Overview
What is Indiana House Inc?
Indiana House Inc. is a nonprofit organization based in Columbus, Indiana, with a specific mission to enhance the living conditions of handicapped individuals. Established under Section 811 of the National Affordable Housing Act, they constructed, own, and operate an 8-unit group home named Indiana House. Their primary operation, in collaboration with the Federal Housing Administration (FHA) section of HUD, aims to provide housing facilities and services that cater to the welfare of handicapped individuals. While the organization's detailed mission and significant activities are outlined in Schedule O, it's clear that Indiana House Inc. is dedicated to making a positive impact on the lives of individuals with disabilities through accessible housing.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Stars
Indiana House Inc has demonstrated strong accountability and finance practices, earning a commendable 90% rating, which reflects a Four-Star status. This rating is based entirely on a single beacon score focused on Accountability & Finance, highlighting the organization's commitment to transparency and responsible management of resources.
The organization excels in various areas, with a perfect score for having a majority of independent board members and a well-documented conflict of interest and whistleblower policy. Additionally, the charity shows no material diversion of assets, which signifies that funds are utilized as intended. Their program expense ratio, at 70.31%, indicates a significant portion of expenditures directly supports their programs.
While the rating showcases the organization’s strengths, ongoing monitoring of their financial practices will be essential. The emphasis on accountability and transparency positions Indiana House Inc favorably among donors and stakeholders, contributing to trust and credibility in their operations.
This AI summary has been generated from information found on Charity Navigator.
Is Indiana House Inc legitimate?
Indiana House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indiana House 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: $5,416
For more financial information, click here
What is the mission statement of Indiana House Inc?
Indiana House Inc was established with the purpose of constructing, owning, and operating an 8-unit group home, known as Indiana House, in accordance with Section 811 of the National Affordable Housing Act. The organization has entered into regulatory agreements with the Federal Housing Administration section of HUD, governing the operation of the project. Although the provided information does not detail a specific mission statement, it suggests that Indiana House Inc's primary objective is to provide affordable housing solutions.
Who is the CEO of Indiana House Inc?
Dan Mcneely is the Director of Indiana House Inc.
What is the revenue of Indiana House Inc?
Indiana House Inc's revenue in 2023 was $33,696.
Who are the executives of Indiana House Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Indiana House Inc?
Indiana House Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Indiana House Inc
Indiana House Inc, as an organization, was established with the purpose of constructing, owning, and operating an eight-unit group home in Columbus, Indiana. This endeavor is in accordance with Section 811 of the National Affordable Housing Act, which the corporation has adhered to. Indiana House Inc has entered into standard regulatory agreements with the Federal Housing Administration section of HUD, governing the operation of this project. In essence, the mission of Indiana House Inc revolves around providing affordable housing solutions through the construction and management of group homes, aiming to contribute positively to the housing landscape.
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Impact
August, 2024
Indiana House Inc's impact can be seen in its provision of housing facilities and services for handicapped individuals in Columbus, Indiana. By owning and operating an 8-unit group home, Indiana House Inc is fulfilling its mission to promote the welfare of handicapped persons through affordable housing options. This initiative aligns with Section 811 of the National Affordable Housing Act and is supported by regulatory agreements with the Federal Housing Administration section of HUD. Overall, Indiana House Inc's work contributes to enhancing the quality of life and living conditions for the handicapped community in the region.
This information is meant to be a general summary of Indiana House 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 2023.
- Investment Income: $1
- Program Service Revenue: $8,449
- Gross Receipts: $33,696
Assets and Liabilities:
- Total Assets: $148,563
- Total Liabilities: $17,049
- Net Assets: $131,514
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$8,449
Organization Details
Founding Year
1995
Phone
(812) 314-3420Principal Officer
Dan Mcneely
Main Address
720 N MARR ROAD, COLUMBUS, IN, 47201
NTEE Category
Code: L20Z - Housing
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