Overview
What is Homes For Independence Space Coast Inc?
Homes For Independence Space Coast Inc, situated in Clearwater, Florida, is a 501(c)(3) nonprofit organization, serving as the housing division of Abilities, Inc. of Florida. This organization aims to foster inclusive communities by offering services, resources, and partnerships for individuals with disabilities, their families, caregivers, and community members. Operating under the umbrella of ServicesSource, a national organization with regional offices in over 10 states and D.C., Homes For Independence provides affordable and accessible housing solutions, including inclusive condominium units in Pinellas and Brevard Counties, Florida, and Cumberland County, North Carolina. They also offer housing counseling and support services for veterans through Duvall Park in St. Petersburg, Florida. Their mission is to create more inclusive communities for all.
Official website here: www.servicesource.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Homes For Independence Space Coast Inc has received an overall rating of 82%, which reflects a strong performance primarily in accountability and finance metrics. The organization demonstrates a commitment to transparency and governance, as evidenced by its 100% independent board and adherence to essential policies such as conflict of interest and whistleblower protection.
The charity excels in its program expense ratio, dedicating 88.33% of its expenditures to its programs, indicating that the majority of its resources are focused on its mission. Additionally, all required documentation, including board meeting minutes and its website, are properly maintained and accessible, showcasing good organizational practices.
However, the charity faces a significant concern with a liabilities to assets ratio of 109.01%, indicating that its liabilities exceed its assets, which could impact financial stability in the long term. Overall, while the organization shows many strengths, this financial ratio highlights an area that may need attention moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Homes For Independence Space Coast Inc legitimate?
Homes For Independence Space Coast Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homes For Independence Space Coast 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.servicesource.org
What is the mission statement of Homes For Independence Space Coast Inc?
Homes For Independence Space Coast Inc's mission is to facilitate services, resources, and partnerships to support individuals with disabilities and others they serve, including their families, caregivers, and community members. The organization aims to build more inclusive communities by providing affordable, accessible, and safe housing solutions. This is achieved through inclusive rentals in established communities, housing counseling for individuals with disabilities and their families, and veteran housing projects. In addition, they offer housing support services for veterans and their families. The organization's work is part of a larger network of regional offices operating in multiple states, all working towards the same goal of fostering inclusive communities.
Official website here: www.servicesource.org
Who is the CEO of Homes For Independence Space Coast Inc?
Bruce Patterson is the CEO of Homes For Independence Space Coast Inc The CEO's salary of Homes For Independence Space Coast Inc is $0 and their total compensation is $636,644.
Official website here: www.servicesource.org
What is the revenue of Homes For Independence Space Coast Inc?
Homes For Independence Space Coast Inc's revenue in 2024 was $96,946.
Official website here: www.servicesource.org
Who are the executives of Homes For Independence Space Coast Inc and what are their salaries?
There 7 volunteers at Homes For Independence Space Coast Inc.
Here are 13 key members and their salaries (Homes For Independence Space Coast Inc's CEO's salary is $0 and their total compensation is $636,644):
- 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: $596,281
- Other: $40,363
- Compensation: $0
- Related: $366,470
- Other: $1,947
- Compensation: $0
- Related: $167,280
- Other: $32,294
- Compensation: $0
- Related: $342,907
- Other: $41,634
- Compensation: $0
- Related: $124,367
- Other: $20,851
- Compensation: $0
- Related: $243,357
- Other: $32,471
Official website here: www.servicesource.org
Where can I find the form 990 for Homes For Independence Space Coast Inc?
Homes For Independence Space Coast Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.servicesource.org
Learn more at the official website: www.servicesource.org
Mission Statement of Homes For Independence Space Coast Inc
Homes For Independence Space Coast Inc, as a 500(c)(3) organization, is dedicated to facilitating services, resources, and partnerships to support individuals with disabilities and others they serve, including their families, caregivers, and community members. Their mission is to build more inclusive communities by providing necessary aid. This nonprofit organization operates as the Housing Division of Abilities, Inc. of Florida, which is a broader 500(c)(3) entity with regional offices across multiple states and the District of Columbia.
Homes For Independence Space Coast Inc carries out its mission by offering various programs and services. They provide affordable, accessible, and safe housing for people with low incomes and/or disabilities through rental units integrated into established communities in Pinellas and Brevard Counties, FL, and Cumberland County, NC. In addition to housing, they offer housing counseling for individuals with disabilities and their families. For veterans with disabilities, they have a permanent supported housing community called Duvall Park in St. Petersburg, FL, providing a range of support services. By offering these services, Homes For Independence Space Coast Inc works towards creating more inclusive communities where people with disabilities can live and thrive.
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Impact
August, 2024
Homes For Independence Space Coast Inc's impact can be seen in the provision of affordable, accessible, and safe housing for individuals with low incomes and/or disabilities. Through their programs and services, they offer inclusive, accessible, and affordable rentals in multiple counties, housing counseling for individuals with disabilities and their families, and dedicated veterans housing at Duval Park in St. Petersburg, FL. In the past fiscal year, they provided housing to over 310 families, contributing to the goal of building more inclusive communities for people with disabilities and their families.
This information is meant to be a general summary of Homes For Independence Space Coast 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 2024.
- Program Service Revenue: $82,517
- Gross Receipts: $96,946
Assets and Liabilities:
- Total Assets: $612,651
- Total Liabilities: $650,340
- Net Assets: -$37,689
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING & MGT FEES
Revenue
$82,517
Organization Details
Founding Year
2007
Principal Officer
Bruce Patterson
Website
www.servicesource.orgNTEE Category
Code: L21 - Housing
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