Overview
What is Harbor Area Housing?
Harbor Area Housing is a dedicated nonprofit organization situated in Harbor Springs, Michigan. Their primary mission is to cater to the needs of low-income senior adults within their community. They accomplish this goal by facilitating affordable transportation services specifically tailored for this demographic. This assists in ensuring that these individuals maintain their independence and have access to necessary resources. By providing these vital services, Harbor Area Housing is committed to enhancing the quality of life for its senior population.
Official website here: www.pvm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 44%
Harbor Area Housing has received a low rating of 44% from Charity Navigator, resulting in a Zero-Star out of Four Star rating. This score indicates significant concerns regarding the organization's accountability and financial practices. While it excels in governance with a fully independent board and no material diversion of assets, there are critical weaknesses in its policies related to conflict of interest, whistleblowing, and document retention.
The organization boasts a program expense ratio of 56.78%, suggesting that a considerable portion of its budget is directed towards its programs. However, the liabilities to assets ratio is alarmingly high at 964.78%, which raises concerns about the financial health of the organization. Additionally, several required documents, including tax forms and key governance policies, are missing from its website, which further diminishes transparency and accountability.
Overall, while Harbor Area Housing demonstrates strong governance, its significant financial and operational limitations overshadow these strengths. Prospective donors and stakeholders should carefully consider these factors before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Harbor Area Housing legitimate?
Harbor Area Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harbor Area Housing 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.
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Official website here: www.pvm.org
What is the mission statement of Harbor Area Housing?
Harbor Area Housing's mission is centered around serving the needs of low-income senior adults. The organization offers a range of services, with a primary focus on providing affordable transportation options for senior residents in Harbor Springs, Michigan. By doing so, Harbor Area Housing aims to enhance the quality of life for this demographic, ensuring they have the mobility they need to maintain their independence and engage in community activities.
Official website here: www.pvm.org
What is the revenue of Harbor Area Housing?
Harbor Area Housing's revenue in 2024 was $434.
Official website here: www.pvm.org
Who are the executives of Harbor Area Housing and what are their salaries?
The average compensation at Harbor Area Housing during 2024 was $23,425. There 10 volunteers at Harbor Area Housing.
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Official website here: www.pvm.org
Where can I find the form 990 for Harbor Area Housing?
Harbor Area Housing's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.pvm.org
Learn more at the official website: www.pvm.org
Mission Statement of Harbor Area Housing
Harbor Area Housing, a nonprofit organization, is dedicated to serving the needs of low-income senior adults. Their mission is to provide essential services that cater to this specific demographic. One of their key initiatives is offering affordable transportation options for senior adults residing in Harbor Springs, Michigan. This service is designed to enhance their mobility and independence, making daily activities more accessible. By facilitating these transportation services, Harbor Area Housing aims to improve the quality of life for low-income senior adults, enabling them to maintain their independence and community connections.
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Impact
August, 2024
Harbor Area Housing's impact is significant in providing services tailored to the needs of low-income senior adults in Harbor Springs, MI. They offer crucial support through programs such as facilitating low-cost transportation services for seniors in the area. This assistance contributes to enhancing the quality of life for seniors living on fixed incomes, allowing them to access essential services and remain connected to their community. By addressing the specific needs of this demographic, Harbor Area Housing plays a vital role in supporting the well-being and independence of low-income senior adults in the region.
This information is meant to be a general summary of Harbor Area Housing. 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 2024.
- Investment Income: $434
- Program Service Revenue: $3,764
- Gross Receipts: $434
Assets and Liabilities:
- Total Assets: $31,193
- Total Liabilities: $83,739
- Net Assets: -$52,546
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Service Fees
Revenue
$3,764
Organization Details
Founding Year
1975
Principal Officer
Joanne Robinson
Website
www.pvm.orgNTEE Category
Code: L22Z - Housing
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