Better Business Bureau

Charity Contact Information BBB Wise Giving Alliance Comments Programs

Tax Status Governance Fund Raising Financial

Name:	Gateway Homes, Inc.
Address:	11901 Reedy Branch Road
	Chesterfield, VA 23838
Phone:	804-490-6715
Web Address:	www.gatewayhomes.org

Gateway Homes, Inc. meets the 20 Standards for Charity Accountability.

Gateway’s Life Skills and Education Program fulfills its mission within three structured residential settings. The first consists of an assisted living facility where staff provides 24-hour supervision. Each consumer is offered healthcare education, individual training and counseling each week. When residents are ready for increased independence, they move to supervised apartments on campus. In these settings residents continue their involvement in healthcare education; they are also provided with individual counseling, vocational rehabilitation, and educational services so they can live more independently, find employment and/or return to school and rejoin the community. In Gateway's third residential setting, individuals graduate to their own housing in the community. Residents continue to receive Gateway's support through psychiatric counseling, transportation to medical/psychiatric appointments, and assistance with employment as needed.

For the fiscal year ended September 30, 2011, Gateway Homes, Inc.'s program expenses were:

Program Services	1,760,940
Total Program Expenses:	$1,760,940

Chief Executive : Daniel Herr, Executive Director

Compensation*:

113,358

Chair of the Board: Mr. L. Thompson Hanes
Chair's Profession / Business Affiliation: Sands Anderson, Attorney

Board Size: 16

Paid Staff Size: 50

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:

direct mail, print advertisements, grant proposals, internet, planned giving arrangements

Fund raising costs were 6% of related contributions. (Related contributions, which totaled $1,568,311, are donations received as a result of fund raising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Gateway Homes, Inc.'s audited financial statements for the fiscal year ended September 30, 2011.

Source of Funds
Resident Fees	1,739,675
Contributions	1,568,311
Change in value of charitable gift annuity obligation	135,344
Federal Housing Assistance	110,864
Investment Income	11,892
Miscellaneous	1,256
Gain (loss) on disposal of property and equiptment	-24,624
Total Income	$3,542,718

Uses of Funds as a % of Total Expenses

Programs: 88%  Fund Raising: 5%  Administrative: 7%

Total income				$3,542,718
	Program expenses			$1,760,940
	Fund raising expenses			95,241
	Administrative expenses			135,870
Total expenses				$1,992,051
Income in Excess of Expenses				1,550,667
Beginning net assets				2,884,008
Ending net assets				4,434,675
Total liabilities				781,961
Total assets				$5,216,636