Overview
What is Independence Hill Inc?
Independence Hill Inc, located in Denver, Colorado, is a nonprofit organization that manages a 14-unit low-income housing project called Independence Hill Apartments. Situated in Moscow, Idaho, this project offers affordable housing to elderly and handicapped individuals. The organization's primary mission is to provide essential housing facilities and services to this vulnerable group, upholding its dedication to enhancing the living conditions of low-income elderly and handicapped individuals.
Official website here: www.mercyhousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating). This score reflects a strong emphasis on accountability and finance, which is the sole criterion considered in this rating. The high score suggests that Independence Hill Inc demonstrates a solid commitment to financial accountability and transparency within its operations.
The organization scored particularly well in several key areas, including no material diversion of assets and a high program expense ratio of 95.24%, indicating that a large portion of its funds is directed towards its programs. Additionally, it has comprehensive policies in place, such as conflict of interest, whistleblower, and document retention policies, which are all fully documented and available, showcasing a well-structured governance framework.
However, while the financial metrics are impressive, the single-beacon focus means that other aspects, such as program effectiveness or donor reviews, are not evaluated in this score. Potential donors may want to seek additional information about the organization’s impact to gain a fuller understanding of its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Independence Hill Inc legitimate?
Independence Hill Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Independence Hill 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: $40,613
For more financial information, click here
Official website here: www.mercyhousing.org
What is the mission statement of Independence Hill Inc?
Independence Hill Inc, as an organization, is dedicated to providing housing facilities and services for individuals who fall under the low-income elderly and handicapped categories. They operate a 14-unit housing project, known as Independence Hill Apartments, to cater to this specific population. The primary goal of Independence Hill Inc is to ensure that these individuals have access to suitable housing, thereby enhancing their quality of life.
Official website here: www.mercyhousing.org
Who is the CEO of Independence Hill Inc?
Joseph Thompson is the President/Director of Independence Hill Inc.
Official website here: www.mercyhousing.org
What is the revenue of Independence Hill Inc?
Independence Hill Inc's revenue in 2022 was $174,640.
Official website here: www.mercyhousing.org
Who are the executives of Independence Hill Inc and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $163,550
- Other: $10,385
- Compensation: $0
- Related: $215,449
- Other: $8,873
- Compensation: $0
- Related: $226,767
- Other: $50,526
- Compensation: $0
- Related: $228,009
- Other: $33,552
- Compensation: $0
- Related: $93,499
- Other: $412
- Compensation: $0
- Related: $189,811
- Other: $4,240
Official website here: www.mercyhousing.org
Where can I find the form 990 for Independence Hill Inc?
Independence Hill Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mercyhousing.org
Learn more at the official website: www.mercyhousing.org
Mission Statement of Independence Hill Inc
Independence Hill Inc, as a nonprofit organization, is dedicated to providing housing facilities and services to low-income elderly and handicapped individuals. Their mission is centered around ensuring these vulnerable groups have access to suitable living arrangements. By owning and operating a 14-unit low-income housing project, Independence Hill Apartments in Moscow, Idaho, they offer a residential space specifically designed for the elderly and handicapped. This housing project serves as a safe and supportive environment, providing these individuals with a place to call home.
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
Independence Hill Inc focuses on addressing the critical housing needs of low-income elderly and handicapped individuals in Moscow, Idaho, through its 14-unit apartment complex, Independence Hill Apartments. By providing safe, affordable housing, the organization enables residents to maintain their independence while accessing essential services tailored to their specific needs. This initiative not only enhances the quality of life for residents but also fosters a sense of community and support among neighbors facing similar challenges. Through its commitment to creating inclusive living environments, Independence Hill Inc plays a vital role in improving the overall well-being of vulnerable populations in the region.
This information is meant to be a general summary of Independence Hill 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: $5
- Program Service Revenue: $59,001
- Gross Receipts: $174,640
Assets and Liabilities:
- Total Assets: $704,340
- Total Liabilities: $321,930
- Net Assets: $382,410
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.
NET RENTAL REVENUE
Revenue
$57,889
ANCILLARY SERVICES
Revenue
$695
OTHER REVENUE
Revenue
$417
Organization Details
Founding Year
2004
Phone
(303) 830-3300Principal Officer
Joseph Thompson
Main Address
1600 BROADWAY SUITE 2000, DENVER, CO, 802025704
Website
www.mercyhousing.orgNTEE Category
Code: L21 - Housing
If you are a representative of Independence Hill 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.