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Horace Mann Ambridge Neighborhood Improvement Organization Inc

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

EIN: 311190377 ✦ Gary, IN ✦ Designated as a 501(c)(3)

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Overview

What is Horace Mann Ambridge Neighborhood Improvement Organization Inc?

Horace Mann Ambridge Neighborhood Improvement Organization Inc is a nonprofit based in Gary, Indiana, with a specific focus on providing affordable housing solutions for inner-city residents. Their mission encompasses rehabilitating, maintaining, and constructing dwellings tailored to meet the needs of this demographic. By doing so, they contribute to the betterment of their community, offering much-needed housing options for its residents.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Star rating)

The Horace Mann Ambridge Neighborhood Improvement Organization Inc has achieved a remarkable score of 94%, earning it a Four-Star rating from Charity Navigator. This rating reflects the organization's strong commitment to accountability and finance, with an exceptional program expense ratio of 99.83%, indicating that nearly all of its expenditures directly support its mission.

Significant strengths include a fully independent board, showcasing solid governance practices with 100% of board members being independent. The organization also demonstrates thorough policies for conflict of interest, whistleblower protections, and document retention, all of which contribute to its high rating for accountability.

While the organization appears to be financially sound, as evidenced by a low liabilities to assets ratio of 20.93%, it is essential for potential donors to consider the organization's impact beyond financial metrics. Overall, its strong governance and financial practices are commendable, making it a trustworthy option for those looking to support community improvement initiatives.


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

Is Horace Mann Ambridge Neighborhood Improvement Organization Inc legitimate?

Horace Mann Ambridge Neighborhood Improvement Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Horace Mann Ambridge Neighborhood Improvement Organization 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

For more financial information, click here

What is the mission statement of Horace Mann Ambridge Neighborhood Improvement Organization Inc?

The Horace Mann Ambridge Neighborhood Improvement Organization Inc is committed to rehabilitating, maintaining, and constructing affordable housing units within urban communities. Their mission is to provide a living space that is within reach for inner city residents, ensuring they have a decent place to call home. Through their initiatives, they aim to enhance the living conditions and improve the quality of life for these residents. Their primary activity revolves around affordable housing rental services.

Who is the CEO of Horace Mann Ambridge Neighborhood Improvement Organization Inc?

Zirl Smith is the President of Horace Mann Ambridge Neighborhood Improvement Organization Inc.

What is the revenue of Horace Mann Ambridge Neighborhood Improvement Organization Inc?

Horace Mann Ambridge Neighborhood Improvement Organization Inc's revenue in 2022 was $13,235.

Who are the executives of Horace Mann Ambridge Neighborhood Improvement Organization Inc and what are their salaries?

There 2 volunteers at Horace Mann Ambridge Neighborhood Improvement Organization Inc.


Here are 3 key members and their salaries:


Nadine Mcdowell (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zirl Smith (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Mulligan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Horace Mann Ambridge Neighborhood Improvement Organization Inc?

Horace Mann Ambridge Neighborhood Improvement Organization Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Horace Mann Ambridge Neighborhood Improvement Organization Inc

Horace Mann Ambridge Neighborhood Improvement Organization Inc is dedicated to improving living conditions in urban areas by rehabilitating, maintaining, and constructing affordable housing units. Their mission is centered around providing inner city residents with reasonably priced housing options, aiming to contribute positively to the community and enhance the quality of life for its residents. The organization focuses on this particular area of work, offering rental properties that are affordable, thereby addressing the housing needs of those residing in the inner city.

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Impact




August, 2024

Horace Mann Ambridge Neighborhood Improvement Organization Inc's impact is significant in GARY, IN, as it focuses on rehabilitating, maintaining, and building affordable housing for inner city residents. Through its efforts, the organization provides affordable housing rental options for individuals in need, contributing to the improvement of the community and addressing housing challenges faced by inner city residents. This organization's mission to rehab, maintain, and build affordable housing demonstrates its commitment to making a positive difference in the lives of those living in the city.




This information is meant to be a general summary of Horace Mann Ambridge Neighborhood Improvement Organization 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
$13,235 (2022)
Expenses
$98,720 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $13,235

Assets and Liabilities:

  • Total Assets: $644,972
  • Total Liabilities: $135,001
  • Net Assets: $509,971

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Organization Details

Founding Year

1979

Principal Officer

Zirl Smith

Main Address

1614 West 5th Ave, Gary, IN, 46402

NTEE Category

Code: S20Z - Community improvement

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