Overview
What is Interfaith Housing Foundation Of Wisconsin & Upper Michigan Inc?
The Interfaith Housing Foundation of Wisconsin & Upper Michigan Inc is a nonprofit organization committed to providing housing solutions for individuals with low income, with a particular focus on the elderly. Their mission encompasses accommodating both the elderly and other low-income individuals, ensuring they have access to suitable housing. The organization's primary activity is centered around providing housing for this demographic, ensuring they can maintain safe and secure living environments within their means.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
The Interfaith Housing Foundation of Wisconsin & Upper Michigan Inc has received a Two-Star rating from Charity Navigator, with a score of 73%. This rating reflects the organization's performance in the Accountability & Finance category, indicating a decent level of financial health and transparency. It is important for potential donors to consider this rating as a measure of the nonprofit's operational efficacy.
The organization showcases several strengths, including having a fully independent board with all 10 members meeting the independence criteria. Additionally, the foundation has demonstrated sound financial management, with a low liabilities to assets ratio of 3.86% and a high program expense ratio of 87.32%. These factors suggest that the majority of their expenses are directed toward their programs rather than administrative costs.
However, the overall rating still leaves room for improvement, as it is based solely on the Accountability & Finance metrics and lacks additional evaluations in other performance areas. Prospective supporters may want to consider these aspects along with the financial indicators when deciding to engage with the nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Interfaith Housing Foundation Of Wisconsin & Upper Michigan Inc legitimate?
Interfaith Housing Foundation Of Wisconsin & Upper Michigan Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Interfaith Housing Foundation Of Wisconsin & Upper Michigan 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $54,452
For more financial information, click here
What is the mission statement of Interfaith Housing Foundation Of Wisconsin & Upper Michigan Inc?
The Interfaith Housing Foundation of Wisconsin & Upper Michigan Inc is committed to providing housing for individuals who fall into the category of very low income elderly persons. Their mission is multifaceted, encompassing the provision of housing for individuals with limited financial resources, beyond just the elderly population. This organization strives to ensure that everyone in need has a place to call home, providing a fundamental necessity that promotes stability and well-being.
What is the revenue of Interfaith Housing Foundation Of Wisconsin & Upper Michigan Inc?
Interfaith Housing Foundation Of Wisconsin & Upper Michigan Inc's revenue in 2024 was $171,023.
Who are the executives of Interfaith Housing Foundation Of Wisconsin & Upper Michigan Inc and what are their salaries?
There 10 volunteers at Interfaith Housing Foundation Of Wisconsin & Upper Michigan Inc.
Here are 10 key members and their salaries:
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Where can I find the form 990 for Interfaith Housing Foundation Of Wisconsin & Upper Michigan Inc?
Interfaith Housing Foundation Of Wisconsin & Upper Michigan Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Interfaith Housing Foundation Of Wisconsin & Upper Michigan Inc
The Interfaith Housing Foundation of Wisconsin & Upper Michigan Inc is committed to providing housing for individuals who fall into the category of very low income elderly persons. This nonprofit organization's mission is multifaceted, aiming not only at providing housing but also catering to the needs of those in this income bracket. The Foundation's primary goal is to ensure that elderly persons with limited financial resources have access to suitable living arrangements. By doing so, it aims to contribute to their overall well-being and improve their quality of life. The organization is dedicated to its mission, repeatedly stating its purpose as providing housing to very low income elderly persons.
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Impact
October, 2024
Interfaith Housing Foundation of Wisconsin & Upper Michigan Inc significantly impacts the lives of very low-income elderly individuals by providing access to safe and affordable housing. This organization focuses on alleviating housing insecurity among vulnerable populations, ensuring that elderly persons have a stable place to live.
In Poynette, Wisconsin, and its surrounding areas, it plays a crucial role in addressing the needs of those struggling to find suitable accommodation. By offering housing solutions, the foundation not only improves the quality of life for its residents but also fosters a sense of community and belonging among those it serves. This impact extends beyond mere shelter; it enhances the overall well-being of elderly individuals by providing them with a stable environment, thereby fostering dignity and independence in their later years.
This information is meant to be a general summary of Interfaith Housing Foundation Of Wisconsin & Upper Michigan 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 2024.
- Investment Income: $1,737
- Program Service Revenue: $169,286
- Gross Receipts: $171,023
Assets and Liabilities:
- Total Assets: $517,274
- Total Liabilities: $14,774
- Net Assets: $502,500
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT FROM TENANTS
Revenue
$111,957
HUD RENTAL ASSISTANCE
Revenue
$55,753
LAUNDRY RECEIPTS
Revenue
$1,576
Organization Details
Founding Year
1969
Principal Officer
Rodney Tapp
NTEE Category
Code: L22 - Housing
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