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Allies Homes 2009 Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 273720171 ✦ Hamilton, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Allies Homes 2009 Inc?

Allies Homes 2009 Inc is a nonprofit organization situated in Hamilton, New Jersey. Their primary mission is to offer secure and comfortable living environments for individuals with special needs, specifically those with developmental disabilities. They achieve this through the operation of group homes, ensuring affordable housing options are available. The organization's activities primarily focus on providing independent living opportunities, ensuring the well-being and empowerment of its residents.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79%, Three-Star out of Four Star rating. This rating reflects the organization's performance in accountability and finance, indicating a solid commitment to transparency and responsible management of resources. The score suggests that Allies Homes 2009 Inc is generally effective in ensuring that funds are used to support its mission.

One of the organization's strengths is its governance structure, with 100% of its board members being independent, which enhances accountability. Allies Homes demonstrates strong policies in place, including conflict of interest and whistleblower policies, which further promote ethical operations. Additionally, the program expense ratio is quite high at 88.23%, showing that a significant portion of funds is directed toward its programs.

However, the organization faces a challenge with its liabilities to assets ratio, scoring poorly at 0 out of 15 points. This may indicate potential financial risk or vulnerability that could impact its operations in the future. Overall, while Allies Homes is commendable in many respects, there are areas that warrant attention to strengthen its financial health moving forward.


This AI summary has been generated from information found on Charity Navigator.

Is Allies Homes 2009 Inc legitimate?

Allies Homes 2009 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Allies Homes 2009 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: $10,600

For more financial information, click here

What is the mission statement of Allies Homes 2009 Inc?

Allies Homes 2009 Inc, as a mission, is committed to providing affordable housing for individuals with disabilities. Their primary activity revolves around operating group homes that offer independent living opportunities. These homes are designed to provide a safe and comfortable environment for people with developmental disabilities, enabling them to live with a sense of independence and dignity. The organization's goal is to contribute positively to the lives of these individuals, enhancing their overall living experience.

Who is the CEO of Allies Homes 2009 Inc?

Michael Haggerty is the President/Ceo of Allies Homes 2009 Inc. The CEO's salary of Allies Homes 2009 Inc is $0 and their total compensation is $419,954.

What is the revenue of Allies Homes 2009 Inc?

Allies Homes 2009 Inc's revenue in 2022 was $61,404.

Who are the executives of Allies Homes 2009 Inc and what are their salaries?

There 8 volunteers at Allies Homes 2009 Inc.


Here are 6 key members and their salaries (Allies Homes 2009 Inc's CEO's salary is $0 and their total compensation is $419,954):


Michael Haggerty (President/Ceo)
  • Compensation: $0
  • Related: $374,681
  • Other: $45,273
Richard Manall (Chief Financial Officer)
  • Compensation: $0
  • Related: $208,342
  • Other: $22,370
Andre Caldini (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carla Cook (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula J Harrington (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael T Marrazzo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Allies Homes 2009 Inc?

Allies Homes 2009 Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Allies Homes 2009 Inc

Allies Homes 2009 Inc, a nonprofit organization, is committed to providing a mission that caters to individuals with developmental disabilities. Their primary objective is to offer affordable housing options for these individuals, enabling them to live independently in a safe and comfortable environment. By operating group homes, Allies Homes 2009 Inc strives to create opportunities for these individuals to lead fulfilling lives, fostering their independence and promoting their overall well-being.

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Impact




August, 2024

Allies Homes 2009 Inc's impact lies in providing independent living opportunities to people with special needs in a safe and comfortable environment. They offer affordable housing for persons with disabilities through their operation of group homes for individuals with developmental disabilities in Hamilton, NJ. This enables individuals with special needs to live independently and receive the support they require to lead fulfilling lives.




This information is meant to be a general summary of Allies Homes 2009 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.

Revenue
$61,404 (2022)
Expenses
$313,235 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $36
  • Program Service Revenue: $29,685
  • Gross Receipts: $61,404

Assets and Liabilities:

  • Total Assets: $1,373,288
  • Total Liabilities: $1,307,993
  • Net Assets: $65,295

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TENANT RENT

Revenue

$29,685

Organization Details

Founding Year

2010

Principal Officer

Michael Haggerty

Main Address

1262 WHITEHORSE-HAMILTON SQUARE RD, HAMILTON, NJ, 08690

NTEE Category

Code: L20 - Housing

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