Overview
What is Housing Options Made Easy?
Housing Options Made Easy is a nonprofit organization, known as Recovery Options Made Easy, located at 75 Jamestown Street, Gowanda, NY 14070. Their primary mission is to aid individuals with a history of mental illness in securing and maintaining affordable housing. This support includes providing financial rental assistance, paying a portion of the rent for qualified individuals, with the recipient contributing the remaining balance. By doing so, the organization helps these individuals to acquire and maintain stable housing, thereby improving their overall well-being. They currently employ 151 individuals in their efforts to make housing more accessible for those in need.
What are the reviews and ratings of this charity?
Charity Navigator rating: 86%, Three-Star out of Four Star rating.
Housing Options Made Easy has demonstrated a solid commitment to accountability and finance, earning an impressive score of 86%. The organization boasts a fully independent board comprising eight members, along with strong financial oversight mechanisms, including a well-executed audit process. Their program expense ratio is a noteworthy 92.51%, indicating that a significant portion of their funds is allocated directly to programs rather than administrative costs.
Despite its strengths, the organization has a notable limitation with the absence of a whistleblower policy, which could impact transparency in governance. However, they have no reported issues with material diversion of assets and maintain a healthy liabilities to assets ratio of 31.50%. Overall, while Housing Options Made Easy excels in several areas of accountability and finance, addressing the missing whistleblower policy would enhance their governance practices further.
This AI summary has been generated from information found on Charity Navigator.
Is Housing Options Made Easy legitimate?
Housing Options Made Easy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Options Made Easy 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: $192,654
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,876,252
For more financial information, click here
What is the mission statement of Housing Options Made Easy?
The organization, Housing Options Made Easy, focuses on assisting individuals with a history of mental illnesses to obtain and retain affordable housing. Their mission is centered around providing financial rental assistance to individuals diagnosed with mental illness who meet low-income guidelines. Under this supported housing program, a portion of the rent is paid for qualified individuals, with the recipient paying the balance. In essence, the aim is to help these individuals secure and maintain stable housing, thereby improving their quality of life.
Who is the CEO of Housing Options Made Easy?
Shannon Higbee is the Ceo of Housing Options Made Easy. The CEO's salary of Housing Options Made Easy is $114,388 and their total compensation is $114,388.
What is the revenue of Housing Options Made Easy?
Housing Options Made Easy's revenue in 2022 was $7,825,973.
Who are the executives of Housing Options Made Easy and what are their salaries?
The average compensation at Housing Options Made Easy during 2022 was $20,324. There are 151 employees at Housing Options Made Easy.
Here are 9 key members and their salaries (Housing Options Made Easy's CEO's salary is $114,388 and their total compensation is $114,388):
- Compensation: $114,388
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Housing Options Made Easy?
Housing Options Made Easy's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Housing Options Made Easy
Housing Options Made Easy, a nonprofit organization, is dedicated to assisting individuals with histories of mental illnesses in obtaining and retaining affordable housing. Their mission is centered around providing financial rental assistance to individuals diagnosed with mental illness who meet low-income guidelines.
Under this supportive housing program, a portion of the rent is paid by Housing Options Made Easy for qualified individuals, with the recipient responsible for paying the remaining balance. This innovative approach enables those struggling with mental illness to secure stable housing, which is crucial for their overall wellbeing and recovery.
In essence, Housing Options Made Easy serves as a beacon of hope for individuals facing challenges in securing affordable housing due to their mental health conditions. By offering this essential support, they help these individuals regain their footing and rebuild their lives, fostering a more inclusive and supportive community for all.
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Impact
June, 2024
Housing Options Made Easy's impact is profound in assisting individuals with histories of mental illnesses to obtain and retain affordable housing. By providing financial rental assistance to those diagnosed with mental illness who meet low-income guidelines, the organization plays a crucial role in supporting these individuals in securing stable housing. This support not only helps in addressing their immediate housing needs but also contributes to their overall well-being and mental health stability.
This information is meant to be a general summary of Housing Options Made Easy. 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: $11,861
- Program Service Revenue: $680,426
- Gross Receipts: $7,825,973
Assets and Liabilities:
- Total Assets: $4,451,541
- Total Liabilities: $1,402,418
- Net Assets: $3,049,123
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$680,426
Organization Details
Founding Year
1990
Principal Officer
Shannon Higbee
Main Address
75 JAMESTOWN STREET, GOWANDA, NY, 14070
NTEE Category
Code: F33Z - Mental health
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