Overview
What is Appalachian Home And Health Inc?
Appalachian Home and Health Inc is a nonprofit organization situated in Knoxville, Tennessee, with an address at 123 Center Park Drive Suite 133. Its primary mission is to provide and enhance permanent residential structures for families and individuals whose income falls within or below 120% of the local median income. The organization also extends its services to those deemed to have special needs, such as the elderly. By doing so, Appalachian Home and Health Inc aims to contribute positively to the community, ensuring the well-being of its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (65%, Two-Star out of Four Star rating)
Appalachian Home And Health Inc has received a "Needs Improvement" rating from Charity Navigator, reflecting an overall score of 65%. The organization displays strengths in governance, featuring an independent board with full scores for size and independence, as well as effective program expense management, allocating 94.02% of its funds to programs. However, the organization faces challenges in financial transparency and accountability, which are critical for donor confidence.
The organization's liabilities to assets ratio is concerning, indicating a potential financial risk, and it has not fully complied with best practice disclosures. Specifically, it lacks essential policies such as a whistleblower policy and document retention and destruction policies. Additionally, the failure to post tax forms and relevant documents on its website further detracts from its accountability score.
While Appalachian Home And Health Inc demonstrates a commitment to its mission through high program expenses, the noted limitations in governance and transparency need to be addressed for improved standing and donor trust. Continuous improvements in these areas could enhance the organization's overall effectiveness and reputation in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Appalachian Home And Health Inc legitimate?
Appalachian Home And Health Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Appalachian Home And Health 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:
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What is the mission statement of Appalachian Home And Health Inc?
Appalachian Home and Health Inc's mission is focused on providing and enhancing permanent residential structures for households whose income falls below 120% of the area median income, as well as for the elderly and individuals or groups deemed to have special needs. The organization's primary objective is to ensure that these households have access to suitable living spaces. The organization's efforts extend to catering to the needs of low-income families, the elderly, and individuals with special requirements. In summary, Appalachian Home and Health Inc is dedicated to improving housing conditions for financially disadvantaged individuals and groups with unique needs.
Who is the CEO of Appalachian Home And Health Inc?
Robert B Sharp is the Board Member of Appalachian Home And Health Inc.
What is the revenue of Appalachian Home And Health Inc?
Appalachian Home And Health Inc's revenue in 2022 was $51,725.
Who are the executives of Appalachian Home And Health Inc and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990 for Appalachian Home And Health Inc?
Appalachian Home And Health Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Appalachian Home And Health Inc
Appalachian Home and Health Inc is committed to providing and improving permanent residential structures that will be occupied by households whose income is at or below 120% of the area median income, the elderly, or those groups or individuals deemed to have special needs. In simple terms, this nonprofit organization aims to construct and enhance homes that will serve as living spaces for low-income families, elderly individuals, and those with unique requirements. By doing so, Appalachian Home and Health Inc contributes to the creation of suitable living environments for these communities, ensuring they have access to comfortable and safe housing.
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Impact
August, 2024
Appalachian Home And Health Inc's impact lies in providing and enhancing permanent residential structures for households with low incomes, the elderly, and individuals with special needs in Knoxville, TN. By focusing on creating homes for the elderly, handicapped, and low-income individuals or families, this organization plays a vital role in addressing housing insecurity and ensuring vulnerable populations have access to safe and affordable housing options. Their mission to improve living conditions for those in need aligns with the broader goal of promoting inclusivity and well-being within the community.
This information is meant to be a general summary of Appalachian Home And Health 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: $51,725
- Gross Receipts: $51,725
Assets and Liabilities:
- Total Assets: $608,707
- Total Liabilities: $435,097
- Net Assets: $173,610
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT POTENTIAL
Revenue
$36,240
DEVELOPER FEES
Revenue
$20,000
MISCELLANEOUS
Revenue
$625
VACANCIES
Revenue
-$1,950
RENT CONCESSIONS
Revenue
-$3,190
Organization Details
Founding Year
2009
Principal Officer
Robert B Sharp
Main Address
123 CENTER PARK DRIVE SUITE 133, KNOXVILLE, TN, 37922
NTEE Category
Code: L21 - Housing
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