Overview
What is Community Housing Options Inc?
Community Housing Options Inc is a nonprofit organization situated in Concord and Maynard, Massachusetts. Their primary mission is to offer subsidized housing for 18 individuals with intellectual disabilities, accommodating them in three group homes located within these cities. Their mission is centered around providing a supportive living environment for those in need, aiming to enhance their quality of life.
Official website here: www.minutemanarc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating
Community Housing Options Inc has earned an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. This rating is based on a comprehensive evaluation, with a perfect score in key areas such as board independence, financial transparency, and policy implementation, indicating a high level of organizational integrity.
The organization boasts a completely independent board of directors, which enhances its governance and decision-making processes. Furthermore, Community Housing Options Inc maintains robust financial health, as shown by a low liabilities to assets ratio and a high program expense ratio, underscoring its focus on utilizing funds effectively for its mission.
While the organization shows exemplary performance in several areas, ongoing transparency and adherence to best practices will be crucial as they continue to serve their community. The absence of material asset diversion and the presence of well-defined policies further solidify their credibility in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Community Housing Options Inc legitimate?
Community Housing Options Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Housing Options 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:
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Official website here: www.minutemanarc.org
What is the mission statement of Community Housing Options Inc?
Community Housing Options Inc is committed to providing subsidized housing for individuals with intellectual disabilities. Specifically, they operate three group homes located in Concord and Maynard, Massachusetts, which cater to 18 individuals with intellectual disabilities, offering them a supportive living environment. The organization's primary goal is to ensure these individuals have access to suitable housing, thereby enhancing their overall quality of life.
Official website here: www.minutemanarc.org
What is the revenue of Community Housing Options Inc?
Community Housing Options Inc's revenue in 2024 was $218,484.
Official website here: www.minutemanarc.org
Who are the executives of Community Housing Options Inc and what are their salaries?
There 11 volunteers at Community Housing Options Inc.
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Official website here: www.minutemanarc.org
Where can I find the form 990 for Community Housing Options Inc?
Community Housing Options Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.minutemanarc.org
Learn more at the official website: www.minutemanarc.org
Mission Statement of Community Housing Options Inc
Community Housing Options Inc, a nonprofit organization, is dedicated to providing subsidized housing for individuals with intellectual disabilities. Their mission is to offer a living space for 18 individuals who are affected by intellectual disabilities. This mission is carried out through the operation of three group homes, strategically located in Concord and Maynard, Massachusetts. These homes serve as safe and supportive environments, offering a sense of independence and community for the individuals residing there. The organization's mission is to enhance the quality of life for these individuals, providing them with a secure and nurturing environment that caters to their unique needs.
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Impact
October, 2024
Community Housing Options Inc significantly enhances the lives of individuals with intellectual disabilities by providing stable and supportive living environments. Through three group homes located in Concord and Maynard, Massachusetts, the organization offers subsidized housing for 18 individuals, fostering independence and community integration.
The impact of these group homes extends beyond mere shelter; they create a nurturing atmosphere where residents can develop social skills, build relationships, and engage in their communities. This supportive setting not only contributes to the overall well-being of individuals but also promotes dignity and quality of life. By offering a dedicated space for personal growth and connection, Community Housing Options Inc plays a critical role in addressing the housing needs of this underserved population, ultimately empowering them to thrive.
This information is meant to be a general summary of Community Housing Options 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 2024.
- Investment Income: $2,068
- Program Service Revenue: $98,719
- Gross Receipts: $218,484
Assets and Liabilities:
- Total Assets: $905,420
- Total Liabilities: $165,078
- Net Assets: $740,342
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$98,719
Organization Details
Founding Year
1994
Principal Officer
Britton Wilson
Website
www.minutemanarc.orgNTEE Category
Code: P73Z - Human services
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