Overview
What is Project Home Inc?
Project Home Inc, based in Madison, Wisconsin, is a dedicated nonprofit organization that strives to improve housing opportunities for individuals of lower or moderate income in Dane and Green counties. They accomplish this mission by entering into contracts with the state of Wisconsin and utility companies, offering weatherization services. Their primary focus in 2022 included providing 228 weatherization, 134 emergency furnace, and 18 emergency water heater repairs and replacements to help maintain energy efficiency and comfort in homes. Overall, Project Home Inc is committed to enhancing the quality and affordability of housing for their community.
Official website here: www.projecthomewi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Project Home Inc has achieved a remarkable 96% rating from Charity Navigator, reflecting its strong commitment to accountability and finance. This score is particularly significant as it is derived exclusively from the Accountability & Finance beacon, indicating a robust financial management approach. The organization has demonstrated excellence in various areas, such as having a fully independent board and maintaining proper oversight through an audit and oversight committee.
The nonprofit excels in transparency and governance, with policies in place for conflict of interest, whistleblower protection, and document retention. Their financial health is evident with a low liabilities-to-assets ratio, showcasing stability, and an impressive program expense ratio of nearly 90%, indicating that a large portion of its resources directly supports its mission.
However, while the financial metrics are strong, further insights into the outcomes and impact of their programs would provide a more comprehensive view of the organization’s overall effectiveness. Nonetheless, Project Home Inc's high rating reflects its responsible stewardship of donor funds and commitment to ethical practices.
This AI summary has been generated from information found on Charity Navigator.
Is Project Home Inc legitimate?
Project Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project Home 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: $177,246
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,298,861
For more financial information, click here
Official website here: www.projecthomewi.org
What is the mission statement of Project Home Inc?
Project Home Inc's mission is centered around enhancing housing opportunities for individuals with lower or moderate income residing in Dane and Green Counties. Their primary objective is to improve the quality and affordability of housing within these areas. The organization undertakes various initiatives, such as collaborating with the state of Wisconsin and utility companies to provide weatherization services to low-income homeowners and tenants. In 2022, Project Home offered 228 weatherization, 134 emergency furnace, and 18 emergency water heater repairs and replacements, demonstrating their commitment to improving living conditions for their target demographic.
Official website here: www.projecthomewi.org
Who is the CEO of Project Home Inc?
Denise Matyka is the Finance Manager of Project Home Inc.
Official website here: www.projecthomewi.org
What is the revenue of Project Home Inc?
Project Home Inc's revenue in 2022 was $4,319,742.
Official website here: www.projecthomewi.org
Who are the executives of Project Home Inc and what are their salaries?
The average compensation at Project Home Inc during 2022 was $38,845. There are 38 employees and 17 volunteers at Project Home Inc.
Here are 10 key members and their salaries:
- Compensation: $89,597
- Related: $0
- Other: $7,900
- Compensation: $76,980
- Related: $0
- Other: $2,769
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.projecthomewi.org
Where can I find the form 990 for Project Home Inc?
Project Home Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.projecthomewi.org
Learn more at the official website: www.projecthomewi.org
Mission Statement of Project Home Inc
Project Home Inc, a nonprofit organization, is dedicated to enhancing the housing opportunities for individuals with lower or moderate income residing in Dane and Green Counties. Their primary mission is to improve the quality and affordability of housing for this demographic, ensuring that they can secure and maintain suitable living conditions.
To achieve this mission, Project Home Inc implements various services. One of their key initiatives involves partnering with the state of Wisconsin and utility companies to provide weatherization services to eligible low-income homeowners and tenants in both counties. During 2022, they successfully completed 228 weatherization projects, 134 emergency furnace repairs, and 18 emergency water heater replacements, thereby significantly improving the energy efficiency and comfort of these homes.
By focusing on energy conservation, Project Home Inc is able to help its beneficiaries save money on their utility bills, thus making housing more affordable. This nonprofit organization's mission is driven by a commitment to empowering individuals and families, enabling them to secure stable and affordable housing, thereby improving their overall quality of life.
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Impact
July, 2024
Project Home Inc provides critical housing services to individuals in Dane and Green counties who are of lower or moderate income. Through its weatherization services, the organization ensures that low-income homeowners and tenants have access to energy-efficient housing, helping them save on utility costs and improve their living conditions. In 2022 alone, Project Home completed 228 weatherization projects, 134 emergency furnace repairs, and 18 emergency water heater repairs and replacements, directly impacting the lives of many individuals in need. This organization's work is instrumental in improving the quality and affordability of housing for low to moderate-income residents in Dane and Green counties, Wisconsin.
This information is meant to be a general summary of Project Home 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: $12,715
- Program Service Revenue: $239,516
- Gross Receipts: $4,319,742
Assets and Liabilities:
- Total Assets: $5,068,798
- Total Liabilities: $2,402,025
- Net Assets: $2,666,773
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOME REPAIRS
Revenue
$233,966
WEATHERIZATION
Revenue
$5,550
Organization Details
Founding Year
1970
Phone
(608) 246-3737Principal Officer
Denise Matyka
Main Address
3841 KIPP STREET, MADISON, WI, 537186878
Website
www.projecthomewi.orgNTEE Category
Code: L82Z - Housing
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