Overview
What is Eras Home Ii?
Eras Home II is a nonprofit organization situated in Culver City, California. Its primary focus is to provide a group home for individuals with developmental disabilities, offering a supportive environment to help them develop independent living skills. The home, which houses six individuals, is regulated by the Housing and Urban Development Department (HUD) with regards to rental charges and operational methods. Eras Home II strives to foster an atmosphere that encourages personal growth and independence for its residents, ensuring they lead fulfilling lives within their community.
Official website here: www.ecf.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
Eras Home II has achieved a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The score reflects a comprehensive evaluation, with a focus entirely on the Accountability & Finance beacon. The organization scored particularly high in areas such as having a majority of independent board members and maintaining a robust conflict of interest policy, which demonstrates a commitment to transparency and governance.
However, while Eras Home II excels in several accountability metrics, it has raised concerns regarding its financial ratios. Notably, the liabilities to assets ratio is significantly high at 193.37%, which may suggest financial instability. Despite this, the organization maintains a high program expense ratio of 95.94%, indicating that a substantial portion of its expenses is directed toward its programs rather than administrative costs.
Overall, Eras Home II shows strengths in governance and programmatic efficiency, though potential donors and supporters should be aware of its high liabilities, which could impact its long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Eras Home Ii legitimate?
Eras Home Ii is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eras Home Ii 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: $22,234
For more financial information, click here
Official website here: www.ecf.net
What is the mission statement of Eras Home Ii?
Eras Home II is committed to providing a group home environment for individuals with developmental disabilities. Their mission is centered around facilitating the learning of independent living skills for this population. Regulated by the Housing and Urban Development Department (HUD), the programs offered at Eras Home II are designed to promote self-sufficiency and independence. The home, located in an unspecified location, hosts six beds and operates in accordance with HUD-regulated rent charges and operating methods.
Official website here: www.ecf.net
Who is the CEO of Eras Home Ii?
Veronica Arteaga is the Board Chair of Eras Home Ii. The CEO's salary of Eras Home Ii is $0 and their total compensation is $362,511.
Official website here: www.ecf.net
What is the revenue of Eras Home Ii?
Eras Home Ii's revenue in 2022 was $37,140.
Official website here: www.ecf.net
Who are the executives of Eras Home Ii and what are their salaries?
There 5 volunteers at Eras Home Ii.
Here are 6 key members and their salaries (Eras Home Ii's CEO's salary is $0 and their total compensation is $362,511):
- 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: $356,895
- Other: $5,616
Official website here: www.ecf.net
Where can I find the form 990 for Eras Home Ii?
Eras Home Ii's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ecf.net
Learn more at the official website: www.ecf.net
Mission Statement of Eras Home Ii
Eras Home II, a nonprofit organization, is dedicated to providing a group home environment for individuals with developmental disabilities. This mission is carried out by offering a residential facility equipped with six beds, situated in Culver City, California. The organization's programs are regulated by the Housing and Urban Development Department (HUD), ensuring that the rent charged and operating methods adhere to set standards. The primary goal of Eras Home II is to teach independent living skills to its residents, aiming to empower them to lead more self-sufficient lives. The organization's programs are designed with this objective in mind, fostering an environment that encourages growth and development for its residents.
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Impact
August, 2024
Eras Home II's impact is significant in providing a stable and supportive living environment for the developmentally disabled population in Culver City, California. By offering a group home with specialized programs aimed at teaching independent living skills, Eras Home II empowers residents to lead more autonomous and fulfilling lives. This organization's work directly improves the quality of life for its residents, fostering a sense of belonging and community for individuals who may face challenges in traditional housing settings. The presence of Eras Home II contributes to the overall welfare of the developmentally disabled population in Culver City and demonstrates a commitment to human services and social responsibility.
This information is meant to be a general summary of Eras Home Ii. 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.
- Program Service Revenue: $20,406
- Gross Receipts: $37,140
Assets and Liabilities:
- Total Assets: $362,346
- Total Liabilities: $641,950
- Net Assets: -$279,604
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLIENT RENTS
Revenue
$20,406
Organization Details
Founding Year
1995
Phone
(310) 204-3300Principal Officer
Veronica Arteaga
Main Address
5350 MACHADO ROAD, CULVER CITY, CA, 90230
Website
www.ecf.netNTEE Category
Code: P80 - Human services
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