Overview
What is Hope Through Housing Foundation?
Hope Through Housing Foundation is a national nonprofit organization, headquartered in Rancho Cumamonga, California. Their mission is to combat poverty and enhance communities by offering place-based services to low-income individuals, families, and seniors. They focus on individuals earning between 30% and 80% of the area median income. Their comprehensive services include on-site preschools, after-school programs, financial education, debt reduction, a pathway to homeownership, senior wellness, and case management. These programs are designed to empower individuals and promote community development through targeted neighborhood transformation around affordable housing sites. Their goal is to leverage resources and support from various partners, resulting in improved lives and communities.
Official website here: www.hthf.org
What are the reviews and ratings of this charity?
**Rating from Charity Navigator:** 96% (Four-Star out of Four Star Rating)
Hope Through Housing Foundation has achieved a commendable 96% rating, which reflects its strong commitment to financial accountability and governance practices. The rating is derived entirely from its Accountability & Finance score, indicating that the organization implements effective financial management and transparency policies.
The foundation boasts a fully independent board, with all 10 members holding no conflicts of interest, further strengthening its governance. With a high program expense ratio of over 81%, the organization demonstrates an effective allocation of resources towards its mission, alongside excellent fundraising efficiency. These elements contribute to a solid financial health profile that is reassuring for potential donors.
While the data reflects positively on the organization's financial practices, it’s notable that other performance aspects such as Leadership & Adaptability, Culture & Community, and Impact & Measurement were not evaluated in this rating. Due to an inability to access user feedback from GreatNonprofits, insights into public sentiment regarding their services are unfortunately unavailable.
This AI summary has been generated from information found on Charity Navigator.
Is Hope Through Housing Foundation legitimate?
Hope Through Housing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Through Housing Foundation 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: $585,408
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,687,070
For more financial information, click here
Official website here: www.hthf.org
What is the mission statement of Hope Through Housing Foundation?
The Hope Through Housing Foundation's mission is centered around breaking the cycle of generational poverty. They achieve this by advocating for policies and implementing programs that empower low-income individuals and communities. The organization's goal is to transform lives and communities, working towards a society where people can lift themselves out of poverty. As a national non-profit, Hope Through Housing Foundation addresses gaps in low-income communities by providing place-based services. Their programs, which include on-site preschools, financial education, debt reduction, and senior wellness, among others, are designed to help individuals find their own way out of poverty. The foundation believes in building human capacity and leveraging community development activities and resources for targeted neighborhood transformation around affordable housing sites.
Official website here: www.hthf.org
Who is the CEO of Hope Through Housing Foundation?
Michael Finn is the Chief Financial Officer of Hope Through Housing Foundation.
Official website here: www.hthf.org
What is the revenue of Hope Through Housing Foundation?
Hope Through Housing Foundation's revenue in 2022 was $7,938,537.
Official website here: www.hthf.org
Who are the executives of Hope Through Housing Foundation and what are their salaries?
There 320 volunteers at Hope Through Housing Foundation.
Here are 17 key members and their salaries:
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- Compensation: $17,250
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- Compensation: $35,131
- Related: $263,484
- Other: $26,000
- Compensation: $55,699
- Related: $213,514
- Other: $21,577
- Compensation: $200,320
- Related: $85,851
- Other: $10,400
- Compensation: $24,425
- Related: $170,974
- Other: $22,427
- Compensation: $15,856
- Related: $95,132
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- Compensation: $113,896
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- Other: $5,888
- Compensation: $122,832
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- Other: $4,821
Official website here: www.hthf.org
Where can I find the form 990 for Hope Through Housing Foundation?
Hope Through Housing Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hthf.org
Learn more at the official website: www.hthf.org
Mission Statement of Hope Through Housing Foundation
Hope Through Housing Foundation is a national non-profit organization that aims to break the cycle of generational poverty. Their mission is twofold: advocating for policies and implementing programs that empower low-income residents, ultimately transforming lives and communities. They believe in building human capacity as the most effective way to lift people out of poverty and strengthen communities.
To achieve this, Hope Through Housing Foundation provides place-based services, targeting low-income individuals, families, and seniors at 30 to 80 percent of the area median income. Their programs are comprehensive, ranging from on-site preschools and after-school programming to financial education, debt reduction and repair, a pathway to homeownership, senior wellness, and case management. By offering these resources and partnering with highly qualified experts, the foundation aims to help individuals find their own way out of poverty.
Their goal is to direct, leverage, and support community development activities and resources across a variety of partners, resulting in targeted neighborhood transformation around affordable housing sites. Hope Through Housing Foundation works in tandem with National Core's affordable, workforce, and senior housing developments, comprising over 8,000 units across several states. Through these initiatives, Hope Through Housing Foundation is making a significant impact in the lives of many, contributing to stronger communities and a brighter future for all.
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Impact
October, 2024
Hope Through Housing Foundation significantly impacts low-income communities by offering comprehensive social service programs designed to empower residents and facilitate community transformation. By focusing on individuals, families, and seniors earning between 30 to 80 percent of the area median income, the foundation effectively addresses critical gaps in services.
Their on-site programs include preschools, after-school activities, and financial education, which are strategically implemented within over 80 affordable apartment communities across multiple states. By providing tailored support like debt reduction, pathways to homeownership, and senior wellness initiatives, they foster human capacity building.
The core mission is to break the cycle of generational poverty, driving initiatives that not only uplift individuals but also enhance the overall health and prosperity of neighborhoods. By leveraging partnerships and resources, Hope Through Housing actively promotes community development, resulting in targeted transformations around affordable housing sites. Their holistic approach ensures that residents have access to the tools and support needed to navigate their path toward stability and self-sufficiency.
This information is meant to be a general summary of Hope Through Housing Foundation. 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: $16,621
- Program Service Revenue: $2,545,777
- Gross Receipts: $8,379,878
Assets and Liabilities:
- Total Assets: $5,649,377
- Total Liabilities: $647,761
- Net Assets: $5,001,616
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SOCIAL SERVICE INCOME
Revenue
$2,545,777
Organization Details
Founding Year
1998
Phone
(909) 483-2444Principal Officer
Michael Finn
Main Address
9692 HAVEN AVENUE SUITE 100, RANCHO CUCAMONGA, CA, 91730
Website
www.hthf.orgNTEE Category
Code: P20 - Human services
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