress and offer much-needed support to caregivers as well. Their dedication to showing support to their community, team members, clients, and beyond demonstrates a commitment to empathy and compassion in the face of adversity.




This information is meant to be a general summary of Fairwaycares 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.

Revenue
$1,389,603 (2022)
Expenses
$1,524,068 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $23,909
  • Gross Receipts: $1,389,603

Assets and Liabilities:

  • Total Assets: $4,057,738
  • Total Liabilities: $157,240
  • Net Assets: $3,900,498

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Organization Details

Founding Year

2016

Principal Officer

Sherri Anderson

Main Address

4750 S BILTMORE LANE, MADISON, WI, 53718

NTEE Category

Code: G12 - Disease

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