Overview
What is House Of Hope Housing Inc C/O House Of Hope Inc?
House of Hope Housing Inc, operating under House of Hope Inc, is a nonprofit organization situated in Lowell, Massachusetts. Their primary focus is on improving the social and economic conditions of families who have recently experienced homelessness. They achieve this objective by promoting and managing affordable housing, as well as offering supportive family services. To be eligible for their housing units, applicants must meet specific requirements, including being homeless, having a low income, and requiring such services. The organization manages several apartment buildings, including The New Hope Apartments, The Lakeview Apartments, The Pawtucket Apartments, and The Smith Apartments, providing a total of thirty-eight subsidized housing units.
Official website here: www.hopelowell.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
House Of Hope Housing Inc has received a Three-Star rating from Charity Navigator, reflecting a solid score of 77% in accountability and finance. This rating indicates that the organization meets certain standards for transparency and fiscal responsibility, which are critical for building trust with donors and stakeholders.
The organization excels in several key areas, including having a fully independent board, a robust audit and oversight committee, and comprehensive policies in place for conflict of interest and document retention. These strengths highlight its commitment to good governance and ethical standards, crucial for maintaining donor confidence and ensuring effective use of resources.
However, the organization has some limitations, particularly concerning its liabilities to assets ratio, which did not score well. Additionally, the absence of a whistleblower policy may raise concerns about transparency and protection for individuals reporting misconduct. Overall, while House Of Hope Housing Inc demonstrates a strong financial and governance structure, addressing these areas could further enhance its standing.
This AI summary has been generated from information found on Charity Navigator.
Is House Of Hope Housing Inc C/O House Of Hope Inc legitimate?
House Of Hope Housing Inc C/O House Of Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. House Of Hope Housing Inc C/O House Of Hope 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: $166,571
Professional Fundraising Fees: $0
Other Salaries and Wages: $253,833
For more financial information, click here
Official website here: www.hopelowell.org
What is the mission statement of House Of Hope Housing Inc C/O House Of Hope Inc?
House of Hope Housing Inc., under the umbrella of House of Hope Inc., works towards improving the social and economic conditions of families who have recently experienced homelessness. Their mission involves promoting, developing, and managing affordable housing for these families. Furthermore, they assist in executing the charitable purposes of House of Hope Inc. Their efforts are focused on providing subsidized housing, with 38 units available at The New Hope Apartments, The Lakeview Apartments, The Pawtucket Apartments, and The Smith Apartments. To be eligible, applicants must meet criteria such as being homeless, having a low income, and requiring supportive family services.
Official website here: www.hopelowell.org
Who is the CEO of House Of Hope Housing Inc C/O House Of Hope Inc?
Deborah Chausse is the President of House Of Hope Housing Inc C/O House Of Hope Inc.
Official website here: www.hopelowell.org
What is the revenue of House Of Hope Housing Inc C/O House Of Hope Inc?
House Of Hope Housing Inc C/O House Of Hope Inc's revenue in 2023 was $922,537.
Official website here: www.hopelowell.org
Who are the executives of House Of Hope Housing Inc C/O House Of Hope Inc and what are their salaries?
Here are 19 key members and their salaries:
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Official website here: www.hopelowell.org
Where can I find the form 990 for House Of Hope Housing Inc C/O House Of Hope Inc?
House Of Hope Housing Inc C/O House Of Hope Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hopelowell.org
Learn more at the official website: www.hopelowell.org
Mission Statement of House Of Hope Housing Inc C/O House Of Hope Inc
House of Hope Housing Inc, an affiliate of House of Hope Inc, is committed to enhancing the social and economic conditions of families who have recently experienced homelessness. Their mission encompasses promoting and developing affordable housing for these families and supporting their charitable objectives through House of Hope Inc. The organization manages several apartment complexes, such as The New Hope Apartments, The Lakeview Apartments, The Pawtucket Apartments, and The Smith Apartments, which collectively offer thirty-eight units of subsidized housing. To be eligible for these accommodations, applicants must meet specific criteria, including being homeless, having extremely low income, and requiring supportive family services.
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Impact
July, 2024
House Of Hope Housing Inc, operating under the umbrella of House Of Hope Inc, is making a direct impact on the lives of families who are or have recently been homeless. Through initiatives like the New Hope Apartments, Lakeview Apartments, Pawtucket Apartments, and Smith Apartments, they provide a total of thirty-eight units of subsidized housing. These efforts not only offer a stable living environment for those in need but also contribute to the improved social and economic conditions of these families. By requiring applicants to be homeless, extremely low income, and in need of supportive family services, House Of Hope Housing Inc ensures that their resources are allocated where they are most needed, making a lasting impact on the community in Lowell, Massachusetts.
This information is meant to be a general summary of House Of Hope Housing Inc C/O House Of Hope 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.
- Program Service Revenue: $858,394
- Gross Receipts: $922,537
Assets and Liabilities:
- Total Assets: $8,138,301
- Total Liabilities: $9,113,437
- Net Assets: -$975,136
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$858,394
Organization Details
Founding Year
2002
Phone
(978) 458-2870Principal Officer
Deborah Chausse
Main Address
812 MERRIMACK STREET, LOWELL, MA, 01854
Website
www.hopelowell.orgNTEE Category
Code: L25 - Housing
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