Overview
What is Homeshare Vermont Inc?
Homeshare Vermont Inc is a nonprofit organization situated in South Burlington, Vermont. Its primary objective is to improve lives and communities by facilitating home-sharing arrangements, allowing Vermonters to reside in their homes or find affordable living spaces. Through a comprehensive screening and matching process, the organization conducted numerous background checks, reference verifications, and landlord checks, resulting in over 126 in-home introductions between potential matches. Homeshare Vermont Inc served 224 individuals in homesharing matches during the year, with participants paying an average rent of $378 per month in exchange for providing over 28,000 hours of assistance to their home-sharing partners. This arrangement enabled 49% of the home-sharing participants to maintain a safe and comfortable living situation they might not have otherwise. The organization employs a team of seven individuals, providing ongoing support to its members.
Official website here: www.homesharevermont.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star rating)
Homeshare Vermont Inc has achieved a 95% score from Charity Navigator, reflecting strong organizational performance and financial health. The charity has received a high Accountability & Finance score of 96, indicating robust oversight and governance practices, including an entirely independent board and effective financial management. The program expense ratio of 88.65% suggests that a significant portion of its funding is directed towards program services, showcasing its commitment to its mission.
The organization has also demonstrated a solid commitment to transparency and ethical practices, with a comprehensive set of policies in place, such as conflict of interest and whistleblower policies. These elements contribute to its positive reputation in the community, as highlighted by its Culture & Community score of 83. This indicates a good level of engagement and connection with stakeholders.
However, while the scores are commendable, there might be areas for improvement in the Culture & Community dimension, as it is slightly lower than the accountability metrics. Addressing these aspects could enhance Homeshare Vermont Inc's overall community impact and engagement further.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Homeshare Vermont Inc?
Although Homeshare Vermont Inc has not yet received formal ratings, the initial reviews indicate a positive trend. Reviewers highlight the personable nature of the organization, suggesting that staff engage well with individuals and that they focus on supporting marginalized populations.
One specific reviewer mentioned their application process, which points to an active engagement from individuals looking to connect with the nonprofit's services. This reflects a level of interest and initiative from the community, indicating that people are eager to take part in what the organization has to offer.
Overall, even with a small number of reviews, the sentiment surrounding Homeshare Vermont Inc leans towards affirmation, especially regarding its approachability and commitment to helping those in need.
This AI summary has been generated from reviews found on Facebook.
Is Homeshare Vermont Inc legitimate?
Homeshare Vermont Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homeshare Vermont 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: $83,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $239,944
For more financial information, click here
Official website here: www.homesharevermont.org
What is the mission statement of Homeshare Vermont Inc?
Homeshare Vermont Inc's mission is to enhance lives and communities by facilitating the sharing of homes between individuals. The organization offers a comprehensive screening and matching service, helping elders and other individuals in need to stay at home and providing affordable housing options for others. Through its rigorous process, which includes background checks, reference checks, and in-home introductions, Homeshare Vermont Inc successfully matched 224 individuals this year. These matches resulted in affordable housing for the participants, who paid an average rent of $378 per month by providing assistance to their home-sharing partners, exchanging over 28,000 hours of help. Approximately half of the home-sharing partners stated that they would not be able to live safely and comfortably at home without the assistance of a homeshare participant.
Official website here: www.homesharevermont.org
Who is the CEO of Homeshare Vermont Inc?
Kirby Dunn is the Executive Di of Homeshare Vermont Inc.
Official website here: www.homesharevermont.org
What is the revenue of Homeshare Vermont Inc?
Homeshare Vermont Inc's revenue in 2023 was $642,977.
Official website here: www.homesharevermont.org
Who are the executives of Homeshare Vermont Inc and what are their salaries?
The average compensation at Homeshare Vermont Inc during 2023 was $46,263. There are 7 employees and 28 volunteers at Homeshare Vermont Inc.
Here are 14 key members and their salaries:
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- Compensation: $71,556
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- Other: $9,726
Official website here: www.homesharevermont.org
Where can I find the form 990 for Homeshare Vermont Inc?
Homeshare Vermont Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.homesharevermont.org
Learn more at the official website: www.homesharevermont.org
Mission Statement of Homeshare Vermont Inc
Homeshare Vermont Inc, a nonprofit organization, aims to enhance lives and communities by fostering connections between Vermonters, enabling elder individuals and others to remain in their homes while providing affordable living options for others. The organization plays a crucial role in this process by offering a comprehensive screening and matching service. Once individuals decide to homeshare, Homeshare Vermont Inc provides ongoing support, ensuring a successful and harmonious living arrangement. This service allows elder individuals and others to maintain their independence while assisting those in need of affordable housing.
During the year, Homeshare Vermont Inc worked with 1,057 individuals, either looking for an affordable place to live or wanting to stay in their homes. As part of its screening and matching process, the organization conducted over 2,500 background checks, 2,000 reference and landlord checks, and facilitated over 126 in-home introductions between potential matches. Homeshare Vermont Inc successfully placed 224 individuals in homesharing matches during the year. In these partnerships, homeshare participants benefited from an affordable living arrangement, paying an average rent of $378 per month in exchange for offering over 28,000 hours of assistance to those who shared their homes. In fact, 49% of those who shared their homes reported that they wouldn't be able to live safely and comfortably in their own homes without the support of a homeshare participant. Homeshare Vermont Inc's mission is to bring Vermonters together, fostering meaningful connections and providing support to both elder individuals and those in need of affordable housing.
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Impact
July, 2024
Homeshare Vermont Inc's impact can be seen in its efforts to improve lives and communities by bringing Vermonters together to share homes. This past year alone, the organization worked with 1,057 individuals who sought to stay in their homes or were in search of affordable housing options. Homeshare Vermont conducted over 2,500 background checks, 2,000 reference and landlord checks, and facilitated 126 in-home introductions to facilitate successful matches. In total, the organization served 224 individuals in homesharing arrangements, where participants received affordable housing, paying an average rent of $378 per month by providing over 28,000 hours of assistance to those offering their homes.
This impactful work has enabled 49% of those sharing their homes to continue living safely and comfortably, highlighting the essential role of homesharing in supporting individuals to age in place and fostering a sense of community. Through its comprehensive screening and matching services, Homeshare Vermont empowers elders and others to remain in their homes while helping individuals secure affordable housing solutions, ultimately enhancing the quality of life for all involved in the process.
This information is meant to be a general summary of Homeshare Vermont 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 2023.
- Investment Income: $21,321
- Program Service Revenue: $18,500
- Gross Receipts: $642,977
Assets and Liabilities:
- Total Assets: $1,938,297
- Total Liabilities: $72,644
- Net Assets: $1,865,653
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOMESHARE PROGRAM
Revenue
$18,500
Organization Details
Founding Year
2005
Phone
(802) 863-5625Principal Officer
Kirby Dunn
Main Address
412 FARRELL STREET, SOUTH BURLINGTON, VT, 05403
Website
www.homesharevermont.orgNTEE Category
Code: P70 - Human services
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