Overview
What is Hfcc Inc?
Hfcc Inc, based in San Antonio, Texas, is a nonprofit organization committed to addressing chronic homelessness in the region. Their mission is to establish and maintain a permanent supportive housing community, employing the Housing First principles, for the most vulnerable and marginalized individuals. Currently, they have 43 residents living on campus, with an additional 13 expected to join by year-end. With the completion of the project, 209 individuals will secure a home, transitioning from life on the streets of San Antonio. The organization, with a workforce of 8, relies on community support to make a significant impact in the lives of their senior neighbors experiencing homelessness.
Official website here: www.hfcommunitas.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
HFCC Inc has received a two-star rating from Charity Navigator, reflecting an overall score of 62%. While the organization demonstrates strong governance with 100% independent board members and a robust accountability framework, it faces challenges in financial management, particularly with a low program expense ratio and fundraising efficiency. This indicates that a smaller portion of its funds is directed towards programmatic activities, which is a concern for potential donors.
The nonprofit excels in its culture and community engagement, scoring 87% in this category. It has shown an exemplary commitment to collecting and utilizing constituent feedback, which is vital for assessing its impact and improving services. However, the limited equity data and policies suggest that additional focus on equity strategies could enhance its overall effectiveness and outreach.
Despite its solid governance practices, HFCC Inc must address its financial performance to improve its ratings and better fulfill its mission. The organization is encouraged to increase its program expenditures and enhance fundraising strategies to ensure more resources are available for its core activities.
This AI summary has been generated from information found on Charity Navigator.
Is Hfcc Inc legitimate?
Hfcc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hfcc 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: $103,846
Professional Fundraising Fees: $52,500
Other Salaries and Wages: $168,953
For more financial information, click here
Official website here: www.hfcommunitas.org
What is the mission statement of Hfcc Inc?
Hfcc Inc, through its mission, aims to establish and maintain a permanent supportive housing community utilizing Housing First principles for the most marginalized and vulnerable individuals. This initiative is aimed at providing a stable living environment for those in need, particularly in the San Antonio region. The organization's goal is to transition individuals living on the streets into homes, improving their living conditions and providing them with a sense of security and stability. At the time of the last update, Towne Twin Village, a project under Hfcc Inc, had 43 residents living on campus, with an additional 13 expected to move in by the end of the year. Upon completion, the project is expected to provide homes for 209 individuals who were previously homeless.
Official website here: www.hfcommunitas.org
Who is the CEO of Hfcc Inc?
Edward Gonzales is the Executive Dir. of Hfcc Inc.
Official website here: www.hfcommunitas.org
What is the revenue of Hfcc Inc?
Hfcc Inc's revenue in 2022 was $6,255,013.
Official website here: www.hfcommunitas.org
Who are the executives of Hfcc Inc and what are their salaries?
The average compensation at Hfcc Inc during 2022 was $34,100. There are 8 employees at Hfcc Inc.
Here are 8 key members and their salaries:
- Compensation: $103,846
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- Other: $0
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Official website here: www.hfcommunitas.org
Where can I find the form 990 for Hfcc Inc?
Hfcc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hfcommunitas.org
Learn more at the official website: www.hfcommunitas.org
Mission Statement of Hfcc Inc
Housing First Community Coalition (HFCC) is an organization committed to establishing and maintaining a sustainable supportive housing community for the most marginalized and vulnerable individuals in their region. Their mission, in simpler terms, is to provide a permanent home for those who are most in need, employing the Housing First principles. This approach prioritizes offering housing as a basic need, rather than requiring individuals to meet certain criteria or conditions before gaining access to housing. By doing so, HFCC aims to improve the lives of those currently living on the streets, providing them with a home and a chance to rebuild their lives.
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Impact
July, 2024
Hfcc Inc's impact can be seen in its initiative to create and maintain a permanent supportive housing community in San Antonio, Texas. Through the implementation of Housing First principles, the organization aims to provide a home for the most marginalized and vulnerable individuals in the region. Specifically, Hfcc Inc's Towne Twin Village currently houses 43 residents with more individuals expected to move in soon. Upon completion, a total of 209 individuals will have transitioned from living on the streets to a stable home at TTV. This transformation directly addresses chronic homelessness among senior citizens, showcasing the tangible and life-changing impact of Hfcc Inc's work in the community.
This information is meant to be a general summary of Hfcc 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: $10,774
- Gross Receipts: $6,255,013
Assets and Liabilities:
- Total Assets: $18,142,834
- Total Liabilities: $6,848,421
- Net Assets: $11,294,413
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Organization Details
Founding Year
2017
Phone
(210) 361-4322Principal Officer
Edward Gonzales
Main Address
PO BOX 831728, SAN ANTONIO, TX, 78283
Website
www.hfcommunitas.orgNTEE Category
Code: L41 - Housing
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