Overview
What is Homes By Tlc Inc?
Homes By TLC Inc, situated in Lawrenceville, New Jersey, is a compact nonprofit organization dedicated to addressing housing needs. With a team of just one dedicated individual, they focus on producing and operating affordable permanent housing as well as transitional living spaces for families who are homeless or struggling financially. Their mission is to provide a stable living environment for these families, contributing significantly to their well-being and overall improvement of their circumstances.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star Rating)
Homes By Tlc Inc has received an 86% score from Charity Navigator, indicating a solid level of accountability and financial management. The organization excels in various financial metrics, including a program expense ratio of 97.66%, suggesting that a significant portion of its funds is directed towards its programs. The charity benefits from a fully independent board and has robust policies in place regarding conflict of interest and document retention.
User reviews from Great Nonprofits highlight the positive impact Homes By Tlc Inc has on the community, particularly in its efforts to combat homelessness. A volunteer praised the organization for its comprehensive range of services, including shelter, food assistance, and educational programs. The commitment of the staff and the effectiveness of the programs are frequently noted as key strengths.
However, the organization has a relatively low score in the liabilities to assets ratio (58.12%), which might warrant further examination for potential financial risks. Overall, the feedback suggests that while there are some areas to improve, the organization is well-regarded for its integrity and effectiveness in serving those in need.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Homes By Tlc Inc legitimate?
Homes By Tlc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homes By Tlc 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: $13,321
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Homes By Tlc Inc?
Homes By TLC Inc is dedicated to providing permanent affordable housing and transitional living facilities for families who are homeless or fall under the working poor category. Their mission is to ensure these families have a stable living environment, promoting their overall well-being. The organization operates with the aim of providing a supportive environment that helps families transition towards self-sufficiency and a more secure future. Their activities focus on the production and operation of these living spaces, offering a much-needed solution to families in need of affordable housing.
Who is the CEO of Homes By Tlc Inc?
Celia Murphee Bernstein is the Co-Chairperson of Homes By Tlc Inc.
What is the revenue of Homes By Tlc Inc?
Homes By Tlc Inc's revenue in 2022 was $1,891,552.
Who are the executives of Homes By Tlc Inc and what are their salaries?
The average compensation at Homes By Tlc Inc during 2022 was $13,321. There is 1 employee and 10 volunteers at Homes By Tlc Inc.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
Where can I find the form 990 for Homes By Tlc Inc?
Homes By Tlc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Homes By Tlc Inc
Homes By TLC Inc, as a nonprofit organization, is dedicated to the production and operation of permanent affordable housing and transitional living facilities. This mission serves the needs of homeless and working-poor families, providing them with secure and affordable living spaces. The organization's goal is to offer a sense of stability and security to these families, enabling them to focus on improving their lives and overcoming the challenges they face. Homes By TLC Inc's mission is not just about providing shelter; it's about creating a supportive environment that fosters growth and development, empowering these families to break the cycle of poverty and build a better future for themselves.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Homes By TLC Inc significantly contributes to the community by addressing the urgent need for permanent affordable housing and transitional living options for homeless and working poor families. By providing stable housing solutions, the organization helps vulnerable populations regain their footing and work towards self-sufficiency. Located in Lawrenceville, NJ, the initiative not only meets immediate housing needs but also promotes long-term social stability and well-being for families in crisis. Through its mission, Homes By TLC Inc plays a crucial role in alleviating homelessness and enhancing the quality of life for individuals in the community.
This information is meant to be a general summary of Homes By Tlc 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: -$85,584
- Program Service Revenue: $1,315,374
- Gross Receipts: $2,112,090
Assets and Liabilities:
- Total Assets: $16,454,657
- Total Liabilities: $10,287,416
- Net Assets: $6,167,241
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT
Revenue
$865,868
PROGRAM SERVICE FEES
Revenue
$269,111
PROGRAM SUPPORT
Revenue
$176,544
TENANT ASSISTANCE PAYM
Revenue
$3,851
Organization Details
Founding Year
1999
Phone
(609) 989-9417Principal Officer
Celia Murphee Bernstein
Main Address
1880 PRINCETON AVE, LAWRENCEVILLE, NJ, 08648
NTEE Category
Code: P85 - Human services
If you are a representative of Homes By Tlc Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.