Overview
What is Harbor Homes Of Martha's Vineyard Inc?
Harbor Homes of Martha's Vineyard Inc is a nonprofit organization situated in Vineyard Haven, Massachusetts. Their primary mission is to offer temporary shelter and food to homeless individuals during the winter months. Beyond providing basic necessities, the organization aims to empower homeless individuals and families by offering life skills education and support services. This holistic approach aims to help them increase their knowledge, acquire appropriate skills, and enhance their employability, ultimately enabling them to thrive in the community. With a dedicated team of 13 employees, Harbor Homes of Martha's Vineyard Inc is committed to making a significant impact in addressing homelessness in their community.
Official website here: www.harborhomesmv.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Stars
Harbor Homes Of Martha's Vineyard Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The overall score is based solely on their Accountability & Finance metrics. They earned high marks for having a majority of independent board members and proper financial oversight, which reflects a commitment to sound governance practices.
However, the organization has notable limitations, particularly in their policy documentation. They lack a conflict of interest policy, a whistleblower policy, and guidelines for document retention and destruction, which are important for transparency and accountability. While they have a solid financial structure with a low liabilities-to-assets ratio and a reasonable program expense ratio, these missing policies could raise concerns about their operational integrity.
Overall, while Harbor Homes Of Martha's Vineyard Inc demonstrates strong governance in several areas, the absence of critical policies may hinder their overall effectiveness and trust among stakeholders. Addressing these gaps could enhance their rating and improve their standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Harbor Homes Of Martha's Vineyard Inc legitimate?
Harbor Homes Of Martha's Vineyard Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harbor Homes Of Martha's Vineyard 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: $90,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $132,319
For more financial information, click here
Official website here: www.harborhomesmv.com
What is the mission statement of Harbor Homes Of Martha's Vineyard Inc?
Harbor Homes Of Martha's Vineyard Inc's mission is to assist homeless individuals and families by providing them with housing, life skills education, and various support services. The organization aims to help these individuals enhance their knowledge, acquire appropriate skills, and live cooperatively. By doing so, they aim to improve their employability and capacity to thrive in the community. The organization offers housing, food, and temporary shelter during winter months through their winter shelter program.
Official website here: www.harborhomesmv.com
Who is the CEO of Harbor Homes Of Martha's Vineyard Inc?
Timothy Delaney is the Former Exec. of Harbor Homes Of Martha's Vineyard Inc.
Official website here: www.harborhomesmv.com
What is the revenue of Harbor Homes Of Martha's Vineyard Inc?
Harbor Homes Of Martha's Vineyard Inc's revenue in 2022 was $1,422,483.
Official website here: www.harborhomesmv.com
Who are the executives of Harbor Homes Of Martha's Vineyard Inc and what are their salaries?
The average compensation at Harbor Homes Of Martha's Vineyard Inc during 2022 was $17,101. There are 13 employees and 50 volunteers at Harbor Homes Of Martha's Vineyard Inc.
Here are 14 key members and their salaries:
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Official website here: www.harborhomesmv.com
Where can I find the form 990 for Harbor Homes Of Martha's Vineyard Inc?
Harbor Homes Of Martha's Vineyard Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.harborhomesmv.com
Learn more at the official website: www.harborhomesmv.com
Mission Statement of Harbor Homes Of Martha's Vineyard Inc
Harbor Homes of Martha's Vineyard Inc is dedicated to assisting homeless individuals and families by offering them access to housing, life skills education, and supportive services. The organization's goal is to help these individuals enhance their knowledge and acquire appropriate skills, enabling them to live cooperatively and improve their employability. By providing these resources, Harbor Homes of Martha's Vineyard Inc aims to boost their capacity to thrive in the community.
During the winter months, Harbor Homes of Martha's Vineyard Inc offers a winter shelter service, providing temporary shelter and food to homeless individuals. This initiative serves as a vital lifeline for those in need, offering them a temporary respite from the harsh winter conditions while also ensuring they receive nourishment. Through these services, the organization seeks to provide a crucial stepping stone for homeless individuals, supporting them in their journey towards self-sufficiency and a stable life.
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Impact
July, 2024
Harbor Homes Of Martha's Vineyard Inc has a significant impact on the community by providing homeless individuals and families with access to housing, life skills education, and support services. Through their winter shelter program, they offer temporary shelter and food to those in need during the winter months. By helping homeless individuals increase their knowledge, acquire skills to live cooperatively, enhance their employability, and thrive in the community, the organization makes a meaningful difference in the lives of those experiencing homelessness in Vineyard Haven, MA.
This information is meant to be a general summary of Harbor Homes Of Martha's Vineyard 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.
- Program Service Revenue: $103,203
- Gross Receipts: $1,445,589
Assets and Liabilities:
- Total Assets: $2,936,452
- Total Liabilities: $751,278
- Net Assets: $2,185,174
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$55,549
SHELTER RENTS
Revenue
$47,654
Organization Details
Founding Year
2018
Phone
(954) 681-9204Principal Officer
Timothy Delaney
Main Address
PO BOX 4795, VINEYARD HAVEN, MA, 02568
Website
www.harborhomesmv.comNTEE Category
Code: L80 - Housing
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