Overview
What is Serenity Homes?
Serenity Homes is a nonprofit organization situated in Rochester, Minnesota, with a specific mission to provide sustainable housing solutions for individuals transitioning out of homelessness. They focus on transforming distressed properties into energy-efficient, accessible homes, offering both housing and supportive services if necessary. Their goal is to create housing options that are free from discrimination, financially viable, and physically sustainable in the long term. In the past year, they successfully provided housing for 23 individuals in need.
Is Serenity Homes legitimate?
Serenity Homes is a legitimate nonprofit organization registered as a 501(c)(3) entity. Serenity Homes 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: $71,154
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,072
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What is the mission statement of Serenity Homes?
Serenity Homes' mission is focused on addressing homelessness by transforming distressed properties into energy-efficient, sustainable, and accessible housing. This housing is designed to support individuals transitioning out of homelessness, ensuring it is free from discrimination. The organization aims to create housing that is financially viable in the long term, providing a secure and stable living environment for its residents. Serenity Homes' mission also includes the provision of supportive services, if necessary, to aid in their transition towards a stable life. For the year, they were able to provide housing for 23 individuals experiencing homelessness.
Who is the CEO of Serenity Homes?
Unavailable
What is the revenue of Serenity Homes?
Serenity Homes's revenue in 2022 was $271,980.
Who are the executives of Serenity Homes and what are their salaries?
There is 1 key member and their salary:
- Compensation: $23,989
- Related: $0
- Other: $0
Where can I find the form 990 for Serenity Homes?
Serenity Homes's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Serenity Homes
Serenity Homes, a nonprofit organization, is dedicated to achieving a significant mission. Their goal is to transform or acquire distressed housing, making it energy-efficient, sustainable, and accessible. This housing is intended for individuals who are transitioning out of homelessness. Serenity Homes strives to create housing that is free from discrimination and financially and physically viable in the long term. Furthermore, they may also provide supportive services to enhance the living experience of these individuals. The organization's mission is to ensure that these individuals can secure a safe and stable living environment as they work towards rebuilding their lives.
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Impact
October, 2024
Serenity Homes makes a significant impact by providing fully furnished housing to individuals experiencing homelessness, particularly those facing challenges such as mental health issues, chemical dependency, or physical disabilities. By offering a safe and stable environment, Serenity Homes not only addresses the immediate need for shelter but also supports residents' overall well-being and recovery.
Throughout the year, Serenity Homes operated three houses, accommodating an average of 18 residents monthly, which translates to a vital lifeline for many individuals in the Rochester, MN community. The program covers all utilities, maintenance, and management, ensuring that residents can focus on their personal growth without the added stress of housing instability. Additionally, by providing meals alongside housing, Serenity Homes fosters a sense of community and belonging, critical components in the journey towards self-sufficiency and improved mental health.
The organization’s mission to create a supportive environment for its residents exemplifies how targeted interventions can lead to transformative change, helping individuals reclaim their lives and reintegrate into society.
This information is meant to be a general summary of Serenity Homes. 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: $267,980
- Gross Receipts: $271,980
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rooming and Boarding Houses
Revenue
$267,980
Organization Details
Founding Year
2021
Main Address
8 7th Ave SW, Rochester, MN, 55902
NTEE Category
Code: P85 - Human services
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