Overview
What is Homes With Hope Inc?
Homes With Hope Inc, located in Westport, Connecticut, is a dedicated nonprofit organization committed to addressing homelessness and food insecurity in Fairfield County. Their primary mission is to provide food, emergency shelter, supportive services, and housing, aiming to help individuals and families achieve independent lives. The organization operates the Gillespie Center & Hoskins Place Emergency Shelter, offering shelter, social services, and case management for single adults aged 18 and above. The food pantry and community kitchen at the shelter serve both shelter residents and community members struggling with food insecurity. Homes With Hope Inc's work extends to hundreds of individuals and families annually, making it a vital resource in the local community. With a team of 34 employees, the organization is committed to preventing and ending homelessness and food insecurity in the area.
Official website here: www.hwhct.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Star rating)
Homes With Hope Inc has received a commendable Four-Star rating from Charity Navigator, indicating strong accountability and financial health. The organization scored exceptionally high in various metrics, including a perfect score for having an independent board and well-structured financial oversight. Their program expense ratio is also notable at 81.01%, showcasing a commitment to directing funds toward their mission rather than administrative costs.
The charity demonstrates a strong governance framework, reflected in their comprehensive policies on conflict of interest and whistleblower protections. Key metrics, such as fundraising efficiency and working capital ratios, further highlight Homes With Hope Inc's effective management of resources. However, there is room for improvement in their liabilities to assets ratio, which stands at 46.35%. This suggests that while the organization is operating effectively, it has a moderate level of liabilities in relation to its assets.
Additionally, the organization scored a 75 in the Culture & Community and Equity Strategies sections. This indicates a solid foundation in community engagement and equity practices, although there may be opportunities for further enhancement in these areas. Overall, Homes With Hope Inc is well-positioned as a responsible and effective nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Homes With Hope Inc legitimate?
Homes With Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homes With Hope 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: $325,319
Professional Fundraising Fees: $0
Other Salaries and Wages: $853,071
For more financial information, click here
Official website here: www.hwhct.org
What is the mission statement of Homes With Hope Inc?
Homes With Hope Inc is committed to being a recognized and respected community resource for individuals and families at risk of or experiencing homelessness. Their mission is to prevent and end homelessness and food insecurity through providing food, emergency shelter, supportive services, and housing. Homes With Hope Inc aims to help individuals and families achieve independent lives. Their emergency shelter program, located at the Gillespie Center and Hoskins Place in Westport, CT, provides shelter, social services, and case management for single adults aged 18 and over. Additionally, they operate a food pantry and community kitchen that serves both shelter residents and community members dealing with food insecurity. On an annual basis, this program supports hundreds of individuals and families.
Official website here: www.hwhct.org
Who is the CEO of Homes With Hope Inc?
Helen Mcalinden is the Chair of Homes With Hope Inc. The CEO's salary of Homes With Hope Inc is $125,482 and their total compensation is $151,540.
Official website here: www.hwhct.org
What is the revenue of Homes With Hope Inc?
Homes With Hope Inc's revenue in 2022 was $3,325,170.
Official website here: www.hwhct.org
Who are the executives of Homes With Hope Inc and what are their salaries?
The average compensation at Homes With Hope Inc during 2022 was $34,659. There are 34 employees and 178 volunteers at Homes With Hope Inc.
Here are 23 key members and their salaries (Homes With Hope Inc's CEO's salary is $125,482 and their total compensation is $151,540):
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- Compensation: $125,482
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- Other: $9,005
Official website here: www.hwhct.org
Where can I find the form 990 for Homes With Hope Inc?
Homes With Hope Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hwhct.org
Learn more at the official website: www.hwhct.org
Mission Statement of Homes With Hope Inc
Homes With Hope Inc is committed to being a recognized and respected community resource for individuals and families experiencing, or at risk of experiencing, homelessness. Their mission is to prevent and end homelessness and food insecurity in Fairfield County. To achieve this, Homes With Hope Inc provides various tools such as food, emergency shelter, supportive services, and housing to help individuals and families achieve independent lives.
The organization operates an emergency shelter program, known as Gillespie Center & Hoskins Place, located in downtown Westport, CT. This program provides emergency shelter, social services, and case management for single men and women aged 18 and over. Additionally, the Food Pantry and Community Kitchen, located at the shelter, serve both shelter residents and community members who are food insecure. Through these initiatives, Homes With Hope Inc serves hundreds of individuals and families each year, providing them with the essential resources needed to overcome homelessness and secure a stable future.
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Impact
October, 2024
Homes With Hope Inc significantly tackles the challenges of homelessness and food insecurity in Fairfield County through its vital programs, particularly at the Gillespie Center and Hoskins Place. Located in downtown Westport, CT, the Gillespie Center and Hoskins Place provide emergency shelter, social services, and case management for individuals aged 18 and over. Hundreds of single men and women find refuge and support each year, helping to stabilize their lives in times of crisis.
In addition to shelter, Homes With Hope operates a food pantry and community kitchen that cater to both shelter residents and local community members facing food insecurity. This holistic approach not only addresses the immediate needs of those in crisis but also empowers individuals and families to achieve self-sufficiency. By fostering a sense of community and offering essential resources, Homes With Hope Inc plays a crucial role in creating pathways out of homelessness and food insecurity for many, establishing itself as a respected resource in the region.
This information is meant to be a general summary of Homes With Hope 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: $19,358
- Program Service Revenue: $340,985
- Gross Receipts: $3,658,696
Assets and Liabilities:
- Total Assets: $5,544,831
- Total Liabilities: $2,570,172
- Net Assets: $2,974,659
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING FEES
Revenue
$339,386
SHELTER FEES
Revenue
$1,599
Organization Details
Founding Year
1984
Phone
(203) 226-3426Principal Officer
Helen Mcalinden
Main Address
PO BOX 631, WESTPORT, CT, 06881
Website
www.hwhct.orgNTEE Category
Code: L41 - Housing
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