Overview
What is Housing And Neighborhood Development Services Inc (Hands Inc)?
Housing And Neighborhood Development Services Inc, commonly known as HANDS Inc, is a nonprofit organization situated in Orange, New Jersey. Their primary mission is to foster community development and strengthen the neighborhoods in and around Orange. They achieve this by rehabilitating and selling affordable homes, as well as managing the predevelopment of two mixed-use arts-related developments in the Valley Arts District. HANDS Inc's goal is to make Orange and East Orange desirable places where families can reside and businesses can thrive, ultimately contributing to the overall vitality of the community. With a staff of nine individuals, HANDS Inc is committed to enhancing the living conditions and quality of life in Orange, New Jersey.
Official website here: www.handsinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star Rating)
Housing And Neighborhood Development Services Inc (Hands Inc) has received a commendable Three-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial management. The organization has demonstrated excellence in various areas, including maintaining a fully independent board and implementing robust governance policies. Their financial oversight is further enhanced by an audit committee, with no reported material diversion of assets.
Despite its strengths, Hands Inc's overall score is impacted by its liabilities to assets ratio, which stands at 62.22%. While this indicates a significant level of liabilities compared to assets, the organization excels in its program expense ratio, dedicating an impressive 88.66% of its expenses directly to its programs. This focus on programmatic spending suggests a commitment to its mission and effective use of resources.
Overall, Hands Inc exhibits strong accountability practices and governance, making it a reliable nonprofit within its field. However, potential donors and stakeholders may want to consider its financial liabilities in relation to its assets when assessing the organization's long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Housing And Neighborhood Development Services Inc (Hands Inc)?
90% of 14 reviewers on Facebook recommend Housing And Neighborhood Development Services Inc (Hands Inc). Here is a summary of their reviews:
Many supporters emphasize that Hands Inc is an exceptional organization dedicated to improving the community in Orange. They have praised the effectiveness of the services provided and the positive impact the nonprofit has made on local housing and neighborhood development. Users acknowledge the staff's commitment and professionalism, expressing gratitude for the support received.
Overall, the sentiment towards Hands Inc is quite favorable, with many highlighting the organization as a valuable resource for residents in need. It's clear that the nonprofit successfully resonates with those it serves, making a significant difference in the community's well-being.
This AI summary has been generated from reviews found on Facebook.
Is Housing And Neighborhood Development Services Inc (Hands Inc) legitimate?
Housing And Neighborhood Development Services Inc (Hands Inc) is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing And Neighborhood Development Services Inc (Hands 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: $217,932
Professional Fundraising Fees: $0
Other Salaries and Wages: $347,999
For more financial information, click here
Official website here: www.handsinc.org
What is the mission statement of Housing And Neighborhood Development Services Inc (Hands Inc)?
Housing And Neighborhood Development Services Inc., commonly known as HANDS Inc., is committed to building communities and enhancing neighborhoods. Their mission is to create environments where individuals can raise their families and run their businesses with ease. Specifically, HANDS Inc. engages in real estate development, completing and selling affordable rehabilitated homes. Additionally, they oversee the predevelopment of two mixed-use arts-related developments, contributing to the cultural scene of the community.
Official website here: www.handsinc.org
Who is the CEO of Housing And Neighborhood Development Services Inc (Hands Inc)?
Lisa Boyd is the Vice Chair of Housing And Neighborhood Development Services Inc (Hands Inc).
Official website here: www.handsinc.org
What is the revenue of Housing And Neighborhood Development Services Inc (Hands Inc)?
Housing And Neighborhood Development Services Inc (Hands Inc)'s revenue in 2022 was $2,415,087.
Official website here: www.handsinc.org
Who are the executives of Housing And Neighborhood Development Services Inc (Hands Inc) and what are their salaries?
The average compensation at Housing And Neighborhood Development Services Inc (Hands Inc) during 2022 was $62,881. There are 9 employees and 245 volunteers at Housing And Neighborhood Development Services Inc (Hands Inc).
Here are 10 key members and their salaries:
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- Compensation: $75,001
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- Compensation: $110,697
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- Other: $23,913
Official website here: www.handsinc.org
Where can I find the form 990 for Housing And Neighborhood Development Services Inc (Hands Inc)?
Housing And Neighborhood Development Services Inc (Hands Inc)'s most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.handsinc.org
Learn more at the official website: www.handsinc.org
Mission Statement of Housing And Neighborhood Development Services Inc (Hands Inc)
Housing And Neighborhood Development Services Inc., often referred to as HANDS, is dedicated to building community and strengthening neighborhoods. Their mission is to create environments where individuals and families feel comfortable raising their families and operating their businesses. HANDS achieves this through various initiatives, including the rehabilitation and sale of affordable homes. Furthermore, HANDS is involved in the pre-development of two mixed-use arts-related developments in the Valley Arts District. By focusing on real estate development, HANDS aims to contribute to the overall vitality and livability of the neighborhoods they serve.
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Impact
October, 2024
Housing And Neighborhood Development Services Inc (HANDS Inc) significantly impacts the community in and around Orange, NJ, by revitalizing neighborhoods and enhancing housing opportunities. Through its mission, HANDS focuses on building community and strengthening local neighborhoods, ensuring they remain desirable places for families and businesses.
One of its core activities involves real estate development, specifically rehabilitating and selling affordable homes. This not only increases the availability of safe and affordable housing but also contributes to the overall aesthetic and economic vitality of the area. Furthermore, HANDS is actively engaged in managing the predevelopment of two mixed-use arts-related projects in the Valley Arts District, fostering creativity and cultural engagement within the community.
By prioritizing affordable housing and supporting community development initiatives, HANDS Inc plays a vital role in maintaining Orange and East Orange as thriving environments for families and enterprises alike. Its efforts help to create inclusive, vibrant neighborhoods that enhance the quality of life for residents and stimulate local economic growth.
This information is meant to be a general summary of Housing And Neighborhood Development Services Inc (Hands 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: -$239,983
- Program Service Revenue: $848,931
- Gross Receipts: $3,335,394
Assets and Liabilities:
- Total Assets: $11,006,824
- Total Liabilities: $6,969,757
- Net Assets: $4,037,067
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$848,931
Organization Details
Founding Year
1986
Phone
(973) 678-3110Principal Officer
Lisa Boyd
Main Address
15 SOUTH ESSEX AVE, ORANGE, NJ, 07050
Website
www.handsinc.orgNTEE Category
Code: L80 - Housing
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