Overview
What is Wyoming Housing Network Inc?
Wyoming Housing Network Inc, based in Casper, Wyoming, is a nonprofit organization committed to providing affordable housing for residents in various cities across the state, including Casper, Cody, Riverton, Torrington, Powell, Wheatland, Cheyenne, and Guernsey. The organization manages and develops housing facilities through partnerships, owning and operating numerous corporations such as Oregon Trail, LLC, Rock Creek Apartments, LLC, and others. By leveraging limited partnerships, Wyoming Housing Network Inc contributes to the construction and operation of affordable housing facilities. The organization offers financing to support its activities and is the owner of Spring Hill Apartments and Esterbrook Apartments, both providing affordable housing options. Their mission involves educating homebuyers and homeowners, collaborating with partners to create and preserve affordable housing opportunities.
Official website here: www.whninc.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81%, Three-Star out of Four Star rating.
Wyoming Housing Network Inc has achieved an 81% score, reflecting a strong performance in accountability and finance. This score is derived from a comprehensive evaluation of various aspects, indicating that the organization is effectively managing its financial resources and maintaining transparency with its board's independence and oversight practices.
The organization boasts a fully independent board and has received maximum points in several areas, including its conflict of interest policy and financial statement oversight. Its program expense ratio of 74.86% suggests that a significant portion of its expenditures directly supports its mission, which is a positive indicator for potential donors.
However, the organization faces a challenge with its liabilities to assets ratio, scoring 0 out of 15 points in this category. This may raise concerns about its financial health and sustainability. Overall, Wyoming Housing Network Inc demonstrates a commitment to accountability but should address its liabilities to ensure long-term stability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Wyoming Housing Network Inc?
While Wyoming Housing Network Inc. currently has only three reviews on Facebook, the feedback has been overwhelmingly positive. One reviewer highlights the organization as a fantastic resource for information on home purchasing, commending their friendly approach and ability to answer questions effectively.
The recommendation from this reviewer emphasizes the value of the services offered, suggesting that many prospective homebuyers could greatly benefit from the program. Overall, the sentiment is that this nonprofit plays a crucial role in assisting individuals with their housing needs, providing a service that is not only informative but also supportive.
This AI summary has been generated from reviews found on Facebook.
Is Wyoming Housing Network Inc legitimate?
Wyoming Housing Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wyoming Housing Network 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: $757,462
Professional Fundraising Fees: $0
Other Salaries and Wages: $166,900
For more financial information, click here
Official website here: www.whninc.org
What is the mission statement of Wyoming Housing Network Inc?
Wyoming Housing Network Inc's mission is centered around educating homebuyers and homeowners, as well as collaborating with partners to create and preserve affordable housing. The organization's activities extend beyond education, involving the development and management of various housing corporations through limited partnerships, providing financing for associated activities, and owning and managing properties that offer affordable housing solutions. The aim is to provide affordable housing units in various locations, contributing to the well-being of residents in these areas.
Official website here: www.whninc.org
Who is the CEO of Wyoming Housing Network Inc?
Melissa Noah is the Chairperson of Wyoming Housing Network Inc.
Official website here: www.whninc.org
What is the revenue of Wyoming Housing Network Inc?
Wyoming Housing Network Inc's revenue in 2022 was $2,282,532.
Official website here: www.whninc.org
Who are the executives of Wyoming Housing Network Inc and what are their salaries?
The average compensation at Wyoming Housing Network Inc during 2022 was $77,030. There are 12 employees and 11 volunteers at Wyoming Housing Network Inc.
Here are 9 key members and their salaries:
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- Compensation: $120,000
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Official website here: www.whninc.org
Where can I find the form 990 for Wyoming Housing Network Inc?
Wyoming Housing Network Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.whninc.org
Learn more at the official website: www.whninc.org
Mission Statement of Wyoming Housing Network Inc
Wyoming Housing Network Inc, a nonprofit organization, is committed to educating homebuyers and homeowners with an aim to create and preserve affordable housing. Their mission is to serve as a catalyst in this endeavor, collaborating with various partners. The organization's primary focus is on providing affordable housing, with 433 units spread across several cities in Wyoming. Wyoming Housing Network Inc doesn't just own and manage these units but also works in partnerships through limited partnerships, acting as a minority interest general partner. These partnerships aid in the development, construction, and operation of housing facilities. The organization provides financial support for these partnerships, driving their activities forward. Apart from these projects, Wyoming Housing Network Inc is the owner of Spring Hill Apartments and Esterbrook Apartments, both of which continue to support affordable housing.
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Impact
July, 2024
Wyoming Housing Network Inc's impact can be seen through its Affordable Housing Program, which provides 433 units of affordable housing in various cities across Wyoming including Casper, Cody, Riverton, Torrington, Powell, Wheatland, Cheyenne, and Guernsey. The organization, through its development arm, owns and manages multiple housing corporations that work to develop, construct, and operate housing facilities in partnership with limited partnerships. By providing financing and support for these activities, Wyoming Housing Network Inc plays a crucial role in creating and preserving affordable housing options for residents in need.
This information is meant to be a general summary of Wyoming Housing Network 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: $808
- Program Service Revenue: $1,154,325
- Gross Receipts: $2,282,532
Assets and Liabilities:
- Total Assets: $16,807,217
- Total Liabilities: $11,650,213
- Net Assets: $5,157,004
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL ASSISTANCE PAYM
Revenue
$653,089
RENTAL INCOME
Revenue
$389,638
DEVELOPER FEES
Revenue
$112,500
COMPANY ADMIN FEE
Revenue
$56,819
PASS THROUGH ENTITIES
Revenue
-$57,721
Organization Details
Founding Year
2004
Phone
(307) 472-5843Principal Officer
Melissa Noah
Main Address
2345 E 2ND STREET, CASPER, WY, 82609
Website
www.whninc.orgNTEE Category
Code: L20 - Housing
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