Overview
What is Homes Anew I Ltd?
Homes Anew I Ltd is a nonprofit organization situated in Old Bethpage, New York, specifically at 191 Sweet Hollow Road. Their primary mission is to establish, operate, and maintain community residences for individuals with developmental disabilities. Over the years, they have received funding from the U.S. Department of Housing and Urban Development (HUD) under Section 811 of the National Affordable Housing Act. This funding facilitated the purchase and renovation of buildings to provide suitable housing for individuals with disabilities. The organization operates under HUD guidelines for a period of 40 years, ensuring a consistent and supportive environment for those residing in their homes.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
Homes Anew I Ltd has received a high score of 94%, indicating strong performance in accountability and finance. The organization demonstrates a commitment to transparency and efficiency, as evidenced by its perfect score in areas such as independent board membership, conflict of interest policy, and program expense ratio. With 83.80% of expenses directed towards programs, the charity showcases a focus on its mission rather than administrative costs.
The organization has a fully independent board, comprising three members, which helps ensure unbiased governance. It also maintains key policies regarding whistleblower protection and document retention, highlighting its commitment to ethical operations. The absence of material diversion of assets further reinforces its fiscal responsibility and integrity.
Overall, Homes Anew I Ltd exemplifies accountability and effective financial management, making it a reliable choice for potential donors. Its strong performance metrics position it well within the nonprofit sector, though potential contributors should still consider other aspects of its mission and impact when making decisions.
This AI summary has been generated from information found on Charity Navigator.
Is Homes Anew I Ltd legitimate?
Homes Anew I Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homes Anew I Ltd 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
What is the mission statement of Homes Anew I Ltd?
Homes Anew I Ltd is dedicated to establishing, operating, and maintaining community residences for individuals with developmental disabilities. Their mission is encapsulated in their Community Residence Program, which provides living spaces for individuals with such disabilities. In the past, Homes Anew I Ltd has received financial assistance from HUD under Section 811 of the National Affordable Housing Act, using the funds to purchase and renovate buildings to provide housing for people with disabilities. These homes are operated in accordance with HUD guidelines for a period of 40 years.
Who is the CEO of Homes Anew I Ltd?
Susan Dickinson is the Chairperson of Homes Anew I Ltd. The CEO's salary of Homes Anew I Ltd is $0 and their total compensation is $0.
What is the revenue of Homes Anew I Ltd?
Homes Anew I Ltd's revenue in 2022 was $165,838.
Who are the executives of Homes Anew I Ltd and what are their salaries?
There 3 volunteers at Homes Anew I Ltd.
Here are 6 key members and their salaries (Homes Anew I Ltd's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Homes Anew I Ltd?
Homes Anew I Ltd's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Homes Anew I Ltd
Homes Anew I Ltd is a nonprofit organization dedicated to establishing, operating, and maintaining community residences for individuals with developmental disabilities. Through its Community Residence Program, Homes Anew I Ltd provides housing solutions for these individuals, ensuring they live in accommodations that meet HUD guidelines. In the early 2000s and in 2006, the organization received a capital advance from HUD under Section 811 of the National Affordable Housing Act. This funding was utilized to purchase and renovate buildings, ultimately providing homes for individuals with disabilities. Homes Anew I Ltd is committed to operating these residences for a period of 40 years, ensuring stable and supportive living environments for its residents.
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Impact
October, 2024
Homes Anew I Ltd focuses on creating supportive living environments for individuals with developmental disabilities. By establishing, operating, and maintaining community residences, the organization plays a crucial role in enhancing the quality of life for its residents. This initiative not only provides necessary housing but also fosters a sense of community and belonging among individuals who may otherwise face isolation.
Through significant efforts and funding, including capital advances from HUD, the organization has successfully renovated and equipped homes to meet the specific needs of individuals with disabilities. This long-term commitment to providing accessible and compliant residences ensures that residents can live independently while receiving appropriate support. The impact extends beyond housing; it promotes social inclusion, independence, and dignity, empowering individuals to thrive in a nurturing environment.
Overall, Homes Anew I Ltd addresses the critical need for safe and accommodating living spaces, positively influencing the well-being of individuals with developmental disabilities and their families in the Old Bethpage community and beyond.
This information is meant to be a general summary of Homes Anew I Ltd. 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: $6
- Program Service Revenue: $165,828
- Gross Receipts: $165,838
Assets and Liabilities:
- Total Assets: $855,482
- Total Liabilities: $137,096
- Net Assets: $718,386
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICE REVEN
Revenue
$165,828
Organization Details
Founding Year
2000
Phone
(516) 870-1643Principal Officer
Susan Dickinson
Main Address
191 SWEET HOLLOW ROAD, OLD BETHPAGE, NY, 11804
NTEE Category
Code: P99 - Human services
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