Overview
What is Housing Connections Inc?
Housing Connections Inc, situated in Pearisburg, Virginia, is a compassionate nonprofit organization dedicated to assisting low-income individuals and families in securing safe, decent, sanitary, and affordable housing. They are committed to administering various housing assistance programs for eligible low- and moderate-income individuals, as mandated by the U.S. Department of Housing and Urban Development (HUD). Their mission is to make a significant difference in the lives of those in need, ensuring they have a secure place to call home. With a team of eight dedicated professionals, Housing Connections Inc plays a crucial role in alleviating housing challenges in their community.
Official website here: www.housingconnectionsva.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star Rating)
Housing Connections Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The organization achieved an overall score of 88%, which reflects its strong commitment to fiscal responsibility and transparency. The evaluation is based entirely on the Accountability & Finance beacon, demonstrating their focus on efficient use of resources.
The nonprofit has notable strengths, including a governance structure with 80% independent board members and a commendable program expense ratio of 86.99%. These factors suggest that Housing Connections Inc prioritizes its mission by allocating a significant portion of its resources directly to programmatic activities. Additionally, the organization has established robust auditing and oversight mechanisms, showcasing a commitment to transparency and ethical management.
However, it's important to note some limitations in their policies. While the organization has positive scores in several governance areas, it is missing a whistleblower policy and a document retention and destruction policy. Addressing these areas could further enhance their accountability and organizational integrity. Overall, Housing Connections Inc is regarded positively in its operational practices, with room for improvement in certain governance policies.
This AI summary has been generated from information found on Charity Navigator.
Is Housing Connections Inc legitimate?
Housing Connections Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Connections 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: $57,758
Professional Fundraising Fees: $0
Other Salaries and Wages: $174,686
For more financial information, click here
Official website here: www.housingconnectionsva.com
What is the mission statement of Housing Connections Inc?
Housing Connections Inc is committed to administering housing assistance programs for individuals and families with low to moderate income, ensuring they meet the federal guidelines set by HUD. Their primary mission is to help these eligible individuals secure safe, decent, sanitary, and affordable housing options. By providing rental assistance, Housing Connections Inc plays a significant role in improving living conditions and promoting stability for those in need.
Official website here: www.housingconnectionsva.com
Who is the CEO of Housing Connections Inc?
Brett Rader is the Treasurer/Se of Housing Connections Inc.
Official website here: www.housingconnectionsva.com
What is the revenue of Housing Connections Inc?
Housing Connections Inc's revenue in 2022 was $554,075.
Official website here: www.housingconnectionsva.com
Who are the executives of Housing Connections Inc and what are their salaries?
The average compensation at Housing Connections Inc during 2022 was $29,056. There are 8 employees and 5 volunteers at Housing Connections Inc.
Here are 5 key members and their salaries:
- Compensation: $55,447
- Related: $0
- Other: $1,663
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.housingconnectionsva.com
Where can I find the form 990 for Housing Connections Inc?
Housing Connections Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.housingconnectionsva.com
Learn more at the official website: www.housingconnectionsva.com
Mission Statement of Housing Connections Inc
Housing Connections Inc, as a nonprofit organization, is dedicated to administering housing assistance programs for individuals and families with low to moderate income. This mission is in line with the federal guidelines set by HUD. The primary objective of Housing Connections Inc is to help these individuals and families secure safe, decent, sanitary, and affordable housing. By doing so, the organization aims to alleviate the housing-related challenges faced by low-income individuals and families, thereby contributing to their overall well-being. In essence, Housing Connections Inc serves as a vital resource for those in need, providing them with the necessary assistance to secure a stable living environment.
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Impact
July, 2024
Housing Connections Inc's impact lies in providing crucial housing assistance programs for low and moderate-income individuals and families in Pearisburg, VA. By administering rental assistance programs mandated by HUD, this organization ensures that those in need have access to safe, decent, sanitary, and affordable housing. Through their efforts, Housing Connections Inc plays a significant role in addressing housing insecurity and improving the quality of life for vulnerable populations in the community.
This information is meant to be a general summary of Housing Connections 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: $3,210
- Program Service Revenue: $367,124
- Gross Receipts: $554,075
Assets and Liabilities:
- Total Assets: $683,883
- Total Liabilities: $1,221
- Net Assets: $682,662
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
VHDA ADMIN FEES
Revenue
$367,124
Organization Details
Founding Year
1987
Phone
(540) 921-1392Principal Officer
Brett Rader
Main Address
504 WENONAH AVENUE, PEARISBURG, VA, 24134
Website
www.housingconnectionsva.comNTEE Category
Code: L80 - Housing
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