Overview
What is Housing Opportunities Inc?
Housing Opportunities Inc, situated in Salt Lake City, Utah, is a dedicated nonprofit organization. Their primary mission lies in offering programs and services to individuals and families who receive assistance for low-income housing. The organization works tirelessly to enhance living conditions and support for this demographic. The information provided does not specify any further details about the types of programs or services offered, but it is clear that Housing Opportunities Inc plays a significant role in providing aid and resources to those in need of affordable housing.
Official website here: www.housingconnect.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 66%)
Housing Opportunities Inc has received a rating of two stars from Charity Navigator, indicating a need for improvement with an overall score of 66%. While the organization excels in areas such as having a fully independent board and robust policies for conflict of interest and whistleblower protections, it falls short in financial transparency, lacking available financial statements which significantly impacts its accountability score.
The organization's program expense ratio is strong at 76.59%, demonstrating a commitment to directing funds toward its mission-oriented activities. However, a liability to asset ratio of 70.89% raises concerns about its financial health and sustainability. Despite these challenges, the organization has shown proper governance practices, which are essential for maintaining trust with its stakeholders.
Improving financial reporting and transparency will be crucial for Housing Opportunities Inc to enhance its overall rating and public trust. Addressing these limitations can help the organization better demonstrate its efficacy and commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Housing Opportunities Inc?
There's limited user feedback regarding Housing Opportunities Inc, as only a few reviews have been posted. Notably, one review indicates a concern with communication, stating that the organization struggles to answer phone calls, suggesting a need for more staff to handle inquiries effectively.
While the nonprofit has not yet accumulated significant ratings or diverse opinions, the existing comment reflects an area for improvement in responsiveness to potential clients. This sentiment may potentially impact overall perceptions of the organization until further reviews are available.
Overall, there is currently not enough information to determine widespread satisfaction, with the existing feedback highlighting challenges in accessibility rather than the services provided by the nonprofit.
This AI summary has been generated from reviews found on Facebook.
Is Housing Opportunities Inc legitimate?
Housing Opportunities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Opportunities 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,238
For more financial information, click here
Official website here: www.housingconnect.org
What is the mission statement of Housing Opportunities Inc?
Housing Opportunities Inc is committed to providing programs and services to individuals who receive assistance for low-income housing. Their mission is centered around supporting these individuals, ensuring they have access to necessary resources and aid. This organization's activities are primarily focused on catering to the needs of this specific demographic, offering a range of services to enhance their living circumstances. By doing so, Housing Opportunities Inc strives to improve the quality of life for those in need of affordable housing solutions.
Official website here: www.housingconnect.org
What is the revenue of Housing Opportunities Inc?
Housing Opportunities Inc's revenue in 2023 was $320,982.
Official website here: www.housingconnect.org
Who are the executives of Housing Opportunities Inc and what are their salaries?
Here are 10 key members and their salaries:
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- Related: $213,279
- Other: $48,369
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- Related: $158,587
- Other: $51,179
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Official website here: www.housingconnect.org
Where can I find the form 990 for Housing Opportunities Inc?
Housing Opportunities Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.housingconnect.org
Learn more at the official website: www.housingconnect.org
Mission Statement of Housing Opportunities Inc
Housing Opportunities Inc, as a nonprofit organization, is committed to providing programs and services for individuals who receive assistance with low-income housing. Their mission is centered around supporting these recipients, offering a range of resources to enhance their living circumstances. By providing these programs and services, Housing Opportunities Inc aims to contribute positively to the lives of those in need, reinforcing their commitment to low-income housing assistance.
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Impact
July, 2024
Housing Opportunities Inc provides crucial programs and services to recipients of low-income housing assistance in Salt Lake City, Utah. Through their efforts, they make a tangible difference in the lives of individuals and families who are most in need of affordable housing options. Their impact is seen in the improved living conditions, increased stability, and enhanced quality of life that their assistance brings to those facing housing challenges in the community.
This information is meant to be a general summary of Housing Opportunities 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: $2,781
- Program Service Revenue: $318,140
- Gross Receipts: $320,982
Assets and Liabilities:
- Total Assets: $5,553,505
- Total Liabilities: $3,936,885
- Net Assets: $1,616,620
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$328,140
MANAGEMENT INCOME
Revenue
-$10,000
Organization Details
Founding Year
2003
Principal Officer
Stephanie Bourdeaux
Website
www.housingconnect.orgNTEE Category
Code: L20 - Housing
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