Overview
What is Hope House Ii Inc?
Hope House II Inc is a non-profit organization based in Boston, Massachusetts, specifically at 8 Farnham Street. Their primary mission is to develop, own, and operate a facility aimed at treating male alcohol and substance abusers in the Lower Roxbury neighborhood. This facility also includes affordable transitional single room occupancy units for graduates of alcohol and substance abuse treatment facilities in the city. In essence, Hope House II Inc provides a supportive environment for recovery and reintegration of individuals struggling with substance abuse issues.
Official website here: www.hopehouseboston.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Hope House II Inc has received a Three-Star rating from Charity Navigator, indicating a robust level of accountability and financial responsibility. With a score of 82%, the charity excels particularly in governance, boasting a fully independent board of ten members and having no material diversion of assets. The organization also maintains comprehensive policies on conflict of interest, whistleblower protections, and document management, which are all crucial for transparency.
In terms of financial efficiency, Hope House II Inc achieved a perfect program expense ratio of 100%, suggesting that all funds are directed toward its programs rather than administrative costs. However, the charity's liabilities to assets ratio of 85.47% raises concerns, indicating that a significant portion of its assets is tied up in liabilities, which could impact future financial stability.
Overall, while Hope House II Inc demonstrates strong governance and operational integrity, potential donors may want to consider its financial leverage and liabilities when evaluating its long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Hope House Ii Inc legitimate?
Hope House Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope House Ii 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.hopehouseboston.org
What is the mission statement of Hope House Ii Inc?
Hope House II Inc is dedicated to providing treatment facilities for male alcohol and substance abusers. The organization aims to establish and manage a center in a suitable location, offering affordable transitional housing units for those who have completed treatment programs. The mission of Hope House II Inc is to help these individuals rebuild their lives and make a successful transition back into society. The organization's efforts focus on offering support and resources to aid in the recovery process, ultimately helping these individuals regain their independence.
Official website here: www.hopehouseboston.org
Who is the CEO of Hope House Ii Inc?
Eileen Maguire is the Former President Thru 01/22 of Hope House Ii Inc.
Official website here: www.hopehouseboston.org
What is the revenue of Hope House Ii Inc?
Hope House Ii Inc's revenue in 2022 was $20.
Official website here: www.hopehouseboston.org
Who are the executives of Hope House Ii Inc and what are their salaries?
There 14 volunteers at Hope House Ii Inc.
Here are 18 key members and their salaries:
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- Related: $156,707
- Other: $21,000
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- Other: $16,000
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- Other: $11,000
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- Related: $95,210
- Other: $10,000
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Official website here: www.hopehouseboston.org
Where can I find the form 990 for Hope House Ii Inc?
Hope House Ii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hopehouseboston.org
Learn more at the official website: www.hopehouseboston.org
Mission Statement of Hope House Ii Inc
Hope House II Inc, a non-profit organization, is committed to developing, owning, and operating a facility in Boston, Massachusetts, specifically in the Lower Roxbury neighborhood. Their mission is to provide treatment for male alcohol and substance abusers. This facility also includes affordable transitional single room occupancy units for graduates of alcohol and substance abuse treatment facilities in the city. In essence, Hope House II Inc aims to offer a supportive environment for recovering addicts, helping them transition back into society after treatment.
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Impact
June, 2024
Hope House II Inc's impact is significant in providing a crucial support system for male alcohol and substance abusers in the Lower Roxbury neighborhood of Boston, Massachusetts. By developing, owning, and operating a treatment facility tailored to their needs, this organization is offering a lifeline to individuals struggling with addiction. Additionally, their provision of affordable transitional single room occupancy units for graduates of alcohol and substance abuse treatment facilities in the city contributes to a holistic approach towards recovery. This initiative is not only addressing the immediate challenges of addiction but also ensuring a pathway to sustained sobriety and stability for those in need.
This information is meant to be a general summary of Hope House Ii 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: $20
- Gross Receipts: $20
Assets and Liabilities:
- Total Assets: $10,107,953
- Total Liabilities: $8,224,330
- Net Assets: $1,883,623
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Organization Details
Founding Year
2007
Phone
(617) 971-9360Principal Officer
Eileen Maguire
Main Address
8 FARNHAM STREET, BOSTON, MA, 02119
Website
www.hopehouseboston.orgNTEE Category
Code: F192 - Mental health
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