Overview
What is East House Foundation Inc?
East House Foundation Inc is a nonprofit organization based in Rochester, New York, with an address at 259 Monroe Avenue, 14607. Its primary purpose is to provide financial and institutional support to East House Corporation and its tax-exempt affiliates. To achieve this, the foundation solicits, collects, accepts, holds, invests, reinvests, and administers gifts, bequests, grants, contributions, donations, and property of any sort, without any restrictions on the amount or value. The foundation's mission is to benefit East House Corporation and its affiliates, working towards their growth and success.
Official website here: www.easthouse.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: One-Star out of Four Stars (56%)
East House Foundation Inc has received a One-Star rating on Charity Navigator, indicating significant concerns regarding its financial practices and transparency. The organization does demonstrate strong governance features, such as a fully independent board and robust policies in place for conflict of interest and whistleblower protections. However, the overall low score reflects serious issues in financial management, particularly highlighted by a lack of transparency regarding its financial documents.
The foundation's accountability and finance score is notably low, primarily due to its poor program expense ratio of 13.68%, which suggests that a very small portion of its budget is directed towards actual program services. In addition, the absence of its tax form on the nonprofit's website raises questions about its commitment to transparency and public accountability. While the organization has certain strengths in governance, the financial concerns may limit its effectiveness in serving its mission.
Overall, while East House Foundation Inc has established some strong governance practices, the significant shortcomings in financial transparency and program expenditure may hinder its ability to gain public trust and effectively fulfill its mission.
This AI summary has been generated from information found on Charity Navigator.
Is East House Foundation Inc legitimate?
East House Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. East House 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: $103,251
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.easthouse.org
What is the mission statement of East House Foundation Inc?
The East House Foundation Inc is established to support East House Corporation and its tax-exempt affiliates. Its primary objective is to gather, manage, and reinvest donations and property of any kind. The foundation aims to provide financial and institutional support to East House Corporation, with the ultimate goal of benefiting its affiliates. The foundation's activities focus on soliciting, collecting, and administering gifts, bequests, grants, contributions, donations, and property.
Official website here: www.easthouse.org
Who is the CEO of East House Foundation Inc?
Lindsay Gozzi-Theobald is the Chair of East House Foundation Inc. The CEO's salary of East House Foundation Inc is $0 and their total compensation is $112,359.
Official website here: www.easthouse.org
What is the revenue of East House Foundation Inc?
East House Foundation Inc's revenue in 2022 was $954,777.
Official website here: www.easthouse.org
Who are the executives of East House Foundation Inc and what are their salaries?
There 5 volunteers at East House Foundation Inc.
Here are 8 key members and their salaries (East House Foundation Inc's CEO's salary is $0 and their total compensation is $112,359):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $182,991
- Other: $32,962
- Compensation: $0
- Related: $108,688
- Other: $3,671
- Compensation: $0
- Related: $106,164
- Other: $19,753
Official website here: www.easthouse.org
Where can I find the form 990 for East House Foundation Inc?
East House Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.easthouse.org
Learn more at the official website: www.easthouse.org
Mission Statement of East House Foundation Inc
The East House Foundation Inc, a charitable organization, is dedicated to benefiting East House Corporation and its tax-exempt affiliates. Its primary mission is to solicit, collect, accept, hold, invest, reinvest, and administer gifts, bequests, grants, contributions, donations, and property of any kind. In pursuit of this goal, the Foundation serves to provide financial and institutional support to East House Corporation. By doing so, it aims to foster the growth and development of the organization, ensuring its continued success and positive impact.
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Impact
June, 2024
East House Foundation Inc's impact is crucial in providing financial and institutional support to East House Corporation, a nonprofit organization dedicated to promoting mental health and well-being. Through soliciting, collecting, and administering gifts, grants, and donations, the Foundation helps ensure that East House Corporation and its affiliates have the resources needed to continue their important work in the Rochester, NY community. By supporting mental health initiatives, East House Foundation Inc plays a vital role in improving the lives of individuals facing mental health challenges.
This information is meant to be a general summary of East House 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: $49,819
- Gross Receipts: $1,000,237
Assets and Liabilities:
- Total Assets: $3,030,243
- Total Liabilities: $0
- Net Assets: $3,030,243
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Organization Details
Founding Year
2018
Phone
(585) 238-4800Principal Officer
Lindsay Gozzi-Theobald
Main Address
259 MONROE AVENUE, ROCHESTER, NY, 14607
Website
www.easthouse.orgNTEE Category
Code: F12 - Mental health
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