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Homes For Families Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043351172 ✦ Boston, MA ✦ Designated as a 501(c)(3)

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Overview

What is Homes For Families Inc?

Homes For Families Inc is a Massachusetts-based nonprofit organization that has a mission to combat family homelessness. They aim to achieve this by advocating for improved public policies, providing information and referral services, and fostering community engagement. Their advocacy initiatives involve educating policy-makers on solutions to homelessness and increasing resources and changing policies to prevent and reduce homelessness. Community organizing activities, such as visioning days, forums, and events, help to engage the broader community in understanding the realities and solutions to family homelessness. Leadership development initiatives empower families who have experienced homelessness and shelter providers to become advocates, equipping them with workshops, trainings, and ongoing committees. Research and evaluation efforts enhance the organization's understanding of family homelessness issues, supporting the development of best practices and policies. Lastly, the organization offers state-wide phone referrals to homeless and at-risk families, as well as administering the family side of a vacancy clearinghouse for homeless families in Boston.


Official website here: www.homesforfamilies.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79%, Three-Star out of Four Star rating

Homes For Families Inc has received a 79% rating, which indicates a solid level of accountability and financial health. This score is primarily derived from its accountability and finance metrics, reflecting the charity's commitment to transparency and responsible management of funds. The organization has achieved full marks in several areas, including having a majority of independent board members and effective financial oversight.

Strengths noted include the charity's low liabilities to assets ratio of 15.17%, demonstrating strong financial stability, and a healthy program expense ratio of 65.80%, indicating that a significant portion of its expenditures is directed towards its programs. Additionally, the charity benefits from a well-structured board with independent oversight, which is crucial for maintaining integrity in operations.

However, there are some limitations, particularly regarding the absence of key governance policies such as a conflict of interest policy, whistleblower policy, and document retention policies. These missing elements could raise concerns about the organization's governance framework, highlighting areas for potential improvement to enhance its overall accountability.


This AI summary has been generated from information found on Charity Navigator.

Is Homes For Families Inc legitimate?

Homes For Families Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homes For Families 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: $81,820
Professional Fundraising Fees: $0
Other Salaries and Wages: $95,902

For more financial information, click here


Official website here: www.homesforfamilies.org

What is the mission statement of Homes For Families Inc?

Homes For Families Inc is an advocacy organization dedicated to ending family homelessness in Massachusetts. The organization operates on a collaborative approach, involving families who have experienced homelessness, service providers, and advocacy and information and referral agencies. They aim to improve public policies by educating, organizing, and advocating for holistic and community-based solutions to address the root causes of family homelessness. Homes For Families Inc provides emergency and permanent solutions to individuals and family members, utilizing their expertise in advocacy, information, and referral services. Their mission is centered around advocating for improved policies and providing necessary support to end family homelessness.


Official website here: www.homesforfamilies.org

Who is the CEO of Homes For Families Inc?

Gabrielle Vacheresse is the Co-Chair of Homes For Families Inc. The CEO's salary of Homes For Families Inc is $57,092 and their total compensation is $64,535.


Official website here: www.homesforfamilies.org

What is the revenue of Homes For Families Inc?

Homes For Families Inc's revenue in 2021 was $659,809.


Official website here: www.homesforfamilies.org

Who are the executives of Homes For Families Inc and what are their salaries?

The average compensation at Homes For Families Inc during 2021 was $59,241. There are 3 employees and 20 volunteers at Homes For Families Inc.


Here are 14 key members and their salaries (Homes For Families Inc's CEO's salary is $57,092 and their total compensation is $64,535):


Cicely Jordan (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gabrielle Vacheresse (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Warren (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Idony Lisle (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosa Almanzar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Bayer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tekaila Bolding (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ernestine Gallegos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tina Goodnow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Levine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Hollis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Rosi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Stewart (Chief Exec Officer (Until 4/21))
  • Compensation: $57,092
  • Related: $0
  • Other: $7,443


Official website here: www.homesforfamilies.org

Where can I find the form 990 for Homes For Families Inc?

Homes For Families Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.homesforfamilies.org

Learn more at the official website: www.homesforfamilies.org

Mission Statement of Homes For Families Inc

Homes For Families Inc is a statewide advocacy organization with a mission to end family homelessness in Massachusetts. They achieve this goal through emergency and permanent solutions for individuals and family members who have experienced homelessness. Homes For Families Inc adopts a collaborative approach, gathering input from families who have experienced homelessness, service providers, and advocacy and information and referral agencies. By doing so, they aim to create improved public policies that address the root causes of family homelessness with holistic and community-based solutions. This organization is dedicated to educating, organizing, and advocating for policy changes that will ultimately provide lasting solutions to family homelessness.

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Impact




July, 2024

Homes For Families Inc's impact is significant in its mission to end family homelessness through advocacy, information, and referral services in Massachusetts. The organization engages in policy advocacy efforts to educate policymakers on solutions to homelessness, increase resources, change policies, and prevent and reduce homelessness while enhancing economic mobility in the Commonwealth. Through community organizing activities, Homes For Families fosters a culture of consumer-driven programming, solution-focused policy advocacy, and civic engagement within the family shelter community. Additionally, the organization's leadership development initiatives aim to increase the capacity of families who have experienced homelessness and shelter providers to become involved in the community and in the movement to end homelessness. Research, evaluation, and technical assistance efforts enhance the organization's understanding of family homelessness issues to support effective advocacy and development of best practices and policies. Moreover, Homes For Families provides statewide phone referrals to homeless and at-risk families seeking housing, shelter, benefits, and services, along with administering a vacancy clearinghouse linking homeless families in shelters to apartments set aside by the city for homeless families and individuals. Through these multifaceted approaches, Homes For Families Inc is actively working towards creating emergency and permanent solutions for individuals and families experiencing homelessness in Massachusetts.




This information is meant to be a general summary of Homes For Families 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.

Revenue
$659,809 (2021)
Expenses
$350,169 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $4
  • Gross Receipts: $659,809

Assets and Liabilities:

  • Total Assets: $449,297
  • Total Liabilities: $68,193
  • Net Assets: $381,104

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Organization Details

Founding Year

1996

Principal Officer

Gabrielle Vacheresse

Main Address

43 BOWDOIN STREET SUITE A, BOSTON, MA, 02114

NTEE Category

Code: L80 - Housing

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