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Shelter Of Hope Inc

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

EIN: 611148320 ✦ Ashland, KY ✦ Designated as a 501(c)(3)

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Overview

What is Shelter Of Hope Inc?

Shelter of Hope Inc, based in Ashland, Kentucky, is a dedicated nonprofit organization that offers assistance to homeless individuals, families, and veterans. Their services include temporary emergency housing in fully furnished apartments, an in-house pantry, household supplies, personal hygiene items, and rental assistance. The organization also provides rapid re-housing assistance, prevention programs, and collaborates with other social agencies to ensure comprehensive support. The Shelter of Hope's mission is to offer temporary shelter and permanent housing assistance, promoting self-sufficiency, without discrimination based on various factors such as age, race, religion, or sexual orientation. The organization serves five counties in Kentucky: Boyd, Carter, Greenup, Elliott, and Lawrence. With a team of nine dedicated individuals, Shelter of Hope Inc is committed to making a significant impact in the lives of those in need.


Official website here: www.shelterofhope.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88%, Three-Star out of Four Star Rating

Shelter of Hope Inc has achieved a solid three-star rating from Charity Navigator, reflecting its commitment to effective operations and impactful service delivery. The organization's high Impact & Measurement Score of 100 indicates strong outcomes in terms of the services it provides, showcasing its effectiveness in meeting the needs of its client base.

However, the Accountability & Finance Score of 73 suggests there are areas for improvement in financial practices and transparency. Despite this, the organization demonstrates a commitment to providing essential services, such as shelter at rates that are affordable for those earning less than 200% of Fair Market Rent, which highlights its dedication to addressing homelessness in the community.


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

Is Shelter Of Hope Inc legitimate?

Shelter Of Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shelter 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: $79,236
Professional Fundraising Fees: $0
Other Salaries and Wages: $140,394

For more financial information, click here


Official website here: www.shelterofhope.org

What is the mission statement of Shelter Of Hope Inc?

Shelter of Hope Inc's mission is centered around providing temporary and emergency shelter, as well as housing assistance, for individuals and families who are in need of transitional services. This organization aims to help these individuals achieve self-sufficiency. The provisions provided by Shelter of Hope are offered without discrimination based on factors such as age, race, religion, sexual orientation, or gender identity. The organization serves various counties in Kentucky, specifically Boyd, Carter, Greenup, Elliott, and Lawrence. Shelter of Hope's mission is to assist individuals and families in overcoming their housing challenges, ultimately enabling them to lead independent lives.


Official website here: www.shelterofhope.org

Who is the CEO of Shelter Of Hope Inc?

Christopher Fraley is the Board Member of Shelter Of Hope Inc.


Official website here: www.shelterofhope.org

What is the revenue of Shelter Of Hope Inc?

Shelter Of Hope Inc's revenue in 2022 was $653,481.


Official website here: www.shelterofhope.org

Who are the executives of Shelter Of Hope Inc and what are their salaries?

The average compensation at Shelter Of Hope Inc during 2022 was $24,403. There are 9 employees at Shelter Of Hope Inc.


Here are 8 key members and their salaries:


Jackie Boggs (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonny Carpenter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mackey Gaskin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Shelton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruthanne Delong (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brynn Fitzpatrick (Vice - Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Toni Mullins (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anita Vanderpool (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.shelterofhope.org

Where can I find the form 990 for Shelter Of Hope Inc?

Shelter Of Hope Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.shelterofhope.org

Learn more at the official website: www.shelterofhope.org

Mission Statement of Shelter Of Hope Inc

Shelter of Hope Inc is a dedicated organization that aims to provide temporary, emergency shelter and permanent housing assistance for individuals and families in need of transitional services. This nonprofit organization operates with a strong commitment to equality, ensuring no discrimination based on age, race, color, creed, religion, sex, disability, national origin, family status, marital status, sexual orientation, or gender identity. Shelter of Hope Inc serves various counties in Kentucky, specifically Boyd, Carter, Greenup, Elliott, and Lawrence. Their mission is to help these individuals and families transition towards self-sufficiency, offering provisions and resources that empower them to rebuild their lives.

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Impact




July, 2024

Shelter Of Hope Inc provides temporary emergency shelter and permanent housing assistance for individuals, families, and veterans who are homeless or at risk of homelessness in Boyd, Carter, Greenup, Elliott, and Lawrence counties in Kentucky. They offer short-term temporary emergency housing, tenant-based rental assistance, rapid re-housing services, prevention programs, and collaborate with other social agencies to ensure those in need receive the necessary support. Their impact is seen in the lives they transform by guiding individuals and families towards self-sufficiency and providing essential resources without discrimination.




This information is meant to be a general summary of Shelter 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.

Revenue
$653,481 (2022)
Expenses
$781,861 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,203
  • Gross Receipts: $664,242

Assets and Liabilities:

  • Total Assets: $95,662
  • Total Liabilities: $7,942
  • Net Assets: $87,720

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Organization Details

Founding Year

1988

Principal Officer

Christopher Fraley

Main Address

1625 GREENUP AVENUE SUITE 1, ASHLAND, KY, 41101

NTEE Category

Code: L41Z - Housing

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