Overview
What is Habcore Inc?
Habcore Inc, located in Tinton Falls, New Jersey, is a dedicated nonprofit organization with a mission to provide homes, shelters, and facilities for individuals facing homelessness, low income, or other disadvantages. The organization strives to offer permanent housing and individualized support to help homeless families, veterans, and individuals with special needs transition from crisis to stability. With a workforce of 44 employees, Habcore Inc aims to improve the lives of those they serve, providing them with the opportunity to overcome their challenges and achieve a more stable living situation.
Official website here: www.habcore.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
Habcore Inc has achieved an overall score of 87% on Charity Navigator, reflecting a solid performance in various assessment categories. The organization excels particularly in Leadership & Adaptability with a perfect score of 100, indicating strong governance practices and an effective response to changes. Additionally, the high Culture & Community score of 94 suggests that the organization fosters a positive environment and builds strong community relationships.
Financially, Habcore demonstrates a strong commitment to its programs with a Program Expense Ratio of 94.79%, which shows that a significant portion of its resources are dedicated to its mission. The organization has a fully independent board, enhancing accountability. However, the absence of a whistleblower policy and some documentation practices may indicate areas for improvement in governance and transparency.
Overall, while Habcore Inc performs well in many areas, including financial management and program effectiveness, addressing the gaps in its policies could further strengthen its accountability framework and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Habcore Inc legitimate?
Habcore Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habcore 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: $168,239
Professional Fundraising Fees: $0
Other Salaries and Wages: $956,691
For more financial information, click here
Official website here: www.habcore.org
What is the mission statement of Habcore Inc?
Habcore Inc's mission is centered around providing permanent housing and support for individuals who are homeless, low-income, veterans, and those with special needs. Their objective is to help these individuals move beyond crisis and achieve stability, eventually improving their lives. Through individualized support, Habcore Inc aims to assist families, veterans, and individuals with special needs in transitioning towards a more stable living situation. Their services include offering homes, shelters, homesteads, and other facilities to those in need, often including individuals who are disadvantaged, disabled, unemployed, or unable to care for themselves.
Official website here: www.habcore.org
Who is the CEO of Habcore Inc?
Darrin De Seno is the President of Habcore Inc.
Official website here: www.habcore.org
What is the revenue of Habcore Inc?
Habcore Inc's revenue in 2022 was $4,967,156.
Official website here: www.habcore.org
Who are the executives of Habcore Inc and what are their salaries?
The average compensation at Habcore Inc during 2022 was $25,567. There are 44 employees at Habcore Inc.
Here are 24 key members and their salaries:
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Official website here: www.habcore.org
Where can I find the form 990 for Habcore Inc?
Habcore Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habcore.org
Learn more at the official website: www.habcore.org
Mission Statement of Habcore Inc
Habcore Inc, a nonprofit organization, is committed to providing permanent housing and individualized support to low-income individuals, homeless families, veterans, and those with special needs. Their mission is to help these individuals move from a state of crisis to stability, offering them the chance to enhance their lives. Habcore Inc's approach involves offering homes, shelters, homesteads, and other facilities to individuals who are homeless due to various circumstances, such as low income, disability, unemployment, or other difficulties that make self-care challenging. By providing these resources, Habcore Inc aims to assist these individuals in overcoming their struggles and achieving stability, ultimately improving their lives.
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Impact
July, 2024
Habcore Inc's impact is profound as it provides permanent housing and support for low-income, homeless individuals. By offering homes, shelters, homesteads, and other facilities to those who are disadvantaged, disabled, unemployed, or otherwise unable to care for themselves, Habcore Inc plays a critical role in addressing homelessness in Tinton Falls, NJ. Through their mission of providing permanent housing and individualized support, Habcore helps homeless families, veterans, and individuals with special needs move from crisis to stability, ultimately giving them the opportunity to improve their lives. Their focus on housing individuals in need underscores their commitment to creating a lasting impact on the community.
This information is meant to be a general summary of Habcore 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: $13,535
- Program Service Revenue: $4,328,700
- Gross Receipts: $4,995,463
Assets and Liabilities:
- Total Assets: $7,376,562
- Total Liabilities: $4,207,250
- Net Assets: $3,169,312
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME (HUD)
Revenue
$3,529,119
RENTAL INCOME
Revenue
$728,268
MANAGEMENT INCOME
Revenue
$71,313
Organization Details
Founding Year
1988
Phone
(732) 544-1975Principal Officer
Darrin De Seno
Main Address
788 SHREWSBURY AVENUE 2151, TINTON FALLS, NJ, 07724
Website
www.habcore.orgNTEE Category
Code: L80 - Housing
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