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Harbor House Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 593401516 ✦ Choctaw, OK ✦ Designated as a 501(c)(3)

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Overview

What is Harbor House Foundation Inc?

Harbor House Foundation Inc, located in Choctaw, Oklahoma, is a nonprofit organization dedicated to assisting impoverished senior men and women. Their primary mission is to operate a home, providing these individuals with a secure place to live. The organization has demonstrated a commendable track record, maintaining an average occupancy rate of 97% throughout the year. Their efforts contribute significantly to the wellbeing of the elderly community in the area, ensuring they have a safe and stable living environment.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 56% (One-Star out of Four Stars)

Harbor House Foundation Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial health. While the organization scores well on aspects such as maintaining an independent board and having a strong program expense ratio at 82.69%, it faces serious challenges with its liabilities to assets ratio (1710.33%) and lacks transparency with missing financial statements and policies.

User feedback highlights a positive impact from the organization's outreach programs, particularly those associated with H.Y.P.E. Reviewers describe transformative experiences, emphasizing the program's ability to inspire and uplift youth. They praise the quality of performances and the heartfelt messages delivered, positioning H.Y.P.E. as a vital resource for young people seeking guidance.

However, the overall financial stability and transparency issues remain crucial for the foundation's sustainability and credibility. While the community impact is noted, potential donors and volunteers may want to consider these financial limitations when evaluating their support for the organization.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Harbor House Foundation Inc legitimate?

Harbor House Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harbor House Foundation 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: $142,897
Professional Fundraising Fees: $0
Other Salaries and Wages: $147,787

For more financial information, click here

What is the mission statement of Harbor House Foundation Inc?

The Harbor House Foundation Inc's mission is centered around providing a living space for impoverished senior men and women. They operate a home, ensuring a comfortable living environment for this demographic. The organization has consistently maintained high occupancy rates, with an average of 97% for the year. In essence, the Harbor House Foundation Inc's primary objective is to aid senior individuals in need by providing them with a secure place to call home.

Who is the CEO of Harbor House Foundation Inc?

Adam Jones is the President of Harbor House Foundation Inc.

What is the revenue of Harbor House Foundation Inc?

Harbor House Foundation Inc's revenue in 2022 was $799,626.

Who are the executives of Harbor House Foundation Inc and what are their salaries?

There 7 volunteers at Harbor House Foundation Inc.


Here are 6 key members and their salaries:


Adam Jones (President)
  • Compensation: $62,072
  • Related: $0
  • Other: $0
William Jones (Director)
  • Compensation: $42,000
  • Related: $0
  • Other: $0
Connie Jones (Secretary)
  • Compensation: $38,825
  • Related: $0
  • Other: $0
Janet Hostetter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Green (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Harbor House Foundation Inc?

Harbor House Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Harbor House Foundation Inc

Harbor House Foundation Inc is dedicated to providing a living space for impoverished senior men and women. Their mission, in essence, is to create a home environment for these individuals who might otherwise struggle with housing. Throughout the year, Harbor House has consistently maintained an impressive average occupancy rate of 97%, demonstrating their commitment to this cause. By offering a place to live, Harbor House Foundation Inc contributes significantly to the well-being of its senior residents, providing them with a sense of stability and security in their later years.

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Impact




July, 2024

Harbor House Foundation Inc makes a significant impact by providing a place to live for senior men and women who are impoverished. They aid these individuals by offering them a safe and supportive environment. This organization in Choctaw, OK has successfully maintained an average 97% occupancy rate throughout the year, ensuring that those in need have a place to call home. Their dedication to serving senior citizens demonstrates a commitment to addressing housing insecurity and improving the quality of life for vulnerable populations.




This information is meant to be a general summary of Harbor House Foundation 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.

Revenue
$799,626 (2022)
Expenses
$1,031,352 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $452,363
  • Gross Receipts: $799,626

Assets and Liabilities:

  • Total Assets: $78,973
  • Total Liabilities: $1,350,701
  • Net Assets: -$1,271,728

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENT INCOME

Revenue

$312,513

MANAGEMENT FEES

Revenue

$139,850

Organization Details

Founding Year

1998

Principal Officer

Adam Jones

Main Address

2707 HARPER ROAD, CHOCTAW, OK, 73020

NTEE Category

Code: P43Z - Human services

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