Overview
What is Housing Opportunities And People Enterprises Inc?
Housing Opportunities and People Enterprises Inc, based in Huntsville, Tennessee, is a nonprofit organization with a dedicated focus on providing housing solutions for individuals with disabilities and the homeless within its local community. The organization's mission is to offer homes and support, ensuring that these vulnerable population groups have access to safe and suitable living environments. With a modest workforce of two individuals, Housing Opportunities and People Enterprises Inc is committed to making a significant impact in its community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (73%)
Housing Opportunities And People Enterprises Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its overall operations despite achieving a perfect score for Accountability & Finance. The organization has demonstrated strong governance with an independent board, scoring full points in categories such as board composition and documentation of meeting minutes.
The financial health of the organization appears solid, with a favorable liabilities to assets ratio of 12.18% and a program expense ratio of 100%, suggesting that all its expenses are directed towards its programs. However, the overall rating signifies areas where the organization could enhance its impact and effectiveness.
While the nonprofit's financial management is commendable, the "Needs Improvement" rating suggests there may be challenges in other operational aspects that could be addressed to better serve its mission and stakeholders. Overall, stakeholders may want to look closer into these areas for potential enhancement.
This AI summary has been generated from information found on Charity Navigator.
Is Housing Opportunities And People Enterprises Inc legitimate?
Housing Opportunities And People Enterprises Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Opportunities And People Enterprises 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: $76,483
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Housing Opportunities And People Enterprises Inc?
Housing Opportunities And People Enterprises Inc is committed to providing homes for individuals who are handicapped and homeless within their local community. Their mission is reflected in their daily activities, which primarily revolve around offering housing solutions for those in need. By doing so, they aim to contribute to a more inclusive and compassionate society, ensuring that everyone has a place to call home, regardless of their circumstances. The organization's efforts are focused on providing a safe and supportive living environment for these vulnerable individuals, thereby enhancing their quality of life.
Who is the CEO of Housing Opportunities And People Enterprises Inc?
Terina Cantrell is the Executive Director of Housing Opportunities And People Enterprises Inc.
What is the revenue of Housing Opportunities And People Enterprises Inc?
Housing Opportunities And People Enterprises Inc's revenue in 2023 was $135,050.
Who are the executives of Housing Opportunities And People Enterprises Inc and what are their salaries?
The average compensation at Housing Opportunities And People Enterprises Inc during 2023 was $38,242. There are 2 employees at Housing Opportunities And People Enterprises Inc.
Here are 5 key members and their salaries:
- Compensation: $47,143
- 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 Housing Opportunities And People Enterprises Inc?
Housing Opportunities And People Enterprises Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Housing Opportunities And People Enterprises Inc
Housing Opportunities and People Enterprises Inc, a nonprofit organization, is dedicated to providing homes for individuals who are handicapped and homeless within their local community. Their mission is straightforward and compassionate, aiming to offer shelter and a sense of belonging to those in need. By providing homes, this organization aims to contribute positively to the lives of these individuals, offering them a safe and supportive environment. This commitment to housing is a vital part of their overall activities and mission, which is to make a tangible difference in the lives of those who are often marginalized and overlooked.
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Impact
October, 2024
Housing Opportunities And People Enterprises Inc significantly impacts the local community in Huntsville, TN, by providing essential housing solutions for individuals facing homelessness and those with disabilities. By focusing on these vulnerable populations, the organization addresses critical needs for safe and accessible living environments. This initiative not only helps individuals secure stable homes but also promotes social inclusion and enhances the quality of life for residents. Through its commitment to empowering the handicapped and homeless, the organization fosters a supportive community that strives to uplift those who are often marginalized.
This information is meant to be a general summary of Housing Opportunities And People Enterprises 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.
- Gross Receipts: $172,707
Assets and Liabilities:
- Total Assets: $703,056
- Total Liabilities: $85,658
- Net Assets: $617,398
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Organization Details
Founding Year
1985
Phone
(423) 215-3023Principal Officer
Terina Cantrell
Main Address
591 E MONTICELLO PIKE, HUNTSVILLE, TN, 37756
NTEE Category
Code: L21 - Housing
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