Overview
What is Champ Homes Inc?
Champ Homes Inc, situated in Hyannis, Massachusetts, serves as a beacon of support for individuals experiencing homelessness or near-homelessness in the Cape Cod community. This nonprofit organization, home to 6 employees, offers a nurturing environment that empowers its residents to strive towards their full potential. The 82 School Street campus accommodates a diverse population, while the Ready Home primarily houses head-injured individuals. The Alice O'Neill House provides short-term and long-term transitional housing, with additional support offered through case management and life skills training. Champ Homes Inc adheres to an "A hand up, not a hand out" approach, emphasizing self-improvement and independence. Throughout the year, residents receive daily nutrition, health programs, and various other initiatives to enhance their well-being. The organization actively networks within the community to foster a more supportive environment and combat the root causes of homelessness. Champ Homes Inc also supports Team M25 and its programs, continuing to contribute positively to the Cape Cod and Islands community.
Official website here: www.champhomes.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
Champ Homes Inc demonstrates a solid performance with an overall rating of 87%, indicating a good level of accountability and financial health. The organization boasts a fully independent board with 100% independent members, which enhances its governance structure. Additionally, it has strong oversight mechanisms in place, such as a well-structured audit and finance committee.
One of the strengths of Champ Homes Inc is its commitment to transparency, as evidenced by its comprehensive policies on conflicts of interest, whistleblower protections, and document retention. The charity has a favorable liabilities to assets ratio, signifying its ability to manage debts effectively, which contributes to its credibility among stakeholders.
However, while the program expense ratio is decent at 62.77%, there is room for improvement in this area, as a higher percentage typically indicates a greater allocation of resources towards direct programs. Overall, Champ Homes Inc stands out for its governance and financial accountability but could enhance its program efficiency to further bolster its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Champ Homes Inc legitimate?
Champ Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Champ 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $236,823
For more financial information, click here
Official website here: www.champhomes.org
What is the mission statement of Champ Homes Inc?
Champ Homes Inc is committed to providing an affordable and supportive living environment for individuals who have previously experienced homelessness or near homelessness. The organization aims to help each resident reach their full potential. The organization's activities include serving approximately 80 individuals annually and offering daily nutrition, health programs, and life skills training. They also collaborate with external consultants to provide educational and job search support. Champ Homes Inc adopts a "hand up" approach, rather than a "hand out," and engages in community networking to address the root causes of homelessness and build a more supportive community response. The organization also supports Team M25 and its programs.
Official website here: www.champhomes.org
Who is the CEO of Champ Homes Inc?
Mark Boudreau is the President of Champ Homes Inc.
Official website here: www.champhomes.org
What is the revenue of Champ Homes Inc?
Champ Homes Inc's revenue in 2022 was $658,227.
Official website here: www.champhomes.org
Who are the executives of Champ Homes Inc and what are their salaries?
The average compensation at Champ Homes Inc during 2022 was $39,470. There are 6 employees and 140 volunteers at Champ Homes Inc.
Here are 12 key members and their salaries:
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Official website here: www.champhomes.org
Where can I find the form 990 for Champ Homes Inc?
Champ Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.champhomes.org
Learn more at the official website: www.champhomes.org
Mission Statement of Champ Homes Inc
Champ Homes Inc, a prominent nonprofit organization, is dedicated to providing an affordable and supportive living environment for individuals in need. Its mission is to empower each resident, regardless of their background, who may have previously been homeless or near homelessness. By offering a home, Champ Homes Inc aims to provide a foundation from which individuals can progress towards realizing their full potential.
The organization operates various homes and programs, catering to diverse populations with unique needs. For instance, the Ready Home primarily houses head-injured individuals, while the Alice O'Neill House provides short-term and long-term transitional housing. Champ Homes Inc offers additional case and life skills support, collaborating with community organizations to provide educational and job search programs.
The approach Champ Homes Inc employs is characterized as a "hand up" rather than a "hand out." This means that the organization supports its residents in becoming self-sufficient, rather than simply providing them with resources. This holistic approach also includes daily nutrition and health programs, aimed at improving the overall well-being of its residents.
By networking within the community, Champ Homes Inc seeks to build a more supportive response to the root causes of homelessness. The organization's commitment extends beyond its own programs, as it also supports Team M25 and its initiatives. In essence, Champ Homes Inc is a beacon of hope and support for individuals in need, providing them with a safe and nurturing environment to grow and thrive.
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Impact
July, 2024
Champ Homes Inc's impact can be seen in the lives of the individuals they serve on Cape Cod and the Islands. By providing affordable and supportive housing, Champ Homes Inc allows each person to move towards their full potential. The organization serves a diverse population, including those who were homeless or at risk of homelessness when they arrived at Champ Homes Inc. In 2019 alone, approximately 80 individuals were served by the organization.
Champ Homes Inc is a leader in the Cape Cod community, filling the gaps in other housing programs and supporting individuals from various backgrounds. Through programs like the Ready Home for head-injured individuals and the Alice O'Neill House for transitional housing, Champ Homes Inc offers not just housing but also critical case management and life skills support. They focus on providing a "hand up" rather than a "handout," empowering residents to improve their well-being and work towards sustainable independence.
Additionally, Champ Homes Inc engages in networking within the communities to address the root causes of homelessness and build a more supportive community response. By offering daily nutrition, pathways to health, life skills training, and job search support, Champ Homes Inc is actively working to improve the lives of those in need on Cape Cod and the Islands.
This information is meant to be a general summary of Champ 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: $1,245
- Program Service Revenue: $299,719
- Gross Receipts: $659,110
Assets and Liabilities:
- Total Assets: $1,911,621
- Total Liabilities: $25,893
- Net Assets: $1,885,728
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$299,719
Organization Details
Founding Year
1988
Phone
(508) 771-0885Principal Officer
Mark Boudreau
Main Address
82 SCHOOL STREET, HYANNIS, MA, 02601
Website
www.champhomes.orgNTEE Category
Code: L80Z - Housing
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