Overview
What is Revitalize Home Mortgage Inc?
Revitalize Home Mortgage Inc, located in Youngstown, Ohio, is a dedicated nonprofit organization. Their primary mission is to revitalize underserved communities in Mahoning Valley by offering sustainable homeownership opportunities. They accomplish this by providing access to essential capital and education resources. Their work aims to strengthen neighborhoods by empowering homeowners, enhancing community living standards, and fostering a sense of pride and stability within the affected areas.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Stars
Revitalize Home Mortgage Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial health. The organization scored a perfect 100% in several key areas, indicating a robust governance structure with a fully independent board and no material diversion of assets.
Strengths include a program expense ratio of 99.99%, demonstrating that nearly all of its funding is directed towards its mission-related activities. Additionally, the nonprofit has established comprehensive policies addressing conflict of interest, whistleblower protections, and document retention, further fortifying its operational integrity.
Despite its strengths, the rating does not highlight any specific limitations. The overall score derived from the accountability and finance metrics offers a positive view of Revitalize Home Mortgage Inc's financial stewardship and commitment to transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Revitalize Home Mortgage Inc legitimate?
Revitalize Home Mortgage Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Revitalize Home Mortgage 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.
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What is the mission statement of Revitalize Home Mortgage Inc?
Revitalize Home Mortgage Inc's mission is centered around promoting neighborhood revitalization. They achieve this by creating sustainable homeownership opportunities in underserved communities. The organization provides access to essential capital and educational resources to facilitate this process. Their goal is to revitalize neighborhoods and make homeownership a viable option for those who might otherwise be excluded. They operate in an unspecified location, focusing on underprivileged communities, aiming to improve living conditions and stimulate local development.
Who is the CEO of Revitalize Home Mortgage Inc?
Ian Beniston is the President of Revitalize Home Mortgage Inc.
What is the revenue of Revitalize Home Mortgage Inc?
Revitalize Home Mortgage Inc's revenue in 2020 was $213.
Who are the executives of Revitalize Home Mortgage Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Revitalize Home Mortgage Inc?
Revitalize Home Mortgage Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Revitalize Home Mortgage Inc
Revitalize Home Mortgage Inc is committed to fostering neighborhood revitalization by creating sustainable homeownership opportunities. They accomplish this mission by providing access to capital and education in underserved communities within Mahoning Valley. By doing so, Revitalize Home Mortgage Inc aims to revitalize neighborhoods and make homeownership a viable option for many individuals and families who may have previously been excluded from such opportunities. This mission is crucial in promoting stable and vibrant communities, ultimately improving the quality of life for its residents.
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Impact
October, 2024
Revitalize Home Mortgage Inc has a significant impact on neighborhood revitalization in the Mahoning Valley by creating sustainable homeownership opportunities. By providing access to capital and tailored educational resources, the organization empowers underserved communities in Mahoning County, particularly in Youngstown, Ohio. This support enhances local housing stability, promotes community engagement, and fosters economic growth, ultimately contributing to the overall revitalization of neighborhoods. The focus on education ensures that individuals are not only given the means to purchase homes but are also equipped with the knowledge necessary to maintain them, thereby leading to stronger, more resilient communities.
This information is meant to be a general summary of Revitalize Home Mortgage 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.
- Investment Income: $213
- Gross Receipts: $213
Assets and Liabilities:
- Total Assets: $87,053
- Total Liabilities: $539
- Net Assets: $86,514
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Organization Details
Founding Year
2016
Phone
(330) 480-0423Principal Officer
Ian Beniston
Main Address
820 CANFIELD ROAD, YOUNGSTOWN, OH, 44511
NTEE Category
Code: L25 - Housing
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