Overview
What is Allies Homes 2005 Inc?
Allies Homes 2005 Inc is a nonprofit organization based in Hamilton, New Jersey. Their primary mission is to offer independent living opportunities for individuals with special needs in a secure and comfortable environment. Specifically, they manage group homes for people with developmental disabilities, providing affordable housing within their scope. They strive to ensure that the homes cater to the unique needs of their residents, fostering a sense of safety and comfort.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star Rating. This rating reflects the organization's commitment to accountability and finance, showcasing a solid foundation in governance practices. The charity achieved a perfect score in several areas, including the independence of board members, conflict of interest policies, and the presence of whistleblower and document retention policies.
Allies Homes 2005 Inc demonstrates strong financial management, with a program expense ratio of 69.70%, indicating that a significant portion of its resources is directed toward its mission-related activities. However, the organization has been flagged for its liabilities to assets ratio, which stands at 127.02%. This suggests a potential financial concern that could impact its long-term sustainability.
Overall, while Allies Homes 2005 Inc shows strengths in governance and program spending, the high liabilities to assets ratio may warrant further scrutiny. Stakeholders may want to consider this aspect alongside the charity's positive accountability practices when evaluating its overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Allies Homes 2005 Inc legitimate?
Allies Homes 2005 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Allies Homes 2005 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,600
For more financial information, click here
What is the mission statement of Allies Homes 2005 Inc?
Allies Homes 2005 Inc, as a non-profit organization, is dedicated to providing an affordable housing solution for individuals with disabilities. Their mission is to offer independent living opportunities in a secure and comfortable environment, catering to people with special needs. The organization's primary objective is to enhance the quality of life for these individuals by providing them with a suitable residence. They strive to create a community where individuals with disabilities can thrive and live with dignity. The group homes operated by Allies Homes 2005 Inc aim to foster independence, promote self-sufficiency, and provide a supportive living environment.
Who is the CEO of Allies Homes 2005 Inc?
Michael Haggerty is the President/Ceo of Allies Homes 2005 Inc. The CEO's salary of Allies Homes 2005 Inc is $0 and their total compensation is $419,954.
What is the revenue of Allies Homes 2005 Inc?
Allies Homes 2005 Inc's revenue in 2022 was $56,064.
Who are the executives of Allies Homes 2005 Inc and what are their salaries?
There 8 volunteers at Allies Homes 2005 Inc.
Here are 6 key members and their salaries (Allies Homes 2005 Inc's CEO's salary is $0 and their total compensation is $419,954):
- Compensation: $0
- Related: $374,681
- Other: $45,273
- Compensation: $0
- Related: $208,342
- Other: $22,370
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Allies Homes 2005 Inc?
Allies Homes 2005 Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Allies Homes 2005 Inc
Allies Homes 2005 Inc, a nonprofit organization, is committed to providing a mission that focuses on offering affordable housing for individuals with disabilities. This mission is aimed at creating an environment that allows these individuals to live independently with comfort and safety. The organization's homes serve as a sanctuary, providing opportunities for people with special needs to lead fulfilling lives. By offering such housing, Allies Homes 2005 Inc is making a significant contribution in empowering individuals with disabilities, enabling them to live with dignity and independence.
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Impact
August, 2024
Allies Homes 2005 Inc's impact is significant in providing independent living opportunities to people with developmental disabilities in a safe and comfortable environment. They operate group homes in Hamilton, NJ, offering affordable housing to individuals with special needs. Their mission is to support individuals with disabilities by ensuring they have a place they can call home while receiving necessary care and support. Through their services, Allies Homes 2005 Inc contributes towards ensuring the well-being and quality of life for individuals with developmental disabilities.
This information is meant to be a general summary of Allies Homes 2005 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 2022.
- Investment Income: $184
- Program Service Revenue: $15,395
- Gross Receipts: $56,064
Assets and Liabilities:
- Total Assets: $983,103
- Total Liabilities: $1,213,343
- Net Assets: -$230,240
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTS
Revenue
$15,395
Organization Details
Founding Year
2007
Phone
(609) 689-0136Principal Officer
Michael Haggerty
Main Address
1262 WHITEHORSE-HAMILTON SQUARE RD, HAMILTON, NJ, 08690
NTEE Category
Code: L20 - Housing
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