Overview
What is Home Again Inc?
Home Again Inc is a nonprofit organization situated in Jackson, Mississippi, specifically at 4 Old River Place. Established with the aim to assist, their primary focus lies in providing mortgage financing and consultation services to individuals who have experienced damage or loss of their homes due to Hurricane Katrina. In addition, Home Again Inc extends its support to low and moderate-income families in Mississippi by offering them affordable housing options. Their mission aligns with the recovery and rebuilding efforts of the Gulf Coast communities impacted by Hurricane Katrina, striving to contribute positively to their revival.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star Rating
Home Again Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance with an overall score of 86%. This rating is derived solely from its Accountability & Finance metrics, which are crucial for assessing the reliability and transparency of nonprofit organizations.
The organization excels in various areas, notably in financial oversight and the management of assets, where it scored full points. It has a strong program expense ratio, indicating that a significant portion of its funds is directed toward its programs rather than administrative costs. However, the absence of independent board members is a notable limitation, which could raise concerns about governance and oversight.
While Home Again Inc demonstrates commendable financial practices, some transparency issues are evident. The charity did not provide certain required documents on its website, such as tax forms, which could hinder public accessibility to information about its operations. Overall, while the organization shows strength in finance and accountability, there are areas for improvement in governance and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Home Again Inc legitimate?
Home Again Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Home Again 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: $17,189
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,898
For more financial information, click here
What is the mission statement of Home Again Inc?
Home Again Inc's mission is centered around supporting the recovery and rebuilding efforts of Gulf Coast communities impacted by Hurricane Katrina. The organization aims to provide affordable housing solutions for low and moderate income families, serving Mississippi specifically. To accomplish this, Home Again Inc offers mortgage financing and recovery consultation services to eligible individuals who have suffered property damage or loss due to the hurricane, and contributes to the provision of affordable housing within the community.
What is the revenue of Home Again Inc?
Home Again Inc's revenue in 2023 was $222,497.
Who are the executives of Home Again Inc and what are their salaries?
There 3 volunteers at Home Again Inc.
Here are 6 key members and their salaries:
- Compensation: $1,221
- Related: $582,826
- Other: $58,174
- Compensation: $0
- Related: $21,033
- Other: $3,186
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $13,749
- Related: $68,271
- Other: $17,823
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Home Again Inc?
Home Again Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Home Again Inc
Home Again Inc, a nonprofit organization, is committed to supporting the Gulf Coast communities as they recover and rebuild in the aftermath of Hurricane Katrina. One of its primary missions is to provide affordable housing for low and moderate income families in Mississippi. The organization achieves this by offering mortgage financing and recovery consultation services to individuals whose homes have been damaged or destroyed by the hurricane. By providing these essential services, Home Again Inc plays a crucial role in helping families rebuild their lives and contribute to the ongoing recovery of their communities.
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Impact
July, 2024
Home Again Inc's impact is significant in supporting the efforts of Gulf Coast communities recovering and rebuilding in the aftermath of Hurricane Katrina. The organization provides essential mortgage financing and recovery consultation services to eligible individuals whose homes have been damaged or destroyed by the hurricane. Additionally, Home Again Inc plays a crucial role in offering low and moderate-income families in Mississippi access to affordable housing, helping to address a critical need in the community. Through its focused efforts, Home Again Inc is making a tangible and positive difference in the lives of those affected by natural disasters and housing challenges in Mississippi.
This information is meant to be a general summary of Home Again 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: $474,398
- Program Service Revenue: $94,998
- Gross Receipts: $222,497
Assets and Liabilities:
- Total Assets: $3,743,286
- Total Liabilities: $313
- Net Assets: $3,742,973
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AFFORD HOUSING CONSULT
Revenue
$65,000
OTHER FEE REVENUE
Revenue
$21,665
AMORTIZATION INCOME
Revenue
$8,333
Organization Details
Founding Year
2006
Principal Officer
William Bynum
NTEE Category
Code: L81 - Housing
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