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Yellow Springs Home Inc

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

EIN: 311656193 ✦ Yellow springs, OH ✦ Designated as a 501(c)(3)

Overview

What is Yellow Springs Home Inc?

Yellow Springs Home Inc is a nonprofit organization situated in Yellow Springs, Ohio. Their primary mission is to promote community and diversity in Yellow Springs and Miami Township by providing affordable and sustainable housing. Major expenses in 2022 include operating expenses for affordable rentals, home repair grants, and salary expenses that further their mission. This involves pre-development work for affordable housing projects, diversity, equity, and inclusion (DEI) coalition work, affordable housing management, service coordination, packaging low-interest USDA 502-direct mortgages, and post-purchase support. The organization, with a team of five dedicated individuals, strives to make a significant impact in their community.


Official website here: www.yshome.org

Is Yellow Springs Home Inc legitimate?

Yellow Springs Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yellow Springs Home 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.

Here are some key statistics you may want to consider:

Executive Compensation: $82,129
Professional Fundraising Fees: $0
Other Salaries and Wages: $145,071

For more financial information, click here


Official website here: www.yshome.org

What is the mission statement of Yellow Springs Home Inc?

Yellow Springs Home Inc's mission is centered around strengthening community and diversity. They achieve this by providing permanently affordable and sustainable housing through their Community Land Trust. This organization's activities in 2022 primarily focused on affordable rental operating expenses, home repair grants, and salary expenditures that advance their mission. These funds are utilized for various tasks such as pre-development work for affordable housing projects, diversity, equity, and inclusion (DEI) coalition work, affordable housing management, service coordination, packaging low-interest USDA 502-direct mortgages, and post-purchase support.


Official website here: www.yshome.org

Who is the CEO of Yellow Springs Home Inc?

Christopher Bongorno is the Director of Yellow Springs Home Inc.


Official website here: www.yshome.org

What is the revenue of Yellow Springs Home Inc?

Yellow Springs Home Inc's revenue in 2022 was $674,135.


Official website here: www.yshome.org

Who are the executives of Yellow Springs Home Inc and what are their salaries?

The average compensation at Yellow Springs Home Inc during 2022 was $45,440. There are 5 employees and 50 volunteers at Yellow Springs Home Inc.

Here are 5 key members and their salaries:

    Emily Seibel (Director)
  • Compensation: $80,692
  • Related: $0
  • Other: $0

    • Malte Von Matthiessen (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Fife (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher Bongorno (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shadia Alvarez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.yshome.org

    Where can I find the form 990 for Yellow Springs Home Inc?

    The Yellow Springs Home Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.yshome.org

    Learn more at the official website: www.yshome.org

    Mission Statement of Yellow Springs Home Inc

    Yellow Springs Home Inc, a nonprofit organization, is dedicated to strengthening community and diversity in an unspecified area by providing permanently affordable and sustainable housing through their Community Land Trust. The mission of this organization is to ensure that affordable housing remains accessible for all, promoting a diverse and thriving community. In order to achieve this goal, Yellow Springs Home Inc undertakes several activities. They invest in affordable rental operating expenses, offer home repair grants, and allocate funds to programmatic salary expenses. These expenses are utilized for various initiatives such as pre-development work for affordable housing projects, promoting diversity, equity, and inclusion (DEI) coalition work, managing and coordinating affordable housing, packaging low-interest USDA 502-direct mortgages, and providing post-purchase support. By executing these tasks, Yellow Springs Home Inc strives to contribute to a community where affordable housing is a sustainable and viable option for all residents, fostering a diverse and harmonious community.

    Impact

    This information is meant to be a general summary of Yellow Springs Home Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Yellow Springs Home Inc is making a significant impact in Yellow Springs and Miami Township by providing permanently affordable and sustainable housing through its Community Land Trust. It contributes to strengthening the community and promoting diversity through various initiatives, including affordable rental operating expenses, home repair grants, and programs focused on affordable housing management and service coordination. The organization's work in pre-development for affordable housing projects, DEI coalition efforts, and facilitating low-interest USDA 502-direct mortgages demonstrates its commitment to addressing housing needs and supporting community stability.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $2,647
  • Program Service Revenue: $0
  • Gross Receipts: $719,236

    • Assets and Liabilities:
  • Total Assets: $4,245,337
  • Total Liabilities: $2,621,599
  • Net Assets: $1,623,738
  • Organization Details

    Founding Year

    1995

    Principal Officer

    Christopher Bongorno

    Main Address

    P O BOX 503, Yellow Springs, OH, 45387

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Yellow Springs Home 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.