Overview
What is Foothills Housing Corporation?
Foothills Housing Corporation, based in Warrenton, Virginia, is a dedicated nonprofit organization with a mission to promote safe, decent, and affordable housing opportunities. They cater to the needs of around 125 low to moderate income homeowners, individuals, and families, offering crucial assistance through various channels. This includes emergency home repairs, disability ramp installations, and enhancements to ensure a healthy and secure living environment for the occupants. With a team of five dedicated employees, Foothills Housing Corporation plays a vital role in uplifting the community by supporting the housing needs of its residents.
Official website here: www.foothillshousingcorporation.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Foothills Housing Corporation has received a Two-Star out of Four Star rating from Charity Navigator, reflecting a score of 62%. While the organization excels in Accountability & Finance with a perfect score of 100%, its overall rating indicates room for improvement, particularly in demonstrating transparency through financial statements and other essential documents. The lack of available financial reports limits the organization's ability to provide insights into its fiscal health and operations.
The board governance appears robust, with 100% independent members and the presence of essential policies such as conflict of interest and whistleblower protections. However, the absence of a document retention policy and missing tax forms on its website raise concerns about the organization's commitment to transparency and adherence to best practices. Despite these weaknesses, Foothills Housing Corporation demonstrates a strong commitment to its program, with a high program expense ratio of 92.62%.
In summary, while Foothills Housing Corporation has strengths in governance and program expenses, its transparency issues and lack of financial documentation contribute to its lower rating. Potential donors and stakeholders may want to consider these factors when assessing the organization’s effectiveness and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Foothills Housing Corporation legitimate?
Foothills Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foothills Housing Corporation 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: $545,899
For more financial information, click here
Official website here: www.foothillshousingcorporation.com/
What is the mission statement of Foothills Housing Corporation?
Foothills Housing Corporation's mission is centered around providing safe, decent, and affordable housing opportunities. In pursuit of this goal, they offer assistance to approximately 125 low to moderate income homeowners, individuals, and families. This aid extends to emergency home repairs, installing accessibility disability ramps and making necessary modifications, and assisting with repairs and improvements to ensure a healthier and safer living environment for the home's occupants.
Official website here: www.foothillshousingcorporation.com/
Who is the CEO of Foothills Housing Corporation?
Maximilian A Tufts Jr is the President of Foothills Housing Corporation.
Official website here: www.foothillshousingcorporation.com/
What is the revenue of Foothills Housing Corporation?
Foothills Housing Corporation's revenue in 2022 was $2,505,368.
Official website here: www.foothillshousingcorporation.com/
Who are the executives of Foothills Housing Corporation and what are their salaries?
The average compensation at Foothills Housing Corporation during 2022 was $109,180. There are 5 employees and 5 volunteers at Foothills Housing Corporation.
Here are 9 key members and their salaries:
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- Compensation: $78,602
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Official website here: www.foothillshousingcorporation.com/
Where can I find the form 990 for Foothills Housing Corporation?
Foothills Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foothillshousingcorporation.com/
Learn more at the official website: www.foothillshousingcorporation.com/
Mission Statement of Foothills Housing Corporation
Foothills Housing Corporation is dedicated to providing safe, decent, and affordable housing opportunities for low to moderate income individuals, families, and homeowners. The organization's mission is to address their clients' needs through various initiatives. This includes offering emergency home repairs, installing accessibility disability ramps and modifications, and assisting with repairs and improvements to ensure a healthy and secure living environment for the home's occupants. By providing these services, Foothills Housing Corporation aims to contribute to the well-being of its community members, enabling them to live in a safe and comfortable environment.
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Impact
July, 2024
Foothills Housing Corporation makes a significant impact by providing safe, decent, and affordable housing opportunities to low to moderate income homeowners, individuals, and families in Warrenton, VA. They assist approximately 125 individuals and families by offering emergency home repairs, accessibility disability ramps and modifications, as well as help with repairs and improvements to ensure a healthy and safe environment in their homes. Through their efforts, Foothills Housing Corporation is directly enhancing the quality of life for those in need of housing support in the community.
This information is meant to be a general summary of Foothills Housing Corporation. 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.
- Program Service Revenue: $2,303,614
- Gross Receipts: $2,505,368
Assets and Liabilities:
- Total Assets: $9,847,545
- Total Liabilities: $7,041,809
- Net Assets: $2,805,736
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Service Fees
Revenue
$352,383
Rental Income
Revenue
$1,951,231
Organization Details
Founding Year
1970
Phone
(540) 341-2805Principal Officer
Maximilian A Tufts Jr
Main Address
47 Garrett Street, Warrenton, VA, 20186
NTEE Category
Code: L80 - Housing
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