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Toby House V Inc

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

EIN: 860950586 ✦ Phoenix, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Toby House V Inc?

Toby House V Inc is a dedicated nonprofit organization based in Phoenix, Arizona, committed to providing residential housing for very low-income disabled individuals. Specifically, the organization aims to accommodate 16 apartments to cater to this demographic within the Phoenix area. The core mission of Toby House V Inc is to offer a supportive living environment for mentally challenged individuals, ensuring they receive the care and accommodations they need to thrive.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 80%, Three-Star out of Four Star rating.

Toby House V Inc has received a solid Three-Star rating from Charity Navigator, indicating a good level of accountability and financial health. The charity scored particularly well in various areas, achieving full points for its independent board composition and material diversion of assets, which suggests effective governance and transparency in operations.

The organization demonstrates a strong commitment to responsible financial management, with a program expense ratio of 78.31%. This suggests that a significant portion of its funds are directed towards its programs rather than administrative costs, reflecting a focus on delivering its mission effectively. The presence of a conflict of interest policy and documented board meeting minutes further emphasizes its dedication to accountability.

However, while the financial metrics are robust, the overall score is derived from a single beacon score, indicating that there may be other areas where the organization has room for improvement. Future evaluations could benefit from a more comprehensive assessment of different operational aspects beyond just accountability and finance.


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

Is Toby House V Inc legitimate?

Toby House V Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Toby House V 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: $21,611

For more financial information, click here

What is the mission statement of Toby House V Inc?

Toby House V Inc is an organization dedicated to providing residential housing for very low-income, disabled individuals. Specifically, their mission is to offer a safe and supportive living environment for these individuals, ensuring they have access to the basic necessities they need to thrive. The project, comprising sixteen apartment units, is thoughtfully designed to cater to the unique needs of its residents, aiming to enhance their overall quality of life. Toby House V Inc is committed to fostering a sense of community and helping its residents integrate into society, providing them with the opportunity to live as independently as possible.

Who is the CEO of Toby House V Inc?

Stephen Thompson is the Principal Officer of Toby House V Inc. The CEO's salary of Toby House V Inc is $0 and their total compensation is $353,637.

What is the revenue of Toby House V Inc?

Toby House V Inc's revenue in 2022 was $132,868.

Who are the executives of Toby House V Inc and what are their salaries?

There 10 volunteers at Toby House V Inc.


Here are 12 key members and their salaries (Toby House V Inc's CEO's salary is $0 and their total compensation is $353,637):


Steve Thompson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrienne C Scheck Phd (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Lawson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Hatfield (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Herold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucy Treiman Phd Psyd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Firminger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Evers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Blount Swain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Jennifer Hartmark-Hill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Sheets (President/Ceo)
  • Compensation: $0
  • Related: $333,956
  • Other: $19,681
Mike Fett (Treasurer)
  • Compensation: $0
  • Related: $265,239
  • Other: $24,899
Where can I find the form 990 for Toby House V Inc?

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

Mission Statement of Toby House V Inc

Toby House V Inc, a nonprofit organization, is dedicated to providing residential housing for very low-income disabled individuals. The mission of this organization is to create an inclusive living environment that caters to the unique needs of its residents. By offering sixteen apartment units, Toby House V Inc aims to offer a home where individuals who are mentally challenged can lead independent lives with the necessary support and care. The project, located somewhere in the Phoenix area, is designed to provide not just a roof over the heads of its residents, but also a sense of community and belonging. Toby House V Inc's commitment extends beyond housing, as it also strives to offer facilities and services that cater to the needs of its residents, ensuring they live with dignity and respect.

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Impact




June, 2024

Toby House V Inc's impact lies in its provision of essential residential housing for mentally challenged individuals in the Phoenix area. By offering a safe and supportive environment for very low-income disabled individuals, this organization plays a crucial role in addressing the housing needs of this vulnerable population. Through its mission to provide residential housing, Toby House V Inc contributes to enhancing the quality of life and well-being of individuals facing mental health challenges in the Phoenix community.




This information is meant to be a general summary of Toby House V 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
$132,868 (2022)
Expenses
$149,629 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5
  • Program Service Revenue: $47,032
  • Gross Receipts: $132,868

Assets and Liabilities:

  • Total Assets: $792,984
  • Total Liabilities: $386,309
  • Net Assets: $406,675

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TENANT RENTS

Revenue

$47,032

Organization Details

Founding Year

1997

Principal Officer

Stephen Thompson

Main Address

3450 N 3RD ST, PHOENIX, AZ, 85012

NTEE Category

Code: F33 - Mental health

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