Overview
What is Iha Inc?
Iha Inc, located in Westport, Connecticut, is a nonprofit organization dedicated to providing affordable and supportive housing for individuals in need. Their mission is to offer 8 housing units across 3 buildings, with tenant rents subsidized by the HUD. Additionally, they provide case management services to their residents, ensuring they have the necessary support to maintain their living situation. These services are provided by Home with Hope employees, separate from Iha Inc's staff. Iha Inc's purpose is to make housing more accessible and supportive for those in their community, offering a vital resource in meeting the needs of their clients.
Official website here: www.hwhct.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Iha Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The organization scored 100% in Accountability & Finance, indicating a high level of transparency and effective management of resources. Their majority independent board, consisting entirely of independent members, further enhances their governance structure.
The charity showcases excellent financial metrics, with a program expense ratio of 91.87%, signifying that a significant portion of their expenses directly supports their programs. Additionally, they maintain a healthy liabilities to assets ratio of 44.42%, which suggests sound financial stability. The presence of comprehensive policies, including conflict of interest, whistleblower, and document retention policies, underscores their dedication to ethical standards.
While the rating reflects a robust operational framework, continued focus on maintaining these high standards will be essential for Iha Inc to sustain its positive reputation and effectiveness in fulfilling its mission. Overall, the organization appears well-managed and committed to serving its community efficiently.
This AI summary has been generated from information found on Charity Navigator.
Is Iha Inc legitimate?
Iha Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iha 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: $0
For more financial information, click here
Official website here: www.hwhct.org
What is the mission statement of Iha Inc?
Iha Inc's mission is centered around providing affordable, supportive housing units and offering case management services to its tenants. The housing units, spread across three buildings, are subsidized by HUD, making them more accessible for individuals in need. Iha Inc's activities extend beyond just housing provision. They also offer case management services, which are essential in supporting and assisting their tenants. However, it's important to note that the case management services are provided by Home with Hope employees, separate from Iha Inc's staff.
Official website here: www.hwhct.org
Who is the CEO of Iha Inc?
Helen Mcalinden is the Chair of Iha Inc. The CEO's salary of Iha Inc is $0 and their total compensation is $151,540.
Official website here: www.hwhct.org
What is the revenue of Iha Inc?
Iha Inc's revenue in 2022 was $134,236.
Official website here: www.hwhct.org
Who are the executives of Iha Inc and what are their salaries?
There 18 volunteers at Iha Inc.
Here are 23 key members and their salaries (Iha Inc's CEO's salary is $0 and their total compensation is $151,540):
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- Related: $125,482
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- Related: $70,473
- Other: $12,912
- Compensation: $0
- Related: $104,321
- Other: $9,005
Official website here: www.hwhct.org
Where can I find the form 990 for Iha Inc?
Iha Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hwhct.org
Learn more at the official website: www.hwhct.org
Mission Statement of Iha Inc
Iha Inc, a nonprofit organization, is dedicated to providing affordable and supportive housing units along with essential case management services. With the support of the HUD, Iha Inc offers subsidized tenant rents for eight housing units spread across three buildings. The mission of Iha Inc extends beyond just providing housing; it also involves offering case management services to its tenants. Although the expenses for this legal entity are solely focused on the provision and maintenance of housing, the case management and referral services are provided by Home with Hope employees who are not affiliated with Iha Inc. By providing both affordable housing and support services, Iha Inc aims to enhance the living conditions and well-being of its tenants, offering them a safe and nurturing environment.
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Impact
October, 2024
Iha Inc plays a significant role in enhancing community well-being through the provision of affordable, supportive housing units in Westport, Connecticut. By offering 8 housing units across 3 buildings, Iha Inc addresses critical housing needs for individuals and families who might otherwise face challenges in securing safe and stable accommodations.
The organization ensures that tenant rents are subsidized by HUD, making housing accessible to those with limited financial resources. This approach not only alleviates some of the financial burdens faced by tenants but also supports stability in their lives, fostering a sense of community and belonging.
In addition to housing, the case management services provided, albeit by Homes with Hope employees, complement the supportive framework intended for the residents. These services assist tenants in navigating various challenges, ultimately contributing to improved quality of life and increased chances for independence and self-sufficiency.
Through its focused mission, Iha Inc not only provides essential housing services but also cultivates a supportive environment that empowers individuals, strengthens families, and contributes positively to the community fabric.
This information is meant to be a general summary of Iha 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: $14
- Program Service Revenue: $132,657
- Gross Receipts: $134,236
Assets and Liabilities:
- Total Assets: $524,780
- Total Liabilities: $233,150
- Net Assets: $291,630
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING FEES
Revenue
$132,657
Organization Details
Founding Year
2000
Phone
(203) 226-3426Principal Officer
Helen Mcalinden
Main Address
PO BOX 631, WESTPORT, CT, 06881
Website
www.hwhct.orgNTEE Category
Code: L21 - Housing
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