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Hnhf Realty Collaborative Co Luke Brown

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 202773085 ✦ Columbus, OH ✦ Designated as a 501(c)(3)

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Overview

What is Hnhf Realty Collaborative Co Luke Brown?

Hnhf Realty Collaborative Co Luke Brown is a nonprofit organization situated in Columbus, Ohio, specifically at 700 Children's Drive. Their primary objective is to enhance and sustain affordable housing in the South Side and Linden communities of Columbus. They achieve this by constructing new homes, renovating existing ones, and offering home repair services. Their mission is to provide high-quality housing solutions through home ownership, rentals, and repair services, contributing to the revitalization and stabilization of economically disadvantaged areas in these communities.


Official website here: www.healthyhomesco.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 84%, Three-Star out of Four Star rating.

Hnhf Realty Collaborative Co has achieved a commendable score of 84%, indicating a strong performance in accountability and finance. The organization demonstrates a solid governance structure with a board comprised entirely of independent members and robust financial oversight mechanisms. Their commitment to transparency is evident, as they adhere to best practices in conflict of interest policies and document retention.

One of the notable strengths of the organization is its impressive program expense ratio, which stands at 96.36%. This suggests that a significant portion of their funds is directed towards their programs rather than administrative costs, reflecting their mission-driven approach. Additionally, the absence of any material diversion of assets reinforces their financial integrity.

However, the organization’s liabilities to assets ratio of 65.83% indicates a potential area for improvement, as a higher ratio may raise concerns about financial stability. Overall, while Hnhf Realty Collaborative Co has several strengths in governance and program funding, they may need to address their financial liabilities to enhance their overall rating further.


This AI summary has been generated from information found on Charity Navigator.

Is Hnhf Realty Collaborative Co Luke Brown legitimate?

Hnhf Realty Collaborative Co Luke Brown is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hnhf Realty Collaborative Co Luke Brown 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.healthyhomesco.org

What is the mission statement of Hnhf Realty Collaborative Co Luke Brown?

The mission of Hnhf Realty Collaborative Co is centered around providing and preserving high-quality affordable housing. They achieve this by offering home ownership, home rentals, and home repair services in two specific communities, namely the South Side and Linden. Their primary goal is to enhance the quality of life for individuals residing in economically depressed areas by engaging in new construction and rehabilitation of homes, which are then either sold or rented out. Additionally, the organization provides essential home repair services, contributing to the revitalization and stabilization of these communities.


Official website here: www.healthyhomesco.org

Who is the CEO of Hnhf Realty Collaborative Co Luke Brown?

Rev John Edgar is the President of Hnhf Realty Collaborative Co Luke Brown.


Official website here: www.healthyhomesco.org

What is the revenue of Hnhf Realty Collaborative Co Luke Brown?

Hnhf Realty Collaborative Co Luke Brown's revenue in 2022 was $6,531,834.


Official website here: www.healthyhomesco.org

Who are the executives of Hnhf Realty Collaborative Co Luke Brown and what are their salaries?

There 159 volunteers at Hnhf Realty Collaborative Co Luke Brown.


Here are 10 key members and their salaries:


Rev John Edgar (President)
  • Compensation: $0
  • Related: $39,636
  • Other: $16,250
Patricia Mcclimon (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Mingo (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Livisay (Dir-2022 End)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shanetta Ray (Dir-2022 End)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Higgins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Teaford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luke Brown (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Rosenthal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.healthyhomesco.org

Where can I find the form 990 for Hnhf Realty Collaborative Co Luke Brown?

Hnhf Realty Collaborative Co Luke Brown's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.healthyhomesco.org

Learn more at the official website: www.healthyhomesco.org

Mission Statement of Hnhf Realty Collaborative Co Luke Brown

Hnhf Realty Collaborative Co Luke Brown is a nonprofit organization with a mission to provide and preserve high-quality affordable housing in two Columbus communities, specifically the South Side and Linden. They achieve this mission by offering a range of services, including home ownership, home rentals, and home repair services. The organization's primary goal is to revitalize and stabilize economically depressed areas in these communities by planning and preparing for the construction and rehabilitation of homes for sale or rental. Additionally, Hnhf Realty Collaborative Co Luke Brown provides home repair services to further enhance the quality of housing in these areas. By offering these various housing solutions, the nonprofit aims to improve the living conditions and overall well-being of individuals and families in these communities.

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Impact




October, 2024

Hnhf Realty Collaborative Co Luke Brown significantly impacts the Columbus community through its focus on high-quality affordable housing. By facilitating home ownership, rentals, and repair services, the organization plays a crucial role in revitalizing economically depressed areas, particularly in the South Side and Linden neighborhoods.

The collaborative's efforts in planning and preparing for new construction and rehabilitation of homes contribute to the stabilization of these communities, ensuring that residents have access to safe and affordable living environments. Through targeted initiatives, Hnhf Realty not only enhances the quality of housing but also fosters a sense of community and pride among residents, ultimately leading to improved social and economic conditions in the areas it serves.




This information is meant to be a general summary of Hnhf Realty Collaborative Co Luke Brown. 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.

Revenue
$6,531,834 (2022)
Expenses
$4,221,389 (2022)
Efficiency

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: $1,049,405
  • Gross Receipts: $6,531,834

Assets and Liabilities:

  • Total Assets: $26,732,214
  • Total Liabilities: $17,598,792
  • Net Assets: $9,133,422

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Developer Fee

Revenue

$250,500

Rental Income

Revenue

$798,905

Organization Details

Founding Year

2006

Principal Officer

Rev John Edgar

Main Address

700 Childrens Drive, Columbus, OH, 43205

NTEE Category

Code: L25 - Housing

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