nonprofit logo

Yw Homes Inc

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

EIN: 631205100 ✦ Birmingham, AL ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Yw Homes Inc?

YW Homes Inc, based in Birmingham, Alabama, is a recognized Community Housing Development Organization (CHDO) under HUD. Their primary mission is to offer affordable housing solutions to low- to moderate-income families. As a nonprofit organization, they strive to promote and provide affordable housing options within their community, fostering a sense of stability and inclusivity. YW Homes Inc's work is instrumental in addressing the housing needs of those with limited financial resources, contributing to a more equitable living environment.


Official website here: www.ywcabham.org

What do the Facebook reviews say about Yw Homes Inc?

88% of 27 reviewers on Facebook recommend YW Homes Inc. Here is a summary of their reviews:

The majority of reviewers express appreciation for the organization’s dedication to serving the community and providing quality support to those in need. Many users highlight the professionalism and compassion demonstrated by the staff, noting their thoroughness in addressing individual situations. Additionally, several reviews mention positive experiences related to the services offered, reinforcing the belief that YW Homes Inc. makes a genuine impact in the lives of its clients.

While there are a few dissenting opinions, the overall sentiment is largely favorable. People feel that the nonprofit effectively fulfills its mission and truly cares about its beneficiaries, making it a trusted option for those seeking assistance. The positive feedback suggests that many see it as a reliable resource within the community.


This AI summary has been generated from reviews found on Facebook.

Is Yw Homes Inc legitimate?

Yw Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yw Homes 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $73,494

For more financial information, click here


Official website here: www.ywcabham.org

What is the mission statement of Yw Homes Inc?

YW Homes Inc, as a recognized Community Housing Development Organization by the HUD, is committed to promoting and providing affordable housing options for families with low to moderate incomes. Their mission is to ensure that everyone, regardless of their income level, has access to decent and affordable living spaces. By offering affordable rental housing, YW Homes Inc works towards bridging the housing affordability gap in the community, thereby contributing to a more equitable living environment for all.


Official website here: www.ywcabham.org

Who is the CEO of Yw Homes Inc?

Monica Romano is the Vice President/Secretary of Yw Homes Inc. The CEO's salary of Yw Homes Inc is $0 and their total compensation is $156,103.


Official website here: www.ywcabham.org

What is the revenue of Yw Homes Inc?

Yw Homes Inc's revenue in 2022 was $349,846.


Official website here: www.ywcabham.org

Who are the executives of Yw Homes Inc and what are their salaries?

There 10 volunteers at Yw Homes Inc.


Here are 3 key members and their salaries (Yw Homes Inc's CEO's salary is $0 and their total compensation is $156,103):


Andrea Mccaskey (Vice President/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenny Sneed (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larhonda Magras (Ceo)
  • Compensation: $0
  • Related: $146,918
  • Other: $9,185


Official website here: www.ywcabham.org

Where can I find the form 990 for Yw Homes Inc?

Yw Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ywcabham.org

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

Mission Statement of Yw Homes Inc

YW Homes Inc, as a recognized Community Housing Development Organization by the U.S. Department of Housing and Urban Development (HUD), is dedicated to promoting and providing affordable housing solutions for low to moderate income families. Their mission is centered around this objective, striving to make housing accessible for individuals and families who may otherwise struggle to secure a place to call home. By offering affordable rental properties, YW Homes Inc plays a vital role in ensuring that every family has a chance to build a stable and secure living environment.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Yw Homes Inc plays a pivotal role in Birmingham, AL, by addressing the critical need for affordable housing among low to moderate-income families. As a recognized Community Housing Development Organization (CHDO) by HUD, it actively promotes and provides accessible rental housing options, significantly enhancing the quality of life for many individuals and families.

Through its initiatives, Yw Homes Inc not only contributes to stable housing solutions but also fosters community development and economic stability. By ensuring that families have access to affordable homes, the organization helps to break the cycle of poverty and create a foundation for long-term success. Its impact is felt across the community, promoting inclusivity and resilience, while empowering families to thrive in a supportive environment.




This information is meant to be a general summary of Yw Homes 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
$349,846 (2022)
Expenses
$477,499 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1
  • Program Service Revenue: $247,871
  • Gross Receipts: $349,846

Assets and Liabilities:

  • Total Assets: $5,107,020
  • Total Liabilities: $5,159,419
  • Net Assets: -$52,399

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

RENTAL INCOME

Revenue

$247,871

Organization Details

Founding Year

1998

Principal Officer

Monica Romano

Main Address

309 NORTH 23RD STREET, BIRMINGHAM, AL, 35203

NTEE Category

Code: L20 - Housing

If you are a representative of Yw Homes Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.