Overview
What is Housing Resources Inc?
Housing Resources Inc, located in Milwaukee, Wisconsin, serves as a dedicated nonprofit organization aimed at supporting, educating, and advocating for individuals in Milwaukee, Racine, and Waukesha who aspire to become homeowners. With a mission to prepare people for successful home ownership, Housing Resources Inc provides valuable resources and assistance both before and after home purchases, ensuring the continued success of its clients. The organization employs a team of 36 individuals, all committed to their cause.
Official website here: www.hri-wi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating) from Charity Navigator.
Housing Resources Inc has earned a Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial management. The organization scores exceptionally well in the Accountability & Finance category, receiving a perfect score in all evaluated areas. This rating indicates that donors can trust the charity to use their contributions effectively and transparently.
The charity's governance is particularly strong, as it maintains a fully independent board of directors and adheres to best practices in financial oversight. Key policies, such as conflict of interest and whistleblower protection, are in place, which further enhances the organization's credibility. Additionally, the low liabilities to assets ratio alongside a high program expense ratio suggests that a significant portion of funds is directed toward its core mission rather than administrative costs.
While the data does not highlight any specific limitations, the strong performance across all metrics suggests that Housing Resources Inc is a reliable choice for donors looking to support housing initiatives. Overall, the organization's commitment to transparency and effective financial management positions it well within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Housing Resources Inc?
84% of the 32 reviewers on Facebook recommend Housing Resources Inc. Here is a summary of their reviews:
A significant portion of the users appreciate the organization’s mission and the support it aims to provide in securing housing. Many express optimism about the potential to find help through the nonprofit, highlighting the need for such services in the community. However, there are also comments that indicate individuals are seeking further assistance and clarification on how to engage with the services offered, as seen in requests for direct help finding a home.
Overall, while many recognize the value of Housing Resources Inc. and its positive intent, there's a clear indication that potential clients are looking for more accessible guidance and support in navigating their housing challenges.
This AI summary has been generated from reviews found on Facebook.
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: $158,780
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,421,450
For more financial information, click here
Official website here: www.hri-wi.org
What is the mission statement of Housing Resources Inc?
Housing Resources Inc, as an organization, is committed to helping individuals achieve successful home ownership. Their mission is to provide support, education, and advocacy to anyone who wishes to become a homeowner, both before and after the purchase, ensuring their continued success. This is accomplished through various means, including offering resources and guidance throughout the homeownership process.
Official website here: www.hri-wi.org
What is the revenue of Housing Resources Inc?
Housing Resources Inc's revenue in 2023 was $2,845,243.
Official website here: www.hri-wi.org
Who are the executives of Housing Resources Inc and what are their salaries?
The average compensation at Housing Resources Inc during 2023 was $45,149. There are 35 employees and 37 volunteers at Housing Resources Inc.
Here are 9 key members and their salaries:
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- Compensation: $139,809
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- Other: $18,971
Official website here: www.hri-wi.org
Where can I find the form 990 for Housing Resources Inc?
Housing Resources Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hri-wi.org
Learn more at the official website: www.hri-wi.org
Mission Statement of Housing Resources Inc
Housing Resources Inc, a nonprofit organization, is committed to preparing individuals in Milwaukee, Racine, and Waukesha for successful home ownership. The mission of Housing Resources Inc is to offer support, education, and advocacy to anyone who aspires to become a homeowner. Once these individuals have successfully purchased homes, Housing Resources Inc continues to assist them to ensure their continued success. In essence, the organization aims to empower individuals to navigate the home ownership process and thrive in their new homes.
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Impact
July, 2024
Housing Resources Inc prepares individuals for successful homeownership by providing support, education, and advocacy in Milwaukee, Racine, and Waukesha. Their mission is to empower individuals in these communities to become homeowners and support them in maintaining successful homeownership. Through their efforts, Housing Resources Inc plays a crucial role in addressing housing needs and fostering stability in the region.
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 2023.
- Investment Income: $2,202
- Program Service Revenue: $205,566
- Gross Receipts: $2,890,633
Assets and Liabilities:
- Total Assets: $2,005,893
- Total Liabilities: $646,833
- Net Assets: $1,359,060
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WORKSHOP FEES
Revenue
$63,557
DOWN PAYMENT PLUS FEES
Revenue
$55,250
HOUSING COST REDUCTION
Revenue
$49,400
CREDIT REPORT FEES
Revenue
$23,896
ONLINE EDUCATION
Revenue
$10,648
Organization Details
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