Overview
What is Helping Hands Team?
Helping Hands Team is a nonprofit organization situated in Milton, Washington. With a team of five dedicated individuals, their primary mission is to extend aid to those in need, specifically focusing on low-income individuals, the disabled, the elderly, and the homeless. They accomplish this by offering assistance in applying for government loans to purchase homes and making homes available for purchase. Their work is centered around alleviating poverty and providing essential support to vulnerable communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating. This rating reflects the organization's strong accountability and finance practices but raises concerns about transparency and governance.
Helping Hands Team demonstrates strengths in having a majority independent board and maintaining a low liabilities to assets ratio, indicating financial stability. The program expense ratio is also impressive at 94.50%, suggesting that most of its funds are directed towards its mission-related activities.
However, the organization faces significant challenges in transparency, as indicated by its low scores in financial statement availability and key governance policies such as conflict of interest and whistleblower policies. These shortcomings could affect stakeholder trust and highlight areas that need improvement to enhance overall effectiveness and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Helping Hands Team legitimate?
Helping Hands Team is a legitimate nonprofit organization registered as a 501(c)(3) entity. Helping Hands Team 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: $25,932
Professional Fundraising Fees: $0
Other Salaries and Wages: $65,165
For more financial information, click here
What is the mission statement of Helping Hands Team?
The Helping Hands Team's mission is centered around providing assistance to those in need. Specifically, they aim to aid the impoverished, individuals with disabilities, the elderly, and the homeless. Their activities are geared towards delivering this aid, which can include helping low-income individuals apply for government loans to purchase homes and making homes available for purchase.
Who is the CEO of Helping Hands Team?
Sergey Lobodzinskiy is the Lobodzinskiy of Helping Hands Team.
What is the revenue of Helping Hands Team?
Helping Hands Team's revenue in 2022 was $679,414.
Who are the executives of Helping Hands Team and what are their salaries?
The average compensation at Helping Hands Team during 2022 was $18,219. There are 5 employees and 5 volunteers at Helping Hands Team.
Here are 5 key members and their salaries:
- Compensation: $25,932
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- 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 Helping Hands Team?
Helping Hands Team's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Helping Hands Team
Helping Hands Team is a dedicated organization that focuses on providing assistance to those in need. Their mission, in simple terms, is to extend aid to individuals who are financially struggling, disabled, elderly, or homeless. This nonprofit takes a proactive approach in achieving its mission by helping low-income individuals apply for government loans to purchase homes. Furthermore, they also make homes available for purchase, providing an opportunity for those who might otherwise be unable to secure housing. In essence, Helping Hands Team plays a significant role in helping vulnerable populations secure stable living situations, thereby improving their overall quality of life.
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Impact
July, 2024
Helping Hands Team has made a significant impact in Milton, WA by delivering aid to the poor and low income, the disabled, the elderly, and the homeless. They have assisted low income individuals in applying for government loans to buy homes, as well as making homes available for purchase. Through their efforts, they have helped improve the living conditions and housing situations of those in need in the community. Their commitment to providing housing assistance has been instrumental in positively impacting the lives of many individuals facing housing insecurity.
This information is meant to be a general summary of Helping Hands Team. 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: $501,665
- Gross Receipts: $679,414
Assets and Liabilities:
- Total Assets: $1,242,430
- Total Liabilities: $217,000
- Net Assets: $1,025,430
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Loan packager fees
Revenue
$41,885
Low income housing sales
Revenue
$459,780
Organization Details
Founding Year
2020
Phone
(253) 300-4811Principal Officer
Sergey Lobodzinskiy
Main Address
PO Box 546, Milton, WA, 98354
NTEE Category
Code: L82 - Housing
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