Overview
What is Hollister House Inc?
Hollister House Inc is a nonprofit organization located in New Albany, Ohio. Their primary mission is to provide housing for elderly individuals and those with disabilities who fall under the low and moderate income bracket, as per the National Affordable Housing Act's Section 8. The organization's activities are centered around this mission, aiming to offer suitable living accommodations to this specific group of people. Hollister House Inc's housing ensures a comfortable and secure living environment for its residents, thereby contributing positively to their overall well-being.
Is Hollister House Inc legitimate?
Hollister House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hollister House 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 Hollister House Inc?
Hollister House Inc's mission is centered around providing housing for individuals who fall under the categories of low and moderate income, as well as those with disabilities. This non-profit organization strives to make housing accessible for these groups, demonstrating a commitment to their well-being and living circumstances. By doing so, Hollister House Inc contributes to enhancing the quality of life for these individuals, ensuring they have a suitable living space that they can call home. The organization's efforts are aligned with Section 8 of the National Affordable Housing Act, which sets guidelines for qualifying residents.
Who is the CEO of Hollister House Inc?
Rob Festenstein is the President of Hollister House Inc.
What is the revenue of Hollister House Inc?
Hollister House Inc's revenue in 2023 was $364,633.
Who are the executives of Hollister House Inc and what are their salaries?
There 4 volunteers at Hollister House Inc.
Here are 3 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Hollister House Inc?
Hollister House Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hollister House Inc
Hollister House Inc, a nonprofit organization, is dedicated to providing housing solutions for low and moderate income elderly individuals and those with disabilities. The mission of Hollister House Inc is to ensure that these vulnerable groups have access to suitable living arrangements. By doing so, the organization aims to enhance their quality of life and promote independence. The residents of Hollister House Inc are qualified under Section 8 of the National Affordable Housing Act, which provides them with affordable housing options. Hollister House Inc's commitment to this cause is evident in its provision of 24-unit housing facilities in Ohio, catering to the specific needs of its residents.
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Impact
October, 2024
Hollister House Inc significantly enhances the quality of life for low and moderate-income elderly individuals and those with disabilities in New Albany, Ohio. By providing 24 units of affordable housing, the organization addresses critical housing needs for some of the most vulnerable members of the community. The residents benefit from secure, safe living environments that foster independence and support social well-being.
The initiative operates under the guidelines of Section 8 of the National Affordable Housing Act, ensuring that financial barriers are minimized for those eligible. As a result, Hollister House Inc plays a vital role in reducing homelessness and housing instability for elderly and handicapped individuals, making a meaningful difference in their lives. Through its mission, the organization not only offers a place to live but also promotes dignity, autonomy, and a sense of community among its residents, which are essential for their overall well-being.
This information is meant to be a general summary of Hollister House 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: $587
- Program Service Revenue: $54,723
- Gross Receipts: $364,633
Assets and Liabilities:
- Total Assets: $265,884
- Total Liabilities: $1,337,757
- Net Assets: -$1,071,873
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE - NET
Revenue
$54,723
Organization Details
Founding Year
1982
Phone
(614) 863-4640Principal Officer
Rob Festenstein
Main Address
PO BOX 535, NEW ALBANY, OH, 43054
NTEE Category
Code: P73Z - Human services
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