Overview
What is Highland Pointe Inc C/O Hands?
Highland Pointe Inc, under the management of Housing and Neighborhood Development Service (Hands), is a nonprofit organization situated in Erie, Pennsylvania. Their primary mission is to offer attractive and reasonably priced rental housing to individuals battling chronic mental illness, ensuring they reside within the 50% median income bracket in Meadville, PA. To fulfill this objective, Highland Pointe Inc manages an 8-unit apartment building, specifically designed for eligible individuals struggling with chronic mental illness.
Official website here: www.hands-erie.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Score: 68%
Highland Pointe Inc C/O Hands has received a two-star rating from Charity Navigator, indicating that its overall performance in accountability and finance is deemed to need improvement. The organization has an Accountability & Finance Score of 68%, highlighting some strengths, including a fully independent board and no material diversion of assets. Additionally, the nonprofit demonstrates a strong commitment to transparency, as evidenced by its listed conflict of interest policy and documented board meeting minutes.
However, there are significant limitations that contributed to its lower rating. The organization lacks key policies such as a whistleblower policy and a document retention and destruction policy, both of which are essential for effective governance and risk management. Furthermore, the absence of the tax form on the nonprofit's website raises concerns about transparency and accessibility of information for stakeholders.
Financially, Highland Pointe Inc C/O Hands shows a high program expense ratio of 87.14%, indicating that a substantial portion of its expenditures is directed towards its programs. However, the liabilities to assets ratio of 96.73% suggests a precarious financial situation, which could impact the organization's stability and capacity to meet its commitments in the long term.
This AI summary has been generated from information found on Charity Navigator.
Is Highland Pointe Inc C/O Hands legitimate?
Highland Pointe Inc C/O Hands is a legitimate nonprofit organization registered as a 501(c)(3) entity. Highland Pointe Inc C/O Hands 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:
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For more financial information, click here
Official website here: www.hands-erie.org
What is the mission statement of Highland Pointe Inc C/O Hands?
Highland Pointe Inc, working through its management partner Hands, is committed to providing and maintaining an affordable rental housing solution for individuals who are experiencing chronic mental illness. Their mission is to offer attractive and reasonably priced housing options, catering specifically to this group of individuals who fall below the 50% median income level. The primary goal is to ensure that these individuals have access to suitable housing, thereby contributing to their overall well-being and recovery.
Official website here: www.hands-erie.org
Who is the CEO of Highland Pointe Inc C/O Hands?
Sharon Richardson is the Chairman of Highland Pointe Inc C/O Hands.
Official website here: www.hands-erie.org
What is the revenue of Highland Pointe Inc C/O Hands?
Highland Pointe Inc C/O Hands's revenue in 2023 was $79,495.
Official website here: www.hands-erie.org
Who are the executives of Highland Pointe Inc C/O Hands and what are their salaries?
There 14 volunteers at Highland Pointe Inc C/O Hands.
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Official website here: www.hands-erie.org
Where can I find the form 990 for Highland Pointe Inc C/O Hands?
Highland Pointe Inc C/O Hands's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hands-erie.org
Learn more at the official website: www.hands-erie.org
Mission Statement of Highland Pointe Inc C/O Hands
Highland Pointe Inc C/O Hands, a nonprofit organization, is committed to providing and maintaining an 8-unit apartment building specifically for individuals who are battling chronic mental illness. Their mission, in simple terms, is to offer affordable rental housing to these individuals who fall below the 50% median income. Through their management agent, Housing and Neighborhood Development Service (HANDS), they strive to provide attractive and reasonably priced housing, thereby contributing to the well-being of those struggling with chronic mental illness.
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Impact
August, 2024
Highland Pointe Inc C/O Hands's impact lies in providing and maintaining an 8-unit apartment building for qualified individuals experiencing chronic mental illness in Meadville, PA. Through its management agent Housing and Neighborhood Development Service (HANDS), Highland Pointe Inc offers attractive and affordable rental housing to individuals in need. By offering affordable housing to those experiencing chronic mental illness who are at or below the 50% median income, this organization significantly contributes to improving the quality of life for this vulnerable population in the city of Meadville, PA.
This information is meant to be a general summary of Highland Pointe Inc C/O Hands. 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: $489
- Program Service Revenue: $26,477
- Gross Receipts: $79,495
Assets and Liabilities:
- Total Assets: $740,784
- Total Liabilities: $716,615
- Net Assets: $24,169
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME
Revenue
$26,477
Organization Details
Founding Year
2007
Phone
(814) 453-3333Principal Officer
Sharon Richardson
Main Address
7 EAST 7TH STREET, ERIE, PA, 16501
Website
www.hands-erie.orgNTEE Category
Code: L20 - Housing
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