Overview
What is One House At A Time Inc?
One House At A Time Inc, based in Baltimore, Maryland, serves as a court-appointed receiver for the district court of Baltimore city. Their primary role is facilitating the transfer of ownership of vacant properties that have been deemed a nuisance. They assess potential buyers to ensure they possess the necessary experience and financial capability to rehabilitate the properties. Public auctions are conducted, and property settlements are coordinated. The organization reports all transaction details to the district court and distributes settlement funds according to the order of claims against the vacant properties. With a team of four employees, One House At A Time Inc contributes to the revitalization of neglected properties in Baltimore city.
Official website here: www.onehousebaltimore.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
One House At A Time Inc has achieved an 88% score, reflecting strong performance in accountability and finance, which forms the basis of its Three-Star rating. The organization boasts an exemplary record of governance, with an entirely independent board comprising eight members, and it has effectively established policies such as a conflict of interest policy and a whistleblower policy. The organization also maintains transparency by documenting board meeting minutes and ensuring that its financial statements undergo thorough audit and oversight.
Financially, One House At A Time Inc demonstrates effective management, with a high program expense ratio of 85.49%, indicating that a significant portion of its expenditures directly supports its charitable programs. However, the organization has a liabilities to assets ratio of 55.71%, suggesting that while it manages its finances well, it does carry a substantial amount of liabilities relative to its assets. This could be an area for potential improvement to enhance its financial stability in the long term.
Overall, the organization shows a strong commitment to accountability and effective governance, which are positive indicators for potential donors and supporters. Ensuring continued financial health while maintaining its high programmatic focus will be essential for its ongoing impact and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is One House At A Time Inc legitimate?
One House At A Time Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. One House At A Time 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: $100,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $154,893
For more financial information, click here
Official website here: www.onehousebaltimore.org
What is the mission statement of One House At A Time Inc?
One House At A Time Inc's mission is centered around facilitating the transfer of vacant properties to eligible buyers. Acting as an agent of the district court of Maryland for Baltimore city, the organization plays a pivotal role in this process. Their primary goal is to reassign ownership of nuisance properties that have fallen into disrepair. To ensure the properties are revitalized, they evaluate potential buyers based on their experience and financial capacity. Public auctions are conducted and property settlements are coordinated. The organization reports all transaction details to the district court, with settlement funds distributed in a prioritized manner to settle claims against the vacant properties.
Official website here: www.onehousebaltimore.org
Who is the CEO of One House At A Time Inc?
Pia Heslip is the Executive Dir. of One House At A Time Inc.
Official website here: www.onehousebaltimore.org
What is the revenue of One House At A Time Inc?
One House At A Time Inc's revenue in 2022 was $935,044.
Official website here: www.onehousebaltimore.org
Who are the executives of One House At A Time Inc and what are their salaries?
The average compensation at One House At A Time Inc during 2022 was $63,723. There are 4 employees and 8 volunteers at One House At A Time Inc.
Here are 9 key members and their salaries:
- Compensation: $100,000
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- Other: $0
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- Other: $0
Official website here: www.onehousebaltimore.org
Where can I find the form 990 for One House At A Time Inc?
One House At A Time Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.onehousebaltimore.org
Learn more at the official website: www.onehousebaltimore.org
Mission Statement of One House At A Time Inc
One House At A Time Inc, as a court-appointed receiver for the district court of Maryland in Baltimore city, plays a significant role in facilitating the transfer of vacant properties to qualified buyers. The organization's mission is centered around addressing the issue of vacant properties that have been classified as a nuisance. By acting as an agent of the district court, One House At A Time Inc evaluates potential buyers to ensure they possess the necessary experience and financial capability to rehabilitate these properties. The organization conducts public auctions, coordinates property settlements, and reports all transaction details to the district court. Funds from these settlements are distributed in a prioritized manner, addressing claims against the vacant properties. In essence, One House At A Time Inc serves as a catalyst for revitalizing communities by turning vacant properties into valuable assets in the hands of capable buyers.
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Impact
October, 2024
One House At A Time Inc has a significant impact on community improvement in Baltimore by addressing the issue of vacant properties. Acting as an agent of the district court of Maryland, the organization facilitates the transfer of these nuisances to qualified buyers who possess the experience and financial resources to rehabilitate them.
By conducting public auctions and coordinating property settlements, One House At A Time Inc not only revitalizes individual properties but also contributes to the overall revitalization of neighborhoods. The organization’s role in evaluating potential buyers ensures that these properties will be restored and integrated back into the community, rather than remaining abandoned. Additionally, by managing the distribution of funds received during settlements, the organization helps prioritize claims against these vacant properties, thereby streamlining the financial process and aiding in the local economy.
Overall, One House At A Time Inc plays a crucial role in transforming vacant spaces into valuable community assets, fostering neighborhood revitalization and improving the quality of life for residents in Baltimore.
This information is meant to be a general summary of One House At A Time 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.
- Program Service Revenue: $935,044
- Gross Receipts: $935,044
Assets and Liabilities:
- Total Assets: $4,360,569
- Total Liabilities: $2,429,670
- Net Assets: $1,930,899
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Receivership Fees
Revenue
$935,044
Organization Details
Founding Year
2004
Phone
(410) 467-1826Principal Officer
Pia Heslip
Main Address
3553 CHESTNUT AVENUE, BALTIMORE, MD, 21211
Website
www.onehousebaltimore.orgNTEE Category
Code: S20 - Community improvement
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