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Hearts & Homes For Veterans Inc

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

EIN: 462570640 ✦ Fort myers, FL ✦ Designated as a 501(c)(3)

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Overview

What is Hearts & Homes For Veterans Inc?

Hearts & Homes For Veterans Inc, based in Fort Myers, Florida, is a dedicated nonprofit organization. Their primary mission is to eradicate homelessness among veterans in southwest Florida and help lift them out of poverty. To achieve this, they provide financial assistance for essential housing expenses, including rent, utilities, and other related costs. The organization, with a team of five dedicated individuals, is committed to offering valuable support to veterans, ensuring they have a stable living environment.


Official website here: www.hhveterans.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100%, Four-Star out of Four Star rating

Hearts & Homes For Veterans Inc has achieved a remarkable 100% score from Charity Navigator, reflecting its strong accountability and financial practices. The organization scores perfectly across several financial metrics, including a high program expense ratio of 91.86%, indicating that the vast majority of its funds are directed towards its programs supporting veterans. Additionally, the organization boasts a fully independent board, with all eight members meeting the criteria for independence, which further enhances its credibility.

User reviews present a mixed picture of the organization’s reputation. While many clients commend the charity for its supportive services and dedication to helping veterans in need, one review from a board member raises serious allegations of financial misconduct and internal conflicts. This stark contrast in feedback highlights potential governance issues that may undermine the positive experiences reported by beneficiaries.

Despite the concerns noted by some reviewers, the overall performance metrics and positive testimonials suggest that Hearts & Homes For Veterans Inc is effectively meeting the needs of many veterans. However, prospective donors and supporters might consider weighing the reviews against the organization's strong financial rating and operational practices.


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

Is Hearts & Homes For Veterans Inc legitimate?

Hearts & Homes For Veterans Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hearts & Homes For Veterans 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: $48,684

For more financial information, click here


Official website here: www.hhveterans.com

What is the mission statement of Hearts & Homes For Veterans Inc?

Hearts & Homes For Veterans Inc is committed to addressing homelessness among veterans in Southwest Florida. Their mission is twofold: to end homelessness and lift veterans out of poverty. They accomplish this by providing financial assistance for housing expenses such as rent and utilities. This organization strives to improve the living conditions and overall well-being of veterans in the region. Their goal is to ensure that veterans no longer have to face the hardships of homelessness. Hearts & Homes For Veterans Inc is dedicated to making a significant impact in the lives of veterans, offering them a pathway towards stability and self-sufficiency.


Official website here: www.hhveterans.com

Who is the CEO of Hearts & Homes For Veterans Inc?

David Zammit is the Director of Hearts & Homes For Veterans Inc.


Official website here: www.hhveterans.com

What is the revenue of Hearts & Homes For Veterans Inc?

Hearts & Homes For Veterans Inc's revenue in 2022 was $934,630.


Official website here: www.hhveterans.com

Who are the executives of Hearts & Homes For Veterans Inc and what are their salaries?

The average compensation at Hearts & Homes For Veterans Inc during 2022 was $9,737. There are 5 employees and 36 volunteers at Hearts & Homes For Veterans Inc.


Here are 9 key members and their salaries:


Harvey B Charter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Lynch (Sergeant At Arms)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Donoghue (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Santini (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Zammit (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Preis (Recording Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Spencer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Toni Brasch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Richert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hhveterans.com

Where can I find the form 990 for Hearts & Homes For Veterans Inc?

Hearts & Homes For Veterans Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hhveterans.com

Learn more at the official website: www.hhveterans.com

Mission Statement of Hearts & Homes For Veterans Inc

Hearts & Homes For Veterans Inc is committed to addressing the issue of homelessness among veterans residing in Southwest Florida. Their primary mission is twofold: to put an end to homelessness among this vulnerable group and to assist them in rising above poverty. The organization takes a proactive approach to achieving these goals by covering essential housing expenses such as rent, utilities, and other related costs for eligible veterans. By providing this vital support, Hearts & Homes For Veterans Inc aims to create stable living conditions for these individuals, ultimately helping them to regain their footing and move forward in a positive direction. The organization's mission is driven by a deep sense of compassion and a commitment to ensuring that all veterans have access to the resources they need to lead fulfilling, independent lives.

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Impact




July, 2024

Hearts & Homes For Veterans Inc is actively working to end homelessness among all veterans in Southwest Florida and lift them out of poverty. Through their efforts, they provide essential support by paying rents, utilities, and other housing expenses for veterans in need. By focusing on this mission, Hearts & Homes For Veterans Inc is making a direct impact on the lives of veterans in the Fort Myers, FL area, ensuring they have stable housing and the resources to improve their quality of life. Their work aligns with the important goal of addressing homelessness and poverty among veterans, providing a valuable public benefit to the community.




This information is meant to be a general summary of Hearts & Homes For Veterans 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
$934,630 (2022)
Expenses
$844,823 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $700
  • Gross Receipts: $934,930

Assets and Liabilities:

  • Total Assets: $1,235,509
  • Total Liabilities: $68,442
  • Net Assets: $1,167,067

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Organization Details

Founding Year

2013

Principal Officer

David Zammit

Main Address

2230 ALICIA STREET, FORT MYERS, FL, 33901

NTEE Category

Code: W30 - Public benefit

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