Overview
What is Hw-Confluence Inc?
Hw-Confluence Inc is a nonprofit organization situated in Missoula, Montana, with an address at 1535 Liberty Lane 116A, 59808. Its primary role is to support Homeword, Inc., a Montana-based 501(c)(3) corporation. Hw-Confluence Inc's mission is to manage and lease property, generating income, and then transferring the total proceeds, minus expenses, to Homeword, Inc. The organization's main purpose is to contribute to Homeword, Inc.'s initiatives and objectives.
Is Hw-Confluence Inc legitimate?
Hw-Confluence Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Hw-Confluence 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
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What is the mission statement of Hw-Confluence Inc?
Hw-Confluence Inc's primary role is to support Homeword, Inc., a non-profit organization based in Montana. The main objective of Hw-Confluence Inc is to manage property and its title, lease out this property for income, and subsequently transfer the net income, after deducting expenses, to Homeword, Inc. This arrangement is aimed at aiding Homeword, Inc. in its charitable activities. Hw-Confluence Inc serves as a financial intermediary, contributing to Homeword, Inc.'s mission without directly engaging in its operations or programs.
Who is the CEO of Hw-Confluence Inc?
Andrea Davis is the President of Hw-Confluence Inc.
What is the revenue of Hw-Confluence Inc?
Hw-Confluence Inc's revenue in 2023 was $43,189.
Who are the executives of Hw-Confluence Inc and what are their salaries?
There 5 volunteers at Hw-Confluence Inc.
Here are 7 key members and their salaries:
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- Related: $113,731
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- Related: $89,808
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Where can I find the form 990 for Hw-Confluence Inc?
Hw-Confluence Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hw-Confluence Inc
Hw-Confluence Inc, as a supporting entity, has a mission to aid Homeword, Inc., a Montana-based 501(c)(3) corporation. Their primary role is to manage and hold property titles, lease out properties, and collect income derived from these leases. The ultimate objective is to subsequently transfer the entire income, minus any incurred expenses, to Homeword, Inc. This mission enables Homeword, Inc. to continue its operations and contributions towards its own mission, which is to provide affordable housing solutions and related services to individuals and families in need.
In essence, Hw-Confluence Inc acts as a property management entity, leveraging its role to generate income for Homeword, Inc., thereby supporting their mission to provide affordable housing solutions in Montana. By managing properties and leasing them out, Hw-Confluence Inc plays a crucial role in contributing to Homeword, Inc.'s broader objectives, ultimately benefiting the community it serves.
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Impact
October, 2024
Hw-Confluence Inc plays a pivotal role in enhancing community resources through its focused support of Homeword, Inc., a Montana organization dedicated to improving housing opportunities. By holding and managing property, Hw-Confluence Inc ensures that valuable real estate is available for development and use in community-enhancing projects.
The organization’s activities include leasing properties and managing income from these assets. This income is strategically reinvested in Homeword, Inc., allowing for sustainable funding and program expansion aimed at improving living conditions, providing housing solutions, and supporting community development initiatives in Missoula, Montana.
Overall, Hw-Confluence Inc contributes significantly to community improvement efforts, reinforcing the commitment to foster a supportive environment that addresses housing needs and bolsters the overall well-being of the community.
This information is meant to be a general summary of Hw-Confluence 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 2023.
- Investment Income: $260
- Program Service Revenue: $83,165
- Gross Receipts: $279,659
Assets and Liabilities:
- Total Assets: $3,348,194
- Total Liabilities: $4,259,415
- Net Assets: -$911,221
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rents from Homeword In
Revenue
$83,165
Organization Details
Founding Year
2010
Phone
(406) 532-4663Principal Officer
Andrea Davis
Main Address
1535 Liberty Lane 116A, Missoula, MT, 59808
NTEE Category
Code: S47 - Community improvement
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