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Extended Housing Inc

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

EIN: 341400918 ✦ Painesville, OH ✦ Designated as a 501(c)(3)

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Overview

What is Extended Housing Inc?

Extended Housing Inc. is a 501(c)(3) nonprofit organization situated in Painesville, Ohio. Their mission is to combat and eradicate homelessness among individuals with serious mental illness in Lake County. Governed by a board of directors, the organization receives funding and support from the Lake County Alcohol, Drug Addiction, and Mental Health Services (ADAMHS) Board and is certified by the Ohio Mental Health and Addiction Services. Extended Housing Inc. employs 21 individuals and offers Continuum of Care programs, which provide rental assistance for homeless individuals with disabilities in conjunction with supportive services. Their funding comes from the U.S. Department of Housing and Urban Development. The organization's vision is to create a world where all individuals with serious mental illness can live as independently as possible and have access to safe, decent, and affordable housing options. They prioritize human dignity, respect, compassion, and community integration for all individuals, regardless of their abilities or potential for growth.


Official website here: www.extendedhousing.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 96%, Four-Star out of Four Star rating.

Extended Housing Inc has achieved an impressive score of 96%, reflecting a strong commitment to accountability and financial health. This high rating is based entirely on their Accountability & Finance score, indicating that the organization is well-managed and transparent in its operations. The charity has a fully independent board, which is essential for maintaining objectivity and integrity in governance.

The organization excels in financial oversight, with a robust audit and oversight committee, and there are no significant issues regarding material diversion of assets. Their financial ratios, including a program expense ratio of 82.1%, demonstrate that a substantial portion of their funding is directed towards their programs, ensuring that resources are effectively utilized for their mission.

While the data indicates a strong performance in governance and financial management, there are no specific limitations noted in the feedback. Overall, Extended Housing Inc stands out as a reputable nonprofit dedicated to its cause, backed by solid fiscal practices and accountability measures.


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

Is Extended Housing Inc legitimate?

Extended Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Extended Housing 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: $164,025
Professional Fundraising Fees: $0
Other Salaries and Wages: $589,156

For more financial information, click here


Official website here: www.extendedhousing.org

What is the mission statement of Extended Housing Inc?

Extended Housing Inc, as a 501(c)(3) nonprofit organization, aims to prevent and end homelessness for individuals with severe mental illness in an unspecified location. Guided by a board of directors, the mission of Extended Housing Inc is to offer support for these individuals to live as independently as possible. This is accomplished by creating, developing, and sustaining safe and affordable housing options. The organization is certified by the Ohio Mental Health and Addiction Services and receives funding from the local Alcohol, Drug Addiction, and Mental Health Services (ADAMHS) board. Their vision is a world where individuals with severe mental illness can live independently and have access to a suitable living environment. The organization values the intrinsic dignity of all individuals, regardless of ability, income, or potential for growth, and supports their right to choose their housing. They emphasize sincerity, integrity, diversity, and excellence in all their endeavors.


Official website here: www.extendedhousing.org

Who is the CEO of Extended Housing Inc?

Karen Mcleod is the Executive Director of Extended Housing Inc.


Official website here: www.extendedhousing.org

What is the revenue of Extended Housing Inc?

Extended Housing Inc's revenue in 2022 was $2,943,384.


Official website here: www.extendedhousing.org

Who are the executives of Extended Housing Inc and what are their salaries?

The average compensation at Extended Housing Inc during 2022 was $35,866. There are 21 employees and 46 volunteers at Extended Housing Inc.


Here are 13 key members and their salaries:


Karen Mcleod (Executive Director)
  • Compensation: $82,950
  • Related: $0
  • Other: $6,000
Tiffany Johnson (Dir Of Business & Finance)
  • Compensation: $69,075
  • Related: $0
  • Other: $6,000
Ross Mcdonald (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Church (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wesley Tyler (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Hill (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcia Karsmarcik (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Pappas (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Delamotte (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Bileci-Cocca (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Weaver (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beverly Azre (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Eklund (Member, Eff. 1/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.extendedhousing.org

Where can I find the form 990 for Extended Housing Inc?

Extended Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.extendedhousing.org

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

Mission Statement of Extended Housing Inc

Extended Housing Inc, a 501(c)(3) organization, is committed to a noble mission. Their primary goal is to prevent and eradicate homelessness for individuals living with severe mental illness in any community. Governed by a board of directors, Extended Housing Inc is certified by the Ohio Mental Health and Addiction Services and receives funding and support from the Lake County Alcohol, Drug Addiction, and Mental Health Services (ADAMHS) Board.

The organization's mission is to provide a world where individuals with serious mental illness can live as independently as possible. They believe in the inherent dignity of every person, regardless of their ability, income, or potential for growth. Extended Housing Inc recognizes and supports the individual's right to choose their housing and values sincerity, integrity, diversity, and excellence in their endeavors. With this vision in mind, they work tirelessly to create, develop, and sustain safe and affordable housing options for those in need, ensuring they have a supportive place to live.

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Impact




October, 2024

Extended Housing Inc plays a crucial role in empowering individuals with severe and persistent mental illness, helping them achieve independent living through safe and affordable housing options. By offering a continuum of care, the organization provides essential rental assistance to some of the most vulnerable populations, particularly those who are hard to serve and experiencing homelessness.

In the past year, Extended Housing Inc supported 93 households, facilitating a total of 832 months of rental assistance. This significant impact not only provides immediate relief in securing stable living conditions but also lays the groundwork for individuals to thrive personally and within their communities. The services are connected to supportive programs funded through external sources, ensuring a comprehensive approach to addressing not just housing needs, but overall well-being.

Located in Painesville, Ohio, the organization is dedicated to the mission of preventing and ending homelessness for individuals with serious mental illnesses in Lake County. By creating a supportive environment that respects individual choice and fosters autonomy, Extended Housing Inc champions the belief that everyone deserves dignity and a place to call home. The value placed on diversity, integrity, and community integration enriches the lives of those served, promoting a more inclusive society.

Through its work, Extended Housing Inc not only alleviates immediate housing crises but also strives to create long-lasting change, ensuring that individuals with mental illness can live fulfilling, independent lives.




This information is meant to be a general summary of Extended Housing 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
$2,943,384 (2022)
Expenses
$2,980,973 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $278
  • Program Service Revenue: $520,659
  • Gross Receipts: $2,957,358

Assets and Liabilities:

  • Total Assets: $5,069,333
  • Total Liabilities: $1,598,633
  • Net Assets: $3,470,700

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL REVENUE

Revenue

$520,659

Organization Details

Founding Year

1983

Principal Officer

Karen Mcleod

Main Address

270 E Main Street Suite 300, Painesville, OH, 44077

NTEE Category

Code: P73Z - Human services

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