Overview
What is Transitional Housing Resources Inc C/O Heritage Housing Partners Corp?
Transitional Housing Resources Inc C/O Heritage Housing Partners Corp is a nonprofit organization based in Columbia, Maryland. Their primary mission is to provide housing assistance to individuals with mental challenges and developmental disabilities. They aim to offer nine units of housing to cater specifically to this group, with a focus on creating a supportive environment that enhances their overall well-being. Although the information does not specify, it is assumed that their reach extends to families and communities in need. The organization's commitment to this cause demonstrates their dedication to improving the lives of those who may face unique challenges in securing suitable housing.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
Transitional Housing Resources Inc, operating under Heritage Housing Partners Corp, has received a Three-Star rating from Charity Navigator, indicating a decent level of accountability and financial health. The rating is primarily derived from its strong performance in the Accountability & Finance beacon, reflecting the charity's commitment to responsible governance and transparency.
The organization excels in board independence, with all members being independent, and it has a solid policy framework, including conflict of interest and whistleblower policies. Additionally, it demonstrates effective financial management with an impressive program expense ratio of 80.88%, signifying that a substantial portion of its resources is directed towards its programs rather than administrative costs.
However, the charity's liabilities to assets ratio is notably high at 242.22%, which raises concerns about its financial stability. While the organization shows strengths in governance and program spending, potential donors should consider this liability issue as it may impact the charity's long-term viability and ability to fulfill its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Transitional Housing Resources Inc C/O Heritage Housing Partners Corp legitimate?
Transitional Housing Resources Inc C/O Heritage Housing Partners Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Transitional Housing Resources Inc C/O Heritage Housing Partners Corp 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: $7,864
For more financial information, click here
What is the mission statement of Transitional Housing Resources Inc C/O Heritage Housing Partners Corp?
Transitional Housing Resources Inc C/O Heritage Housing Partners Corp is dedicated to providing housing assistance for mentally challenged and developmentally disabled individuals. Their mission is focused on offering sustained accommodation to those who require it, aiming to enhance their quality of life and promote a sense of security and independence. The organization strives to provide a total of nine housing-assisted units to these individuals, thereby making a significant difference in their lives.
Who is the CEO of Transitional Housing Resources Inc C/O Heritage Housing Partners Corp?
Derward Brooks is the President Until 11/22 of Transitional Housing Resources Inc C/O Heritage Housing Partners Corp.
What is the revenue of Transitional Housing Resources Inc C/O Heritage Housing Partners Corp?
Transitional Housing Resources Inc C/O Heritage Housing Partners Corp's revenue in 2022 was $66,087.
Who are the executives of Transitional Housing Resources Inc C/O Heritage Housing Partners Corp and what are their salaries?
There 9 volunteers at Transitional Housing Resources Inc C/O Heritage Housing Partners Corp.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Transitional Housing Resources Inc C/O Heritage Housing Partners Corp?
Transitional Housing Resources Inc C/O Heritage Housing Partners Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Transitional Housing Resources Inc C/O Heritage Housing Partners Corp
Transitional Housing Resources Inc C/O Heritage Housing Partners Corp, a non-profit organization, is dedicated to providing housing assistance for mentally challenged and developmentally disabled individuals. Specifically, their mission is to offer housing-assisted units to those who face these challenges, aiming to improve their quality of life. The organization takes pride in providing nine such units, offering a safe and supportive living environment for these individuals. By doing so, Transitional Housing Resources Inc C/O Heritage Housing Partners Corp is making a significant contribution to the well-being of this vulnerable group, helping them navigate their daily lives with greater ease and dignity.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
June, 2024
Transitional Housing Resources Inc C/O Heritage Housing Partners Corp's impact lies in its provision of housing assistance to mentally challenged and developmentally disabled individuals in Columbia, MD. By offering 9 housing-assisted units, this organization plays a crucial role in enhancing the quality of life for vulnerable individuals in the community. Their mission to provide stable and supportive housing for those in need contributes to addressing housing insecurity among the mentally challenged and developmentally disabled population, ultimately promoting a safer and more inclusive environment for these individuals.
This information is meant to be a general summary of Transitional Housing Resources Inc C/O Heritage Housing Partners Corp. 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: $40
- Program Service Revenue: $65,632
- Gross Receipts: $66,087
Assets and Liabilities:
- Total Assets: $333,515
- Total Liabilities: $807,860
- Net Assets: -$474,345
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL ASSISTANCE PAYM
Revenue
$39,458
RENTAL INCOME
Revenue
$26,174
Organization Details
Founding Year
2000
Phone
(443) 518-7685Principal Officer
Derward Brooks
Main Address
9770 PATUXENT WOODS DRIVE 305, COLUMBIA, MD, 21046
NTEE Category
Code: F33 - Mental health
If you are a representative of Transitional Housing Resources Inc C/O Heritage Housing Partners Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.