Overview
What is Home Inc?
Home Inc, located in Orland, Maine, is a nonprofit organization that focuses on uplifting low-income and needy individuals and families in the coastal/eastern Maine area. Their services encompass employment opportunities, job training, potential homeownership, and life skills training. Through their construction, crafts, and retail operations, they aim to empower their beneficiaries financially and personally. In 2020, they reported sales receipts of $23,702. beyond employment and financial assistance, Home Inc also provides food, education, temporary shelter, and resources to help families achieve long-term housing solutions.
Official website here: www.homemmausa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Star rating)
Home Inc received a commendable Three-Star rating from Charity Navigator, indicating a strong performance in terms of accountability and finance, alongside solid impact measurement practices. The organization excelled in financial oversight, demonstrating effective governance through comprehensive policies like conflict of interest and whistleblower protections. Its high program expense ratio further suggests that a significant portion of its funding is directed toward its mission.
The organization scored particularly well in leadership and adaptability, achieving a perfect score in that category. This reflects a robust strategy and the ability to respond effectively to changing circumstances, which are critical components for long-term sustainability and impact. However, while the impact measurement score was respectable, there is room for improvement, as it indicates that the organization may need to enhance its methods for evaluating outcomes.
Despite its strengths, potential donors and stakeholders should keep in mind that the overall score also reflects a need for ongoing development in impact evaluation. Strengthening this aspect could help Home Inc enhance its transparency and effectiveness further in communicating its successes and areas for improvement.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Home Inc?
88% of 14 reviewers on Facebook recommend Home Inc. Here’s a summary of their insights:
The organization is recognized for its welcoming and respectful environment, where individuals from all backgrounds are treated kindly. One volunteer enthusiastically shared their positive experience, emphasizing the organization's commitment to fostering a supportive community.
Overall, the sentiment toward Home Inc is positive, with many expressing appreciation for the nonprofit's dedication to inclusion and respect. It is seen as an admirable place to volunteer and contribute to positive change.
This AI summary has been generated from reviews found on Facebook.
Is Home Inc legitimate?
Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Home 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: $180,608
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,290,997
For more financial information, click here
Official website here: www.homemmausa.org
What is the mission statement of Home Inc?
Home Inc, as an organization, is committed to providing essential services to low-income families and those in need. Their mission encompasses offering employment opportunities, food assistance, education, temporary shelter, and even the possibility of home ownership. Through their construction, crafts, and retail operations, they provide job training, potential homeownership, and life skills to numerous individuals and families in their community. The revenue from these operations in 2020 was $23,702.
Official website here: www.homemmausa.org
Who is the CEO of Home Inc?
Tracey Hair is the Executive Di of Home Inc.
Official website here: www.homemmausa.org
What is the revenue of Home Inc?
Home Inc's revenue in 2022 was $2,973,951.
Official website here: www.homemmausa.org
Who are the executives of Home Inc and what are their salaries?
The average compensation at Home Inc during 2022 was $22,994. There are 64 employees and 61 volunteers at Home Inc.
Here are 11 key members and their salaries:
- Compensation: $84,412
- Related: $0
- Other: $0
- Compensation: $57,348
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- Other: $0
- Compensation: $38,098
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.homemmausa.org
Where can I find the form 990 for Home Inc?
Home Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.homemmausa.org
Learn more at the official website: www.homemmausa.org
Mission Statement of Home Inc
Home Inc, a nonprofit organization, is dedicated to aiding low-income families and those in need by offering employment opportunities, food assistance, education, temporary shelter, and a pathway to homeownership. Through its construction, crafts, and retail operations, Home Inc provides job training, potential homeownership prospects, and life skills to numerous individuals and families residing in the coastal/eastern Maine area. In 2020, Home Inc generated sales receipts totaling 23,702, demonstrating its impact and influence in the community.
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Impact
July, 2024
Home Inc's impact is significant as it provides jobs, food, education, temporary shelter, and the opportunity for home ownership to low-income families and individuals in need. Through its construction, crafts, and retail operations, Home Inc offers employment, job training, and life skills to dozens of individuals and families in the coastal/eastern Maine area. In 2020, the organization generated $23,702 in sales receipts from these operations, showcasing its tangible contribution to supporting those facing economic challenges in the community.
This information is meant to be a general summary of Home 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: $217,483
- Program Service Revenue: $129,915
- Gross Receipts: $5,766,405
Assets and Liabilities:
- Total Assets: $7,460,656
- Total Liabilities: $907,987
- Net Assets: $6,552,669
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING RENTS
Revenue
$89,124
DAYCARE AND OTHER FEES
Revenue
$40,791
Organization Details
Founding Year
1970
Phone
(207) 469-7961Principal Officer
Tracey Hair
Main Address
P O BOX 10, ORLAND, ME, 04472
Website
www.homemmausa.orgNTEE Category
Code: P20 - Human services
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