Overview
What is Harbor Homes Inc?
Harbor Homes Inc, also known as Harbor Care, is a nonprofit organization based in Nashua, New Hampshire. They provide essential housing and supportive services for over 1,000 individuals annually who are at risk of or experiencing homelessness. Harbor Homes is the largest supplier of supportive housing in New Hampshire, with more than 30 properties. Their services extend beyond their own housing, as they distribute vouchers for use in the private rental market. Harbor Homes offers a range of vital supports, including medical, dental, and mental healthcare; substance misuse treatment; employment services; veteran services; home care; and HIV/AIDS services. Their mission is to help all members of their community in need, with a vision of ensuring everyone can live safe, stable, and healthy lives. Harbor Homes employs a workforce of 358 individuals.
Official website here: www.harborcarenh.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Harbor Homes Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid performance in terms of accountability and finance. The organization scored particularly well in areas such as having a majority of independent board members, strong financial oversight, and the presence of essential policies like conflict of interest and whistleblower protections. These factors contribute to its overall strong governance and transparency, which are crucial for donor trust and effective resource management.
Despite the strong score in accountability, the organization received a lower rating in the liabilities to assets ratio, indicating potential concerns about financial leverage. However, it maintains a robust program expense ratio, with 83.5% of its expenses allocated directly to its programs. This suggests that Harbor Homes Inc is focused on maximizing its impact and ensuring that a significant portion of donations is utilized for its core mission.
Overall, while Harbor Homes Inc performs well in governance and program management, it may need to address its financial liabilities to enhance its overall health and sustainability. Continuous efforts in financial management could further strengthen their standing and effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Harbor Homes Inc legitimate?
Harbor Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harbor Homes 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: $876,729
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,017,175
For more financial information, click here
Official website here: www.harborcarenh.org
What is the mission statement of Harbor Homes Inc?
Harbor Homes Inc's mission is to offer essential services, encompassing housing and healthcare, to individuals in their communities who require assistance. Their vision envisions a world where everyone can live safely, stably, and healthily, with a sense of purpose, respect, and dignity. Harbor Homes operates over 30 properties, acting as the largest provider of supportive housing for the homeless in New Hampshire, serving over 1,000 individuals annually. Their veteran-focused program, Veterans FIRST, uses outreach, housing, emergency subsidies, and employment supports to prevent veteran homelessness.
Official website here: www.harborcarenh.org
Who is the CEO of Harbor Homes Inc?
Henry Och is the Board Member of Harbor Homes Inc. The CEO's salary of Harbor Homes Inc is $336,343 and their total compensation is $423,122.
Official website here: www.harborcarenh.org
What is the revenue of Harbor Homes Inc?
Harbor Homes Inc's revenue in 2022 was $36,882,083.
Official website here: www.harborcarenh.org
Who are the executives of Harbor Homes Inc and what are their salaries?
The average compensation at Harbor Homes Inc during 2022 was $44,396. There are 358 employees and 25 volunteers at Harbor Homes Inc.
Here are 20 key members and their salaries (Harbor Homes Inc's CEO's salary is $336,343 and their total compensation is $423,122):
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- Compensation: $336,343
- Related: $6,500
- Other: $80,279
- Compensation: $167,631
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- Other: $34,899
- Compensation: $226,538
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- Compensation: $235,825
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- Compensation: $189,566
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- Compensation: $170,421
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- Other: $27,323
- Compensation: $158,515
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- Other: $43,330
- Compensation: $154,386
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- Other: $42,145
Official website here: www.harborcarenh.org
Where can I find the form 990 for Harbor Homes Inc?
Harbor Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.harborcarenh.org
Learn more at the official website: www.harborcarenh.org
Mission Statement of Harbor Homes Inc
Harbor Homes Inc, a leading nonprofit organization, is committed to enhancing the lives of communities' members in need by offering essential services including housing and healthcare. The mission of this esteemed institution is to extend a helping hand to all those who require assistance, envisioning a world where everyone can live safely, stably, and healthily.
At the heart of Harbor Homes Inc's mission lies the provision of housing, a fundamental requirement for individuals to escape homelessness and establish a sense of independence. Owning and managing over thirty properties, this organization offers more than just a roof over people's heads; it provides the necessary support structures to help individuals sustain their independence within their communities. By serving approximately 1,000 individuals annually through their own housing and via vouchers in the private rental market, Harbor Homes Inc is the largest supplier of supportive housing for those experiencing homelessness in New Hampshire.
In addition to offering housing, Harbor Homes Inc extends its support to veterans, ensuring that no servicemember remains homeless in the state. This mission is achieved through targeted outreach, the allocation of emergency subsidies, and the provision of employment supports within their Veterans FIRST programming. Harbor Homes Inc's dedication to this cause is unwavering, as it strives to provide essential services and create opportunities for those in need to build a better future for themselves and their families.
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Impact
October, 2024
Harbor Homes Inc significantly impacts the lives of over 5,000 individuals and families in New Hampshire each year, focusing on those at risk of or experiencing homelessness. By operating more than 30 properties, it stands as the largest builder and supplier of supportive housing in the state, providing the essential foundation needed for individuals to escape homelessness and sustain their independence.
The organization's multifaceted approach includes not only housing but also a range of critical support services. It offers medical, dental, and mental healthcare, substance misuse treatment, employment services, and support specifically aimed at veterans through its Veterans FIRST programming. This comprehensive support network ensures that vulnerable populations receive the necessary resources to improve their lives.
Harbor Homes also facilitates access to private rental markets by distributing housing vouchers, further extending its reach and effectiveness. With a mission centered on dignity, respect, and community well-being, the organization envisions a future where all individuals can lead safe, stable, and fulfilling lives.
This information is meant to be a general summary of Harbor Homes 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: $3,306
- Program Service Revenue: $14,434,023
- Gross Receipts: $37,070,206
Assets and Liabilities:
- Total Assets: $28,609,694
- Total Liabilities: $19,379,703
- Net Assets: $9,229,991
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Health Center services (FQHC)
Revenue
$5,960,856
Patient services
Revenue
$4,775,972
Rents and housing support
Revenue
$3,442,633
Other programs and assistance
Revenue
$254,562
Organization Details
Founding Year
1980
Phone
(603) 882-3616Principal Officer
Henry Och
Main Address
77 Northeastern Boulevard, Nashua, NH, 03062
Website
www.harborcarenh.orgNTEE Category
Code: L21Z - Housing
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