Overview
What is Hearts & Hands Of Indiana Corporation?
Hearts & Hands Of Indiana Corporation is a nonprofit organization situated in Indianapolis, Indiana. Their primary mission is to assist families and individuals in achieving affordable, long-term homeownership in the Near West Side of the city. They accomplish this by providing education, mentoring, and rehabilitated homes. By helping families secure long-term homeownership, Hearts & Hands also contributes to various associated benefits, such as increased civic engagement, improved psychological and physical health, enhanced education achievements, and improved property value. These benefits, in turn, empower families to contribute positively to the overall stability of their neighborhood.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
Hearts & Hands Of Indiana Corporation has received a commendable three-star rating from Charity Navigator, reflecting its strong accountability and financial practices. With an overall score of 87%, the organization demonstrates effective management of its resources, featuring a perfect score for the independence and size of its board. This suggests a commitment to transparency and governance, which are critical for donor trust.
The charity excels in its financial health, evidenced by an impressive program expense ratio of 86.04%, indicating that a significant portion of its expenses directly supports its programs rather than administrative costs. Furthermore, the organization has maintained a liabilities to assets ratio of 0.00%, reinforcing its fiscal stability. These metrics highlight the nonprofit's efficient use of funds to achieve its mission.
While the organization showcases strong performance indicators, it is important for potential donors to consider the specific programs and initiatives that Hearts & Hands Of Indiana Corporation supports. A deeper understanding of its impact can provide greater insight into the effectiveness of its operations and the long-term sustainability of its efforts.
This AI summary has been generated from information found on Charity Navigator.
Is Hearts & Hands Of Indiana Corporation legitimate?
Hearts & Hands Of Indiana Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hearts & Hands Of Indiana Corporation 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $3,050
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What is the mission statement of Hearts & Hands Of Indiana Corporation?
Hearts & Hands of Indiana Corporation is a nonprofit organization dedicated to assisting families and individuals in achieving affordable long-term homeownership. They accomplish this by providing education, mentoring, and offering quality rehabilitated homes. The organization's mission is to help these individuals secure the numerous benefits associated with homeownership, such as increased civic engagement, improved psychological and physical health, enhanced education achievement, and boosted property value. These advantages, in turn, empower families to contribute positively to the overall stability of their community.
Who is the CEO of Hearts & Hands Of Indiana Corporation?
John W Keller Cpa is the President of Hearts & Hands Of Indiana Corporation.
What is the revenue of Hearts & Hands Of Indiana Corporation?
Hearts & Hands Of Indiana Corporation's revenue in 2021 was $200,119.
Who are the executives of Hearts & Hands Of Indiana Corporation and what are their salaries?
There 40 volunteers at Hearts & Hands Of Indiana Corporation.
Here are 13 key members and their salaries:
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Where can I find the form 990 for Hearts & Hands Of Indiana Corporation?
Hearts & Hands Of Indiana Corporation's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Hearts & Hands Of Indiana Corporation
Hearts & Hands of Indiana Corporation is a nonprofit organization that strives to aid families and individuals in attaining affordable long-term homeownership in a specific neighborhood. Their mission is accomplished through the provision of education, mentoring, and quality rehabilitated homes. By facilitating homeownership, Hearts & Hands contributes to various benefits for families, such as increased civic engagement, improved psychological and physical health, enhanced educational achievements, and improved property values. These benefits, in turn, empower families to contribute positively to the overall stability of their community. By offering educational resources and guidance, as well as providing rehabilitated homes, Hearts & Hands of Indiana Corporation enables families to build a solid foundation for their future and improve their quality of life.
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Impact
October, 2024
Hearts & Hands Of Indiana Corporation plays a vital role in transforming lives in the near west neighborhood of Indianapolis by facilitating affordable long-term homeownership for families and individuals. Through comprehensive education and mentoring, the organization equips prospective homeowners with the skills and knowledge needed to navigate the complexities of homeownership confidently.
By providing quality rehabilitated homes, Hearts & Hands not only enhances the living conditions of families but also contributes to the overall stability and vitality of the community. Homeownership fosters increased civic engagement, as residents are more likely to participate in local activities and decision-making processes. This engagement can lead to improved neighborhood dynamics, creating a sense of belonging and responsibility among homeowners.
The impact extends beyond just financial security; studies show that homeownership is linked to better psychological and physical health outcomes, higher educational achievement, and increased property values. Moreover, families who achieve homeownership are positioned to invest in their futures, benefiting from the equity their homes build over time. Ultimately, Hearts & Hands helps create a thriving community where families can flourish and contribute positively to the social and economic fabric of Indianapolis.
This information is meant to be a general summary of Hearts & Hands Of Indiana Corporation. 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 2021.
- Program Service Revenue: $199,705
- Gross Receipts: $200,119
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOME SALES
Revenue
$199,705
Organization Details
Founding Year
2009
Phone
(317) 543-7740Principal Officer
John W Keller Cpa
Main Address
337 NORTH WARMAN AVENUE, INDIANAPOLIS, IN, 46222
NTEE Category
Code: X20 - Religion related
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