Overview
What is Housing Resources Inc?
Housing Resources Inc, based in Kalamazoo, Michigan, is the leading housing agency in the county dedicated to addressing housing-related issues through a range of services. They provide information and referrals, crisis intervention, shelter diversion, and prevention activities for individuals and households facing eviction, condemnation, or similar housing crises. The organization extends its reach by offering permanent supportive housing assistance, including ongoing rental subsidies and housing case management and support services, to socially and economically vulnerable residents. Their mission is to ensure affordable housing for the most vulnerable members of the community. With a workforce of 65 employees, Housing Resources Inc is an essential resource in helping residents of Kalamazoo County maintain stable housing situations.
Official website here: www.housingresourcesinc.org
What are the reviews and ratings of this charity?
95% rating from Charity Navigator
Housing Resources Inc has earned a Four-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With an impressive accountability score of 96%, the organization demonstrates effective financial management and transparency, evidenced by its independent board structure and adherence to ethical policies.
The nonprofit ranks highly in program expense ratio, allocating 98.23% of its resources directly to its mission. This suggests a strong commitment to delivering value through its services. The organization also excels in leadership and adaptability, scoring a perfect 100 in this area, which indicates a robust capacity for strategic growth and responsiveness to community needs.
However, while the culture and community score stands at 83, indicating a solid focus on inclusivity, there is room for improvement in this area. The organization has acknowledged the need to establish and implement a comprehensive Diversity, Equity, and Inclusion plan, highlighting its commitment to evolving in alignment with the community it serves. Overall, Housing Resources Inc shows a strong foundation and a clear vision for future growth.
This AI summary has been generated from information found on Charity Navigator.
Is Housing Resources Inc legitimate?
Housing Resources Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Resources 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: $106,249
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,203,036
For more financial information, click here
Official website here: www.housingresourcesinc.org
What is the mission statement of Housing Resources Inc?
Housing Resources Inc is dedicated to ensuring housing stability for socially and economically vulnerable residents. As the primary housing agency for coordinated intake and assessment in Kalamazoo County, they offer vital services to individuals facing housing issues such as eviction or condemnation. Their activities include providing information and referral, crisis intervention, shelter diversion, and homeless prevention. For individuals with disabling conditions, Housing Resources Inc offers permanent supportive housing assistance, securing and retaining affordable housing with ongoing rental subsidies, and housing case management and support services.
Official website here: www.housingresourcesinc.org
Who is the CEO of Housing Resources Inc?
Karen Barnes is the Director of Housing Resources Inc.
Official website here: www.housingresourcesinc.org
What is the revenue of Housing Resources Inc?
Housing Resources Inc's revenue in 2022 was $25,943,577.
Official website here: www.housingresourcesinc.org
Who are the executives of Housing Resources Inc and what are their salaries?
The average compensation at Housing Resources Inc during 2022 was $20,143. There are 65 employees and 145 volunteers at Housing Resources Inc.
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- Compensation: $90,922
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- Other: $15,328
Official website here: www.housingresourcesinc.org
Where can I find the form 990 for Housing Resources Inc?
Housing Resources Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.housingresourcesinc.org
Learn more at the official website: www.housingresourcesinc.org
Mission Statement of Housing Resources Inc
Housing Resources Inc, a leading housing agency in Kalamazoo County, is dedicated to ensuring housing stability for socially and economically vulnerable residents. The organization's mission is to provide essential services and resources to individuals and families facing housing issues, including but not limited to eviction or condemnation.
To achieve this mission, Housing Resources Inc offers a range of programs designed to prevent homelessness and secure affordable housing. Their housing stabilization program provides critical information and referrals, crisis intervention, shelter diversion, and homeless prevention activities. The team at Housing Resources Inc assists people in need with ongoing rental subsidies and housing case management and support services. Moreover, Housing Resources Inc offers permanent supportive housing assistance to households with disabling conditions to help them secure and retain affordable housing.
In summary, Housing Resources Inc plays a vital role in the Kalamazoo County community by providing crucial resources and services to socially and economically vulnerable residents facing housing instability. Their comprehensive approach to housing assistance includes prevention, emergency intervention, and ongoing support, empowering individuals and families to maintain stable, affordable housing and improve their overall quality of life.
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Impact
October, 2024
Housing Resources Inc significantly impacts Kalamazoo County by providing essential support to socially and economically vulnerable residents facing housing challenges. Their Housing Stabilization Program serves as a lifeline for individuals and families who are on the brink of eviction, ensuring access to crucial resources and options to avert homelessness.
As the lead housing agency in the county, Housing Resources Inc coordinates intake and assessment to effectively address housing crises through information and referral services, crisis intervention, and shelter diversion strategies. Their commitment to preventing homelessness includes not only immediate assistance but also ongoing support for households with disabling conditions, ensuring they can secure and maintain affordable housing.
By offering permanent supportive housing assistance alongside rental subsidies and comprehensive case management, Housing Resources Inc empowers residents to achieve stability and self-sufficiency. Their holistic approach addresses not just the immediate needs of those in crisis but also fosters long-term housing security, significantly improving the quality of life for many in the community.
This information is meant to be a general summary of Housing Resources 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 2022.
- Investment Income: -$133,599
- Program Service Revenue: $140,153
- Gross Receipts: $26,390,203
Assets and Liabilities:
- Total Assets: $10,872,162
- Total Liabilities: $3,631,696
- Net Assets: $7,240,466
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTNERSHIP MANAGEMENT FEES
Revenue
$140,153
Organization Details
Founding Year
1982
Phone
(269) 382-0287Principal Officer
Karen Barnes
Main Address
420 E ALCOTT 200, KALAMAZOO, MI, 49001
Website
www.housingresourcesinc.orgNTEE Category
Code: L80 - Housing
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