Overview
What is Coalition For Homelessness Intervention And Prevention Of Greater Indpls Inc?
Coalition For Homelessness Intervention And Prevention Of Greater Indpls Inc, often referred to as CHIP, is a nonprofit organization established in 1996 with a mission to advocate for individuals experiencing or at risk of homelessness in Indianapolis. They strive to foster a collaborative approach among community partners, primarily focusing on enhancing housing navigation, acquisition, and landlord engagement strategies. The goal is to provide more housing choices, reduce the duration of homelessness, and strengthen landlord partnerships in Indianapolis. CHIP aims to mobilize the community to work together towards ending homelessness and operates with a team of 14 dedicated individuals.
Official website here: www.chipindy.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 87% (Three-Star out of Four Star rating)
The Coalition For Homelessness Intervention And Prevention Of Greater Indianapolis Inc has received a solid rating of 87% from Charity Navigator, which reflects its strong accountability and financial practices. The organization's score is derived entirely from its Accountability & Finance category, indicating a focus on responsible management of funds and adherence to best practices in nonprofit governance.
Strengths include a fully independent board, with all 12 members meeting the criteria for independence. Additionally, the organization excels in transparency, having detailed financial statements, a conflict of interest policy, and a whistleblower policy clearly outlined on its website. These factors contribute to a high program expense ratio of 79.86%, showcasing a strong commitment to directing funds towards its mission.
While the financial health indicators are generally positive, the working capital ratio of 0.59 years may indicate some limitations in operational liquidity. Despite this, the organization has shown no signs of financial mismanagement, which is an encouraging sign for potential donors and supporters. Overall, the Coalition is noted for its effective governance and commitment to serving the homeless population in Greater Indianapolis.
This AI summary has been generated from information found on Charity Navigator.
Is Coalition For Homelessness Intervention And Prevention Of Greater Indpls Inc legitimate?
Coalition For Homelessness Intervention And Prevention Of Greater Indpls Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coalition For Homelessness Intervention And Prevention Of Greater Indpls 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: $666,200
For more financial information, click here
Official website here: www.chipindy.org
What is the mission statement of Coalition For Homelessness Intervention And Prevention Of Greater Indpls Inc?
The Coalition for Homelessness Intervention and Prevention (CHIP) is a non-profit organization established with the objective of advocating for individuals experiencing or at risk of homelessness. Their mission is to mobilize the community, encouraging collaboration to collectively work towards ending homelessness. CHIP aims to facilitate a coordinated, community-wide approach to combat homelessness and its prevention.
CHIP oversees an Enhancing Opportunities in Indianapolis grant in collaboration with community partners. This initiative focuses on expanding housing navigation, housing acquisition, and landlord engagement strategies. The goal is to enhance housing choices, reduce the length of time individuals experience homelessness, and foster stronger landlord partnerships to ultimately contribute to ending homelessness.
Official website here: www.chipindy.org
Who is the CEO of Coalition For Homelessness Intervention And Prevention Of Greater Indpls Inc?
Keith Broadnax is the Executive Director of Coalition For Homelessness Intervention And Prevention Of Greater Indpls Inc.
Official website here: www.chipindy.org
What is the revenue of Coalition For Homelessness Intervention And Prevention Of Greater Indpls Inc?
Coalition For Homelessness Intervention And Prevention Of Greater Indpls Inc's revenue in 2022 was $2,236,211.
Official website here: www.chipindy.org
Who are the executives of Coalition For Homelessness Intervention And Prevention Of Greater Indpls Inc and what are their salaries?
The average compensation at Coalition For Homelessness Intervention And Prevention Of Greater Indpls Inc during 2022 was $47,586. There are 14 employees and 211 volunteers at Coalition For Homelessness Intervention And Prevention Of Greater Indpls Inc.
Here are 13 key members and their salaries:
- Compensation: $99,386
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.chipindy.org
Where can I find the form 990 for Coalition For Homelessness Intervention And Prevention Of Greater Indpls Inc?
Coalition For Homelessness Intervention And Prevention Of Greater Indpls Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chipindy.org
Learn more at the official website: www.chipindy.org
Mission Statement of Coalition For Homelessness Intervention And Prevention Of Greater Indpls Inc
The Coalition For Homelessness Intervention and Prevention of Greater Indpls Inc is a nonprofit organization established with the mission to rally the community towards ending homelessness. This mission-driven agency, founded in 1996, aims to advocate for individuals experiencing or at risk of homelessness in Indianapolis. By fostering a collaborative approach among various organizations, Coalition For Homelessness Intervention and Prevention of Greater Indpls Inc works towards creating an efficient, coordinated, and community-wide strategy to combat and prevent homelessness.
Through their efforts, the Coalition plays a pivotal role in overseeing a grant program known as Enhancing Opportunities in Indianapolis. This collaboration with community partners is focused on expanding housing navigation, acquisition, and landlord engagement strategies. The ultimate goal is to broaden housing choices, reduce the duration of homelessness, and strengthen landlord partnerships in Indianapolis. By doing so, the Coalition For Homelessness Intervention and Prevention of Greater Indpls Inc is instrumental in creating a more supportive and inclusive community that can effectively address and alleviate homelessness.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Coalition for Homelessness Intervention and Prevention of Greater Indianapolis (CHIP) plays a vital role in addressing homelessness by mobilizing the community to collaborate on effective solutions. By overseeing initiatives like the Enhancing Opportunities in Indianapolis grant, CHIP works alongside community partners to enhance housing navigation, acquisition, and landlord engagement strategies.
Their efforts focus on increasing housing choices for those in need, reducing the time individuals experience homelessness, and building stronger relationships with landlords. Through these strategies, CHIP not only advocates for individuals at risk of homelessness but also cultivates a coordinated community-wide approach designed to systematically address and prevent homelessness in Indianapolis. This comprehensive methodology fosters a more inclusive and supportive environment that ultimately improves the lives of many residents in the area.
This information is meant to be a general summary of Coalition For Homelessness Intervention And Prevention Of Greater Indpls 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.
- Investment Income: $28,790
- Program Service Revenue: $18,834
- Gross Receipts: $2,254,866
Assets and Liabilities:
- Total Assets: $5,684,503
- Total Liabilities: $4,507,595
- Net Assets: $1,176,908
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROFESSIONAL SERVICES
Revenue
$18,834
Organization Details
Founding Year
1988
Phone
(317) 630-0853Principal Officer
Keith Broadnax
Main Address
1014 PROSPECT STREET, INDIANAPOLIS, IN, 46203
Website
www.chipindy.orgNTEE Category
Code: L41Z - Housing
If you are a representative of Coalition For Homelessness Intervention And Prevention Of Greater Indpls Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.