Overview
What is Welcome House Inc?
Welcome House Inc, located in Covington, Kentucky, is a dedicated nonprofit organization that focuses on addressing homelessness. They offer a comprehensive range of services to help individuals overcome their housing challenges. These include assessment, outreach, case planning, financial education, employment counseling, benefit attainment, and homeless diversion. Their team of service coordinators, or case managers, work closely with participants to connect them to both in-house services and community resources. Additionally, Welcome House Inc has a street outreach team that engages with individuals living in unsuitable conditions, offering them medical care and consultations. The organization's mission is to provide a continuum of services aimed at ending homelessness and promoting stability for each person they assist. With a staff of 83 individuals, Welcome House Inc is committed to making a significant impact in the community.
Official website here: www.welcomehouseky.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Four-Star out of Four Stars (96%)
Welcome House Inc boasts an impressive overall score of 96%, which reflects its strong commitment to accountability and finance. This high rating is derived solely from a comprehensive evaluation of its financial practices, showcasing the organization's dedication to responsible management of resources. The absence of material asset diversions and a robust audit and oversight committee indicate a high level of operational integrity.
The organization benefits from a fully independent board, comprising 19 members, which enhances its governance and decision-making processes. Additionally, it has implemented essential policies such as conflict of interest and whistleblower protection, emphasizing transparency and ethical conduct. With a program expense ratio of 82.92%, the nonprofit effectively allocates a significant portion of its funding towards its mission-driven initiatives.
While the data highlights the organization's strengths in finance and governance, it does not delve into programmatic outcomes or the impact of its services, which may be areas for further exploration. Overall, Welcome House Inc stands out as a well-managed nonprofit that prioritizes accountability and financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Welcome House Inc legitimate?
Welcome House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Welcome House 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: $229,793
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,570,573
For more financial information, click here
Official website here: www.welcomehouseky.org
What is the mission statement of Welcome House Inc?
Welcome House Inc's mission is to provide a continuum of services aimed at ending homelessness and promoting stability for each individual they serve. Their mission is carried out by offering a variety of services such as assessment, outreach, case planning, budgeting and financial education, employment and housing counseling, public benefit attainment, homeless diversion, and community referral services. Service coordinators, acting as case managers, work with participants to link them to both in-house services and community resources. The team also engages individuals living in unsuitable habitations through a street outreach team, which includes a medical component providing minor emergency medical care and consultations.
Official website here: www.welcomehouseky.org
Who is the CEO of Welcome House Inc?
Danielle Amrine is the Chair of Welcome House Inc. The CEO's salary of Welcome House Inc is $123,956 and their total compensation is $124,446.
Official website here: www.welcomehouseky.org
What is the revenue of Welcome House Inc?
Welcome House Inc's revenue in 2022 was $6,591,280.
Official website here: www.welcomehouseky.org
Who are the executives of Welcome House Inc and what are their salaries?
The average compensation at Welcome House Inc during 2022 was $33,739. There are 83 employees and 1036 volunteers at Welcome House Inc.
Here are 26 key members and their salaries (Welcome House Inc's CEO's salary is $123,956 and their total compensation is $124,446):
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Official website here: www.welcomehouseky.org
Where can I find the form 990 for Welcome House Inc?
Welcome House Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.welcomehouseky.org
Learn more at the official website: www.welcomehouseky.org
Mission Statement of Welcome House Inc
Welcome House Inc, a nonprofit organization, is committed to providing a comprehensive solution to end homelessness and promote stability for each individual they serve. Their mission is to offer a continuum of services, ensuring that every person they assist has the necessary resources and support to overcome homelessness and establish a stable living situation.
Welcome House Inc's services encompass various aspects, including assessment, outreach, case planning, budgeting and financial education, employment and housing counseling, benefit public benefit attainment, homeless diversion, and community referral services. The service coordinators, also known as case managers, work closely with participants to link them to both in-house services and other community resources. This collaboration ensures that individuals residing at Welcome House shelter and other local shelters, as well as those who are homeless or at risk of becoming homeless, receive the necessary support.
Furthermore, Welcome House Inc's Street Outreach Team engages with individuals living in places not intended for habitation. This team includes a medical component, providing minor emergency medical care and consultations to those living outside. By offering these comprehensive services, Welcome House Inc aims to support individuals in overcoming homelessness and establishing a stable, secure living situation.
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Impact
July, 2024
Welcome House Inc provides a continuum of services that aim to end homelessness and promote stability for each person they serve. Their Homeless Solutions service area offers assessment, outreach, case planning, budgeting and financial education, employment and housing counseling, benefit attainment, homeless diversion, and community referral services. Service coordinators work closely with participants to connect them to in-house services and other community resources. The street outreach team engages individuals living in places not meant for habitation, providing minor emergency medical care and consultations. Welcome House Inc plays a crucial role in addressing homelessness and supporting individuals in need in Covington, KY.
This information is meant to be a general summary of Welcome House 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: $658,991
- Program Service Revenue: $70,641
- Gross Receipts: $7,960,295
Assets and Liabilities:
- Total Assets: $13,267,086
- Total Liabilities: $571,155
- Net Assets: $12,695,931
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLIENT RENTAL INCOME
Revenue
$35,574
PAYEE REVENUE
Revenue
$35,067
Organization Details
Founding Year
1982
Phone
(859) 431-8717Principal Officer
Danielle Amrine
Main Address
1132 GREENUP STREET, COVINGTON, KY, 41011
Website
www.welcomehouseky.orgNTEE Category
Code: L41 - Housing
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