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Network Services

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

EIN: 911483490 ✦ Tacoma, WA ✦ Designated as a 501(c)(3)

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Overview

What is Network Services?

Network Services is a nonprofit organization situated in Tacoma, Washington. Established in 1990, it has been dedicated to assisting homeless families, with a particular focus on those with children. The organization operates 33 units of both low-income and transitional housing, aiming to break the cycle of homelessness. Besides housing, Network Services addresses the underlying causes of homelessness through a program designed to help families overcome their challenges and secure stable living situations. The organization employs a team of 4 individuals who share this mission of supporting families in the Puget Sound area.


Official website here: www.networktacoma.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 66%, Two-Star out of Four Star rating.

Network Services has received a moderately positive evaluation, with a 66% score reflecting strengths in its governance and accountability. The organization has achieved full marks in various categories, including having an independent board, a conflict of interest policy, and a whistleblower policy. Additionally, the program expense ratio is commendable, indicating that a significant portion of its funds is directed towards its mission-related activities.

However, despite these strengths, the overall score results in a Two-Star rating, suggesting that there may be areas for improvement. While the organization excels in accountability practices, it is important for stakeholders to consider the broader context of its financial management and overall effectiveness. The ratings indicate that while Network Services operates with a commitment to transparency, further enhancements in fiscal responsibility could bolster its standing.


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

Is Network Services legitimate?

Network Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Network Services 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: $220,955
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,751

For more financial information, click here


Official website here: www.networktacoma.org

What is the mission statement of Network Services?

Network Services, an organization established in 1990, has been dedicated to assisting homeless families, particularly those with children, in the Puget Sound area. Their primary goal is to break the cycle of homelessness. To achieve this, they provide necessary aid to families, aiming to help them transition out of homelessness. Network Services operates 33 units of housing, both low-income and transitional, and offers a program that addresses the underlying causes of homelessness to effectively disrupt this cycle within the families they serve.


Official website here: www.networktacoma.org

Who is the CEO of Network Services?

Greg Landon is the Chairman of Network Services.


Official website here: www.networktacoma.org

What is the revenue of Network Services?

Network Services's revenue in 2022 was $819,857.


Official website here: www.networktacoma.org

Who are the executives of Network Services and what are their salaries?

The average compensation at Network Services during 2022 was $61,926. There are 4 employees and 150 volunteers at Network Services.


Here are 6 key members and their salaries:


Chris Kimball (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Lathrop (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tina Kalinowski (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Lathrop (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Weyrick (Cfo, Founder)
  • Compensation: $63,683
  • Related: $0
  • Other: $24,000
Gregory Landon (Executive Director, Presid)
  • Compensation: $117,465
  • Related: $0
  • Other: $15,807


Official website here: www.networktacoma.org

Where can I find the form 990 for Network Services?

Network Services's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.networktacoma.org

Learn more at the official website: www.networktacoma.org

Mission Statement of Network Services

Network Services, established in 1990, has been dedicated to helping homeless families with children in the Puget Sound area. Their primary mission is to break the cycle of homelessness by providing assistance to these families, enabling them to leave their homeless situation behind. To achieve this goal, Network Services operates 33 units of housing, including both low-income and transitional housing units. Additionally, they offer a program focused on addressing the root causes of homelessness within the families they serve, with the ultimate aim of putting an end to homelessness in these families' lives.

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Impact




July, 2024

Network Services has a significant impact on the Puget Sound area by serving homeless families with a focus on families with children since 1990. Through their 33 units of housing, which include low-income and transitional housing, Network Services provides a stable living environment for families in need. Additionally, their programs address the root causes of homelessness, aiming to break the cycle of homelessness for the families they serve. By offering assistance and support, Network Services plays a crucial role in helping families leave homelessness behind and build a better future.




This information is meant to be a general summary of Network Services. 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
$819,857 (2022)
201120122013201420152016201720182019202020212022$0$250k$500k$750k$1M
Expenses
$556,359 (2022)
201120122013201420152016201720182019202020212022$0$150k$300k$450k$600k
Efficiency
2011201220132014201520162017201820192020202120220%15%30%59%

Other financial information:

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

  • Investment Income: $399,903
  • Program Service Revenue: $192,704
  • Gross Receipts: $961,629

Assets and Liabilities:

  • Total Assets: $2,390,296
  • Total Liabilities: $1,753,043
  • Net Assets: $637,253

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Programs

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

RENTAL INCOME

Revenue

$192,704

Organization Details

Founding Year

1990

Principal Officer

Greg Landon

Main Address

PO BOX 323, TACOMA, WA, 98401

NTEE Category

Code: P850 - Human services

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