Overview
What is Housing For Hope?
Housing For Hope is a nonprofit organization dedicated to supporting low to moderate income housing needs in the cities of Warsaw, Winona Lake, Pierceton, and Claypool, Indiana. Their primary mission is to execute or facilitate various housing programs with the aim of improving access to affordable housing in these areas. Their initiatives encompass a wide range of services, including the development and management of housing projects.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star Rating
Housing For Hope has received an overall score of 87%, reflecting strong performance in Accountability & Finance, which accounts for the entire rating. This score indicates that the organization adheres to high standards of financial management and transparency, which is crucial for donor trust and sustainability.
One of the organization's key strengths is its fully independent board, consisting of ten members, which contributes positively to governance and decision-making processes. Additionally, there are no noted material diversions of assets, and the presence of comprehensive conflict of interest and document retention policies reinforces its commitment to ethical practices.
While the organization performs well financially, with a program expense ratio of 94.42%, suggesting that a significant portion of its resources is allocated to its programs, potential donors may still consider the lack of additional metrics such as impact measures. However, the strong accountability practices highlighted in the review provide a solid foundation for contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Housing For Hope legitimate?
Housing For Hope is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing For Hope 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: $8,308
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What is the mission statement of Housing For Hope?
Housing For Hope is dedicated to executing or aiding in the execution of affordable housing programs for low to moderate income individuals in various cities. Their mission revolves around housing initiatives, aiming to make a significant impact in these communities. The organization's primary focus is on the cities of Warsaw, Winona Lake, Pierceton, and Claypool, Indiana, but their commitment to housing programs extends beyond these locations.
Who is the CEO of Housing For Hope?
Jay M Baumgartner is the Chairperson of Housing For Hope.
What is the revenue of Housing For Hope?
Housing For Hope's revenue in 2023 was $40,273.
Who are the executives of Housing For Hope and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Housing For Hope?
Housing For Hope's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Housing For Hope
Housing For Hope is dedicated to executing or facilitating low to moderate income housing programs in the cities of Warsaw, Winona Lake, Pierceton, and Claypool, Indiana. The organization's primary objective is centered around housing initiatives, aiming to make a significant impact in these communities. By carrying out or supporting these programs, Housing For Hope strives to contribute to the improvement of housing conditions for individuals and families with moderate income levels.
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Impact
August, 2024
Housing For Hope's impact is significant in providing low to moderate-income housing programs for the cities of Warsaw, Winona Lake, Pierceton, and Claypool in Indiana. Through their mission-focused initiatives, they have successfully contributed to addressing housing challenges faced by individuals and families in need within these communities. By focusing on housing programs, Housing For Hope plays a crucial role in ensuring that individuals have access to safe and affordable housing options, ultimately improving the quality of life for many residents in these areas.
This information is meant to be a general summary of Housing For Hope. 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: $20
- Program Service Revenue: $15,833
- Gross Receipts: $40,273
Assets and Liabilities:
- Total Assets: $94,331
- Total Liabilities: $34,363
- Net Assets: $59,968
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MISCELLANEOUS REVENUE
Revenue
$32
RENTAL INCOME
Revenue
$15,801
Organization Details
Founding Year
1998
Phone
(574) 267-7169Principal Officer
Jay M Baumgartner
Main Address
2621 E JEFFERSON ST PO BOX 497, WARSAW, IN, 46581
NTEE Category
Code: L80 - Housing
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