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Harvest Homes Inc

Kewanna Village Apartments

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

EIN: 351880934 ✦ Marion, IN ✦ Designated as a 501(c)(3)

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Overview

What is Harvest Homes Inc?

Harvest Homes Inc, based in Marion, Indiana, is a nonprofit organization that focuses on providing affordable housing to individuals residing in rural areas. They operate under a grant from the U.S. Department of Agriculture, and their primary activity, as per their mission, is to offer affordable housing solutions. Their work is carried out under the name Kewanna Village Apartments.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 63% (Two-Star out of Four Star rating)

Harvest Homes Inc has received a score of 63% from Charity Navigator, indicating a need for improvement in several areas of accountability and finance. While the organization has a fully independent board with members showing strong commitment, certain structural weaknesses were noted, such as the absence of independent board size metrics and inadequate policies regarding conflicts of interest and whistleblower protections.

The nonprofit demonstrates effective management of assets, highlighted by a perfect score in the material diversion of assets and liabilities to assets ratio. However, the lack of transparency is concerning; the organization's website does not prominently feature necessary documents like tax forms and board meeting minutes, which can hinder public trust and accountability.

Overall, while Harvest Homes Inc has strengths in board independence and financial management, the lack of essential governance policies and transparency measures suggests that potential donors and stakeholders should approach with caution and seek further information before engaging with the organization.


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

Is Harvest Homes Inc legitimate?

Harvest Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harvest Homes 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 Harvest Homes Inc?

Harvest Homes Inc, as stated in its mission, is committed to providing affordable housing for individuals residing in rural areas. This commitment is facilitated through a grant from the U.S. Department of Agriculture. The organization's primary objective is to make housing more accessible and affordable, thereby contributing to the well-being of the community it serves. Harvest Homes Inc, operating under the name Kewanna Village, also provides additional financial assistance to homebuyers in this endeavor.

Who is the CEO of Harvest Homes Inc?

Unavailable

What is the revenue of Harvest Homes Inc?

Harvest Homes Inc's revenue in 2022 was $64,066.

Who are the executives of Harvest Homes Inc and what are their salaries?


Here are 4 key members and their salaries:


Steve Walters (Presidentdirector)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Walters (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitchell L Walters (Vice President Secretary Trea)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justus Property Management (Contractor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Harvest Homes Inc?

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

Mission Statement of Harvest Homes Inc

Harvest Homes Inc, as a nonprofit organization, is dedicated to providing affordable housing for individuals residing in rural areas. This mission is made possible through a grant obtained from the U.S. Department of Agriculture. Under this grant, Harvest Homes Inc operates as Kewanna Village, providing essential housing solutions to those in need. In addition to the financial assistance from the grant, the organization also provides an extra cash payment to the property purchasers, further enhancing the affordability of the housing options. By focusing on rural areas, Harvest Homes Inc is committed to addressing the unique housing challenges faced by these communities, thereby contributing to a more equitable living standard for its residents.

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Impact




August, 2024

Harvest Homes Inc's impact lies in providing affordable housing to individuals living in rural areas through a grant from the U.S. Department of Agriculture. By offering this vital service, they contribute to addressing the housing needs of underserved populations, helping to improve the quality of life for those in rural communities. This support enables individuals and families to access safe and stable housing, promoting economic stability and community development in the areas they serve.




This information is meant to be a general summary of Harvest Homes 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
$64,066 (2022)
Expenses
$20,647 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $32
  • Program Service Revenue: $64,034
  • Gross Receipts: $64,066

Assets and Liabilities:

  • Total Assets: $392,206
  • Total Liabilities: $0
  • Net Assets: $392,206

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Programs

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

DIST OF PROFITS LCS

Revenue

$64,034

Organization Details

Founding Year

1992

Main Address

P O BOX 617, MARION, IN, 46952

NTEE Category

Code: L21 - Housing

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