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Housing Network Of Rhode Island

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

EIN: 050465216 ✦ Pawtucket, RI ✦ Designated as a 501(c)(3)

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Overview

What is Housing Network Of Rhode Island?

The Housing Network of Rhode Island is a nonprofit organization situated in Pawtucket, Rhode Island, specifically at 1070 Main Street. Its primary mission is to elevate the economic, educational, and social status of the local community's residents. The organization accomplishes this goal by offering advocacy and educational services to fellow non-profit organizations within Rhode Island. Additionally, the Housing Network extends its educational resources to the general public. Employing a team of five individuals, the organization strives to create a positive impact on the lives of Rhode Islanders.


Official website here: www.housingnetworkri.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)

The Housing Network of Rhode Island has achieved a solid Three-Star rating, reflecting a strong commitment to accountability and financial health. The organization scored 81% in the Accountability & Finance category, indicating effective management of resources and adherence to best practices in governance. The charity's financial transparency is bolstered by a fully independent board and various policies that promote integrity and accountability.

The organization demonstrates a high level of program efficiency, with an impressive program expense ratio of 85.08%, signifying that the majority of its funds are directed toward its mission-related activities. Additionally, there are no reported material diversions of assets, which speaks to its financial integrity. The presence of essential policies, such as conflict of interest and whistleblower protections, further enhances the organization's credibility.

Despite these strengths, the overall rating is based solely on the Accountability & Finance beacon, which may limit the assessment of the organization's impact and effectiveness in the community. While the financial indicators are strong, potential donors and stakeholders might seek additional insights into program outcomes and overall mission fulfillment to gain a more comprehensive view of the charity’s performance.


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

Is Housing Network Of Rhode Island legitimate?

Housing Network Of Rhode Island is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Network Of Rhode Island 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: $138,164
Professional Fundraising Fees: $0
Other Salaries and Wages: $326,144

For more financial information, click here


Official website here: www.housingnetworkri.org

What is the mission statement of Housing Network Of Rhode Island?

The Housing Network of Rhode Island has a mission to improve the economic, educational, and social standing of its residents. This organization achieves this goal by providing housing advocacy and educational services to various non-profit organizations situated in Rhode Island. Additionally, it offers educational resources to the general public, aiming to contribute to the overall betterment of the community.


Official website here: www.housingnetworkri.org

Who is the CEO of Housing Network Of Rhode Island?

Melina Lodge is the President of Housing Network Of Rhode Island.


Official website here: www.housingnetworkri.org

What is the revenue of Housing Network Of Rhode Island?

Housing Network Of Rhode Island's revenue in 2022 was $1,193,333.


Official website here: www.housingnetworkri.org

Who are the executives of Housing Network Of Rhode Island and what are their salaries?

The average compensation at Housing Network Of Rhode Island during 2022 was $92,862. There are 5 employees and 6 volunteers at Housing Network Of Rhode Island.


Here are 7 key members and their salaries:


Joseph Garlick Jr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Morris (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Weisinger (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colin Penney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Lamb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Hawkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melina Lodge (Executive Director)
  • Compensation: $127,271
  • Related: $0
  • Other: $0


Official website here: www.housingnetworkri.org

Where can I find the form 990 for Housing Network Of Rhode Island?

Housing Network Of Rhode Island's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.housingnetworkri.org

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

Mission Statement of Housing Network Of Rhode Island

The Housing Network of Rhode Island is committed to elevating the economic, educational, and social status of its residents. This nonprofit organization serves as an advocate and provider of educational services, not only for its member non-profit organizations situated in Rhode Island but also for the general public. By offering advocacy and educational resources, the Housing Network of Rhode Island aims to foster a sense of improvement and growth within the community, ultimately contributing to a more prosperous and enlightened society.

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Impact




July, 2024

Housing Network Of Rhode Island plays a crucial role in raising the economic, educational, and social levels of Rhode Island residents. Through its housing advocacy and educational services, the organization supports member nonprofit organizations across the state. Additionally, they provide educational services to the general public, contributing to the overall well-being of the community. Their focus on housing issues underscores the importance of stable and affordable housing in promoting prosperity and advancement for individuals and families in Rhode Island.




This information is meant to be a general summary of Housing Network Of Rhode Island. 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
$1,193,333 (2022)
Expenses
$998,705 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $348,210
  • Gross Receipts: $1,202,173

Assets and Liabilities:

  • Total Assets: $548,594
  • Total Liabilities: $97,797
  • Net Assets: $450,797

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

HOMES PROGRAM

Revenue

$348,210

Organization Details

Founding Year

1992

Principal Officer

Melina Lodge

Main Address

1070 MAIN STREET, PAWTUCKET, RI, 02860

NTEE Category

Code: L80Z - Housing

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