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Homes For All Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222823254 ✦ Toms river, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Homes For All Inc?

Homes For All Inc, situated in Toms River, New Jersey, is a dedicated nonprofit organization with a mission to promote affordable housing for low-income families. Operating from 680 Hooper Avenue Suite B204, they strive to uphold the principle that housing is a right for individuals across all income levels. By facilitating the creation of affordable dwellings, Homes For All Inc aims to provide a sense of security, dignity, and stability that comes with suitable housing. Their work is carried out in a nondiscriminatory manner, ensuring equal opportunities for all. With a team of four committed individuals, Homes For All Inc contributes significantly to the community's housing needs.


Official website here: www.homesforallnj.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 95% - Four-Star out of Four Star rating from Charity Navigator.

Homes For All Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting strong performance in both accountability and community engagement. The charity scored an impressive 96 in Accountability & Finance, indicating a robust financial structure and effective governance, with a fully independent board and comprehensive policies in place. The program expense ratio of 83.67% also showcases a significant commitment to utilizing funds for direct programmatic impact.

In terms of culture and community, Homes For All Inc received a score of 90, highlighting its effective feedback collection and utilization methods, which are rated at 100%. This indicates a high level of responsiveness to constituents' needs and concerns, fostering a positive relationship within the communities it serves. The organization’s equity strategies score further reflects a commitment to inclusivity, though there is room for improvement in the areas of equity data and policies.

While the strengths in governance and community engagement are noteworthy, the organization could focus on enhancing its equity strategies further to ensure a more comprehensive approach to its mission. Overall, Homes For All Inc presents a strong case for support with its transparent operations and demonstrated effectiveness in serving its community.


This AI summary has been generated from information found on Charity Navigator.

Is Homes For All Inc legitimate?

Homes For All Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homes For All 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: $264,535
Professional Fundraising Fees: $0
Other Salaries and Wages: $351,514

For more financial information, click here


Official website here: www.homesforallnj.org

What is the mission statement of Homes For All Inc?

Homes For All Inc, as an organization, is committed to upholding the principle that individuals from all income levels have the right to decent, safe, and affordable housing. This principle is at the core of its mission, aiming to provide a sense of security, dignity, and stability that such housing offers. Homes For All Inc works within the community to facilitate the creation of affordable housing for low-income families on a non-discriminatory basis. The organization strives to advance this cause, recognizing the importance of housing as a fundamental human need.


Official website here: www.homesforallnj.org

What is the revenue of Homes For All Inc?

Homes For All Inc's revenue in 2023 was $2,209,942.


Official website here: www.homesforallnj.org

Who are the executives of Homes For All Inc and what are their salaries?

The average compensation at Homes For All Inc during 2023 was $154,012. There are 4 employees and 8 volunteers at Homes For All Inc.

Here are 10 key members and their salaries:


Glen Mcdonald (Executive Director)
  • Compensation: $231,668
  • Related: $0
  • Other: $16,487
Carol A Maguire (Manager)
  • Compensation: $102,012
  • Related: $0
  • Other: $0
Arthur S Bailey Iii (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brendon Toner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Brogan (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Vandyke (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev A Alexander (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Berry (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn Ullmann (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Taylor (Trustee (Eff. 06/2023))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.homesforallnj.org

Where can I find the form 990 for Homes For All Inc?

Homes For All Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.homesforallnj.org

Learn more at the official website: www.homesforallnj.org

Mission Statement of Homes For All Inc

Homes For All Inc, as an organization, is committed to upholding the belief that individuals from all income levels have the right to inhabit decent, safe, suitable, and affordable housing. This principle serves as the foundation for its mission. By working within the community, Homes For All Inc strives to facilitate the creation of such housing opportunities for low-income families on a non-discriminatory basis. This endeavor aims to provide these families with a sense of security, dignity, and stability that comes with having a suitable living space. The organization's mission is centered around fostering an inclusive and equitable housing landscape, ensuring that every individual has access to the basic necessity of a secure home.

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Impact




October, 2024

Homes For All Inc significantly impacts the Toms River community by facilitating the creation of affordable housing for low-income families, ensuring that everyone, regardless of their income level, has access to decent and safe living conditions. The organization actively works to advance the principle that affordable housing is a fundamental right, fostering a sense of security, dignity, and stability for families in need. By promoting non-discriminating practices, Homes For All Inc strengthens the community fabric, allowing diverse families to thrive in an environment that supports their well-being and aspirations.




This information is meant to be a general summary of Homes For All 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.

Revenue
$2,209,942 (2023)
Expenses
$2,081,342 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $58,645
  • Program Service Revenue: $1,552,391
  • Gross Receipts: $3,606,380

Assets and Liabilities:

  • Total Assets: $13,611,640
  • Total Liabilities: $2,219,770
  • Net Assets: $11,391,870

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$1,232,974

PARTNERSHIP INCOME

Revenue

$304,417

MANAGEMENT FEES

Revenue

$15,000

Organization Details

Founding Year

1986

Principal Officer

Glen Mcdonald

NTEE Category

Code: L20Z - Housing

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