Overview
What is Home And Community Options Inc?
Home and Community Options Inc is a nonprofit organization based in Winona, Minnesota. Their primary mission is to offer housing and care options for individuals with developmental disabilities, enabling them to live as independently as possible within their community. They provide residential support services, accommodating 80 individuals in community residential homes, including foster care and supported living services. Their approach involves tailoring services to fully integrate individuals into their neighborhood and community, fostering learning and growth in independence. With a dedicated workforce of 468 employees, Home and Community Options Inc offers training and support to these individuals and their families, thereby empowering them to become active members of their communities.
Official website here: www.hco.org
What are the reviews and ratings of this charity?
Home And Community Options Inc has received a strong Four-Star out of Four Star rating from Charity Navigator, with an impressive overall score of 96%. This rating reflects the nonprofit's commitment to accountability and financial transparency, as demonstrated by its perfect scores in various categories, including independent board member composition and oversight practices.
The organization boasts a high program expense ratio of 84.21%, indicating that a significant portion of its funding is directed towards its mission-driven activities. Notably, its board is comprised entirely of independent members, which enhances decision-making and governance practices. However, it is worth mentioning that while many transparency aspects are met, the organization has not posted its most recent tax form on its website, which is considered a minor area for improvement.
Unfortunately, user reviews from GreatNonprofits could not be fetched, so there is no additional feedback available from the community. Overall, Home And Community Options Inc exemplifies strong fiscal responsibility and transparency, affirming its reliability as a nonprofit organization dedicated to serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Home And Community Options Inc legitimate?
Home And Community Options Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Home And Community Options 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: $250,163
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,295,708
For more financial information, click here
Official website here: www.hco.org
What is the mission statement of Home And Community Options Inc?
Home and Community Options Inc is dedicated to providing support and residential services to individuals with developmental disabilities and related conditions. Their mission is to enable these individuals to live as independently as possible in their communities. They achieve this by offering training and support to these individuals and their families. Home and Community Options Inc strives to integrate these adults with disabilities into their neighborhoods and communities, providing them with 24-hour residential support in community residential homes, such as foster care and supported living services in a SLF. The services are tailored to help them learn new skills under the supervision of trained staff during the day, evening, and overnight, thereby fostering their growth and independence.
Official website here: www.hco.org
Who is the CEO of Home And Community Options Inc?
Suzanne Horstman is the Director of Home And Community Options Inc.
Official website here: www.hco.org
What is the revenue of Home And Community Options Inc?
Home And Community Options Inc's revenue in 2022 was $10,464,532.
Official website here: www.hco.org
Who are the executives of Home And Community Options Inc and what are their salaries?
The average compensation at Home And Community Options Inc during 2022 was $16,124. There are 468 employees and 6 volunteers at Home And Community Options Inc.
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- Compensation: $92,996
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- Other: $17,080
- Compensation: $123,667
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- Other: $16,420
Official website here: www.hco.org
Where can I find the form 990 for Home And Community Options Inc?
Home And Community Options Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hco.org
Learn more at the official website: www.hco.org
Mission Statement of Home And Community Options Inc
Home and Community Options Inc is committed to offering housing and care options to individuals with developmental disabilities, enabling them to live as independently as possible within their communities. The organization's mission is centered around providing support and residential services to individuals with developmental disabilities and related conditions. Home and Community Options Inc strives to equip these individuals with the necessary training and support, empowering them to lead fulfilling, independent lives within their communities.
The primary objective of Home and Community Options Inc is to help individuals with developmental disabilities integrate fully into their neighborhoods and communities. To achieve this, they offer residential supports and services, which currently cater to 80 individuals residing in community residential homes. These homes provide a 24-hour setting where these individuals receive supervision from trained staff. The services provided are tailored to integrate these individuals into their communities, fostering an environment that encourages learning and personal growth, thereby enhancing their independence.
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Impact
July, 2024
Home And Community Options Inc has a significant impact on the lives of individuals with developmental disabilities by providing them with housing and care options that enable them to live as independently as possible in their community. Through their residential supports and services, they support 80 individuals in community residential homes, foster care, and supported living services in a supported living facility. These adults receive 24-hour support, learn essential skills, and receive supervision from trained staff throughout the day, evening, and overnight.
The services offered by Home And Community Options Inc are tailored to fully integrate individuals into their neighborhood and community, allowing them to learn and grow in their independence. By providing training and support to these individuals and their families, the organization enables people with developmental disabilities to live as full, independent members of their communities.
This information is meant to be a general summary of Home And Community Options 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: $494,860
- Program Service Revenue: $9,778,840
- Gross Receipts: $10,835,516
Assets and Liabilities:
- Total Assets: $10,818,368
- Total Liabilities: $693,786
- Net Assets: $10,124,582
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FOR SERVICES
Revenue
$9,507,366
RENTAL REVENUE - HUD PROJECTS
Revenue
$271,474
Organization Details
Founding Year
1975
Phone
(507) 452-1021Principal Officer
Suzanne Horstman
Main Address
66 EAST THIRD STREET, WINONA, MN, 55987
Website
www.hco.orgNTEE Category
Code: L20Z - Housing
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