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House Of Hope Of Kentucky Inc

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

EIN: 510475765 ✦ Louisville, KY ✦ Designated as a 501(c)(3)

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Overview

What is House Of Hope Of Kentucky Inc?

House of Hope of Kentucky Inc is a non-profit organization based in Louisville, Kentucky, dedicated to assisting women struggling with alcohol and chemical dependency. They offer a supportive environment and shelter for homeless women during their rehabilitation process. Aftercare follow-up is also provided to ensure the continued success of residents in their recovery. The organization extends its mission by offering affordable, sober-living apartments through Apartments of Hope, allowing residents to transition into permanent housing while maintaining easy access to their sobriety support system. House of Hope also provides housing for women in the program who have children.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 33%, Zero-Star out of Four Star rating.

House Of Hope Of Kentucky Inc has received a low rating of 33% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization has a fully independent board and demonstrates compliance in some areas, the absence of critical policies such as conflict of interest and whistleblower protections raises red flags about its governance.

The charity's financial health is another concern, with a high liabilities to assets ratio of 78.23%, suggesting potential financial instability. Additionally, the program expense ratio of 38.90% indicates that a considerable portion of its resources may not be directed towards its programs and services. This raises questions about how effectively funds are being utilized to achieve its mission.

On a positive note, the organization has documented board meeting minutes, which shows some level of operational transparency. However, the lack of a website for posting pertinent tax documents and other essential policies suggests a need for improvement in transparency and accountability to better serve its stakeholders and community.


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

Is House Of Hope Of Kentucky Inc legitimate?

House Of Hope Of Kentucky Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. House Of Hope Of Kentucky 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: $60,608

For more financial information, click here

What is the mission statement of House Of Hope Of Kentucky Inc?

House of Hope of Kentucky Inc's mission is geared towards assisting women who face struggles with alcohol and chemical dependency. The organization offers resources and a supportive environment during the rehabilitation process, and provides shelter for homeless women. After successful rehabilitation, they offer after-care follow-up to ensure continued success. Additionally, they have an extension called Apartments of Hope, which offers high-quality, affordable, 2-bedroom sober-living apartments for women in the program. This enables them to transition into permanent housing, with easy access to their sobriety support system, thereby increasing their chances of continued recovery. Furthermore, House of Hope provides housing for women in the program who have children.

Who is the CEO of House Of Hope Of Kentucky Inc?

Tangy Hunter-Hughes is the Treasurer of House Of Hope Of Kentucky Inc.

What is the revenue of House Of Hope Of Kentucky Inc?

House Of Hope Of Kentucky Inc's revenue in 2022 was $249,288.

Who are the executives of House Of Hope Of Kentucky Inc and what are their salaries?

The average compensation at House Of Hope Of Kentucky Inc during 2022 was $60,608. There is 1 employee at House Of Hope Of Kentucky Inc.


Here are 5 key members and their salaries:


Edna Parker-Effinger (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Smith (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherrie Bethea (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tangy Hunter-Hughes (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Foree (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for House Of Hope Of Kentucky Inc?

House Of Hope Of Kentucky Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of House Of Hope Of Kentucky Inc

House of Hope of Kentucky Inc, a non-profit organization, is dedicated to extending a helping hand to women grappling with alcohol and chemical dependency. Its mission is threefold: to offer assistance and resources during the rehabilitation process, to provide a safe and secure shelter for homeless women, and to ensure continued support through after-care follow-ups.

House of Hope takes a comprehensive approach to helping women on their journey to recovery. By offering resources, a safe haven, and post-rehabilitation support, the organization aims to empower these women and increase their chances of success in overcoming their substance abuse issues.

A significant aspect of House of Hope's mission is the Apartments of Hope, an extension of its core mission. These 2-bedroom sober-living apartments provide a seamless transition for women in the program from the rehabilitation center to permanent housing. By locating these apartments next to the sobriety support system, House of Hope enhances the women's opportunities for continued success in their recovery journey. Furthermore, House of Hope also provides housing for women in the program who have children, ensuring that they too can benefit from the organization's support.

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Impact




June, 2024

House Of Hope Of Kentucky Inc has a significant impact on the lives of women struggling with alcohol and chemical dependency in Louisville, Kentucky. By providing assistance and resources during the rehabilitation process, offering a safe environment and shelter for homeless women, and conducting after-care follow-up, House of Hope plays a crucial role in supporting these women on their journey to recovery. The organization's extension program, Apartments of Hope, offers high-quality, affordable sober-living apartments, allowing residents to transition into permanent housing next to their sobriety support system, thereby increasing their chances of sustained success in substance abuse recovery. Additionally, through its Homes of Hope initiative, House Of Hope provides housing for women in the program who have children, further addressing the complex needs of these individuals.




This information is meant to be a general summary of House Of Hope Of Kentucky 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
$249,288 (2022)
Expenses
$182,243 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8
  • Program Service Revenue: $104,069
  • Gross Receipts: $249,288

Assets and Liabilities:

  • Total Assets: $1,693,140
  • Total Liabilities: $1,324,621
  • Net Assets: $368,519

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Programs

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

Rent

Revenue

$104,069

Organization Details

Founding Year

2003

Principal Officer

Tangy Hunter-Hughes

Main Address

1157 Dixie Highway, Louisville, KY, 40210

NTEE Category

Code: F20 - Mental health

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