Overview
What is Alternative House Incorporated?
Alternative House Incorporated, based in Albuquerque, New Mexico (87102), is a nonprofit organization that offers transitional housing for over 85 adults daily. The primary goal of Alternative House Inc. is to empower these individuals, providing them with necessary training and guidance to regain self-confidence and embark on a fresh start in their communities. With a dedicated workforce of 53 employees, Alternative House Inc. offers a supportive environment that encourages personal growth and community involvement, ultimately aiming to create a positive impact in the lives of its residents.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Alternative House Incorporated has achieved a high rating of 96% from Charity Navigator, indicating strong performance in accountability and finance. This score is entirely based on their commitment to financial integrity and transparency, which is crucial for donor trust and organizational credibility.
The organization shows exemplary governance, with a fully independent board and no material diversion of assets reported. Their financial practices are robust, demonstrated by a high program expense ratio of 84.47%, ensuring that a significant portion of their funds is directed toward their mission-driven programs.
While the ratings reflect a solid financial foundation and commitment to best practices, it's essential for potential donors to consider the specific programs and outcomes associated with the organization. Overall, Alternative House Incorporated demonstrates effective management and accountability, contributing positively to its reputation in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Alternative House Incorporated legitimate?
Alternative House Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alternative House Incorporated 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: $120,138
Professional Fundraising Fees: $0
Other Salaries and Wages: $853,975
For more financial information, click here
Official website here: www.none
What is the mission statement of Alternative House Incorporated?
Alternative House Incorporated, as a residential facility, is committed to aiding adults in need of transitional housing. Its mission is to empower these residents by offering guidance and training, ultimately helping them regain self-confidence and embark on a fresh beginning in their communities. By providing such opportunities, Alternative House Inc. aims to enable its residents to contribute positively to their communities. The facility supports over 85 adults daily in their journey towards self-sufficiency.
Official website here: www.none
Who is the CEO of Alternative House Incorporated?
Robert Knapp is the President of Alternative House Incorporated.
Official website here: www.none
What is the revenue of Alternative House Incorporated?
Alternative House Incorporated's revenue in 2023 was $2,145,761.
Official website here: www.none
Who are the executives of Alternative House Incorporated and what are their salaries?
The average compensation at Alternative House Incorporated during 2023 was $18,379. There are 53 employees at Alternative House Incorporated.
Here are 9 key members and their salaries:
- Compensation: $103,860
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- Other: $6,859
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Alternative House Incorporated
Alternative House Incorporated, a residential facility, is dedicated to assisting adults in need of transitional housing. Its mission is threefold: firstly, to offer a conducive environment where individuals can rebuild their self-confidence. Secondly, Alternative House Inc. aims to provide the necessary guidance for these adults to embark on a new beginning in their communities. Lastly, the organization seeks to empower these residents, enabling them to make a positive impact in their respective communities. By providing training and support, Alternative House Incorporated strives to help its residents transition smoothly back into society, fostering their personal growth and overall well-being.
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Impact
July, 2024
Alternative House Incorporated's impact is significant in helping adults in transition build self-confidence and start anew in their communities. By providing transitional housing for over 85 adults daily, along with training and guidance, Alternative House Inc. plays a crucial role in empowering individuals to make positive changes in their lives. Their mission to assist residents in gaining self-confidence and positively impacting their communities showcases their commitment to fostering personal growth and community betterment.
This information is meant to be a general summary of Alternative House Incorporated. 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: $5,660
- Program Service Revenue: $2,088,191
- Gross Receipts: $2,145,761
Assets and Liabilities:
- Total Assets: $2,760,734
- Total Liabilities: $1,036,512
- Net Assets: $1,724,222
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Federal Contracts
Revenue
$819,441
Room & Board Fees
Revenue
$226,180
State Contracts
Revenue
$1,042,570
Organization Details
Founding Year
1974
Phone
(505) 242-3799Principal Officer
Robert Knapp
Main Address
2206 4th Street NW, Albuquerque, NM, 87102
Website
www.noneNTEE Category
Code: I31Z - Crime
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