Overview
What is Nela Housing And Supportive Services Corporation?
Nela Housing And Supportive Services Corporation, also known as the HOME Coalition, is a nonprofit organization situated in Monroe, Louisiana. Their primary mission is to combat homelessness in the 12 parishes of Northeast Louisiana by serving as the designated Continuum of Care organization. They coordinate various homeless services, assemble stakeholders for collaboration, and compile applications for HUD CoC Program funds. The organization's efforts include regional planning, data collection, and reporting, ensuring the proper allocation and utilization of federal funds totaling $1,936,324. Their activities are supported by approximately 40 member organizations, which include service providers, main benefits organizations, healthcare entities, law enforcement, donors, governments, and businesses. Regular meetings and training sessions are held to assess local needs, plan responses, and track regional outcomes data, with the aim of ending homelessness and creating a safe and valued community for all residents. In 2020, their service area ranked 14th among top-performing regions in the U.S., achieving national benchmarks for returning individuals to housing.
Official website here: www.nelahomecoalition.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating.
Nela Housing and Supportive Services Corporation has achieved a perfect score of 100%, reflecting exceptional accountability and financial transparency. This top-tier rating indicates that the organization is effectively managing its resources and demonstrating a high level of integrity in its operations. The charity's strong performance is primarily attributed to its commitment to maintaining an independent board and its adherence to sound financial practices.
The organization boasts a fully independent board with 15 members, and it has received full points across various accountability metrics, including conflict of interest and whistleblower policies. Its financial statements are thoroughly reviewed, and it has demonstrated no material diversion of assets, further reinforcing its reputation as a trustworthy charity. Additionally, the program expense ratio is impressively high at 97.36%, indicating that nearly all its resources are directed toward its charitable programs.
Despite these strong points, the summary does not provide detailed insights into the specific programs and services offered by Nela Housing and Supportive Services Corporation. This information would be beneficial for potential donors and beneficiaries to understand the impact of their support. Overall, the organization stands out for its robust governance and financial health, making it a commendable option for those looking to contribute to a cause focused on housing and supportive services.
This AI summary has been generated from information found on Charity Navigator.
Is Nela Housing And Supportive Services Corporation legitimate?
Nela Housing And Supportive Services Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nela Housing And Supportive Services 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: $45,824
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.nelahomecoalition.org
What is the mission statement of Nela Housing And Supportive Services Corporation?
Nela Housing and Supportive Services Corporation aims to establish a homelessness-free community where everyone feels secure and valued. As the designated Continuum of Care organization, they coordinate regional planning, services, data collection, and reporting for homelessness-related programs. Their mission involves addressing the needs of various stakeholders, including service providers, mainstream benefits organizations, healthcare providers, law enforcement, donors, governments, and businesses. They submit local applications for HUD CoC Program funds and provide ongoing review and technical assistance to programs funded through this competition. In 2020, they succeeded in ranking among the top performing regions in the U.S., achieving national benchmarks in returning individuals to housing.
Official website here: www.nelahomecoalition.org
Who is the CEO of Nela Housing And Supportive Services Corporation?
Sarah B Johnson is the Executive Director of Nela Housing And Supportive Services Corporation.
Official website here: www.nelahomecoalition.org
What is the revenue of Nela Housing And Supportive Services Corporation?
Nela Housing And Supportive Services Corporation's revenue in 2022 was $667,307.
Official website here: www.nelahomecoalition.org
Who are the executives of Nela Housing And Supportive Services Corporation and what are their salaries?
The average compensation at Nela Housing And Supportive Services Corporation during 2022 was $45,824. There is 1 employee and 20 volunteers at Nela Housing And Supportive Services Corporation.
Here are 16 key members and their salaries:
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Official website here: www.nelahomecoalition.org
Where can I find the form 990 for Nela Housing And Supportive Services Corporation?
Nela Housing And Supportive Services Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nelahomecoalition.org
Learn more at the official website: www.nelahomecoalition.org
Mission Statement of Nela Housing And Supportive Services Corporation
Nela Housing and Supportive Services Corporation, as a dedicated organization, strives to construct a community devoid of homelessness where every individual feels secure and valued. Their mission is to serve as the regional Continuum of Care organization, coordinating homeless services, assembling stakeholders, and collaborating to eradicate homelessness. They fulfill the HUD CoC Program Interim Rule 24 CFR 579, overseeing regional planning, services, data collection, and reporting for 12 parishes in Northeast Louisiana. Nela Housing and Supportive Services Corporation compiles and submits local applications for HUD CoC Program funds, ensuring the allocation of federal funds towards homeless services in the region. The organization's membership, comprising around 40 organizations, meets regularly to assess local needs and plan responses, with training sessions provided throughout the year. Nela Housing and Supportive Services Corporation's efforts have resulted in Northeast Louisiana ranking 14th among top-performing regions in the U.S., achieving national benchmarks in returning individuals to housing.
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Impact
July, 2024
Nela Housing And Supportive Services Corporation plays a crucial role in addressing homelessness in Northeast Louisiana by coordinating regional efforts, providing essential services, and securing much-needed funding through HUD's Continuum of Care program. With a membership of around 40 organizations, including service providers, government entities, and businesses, Nela Housing actively collaborates to address homelessness, assess local needs, and plan effective responses. By leveraging federal funds totaling $1,936,324, the organization supports programs that help individuals experiencing homelessness secure stable housing and access necessary services. Through training sessions, data tracking, and ongoing community engagement, Nela Housing is working towards its mission of creating a community where homelessness is eradicated and every individual feels safe and valued. In 2020, the organization's efforts resulted in Northeast Louisiana ranking 14th in the U.S. for its success in achieving national benchmarks for ending homelessness.
This information is meant to be a general summary of Nela Housing And Supportive Services 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: $667,307
Assets and Liabilities:
- Total Assets: $10,620
- Total Liabilities: $0
- Net Assets: $10,620
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Organization Details
Founding Year
1999
Phone
(318) 807-6200Principal Officer
Sarah B Johnson
Main Address
1515 Jackson Street, Monroe, LA, 71202
Website
www.nelahomecoalition.orgNTEE Category
Code: L21 - Housing
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