Overview
What is Better Housing Inc?
Better Housing Inc, established in Fort Scott, Kansas, is a nonprofit organization dedicated to alleviating housing issues for low-income individuals and families. The organization proudly manages a 68-unit rental complex, serving as both the owner and operator. Their primary mission is to provide affordable living solutions for those in need within the community. The complex offers a secure and affordable home for its residents, ensuring they have a stable living environment. Better Housing Inc's mission is a testament to their commitment to uplifting the local community by addressing one of its most pressing concerns: affordable housing.
Is Better Housing Inc legitimate?
Better Housing Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Better Housing 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: $150,229
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What is the mission statement of Better Housing Inc?
Better Housing Inc's mission is centered around providing affordable housing for individuals and families in need. The organization manages a 68-unit rental complex, which it owns, catering to low-income individuals. Their primary objective is to make housing accessible for this demographic within their community. Better Housing Inc operates with the aim of addressing the housing affordability issue, thereby contributing to a more equitable living situation for those in financial distress.
Who is the CEO of Better Housing Inc?
Victor Arnold is the Chairman of Better Housing Inc.
What is the revenue of Better Housing Inc?
Better Housing Inc's revenue in 2023 was $529,345.
Who are the executives of Better Housing Inc and what are their salaries?
The average compensation at Better Housing Inc during 2023 was $25,038. There are 6 employees at Better Housing Inc.
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Where can I find the form 990 for Better Housing Inc?
Better Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Better Housing Inc
Better Housing, as an organization, is committed to providing affordable housing solutions for individuals and families in need within their community. Operating a 68-unit rental complex in Fort Scott, Kansas, Better Housing assumes ownership and management responsibilities, ensuring that low-income individuals have access to suitable housing options. Their mission is centered around serving this particular demographic, aiming to make a tangible impact on the community by addressing a pressing need for affordable housing. By providing such housing, Better Housing contributes to the overall well-being and stability of its residents, empowering them to focus on other essential aspects of their lives.
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Impact
October, 2024
Better Housing Inc significantly impacts the Fort Scott community by providing 68 units of affordable rental housing for low-income individuals and families. This initiative is crucial in addressing the pressing need for accessible housing, helping to stabilize households and improve quality of life. By offering a safe and affordable living environment, Better Housing fosters a sense of community and security for its residents.
The management of this low-income housing complex not only supports residents in securing stable housing but also contributes to the local economy by ensuring that families can live and work within the community without the burden of exorbitant rent. This initiative helps to alleviate homelessness and housing insecurity, allowing individuals and families to focus on other aspects of their lives, such as education, employment, and personal development.
Furthermore, Better Housing Inc's commitment to serving vulnerable populations enhances social equity in Fort Scott, making it a more inclusive community. The organization's efforts can lead to better health outcomes, increased educational opportunities, and stronger community ties, ultimately fostering a more resilient and interconnected environment for all residents.
This information is meant to be a general summary of Better Housing 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 2023.
- Investment Income: $401
- Program Service Revenue: $528,944
- Gross Receipts: $529,345
Assets and Liabilities:
- Total Assets: $747,075
- Total Liabilities: $86,698
- Net Assets: $660,377
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ALL OTHER PROGRAMS
Revenue
$528,944
Organization Details
Founding Year
1968
Phone
(620) 223-3150Principal Officer
Victor Arnold
Main Address
1321 S BROADWAY, FORT SCOTT, KS, 66701
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