nonprofit logo

Homeword Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 810522626 ✦ Missoula, MT ✦ Designated as a 501(c)(3)

Overview

What is Homeword Inc?

Homeword Inc, located in Missoula, Montana, is a nonprofit organization committed to providing affordable and sustainable housing solutions. They accomplish this by overseeing the asset management of their developed properties, ensuring regulatory compliance and financial management once construction and development are complete. Homeword goes beyond just property management, as they also prioritize community strengthening through housing counseling and educational programs. With a dedicated workforce of 18 employees, Homeword Inc's mission is to create safe and healthy homes for individuals and contribute positively to their community.


Official website here: www.homeword.org

Is Homeword Inc legitimate?

Homeword Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homeword 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.

Here are some key statistics you may want to consider:

Executive Compensation: $456,628
Professional Fundraising Fees: $0
Other Salaries and Wages: $347,195

For more financial information, click here


Official website here: www.homeword.org

What is the mission statement of Homeword Inc?

Homeword Inc's mission is centered around providing safe and affordable housing while also enhancing communities. They achieve this by employing sustainable methods and offering housing counseling and educational services. By doing so, Homeword aims to create a positive impact, ensuring that individuals can live in healthy homes. After the construction and development of properties, Homeword oversees regulatory compliance and financial management to ensure the properties are maintained effectively.


Official website here: www.homeword.org

Who is the CEO of Homeword Inc?

Andrea Davis is the President of Homeword Inc.


Official website here: www.homeword.org

What is the revenue of Homeword Inc?

Homeword Inc's revenue in 2023 was $8,609,814.


Official website here: www.homeword.org

Who are the executives of Homeword Inc and what are their salaries?

The average compensation at Homeword Inc during 2023 was $44,657. There are 18 employees and 50 volunteers at Homeword Inc.

Here are 20 key members and their salaries:

    Andrea Davis (Executive Director)
  • Compensation: $113,731
  • Related: $0
  • Other: $0

    • Heather Mcmilin (Project Development Director)
  • Compensation: $92,874
  • Related: $0
  • Other: $0

    • Matt Joseph (Finance Director)
  • Compensation: $89,808
  • Related: $0
  • Other: $0

    • Karissa Trujillo (Deputy Director)
  • Compensation: $83,495
  • Related: $0
  • Other: $0

    • Beth Hayes (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Meg Haenn (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica Vizzutti (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Erickson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alice Jones (Past President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adrienne Maxwell (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Allison Walsh (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben Bach (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Haroldson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gretchen Hooker (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sara Nelson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan Sears (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maureen Rude (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kaia Peterson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica Allred (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pelah Hoyt (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.homeword.org

    Where can I find the form 990 for Homeword Inc?

    The Homeword Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.homeword.org

    Learn more at the official website: www.homeword.org

    Mission Statement of Homeword Inc

    Homeword Inc, a nonprofit organization, employs sustainable methods to ensure the provision of affordable, safe, and healthy homes for individuals and communities. Beyond constructing and developing properties, Homeword Inc plays a crucial role in strengthening its community by offering housing counseling and educational services. By overseeing the asset management of its properties, Homeword Inc ensures regulatory compliance and financial management, ensuring that the developed homes remain secure and financially sound. Through its housing counseling and education services, Homeword Inc empowers individuals and families to make informed decisions about their housing, ultimately fostering a stronger and more stable community.

    Impact

    This information is meant to be a general summary of Homeword Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Homeword Inc's impact lies in its commitment to providing safe, healthy, and affordable homes while also strengthening communities through housing counseling and education. By utilizing sustainable methods, Homeword ensures that individuals and families have access to quality housing that meets their needs. Additionally, their focus on education and counseling helps empower residents to make informed decisions about housing and financial stability. Through their property management activities, Homeword maintains the quality and sustainability of the properties they develop, contributing positively to the local housing market and community well-being.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $25,414
  • Program Service Revenue: $7,211,245
  • Gross Receipts: $8,609,814

    • Assets and Liabilities:
  • Total Assets: $58,911,808
  • Total Liabilities: $24,857,550
  • Net Assets: $34,054,258
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Rents

    Revenue

    $5,149,732

    Developer Fees

    Revenue

    $688,825

    Other Services

    Revenue

    $607,629

    Fees for Services

    Revenue

    $404,738

    Loan Interest

    Revenue

    $363,220

    Organization Details

    Founding Year

    1998

    Principal Officer

    Andrea Davis

    Main Address

    1535 Liberty Lane 116A, Missoula, MT, 59808

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Homeword 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.