Overview
What is Homes For Independence Inc?
Homes For Independence Inc., a 501(c)(3) nonprofit organization based in Clearwater, Florida, is an integral part of Abilities, Inc. of Florida, which operates under the name ServicesSource. This organization's mission is to foster inclusive communities by providing services, resources, and partnerships for individuals with disabilities, their families, caregivers, and community members. With regional offices in over 10 states and the District of Columbia, Homes For Independence Inc. specifically focuses on offering affordable, accessible, and safe housing options. They provide rental units in established communities with easy access to shopping and transportation in Pinellas and Brevard Counties in Florida, Cumberland County in North Carolina, and through condominium units. In addition, they offer housing counseling services, support for veterans, and permanent housing communities for veterans with disabilities and their families. Their initiatives aim to promote inclusivity and improve the quality of life for those in need.
Official website here: www.servicesource.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Homes For Independence Inc has received a commendable Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 81% overall, indicating effective management of resources and transparent operations. The rating is based solely on the Accountability & Finance beacon, highlighting the organization's reliability in these areas.
One of the notable strengths of Homes For Independence Inc is its fully independent board, which consists of 100% independent members, ensuring objective decision-making. The organization also scores exceptionally well in financial oversight, with a perfect score in critical areas such as audit and oversight committee functions, conflict of interest policy, and whistleblower policy. Furthermore, the program expense ratio is impressive at 86.91%, indicating that a significant portion of its expenses directly support its programs.
While the charity demonstrates robust financial oversight and governance, the singular focus on the Accountability & Finance beacon means that other performance aspects, such as program effectiveness or community impact, are not evaluated in this score. Therefore, while the financial health appears sound, potential donors and stakeholders may want to explore these additional dimensions to gain a complete understanding of the nonprofit’s overall effectiveness in meeting its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Homes For Independence Inc legitimate?
Homes For Independence Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homes For Independence 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: $77,585
Professional Fundraising Fees: $0
Other Salaries and Wages: $606,917
For more financial information, click here
Official website here: www.servicesource.org
What is the mission statement of Homes For Independence Inc?
Homes For Independence Inc's mission is centered around facilitating services, resources, and partnerships to support individuals with disabilities and their families, caregivers, and community members. The organization aims to build more inclusive communities by providing essential support. This includes offering affordable, accessible, and safe housing options, housing counseling for individuals with disabilities and their families, and veterans housing through initiatives like Duvall Park in St. Petersburg, FL. The organization's services extend to various states, providing a range of support services for veterans with disabilities and their families.
Official website here: www.servicesource.org
Who is the CEO of Homes For Independence Inc?
Bruce Patterson is the Chief Executive Officer of Homes For Independence Inc. The CEO's salary of Homes For Independence Inc is $16,076 and their total compensation is $575,778.
Official website here: www.servicesource.org
What is the revenue of Homes For Independence Inc?
Homes For Independence Inc's revenue in 2022 was $693,308.
Official website here: www.servicesource.org
Who are the executives of Homes For Independence Inc and what are their salaries?
There 7 volunteers at Homes For Independence Inc.
Here are 19 key members and their salaries (Homes For Independence Inc's CEO's salary is $16,076 and their total compensation is $575,778):
- 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: $16,076
- Related: $519,797
- Other: $39,905
- Compensation: $13,385
- Related: $432,778
- Other: $37,962
- Compensation: $6,594
- Related: $323,114
- Other: $16,797
- Compensation: $3,483
- Related: $170,668
- Other: $28,369
- Compensation: $15,491
- Related: $139,415
- Other: $28,831
- Compensation: $112,683
- Related: $0
- Other: $19,924
- Compensation: $14,873
- Related: $282,584
- Other: $31,229
- Compensation: $5,872
- Related: $287,728
- Other: $16,684
- Compensation: $3,914
- Related: $191,762
- Other: $28,974
- Compensation: $3,705
- Related: $181,565
- Other: $25,293
- Compensation: $4,775
- Related: $233,969
- Other: $2,211
- Compensation: $4,204
- Related: $205,975
- Other: $30,779
Official website here: www.servicesource.org
Where can I find the form 990 for Homes For Independence Inc?
Homes For Independence Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.servicesource.org
Learn more at the official website: www.servicesource.org
Mission Statement of Homes For Independence Inc
Homes for Independence Inc, a 501(c)(3) organization, is dedicated to facilitating services, resources, and partnerships to support individuals with disabilities and their families, caregivers, and community members. The mission of this nonprofit is to build more inclusive communities by providing necessary aid and fostering collaborations. They strive to empower those they serve, ensuring they have access to the resources they need to live independently and contribute positively to their communities.
Homes for Independence Inc operates through various regional offices located across more than 10 states and the District of Columbia. Their services include providing affordable, accessible, and safe housing for individuals with low income and disabilities, such as in condominium units integrated into established communities with easy access to shopping and transportation. In addition to housing, they offer housing counseling services, veterans housing through Duval Park in St. Petersburg, FL, and a range of support services for veterans and their families.
By offering these programs and services, Homes for Independence Inc helps individuals with disabilities achieve greater independence and integration into their communities. Their mission is to create a more inclusive society where people with disabilities can live, work, and thrive alongside their able-bodied counterparts, thereby fostering a more just and equitable society for all.
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Impact
July, 2024
Homes For Independence Inc's impact lies in providing affordable, accessible, and safe housing for individuals with low incomes and disabilities. Through programs like inclusive, accessible, and affordable rentals in various counties and veterans housing initiatives, they have positively impacted over 310 families by ensuring they have a place to call home. Additionally, their housing counseling services support individuals with disabilities and their families in navigating the complexities of finding suitable housing. This organization's work contributes to building more inclusive communities and improving the quality of life for those they serve.
This information is meant to be a general summary of Homes For Independence 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: -$1,597
- Program Service Revenue: $694,905
- Gross Receipts: $694,905
Assets and Liabilities:
- Total Assets: $4,666,831
- Total Liabilities: $13,012,292
- Net Assets: -$8,345,461
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING & MGT FEES
Revenue
$694,905
Organization Details
Founding Year
1995
Phone
(727) 538-7370Principal Officer
Bruce Patterson
Main Address
2735 WHITNEY ROAD, CLEARWATER, FL, 33760
Website
www.servicesource.orgNTEE Category
Code: L22 - Housing
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