Overview
What is Housing Opportunities Mortgage Assist & Effective Neighborhood Solutions Inc?
Housing Opportunities Mortgage Assist & Effective Neighborhood Solutions Inc, based in Fort Lauderdale, Florida, is a dedicated nonprofit organization. Their primary mission is to improve the lives of disadvantaged residents and neighborhoods in Broward County, Florida, through quality community and economic development initiatives. One of their significant programs is the Supportive Housing for Youth, which offers furnished, subsidized rental apartments for up to 21 young adults who have aged out of the state's foster care and relative care system. This program also provides various forms of supportive services, such as paid internships, job and life coaching, financial capability classes, and school placement, with the goal of helping this at-risk population achieve self-sufficiency. The organization employs a total of 35 individuals in their mission to uplift the community.
Official website here: www.homesfl.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Housing Opportunities Mortgage Assist & Effective Neighborhood Solutions Inc has earned a high rating of 96%, indicating a strong performance in accountability and finance. This rating is derived entirely from their Accountability & Finance score, suggesting that the organization is well-managed and transparent in its financial practices.
The organization boasts an independent board of directors, with 100% of its members being independent. It has also achieved full scores in critical areas such as financial oversight, conflict of interest policies, and document retention practices, which highlights its commitment to ethical governance and operational integrity.
While the financial health appears robust, the program expense ratio of 78.65% indicates a substantial portion of the budget is directed towards programs rather than administrative costs, a positive sign for potential donors. Overall, the strengths in governance and financial accountability make it a trustworthy nonprofit, although ongoing assessment of program impact may be beneficial for a comprehensive understanding of its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Housing Opportunities Mortgage Assist & Effective Neighborhood Solutions Inc?
100% of 13 reviewers on Facebook recommend Housing Opportunities Mortgage Assist & Effective Neighborhood Solutions Inc. Here is a summary of their reviews:
The organization is lauded for its uplifting mission and community-focused approach, particularly in providing unique opportunities for artists. One reviewer highlighted the significant difference HOMES makes by offering creative spaces that facilitate artistic expression in an environment often lacking support for such endeavors. This dedication to enhancing the lives of individuals, especially those facing housing challenges, is a standout feature that resonated with supporters.
Overall, the comments reflect strong support for HOMES, emphasizing its positive impact on both the community and the artistic community. The genuine commitment to uplifting lives through creative initiatives is a driving force behind the high recommendation rate.
This AI summary has been generated from reviews found on Facebook.
Is Housing Opportunities Mortgage Assist & Effective Neighborhood Solutions Inc legitimate?
Housing Opportunities Mortgage Assist & Effective Neighborhood Solutions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Opportunities Mortgage Assist & Effective Neighborhood Solutions 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: $194,515
Professional Fundraising Fees: $0
Other Salaries and Wages: $362,519
For more financial information, click here
Official website here: www.homesfl.org
What is the mission statement of Housing Opportunities Mortgage Assist & Effective Neighborhood Solutions Inc?
The mission of Housing Opportunities Mortgage Assist & Effective Neighborhood Solutions Inc is centered around providing quality community and economic development, specifically benefiting at-risk and disadvantaged residents and neighborhoods. This organization strives to make a positive impact in these communities by offering various support services.
One of their notable initiatives is the Supportive Housing Youth Program. This program offers furnished, subsidized rental apartments for up to 21 young adults aged 18-24 who have aged out of the state's foster care and relative care system. Alongside housing, the program provides various forms of support, such as paid internships, job and life coaching, financial capability classes, and assistance in enrolling in school. The ultimate goal of this program is to help this at-risk population achieve self-sufficiency.
Official website here: www.homesfl.org
Who is the CEO of Housing Opportunities Mortgage Assist & Effective Neighborhood Solutions Inc?
Linda Taylor is the CEO of Housing Opportunities Mortgage Assist & Effective Neighborhood Solutions Inc The CEO's salary of Housing Opportunities Mortgage Assist & Effective Neighborhood Solutions Inc is $113,534 and their total compensation is $125,145.
Official website here: www.homesfl.org
What is the revenue of Housing Opportunities Mortgage Assist & Effective Neighborhood Solutions Inc?
Housing Opportunities Mortgage Assist & Effective Neighborhood Solutions Inc's revenue in 2023 was $1,606,365.
Official website here: www.homesfl.org
Who are the executives of Housing Opportunities Mortgage Assist & Effective Neighborhood Solutions Inc and what are their salaries?
The average compensation at Housing Opportunities Mortgage Assist & Effective Neighborhood Solutions Inc during 2023 was $15,915. There are 35 employees and 10 volunteers at Housing Opportunities Mortgage Assist & Effective Neighborhood Solutions Inc.
Here are 11 key members and their salaries (Housing Opportunities Mortgage Assist & Effective Neighborhood Solutions Inc's CEO's salary is $113,534 and their total compensation is $125,145):
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- Compensation: $113,534
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- Other: $11,611
- Compensation: $80,981
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- Other: $11,611
Official website here: www.homesfl.org
Where can I find the form 990 for Housing Opportunities Mortgage Assist & Effective Neighborhood Solutions Inc?
Housing Opportunities Mortgage Assist & Effective Neighborhood Solutions Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.homesfl.org
Learn more at the official website: www.homesfl.org
Mission Statement of Housing Opportunities Mortgage Assist & Effective Neighborhood Solutions Inc
Housing Opportunities Mortgage Assist & Effective Neighborhood Solutions Inc, often referred to as H.O.M.E.S., is committed to providing quality community and economic development opportunities for at-risk and disadvantaged residents and neighborhoods in Broward County, Florida. Their mission is to create a positive impact in these communities, focusing on empowering those in need and fostering growth and self-sufficiency.
One of H.O.M.E.S.'s significant initiatives is the Supportive Housing for Youths Program. This program aims to assist young adults aged 18-24 who have aged out of the state's foster care and relative care system. By providing furnished, subsidized rental apartments, H.O.M.E.S. offers a safe and stable living environment. Additionally, the program provides various forms of programmatic support, such as paid internships, job and life coaching, financial capability classes, and help enrolling in school. The ultimate goal of this program is to help these at-risk individuals achieve self-sufficiency and lead independent lives.
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Impact
July, 2024
Housing Opportunities Mortgage Assist & Effective Neighborhood Solutions Inc's impact is profound in Broward County, FL. Through its supportive housing youths program, the organization offers furnished, subsidized rental apartments to young adults aged 18-24 who have aged out of the state's foster care system. In addition to housing, the program provides various forms of support such as paid internships, job coaching, financial capability classes, and assistance in continuing education. The goal is to empower this at-risk population to achieve self-sufficiency. By addressing the housing and support needs of disadvantaged youths, H.O.M.E.S. is making a positive impact on the lives of individuals in Broward County, ultimately contributing to the economic and social development of the community.
This information is meant to be a general summary of Housing Opportunities Mortgage Assist & Effective Neighborhood Solutions 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 2023.
- Program Service Revenue: $375,344
- Gross Receipts: $1,641,806
Assets and Liabilities:
- Total Assets: $9,766,919
- Total Liabilities: $3,273,040
- Net Assets: $6,493,879
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$375,344
Organization Details
Founding Year
1998
Principal Officer
Linda M Taylor
Website
www.homesfl.orgNTEE Category
Code: L20 - Housing
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