Overview
What is Home Solutions Of Davidson County Nc Inc?
Home Solutions of Davidson County NC Inc, based in Lexington, North Carolina, is a nonprofit organization with a mission to educate, empower, and uplift individuals and families in their pursuit of homeownership. They strive to develop new affordable housing options and enhance the existing ones within the Lexington area. With a dedicated team of six employees, this organization is committed to making a significant impact in their community by promoting housing opportunities and improvements.
Official website here: www.homesolutionsdcnc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Home Solutions of Davidson County NC Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and finance management. The organization scored 97%, with the evaluation primarily based on its accountability practices, reflecting a strong commitment to transparency and effective governance.
Strengths of the organization include having a fully independent board, with all 14 members contributing to its governance. Additionally, the charity has demonstrated no material diversion of assets and maintains essential policies related to conflicts of interest and whistleblowing. Its financial ratios indicate a healthy balance, with a liabilities-to-assets ratio of 7.31% and a program expense ratio of approximately 73%, suggesting that a significant portion of its funding is directed toward its mission.
While the organization shows remarkable financial integrity and governance practices, this overview does not highlight any specific limitations or challenges faced by Home Solutions of Davidson County NC Inc. Overall, the charity appears to be a trustworthy and reliable option for donors seeking to support community-focused initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Home Solutions Of Davidson County Nc Inc legitimate?
Home Solutions Of Davidson County Nc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Home Solutions Of Davidson County Nc 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: $52,806
Professional Fundraising Fees: $0
Other Salaries and Wages: $139,309
For more financial information, click here
Official website here: www.homesolutionsdcnc.org
What is the mission statement of Home Solutions Of Davidson County Nc Inc?
Home Solutions of Davidson County NC Inc's mission is centered around education, empowerment, and affirmation. The organization strives to help individuals and families in their quest for homeownership. Additionally, they are committed to developing new affordable housing options and enhancing the quality of existing housing in their community. By providing these services, Home Solutions of Davidson County NC Inc aims to contribute positively to the housing landscape in the Lexington area.
Official website here: www.homesolutionsdcnc.org
Who is the CEO of Home Solutions Of Davidson County Nc Inc?
Beth Hibbitts is the Chair of Home Solutions Of Davidson County Nc Inc.
Official website here: www.homesolutionsdcnc.org
What is the revenue of Home Solutions Of Davidson County Nc Inc?
Home Solutions Of Davidson County Nc Inc's revenue in 2023 was $468,631.
Official website here: www.homesolutionsdcnc.org
Who are the executives of Home Solutions Of Davidson County Nc Inc and what are their salaries?
The average compensation at Home Solutions Of Davidson County Nc Inc during 2023 was $32,019. There are 6 employees and 50 volunteers at Home Solutions Of Davidson County Nc Inc.
Here are 15 key members and their salaries:
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- Related: $52,807
- Other: $1,500
Official website here: www.homesolutionsdcnc.org
Where can I find the form 990 for Home Solutions Of Davidson County Nc Inc?
Home Solutions Of Davidson County Nc Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.homesolutionsdcnc.org
Learn more at the official website: www.homesolutionsdcnc.org
Mission Statement of Home Solutions Of Davidson County Nc Inc
Home Solutions Of Davidson County Nc Inc, as a nonprofit organization, is dedicated to educating, empowering, and affirming individuals and families in their pursuit of homeownership. Their mission extends beyond this, as they also strive to develop new affordable housing options and improve existing housing within the Lexington area. By taking on this mission, Home Solutions Of Davidson County Nc Inc aims to positively impact the community by providing opportunities for individuals and families to secure stable and affordable housing. This mission is fundamental to their work, driving them to continually find ways to support those in need of housing solutions.
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Impact
July, 2024
Home Solutions of Davidson County NC Inc, through its mission to educate, empower, and affirm individuals and families to achieve homeownership, develop new affordable housing, and improve existing housing in the Lexington area, has a direct impact on the local community. By providing education and resources to support homeownership, this organization contributes to the stability and growth of families and neighborhoods. Additionally, their efforts to develop new affordable housing address a critical need for those seeking safe and affordable housing options. The work of Home Solutions of Davidson County NC Inc not only improves housing opportunities for individuals and families but also contributes to the overall well-being and prosperity of the Lexington area.
This information is meant to be a general summary of Home Solutions Of Davidson County Nc 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 2023.
- Investment Income: $26,813
- Program Service Revenue: $50,300
- Gross Receipts: $680,250
Assets and Liabilities:
- Total Assets: $893,571
- Total Liabilities: $65,348
- Net Assets: $828,223
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fees for services rend
Revenue
$50,300
Organization Details
Founding Year
1996
Phone
(336) 236-1675Principal Officer
Beth Hibbitts
Main Address
PO Box 933, Lexington, NC, 272930933
Website
www.homesolutionsdcnc.orgNTEE Category
Code: L20Z - Housing
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