Overview
What is The Homestead Community Development Corporation?
The Homestead Community Development Corporation is a nonprofit organization that offers a wide range of services to support individuals in need. Their mission encompasses providing educational, social, and healthcare services, including HIV education, teen education, and food bank assistance. They also offer training seminars and on-the-job training opportunities, as well as shelter services for those in need. Their initiatives extend to renovation, housing, and new construction projects, and they provide counseling services, job placement assistance, and development programs. Additionally, they engage in community outreach in health, offer support for veterans, seniors, and individuals with disabilities, and serve those with Intellectual and Developmental Disorders (IDD).
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. The Homestead Community Development Corporation has received a moderate rating which indicates some strengths in governance and financial management, particularly with a perfect score in program expense ratio and a very low liabilities to assets ratio. This suggests effective use of resources toward their programs and a strong financial footing.
Strengths of the organization include a fully independent board, with 10 out of 10 points awarded for both majority independent board members and board size. Additionally, they have demonstrated good practices in documenting board meeting minutes and managing assets, which are critical for transparency and accountability.
However, there are notable limitations, primarily the absence of several key policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which resulted in lower scores in those areas. Furthermore, the nonprofit has not posted its tax forms on its website, a requirement for transparency, which may raise concerns among donors and stakeholders about accessibility to important financial information.
This AI summary has been generated from information found on Charity Navigator.
Is The Homestead Community Development Corporation legitimate?
The Homestead Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Homestead Community Development Corporation 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 The Homestead Community Development Corporation?
The Homestead Community Development Corporation's mission is centered around providing various services to individuals in need. This encompasses educational and social services, HIV and teen education, food banks, training seminars, and on-the-job training services. They also offer shelter services, housing renovation and new construction, counseling services, job placement, development programs, and community outreach in health. Their scope of work extends to veteran services, services for seniors and individuals with disabilities, and those with Intellectual and Developmental Disorders (IDD).
Who is the CEO of The Homestead Community Development Corporation?
Lornia A Parker is the Director of The Homestead Community Development Corporation.
What is the revenue of The Homestead Community Development Corporation?
The Homestead Community Development Corporation's revenue in 2022 was $19,744.
Who are the executives of The Homestead Community Development Corporation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Homestead Community Development Corporation?
The Homestead Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Homestead Community Development Corporation
The Homestead Community Development Corporation is a non-profit organization that is committed to serving a diverse range of individuals. Its mission is to provide various educational and social services, including HIV education, teen education, food bank assistance, and on-the-job training. The corporation also offers counseling services, job placement, and development programs to help individuals gain the skills they need to succeed. Furthermore, The Homestead provides shelter services, renovation, and housing, as well as new construction for those in need.
Beyond these essential services, The Homestead Community Development Corporation extends its support to veterans, senior citizens, individuals with disabilities, and those with Intellectual and Developmental Disorders (IDD). They offer community outreach in health, providing vital resources and information. Additionally, they offer training seminars and veteran services, aiming to uplift and empower these vulnerable populations. In summary, The Homestead Community Development Corporation is a comprehensive resource, offering a wide array of services designed to support and empower individuals from various backgrounds.
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Impact
August, 2024
The Homestead Community Development Corporation positively impacts the Houston community by providing a wide range of essential services to individuals. These services include educational resources, social support, HIV education, teen education, access to a food bank, training seminars, on-the-job training opportunities, shelter services, renovation assistance, housing support, counseling services, job placement assistance, development programs, community outreach in health, veteran services, services for seniors and those with disabilities, and services for individuals with intellectual and developmental disabilities. This organization plays a crucial role in addressing various needs within the community and empowering individuals to lead healthier and more stable lives.
This information is meant to be a general summary of The Homestead Community Development Corporation. 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.
- Gross Receipts: $19,744
Assets and Liabilities:
- Total Assets: $878,782
- Total Liabilities: $0
- Net Assets: $878,782
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Organization Details
Principal Officer
Lornia A Parker
Main Address
10914 BRIDLEPARK CIRCLE, HOUSTON, TX, 77016
NTEE Category
Code: P20 - Human services
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