Overview
What is Tribe Recovery Homes Inc?
Tribe Recovery Homes Inc, based in Denver, Colorado, is a nonprofit organization dedicated to aiding individuals seeking recovery from addiction. With a focus on the Denver Metro area, including cities like Denver, Aurora, Glendale, and Utah Park, the organization offers transitional housing and halfway houses. Their mission is to provide structured, supportive, and shame-free living spaces, enabling individuals to recover and strive for self-sufficiency. With a team of 14 employees, Tribe Recovery Homes Inc offers a pathway to a substance-free life for the community they serve.
Official website here: www.triberecoveryhomes.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 61%
Tribe Recovery Homes Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that while the organization demonstrates some strengths, there are significant areas needing improvement. The accountability and finance score of 61% reflects concerns particularly around governance, as the organization lacks independent board members and essential policies like conflict of interest and document retention. This raises questions about the oversight and decision-making processes within the organization.
On a positive note, the nonprofit maintains a strong program expense ratio of 72.53%, which indicates that a large percentage of its expenses directly support its mission-related programs. Additionally, it exhibits effective fundraising efficiency, with only $0.01 spent to raise a dollar, showcasing its ability to generate funds with minimal cost. The organization also has no materials diversion of assets, reflecting financial integrity.
However, the organization's liabilities to assets ratio of 40.79% suggests a need for improvement in financial sustainability. Furthermore, the absence of independent board members and missing key governance policies could hinder its long-term effectiveness and accountability. Stakeholders may want to consider these factors when evaluating the organization's overall impact and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Tribe Recovery Homes Inc legitimate?
Tribe Recovery Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tribe Recovery Homes 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: $609,239
Professional Fundraising Fees: $0
Other Salaries and Wages: $50,700
For more financial information, click here
Official website here: www.triberecoveryhomes.com
What is the mission statement of Tribe Recovery Homes Inc?
Tribe Recovery Homes Inc. is a non-profit organization dedicated to aiding individuals recovering from substance use disorder. The mission of this organization is to offer transitional housing and halfway houses in various locations, providing structured, judgment-free, and supervised living spaces. This allows individuals to focus on their recovery and strive for self-sufficiency. The organization's primary goal is to offer a supportive environment that empowers individuals on their journey towards recovery and a better life.
Official website here: www.triberecoveryhomes.com
Who is the CEO of Tribe Recovery Homes Inc?
Thomas Hernandez is the CEO of Tribe Recovery Homes Inc The CEO's salary of Tribe Recovery Homes Inc is $113,500 and their total compensation is $113,500.
Official website here: www.triberecoveryhomes.com
What is the revenue of Tribe Recovery Homes Inc?
Tribe Recovery Homes Inc's revenue in 2023 was $3,924,991.
Official website here: www.triberecoveryhomes.com
Who are the executives of Tribe Recovery Homes Inc and what are their salaries?
The average compensation at Tribe Recovery Homes Inc during 2023 was $8,918. There are 74 employees at Tribe Recovery Homes Inc.
Here are 10 key members and their salaries (Tribe Recovery Homes Inc's CEO's salary is $113,500 and their total compensation is $113,500):
- Compensation: $113,500
- Related: $0
- Other: $0
- Compensation: $96,301
- Related: $0
- Other: $0
- Compensation: $82,182
- Related: $0
- Other: $0
- Compensation: $72,410
- Related: $0
- Other: $0
- Compensation: $65,194
- Related: $0
- Other: $0
- Compensation: $60,000
- Related: $0
- Other: $0
- Compensation: $47,492
- Related: $0
- Other: $0
- Compensation: $41,090
- Related: $0
- Other: $0
- Compensation: $25,445
- Related: $0
- Other: $0
- Compensation: $5,625
- Related: $0
- Other: $0
Official website here: www.triberecoveryhomes.com
Where can I find the form 990 for Tribe Recovery Homes Inc?
Tribe Recovery Homes Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.triberecoveryhomes.com
Learn more at the official website: www.triberecoveryhomes.com
Mission Statement of Tribe Recovery Homes Inc
Tribe Recovery Homes Inc, a non-profit organization, is dedicated to offering transitional housing programs and halfway houses within the Denver Metro area. The primary goal of this organization is to provide structured, judgment-free, and supervised living spaces for individuals recovering from substance use disorder. By offering such living arrangements, Tribe Recovery Homes Inc aims to empower these individuals to seek recovery and strive for self-sufficiency. The organization's mission is centered around creating an environment where those in recovery can focus on their healing and rebuilding their lives.
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Impact
June, 2024
Tribe Recovery Homes Inc's impact is profound in the Denver Metro area, offering structured, shame-free, and supervised living spaces for individuals in recovery from substance use disorder. By providing transitional housing programs and halfway houses, Tribe Recovery Homes Inc plays a vital role in supporting individuals seeking recovery and self-sufficiency. The organization's presence in Denver, Aurora, Glendale, and Utah Park, CO, contributes significantly to the community's mental health support system, offering a crucial lifeline for those navigating the challenges of addiction recovery.
This information is meant to be a general summary of Tribe Recovery Homes 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 2023.
- Investment Income: $240
- Program Service Revenue: $1,541,634
- Gross Receipts: $3,924,991
Assets and Liabilities:
- Total Assets: $60,848
- Total Liabilities: $94,825
- Net Assets: -$33,977
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES
Revenue
$1,397,418
SCHOLARSHIPS
Revenue
$144,216
Organization Details
Founding Year
2020
Principal Officer
Thomas Hernandez
Website
www.triberecoveryhomes.comNTEE Category
Code: F50 - Mental health
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