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Housing Helpers Inc

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

EIN: 363762412 ✦ Maywood, IL ✦ Designated as a 501(c)(3)

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Overview

What is Housing Helpers Inc?

Housing Helpers Inc, a nonprofit organization situated in Maywood, Illinois, specializes in revitalizing foreclosed homes to provide affordable housing options for low to moderate income families. Their primary mission is centered around transforming distressed properties, contributing to the community by offering suitable living spaces for those with limited financial resources. The organization's activities are focused on this endeavor, ensuring that affordable housing remains accessible.


Official website here: www.housinghelpersinc.org

What are the reviews and ratings of this charity?

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

Housing Helpers Inc has received a high score of 96%, reflecting a strong commitment to accountability and financial transparency. The organization has excelled in key areas, achieving full marks for the independence of its board members and the management of its financial statements. The absence of any material diversion of assets and the presence of comprehensive policies for conflict of interest and whistleblowing further underscore its commitment to ethical operations.

With 98.17% of its expenses directed towards programs, Housing Helpers Inc demonstrates effective use of resources, indicating a solid focus on its mission. The organization is well-governed, with an independent board and appropriate oversight mechanisms in place. The financial health of the nonprofit, as indicated by a liabilities to assets ratio of 49.39%, suggests a balanced approach to managing finances.

While the ratings are impressive, potential donors should consider that the score is based solely on accountability and finance, without insight into other operational aspects such as program effectiveness or community impact. However, the available data presents a strong case for Housing Helpers Inc as a reliable and responsible nonprofit organization.


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

Is Housing Helpers Inc legitimate?

Housing Helpers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Helpers 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: $25,962
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.housinghelpersinc.org

What is the mission statement of Housing Helpers Inc?

Housing Helpers Inc is committed to redeveloping foreclosed homes and transforming them into affordable housing options for families with moderate to low incomes. Their mission is centered around providing suitable living spaces for these families, contributing to the betterment of their living conditions. By taking on the task of redeveloping foreclosed properties, Housing Helpers Inc aims to make affordable housing more readily available, thereby addressing the housing needs of those who may otherwise struggle to secure affordable housing options.


Official website here: www.housinghelpersinc.org

Who is the CEO of Housing Helpers Inc?

Wayne Beals is the Executive Director of Housing Helpers Inc.


Official website here: www.housinghelpersinc.org

What is the revenue of Housing Helpers Inc?

Housing Helpers Inc's revenue in 2021 was $645,871.


Official website here: www.housinghelpersinc.org

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


Here are 5 key members and their salaries:


Sarah Lira (Executive Director)
  • Compensation: $25,962
  • Related: $0
  • Other: $0
Beth Como (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Beals (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerry Goodlow (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Gates (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.housinghelpersinc.org

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

Housing Helpers Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.housinghelpersinc.org

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

Mission Statement of Housing Helpers Inc

Housing Helpers Inc, a non-profit organization, is dedicated to revitalizing foreclosed properties and transforming them into affordable housing options for families with moderate to low income. The organization's mission is centered around this core activity, which aims to provide suitable living spaces for those who might otherwise struggle to secure affordable housing. By redeveloping foreclosed homes, Housing Helpers Inc contributes to making housing more accessible and affordable, thereby improving the living conditions for many families.

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Impact




July, 2024

Housing Helpers Inc has a significant impact on the community by redeveloping foreclosed homes into affordable housing for low to moderate income families. Through this initiative, the organization is addressing the critical issue of housing affordability and providing much-needed support to families in need. This work not only helps individuals and families secure stable housing but also contributes to revitalizing neighborhoods and creating a more inclusive and supportive community. By focusing on this important aspect of social welfare, Housing Helpers Inc is making a tangible difference in the lives of those they serve.




This information is meant to be a general summary of Housing Helpers 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
$645,871 (2021)
Expenses
$473,810 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $234,000
  • Gross Receipts: $645,871

Assets and Liabilities:

  • Total Assets: $708,899
  • Total Liabilities: $451,463
  • Net Assets: $257,436

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Programs

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

PROGRAM REVENUE

Revenue

$234,000

Organization Details

Founding Year

1990

Principal Officer

Wayne Beals

Main Address

602 N 3RD AVE, MAYWOOD, IL, 601531118

NTEE Category

Code: L80Z - Housing

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