Houses Of Light Llc

Homes Of Light Llc

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

EIN: 452653565 ✦ Tucker, GA ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Houses Of Light Llc?

Houses of Light LLC is a nonprofit organization based in Tucker, Georgia, with a focus on addressing chronic homelessness. Their signature program, SHARE (Supportive Housing and Re-Entry Effort), provides transitional and permanent supportive housing to individuals at risk of homelessness, including veterans and patients being discharged from Grady Hospital in Atlanta. This housing is accompanied by supportive services such as intensive case management, life skills building, financial assistance for rent and utilities, and provision of some household supplies and furniture. Their mission is to help individuals regain stability and independence, ultimately aiming to prevent homelessness. With a staff of 11, they manage their premises and work tirelessly to make a difference in their community.


Official website here: www.homesoflightllc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)

Houses Of Light LLC has received a two-star rating from Charity Navigator, indicating that the organization needs improvement. The overall score stands at 70%, with commendable marks for accountability measures, such as the existence of a majority independent board and conflict of interest policies. However, the organization received a failing score for financial statements and liabilities to assets ratio, which raises concerns about its financial transparency and health.

Strengths of the organization include an independent board composition and solid governance policies, such as a whistleblower policy and document retention protocols. The program expense ratio is notably strong, suggesting that a significant portion of its budget is directed towards programmatic activities rather than administrative costs. The executive director's salary appears reasonable, especially when compared to common nonprofit salary structures.

Limitations for Houses Of Light LLC primarily stem from the lack of comprehensive financial reporting, which could hinder potential donors' trust and the organization's overall credibility. The absence of clear financial statements and a concerning liabilities to assets ratio may affect its ability to sustain operations effectively. Addressing these financial reporting issues could significantly enhance the organization's standing and effectiveness.


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

Is Houses Of Light Llc legitimate?

Houses Of Light Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Houses Of Light Llc 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: $59,050
Professional Fundraising Fees: $0
Other Salaries and Wages: $226,429

For more financial information, click here


Official website here: www.homesoflightllc.org

What is the mission statement of Houses Of Light Llc?

Houses of Light LLC is committed to addressing chronic homelessness through its signature program, SHARE (Supportive Housing and Re-entry). This program provides transitional and permanent supportive housing to individuals who are currently experiencing or are at risk of experiencing homelessness, including veterans and patients being discharged from Grady Hospital in Atlanta. The housing is accompanied by supportive services such as intensive case management and life skills building. The organization offers financial assistance for rent and utilities, provides some household supplies and furniture, and manages the premises. Their mission is centered around homelessness prevention policies, aiming to help individuals regain stability and independence.


Official website here: www.homesoflightllc.org

Who is the CEO of Houses Of Light Llc?

George Lorenz is the President of Houses Of Light Llc.


Official website here: www.homesoflightllc.org

What is the revenue of Houses Of Light Llc?

Houses Of Light Llc's revenue in 2022 was $796,268.


Official website here: www.homesoflightllc.org

Who are the executives of Houses Of Light Llc and what are their salaries?

The average compensation at Houses Of Light Llc during 2022 was $25,953. There are 11 employees at Houses Of Light Llc.


Here are 5 key members and their salaries:


George Lorenz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Santelli (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reed Gary (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Holmes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gil Reschenthaler (Executive Director)
  • Compensation: $59,050
  • Related: $0
  • Other: $0


Official website here: www.homesoflightllc.org

Where can I find the form 990 for Houses Of Light Llc?

Houses Of Light Llc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.homesoflightllc.org

Learn more at the official website: www.homesoflightllc.org

Mission Statement of Houses Of Light Llc

Houses of Light LLC is an organization dedicated to addressing chronic homelessness. Their signature program, SHARE (Supportive Housing and Re-Entry), aims to provide transitional and permanent supportive housing to individuals who are currently homeless or at imminent risk of becoming so, including veterans and patients being discharged from Grady Hospital in Atlanta. Alongside this housing, Houses of Light offers supportive services such as intensive case management and life skills development. These services include financial assistance for rent and utilities, provision of some household supplies and furniture, and premises management. The goal is to help individuals stabilize their living situations and build the necessary skills to maintain independence.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




July, 2024

Houses Of Light Llc's impact lies in their commitment to providing a solution to chronic homelessness through their signature program, SHARE. This program involves offering transitional and permanent supportive housing, as well as homelessness prevention policies, to individuals who are experiencing or at immediate risk of homelessness, including veterans and individuals transitioning from Grady Hospital in Atlanta. By offering housing coupled with supportive services such as intensive case management and life skills building, Houses Of Light Llc is not only providing shelter but also empowering individuals to rebuild their lives. Additionally, their provision of financial assistance for rent and utilities, household supplies, and furniture, along with premises management, ensures that individuals have the necessary resources to stabilize their housing situation. Through their efforts, Houses Of Light Llc is making a tangible difference in the lives of those facing homelessness, offering them a pathway towards stability and independence.




This information is meant to be a general summary of Houses Of Light Llc. 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
$796,268 (2022)
201120122013201420152016201720182019202020212022$0$300k$600k$900k$1.2M
Expenses
$849,029 (2022)
201120122013201420152016201720182019202020212022$0$300k$600k$900k$1.2M
Efficiency
2011201220132014201520162017201820192020202120220%8%16%24%36%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$2,847
  • Gross Receipts: $799,589

Assets and Liabilities:

  • Total Assets: $89,704
  • Total Liabilities: $138,798
  • Net Assets: -$49,094

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

2011

Principal Officer

George Lorenz

Main Address

4426 HUGH HOWELL ROAD B 101, TUCKER, GA, 30084

NTEE Category

Code: L41 - Housing

If you are a representative of Houses Of Light Llc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.