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Harambee House Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 431553857 ✦ Jefferson city, MO ✦ Designated as a 501(c)(3)

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Overview

What is Harambee House Inc?

Harambee House Inc, situated in Jefferson City, Missouri, is a nonprofit organization that offers supportive housing for individuals dealing with chronic mental health disabilities. Their project, comprising fifteen subsidized units, is regulated by the U.S. Department of Housing and Urban Development (HUD) under Section 811 of the National Affordable Housing Act. The organization operates under a Section 202/162 HUD mortgage and Project Assistance Contract (PAC) to provide a safe and habitable living space for its residents. Harambee House Inc's mission is to offer an environment that supports the wellbeing and independence of its residents, thereby enhancing their quality of life.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 30%, Zero-Star out of Four Star rating.

Harambee House Inc has received a low score of 30% from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. The organization does not have any independent board members, which is critical for governance and oversight, contributing to its poor rating. Additionally, the charity struggles with transparency, failing to provide its tax form on its website and lacking a whistleblower policy, which can indicate potential risks in reporting misconduct.

Despite having a complete board size and a conflict of interest policy, other areas, such as the liabilities to assets ratio and program expense ratio, show signs of financial strain and inefficiency. The charity’s compliance with best practices in governance is lacking, which could undermine donor confidence. Stakeholders may want to consider these aspects when deciding to support or engage with the organization.

Overall, while Harambee House Inc demonstrates some strengths in terms of board structure and documentation practices, its significant shortcomings in financial accountability and transparency raise concerns. Potential donors and supporters are encouraged to carefully evaluate these factors before involvement.


This AI summary has been generated from information found on Charity Navigator.

Is Harambee House Inc legitimate?

Harambee House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harambee House 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: $44,000

For more financial information, click here

What is the mission statement of Harambee House Inc?

Harambee House Inc, as an organization, focuses on providing supportive housing for individuals battling chronic mental health disabilities. Operating under Section 811 of the National Affordable Housing Act, the organization is regulated by the U.S. Department of Housing and Urban Development (HUD) for rental charges and operating methods. Their mission is primarily fulfilled through their Section 202/162 HUD mortgage and the related Project Assistance Contract (PAC). The organization aims to offer a residential care facility that provides a suitable living environment for those dealing with mental health challenges, thereby enhancing their overall well-being.

Who is the CEO of Harambee House Inc?

Chi Cheung is the President of Harambee House Inc.

What is the revenue of Harambee House Inc?

Harambee House Inc's revenue in 2023 was $155,312.

Who are the executives of Harambee House Inc and what are their salaries?


Here are 6 key members and their salaries:


Chi Cheung (President)
  • Compensation: $0
  • Related: $178,834
  • Other: $7,349
Andrea Cheung (Board Secret)
  • Compensation: $0
  • Related: $111,727
  • Other: $11,367
Greg Bowman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Buchholz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Cheung (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candace Treat (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Harambee House Inc?

Harambee House Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Harambee House Inc

Harambee House Inc, as a residential care facility, dedicates its mission to providing supportive housing for individuals with chronic mental health disabilities. The organization operates under Section 811 of the National Affordable Housing Act, regulated by the U.S. Department of Housing and Urban Development (HUD). Their project involves fifteen subsidized units, designed to offer a safe and stable living environment for those in need. The HUD's Section 202/162 mortgage and the related Project Assistance Contract (PAC) form the backbone of their program, ensuring that the necessary resources are available to maintain the facility's operations and provide affordable rental charges for its residents. Harambee House Inc's mission is dedicated to improving the lives of individuals with mental health challenges, providing them with the support they need to live with dignity and independence.

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Impact




October, 2024

Harambee House Inc has a significant impact by providing supportive housing for individuals with chronic mental health disabilities. Located in Columbia, Missouri, this residential care facility offers fifteen subsidized units designed to meet the unique needs of its residents. By operating under the guidelines established by the U.S. Department of Housing and Urban Development (HUD) through the National Affordable Housing Act, Harambee House ensures affordable living conditions for those who often face barriers to stable housing.

The organization not only addresses housing shortages for vulnerable populations but also fosters a sense of community and belonging among its residents. This supportive environment is crucial for individuals navigating the challenges associated with mental health disabilities, as it promotes stability, independence, and a path toward recovery. Through its commitment to affordable, regulated housing, Harambee House Inc plays a vital role in enhancing the quality of life for those it serves, contributing to greater mental health outcomes and community well-being.




This information is meant to be a general summary of Harambee House 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.

Revenue
$155,312 (2023)
Expenses
$131,493 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $155
  • Program Service Revenue: $54,332
  • Gross Receipts: $155,312

Assets and Liabilities:

  • Total Assets: $377,728
  • Total Liabilities: $330,547
  • Net Assets: $47,181

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TENANT RENT

Revenue

$54,302

TENANT CHARGES

Revenue

$30

Organization Details

Founding Year

1990

Principal Officer

Chi Cheung

Main Address

2013 WILLIAM STREET, JEFFERSON CITY, MO, 65109

NTEE Category

Code: L99Z - Housing

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