Overview
What is Asset Building Network Inc?
Asset Building Network Inc, based in Houston, Texas, is a nonprofit organization dedicated to assisting homeless veterans on their journey towards self-sufficiency. Their primary mission involves providing Case Management Services, Supportive Housing, Employment opportunities, and Money Management resources. Through their TIP program, a 6-12 month residential support initiative, they offer intensive case management, group therapy, and housing stability to 25 veterans at a time. With a compact team of 4 individuals, Asset Building Network Inc aims to build and restore the lives of those in need, enabling them to regain their independence and live fulfilling lives.
Official website here: www.assetbuildingnetworkinc.org
Is Asset Building Network Inc legitimate?
Asset Building Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asset Building 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: $96,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $142,611
For more financial information, click here
Official website here: www.assetbuildingnetworkinc.org
What is the mission statement of Asset Building Network Inc?
Asset Building Network Inc's mission is centered around assisting individuals and families in regaining self-sufficiency. They accomplish this through the provision of essential services such as Case Management Services, Supportive Housing, Employment, and Money Management. By offering these resources, the organization aims to help those in need build a stable and independent life. One of their programs, the TIP program, is a residential support service for homeless veterans, providing intensive case management, group therapy, and housing stability for a period of 6 to 12 months.
Official website here: www.assetbuildingnetworkinc.org
Who is the CEO of Asset Building Network Inc?
Glory Udoh is the Board Chairman of Asset Building Network Inc.
Official website here: www.assetbuildingnetworkinc.org
What is the revenue of Asset Building Network Inc?
Asset Building Network Inc's revenue in 2020 was $290,104.
Official website here: www.assetbuildingnetworkinc.org
Who are the executives of Asset Building Network Inc and what are their salaries?
The average compensation at Asset Building Network Inc during 2020 was $59,778. There are 4 employees and 4 volunteers at Asset Building Network Inc.
Here are 5 key members and their salaries:
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- Compensation: $96,500
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- Other: $0
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Official website here: www.assetbuildingnetworkinc.org
Where can I find the form 990 for Asset Building Network Inc?
Asset Building Network Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.assetbuildingnetworkinc.org
Learn more at the official website: www.assetbuildingnetworkinc.org
Mission Statement of Asset Building Network Inc
Asset Building Network Inc, a nonprofit organization, is committed to helping individuals and families achieve self-sufficiency. Their mission is accomplished through the provision of various services, including Case Management Services, Supportive Housing, Employment, and Money Management. By offering these resources, Asset Building Network Inc aims to restore and empower its clients, enabling them to regain control of their lives.
The organization's approach is holistic, addressing multiple aspects that contribute to a person's ability to become self-sufficient. Case Management Services provide personalized support to each client, ensuring they receive the assistance they need to overcome challenges. Supportive Housing offers a stable living environment, which is essential for individuals to focus on other aspects of their lives, such as employment and financial management. Employment services help clients secure and maintain meaningful work, contributing to their financial independence. Lastly, the Money Management component of Asset Building Network Inc's offerings equips clients with the skills necessary to manage their finances effectively.
In essence, Asset Building Network Inc's mission is to empower individuals and families by providing the necessary tools and resources to help them achieve self-sufficiency. By offering Case Management Services, Supportive Housing, Employment, and Money Management, the organization creates an environment that fosters personal growth, stability, and financial independence.
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Impact
October, 2024
Asset Building Network Inc significantly impacts individuals and families by fostering self-sufficiency and stability through comprehensive support services. Their intensive case management, especially evident in programs like the TIP program, provides homeless veterans with crucial resources over a 6-12 month period. This residential support program, housing 25 veterans, focuses on intensive case management, group therapy, and housing stability, addressing both immediate needs and long-term recovery.
Through their commitment to case management services, supportive housing, and employment assistance, Asset Building Network Inc empowers participants to regain control over their lives and move towards economic independence. Their multifaceted approach includes money management training, equipping individuals with the skills necessary for sustainable financial health. In Houston, Texas, this organization plays a vital role in transforming lives, helping to restore hope and agency among those in vulnerable situations.
This information is meant to be a general summary of Asset Building 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 2020.
- Program Service Revenue: $43,633
- Gross Receipts: $290,104
Assets and Liabilities:
- Total Assets: $36,694
- Total Liabilities: $135,828
- Net Assets: -$99,134
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Participant fees
Revenue
$43,633
Organization Details
Founding Year
1999
Phone
(713) 776-3925Principal Officer
Glory Udoh
Main Address
PO Box 711212, Houston, TX, 77271
NTEE Category
Code: P20 - Human services
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