Overview
What is Reach Foundation?
The Reach Foundation is a nonprofit organization dedicated to addressing the housing needs of senior citizens. Their primary mission involves providing senior citizen housing through various programs. This includes the operation of an assisted living/nursing home facility, catering to seniors who require additional care, and a senior citizens duplex housing area, offering independent living accommodations. The Foundation's aim is to ensure that elderly individuals have access to suitable housing options, thereby enhancing their quality of life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (71%, Two-Star out of Four Star rating)
The Reach Foundation holds a rating of 71% on Charity Navigator, indicating a need for improvement in certain areas. While the organization excels in accountability and finance, evidenced by a perfect score of 100% in this category, the overall rating reflects concerns that may affect its effectiveness and outreach.
Strengths of the Reach Foundation include a fully independent board with all members meeting the criteria for independence, and a solid track record in managing its assets and liabilities. Additionally, the organization demonstrates a strong commitment to its mission, allocating a significant 99.67% of its expenses directly to programs, which speaks to its focus on impact.
However, the two-star rating suggests there may be areas of operational or strategic concern that require attention. While financial management and board governance are strong points, the organization may need to enhance its transparency or community engagement efforts to improve its rating and overall public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Reach Foundation legitimate?
Reach Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reach Foundation 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: $43,323
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,028,406
For more financial information, click here
What is the mission statement of Reach Foundation?
The Reach Foundation's mission is centered around providing senior citizen housing. It achieves this objective through various programs, including an assisted living/nursing home facility and a senior citizens duplex housing area. By offering these services, the foundation aims to support the living needs of older adults, ensuring they have suitable accommodation options.
Who is the CEO of Reach Foundation?
Kenneth Webber is the President of Reach Foundation.
What is the revenue of Reach Foundation?
Reach Foundation's revenue in 2022 was $2,901,712.
Who are the executives of Reach Foundation and what are their salaries?
The average compensation at Reach Foundation during 2022 was $30,621. There are 35 employees and 50 volunteers at Reach Foundation.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Reach Foundation?
Reach Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Reach Foundation
The Reach Foundation, as a nonprofit organization, is committed to serving the needs of senior citizens. Its mission is clearly defined in providing senior citizen housing. This is accomplished through the implementation of various programs, including an assisted living and nursing home facility for seniors, and a senior citizens duplex housing area. By offering these housing options, the Reach Foundation aims to provide a secure and comfortable living environment for elderly individuals, ensuring they can age with dignity and independence. The organization's housing programs are designed to cater to the unique needs of senior citizens, ensuring they receive the care and support they require to maintain their quality of life.
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Impact
July, 2024
The Reach Foundation's impact is significant in providing essential housing solutions for senior citizens in Riverton, Wyoming. Through programs like assisted living/nursing home senior facilities and senior citizens duplex housing areas, the foundation plays a crucial role in ensuring that seniors have access to safe and comfortable living options. By prioritizing the well-being and quality of life for senior residents, the Reach Foundation's work positively impacts the community and enhances the overall welfare of its elderly population.
This information is meant to be a general summary of Reach Foundation. 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: $16,117
- Program Service Revenue: $1,312,753
- Gross Receipts: $3,534,025
Assets and Liabilities:
- Total Assets: $6,049,610
- Total Liabilities: $886,556
- Net Assets: $5,163,054
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$316,708
REIMBURSED EXP INC
Revenue
$186,078
SENIOR ASSIST LIVIN
Revenue
$809,967
Organization Details
Founding Year
1980
Principal Officer
Kenneth Webber
Main Address
PO BOX 846, Riverton, WY, 82501
NTEE Category
Code: L21Z - Housing
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