Overview
What is Housing Consultants Group?
The Housing Consultants Group, located in Greensboro, North Carolina, is a nonprofit organization dedicated to supporting low-to-moderate income individuals and families. Their primary mission involves providing pre- and post-purchase homeownership counseling, along with foreclosure prevention services. Furthermore, they engage in financial literacy education, outreach, and community engagement to assist families facing challenges in maintaining their homes. During the year ending December 31, 2022, the organization also administered emergency rental assistance and mortgage relief program funds to help struggling families stay in their homes. The Housing Consultants Group operates with a small team of 11 employees, demonstrating their commitment to serving their community.
Official website here: www.housingconsultantsgroup.com
What are the reviews and ratings of this charity?
Charity Navigator rates Housing Consultants Group with a commendable score of 90%, granting it a Four-Star out of Four Star rating. This indicates a strong commitment to accountability, transparency, and effective program execution. The organization excels particularly in impact measurement and community culture, both scoring 100, reflecting its effectiveness in achieving positive outcomes for its beneficiaries.
One of the notable strengths is the high program expense ratio of 93.79%, which suggests that a significant portion of the funds raised is allocated directly to programs rather than administrative costs. Additionally, the organization is governed by an independent board that consists entirely of independent members, which supports transparency and good governance practices.
However, there are some limitations regarding the completeness of the organization's policies. Key documents such as the conflict of interest policy and the whistleblower policy are missing, which could affect perceptions of its internal controls and accountability. Despite this, the absence of material asset diversion and the presence of documented board meeting minutes indicate a level of oversight and responsibility within the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Housing Consultants Group legitimate?
Housing Consultants Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Consultants Group 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: $111,863
Professional Fundraising Fees: $0
Other Salaries and Wages: $308,343
For more financial information, click here
Official website here: www.housingconsultantsgroup.com
What is the mission statement of Housing Consultants Group?
The Housing Consultants Group's mission is centered around providing essential services to low-to-moderate income individuals and families. They offer pre- and post-purchase homeownership counseling, as well as foreclosure prevention assistance, aiming to help families keep their homes. The organization also engages in financial literacy education and outreach to support these families in managing their finances effectively. Moreover, they are actively involved in community engagement efforts, working to empower families struggling to stay in their homes. During the year ending December 31, 2022, the group also administered emergency rental assistance and mortgage relief program funds to aid families in need.
Official website here: www.housingconsultantsgroup.com
Who is the CEO of Housing Consultants Group?
Sofia Crisp is the Chairperson of Housing Consultants Group.
Official website here: www.housingconsultantsgroup.com
What is the revenue of Housing Consultants Group?
Housing Consultants Group's revenue in 2022 was $1,848,159.
Official website here: www.housingconsultantsgroup.com
Who are the executives of Housing Consultants Group and what are their salaries?
The average compensation at Housing Consultants Group during 2022 was $38,201. There are 11 employees and 7 volunteers at Housing Consultants Group.
Here are 8 key members and their salaries:
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- Compensation: $103,884
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- Other: $7,979
Official website here: www.housingconsultantsgroup.com
Where can I find the form 990 for Housing Consultants Group?
Housing Consultants Group's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.housingconsultantsgroup.com
Learn more at the official website: www.housingconsultantsgroup.com
Mission Statement of Housing Consultants Group
Housing Consultants Group, a nonprofit organization, is committed to providing pre- and post-purchase homeownership counseling and foreclosure prevention services to low-to-moderate income individuals and families. Their mission extends beyond just real estate advice; they also engage in financial literacy education and outreach, aiming to support families who are struggling to maintain their homes. By offering these comprehensive services, Housing Consultants Group seeks to empower its clients, helping them navigate the complexities of homeownership and financial management.
In addition to their core services, Housing Consultants Group also plays a crucial role in assisting families during times of financial distress. During the year ending December 31, 2022, the organization administered emergency rental assistance funds and mortgage relief program funds to aid families in staying in their homes. This proactive approach to addressing housing insecurity demonstrates Housing Consultants Group's commitment to making a tangible impact in the lives of the communities they serve.
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Impact
August, 2024
Housing Consultants Group's impact is significant in helping low-to-moderate income individuals and families secure and maintain their homes. Through their provision of pre-and post-purchase homeownership counseling, foreclosure prevention services, and financial literacy education, they empower families to make informed decisions and navigate challenging housing situations. Additionally, by administering emergency rental assistance funds and mortgage relief program funds, they offer crucial support to families facing housing insecurity. Housing Consultants Group's dedication to community engagement and outreach is a testament to their commitment to ensuring that families have the resources and support they need to stay in their homes.
This information is meant to be a general summary of Housing Consultants Group. 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.
- Program Service Revenue: $300,998
- Gross Receipts: $1,848,159
Assets and Liabilities:
- Total Assets: $658,905
- Total Liabilities: $375,489
- Net Assets: $283,416
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUES
Revenue
$268,220
COMMISSION ON HOME SAL
Revenue
$32,778
Organization Details
Founding Year
2004
Phone
(336) 553-0946Principal Officer
Sofia Crisp
Main Address
1031 SUMMIT AVENUE STE 2E-2, GREENSBORO, NC, 27405
NTEE Category
Code: P51 - Human services
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