Overview
What is Home Trust Of Ouray County?
Home Trust Of Ouray County is a nonprofit organization situated in Ridgway, Colorado, specifically at 95 Meadows Circle. Their primary mission is to offer an all-encompassing, permanently affordable housing solution for families with moderate income levels residing in Ouray County. They have successfully obtained and secured three plots of land for this purpose. As of October 2023, construction has commenced on one of these plots, with plans to construct an affordable duplex for sale. Additionally, the organization has plans to develop rental properties and a Licensed Infant/Toddler Childcare Facility on the remaining lands.
Is Home Trust Of Ouray County legitimate?
Home Trust Of Ouray County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Home Trust Of Ouray County 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: $112,758
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Home Trust Of Ouray County?
Home Trust Of Ouray County's mission is to offer a comprehensive and permanently affordable housing solution to households with moderate income levels. This mission is achieved through the acquisition and development of land, which will be utilized for constructing affordable housing units and rentals. As of October 2023, construction has commenced on a duplex for sale, with plans for additional affordable rentals and an infant/toddler childcare facility on other properties. The organization's goal is to ensure that these housing resources remain accessible and affordable for the intended population.
What is the revenue of Home Trust Of Ouray County?
Home Trust Of Ouray County's revenue in 2023 was $676,317.
Who are the executives of Home Trust Of Ouray County and what are their salaries?
The average compensation at Home Trust Of Ouray County during 2023 was $56,379. There are 2 employees and 63 volunteers at Home Trust Of Ouray County.
Here are 10 key members and their salaries:
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Where can I find the form 990 for Home Trust Of Ouray County?
Home Trust Of Ouray County's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Home Trust Of Ouray County
Home Trust Of Ouray County, a nonprofit organization, is dedicated to providing an all-encompassing and permanently affordable housing solution for households with modest income levels. Their mission is to create a resource that caters to this specific demographic, ensuring they have access to secure, affordable housing options. As part of their endeavors, they have acquired three plots of land, two of which have already been purchased, with plans for future affordable housing developments and rentals. Construction on the first property, a duplex, commenced in October 2023. Beyond housing, Home Trust Of Ouray County also plans to establish affordable rentals and a Licensed Infant/Toddler Childcare Facility on the remaining land. The organization's commitment to affordable housing and childcare is a significant step towards ensuring that modest income households have the necessary resources to build a stable and secure future.
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Impact
July, 2024
Home Trust of Ouray County plays a crucial role in providing affordable housing solutions in the community of RIDGWAY, CO. Through its efforts, the organization helps address the housing needs of residents, contributing to stability, security, and improved quality of life for individuals and families. By focusing on the housing sector, Home Trust of Ouray County is making a tangible impact on the overall well-being of the community.
This information is meant to be a general summary of Home Trust Of Ouray County. 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: $2,225
- Program Service Revenue: $42,491
- Gross Receipts: $705,511
Assets and Liabilities:
- Total Assets: $1,005,854
- Total Liabilities: $361,342
- Net Assets: $644,512
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues & Assessments
Revenue
$740
Rental Income
Revenue
$41,751
Organization Details
Founding Year
2021
Principal Officer
Andrea Sokolowski
NTEE Category
Code: L20 - Housing
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