Overview
What is Housing Opportunities Made Equal Of Virginia Inc?
Housing Opportunities Made Equal of Virginia Inc, abbreviated as HOME, is a nonprofit organization headquartered in Richmond, Virginia. Their primary mission is to ensure equal access to housing for all individuals and families, achieving this through three main approaches: building individual capacities, ensuring compliance with fair housing laws, and promoting effective public policies. The organization provides a range of services during fiscal year 2021-2022, including homeownership education, counseling, and assistance, rental education, financial literacy counseling, and eviction prevention, among others. In total, they served over 2,000 families, averaging 212,126 page views on their website and 739,731 impressions on social media platforms. With a team of 41 employees, HOME's comprehensive approach aims to develop financially literate consumers, thereby promoting housing access and stability.
Official website here: www.homeofva.org
What are the reviews and ratings of this charity?
**: Great - Charity Navigator Rating 96% (Four-Star out of Four Stars )**ar Rating)**
Housing Opportunities Made Equal Of Virginia Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance, alongside a commendable culture and community score. The organization boasts an exceptional 97 in Accountability & Finance for FY2023, showcasing high levels of financial prudence, independent board governance, and transparency in its operations.
The organization demonstrates a solid financial framework, with 96.63% of its expenses directed towards programs, indicating a strong focus on its mission. Furthermore, its fundraising efficiency shows that it costs only $0.03 to raise a dollar, an indicator of its operational effectiveness. While the rating does not include an Impact & Measurement score, the implemented equity practices signal a commitment to fostering inclusive initiatives.
User reviews from GreatNonprofits are currently unavailable for this nonprofit. However, the high scores and positive indicators reflect trust and reliability for potential donors and community members interested in supporting its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Housing Opportunities Made Equal Of Virginia Inc legitimate?
Housing Opportunities Made Equal Of Virginia Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Opportunities Made Equal Of Virginia 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: $358,508
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,890,250
For more financial information, click here
Official website here: www.homeofva.org
What is the mission statement of Housing Opportunities Made Equal Of Virginia Inc?
Housing Opportunities Made Equal of Virginia Inc's mission is centered around ensuring equal access to housing for all individuals. The organization achieves this goal by building individual capacities, enforcing compliance with fair housing laws, and advocating for effective public policies. Their comprehensive approach includes offering housing counseling and education services, helping families gain financial literacy and management skills to secure and maintain stable housing. During the 2021-2022 fiscal year, they served over 2,000 families, providing various services such as homeownership education, counseling, and assistance to first-time homebuyers, rental education, credit and money management counseling, and rental assistance to avoid evictions. Their digital media campaigns and website attracted a significant number of page views and visitors, demonstrating their reach and impact in promoting housing access and stability across various platforms.
Official website here: www.homeofva.org
Who is the CEO of Housing Opportunities Made Equal Of Virginia Inc?
Thomas Okuda Fitzpatrick is the Chair of Housing Opportunities Made Equal Of Virginia Inc. The CEO's salary of Housing Opportunities Made Equal Of Virginia Inc is $0 and their total compensation is $0.
Official website here: www.homeofva.org
What is the revenue of Housing Opportunities Made Equal Of Virginia Inc?
Housing Opportunities Made Equal Of Virginia Inc's revenue in 2022 was $11,055,422.
Official website here: www.homeofva.org
Who are the executives of Housing Opportunities Made Equal Of Virginia Inc and what are their salaries?
The average compensation at Housing Opportunities Made Equal Of Virginia Inc during 2022 was $54,848. There are 41 employees and 88 volunteers at Housing Opportunities Made Equal Of Virginia Inc.
Here are 29 key members and their salaries (Housing Opportunities Made Equal Of Virginia Inc's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.homeofva.org
Where can I find the form 990 for Housing Opportunities Made Equal Of Virginia Inc?
Housing Opportunities Made Equal Of Virginia Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.homeofva.org
Learn more at the official website: www.homeofva.org
Mission Statement of Housing Opportunities Made Equal Of Virginia Inc
Housing Opportunities Made Equal of Virginia Inc, often referred to as HOME, is dedicated to ensuring equal access to housing for all individuals. The organization's mission is to promote fair housing practices and advocate for effective public policies that foster an inclusive housing market. By providing educational resources and counseling services, HOME aims to build the capacity of individuals and families to navigate the housing market, enabling them to access and maintain stable housing.
Through its Center for Housing Counseling and Education, HOME offers a range of programs designed to empower individuals and families in their housing journey. These programs include homeownership education and counseling, down payment assistance for first-time homebuyers, rental education, credit and money management counseling, foreclosure prevention services, and rental mobility and housing stability programs. Additionally, HOME provides landlord-tenant referral services, credit report analysis, and rental financial literacy counseling to help families avoid eviction. By taking a comprehensive approach to housing access and stability, HOME works to develop financially literate consumers and promote equitable housing opportunities.
During the fiscal year 2021-2022, HOME served over 2,000 families, providing various services such as homeownership education, counseling, and down payment assistance. The organization also offered rental education, credit and money management counseling, foreclosure prevention services, rental mobility counseling, reverse mortgage counseling, and landlord-tenant referral services. Furthermore, HOME provided rental financial literacy counseling and rental assistance to avoid eviction. With its educational resources and counseling services, HOME helped individuals and families gain the knowledge and financial management skills necessary to access and maintain stable housing, ultimately contributing to a more equitable housing market.
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Impact
October, 2024
Housing Opportunities Made Equal of Virginia Inc. plays a crucial role in promoting equitable access to housing, fostering individual capacity, and ensuring compliance with fair housing laws. Its comprehensive approach enhances housing stability for individuals and families through education and support.
By providing housing counseling and education, HOME equips over 2,000 families each year with the knowledge and financial management skills needed for stable housing. Services range from homeownership education and counseling, which helped nearly 700 families, to rental assistance programs that supported numerous families in avoiding eviction. Their efforts have led to successful outcomes, allowing many families to become informed tenants and responsible homeowners.
The organization has also made significant strides in increasing public awareness of housing issues, generating substantial engagement through its digital presence. With over 212,000 website page views, an impressive social media reach, and numerous earned media impressions, HOME effectively raises awareness of housing opportunities and challenges in Virginia.
Through programs like foreclosure prevention and rental mobility counseling, HOME promotes long-term housing stability, helping families navigate complex housing markets and maintain their homes—a vital component in building stronger, more resilient communities.
This information is meant to be a general summary of Housing Opportunities Made Equal Of Virginia 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: $2,249
- Program Service Revenue: $1,101,071
- Gross Receipts: $11,055,422
Assets and Liabilities:
- Total Assets: $5,191,180
- Total Liabilities: $941,399
- Net Assets: $4,249,781
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SETTLEMENTS
Revenue
$1,101,071
Organization Details
Founding Year
1971
Phone
(804) 354-0641Principal Officer
Thomas Okuda Fitzpatrick
Main Address
626 E BROAD STREET 400, RICHMOND, VA, 23219
Website
www.homeofva.orgNTEE Category
Code: L82 - Housing
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