Overview
What is Hope Homes And Friends Inc?
Hope Homes And Friends Inc is a 501(c)(3) nonprofit organization situated in Langley, Kentucky. Their primary mission is to offer safe and affordable housing to elderly individuals with low income, residing in the Floyd County area. They achieve this by operating a 12-unit apartment complex, with monthly rent subsidized by the U.S. Department of Housing and Urban Development's Section 8 Housing Assistance Payments. This is their sole program service, which justifies their tax-exempt status.
Is Hope Homes And Friends Inc legitimate?
Hope Homes And Friends Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Homes And Friends 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $8,897
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What is the mission statement of Hope Homes And Friends Inc?
Hope Homes And Friends Inc, as a non-profit organization, is committed to providing safe and affordable housing for the elderly. Their primary mission is to cater to the housing needs of elderly individuals with low income, ensuring they reside in decent living spaces. This is achieved through their operation of a 12-unit apartment complex, with rental costs subsidized by the US Department of Housing and Urban Development's Section 8 Housing Assistance Payments. The sole program service provided by Hope Homes And Friends Inc, which contributes to its tax-exempt status, is this housing assistance program.
Who is the CEO of Hope Homes And Friends Inc?
Anna Howell is the Director of Hope Homes And Friends Inc.
What is the revenue of Hope Homes And Friends Inc?
Hope Homes And Friends Inc's revenue in 2022 was $136,395.
Who are the executives of Hope Homes And Friends Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Hope Homes And Friends Inc?
Hope Homes And Friends Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hope Homes And Friends Inc
Hope Homes and Friends Inc is a nonprofit organization dedicated to providing safe and affordable housing for elderly individuals in need. Their mission is centered around offering decent living quarters to those with very low income, residing in the Floyd County, Kentucky area. To achieve this, the organization operates a 12-unit apartment complex, where monthly rent is subsidized by the United States Department of Housing and Urban Development (HUD) through Section 8 Housing Assistance Payments. This is the primary program service provided by Hope Homes and Friends Inc, and it plays a crucial role in securing their tax-exempt status.
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Impact
October, 2024
Hope Homes And Friends Inc has a significant impact on the lives of elderly, low-income individuals in the Floyd County, Kentucky area by providing safe, decent, and affordable housing. Operating a 12-unit apartment complex, the organization addresses the critical need for accessible housing for seniors who may otherwise struggle to find suitable accommodations.
By offering monthly rent subsidized through the U.S. Department of Housing and Urban Development’s Section 8 Housing Assistance Payments, it ensures that residents can afford necessary living arrangements without sacrificing their safety or quality of life. This commitment not only stabilizes their housing situation but also fosters a sense of community among residents, allowing them to enjoy a better quality of life in their later years. The organization's focused mission directly contributes to enhancing the well-being of vulnerable populations in the region.
This information is meant to be a general summary of Hope Homes And Friends 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: $258
- Program Service Revenue: $38,602
- Gross Receipts: $136,395
Assets and Liabilities:
- Total Assets: $843,125
- Total Liabilities: $943,161
- Net Assets: -$100,036
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELDERLY HOUSING RENTS
Revenue
$36,535
TENANT CHARGES
Revenue
$2,067
Organization Details
Founding Year
2002
Phone
(606) 285-3833Principal Officer
Anna Howell
Main Address
402 JOHN M STUMBO DRIVE, LANGLEY, KY, 41645
NTEE Category
Code: L21 - Housing
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