St Helenas Foundation Of Boston Inc

Co Charles Petit

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

EIN: 823687486 ✦ Boston, MA ✦ Designated as a 501(c)(3)

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Overview

What is St Helenas Foundation Of Boston Inc?

St. Helenas Foundation of Boston Inc is a nonprofit organization situated in Boston, Massachusetts, specifically at 677 Massachusetts Avenue STE Apt1. Their primary mission is to aid the residents of St. Helenas House and those in need within the South End District and surrounding neighborhoods. They accomplish this by funding various social and health programs, designed to address the physical, social, and psychological needs of these individuals. The foundation also supports the establishment and improvement of affordable housing, as per the guidelines set by its directors.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 40%

St Helenas Foundation Of Boston Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and finance practices. While the organization has strong governance features such as a fully independent board and no material diversion of assets, it falls short in critical areas like having a whistleblower policy and a document retention policy. These deficiencies contribute to its low overall score.

The foundation's financial practices are under scrutiny, particularly reflected in its program expense ratio of only 4.83%, suggesting that a minimal portion of its expenditures is directed towards its charitable programs. Additionally, the organization has a liabilities to assets ratio of 0.26%, which raises concerns about its financial health and sustainability.

Despite some commendable governance practices, the absence of essential policies and low program spending highlight significant limitations in the foundation's operational effectiveness. Potential donors and stakeholders may want to consider these factors when evaluating their support for the organization.


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

Is St Helenas Foundation Of Boston Inc legitimate?

St Helenas Foundation Of Boston Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Helenas Foundation Of Boston 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

What is the mission statement of St Helenas Foundation Of Boston Inc?

The St. Helenas Foundation of Boston Inc is committed to assisting residents in need, specifically those residing in the South End District of Boston and its surrounding neighborhoods. Their mission is to fund social and health programs that cater to the physical, social, and psychological needs of these individuals. The foundation supports both new and established programs, and also prioritizes the provision of affordable housing, in line with its objectives as determined by its directors. The foundation's activities primarily involve providing financial aid for these initiatives.

Who is the CEO of St Helenas Foundation Of Boston Inc?

Unavailable

What is the revenue of St Helenas Foundation Of Boston Inc?

St Helenas Foundation Of Boston Inc's revenue in 2023 was $48,742.

Who are the executives of St Helenas Foundation Of Boston Inc and what are their salaries?


Here are 7 key members and their salaries:


John Gonsalves (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Armitage (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Mihal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Mccall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reverend Kevin Oleary (President Clerk And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Petit (Treasurer And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for St Helenas Foundation Of Boston Inc?

St Helenas Foundation Of Boston Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of St Helenas Foundation Of Boston Inc

St. Helenas Foundation of Boston Inc is committed to aiding the residents of St. Helenas House and those in need in the South End District of Boston and its surrounding neighborhoods. Their mission involves providing financial assistance for social and health programs designed to cater to the physical, social, and psychological needs of these individuals. The foundation aims to fund both new and established programs, as well as support the development of new and improved affordable housing, all in line with its purpose as determined by its directors.

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Impact




October, 2024

St. Helena's Foundation of Boston Inc significantly enhances the quality of life for residents of St. Helena's House and individuals in need throughout the South End District of Boston and its surrounding neighborhoods. By funding social and health programs, the foundation addresses critical physical, social, and psychological needs, ensuring that vulnerable populations receive the comprehensive support they require.

The organization plays a vital role in fostering community well-being. Its funding facilitates both new and established initiatives focused on health and social services, aligning resources with the pressing needs of the community. Furthermore, the foundation's commitment to improving affordable housing contributes to long-term stability and security for residents, creating a more equitable living environment.

In essence, the impact of St. Helena's Foundation is multi-faceted, promoting health, enhancing social cohesion, and facilitating access to essential services. Through these efforts, the foundation strengthens the community fabric and uplifts those who may be marginalized or in need.




This information is meant to be a general summary of St Helenas Foundation Of Boston 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
$48,742 (2023)
Expenses
$28,838 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $48,742
  • Gross Receipts: $48,742

Assets and Liabilities:

  • Total Assets: $1,867,804
  • Total Liabilities: $4,928
  • Net Assets: $1,862,876

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Organization Details

Founding Year

2017

Main Address

677 Massachusetts Avenue STE Apt1, Boston, MA, 02118

NTEE Category

Code: L00 - Housing

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