Overview
What is Better Housing Coalition?
The Better Housing Coalition, situated in Richmond, Virginia, is a dedicated nonprofit organization with a mission to improve lives and transform communities. Their primary focus is on developing affordable housing communities within the Richmond metropolitan area. With a team of 94 dedicated individuals, the Better Housing Coalition is committed to renovating existing housing and providing support to community housing organizations. By doing so, they strive to make a tangible impact on the lives of those residing in these communities.
Official website here: www.betterhousingcoalition.org
What are the reviews and ratings of this charity?
**: Charity Navigator Rating 96% (Four-Star out of Four Stars)**tar)**
The Better Housing Coalition has achieved a remarkable 96% rating from Charity Navigator, reflecting high standards in accountability and finance. Its score is predominantly driven by an impressive performance in financial governance, with a perfect score for an independent board and robust auditing processes. The organization effectively manages its resources, utilizing 81.48% of its expenses on programs, ensuring that the majority of funds contribute directly to its mission.
Strengths highlighted by the rating include a well-structured governance framework and strong financial health, with a favorable liabilities-to-assets ratio and exceptional fundraising efficiency. These factors suggest a reliable and trustworthy organization that maintains transparency and ethical practices, further enhanced by comprehensive policies regarding conflict of interest and whistleblower protection.
However, while the coalition's operational metrics are strong, detailed assessments in areas like impact measurement and community culture were unavailable. This lack of scoring in critical aspects may suggest opportunities for growth in demonstrating the tangible impact of its initiatives within the community. Overall, the organization showcases significant potential and commitment to affordable housing solutions.
This AI summary has been generated from information found on Charity Navigator.
Is Better Housing Coalition legitimate?
Better Housing Coalition is a legitimate nonprofit organization registered as a 501(c)(3) entity. Better Housing Coalition 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: $2,141,812
For more financial information, click here
Official website here: www.betterhousingcoalition.org
What is the mission statement of Better Housing Coalition?
The Better Housing Coalition, an organization, strives to impact lives and reshape communities by providing high-quality, affordable housing. Their primary activity revolves around the development and renovation of housing units, with a focus on affordability. Beyond this, they offer assistance to community housing organizations, aiming to improve the overall housing situation within their sphere of influence. The Better Housing Coalition's mission is centered on transforming lives and communities through the provision of affordable housing.
Official website here: www.betterhousingcoalition.org
Who is the CEO of Better Housing Coalition?
Greta Harris is the CEO of Better Housing Coalition The CEO's salary of Better Housing Coalition is $355,493 and their total compensation is $416,862.
Official website here: www.betterhousingcoalition.org
What is the revenue of Better Housing Coalition?
Better Housing Coalition's revenue in 2024 was $11,987,066.
Official website here: www.betterhousingcoalition.org
Who are the executives of Better Housing Coalition and what are their salaries?
The average compensation at Better Housing Coalition during 2024 was $13,164. There 25 volunteers at Better Housing Coalition.
Here are 25 key members and their salaries (Better Housing Coalition's CEO's salary is $355,493 and their total compensation is $416,862):
- Compensation: $355,493
- Related: $0
- Other: $61,369
- Compensation: $211,748
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- Other: $15,684
- Compensation: $217,382
- Related: $0
- Other: $3,317
- Compensation: $132,547
- Related: $0
- Other: $23,484
- Compensation: $132,613
- Related: $0
- Other: $25,780
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Official website here: www.betterhousingcoalition.org
Where can I find the form 990 for Better Housing Coalition?
Better Housing Coalition's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.betterhousingcoalition.org
Learn more at the official website: www.betterhousingcoalition.org
Mission Statement of Better Housing Coalition
The Better Housing Coalition is an organization dedicated to making a significant impact in people's lives and transforming communities by creating affordable housing options in various sectors. Their mission is rooted in the development and renovation of affordable housing units, as well as offering support to community housing organizations. Through their efforts, the Better Housing Coalition strives to improve living standards and contribute to the betterment of communities as a whole.
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Impact
July, 2024
Better Housing Coalition transforms communities in the Richmond, Virginia metropolitan area by developing and renovating affordable housing. Their impact is evident in the improved living conditions and increased access to affordable housing options for individuals and families in need. Through their mission, they change lives and create positive community transformations, making a significant difference in the lives of many.
This information is meant to be a general summary of Better Housing Coalition. 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 2024.
- Investment Income: $361,911
- Program Service Revenue: $170,688
- Gross Receipts: $14,506,518
Assets and Liabilities:
- Total Assets: $35,711,491
- Total Liabilities: $7,802,351
- Net Assets: $27,909,140
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMUNITY SOCIAL WORK
Revenue
$62,688
ACCOUNTING AND OFFICE
Revenue
$108,000
Organization Details
Founding Year
1988
Principal Officer
Julie Hovermale
NTEE Category
Code: L20Z - Housing
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