Overview
What is Housing Support Inc?
Housing Support Inc, located at 12 Pleasant Street, Newburyport, Massachusetts 01950, is a nonprofit organization committed to offering housing and essential support services to low-income, homeless, and handicapped individuals. Their mission is centered around providing these individuals with the necessary aid to overcome their housing challenges and improve their overall well-being. With a team of five dedicated employees, Housing Support Inc provides a comprehensive range of support services to assist their beneficiaries in regaining stability and independence in their lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star rating
Housing Support Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and financial health. The organization has a robust governance structure, with 100% independent board members and comprehensive financial oversight, indicated by its high scores in areas such as audit and conflict of interest policies.
The charity shows strong program expense management, with approximately 83.80% of its expenses directed towards programs rather than administrative costs, which is a positive indicator of its commitment to its mission. However, it has a concerning liabilities to assets ratio of 71.55%, which may suggest potential financial challenges that could impact its operations in the long term.
While the organization has demonstrated strong practices in governance and program efficiency, the high liabilities to assets ratio highlights an area that needs attention. Overall, Housing Support Inc appears to be a responsible nonprofit with effective management but should focus on improving its financial stability.
This AI summary has been generated from information found on Charity Navigator.
Is Housing Support Inc legitimate?
Housing Support Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Support 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: $141,470
Professional Fundraising Fees: $0
Other Salaries and Wages: $197,411
For more financial information, click here
What is the mission statement of Housing Support Inc?
Housing Support Inc is dedicated to serving the needs of low-income individuals, the homeless, and those with disabilities. Their mission, as stated, is to offer housing and essential supportive services to this vulnerable population. Their primary goal is to improve the living conditions and overall well-being of these individuals, providing them with the necessary resources to lead fulfilling lives. The organization's activities are centered around providing housing solutions and related assistance, aiming to make a tangible difference in the lives of those who need it most.
Who is the CEO of Housing Support Inc?
Robert Jones is the President of Housing Support Inc.
What is the revenue of Housing Support Inc?
Housing Support Inc's revenue in 2022 was $1,545,230.
Who are the executives of Housing Support Inc and what are their salaries?
The average compensation at Housing Support Inc during 2022 was $67,776. There are 5 employees at Housing Support Inc.
Here are 6 key members and their salaries:
- Compensation: $125,304
- Related: $0
- Other: $5,716
- 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
Where can I find the form 990 for Housing Support Inc?
Housing Support Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Housing Support Inc
Housing Support Inc, as a nonprofit organization, is dedicated to providing essential housing and related support services to individuals who are financially disadvantaged, homeless, and handicapped. The primary mission of this organization is to offer a comprehensive suite of assistance aimed at improving the living situations and overall well-being of these vulnerable individuals. By offering housing and related support services, Housing Support Inc strives to create stable environments and provide the necessary resources for these individuals to lead more fulfilling lives.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Housing Support Inc provides crucial housing and related support services to low-income, homeless, and handicapped individuals in NEWBURYPORT, MA. Through their mission to offer stable housing solutions to those in need, Housing Support Inc makes a direct and positive impact on the lives of vulnerable individuals in the community. By addressing the pressing issue of housing insecurity, this organization plays a significant role in improving the overall well-being and stability of those they serve.
This information is meant to be a general summary of Housing Support 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: $442,520
- Program Service Revenue: $1,053,395
- Gross Receipts: $1,739,103
Assets and Liabilities:
- Total Assets: $6,016,102
- Total Liabilities: $4,304,589
- Net Assets: $1,711,513
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental income
Revenue
$1,045,072
Miscellaneous
Revenue
$8,323
Organization Details
Founding Year
1991
Phone
(978) 255-4752Principal Officer
Robert Jones
Main Address
12 Pleasant Street, Newburyport, MA, 01950
NTEE Category
Code: L20Z - Housing
If you are a representative of Housing Support Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.