Overview
What is Stepping Out Housing Inc?
Stepping Out Housing Inc, based in Santa Cruz, California, is a nonprofit organization dedicated to improving housing conditions for low-income individuals. Their primary mission is to provide affordable housing, striving to make a significant difference in the lives of those in need. Beyond just housing, they offer support programs to ensure a comfortable living environment for the beneficiaries.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star rating
Stepping Out Housing Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization excels in various governance aspects, with 100% of its board members being independent, as well as strong scores in audit oversight and conflict of interest policies. These factors contribute to a sense of trust and transparency in their operations.
Financially, the program expense ratio is commendable at 78.42%, showing that the majority of funds are directed toward their mission-related programs. However, the organization faces challenges with its liabilities to assets ratio, scoring low in this area, which may raise concerns about its financial stability and sustainability in the long term.
Overall, while Stepping Out Housing Inc demonstrates strong governance and program efficiency, potential donors and stakeholders may want to consider the financial liabilities when evaluating the organization's overall health and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Stepping Out Housing Inc legitimate?
Stepping Out Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stepping Out Housing 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: $0
For more financial information, click here
What is the mission statement of Stepping Out Housing Inc?
Stepping Out Housing Inc is dedicated to offering affordable housing solutions. The organization's mission is centered around providing low-income housing, aiming to make housing accessible for those who require it most. Based in Santa Cruz, this home improvement or support program is committed to improving the living conditions of its residents, focusing on making a positive impact in the community.
Who is the CEO of Stepping Out Housing Inc?
Monica Martinez is the Chairperson of Stepping Out Housing Inc.
What is the revenue of Stepping Out Housing Inc?
Stepping Out Housing Inc's revenue in 2022 was $451,049.
Who are the executives of Stepping Out Housing Inc and what are their salaries?
There 4 volunteers at Stepping Out Housing Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Stepping Out Housing Inc?
Stepping Out Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Stepping Out Housing Inc
Stepping Out Housing Inc, a home improvement or support program, is dedicated to serving the community by providing low-income housing. This nonprofit organization's mission is centered around offering housing solutions for those in need, seeking to make a significant difference in people's lives. By ensuring access to affordable housing, Stepping Out Housing Inc aims to contribute to a more equitable society where everyone has a safe and stable place to call home. The organization's work is crucial in addressing the housing needs of various communities and helping individuals secure the foundational requirements for a better quality of life.
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Impact
June, 2024
Stepping Out Housing Inc's impact is significant in providing low-income housing in Santa Cruz, CA. Their mission to support individuals in need of affordable housing directly addresses a pressing social issue in the community. By offering a solution to the lack of adequate housing options for those with limited financial resources, Stepping Out Housing Inc positively impacts the lives of individuals and families who would otherwise struggle to secure stable and safe living arrangements. Additionally, their focus on mental health suggests a holistic approach to supporting vulnerable populations, further enhancing their impact on the community.
This information is meant to be a general summary of Stepping Out Housing 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: $184
- Program Service Revenue: $62,778
- Gross Receipts: $451,049
Assets and Liabilities:
- Total Assets: $531,280
- Total Liabilities: $599,218
- Net Assets: -$67,938
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING
Revenue
$62,778
Organization Details
Founding Year
1987
Phone
(831) 469-1700Principal Officer
Monica Martinez
Main Address
380 ENCINAL STREET 200, SANTA CRUZ, CA, 95060
NTEE Category
Code: F33Z - Mental health
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