Overview
What is Hoosier Housing Group Inc?
Hoosier Housing Group Inc, located in Nashville, Tennessee, is a nonprofit organization committed to offering affordable housing solutions for elderly and low-income families. Their mission involves owning and managing housing units catering to the needs of vulnerable populations, including the elderly, those in poverty, distressed individuals, and people with disabilities. The organization operates under the name HutsonWood Housing Solutions, demonstrating its dedication to providing housing solutions that prioritize the well-being of those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%
Hoosier Housing Group Inc has earned a Three-Star out of Four Star rating from Charity Navigator, reflecting a solid level of accountability and financial health. With an overall score of 79%, the organization demonstrates commendable management practices, particularly highlighted by its independent board structure, which consists entirely of independent members. The charity has also scored highly in key areas such as its conflict of interest policy and the presence of comprehensive documentation practices.
The organization shows a strong commitment to its mission with an impressive program expense ratio of 91.64%, indicating that a significant portion of its expenses goes directly to program services rather than administrative costs. Additionally, it maintains an excellent liabilities to assets ratio of 33.49%, further showcasing its financial stability and responsible management of assets.
While the charity has established a solid foundation in governance and financial practices, the Three-Star rating suggests there is room for improvement in certain areas. Continued focus on enhancing transparency and engagement could help elevate its overall rating, ensuring that it meets the evolving needs of its community and stakeholders more effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Hoosier Housing Group Inc legitimate?
Hoosier Housing Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hoosier Housing Group 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: $120,214
For more financial information, click here
What is the mission statement of Hoosier Housing Group Inc?
The Hoosier Housing Group Inc's mission is centered around providing affordable housing options. This organization caters to various segments of society, including the elderly, low-income families, distressed individuals, underprivileged persons, and individuals with disabilities. They accomplish this mission by owning and managing housing facilities. By doing so, they aim to contribute to a more equitable living situation for these groups.
Who is the CEO of Hoosier Housing Group Inc?
Unavailable
What is the revenue of Hoosier Housing Group Inc?
Hoosier Housing Group Inc's revenue in 2022 was $3,026,720.
Who are the executives of Hoosier Housing Group Inc and what are their salaries?
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $439,286
- Other: $41,277
- Compensation: $0
- Related: $130,500
- Other: $0
- Compensation: $0
- Related: $79,500
- Other: $0
- Compensation: $0
- Related: $73,000
- Other: $0
- Compensation: $0
- Related: $74,250
- Other: $0
- Compensation: $0
- Related: $61,500
- Other: $0
- Compensation: $0
- Related: $71,750
- Other: $0
- Compensation: $0
- Related: $53,750
- Other: $0
- Compensation: $0
- Related: $257,533
- Other: $20,457
- Compensation: $0
- Related: $169,529
- Other: $23,490
Where can I find the form 990 for Hoosier Housing Group Inc?
Hoosier Housing Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hoosier Housing Group Inc
Hoosier Housing Group Inc is dedicated to providing affordable housing solutions for elderly individuals and low-income families. This nonprofit organization takes pride in owning and managing housing for those who are financially disadvantaged, distressed, or underprivileged. The elderly, the poor, and the disabled are among the primary beneficiaries of Hoosier Housing Group Inc's mission, ensuring that they have access to safe and comfortable living spaces. By offering affordable housing options, the organization seeks to contribute positively to the lives of these vulnerable groups, improving their overall living standards and providing them with a sense of security and stability.
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Impact
July, 2024
Hoosier Housing Group Inc is dedicated to providing affordable housing options to the elderly and low-income families in Nashville, TN. By owning and operating housing for elderly, poor, distressed, underprivileged, and disabled persons, the organization directly impacts the lives of those who are most in need of stable and safe housing options. Their work helps to address housing insecurity and improve the quality of life for vulnerable populations in the community.
This information is meant to be a general summary of Hoosier Housing Group 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: $161,925
- Program Service Revenue: $1,347,945
- Gross Receipts: $3,026,720
Assets and Liabilities:
- Total Assets: $14,479,892
- Total Liabilities: $8,983,037
- Net Assets: $5,496,855
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING DIVISION RENT
Revenue
$1,008,267
Real Estate Development Fee Revenue
Revenue
$339,678
Organization Details
Founding Year
2013
Phone
(615) 647-9004Main Address
PO BOX 58908, NASHVILLE, TN, 37205
NTEE Category
Code: L22 - Housing
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