Overview
What is Home Share?
Home Share is a nonprofit organization situated in Saint Paul, Minnesota, specifically at 1515 Energy Park Drive. Their primary mission is to offer housing solutions for individuals with medically diagnosed illnesses and low income. They operate seven residential homes, where each resident has a private bedroom and shares common living spaces such as the kitchen, dining room, and bathrooms. Home Share provides various support services to help individuals live independently, engage in their community, and lead fulfilling lives. Their main objective is to provide housing for individuals with disabilities and mental health issues.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Stars)
Home Share has earned a Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The overall score is based entirely on its excellent performance in the Accountability & Finance category, highlighting the organization’s dedication to maintaining transparency and sound financial management. With a score of 93%, Home Share demonstrates effective stewardship of its resources.
The organization showcases a majority independent board, with 66% of its members being independent, which enhances its governance structure. Home Share has implemented essential policies such as conflict of interest, whistleblower, and document retention, all of which received perfect scores. Furthermore, the charity has shown no material diversion of assets, indicating a high level of integrity in its operations.
Additionally, Home Share maintains a healthy financial position, with a liabilities to assets ratio of 50.93% and a program expense ratio of 86.36%. This suggests that a significant portion of its funding is directed towards programs rather than administrative costs. Overall, the data indicates that Home Share is a well-managed organization with a strong focus on fulfilling its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Home Share legitimate?
Home Share is a legitimate nonprofit organization registered as a 501(c)(3) entity. Home Share 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: $0
For more financial information, click here
What is the mission statement of Home Share?
Home Share's mission is centered around providing housing for individuals with disabilities and mental health issues. They operate seven residential homes, each offering a private bedroom and shared common areas like the kitchen, dining room, and bathrooms. The organization offers various support services to help residents live independently, engage in the community, and lead fulfilling lives. These services are tailored to meet the unique needs of each resident, enabling them to make the most out of their living experience.
Who is the CEO of Home Share?
Rita Wiersma is the CEO of Home Share The CEO's salary of Home Share is $0 and their total compensation is $257,327.
What is the revenue of Home Share?
Home Share's revenue in 2023 was $99,538.
Who are the executives of Home Share and what are their salaries?
There 4 volunteers at Home Share.
Here are 6 key members and their salaries (Home Share's CEO's salary is $0 and their total compensation is $257,327):
- Compensation: $0
- Related: $249,136
- Other: $8,191
- Compensation: $0
- Related: $144,706
- Other: $26,916
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Home Share?
Home Share's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Home Share
Home Share, a nonprofit organization, is dedicated to providing housing for individuals with disabilities and mental health issues. Their mission is to offer seven residential homes where people with medically diagnosed illnesses and who are extremely low-income can reside. Each resident rents a private bedroom, sharing common living spaces such as a kitchen, dining room, and bathrooms. Home Share offers various support services, allowing individuals to live independently, participate in their community, and strive for their best lives. These services enable the residents to enhance their quality of life and foster a sense of community within the homes.
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Impact
October, 2024
Home Share significantly impacts individuals with disabilities and mental health challenges by offering stable, affordable housing. Operating seven residential homes, it provides a safe environment where residents can rent private bedrooms while sharing common spaces like kitchens and bathrooms. This arrangement fosters a sense of community and belonging.
The program is particularly crucial for those who are extremely low-income and have medically diagnosed illnesses, as it ensures access to essential resources and support services. These services empower residents to live independently, engage meaningfully in their communities, and pursue their personal goals. By facilitating a supportive living environment, Home Share enhances the quality of life for its residents, helping them navigate challenges while promoting dignity and autonomy.
This information is meant to be a general summary of Home Share. 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: $217
- Program Service Revenue: $99,321
- Gross Receipts: $99,538
Assets and Liabilities:
- Total Assets: $952,926
- Total Liabilities: $362,315
- Net Assets: $590,611
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT
Revenue
$99,321
Organization Details
Founding Year
1994
Principal Officer
Rita Wiersma
NTEE Category
Code: P75 - Human services
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