Overview
What is Miami Homes For All Inc?
Miami Homes For All Inc, established in 1985, is a dedicated nonprofit organization based in Miami, Florida. Their primary mission is to ensure that every resident of Miami-Dade County has access to a safe and affordable housing solution. To achieve this goal, they engage in various activities, such as researching housing policies and best practices, collaborating with stakeholders to promote systemic change, building coalitions, piloting innovative solutions, and advocating for public policies. Miami Homes For All has proven successful in their endeavors, with achievements like publishing the Miami-Dade Affordable Housing Framework in 2020, serving as a backbone for the Greater Miami Housing Alliance, and successfully advocating for a substantial increase in the county's affordable housing budget. They have also advocated for dedicated beds in homeless shelters for youth, extended the eviction notice period, and influenced plans for affordable housing developments. In addition, Miami Homes For All has partnered with the County to distribute rental assistance equally and initiated a pilot program for small multifamily affordable housing deals. They also provide technical assistance and funding to Black and Hispanic developers and property owners, with support from JPMorgan Chase. With a team of 7 dedicated individuals, Miami Homes For All continues to work towards making affordable housing a reality for all in Miami-Dade County.
Official website here: www.miamihomesforall.org
What are the reviews and ratings of this charity?
97% rating from Charity Navigator indicates that Miami Homes For All Inc has achieved a Four-Star out of Four Star rating, which is an excellent mark of performance in the nonprofit sector. This high score reflects a strong focus on accountability and financial management, suggesting that the organization operates with a high level of transparency and efficiency.
The organization excels in several key areas, including having an entirely independent board and a solid program expense ratio of 74.38%, which shows a strong commitment to its mission. Additionally, the absence of any material diversion of assets and the effective oversight committee further demonstrate sound governance practices. The financial health metrics, including a low liabilities-to-assets ratio and a significant amount of working capital, indicate a well-managed nonprofit with robust fiscal stability.
While the data does not highlight any specific limitations, the overall financial efficiency and transparency metrics suggest that Miami Homes For All Inc is performing well in its operational duties. The organization’s comprehensive policies and procedures contribute to its strong accountability, making it a reliable option for potential donors and community members looking to support their cause.
This AI summary has been generated from information found on Charity Navigator.
Is Miami Homes For All Inc legitimate?
Miami Homes For All Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Miami Homes For All 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: $149,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $324,095
For more financial information, click here
Official website here: www.miamihomesforall.org
What is the mission statement of Miami Homes For All Inc?
Miami Homes For All Inc's mission is centered around ensuring that everyone in a given community has access to a safe and affordable housing option. Their primary objective is to reform the systems that impact the entire affordable housing sector. This involves researching effective policies and practices for increasing affordable housing development and resident access. Miami Homes For All engages stakeholders in dialogue to drive systemic change, builds coalitions for meaningful action, pilots innovative solutions, and advocates for public policy. They have a proven track record, with achievements such as publishing an affordable housing framework, advocating for increased funding for affordable housing, and advocating for youth-dedicated beds in homeless shelters. Their recent initiatives include partnering with the county to distribute rental assistance and initiating a pilot pipeline for small multifamily affordable housing deals.
Official website here: www.miamihomesforall.org
Who is the CEO of Miami Homes For All Inc?
Anne Lord is the Exective Director of Miami Homes For All Inc.
Official website here: www.miamihomesforall.org
What is the revenue of Miami Homes For All Inc?
Miami Homes For All Inc's revenue in 2023 was $3,176,989.
Official website here: www.miamihomesforall.org
Who are the executives of Miami Homes For All Inc and what are their salaries?
The average compensation at Miami Homes For All Inc during 2023 was $67,656. There are 7 employees at Miami Homes For All Inc.
Here are 15 key members and their salaries:
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Official website here: www.miamihomesforall.org
Where can I find the form 990 for Miami Homes For All Inc?
Miami Homes For All Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.miamihomesforall.org
Learn more at the official website: www.miamihomesforall.org
Mission Statement of Miami Homes For All Inc
Miami Homes For All, a nonprofit organization established in 1985, is committed to ensuring that every resident in Miami-Dade has access to a safe and affordable living space. Their primary objective is to transform the systems that impact the entire affordable housing landscape. This mission is achieved through various strategies, including researching and promoting policies and best practices that enhance affordable housing development and access.
Miami Homes For All engages stakeholders in open dialogues, aiming to influence systemic change. They also build coalitions around significant actions and pilot innovative solutions to address the challenges of affordable housing. In addition to these initiatives, the organization advocates for public policies that support affordable housing.
Their dedication to this cause has yielded notable achievements. For instance, they published the Miami-Dade Affordable Housing Framework in 2020, which was officially accepted by the Miami-Dade County Commission in 2022. Miami Homes For All also serves as the backbone for the Greater Miami Housing Alliance, a coalition of over 100 members striving to implement the framework's priority recommendations.
Their advocacy efforts have resulted in significant funding increases for affordable housing, totaling $85 million dollars. They have also successfully advocated for the expansion of youth-dedicated beds in homeless shelters, increasing the number from 200 to 1200. Miami Homes For All's influence has extended to pushing for an extension of the eviction notice period and influencing plans for a large parcel of land to include affordable housing. They have also partnered with the County to distribute $100 million in rental assistance and initiated a pilot pipeline of small multifamily affordable housing deals. Miami Homes For All provides technical assistance and financial support to Black and Hispanic developers and property owners, totaling $4 million in funding from JPMorgan Chase.
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Impact
July, 2024
Miami Homes For All Inc has had a significant impact on the affordable housing landscape in Miami-Dade. Through its advocacy efforts and strategic partnerships, the organization has successfully influenced policy changes and funding allocations that have directly benefited low-income and vulnerable populations. Some notable achievements include the publication of the Miami-Dade Affordable Housing Framework, the formation of the Greater Miami Housing Alliance, and the doubling of the county budget for affordable housing. Additionally, Miami Homes For All Inc has played a key role in advocating for increased homeless shelter capacity, extended eviction notice periods, and the inclusion of affordable housing in development plans. By collaborating with stakeholders, initiating pilot programs, and providing support to minority developers, the organization is actively working towards its mission of ensuring that everyone in Miami-Dade has a safe and affordable place to call home.
This information is meant to be a general summary of Miami Homes For All 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: $81,273
- Program Service Revenue: $156,849
- Gross Receipts: $5,026,620
Assets and Liabilities:
- Total Assets: $9,885,891
- Total Liabilities: $30,265
- Net Assets: $9,855,626
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Subcontracted professional services
Revenue
$156,849
Organization Details
Founding Year
1985
Phone
(305) 209-2004Principal Officer
Anne Lord
Main Address
3250 SW 3rd Avenue 2nd Floor, Miami, FL, 33129
Website
www.miamihomesforall.orgNTEE Category
Code: P20 - Human services
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