Overview
What is Northaven Inc?
Northaven Inc, located in Seattle, Washington, is a nonprofit organization with a mission to support the community's elderly population. Their primary focus is on providing affordable housing and nutritionally balanced meals for approximately 200 low-income elderly individuals. With a dedicated workforce of 55 employees, Northaven Inc aims to ensure the well-being and comfort of its residents, contributing positively to their daily lives. The organization's activities and mission are centered around enhancing the living conditions of the elderly population in the Seattle area, promoting overall wellness and social interaction within the community.
Official website here: www.northavenseniorliving.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81% (Three-Star out of Four Star rating).
Northaven Inc demonstrates a solid performance in terms of accountability and finance, earning an overall score of 81%. This score indicates that the organization has effective financial management practices in place, as all aspects of the evaluation focus solely on the Accountability & Finance beacon. The presence of a predominantly independent board, along with comprehensive oversight mechanisms, contributes to this positive assessment.
The organization showcases strengths such as a high program expense ratio of 82.63%, reflecting a strong commitment to directing funds toward its mission rather than administrative costs. Additionally, Northaven Inc has established essential policies, including conflict of interest and whistleblower protections, which further enhance its governance framework.
While the rating is commendable, stakeholders may still look for information on the organization's program impact and effectiveness beyond financial metrics. However, the emphasis on accountability suggests a responsible approach to managing donor funds.
This AI summary has been generated from information found on Charity Navigator.
Is Northaven Inc legitimate?
Northaven Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northaven 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.
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Official website here: www.northavenseniorliving.org
What is the mission statement of Northaven Inc?
Northaven Inc is committed to serving approximately 200 low-income elderly individuals by providing them with housing and nutritionally balanced meals. This mission is carried out through the provision of apartment dwellings, parking facilities, and regular meals that are well-balanced in nutritional content. The organization aims to enhance the living conditions and overall well-being of this demographic group, ensuring they have access to essential needs.
Official website here: www.northavenseniorliving.org
Who is the CEO of Northaven Inc?
Theresa Peloso is the President of Northaven Inc.
Official website here: www.northavenseniorliving.org
What is the revenue of Northaven Inc?
Northaven Inc's revenue in 2022 was $2,895,916.
Official website here: www.northavenseniorliving.org
Who are the executives of Northaven Inc and what are their salaries?
There are 55 employees and 16 volunteers at Northaven Inc.
Here are 12 key members and their salaries:
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Official website here: www.northavenseniorliving.org
Where can I find the form 990 for Northaven Inc?
Northaven Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.northavenseniorliving.org
Learn more at the official website: www.northavenseniorliving.org
Mission Statement of Northaven Inc
Northaven Inc, a nonprofit organization, is committed to providing essential support for approximately 200 low-income elderly individuals. Its mission is twofold: to offer them secure housing and ensure they receive nutritionally balanced meals. By providing apartment dwellings, parking facilities, and well-balanced meals, Northaven Inc strives to enhance the living conditions of this vulnerable population. The organization's goal is to contribute positively to their daily lives, thereby improving their overall well-being.
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Impact
July, 2024
Northaven Inc's impact is significant in providing housing and nutritionally balanced meals to approximately 200 low-income elderly individuals in Seattle. Through their efforts, they are ensuring that this vulnerable population has access to safe and affordable housing as well as proper nutrition, which are essential for promoting their overall well-being and quality of life. This organization plays a crucial role in addressing the needs of elderly individuals who may otherwise struggle to meet these basic requirements.
This information is meant to be a general summary of Northaven 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: $421
- Program Service Revenue: $1,984,974
- Gross Receipts: $2,895,916
Assets and Liabilities:
- Total Assets: $5,082,268
- Total Liabilities: $7,326,344
- Net Assets: -$2,244,076
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$1,435,476
MEAL SERVICE
Revenue
$404,999
LAUNDRY & OTHER
Revenue
$144,499
Organization Details
Founding Year
1972
Phone
(206) 365-3020Principal Officer
Theresa Peloso
Main Address
11045 8TH AVE NE, SEATTLE, WA, 98125
NTEE Category
Code: L22Z - Housing
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