Overview
What is Network Housing 2005 Inc?
Network Housing 2005 Inc is a nonprofit organization situated in Columbus, Ohio, dedicated to providing safe and affordable housing to individuals with disabilities who are on low income. The organization manages a 15-unit residential complex, offering rental subsidies and various supportive services. These services include helping residents navigate funding requirements, evaluating their needs, providing regular well-being checks, and connecting them to specialized service providers for specific needs such as transportation, life skills, health and wellness education, financial literacy, and employment assistance. Network Housing 2005 Inc also collaborates with residents' case managers to address issues and advocate for additional services. The organization has achieved impressive results, with over 90% of its residents maintaining housing or moving to other housing options in 2021, and an average stay of five years.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Network Housing 2005 Inc has achieved an impressive 94% rating from Charity Navigator, translating to a Four-Star designation. This high rating reflects the organization’s strong commitment to accountability and finance, as the score is derived solely from one beacon score that emphasizes these factors. The organization has demonstrated excellent financial health and transparency through its fiscal practices.
Key strengths of Network Housing include a fully independent board of directors, with all 10 members being independent, contributing to a robust governance structure. The organization has no issues with material diversion of assets and maintains comprehensive policies on conflict of interest, whistleblowing, and document retention, indicating sound operational practices. Additionally, a high percentage of program expenses (91.65%) suggests that most of the funds are directed towards fulfilling its mission.
While the data does not highlight specific limitations for Network Housing, the focus on financial integrity and governance practices showcases its commitment to responsible stewardship. Overall, the organization presents a trustworthy option for potential donors looking to support impactful charitable work.
This AI summary has been generated from information found on Charity Navigator.
Is Network Housing 2005 Inc legitimate?
Network Housing 2005 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Network Housing 2005 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $25,260
For more financial information, click here
What is the mission statement of Network Housing 2005 Inc?
Network Housing 2005 Inc's mission is centered around providing safe and affordable housing for individuals with disabilities, including those with mental illness, and offering supportive services to enhance their quality of life. The organization manages a 15-unit housing project, offering rental subsidies and various services. Besides property management, they offer diverse supportive services to residents, such as help with funding compliance requirements, evaluating needs, monitoring well-being, and linking them to appropriate service providers for specific needs. This holistic approach includes assistance with transportation, life skills, health and wellness education, financial literacy, and employment. Additionally, they collaborate with case managers to address issues and advocate for additional services, aiming to improve housing retention and outcomes. In 2021, over 90% of the residents either remained housed or moved to other housing, reflecting the organization's effectiveness in its mission.
Who is the CEO of Network Housing 2005 Inc?
Samantha Shuler is the Ceo of Network Housing 2005 Inc. The CEO's salary of Network Housing 2005 Inc is $0 and their total compensation is $188,594.
What is the revenue of Network Housing 2005 Inc?
Network Housing 2005 Inc's revenue in 2022 was $155,255.
Who are the executives of Network Housing 2005 Inc and what are their salaries?
There 8 volunteers at Network Housing 2005 Inc.
Here are 10 key members and their salaries (Network Housing 2005 Inc's CEO's salary is $0 and their total compensation is $188,594):
- Compensation: $0
- Related: $163,769
- Other: $24,825
- Compensation: $0
- Related: $154,754
- Other: $9,883
- 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 Network Housing 2005 Inc?
Network Housing 2005 Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Network Housing 2005 Inc
Network Housing 2005 Inc is committed to providing safe and affordable rental housing for low-income individuals with disabilities, including those with mental illness. The organization's mission extends beyond just housing, as it also offers supportive services to its residents. This 15-unit development is linked to rental subsidies and services, ensuring that the housing remains affordable for its inhabitants. The site includes a community building and laundry facilities, and Network Housing 2005 Inc goes beyond traditional property management services.
The organization's staff is dedicated to helping residents navigate the housing's funding compliance requirements, evaluating their service and housing needs, and regularly monitoring their well-being. They link residents to appropriate service providers, offering assistance in areas such as transportation, life skills, health and wellness education, financial literacy, and employment. Network Housing 2005 Inc also coordinates with residents' case managers to advocate for additional services, aiming to support housing retention and improved outcomes. This approach results in a more effective and efficient system of care, with over 90% of residents remaining housed or exiting to other housing in 2021. The average stay at Network Housing 2005 Inc is five years, demonstrating the organization's commitment to providing long-term support to its residents.
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Impact
October, 2024
Network Housing 2005 Inc significantly impacts the lives of low-income individuals with disabilities, particularly those living with mental illness. By providing 15 units of safe and affordable rental housing, it addresses a critical need for stable living conditions among a vulnerable population. The development not only offers housing but is also designed to foster a supportive community through additional amenities like a community building and laundry facilities.
The organization goes beyond traditional property management by actively offering a range of supportive services. With a focus on helping residents navigate the complexities of housing compliance, the part-time resident manager ensures that individuals have consistent support. Regular visits help monitor well-being, allowing for timely intervention when issues arise.
Moreover, Network Housing 2005 Inc connects residents to essential services that promote independence and self-sufficiency. This includes assistance with transportation, life skills, health and wellness, financial literacy, and employment opportunities. By collaborating with case managers, the organization advocates for residents' needs, strengthening their ability to retain housing and improve their overall quality of life.
The effectiveness of these efforts is evident in the outcomes: in 2021, over 90% of residents maintained their housing or transitioned to other housing solutions successfully, highlighting the program's role in fostering stability. With an average residency duration of five years, Network Housing 2005 Inc plays a crucial role in ensuring that individuals with disabilities have access to safe housing and the resources they need to thrive.
This information is meant to be a general summary of Network Housing 2005 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: $740
- Program Service Revenue: $48,514
- Gross Receipts: $155,255
Assets and Liabilities:
- Total Assets: $1,023,884
- Total Liabilities: $409,558
- Net Assets: $614,326
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME RENTALS
Revenue
$48,514
Organization Details
Founding Year
2006
Phone
(614) 487-6700Principal Officer
Samantha Shuler
Main Address
1680 WATERMARK DRIVE, COLUMBUS, OH, 43215
NTEE Category
Code: L21 - Housing
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