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The Inn Between Of Longmont Inc

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

EIN: 841476894 ✦ Longmont, CO ✦ Designated as a 501(c)(3)

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Overview

What is The Inn Between Of Longmont Inc?

The Inn Between of Longmont Inc is a dedicated nonprofit organization situated in Longmont, Colorado. Their primary mission is to provide supportive housing and promote long-term stability for diverse individuals and families dealing with homelessness. They achieve this through affordable housing, educational programs, and community collaborations. The Inn's housing is designed to be time-limited and low-cost, offering a safe environment for over 200 residents annually, including families, seniors, veterans, immigrants, and disabled individuals. They prioritize empowering residents to achieve self-sufficiency through personalized success plans, life skills training, and financial management support. Their programs have demonstrated success in securing stable housing and improving residents' financial, educational, and household management abilities. The community is a significant partner in their mission, with 16 local agencies collaborating to expand equitable access to services. Unfortunately, the scarcity of affordable housing options in the area presents a substantial challenge for program graduates.


Official website here: www.theinnbetween.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 99%, Four-Star out of Four Star Rating

The Inn Between of Longmont has achieved an impressive 99% rating on Charity Navigator, reflecting their strong commitment to accountability and finance. The organization scored perfectly in areas such as independent board governance and financial oversight. Their program expense ratio is notable at 83.15%, indicating that a significant portion of their expenses directly support their mission.

User reviews highlight a mix of positive and negative experiences. Many clients, like those who have benefited from programs offered by The Inn, express gratitude for the financial support and life skills training that helped them regain stability. Their stories suggest that the organization plays a vital role in assisting families and individuals facing homelessness and financial difficulties.

Conversely, some feedback points to concerns regarding safety and the living environment. A review noted issues with screening residents, which led to feelings of unsafety due to the presence of individuals with troubling backgrounds. This indicates that while The Inn provides essential services, there are challenges in maintaining a secure and positive environment for all residents. Overall, The Inn Between of Longmont is recognized for making a significant impact in the community while facing ongoing challenges in managing diverse resident needs.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is The Inn Between Of Longmont Inc legitimate?

The Inn Between Of Longmont Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Inn Between Of Longmont 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: $122,627
Professional Fundraising Fees: $0
Other Salaries and Wages: $576,663

For more financial information, click here


Official website here: www.theinnbetween.org

What is the mission statement of The Inn Between Of Longmont Inc?

The Inn Between of Longmont Inc's mission is centered around providing supportive housing and promoting stability for diverse homeless families and individuals. This is achieved through the utilization of community resources, advocacy, and life skills training. The organization views stable housing as a foundation for future growth, with supplemental supportive services serving as a structural support for long-term stability. Affordable housing, defined as housing costs being 30% of the Area Median Income, is considered crucial for creating thriving communities, strengthening families, and addressing racial inequities in wealth, health, and education. The Inn Between's supportive housing program aims to provide safe and affordable housing, educate and support residents to become self-sufficient, and collaborate with the community to address homelessness and affordable housing gaps.


Official website here: www.theinnbetween.org

Who is the CEO of The Inn Between Of Longmont Inc?

Timothy Rakow is the Executive Di of The Inn Between Of Longmont Inc.


Official website here: www.theinnbetween.org

What is the revenue of The Inn Between Of Longmont Inc?

The Inn Between Of Longmont Inc's revenue in 2022 was $1,770,987.


Official website here: www.theinnbetween.org

Who are the executives of The Inn Between Of Longmont Inc and what are their salaries?

The average compensation at The Inn Between Of Longmont Inc during 2022 was $38,849. There are 18 employees at The Inn Between Of Longmont Inc.


Here are 11 key members and their salaries:


Timothy Rakow (Executive Di)
  • Compensation: $112,891
  • Related: $0
  • Other: $9,736
Terry Vratny (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eldon Mast (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Ray (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Oest (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norma Fuentes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Marie Polich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelli Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norma Alba (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wyatt Forman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Malik Sommers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.theinnbetween.org

Where can I find the form 990 for The Inn Between Of Longmont Inc?

The Inn Between Of Longmont Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.theinnbetween.org

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

Mission Statement of The Inn Between Of Longmont Inc

The Inn Between of Longmont Inc is dedicated to providing supportive housing and promoting stability for diverse homeless families and individuals. This nonprofit organization achieves its mission by leveraging community resources, advocacy, and life skills training. The Inn Between views stable housing as a crucial foundation for future growth and supplemental supportive services as the structure for long-term stability. By offering affordable housing, the organization aims to create thriving communities, strengthen families, and address racial inequities in wealth, health, and education. In 2022, The Inn Between served 212 residents, including 49 domestic violence survivors, 8 veterans, and 25 immigrants, providing safe and time-limited, low-cost housing for low-income households facing homelessness. The organization's goal is to educate and support residents to become self-sufficient, with 88% achieving housing stability, 66% improving their finances, 43% improving their education, and 67% improving their household management upon program exit. The current resident survey indicated that 94% agreed or strongly agreed that The Inn Between is helping them build stability, with 100% of former resident survey respondents indicating permanent housing retention.

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Impact




July, 2024

The Inn Between Of Longmont Inc has had a significant impact on the community by providing stable and supportive housing to diverse homeless families and individuals. By offering affordable housing at 30% of the Area Median Income (AMI) and supplementing it with supportive services, they have helped residents achieve housing stability and self-sufficiency.

In 2022, the organization served 212 residents, including domestic violence survivors, veterans, disabled individuals, and immigrants. They provided transitional and permanent supportive housing units, with a focus on educating residents to become self-sufficient. Through life skills training and personalized success plans, residents have improved their housing stability, finances, education, and household management.

The Inn Between Of Longmont Inc collaborates with 16 local agencies to address homelessness and affordable housing needs for a diverse, low-income population. This partnership ensures that residents receive the specific services they need, while preventing duplication of efforts.

Their efforts have resulted in a high percentage of program graduates securing stable housing, with former residents maintaining permanent housing retention. The organization's impact is evident through the positive feedback from current and former residents, as well as the continued local presence and utilization of services such as the pantry.




This information is meant to be a general summary of The Inn Between Of Longmont 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.

Revenue
$1,770,987 (2022)
Expenses
$1,952,238 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,489
  • Program Service Revenue: $789,753
  • Gross Receipts: $1,777,870

Assets and Liabilities:

  • Total Assets: $4,579,886
  • Total Liabilities: $2,026,175
  • Net Assets: $2,553,711

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Programs

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

RENTAL INCOME

Revenue

$789,753

Organization Details

Founding Year

1993

Principal Officer

Timothy Rakow

Main Address

515 KIMBARK ST SUITE 107, LONGMONT, CO, 80501

NTEE Category

Code: L41 - Housing

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