Overview
What is Homes For Families?
Homes for Families is a nonprofit organization located in Woodland Hills, California. Their primary focus is to empower low-income veterans and their families, aiding them in transitioning into the middle class through affordable, full-equity homeownership. This is complemented by holistic services designed to foster resilience, self-sufficiency, and economic growth. The nonprofit employs a proven and expanding model called Veteran Enriched Neighborhood (R), providing comprehensive wrap-around services such as financial education, therapeutic workshops, trauma-informed programs, and veteran-to-vendor support. These services aim to equip veterans and their families to thrive in civilian life. Homes for Families operates with a mission to build resilient communities, foster economic growth, and provide suitable homes for veterans and their families. The organization currently has a workforce of 18 individuals.
Official website here: www.homes4families.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Homes For Families has achieved a solid Three-Star rating from Charity Navigator, reflecting its reliable performance in accountability and finance. The organization excels with a notably high score of 90% in Accountability & Finance, showcasing strong oversight and transparency practices. It boasts a fully independent board, with all members meeting the criteria for independence, which contributes to its effective governance.
On the financial front, Homes For Families demonstrates exceptional program expense efficiency, allocating 95.55% of its resources directly to its programs. This indicates a strong commitment to using donations effectively for its mission. The organization also adheres to best practices in governance, as evidenced by its comprehensive policies, including conflict of interest and whistleblower protections.
While the ratings highlight significant strengths, the overall score of 83% suggests there is room for improvement, particularly in Leadership & Adaptability, where it scored 10%. However, the maximum scores in strategy, leadership, and adaptability statements indicate a well-structured approach to navigating challenges and opportunities. Overall, Homes For Families presents a trustworthy option for potential donors looking to support housing initiatives.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Homes For Families?
94% of 32 reviewers on Facebook recommend Homes For Families. Here is a summary of their reviews:
Many individuals express their admiration for the dedication and compassion exhibited by the team at Homes For Families. Comments highlight the exceptional work done by the organization, with a focus on the kindness and hard work of its staff. There is a palpable sense of appreciation for the positive impact that Homes For Families has in the community, as users feel well-supported and cared for.
Overall, the sentiment is overwhelmingly positive, indicating that this nonprofit not only meets but exceeds expectations in its mission to support families. People feel encouraged by the heartfelt commitment of the staff, underscoring the organization’s effectiveness in delivering its services.
This AI summary has been generated from reviews found on Facebook.
Is Homes For Families legitimate?
Homes For Families is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homes For Families 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: $301,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $370,932
For more financial information, click here
Official website here: www.homes4families.org
What is the mission statement of Homes For Families?
Homes For Families' mission is centered around strengthening resilience, fostering economic growth, and establishing supportive neighborhoods and homes for veterans and their families. The organization empowers low-income veterans and their families to ascend into the middle class by providing affordable, full-equity homeownership in conjunction with holistic services designed to enhance resilience, self-sufficiency, and economic growth. Utilizing the Veteran Enriched Neighborhood (VEN) model, Homes For Families offers comprehensive wrap-around services, such as financial education, therapeutic workshops, trauma-informed programs, and veteran-to-veteran support, to help veterans succeed in civilian life. Continuous quality improvement and ongoing outcome research are integral to this model, which is consistently evolving and improving to address emerging veteran needs and economic changes.
Official website here: www.homes4families.org
Who is the CEO of Homes For Families?
Donna Deutchman is the Chairman of Homes For Families. The CEO's salary of Homes For Families is $301,300 and their total compensation is $316,702.
Official website here: www.homes4families.org
What is the revenue of Homes For Families?
Homes For Families's revenue in 2022 was $2,923,767.
Official website here: www.homes4families.org
Who are the executives of Homes For Families and what are their salaries?
The average compensation at Homes For Families during 2022 was $37,346. There are 18 employees and 2900 volunteers at Homes For Families.
Here are 20 key members and their salaries (Homes For Families's CEO's salary is $301,300 and their total compensation is $316,702):
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- Compensation: $301,300
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- Other: $15,402
Official website here: www.homes4families.org
Where can I find the form 990 for Homes For Families?
Homes For Families's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.homes4families.org
Learn more at the official website: www.homes4families.org
Mission Statement of Homes For Families
Homes For Families, a nonprofit organization, is committed to building resilience, fostering economic growth, and creating homes for veterans and their families. Their mission is multifaceted, aiming to empower low-income veterans and their families to ascend into the middle class. They achieve this by offering affordable, full-equity homeownership, complemented by holistic services that cultivate resilience, self-sufficiency, and economic growth.
The organization employs the Veteran Enriched Neighborhood (VEN) model, an outcome-proven strategy that provides comprehensive wrap-around services to service members, veterans, and their families. These services equip them with the necessary skills to thrive in civilian life, encompassing financial education, therapeutic workshops, trauma-informed programs, and veteran-to-veteran support. Homes For Families continually improves and expands this model in response to evolving veteran needs and economic changes, ensuring its relevance and effectiveness.
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Impact
October, 2024
Homes For Families empowers low-income veterans and their families to achieve middle-class stability through affordable, full-equity homeownership coupled with holistic services that foster resiliency and self-sufficiency. By utilizing the Veteran Enriched Neighborhood® model, the organization provides a comprehensive suite of wrap-around services designed to facilitate successful transitions to civilian life.
These services include financial education, therapeutic workshops, and trauma-informed programs, along with invaluable peer support from fellow veterans. The approach not only addresses housing needs but also actively promotes economic growth and community resilience, ensuring that veterans and their families are equipped to thrive. Ongoing outcome research and quality improvement initiatives help the organization adapt and respond to the evolving needs of veterans and economic shifts, making its impact both dynamic and sustainable.
This information is meant to be a general summary of Homes For Families. 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: $74,369
- Gross Receipts: $2,931,767
Assets and Liabilities:
- Total Assets: $16,590,487
- Total Liabilities: $13,099,370
- Net Assets: $3,491,117
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Organization Details
Founding Year
2008
Phone
(818) 884-8808Principal Officer
Donna Deutchman
Main Address
21031 VENTURA BLVD 610, WOODLAND HILLS, CA, 91364
Website
www.homes4families.orgNTEE Category
Code: L99 - Housing
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